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Crypto Exchange Bitzlato in Hot Water as Co-founder Pleads Guilty

Anatoly Legkodymov, also known as “Gandalf” and “Tolik,” a Russian national and co-founder of the Hong Kong-based crypto exchange Bitzlato, has pleaded guilty in a US federal court in New York to charges related to operating an unlicensed money transmitting...

, by Fredrik Vold

Chinese Cities Launch End-of-Year Digital Yuan Giveaways

More Chinese cities will give away digital yuan tokens and discount vouchers this month, as the People’s Bank of China (PBoC) looks to spur CBDC adoption. The Hebei News Network reported that the PBoC’s Hebei branch and local government authorities in the province will give out...

, by Tim Alper

Singapore, China to Begin Piloting Digital Currency in Tourism Spending Push

Singapore’s regulatory body the Monetary Authority of Singapore (MAS) plans to begin piloting the digital currency “E-CNY” – also known as the digital yuan, in collaboration with China to encourage tourism spending. The two countries first signed a Memorandum of...

, by Tanzeel Akhtar

Binance Will Lose Dominance After Plea Deal: Head of Digital Assets Research at VanEck

Binance, the largest cryptocurrency exchange in the world, is expected to lose its leading position following the guilty plea to US charges and a record $4.3 billion penalty. While the total market value of cryptocurrencies has surged by 12% or $180 billion in the past week, Binance...

, by Ruholamin Haqshanas

Bitcoin Boost: GTA VI Trailer Leak Features ‘Buy BTC’ Message

Before Rockstar Games had time to release the official version, an anonymous leaker revealed the Grand Theft Auto 6 trailer - donning a buy-BTC ad. There has been a lot of debate over whether the much-anticipated game would feature an in-game cryptoasset. Many wondered if bitcoin (BTC) would...

, by Sead Fadilpašić

UAE Tech Researchers Roll Out Lightweight Blockchain for Carbon Trading

The Technology Innovation Institute in Abu Dhabi has launched a blockchain geared towards tracking carbon emissions and facilitating trading amid growing climate concerns. In a Dec 5 post on X (Twitter), the institute disclosed that its Cryptography Research Center has launched the...

, by David Pokima

JPMorgan’s Jamie Dimon Urges Government to Shut Down Bitcoin

During a Senate Banking Committee hearing on Capitol Hill, JPMorgan Chase CEO Jamie Dimon expressed his strong opposition to cryptocurrencies, specifically Bitcoin (BTC). Dimon's remarks came in response to questioning from Senator Elizabeth Warren, where he claimed that the only true...

, by Ruholamin Haqshanas

21Shares COO Departs, CEO Hany Rashwan Reassures Firm Has Transition Plan

Switzerland-based exchange traded product (ETP) provider 21Shares has confirmed its chief operating officer Lucy Reynolds, has left the firm. Before joining 21Shares Reynolds was head of product management at WisdomTree and joined 21Shares in 2020 – Reynolds was unavailable for comment...

, by Tanzeel Akhtar

Zodia Custody Launches New Product to Facilitate Crypto Transfers and Trade Settlements for Institutional Investors

Zodia Custody, a crypto custody firm backed by Standard Chartered, has announced the launch of a new product intended to facilitate seamless crypto transfers for institutional investors. Dubbed "Interchange Connect," the offering aims to create a "network of networks" that connects...

, by Ruholamin Haqshanas

Merit Circle DAO Partners with Immutable for Web3 Gaming and Trading Development

Merit Circle DAO and Immutable have announced a strategic partnership to develop the web3 gaming ecosystem, emphasizing blockchain technology and digital asset ownership. The collaboration involves launching Merit Circle's gaming subnet, Beam, on Immutable's zkEVM, a scaling solution powered by...

, by Hongji Feng

Florida Governor Ron DeSantis Says CBDC is a Direct Threat to Personal Freedom

At a recent debate held at the University of Alabama, Republican candidates gathered to discuss various topics, including cryptocurrency regulation and Central Bank Digital Currency (CBDC). During the event, Florida Governor Ron DeSantis criticized the idea of a central bank digital...

, by Ruholamin Haqshanas

Parliament of India Holds Discussion on Future of Web3

The lower house of the Indian Parliament, Lok Sabha, held a discussion on the importance of web3 and blockchain sector in India on December 6. Rajeev Chandrasekhar, Minister of State for Electronics and Information Technology, emphasized the importance of Web3 and Blockchain technologies in...

, by Jai Pratap

Robinhood Launches Commission Free Crypto Trading App in EU

Robinhood is expanding its services in the European Union (EU) by launching commission-free crypto trading. The move comes just a week after the company made its international debut with stock-broking services in the UK. The Robinhood app, set to go live on Thursday, will...

, by Ruholamin Haqshanas

Cathie Wood’s Ark Invest Continues to Dump Coinbase and GBTC Shares

Cathie Wood's Ark Invest continues its selling spree of shares of the largest US-based crypto exchange, Coinbase, amid the ongoing crypto rally. Ark Invest Daily reported that the fund management firm offloaded $24.2 million worth of Coinbase shares and $3.4 million worth of shares of the...

, by Jai Pratap

Former Binance CEO CZ’s Guilty Plea Accepted by US Judge

Changpeng Zhao, former CEO of Binance known as CZ, had his guilty plea accepted by a U.S. judge in a case involving anti-money laundering (AML) regulations. According to a recent court filing in the U.S. District Court for the Western District of Washington in Seattle, Judge Richard Jones...

, by Hongji Feng

Jack Dorsey-Backed Bitcoin Mining Pool Refuses To Process Ordinals Transactions – What’s Going On?

OCEAN – a newly launched Bitcoin (BTC) mining pool backed by Jack Dorsey – has updated its mining software to exclude Bitcoin ordinals transactions from the blocks that it generates. Ordinals is a protocol for issuing NFTs and alternative tokens on the Bitcoin network – a...

, by Andrew Throuvalas

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