In Europe, the environmental footprint of banknotes is minuscule compared to crypto’s, but crypto has advantages of its own. The European Central Bank (ECB) has taken a look at the environmental impact of using banknotes. It discovered 16 environmental impact categories. As with cryptocurrency, energy efficiency was a major issue. Banknotes continue to be the...Continue Reading

Bitcoin bulls expectations of $50,000 and higher remain feasible according to BTC futures and options markets. Bitcoin (BTC) price continues to trade below its 2023 high, a sign that investors may have underestimated the strength of the $44,000 resistance. Even as BTC price trades below $42,000, it doesn’t necessarily mean that reaching $50,000 and beyond...Continue Reading

Avalanche’s market cap has grown by 340% since October, and AVAX price has followed. AVAX, the native token of the Avalanche ecosystem has surprised the market, posting double-digit gains amid a drawback in the wider crypto space. AVAX token smashed through the $40 barrier on Dec.12 to reach an intra-day high of $43. At the...Continue Reading

“Never surrender!” the former U.S. President wrote. Former 45th U.S. President Donald Trump is launching a third nonfungible tokens (NFT) drop center around the theme of his ongoing criminal indictments. According to the December 12 announcement, dubbed “MugShot,” the trading cards are purchasable via either credit card or Wrapped Ether (wETH) and are not transferrable...Continue Reading

The cases included investigations into the Silk Road marketplace, OneCoin, Oyster Protocol founder “Bruno Block,” and a money laundering scheme using Bitcoin kiosks. The criminal investigation unit of the United States Internal Revenue Service (IRS) has listed four crypto-related cases among the top ten of its “most prominent and high-profile investigations” in 2023. In a...Continue Reading

The producer of the S&P 500 assessed eight stablecoins. Tether received the second-lowest rating. S&P Global has launched a stablecoin stability assessment. In its initial ratings of the eight stablecoins, none were given the top mark, but two received the lowest, based on their ability to maintain their fiat pegs. According to a statement, to...Continue Reading

Defendants David Gilbert Saffron and Vincent Anthony Mazzotta Jr. allegedly solicited users’ deposits for investment and used them for lavish personal expenditures. The United States Department of Justice (DOJ) has indicted two individuals for allegedly operating a $25-million artificial intelligence (AI) crypto-trading Ponzi scheme. According to the Dec. 12 announcement, Australian national David Gilbert Saffron...Continue Reading

The Terraform Labs co-founder had been awaiting extradition to either the U.S. or South Korea after serving a prison sentence in Montenegro for using falsified travel documents. Terraform Labs co-founder Do Kwon, expected to be extradited to the United States to face criminal charges, will reportedly stay in Montenegrin custody until February. According to a...Continue Reading

Celestia will become an option for data availability within the Polygon CDK software. The Celestia network will integrate with Polygon’s chain development kit (CDK) sometime “early next year,” according to a Dec. 11 announcement. The integration will provide an “easily-pluggable component” for Polygon-based networks to use Celestia for data availability. The announcement claimed that transaction...Continue Reading

Minnesota Representative Dean Phillips was the sole Democratic presidential candidate to address the Crypto Presidential Forum after Republicans Vivek Ramaswamy and Asa Hutchinson. Dean Phillips, a member of the United States House of Representatives running against Joe Biden for the Democratic nomination in the 2024 Presidential Election, said there are currently “very few” people in...Continue Reading