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Cardano Foundation Launches Identity Wallet For Seamless Interaction With DApps

Swiss-based Cardano Foundation, the non-profit organization created to promote the Cardano blockchain ecosystem, is introducing a new digital Identity Wallet. The new product is compatible with the World Wide Web Consortium (W3C), an international standards organization for the World Wide...

, by Sujha Sundararajan

BTC Derivatives Show Resilience Amidst Fluctuations, Eye $50K Target

Despite Bitcoin (BTC) trading below its 2023 high and struggling to stay above the $41,000 mark, derivatives data suggests traders remain optimistic, eyeing a $50,000 target and beyond. While a $127 million liquidation of leveraged long Bitcoin futures occurred on December 11, representing...

, by Fredrik Vold

Russia Poised to Let Miners Sell Coins Abroad as ‘Exports’

Russian industrial miners may be given the right to sell cryptoassets as “export products,” the nation’s finance ministry said. Per RBC, the country’s Deputy Minister of Finance Ivan Chebeskov made the comments at a round table event named “Cryptocurrency and...

, by Tim Alper

“Banks Work, Bitcoin Doesn’t” Wikipedia Co-founder Fires Shots at Bitcoin, Community Responds

Wikipedia co-founder Jimmy Wales criticized Bitcoin (BTC) on the asset losses when users forget their wallet passwords against the reality of centralized finance sparking wide controversy among crypto enthusiasts. Wales wrote on X (formerly Twitter) against the structure of Bitcoin in a...

, by David Pokima

Crypto to be Measured at Fair Value in US Under New FASB Rules – Here is the Bitcoin (BTC) Price Reacted

US companies that hold crypto will be required to record their tokens at the most up-to-date or “fair value”, according to the first set of crypto accounting rules issued by the US Financial Accounting Standards Board (FASB), and crypto prices are pushing higher as a result. ...

, by Michael Davis

Brazil Expansion Is “Central Focus” for Coinbase

The crypto exchange giant Coinbase says that Brazil has “become a central focus” in its “global growth strategy.” The Brazilian media outlet Livecoins said Coinbase recognized “Brazil's growing importance in the cryptocurrency market.” And it said the...

, by Tim Alper

SBF’s Lawyer Says FTX Co-founder Was Worst Person Ever Under Cross-Examination + 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: SBF’s Lawyer Says FTX Co-founder Was Worst Person Ever Under Cross-Examination Bitfinex Analyst: Fed's Rate Hike Pause May Be Seen As...

, by Sead Fadilpašić

3AC’s Su Zhu Examined in Singapore Court as Prosecutors Seek to Recover Creditor’s Assets

Three Arrows Capital’s (3AC) co-founder Su Zhu was probed in a Singapore court for the first time about the company’s collapse as prosecutors intensified efforts to recover funds belonging to creditors. According to a recent Bloomberg report, Zhu will be subject to a two-day...

, by David Pokima

House Committee Unanimously Passes Pro-Blockchain Bill

The House Committee on Energy has voted unanimously to approve a new piece of legislation entitled the “Deploying American Blockchains Act.” What the bill entailsAccording to the brief, the bill would “direct the Secretary of Commerce to promote the competitiveness of the...

, by Julia Smith

Nasdaq to Utilize Technology Developed for Cryptocurrency to Power Emerging Markets

Nasdaq is set to leverage the technology it developed for its cryptocurrency venture to expand into emerging markets. The renowned stock exchange operator, which recently abandoned its plans to launch a custodian business for digital assets in the United States, aims to capitalize on...

, by Ruholamin Haqshanas

Insomniac Games Held for Ransom: Hackers Demand Over $2M in Bitcoin

The infamous Rhysida hacker group has attacked Insomniac Games, allegedly asking for 50 BTC in ransom. Insomniac Games is an American, California-based video game developer and part of PlayStation Studios. The latter is a division of Sony Interactive Entertainment. Some of Insomniac...

, by Sead Fadilpašić

Genesis Reaches Settlement With Parent Company DCG in $620M Lawsuit

The beleaguered crypto lender Genesis and its parent company, Digital Currency Group (DCG), have reached a settlement that could end the protracted lawsuit aimed at recovering $620 million in repayments from DCG. DCG Commits to Settling $324.5M in Loans by April According to a filing made on...

, by Jai Pratap

Bitcoin Core v26.0 Released, v27 Could Terminate Bitcoin Ordinals

The latest major release of the Bitcoin Core software, version 26.0, is now available. The upgrade includes changes that will improve network connectivity and syncing speed for nodes. Bitcoin developers have indicated that the next release, v27, may put an end to the controversial Bitcoin...

, by Trent Alan

Crypto Mogul Novogratz Chooses Phillips Over Biden for Political Support

Mike Novogratz, a prominent investor in the cryptocurrency space and a long-time supporter of Joe Biden, is set to fundraise for Representative Dean Phillips, a Democratic primary challenger to the president. Novogratz, the CEO of Galaxy Investment Partners, will co-host a campaign...

, by Ruholamin Haqshanas

Bitget Releases Position Grids to Reshape Digital Asset Trading

Cryptocurrency exchange, Bitget has launched position grids, a trading tool to enable users take advantage of market fluctuations in a bid to scale up activities. In a recent press release, the exchange announced the integration of its trading tools to aid all users including helping...

, by David Pokima

Binance Announces Compensation For Traders Who Bought AEUR Stablecoin During 200% Surge

Binance will compensate users who bought the Euro-pegged AEUR stablecoin during a recent 200% surge, the company said. In a blog post published Wednesday, the company said it would create a compensation plan for users who bought the stablecoin after its value surged nearly 200% to more than...

, by Brian Yue

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