The new CEO of Binance takes stock of the exchange’s future following a landmark $4.3 billion settlement with United States authorities in a one-on-one interview with Cointelegraph. “As part of the settlement, CZ cannot be involved in the day-to-day running of the company’s operations,” Richard Teng explains. Despite that, the incumbent CEO of Binance cuts...Continue Reading

Bitcoin’s recent rally toward $40,000 could further fuel traders’ bullish sentiment for KAS, RUNE, MNT and RNDR. Bitcoin (BTC) finally broke above the formidable resistance of $38,000 in the past week and marched closer to $40,000. The major tailwind for Bitcoin is the expectation that the United States Securities and Exchange Commission (SEC) will approve...Continue Reading

The Arbitrum community is expanding its grant program budget to over $70 million, supporting a total of 56 projects. The Arbitrum DAO has confirmed the disbursement of millions in extra tokens to fund all projects approved on its latest Short-Term Incentive Program (STIP), boosting its budget by $23.4 million. The proposal, voted by the Arbitrum...Continue Reading

The United Arab Emirates increasingly attracts Web3 companies to its jurisdictions, becoming the center of global crypto innovation. Behind the wave of companies moving or deploying initiatives in the UAE is regulation. The country has introduced regulatory frameworks for decentralized autonomous organizations (DAOs), virtual asset providers, metaverses and other Web3-related entities. By offering regulatory clarity...Continue Reading

Blockchain enhances daily healthcare by securing patient data, streamlining coordination and minimizing errors for efficient care delivery. The significance of blockchain in the daily healthcare routine Blockchain has the potential to revolutionize healthcare by preserving data integrity, fostering better teamwork, and increasing patient care — even in the face of ongoing difficulties with scale and...Continue Reading

Bitcoin beats out sellers to liquidate $60 million of shorts in two days, with BTC price acting just several hundred dollars from $40,000. Bitcoin (BTC) held closer to the $40,000 mark on Dec. BTC/USD 1-hour chart. Source: TradingView Bitcoin leaves $60 million in shorts hanging Data from Cointelegraph Markets Pro and TradingView tracked a fresh...Continue Reading

Following their most recent move, FTX and Alameda Research have transferred another significant amount of digital assets, amounting to an impressive $22 million. Blockchain analysis firm Lookonchain reported that cryptocurrency powerhouses FTX and Alameda Research are actively engaged in a substantial transfer of digital assets, amounting to an impressive $22 million. Following their bankruptcy declaration,...Continue Reading

LINK’s price is nearing an ascending triangle breakout scenario in December with bullish on-chain indicators strengthening the upside case. Chainlink (LINK) price has rebounded by over 240% from its yearly low of around $4.70 in June 2023. LINK price nears ascending triangle breakout LINK’s price has been consolidating inside what appears to be an ascending...Continue Reading

This move seeks to better synchronize GBTC’s shares with the real Bitcoin price and introduce a streamlined mechanism for investors to create or redeem shares effortlessly. Grayscale, a significant player in digital asset management, has expressed enthusiasm about the potential transformation of its Grayscale Bitcoin Trust (GBTC) into a Bitcoin ETF. The company’s chief legal...Continue Reading

Peter Szilagyi, Ethereum’s team lead, voiced dissatisfaction with his former university’s lack of enthusiasm in recommending students for collaboration with Ethereum. Peter Szilagyi, the team lead of Ethereum, has expressed frustration over his alma mater’s lack of interest in providing opportunities for students to collaborate with Ethereum (ETH). In a series of posts on X...Continue Reading