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IMF Chief Sees Crypto as Asset Class — Says Bitcoin Won’t Dethrone US Dollar as Dominant Currency
16.1.2024
International Monetary Fund (IMF) chief Kristalina Georgieva sees crypto as an asset class, not money. She dismissed concerns of bitcoin potentially displacing the U.S. dollar as the world’s dominant currency, citing the size of the U.S. economy and the depth and sophistication of...
Online Casino Player Wins Record $42 Million Slots Jackpot on Sportsbet.io
15.1.2024
  January 10, 2024, London, UK —  A lucky Sportsbet.io player has won the largest slots jackpots in history, turning a single $50 spin into an incredible $42 million prize. Record Win  The player was placing bets in USDT cryptocurrency on Alchemy Gaming’s Wheel of Wishes...
Kevin O’Leary says Institutions Won’t Use Spot Bitcoin ETFs and Hints at Next Trend in Crypto
12.1.2024
(Photo by Steven Ferdman/Getty Images) While the approval of spot Bitcoin (BTC) exchange-traded funds (ETFs) in the United States will further lead to the institutionalization of Bitcoin, Kevin O’Leary — a Canadian venture capitalist and CNBC personality — told Cryptonews that...
Solana’s Rocky Start to 2024 — SOL’s Value Dips Over 6% Amidst Previous Year’s Highs
6.1.2024
During the initial week of 2024, the digital currency solana experienced a sharp decline, shedding over 6% in value. This downturn has relegated the crypto asset to the fifth position in market rank, as it oscillates beneath the $100 threshold on Saturday, Jan. 6, 2024. 2024 Brings Chill...
South Korea’s Crypto Surge — Navigating the ‘Kimchi Premium’ and Massive Trade Volumes
4.1.2024
Recent data reveals that South Korea’s crypto trading volume has surged in recent months, with two exchanges, Upbit and Bithumb, contributing over 10% to the global trading volume as of Jan. 4, 2024. Additionally, while the global price for bitcoin hovers around $43,356 per unit, in South...
FTX Founder Sam Bankman-Fried Won't Face Second Criminal Trial, U.S. Prosecutors Say
30.12.2023
Anti-Corruption Commission Reveals South Korean Lawmakers Traded $98M in Crypto Over Past Three Years
29.12.2023
Source: Pixabay The Anti-Corruption and Civil Rights Commission has revealed that South Korean lawmakers engaged in crypto trading, totaling a staggering 125.6 billion won ($97.6 million) over the past three years. The commission’s 90-day inspection into the virtual asset transaction records...
South Korean Biz Exec Bailed as ‘Bithumb Market Manipulation’ Probe Continues
28.12.2023
Source: Global Image Archive/Adobe A South Korean court has released a media mogul and business executive on bail as a probe into market manipulation and insider trading at the crypto exchange Bithumb continues. The executive, Won Young-sik, is the former CEO of Chorokbaem Group, the parent firm...
South Korea’s Leading Crypto Venture Made 29 Investments in 2023, Allocating $28.44 Million in Total
27.12.2023
Source: Pixabay Hashed, South Korea’s largest crypto venture, has invested 36.8 billion won ($28.44 million) in blockchain projects this year. Despite the challenges faced during the prolonged crypto winter, Hashed successfully forged numerous new investments in blockchain infrastructure...
Former Bitmex CEO Arthur Hayes: ETF Success’ Might ‘Destroy Bitcoin’
25.12.2023
Arthur Hayes, former CEO of Bitmex and cryptocurrency market analyst, pondered about the success of an upcoming spot bitcoin ETF and its effect on the future of bitcoin. Hayes states that the popularity of these ETF derivatives might concentrate the custody of all the bitcoin in a few hands that...
Solana Tops $100 After Monumental 764% Growth This Year
24.12.2023
On Saturday, the smart contract platform Solana’s token, solana (SOL), eclipsed the $100 threshold, achieving a weekly growth exceeding 36% against the U.S. dollar. Throughout the year, investor sentiment toward solana (SOL) has remained overwhelmingly positive, intensifying following...
Crypto Won't Get Long-Awaited U.S. Rules in 2024, But the Courts May Steer Its Future
18.12.2023
The U.S. Congress is still wrestling over crypto, so it's unlikely that a full regulatory regime will be in place before 2025, though court rulings and agency policies will keep emerging
Here's Why Baldur's Gate 3 Won't Be On Game Pass
15.12.2023
Baldur’s Gate 3 director Swen Vincke believes the Dungeons & Dragons-based RPG is a big game worth paying for. I have to agree. The Larian Studios founder says that’s why the game isn’t coming to Xbox Game Pass. Read more
20 Cool Indie Games You Won't See At The Game Awards
7.12.2023
We are now blessed with not one but two annual Day of the Devs indie game showcases, and the latest one lives up to the event’s reputation. A roughly 90-minute stream yesterday highlighted some awesome-looking games from developers around the world, and I want to play all of them right this minute....
India Won't See Crypto or Web3 Bill for Another 18 Months, Senior Lawmaker Tells CoinDesk
7.12.2023
India is unlikely to bring a crypto or Web3-specific legislative bill anytime soon and perhaps all the way up to mid-2025, said one of the most senior politicians in India's government overseeing the financial evolution of the nation
Korean Won Overtakes Dollar as Top Fiat Trading Pair Amid Recent Bitcoin Rally: Report
6.12.2023
Source: Pexels South Korean crypto traders are emerging as key influencers in driving Bitcoin price up by over 50%, reaching its highest price level in two years. As per data compiled by CCData for November, Korean won surpassed the dollar, becoming the largest fiat trading pair in crypto for...
House's McHenry Won't Seek Reelection, Costing Crypto a Top Ally: Politico
5.12.2023
Rep. Patrick McHenry (R-N.C.), arguably the crypto industry's most important advocate in the U.S. Congress, has decided not to seek another term, sources told Politico on Tuesday
Ian Allison's Giant Sam Bankman-Fried Scoop Won Accolades in 2023
4.12.2023
The CoinDesk reporter belongs in the journalism hall of fame since there's little, if any, precedent for the waves his story on Alameda Research and FTX stirred up
UK Won’t Excuse Ignorance in the Hunt for Unpaid Crypto Taxes, Experts Say
30.11.2023
The government could use a number of different ways to track down crypto tax evaders, CoinDesk was told
Economist Peter Schiff: US Dollar Near ‘Historic Crash’ — ‘Forget Soft Landing, It’s Crash and Burn’
30.11.2023
Economist Peter Schiff has warned that the U.S. dollar is “on the verge of a historic crash.” He stressed that there won’t be a soft landing for the U.S. economy, predicting a “crash & burn” scenario. Schiff highlighted the potential for increased inflation, rising...