Tether’s USDT added at least $20 billion to its market capitalization in 2023, while rival stablecoin USDC lost the same amount so far this year.
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Ripple exec reiterates need for tech-neutral crypto regulations
Navin Gupta, managing director of South Asia, Middle East and North Africa (MENA) at Ripple, told Cointelegraph that education and introducing non-speculative use cases can help crypto companies navigate through varying regulations.
Ripple exec reiterates need for tech-neutral crypto regulations
Navin Gupta, managing director of South Asia, Middle East and North Africa (MENA) at Ripple, told Cointelegraph that education and introducing non-speculative use cases can help crypto companies navigate through varying regulations.
Owner of Hong Kong crypto exchange OSL secures $90M investment
BC Technology Group, the operator of Hong Kong’s publicly listed crypto exchange OSL, has raised $90 million in subscriptions for new shares from BGX.
Swan Bitcoin to terminate customer accounts that use crypto-mixing services
Swan co-founder Yan Pritzker said the firm is pro-privacy and doesn’t oppose customers’ use of such services, but to work, it has to follow FinCEN regulations.
Swan Bitcoin to terminate customer accounts that use crypto-mixing services
Swan co-founder Yan Pritzker said the firm is pro-privacy and doesn’t oppose customers’ use of such services, but to work, it has to follow FinCEN regulations.
Swan Bitcoin to terminate customer accounts that use crypto-mixing services
Swan co-founder Yan Pritzker said the firm is pro-privacy and doesn’t oppose customers’ use of such services, but to work, it has to follow FinCEN regulations.
NFT sales volume upward trend to continue, industry execs say
CoinW executive Sonia Shaw told Cointelegraph that the recent uptick in NFT sales shows a “broader and more profound interest” extending beyond art.
Democratic Party of South Korea mandates parliamentary candidates disclose crypto holdings
The disclosure will be a part of the party’s effort to show the “high moral standards” of its candidates.
Democratic Party of South Korea mandates parliamentary candidates disclose crypto holdings
The disclosure will be a part of the party’s effort to show the “high moral standards” of its candidates.
Goldman Sachs leads $95M funding round for blockchain payment firm Fnality: Report
With $158 million of total capital raised since 2019, Fnality plans to launch the Sterling Fnality Payment System in 2023, subject to approval by the Bank of England.
Crypto is second most popular investment asset in France: Survey
The survey was conducted at the request of the Organisation for Economic Co-operation and Development in the spring of 2023.
Australia to impose capital gains tax on wrapped cryptocurrency tokens
Delivering a major hit to Australian crypto investors, the ATO stated that wrapping or unwrapping tokens — irrespective of their price at the time — will be subject to capital gains tax.
Crypto.com granted Dubai crypto license
The license is pending operational approval and allows Crypto.com’s Dubai entity to offer exchange, broker-dealer, and lending and borrowing services.
New figures show hardly anyone is using ERC-4337 smart accounts
Account abstraction advocate John Rising shared “sobering” figures concerning the adoption of ERC-4337 smart accounts.
New figures show hardly anyone is using ERC-4337 smart accounts
Account abstraction advocate John Rising shared “sobering” figures concerning the adoption of ERC-4337 smart accounts.
FTX Foundation staffer fights for $275K bonus promised by SBF
FTX Foundation employee Ross Rheingans-Yoo said he was not part of Sam Bankman-Fried’s “inner circle” and knew nothing about FTX’s fraud.
Elon Musk AI project-inspired memecoin ‘Grok’ falls 74% on creator scam claim
The price of a memecoin drawing its namesake from Elon Musk’s artificial intelligence project “Grok” plummeted over 70% after blockchain sleuth ZachXBT alleged the token’s social media account was recycled from a scam token project.
In a Nov. 13 X (formerly Twitter) post, ZachXBT shared screenshots showing various social media accounts and websites tied to the Grok (GROK) token were repurposed from old projects, including an abandoned memecoin project called ANDY, which has significantly declined from its all-time high.
In the five hours following ZachXBT’s post, memecoin enthusiasts watched as GROK plunged 74% from its all-time high of $0.027 to as low as $0.007. Its price has since retracted to $0.011, per DexTools data.
GROK’s price plunged more than 70% in five hours following ZachXBT’s allegations. Source: DexToolsIn a follow-up post, ZachXBT pointed to an Etherscan transaction showing GROK’s team sent roughly $1.7 million worth of the token to a burn address in a bid to reduce supply and restore confidence in the token.
The Grok developer burned 90 million GROK tokens after the token’s price plummeted. Source: EtherscanThe X account for the GROK token claimed in a Nov. 14 post that the development team had burned all of the tokens from the deployer address, some 180 million GROK worth roughly $2 million at current prices.
Elon Musk AI project-inspired memecoin ‘Grok’ falls 74% on creator scam claim
A memecoin drawing its name from the Grok AI project plummeted after allegations that its social media account was recycled from that of a former scam token.
First deadline window looms for SEC to approve Bitcoin ETFs: Law Decoded
Even if approved by Nov. 17, the spot Bitcoin ETFs are unlikely to come to market for at least a month after approval.