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Bitcoin
Kyberswap Exploit Fallout: Platform’s Workforce Cut by 50%
The CEO of Kyberswap, the decentralized finance aggregator, revealed on Christmas Day that the platform recently laid off 50% of its workforce. The CEO added his organization is in the process of creating a voluntary database that is…
Stock of Bitcoin’s Biggest Public Holder is Overvalued by 26%, Analyst Who Predicted BTC Rally…
Early investors in MSTR can consider taking profit as shares appear overvalued and could fall by 20%, according to 10x Research.
An In-Depth Look Into the 2023 Banking Crisis — 3 of the Largest Bank Failures in US History
The U.S. economy experienced an interesting year in 2023, marked by unprecedented upheaval within the American banking sector due to the combined collapse of three major banks, the largest the nation has historically seen. Amidst this…
Hong Kong Regulator Prepares to Approve In-Kind Spot Bitcoin ETFs
Hong Kong’s financial regulator has published rules for spot bitcoin exchange-traded fund (ETF) issuers, allowing the use of both cash and in-kind creation models. This approach contrasts with the U.S. Securities and Exchange…
Grayscale Adopts Cash Model for Spot Bitcoin ETF but Warns of ‘Adverse Consequences’
Grayscale Investments has adopted the cash creation model, instead of the in-kind model, for its proposed spot bitcoin exchange-traded fund (ETF). However, the crypto asset manager warned of adverse consequences. “A spot commodity…
Former SEC Official Warns Spot Bitcoin ETFs Will Create ‘Wall Street Fee-Sucking Scam of Epic…
The U.S. Securities and Exchange Commission’s former head of internet enforcement has warned that spot bitcoin exchange-traded funds (ETFs) “will create yet another Wall Street fee-sucking investor scam of epic proportions.” In…
Lavrov Highlights 30 Nations’ Interest in BRICS as China-Saudi Pact Poses Challenge to US Dollar
In a recent statement by Sergey Lavrov, Russia’s Foreign Affairs Minister, he noted that the BRICS bloc is set to expand in 2024 with new members including the United Arab Emirates (UAE), Iran, and Saudi Arabia. He revealed that…
Altcoin Fortunes Declined When Paired Against BTC in 2023 Despite Crypto Market Surge
Over the past year, bitcoin surged by 153%, with numerous other digital currencies also seeing substantial increases. Yet, assessing the top cryptocurrencies in relation to bitcoin’s performance, the annual shifts present a…
Solana’s Dex Platforms Eclipse Ethereum in Weekly Trade Volumes
Recent statistics reveal that in the last week, decentralized exchange (dex) platforms built on Solana have surpassed Ethereum in market performance. Data indicates that Solana-based dex platforms achieved a volume of $1.447 billion in the…
Bit.Store Makes a Leap in Crypto Accessibility with its Launch on Binance Mini Program
PRESS RELEASE. Vilnius, December 27th 2023 – Bit.Store, a web3 crypto card issuing infrastructure, is thrilled to announce its latest venture – the launch of Bit.Store on the Binance Mini Program. This strategic move marks a…