Vaibhavv Ali
As of December 13, 2024, former U.S. President Donald Trump’s crypto portfolio has experienced a remarkable surge, reaching an impressive $16.77 million. Data from Arkham Intelligence, a blockchain analytics platform, reveals that Trump’s holdings jumped by $6.78 million in just one day, raising eyebrows in both the cryptocurrency and political worlds. However, before jumping to … Read more
Ethena Labs is gearing up for the launch of its innovative synthetic stablecoin, USDe, on December 16, 2024. Even before its official debut, USDe has generated significant buzz, boasting an impressive market capitalization of $5.73 billion. Unlike traditional stablecoins like USDT and USDC, which primarily serve as transactional tools, USDe is designed to generate yield … Read more
Bitcoin and Ethereum exchange-traded funds (ETFs) continued their impressive run, marking their 11th and 15th consecutive days of inflows, respectively. This surge in investor interest injected a combined $871.2 million into the US ETF market. Leading the charge was BlackRock’s Bitcoin ETF, “IBIT,” which witnessed a massive inflow of $431.6 million. Closely following was Grayscale’s … Read more
Coinbase has announced the delisting of six stablecoins, including Tether’s USDT, from its European platforms, effective December 13th. This move is intended to ensure compliance with the Markets in Crypto-Assets (MiCA) regulation, which comes into full effect by the end of the month. The delisted stablecoins include USDT, PAX, PYUSD, GUSD, GYEN, and DAI. However, … Read more
A crypto user has reported losing approximately $2.5 million in digital assets, including 10 Bitcoin and $1.5 million worth of NFTs, from a Ledger Nano S hardware wallet. The user, known as @anchor_drops on X, claimed the assets were stolen despite securely storing the seed phrase offline and not signing any malicious transactions. The incident … Read more
The Bank of England’s Prudential Regulation Authority (PRA) has announced that it will require businesses to disclose their current and future exposure to cryptocurrency by next March, as part of efforts to monitor financial stability and shape future policy. This move comes amid growing interest in cryptoassets, with firms increasingly integrating digital currencies into their … Read more
Ripple Labs has taken a significant step forward in the development of its stablecoin, RLUSD, after receiving approval from the New York Department of Financial Services (NYDFS). The company recently minted over 13 million RLUSD tokens across both the XRP Ledger and the Ethereum Network, marking a crucial phase in its mainnet testing. Minting … Read more
As President-elect Donald Trump prepares for his term, his team is exploring a bold and controversial idea: eliminating federal agencies like the Federal Deposit Insurance Corporation (FDIC). This move has sparked a fierce debate about the future of America’s financial system and the role of government regulation in ensuring stability. While Trump’s plan promises to … Read more
Bithumb, a leading South Korean cryptocurrency exchange, has today announced the official listing of Scroll (SCR) and Ronin (RON) with KRW trading pairs. Scroll (SCR) is a highly anticipated Ethereum zk Layer 2 network, known for its enhanced scalability and improved transaction speeds. Ronin (RON), developed by Sky Mavis, the creators of the popular blockchain … Read more
A significant development in the crypto space has emerged with the news that a Spanish bank has strategically allocated 2% of its managed assets to the SIX-listed Bitwise Aptos Staking ETP (APTB). This move signifies a crucial shift in the perception of cryptocurrencies within the traditional banking sector, demonstrating their acceptance as viable assets for … Read more