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Jito Foundation Launches JTO Token To Manage Solana-based Liquid Staking Protocol – Airdrop Confirmed

The Jito Foundation is introducing a governance token designed to oversee and stimulate the development of the Solana-based liquid staking protocol. In a statement released on Monday, the company disclosed plans to create 1 billion JTO tokens to facilitate the governance of its Jito Network....

, by Brian Yue

KyberSwap Retrieves $4.7 Million After Security Attack

The decentralized exchange protocol recovered the funds following a security attack last week. After the initial attack last week, KyberSwap said that it had lost a total of $47 million from its concentrating liquidity pools. Yesterday, a portion of the funds recovery was successfully achieved...

, by Brian Yue

Vested Digital Assets Worth $750M Set for Release in December After Initial Delay – Will Crypto Prices Sell Off?

Locked crypto assets valued at $750 million are set for release by December 2023, according to data gathered from the Token Unlocks platform. A total of four decentralized blockchain protocols are looking to saturate the crypto market with their digital tokens. Among these blockchain...

, by Jimmy Aki

Binance’s New CEO Teng Commits to More Regulatory Collaboration – Is This a New Chapter for Binance?

Following his appointment as the new CEO of the world's largest crypto asset exchange on November 22, Richard Teng has outlined his vision for the platform going forward. In his first-ever blog post, Teng revealed that the Binance exchange would be focused on contributing to the development...

, by Jimmy Aki

Hong Kong Authorities Investigate $15.4 Million Scam on Hounax: Report

Police in Hong Kong have begun investigating the crypto trading platform after more than 130 people said they had been scammed. South China Morning Post reported on Saturday that Hong Kong authorities had vowed to make arrests soon in light of reports of over $15.4 million being stolen on...

, by Brian Yue

Digital Asset Funds Record $346 Million Inflows as Assets Under Management Surge Past $45.3 Billion

Cryptocurrency products recorded a massive $346 million in weekly inflows, marking the highest figure in the past nine weeks of consecutive gains. A CoinShares Digital Asset Fund Flows Weekly Report shows a growing bullish sentiment in the market after positive signs from institutional...

, by David Pokima

Bankless Founders Vow to Separate Media Company from DAO Amid Controversy

In the midst of an ongoing controversy surrounding cryptocurrency media platform Bankless and its associated decentralized autonomous organization (DAO), the company's founders have announced their intention to separate the brand from the DAO. Co-founders David Hoffman and Ryan Sean Adams...

, by Ruholamin Haqshanas

Today in Crypto: Banxa and Cardano’s Yoroi Wallet Enable In-app Fiat On/Off Ramping, Bybit Reveals Personality-Based Trading NFT/USDT Competition

Get your daily, bite-sized digest of crypto and blockchain-related news – investigating the stories flying under the radar of today’s news. __________ Wallet news Web3 on-and-off ramp solution Banxa announced that it, in partnership with Cardano's Yoroi Wallet, enabled in-app fiat on/off...

, by Sead Fadilpašić

Bitcoin User Claims Hack Triggered Record $3M Bitcoin Fee, 139 BTC Lost

A Bitcoin user has come forward claiming they were the victim of a hack that led to the record-breaking $3 million Bitcoin transaction fee paid last week. The anonymous user, going by the handle @83_5BTC on X, said they had created a new cold wallet and transferred 139 BTC to it, worth over...

, by Trent Alan

Fast-growing Tron Preferred over Bitcoin by Terrorist Groups: Report

Numerous terror organizations are now utilizing Tron over Bitcoin, according to a new report by Reuters released Monday. Tron’s popularity is on the rise “Earlier it was Bitcoin and now our data shows that these terrorist organizations increasingly favor Tron,” said Mriganka...

, by Julia Smith

Fed Expected to Take Dovish Stance in 2024 with Over 100 Basis Points of Cuts

The U.S. Federal Reserve is likely to adopt a dovish monetary policy stance in 2024, according to projections published by Deutsche Bank on Monday. Analysts predict the Fed will cut interest rates by at least 100 basis points from current levels of around 5.25-5.50%. Easing Policy As Inflation...

, by Trent Alan

Max Keiser Walks Back Bid to Get Bukele and Argentina’s Milei to Talk BTC

The bitcoiner Max Keiser has apparently retracted his bid to get El Salvador President Nayib Bukele and Argentina’s President-elect Javier Milei to talk BTC. Keiser last week took to X (formerly Twitter) to publicly ask Bukele for permission for the El Salvador Bitcoin...

, by Tim Alper

The Collision of AI and Crypto Attracts Scammers – What’s Going On?

As the crypto industry continues to evolve, a new wave of scams is emerging, blending the hype of artificial intelligence (AI) with crypto, Kathleen Breitman, co-founder of the Tezos blockchain, has warned. Writing in a commentary piece for Fortune on Sunday, warned of a rising trend where...

, by Fredrik Vold

South Korean Police Shut Down ‘170-victim Robot-themed Crypto Scam’

Police in South Korea have arrested a group of people they suspect of duping 170 “crypto investors” – by posing as cryptoasset-issuing robot developers. Per Joongang Ilbo, the Jeonnam Police Agency, officers made at least two arrests, with a 63-year-old and a 36-year-old...

, by Tim Alper

Crypto Scam-Kit Inferno Drainer Shuts Down Operations

Digital asset wallet-draining platform, Inferno Drainer has closed shop after helping bad actors drain millions from several cryptocurrency platforms. In a recent Telegram post, the firm announced an end to its operations citing a need to move on after helping several malicious actors pull...

, by David Pokima

New Ethereum L2 Protocol Blast Faces Scrutiny as Paradigm Raises Concerns – Here’s What You Need to Know

Source: Adobe / lumerb Blast, the newly announced Ethereum (ETH) layer-2 scaling network led by the founder of top NFT marketplace Blur, has faced some controversy despite gaining notable traction. For one, Paradigm, a prominent venture capital firm in the crypto space, has outlined...

, by Ruholamin Haqshanas

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