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February 2024

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.