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Bitcoin Bounces Back Above $43,000 After Strong US Retail Sales Data Prompts Brief Price Dip – Here’s Why BTC Could Soon Hit Fresh Yearly Highs

Stronger-than-expected US November Retail Sales data released earlier on Thursday triggered a sudden near-$1,500 drop in the Bitcoin (BTC) price from just under $43,000 to around $41,500. Seemingly, the data, which showed an unexpected MoM leap in headline and core retail sales last month,...

, by Michael Davis

Crypto Crooks Sent Over $300M to Bitcoin Mixers in 2023: CertiK Research

Following the demise of the popular crypto mixing protocol, Tornado Cash, the Bitcoin ecosystem has become a preferred avenue for discreet fund movement, according to research by blockchain analytics firm CertiK. In its recent report, CertiK, known for conducting smart contract audits and...

, by Jimmy Aki

Approval Phishing Scams See “Explosive Growth,” Nearly $375 Million Stolen This Year Alone

Approval phishing scams are on the rise in the crypto space, with early $375 million stolen this year alone, according to new data from blockchain analytics firm, Chainalysis. Malicious activity by approval phishing scammers on the blockchain The new data comes from the organization's...

, by Julia Smith

Crypto KYC Solutions Advance to Ensure Adoption and Better User Experience

Know-your-customer (KYC) measures are becoming more important as the cryptocurrency sector grows. These models have proven to help digital asset service providers prevent against crimes such as money laundering, terrorist financing and more. Yet while KYC processes can help financial firms...

, by Rachel Wolfson

Ukrainian Lawmakers Mull Two Crypto Tax Bills

Ukrainian lawmakers are set to debate two crypto tax bills, as Kyiv looks to raise money from crypto traders. Per Minfin and PSM7, Yuriy Boyko, a member of the National Commission on Securities and the Stock Market, confirmed that the regulator was the author of one of the bills. Boyko...

, by Tim Alper

Mt. Gox Creditors to Receive Bitcoin Payments Starting 2023 Based on Rehabilitation Plan

Nearly a decade after the collapse of the Mt. Gox cryptocurrency exchange, creditors may finally receive some relief. In an email sent to rehabilitation creditors on Wednesday, the trustee overseeing the Mt. Gox bankruptcy estate, Nobuaki Kobayashi, announced plans to commence repayments in...

, by Trent Alan

Biggest Crypto Gainers Today on Uniswap – ODOGE, ORD, MATTER

The Bitcoin (BTC) melt-up has continued on Tuesday, with the BTC price briefly hitting $44,000 before pulling back to the upper $43,000s, taking its run of gains since last Friday to around 15%. Investors continue to panic buy amid bets that 1) spot Bitcoin ETFs will soon gain approval in the...

, by Michael Davis

Russia-China CBDC Payments May Debut in 2024 – Moscow

A top Russian politician says that Moscow and Beijing could begin using their CBDCs – the digital ruble and digital yuan – to make payments as early as 2024. Per the news agency Tass, the comments came from Anatoly Aksakov, the head of the State Duma Committee on the Financial...

, by Tim Alper

Exclusive: Micapass CEO Gintarė Košubienė Discusses AML Compliance Shift in Crypto Post-Binance Fine

The cryptocurrency industry is on the brink of a transformative shift in Anti-Money Laundering (AML) compliance, a change propelled by the recent landmark fine imposed on Binance and its CEO, Changpeng Zhao. The recent anti-money laundering case involving Binance and its former CEO,...

, by Arslan Butt

Breaking: On-Chain Data Suggests Popular Decentralized Applications are Compromised – Here’s the Latest

Multiple popular decentralized applications (dApps) have been compromised following a hack against a popular Web3 connector on Wednesday, numerous software experts confirmed on Thursday. “Do not interact with ANY dApps until further notice,” warned Matthew Lilley, CTO of...

, by Andrew Throuvalas

Philippine SEC Gives Binance and Other Platforms Operating Without License 3 Months Before Ban

The Philippine Securities and Exchange Commission (SEC) has clarified the issues raised over the former advisory to the effect that any unregistered platform will be banned after three months. Speaking at a Dec 13 panel on educating consumers on unregistered exchanges, the head of the...

, by David Pokima

Gensler Dodges Crypto Questions After Treasury Market Meeting

Securities and Exchange Commission (SEC) Chair Gary Gensler appeared reluctant to discuss cryptocurrency during a meeting focused on the U.S. Treasury market, evading a reporter's question regarding the status of spot bitcoin ETF applications. Gensler's response came during an...

, by Ruholamin Haqshanas

Yearn.Finance Ask Traders to Return Gains Following $1.4 Million Multisig Error – What’s Going On?

Decentralized finance (DeFi) protocol Yearn.Finance has called on arbitrage traders to return excess profits they accrued as a result of a multi-signature scripting error that led to a $1.4 million drain. In a Dec 11 GitHub post, the protocol’s contributor, “dudeshan”...

, by David Pokima

Solana-Based Meme Coin BONK Surges 45% after Coinbase Listing

Solana-based meme coin BONK has gained more than 45% in the past 24 hours following the announcement of its listing on the prominent exchange Coinbase. The move positions BONK as the third-largest meme coin, trailing only Dogecoin (DOGE) and Shiba Inu (SHIB), to be offered on the...

, by Ruholamin Haqshanas

Gemini Earn Users Face Potential 70% Reduction in Promised Bitcoin Payouts Under Proposed Reorganization Plan

Gemini Earn creditors could potentially face up to a 70% reduction in their promised crypto payouts as part of a proposed reorganization plan. The plan, outlined in an email sent by Gemini Trust on December 13, has now been put up for a vote, leaving creditors with a difficult decision to...

, by Ruholamin Haqshanas

SEC Delays Decision on Invesco Galaxy’s Ethereum ETF Until February 2024

The U.S. Securities and Exchange Commission (SEC) has postponed its decision on Invesco Galaxy's spot Ethereum exchange-traded fund (ETF) application, with a new decision to be made in 2024. According to the SEC’s latest filing, the decision, initially expected by December 23, 2023,...

, by Hongji Feng

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