February 2024
Genesis proposes US$1.6 bln asset sale amid bankruptcy
Genesis, in bankruptcy, seeks court approval to sell Bitcoin and Ether trust assets worth US$1.6 billion.
OPNX exchange to cease operations
OPNX, founded by Su Zhu, ceases operations due to FTX estate’s recovery claims.
US charges trio in FTX crypto exchange hack
The mystery of the FTX hack unfolds as the DOJ charges three unnamed suspects for the US$400 million theft in November 2022.
Bybit eyes Hong Kong license: crypto expansion plans
Crypto derivatives exchange Bybit seeks to enter Hong Kong’s market with a new license application.
Celsius Network’s US$3 bln repayment begins
Celsius Network starts repaying $3 billion to creditors, marking a step towards resolving its bankruptcy.
USDT issuer Tether pockets US$2.85 bln in profits in Q4 2023
Tether reports a record US$2.85 billion profit last quarter as its USDT soars towards US$100 billion market cap
US$112 mln XRP theft hits Ripple’s Larsen
Ripple’s Chris Larsen loses $112M in XRP to hackers in a recent security breach.
FTX expects to repay customers, no exchange relaunch
FTX plans to repay customers amid bankruptcy proceedings, rules out exchange relaunch.
BNB Chain highlights DeFi, gaming and AI in 2024 roadmap
The “One BNB Paradigm” aims to streamline BNB Chain’s ecosystem, focusing on DeFi, gaming, and AI.
January 2024
OpenSea open for acquisition amid NFT market shifts: report
Non-fungible tokens (NFT) marketplace OpenSea is reportedly considering acquisition proposals. According to DL News, OpenSea Chief Executive Officer Devin Finzer said the firm has not ruled out the possibility of selling the company, and indicated a willingness to engage with interested parties. ”We think that if the right partnership comes along, then that’s something we […]
Transak streamlines crypto conversions with Visa Direct integration
Transak integrates with Visa Direct to simplify crypto-to-fiat transactions globally.
Solana-based GameStop meme coin gains traction after retailer pulls plug on crypto
A GME-themed meme coin, not affiliated with the video game retailer GameStop, is replicating the company’s meme stock frenzy on the Solana blockchain.
Floki Inu staking halted in Hong Kong after SFC warning
Floki Inu suspends its staking program in Hong Kong following regulatory warnings.
Solana’s Jupiter trading volume skyrockets ahead of JUP airdrop
Jupiter Exchange experiences a trading boom as the Solana community awaits the upcoming JUP airdrop.
Hong Kong sees first spot Bitcoin ETF application
Hong Kong could welcome its first spot Bitcoin ETF, courtesy of Harvest Global’s recent filing.
Classic Doom revived on Dogecoin network
Gamers can now play Doom directly on the Dogecoin blockchain, merging nostalgia with modern tech.
Algorand CEO’s social media account hit by hackers
Algorand community warned as CEO’s social media falls prey to hackers.
Swan Bitcoin debuts mining operations ahead of IPO
Swan Bitcoin steps into mining ahead of halving as it prepares for a stock market debut.
Investors lost 54.3% less crypto in 2023, Chainalysis says
The total value of stolen crypto decreased last year but the number of individual hacking incidents grew.
SEC postpones verdict on Grayscale’s spot Ether ETF
Ether ETF hopefuls on hold as SEC postpones decision.
JPMorgan downgrades Coinbase to underweight
Analysts at JPMorgan slash Coinbase rating to underweight, questioning ETF impact.
Mt. Gox confirms addresses for BTC repayment plan
Long-awaited Bitcoin repayments closer as Mt. Gox confirms creditor addresses.
Dogecoin soars to weekly peak amid X Payments buzz
Speculative X Payments chatter triggers Dogecoin’s sharp rise.
Terraform Labs Seeks U.S. bankruptcy shield
Do Kwon-founded Terraform Labs files for Chapter 11 bankruptcy in the U.S.
US, UK, Australia target Hamas-linked crypto networks
Allied nations impose sanctions on entities allegedly aiding Hamas’ crypto transactions.
SEC delays Fidelity’s Ethereum ETF decision
Fidelity’s bid for a spot Ethereum ETF hits a snag as SEC delays decision.
Polygon’s MATIC stirs as US$26 mln moved to exchanges
Celsius Network’s move of US$26 million in MATIC to exchanges raises eyebrows amid market volatility.
Bitcoin mining’s green mile: 54.5% sustainable energy use
Bitcoin mining now more eco-friendly than ever, reaching a 54.5% sustainable energy usage.
Bitcoin spot ETFs break US$10 bln trading barrier
Investors flock to Bitcoin spot ETFs, pushing trading volumes past the US$10 billion milestone.
Solana to launch second crypto smartphone
Solana Mobile hints at second smartphone following surprise success of Saga.
HashKey joins unicorn club after US$100 mln raise
HashKey Group achieves unicorn status following a US$100 million funding round, reaching a US$1.2 billion valuation.
Petro cryptocurrency era ends in Venezuela
The controversial Petro cryptocurrency is now defunct as Venezuela pulls the plug.
USDT rises as money laundering tool in SEA, UN says
A UN report reveals USDT’s growing role in money laundering and underground banking in Southeast Asia
CoinShares acquires Valkyrie expands ETF offerings
With the acquisition of Valkyrie Funds, CoinShares aims to strengthen its position in the competitive ETF market.
Ethereum ETFs gain support from BlackRock’s CEO
Support from BlackRock CEO Larry Fink boosts prospects for Ethereum ETFs.
Ethereum outperforms Bitcoin despite ETF debut
Ether’s price rises sharply, contrasting with Bitcoin’s stagnant performance despite recent ETF launches.
Bitfinity valued at US$130 mln ahead of launch
With its recent US$7 million funding, Bitfinity wants to enhance Bitcoin’s utility in DeFi and NFTs.
Hedera, Algorand unite for wallet recovery
The DeRec Alliance, involving HBAR and Algorand Foundations, aims to solve digital asset recovery challenges with a new protocol.
Spot Bitcoin ETFs launch in U.S. markets
Grayscale and BlackRock’s ETFs lead a bullish debut for newly listed Bitcoin ETFs.
USDC issuer Circle attempts public listing again: report
With the filing for an IPO, Circle aims to capitalize on the growing interest in crypto assets, despite recent industry setbacks.
Musk’s social media X halts NFT hexagon avatars
Social media platform X, under Elon Musk, quietly removes NFT profile picture feature, aligning with broader tech industry trends.
Crypto milestone: SEC approves spot Bitcoin ETFs
SEC’s landmark decision approves 11 Bitcoin ETFs, heralding a new era for digital asset investments.
Ripple to be valued at US$11.3 bln following share repurchase
Ripple Labs’ tender offer aims to repurchase US$285 million shares, valuing the firm at US$11.3 billion and fortifying financial standing.
Restey immortalizes Gensler’s tweet on the Bitcoin blockchain
Billy Restey inscribes SEC’s Gensler tweet on Bitcoin blockchain, ensuring clarity after a false ETF approval claim rattles the crypto market.
Apple removes Binance, KuCoin apps in India
Major crypto exchanges vanish from Apple’s App Store in India, adhering to FIU mandates.
SEC decision looms: Cboe pushes for Bitcoin ETFs
Cboe appeals to SEC for fast-tracking Bitcoin ETFs.
SEC’s cybersecurity in question after ETF tweet blunder
Following a misleading tweet about Bitcoin ETFs, Senators Vance and Tillis demand answers from the SEC regarding its cybersecurity measures.
Valkyrie CIO eyes US$400 mln inflow in the first week of Bitcoin ETF launch: The Block
Steven McClurg says Valkyrie Investments may be poised for a historic ETF launch this week, with the potential to inject up to US$400 million into the market.
Bitcoin ETF applicants make swift amendments to filings following SEC’s response
Imminent SEC decision on Bitcoin ETFs could mark a watershed moment for crypto, spearheaded by industry giants BlackRock and VanEck, reshaping the investment world.
BNB Chain Fusion may unify BEP-2 and BEP-20 by 2024
BNB Chain’s merger plans aims for a seamless and secure blockchain by April 2024
Upbit Singapore secures coveted MPI license
Upbit joins 15 other crypto firms permitted to provide digital payment token services in Singapore.
SEC’s Gensler warns of crypto risks amid Bitcoin ETF buzz
SEC Chair Gary Gensler cautions about cryptocurrency volatility, highlighting investor protection concerns, as his agency nears a decision on spot Bitcoin ETF applications.