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Solana and Avalanche Take the 2023 Throne with 620% and 290% Price Growth + More News
27.12.2023
Source: AdobeStock / Vector Archive Get your daily, bite-sized digest of crypto and blockchain-related news – investigating the stories flying under the radar of today’s news. In this edition: 2023 Winners: Solana and Avalanche Take the Throne with 620% and 290% YTD Price Growth Waterfall Network...
Former Binance CEO Changpeng Zhao’s Wealth Surged by $25 Billion Despite Legal Troubles in 2023
27.12.2023
Source: A video screenshot, Youtube/Entrepreneur ME Former Binance CEO Changpeng Zhao has seen his estimated wealth jump by almost $25 billion in 2023 despite his guilty plea to US criminal charges in November, which may result in his imprisonment next year. CZ’s remarkable financial growth...
Bitrace Report Examines Money Laundering with Stablecoins
27.12.2023
Source: iStock/kali9 A recent report by blockchain researcher Bitrace has shed light on the potential use of stablecoins in money laundering activities. The report, published on December 26 and translated by Wu Blockchain, highlighted two distinct scenarios in which stablecoins, specifically...
South Korea to Mandate High-Ranking Public Officials to Disclose Cryptocurrency Holdings by Next Year
27.12.2023
Source: CJ Nattanai/Adobe South Korea has announced that high-ranking public officials will be required to disclose their cryptocurrency holdings starting next year. In a Wednesday press release, the country’s personnel ministry said this proactive approach is intended to address potential...
Hacking Incidents Decreased for First Time Since 2021, Still $2 Billion in Crypto Assets Stolen in 2023
27.12.2023
Source: AdobeStock / Sergey Nivens Despite losing around $2 billion to crypto thefts, 2023 saw a slight decline in hacking incidents targeting the cryptocurrency industry. According to a recent report from De.FI, a prominent web3 security firm known for its REKT database, hackers managed to pilfer...
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...
China Unveils Digital Yuan Wallet Machine for Foreign Passport Holders
27.12.2023
A person’s hand holding US dollar banknotes at a banking machine. China has launched its first automated digital yuan wallet-opening machine for overseas passport holders. Per 21Jingji, the Bank of China’s Dongguan Branch has installed the machine at the Taiping branch of the Huangpu Customs Hall....
Hong Kong Prepares for Retail Access to Spot Crypto ETFs + More News
26.12.2023
Source: AdobeStock / maurice norbert Get your daily, bite-sized digest of crypto and blockchain-related news – investigating the stories flying under the radar of today’s news. In this edition: Hong Kong Prepares for Retail Access to Spot Crypto ETFs Southeast Asia Scammers Are Forced to Look...
Over 65% of Crypto-Related Tweets and 84% of Conversations on Reddit Were Positive in 2023
26.12.2023
Image Source: Pixabay There was a prevailing sense of optimism in the world of cryptocurrencies last year, with over 65% of conversations on X (formerly Twitter) and Reddit radiating positive sentiment. That is according to the latest report on crypto online sentiment by CoinWire and Storible...
STX Price Prediction: After 126% Price Jump in December, What’s in Store for 2024?
26.12.2023
Stacks (STX) has experienced a remarkable 126% price jump in December this year, catching the attention of investors and traders. As of now, the cryptocurrency is trading at $1.49, up by 2.56% over the past day. Over the past year, the token has gained an astounding 560%. With more than...
Survey Reveals 75% of Hong Kong’s Virtual Asset Investors Chase Short-Term Returns
26.12.2023
Source: iStock/Onfokus The majority of Hong Kong’s virtual asset investors chase short-term returns, embrace crypto as an investment trend, and fear missing opportunities. One of the key findings of the “Retail Investor Research 2023” report was that 75% of the surveyed virtual...
Mt. Gox Creditors Report Receiving Compensation Payments via PayPal in Japanese Yen
26.12.2023
Source: AdobeStock / 24K-Production Creditors of now-defunct crypto exchange Mt. Gox have reported receiving fiat repayments for their trapped Bitcoin on the social media platform Reddit. According to recent posts on the Reddit page r/mtgoxinsolvency, Mt. Gox has begun sending Japanese...
Telcoin Loses $1.3 Million in Security Breach, TEL Price Plummets Over 50%
26.12.2023
Source: Adobe / zedtox The Telcoin app recently faced a series of targeted attacks draining several wallets, causing a sharp 65% decline in the price of Telcoin ($TEL) for a brief period. The exploited vulnerability is estimated to have resulted in a loss of around $1.3 million. The identified...
Crypto Exchange Listing and Delisting Announcements: December 25, 2023
25.12.2023
Here is our weekly collection of digital asset listing and delisting, trading pair-related announcements by crypto exchanges that we found last week and today. Have we missed something? Do you have information about new listings and/or delistings? Let us know here....
Robinhood’s Crypto Revenue Hits Lowest In 3 Years But Still Expands Crypto Operations + More News
25.12.2023
Source: AdobeStock / sizsus Get your daily, bite-sized digest of crypto and blockchain-related news – investigating the stories flying under the radar of today’s news. In this edition: Robinhood’s Crypto Revenue Hits Lowest In 3 Years, But It Still Supports Crypto US SEC Holds Calls With Spot...
MINA Price Prediction: Mina Protocol Up 14.8% in 24 Hours – Going Higher in 2024?
25.12.2023
Source: AdobeStock / lilyl Ever since breaking the downtrend in late October this year, the Mina Protocol has gone from strength to strength. Currently ranking #64, MINA has a market capitalization of $1.24 billion. Its price was up nearly 15% in 24 hours at one point. It’s currently up 76.3%...
Best Crypto to Buy Today December 25, 2023 – Qaunt, Sei, The Sandbox
25.12.2023
This Christmas day brings some crypto specials for investors to consider. On today’s crypto market menu, we have Quant (QNT), Sei (SEI), and The Sandbox (SAND). Quant is up 17.5% over the last 24 hours, currently trading at nearly $135. Meanwhile, Sei appreciated nearly 12% to $0.39 and SAND...
Biggest Crypto Gainers Today on Uniswap – METIS, MIND, BEAM
25.12.2023
As the broader crypto market slows down after weeks of price surges, a number of tokens on Uniswap UNI) continue to remain key performers, drawing the focus of both investors and traders. One of these top performs is METIS, which has seen its value reach $50, increasing by more than 32% in just...
XRP Price Prediction: Pushing Past $1 Billion in Trading Volume – What’s in Store for 2024?
25.12.2023
XRP, the native token of Ripple, has resumed its upward movement, rising by over 2% over the past day amidst a whopping $1.19 billion trading volume. The rally comes as the cryptocurrency has shown resilience and has been making headlines over the past year despite the legal challenges. According...
Crypto Exchange Yellow Card Financial Set to Apply for Nigerian License Following Cryptocurrency Ban Lift
25.12.2023
Image Source: Pexels Pan-African cryptocurrency exchange Yellow Card Financial has announced plans to apply for a license in Nigeria following the recent lifting of the country’s cryptocurrency ban. The ban, which was imposed in 2021, prohibited financial institutions from transacting...