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New EU Crypto Regulation Allow Governments to Freeze and Seize ‘Unexplained Wealth’ Believed Tied to Crime

European Union officials reached an agreement on December 12 on new crypto regulations that will grant member states expanded powers to freeze and confiscate assets suspected of being tied to criminal activities. The rules, which still need final approval from EU institutions, would...

, by Trent Alan

As KEX Shoots Up 167% to a New ATH, This Other Coin Just Hit $6 Million

KIRA, an emerging force in the decentralized finance (DeFi) sector, has seen its native coin, KEX, soar to unprecedented heights, achieving a remarkable 45.67% surge in just 24 hours. From an initial value of $0.02634, KEX has risen to an impressive $0.1370, setting a new all-time high (ATH)...

, by Arslan Butt

Fake Rabby Wallet Discovered on Apple App Store

A fraudulent version of open source crypto wallet Rabby Wallet has appeared on the Apple App Store. According to an X post from the official Rabby Wallet account, it’s not the first time scammers have tried to impersonate its wallet. “A FAKE mobile app has surfaced again. We...

, by Brian Yue

Tether Mints $1 Billion USDT for “Inventory Replenish” on Ethereum Network

Tether has minted $1 billion USDT for an “inventory replenish,” according to CEO Paolo Ardoino. In an X post on Monday, blockchain tracking platform Whale Alert reported that the Tether Treasury had minted $1 billion of its eponymous stablecoin, USDT. Tether CEO Ardoino...

, by Brian Yue

Fake Crypto Websites on Google Ads Drain $3 Million in Christmas Phishing Scam

A new report reveals that scammers stole over $3 million in cryptocurrency from victims this holiday season using fake crypto websites promoted through Google Ads. The scammers created fraudulent versions of popular crypto platforms like Zapper, Lido, and DefiLlama and used Google's advertising...

, by Trent Alan

Hong Kong Prepares for Retail Access to Spot Crypto ETFs + More News

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 for New Markets...

, by Sead Fadilpašić

Over 65% of Crypto-Related Tweets and 84% of Conversations on Reddit Were Positive in 2023

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, which delved...

, by Ruholamin Haqshanas

Crypto Guide for Seniors

It’s never too late in life to dabble in cryptocurrency investing – For seniors unfamiliar with the sector cryptocurrency is a type of digital or virtual currency that uses cryptography for virtual transactions. Unlike traditional currencies issued by governments (like the US dollar or the...

, by Tanzeel Akhtar

US-Approved Spot Bitcoin ETFs Could Surpass Entire $50 Billion Crypto ETP Market: BitMEX

The global market for cryptocurrency exchange-traded products (ETPs) has reached a significant milestone, currently comprising approximately 150 products with a total value of $50.3 billion in assets under management, as reported by BitMEX research. According to the research, the potential...

, by Hassan Shittu

Survey Reveals 75% of Hong Kong’s Virtual Asset Investors Chase Short-Term Returns

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 asset investors in...

, by Ruholamin Haqshanas

Bitcoin Hashrate Hits New All-Time High, Exacerbating Profitability Challenges for Miners

The hashrate of the Bitcoin (BTC) network has reached a new all-time high, putting additional pressure on miners who are already grappling with a slump in profitability. According to data from Blockchain.com and Bitinfocharts, Bitcoin's hashrate soared to a record-breaking 544...

, by Ruholamin Haqshanas

Mt. Gox Creditors Report Receiving Compensation Payments via PayPal in Japanese Yen

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 Yen-denominated refunds...

, by Ruholamin Haqshanas

zkSync Era Resolves Network Glitch Triggered by Automated Safety Check

The zkSync development team recently addressed and resolved a network glitch in the zkSync Era platform with “no funds at risk,” according to a post by zkSync Development. The network glitch in the zkSync Era platform occurred on Dec. 25 at 05:50 UTC, as reported by the...

, by Hongji Feng

Former FTX CEO Sam Bankman-Fried and Debtors Reach Settlement in Embed Proceeding

The bankrupt crypto exchange FTX and its debtors have reached a settlement agreement with founder Samuel Bankman-Fried and others to address certain claims related to the acquisition of the stock trading platform Embed. In a December 22 filing with the United States Bankruptcy Court for the...

, by Hassan Shittu

Crypto Exchange Listing and Delisting Announcements: December 25, 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...

Bitcoin Reaches New All-Time High In Options Open Interest

Demand for Bitcoin options is soaring, with average daily open interest on the Chicago Mercantile Exchange (CME) touching an all-time high of $1.9 billion as of December. According to CoinGlass, the last high for CME open interest was in April at $1.68 billion, when the U.S. banking crisis a...

, by Andrew Throuvalas

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