BlackRock updates its Bitcoin ETF application to enable banks, demand for El Salvador’s crypto-linked citizenship, and Sam Bankman-Fried’s attorney interview. BlackRock has revised its spot Bitcoin exchange-traded fund (ETF) application to make it easier for Wall Street banks to participate by creating new shares in the fund with cash rather than just crypto. The new...Continue Reading

At least 13 Mutant Ape Yacht Club and 37 Bored Ape tokens were stolen, along with VeeFriends and World of Women tokens. The losses amount to almost $3 million. Peer-to-peer trading platform NFT Trader suffered a security breach on Dec. 16, allowing hackers to steal millions of dollars worth of nonfungible tokens (NFTs).  NFT Trader...Continue Reading

Tether has reacted to lawmakers’ requests for DOJ action over its stablecoin use, claiming it wants to be a “world class partner to the U.S.” Tether, the company behind the stablecoin Tether (USDT), disclosed letters directed to U.S. legislators, addressing requests for intervention by the Department of Justice in relation to the illicit use of...Continue Reading

Javier Milei, also known as “El Loco,” has proposed dissolving Argentina’s central bank and envisions a society in which contracts will replace governments. Argentina welcomed a new president on Dec. 10, pledging profound economic reforms in the country, including the dissolution of the central bank along with a number of other measures aimed at reducing...Continue Reading

Vesting in crypto refers to the scheduled release of tokens or assets over a predetermined period, often used to incentivize holders. The process of locking down cryptocurrency tokens or coins for a predetermined amount of time before allowing the tokenholder to fully access or transfer them is known as crypto vesting. It is commonly used...Continue Reading

XRP holder’s lawyer, John Deaton, stated that the SEC’s stance in the Coinbase rulemaking dispute directly opposes the SEC Chairman’s statements during his congressional testimony earlier this year. In the ongoing legal dispute between Coinbase Global Inc. and the U.S. Securities and Exchange Commission (SEC), the XRP holder’s lawyer, John Deaton, has accused the SEC’s...Continue Reading

Stuart Alderoty predicts the possible resolution of Ripple’s SEC lawsuit in 2024 and lawmakers on Capitol Hill agreeing on the need for crypto regulations. Ripple’s Chief Legal Officer, Stuart Alderoty, has shared insights on the future of the cryptocurrency landscape, specifically in 2024. He discussed predictions about Ripple’s legal dispute with the Securities and Exchange...Continue Reading

The asset management firm declares that the Grayscale Bitcoin Trust (GBTC) falls under the grantor trust structure for tax considerations. Grayscale is evaluating the possible tax consequences associated with spot Bitcoin (BTC) exchange-trade funds (ETF), following inaccurate reports circulating about unfavorable tax implications. In a series of posts on X (formerly Twitter), Grayscale clarifie that...Continue Reading

Several Taiwanese residents were reportedly using the decentralized betting platform Polymarket, the same platform that saw record-breaking trading volumes during the 2020 United States election. With the Taiwan presidential election looming within a month, residents of Taiwan have been reportedly warned against using cryptocurrency betting platforms to wager on the presidential outcome. This advice comes...Continue Reading