Worksport plans to dedicate up to 10% of its surplus operational cash to purchase Bitcoin and XRP. Shares of United States manufacturer Worksport (WKSP) surged 9.1% on Dec. 5 after the company decided to incorporate Bitcoin and XRP into its treasury strategy.  According to an announcement, Worksport plans to allocate up to 10% of any...Continue Reading

In the latest round of the SEC suit against Binance, Binance.US and CZ, the agency has largely repeated itself in a form more acceptable to the court. The United States Securities and Exchange Commission (SEC) has responded to a motion for the dismissal of its amended suit against cryptocurrency exchanges Binance and Binance.US and former...Continue Reading

Asia’s MicroStrategy Meitu has sold all of its 940 Bitcoin and 31K ETH while Sth. Korea looks to legalize corporate crypto buys. Asia Express Chinese selfie app developer Meitu has cashed out all of its cryptocurrency holdings, earning an approximate 80% profit. The company began selling its crypto assets in November. In a Dec. 4...Continue Reading

Executives from Bitwise, Ripple, and Coinbase voiced their support for former SEC commissioner Paul Atkins to lead the agency after Gary Gensler’s departure. Many executives representing high-profile cryptocurrency companies in the United States have weighed in on President-elect Donald Trump’s pick for the next chair of the Securities and Exchange Commission (SEC), and the feedback...Continue Reading

It is the first US bank to facilitate liquid Ether staking, and it is focusing on institutions. Anchorage Digital has become the first United States federally chartered bank to support liquid Ether (ETH) staking, it said on Dec. 5.  The cryptocurrency bank has added support for Liquid Collective’s Liquid Staked ETH (LsETH), a liquid staking...Continue Reading

MicroStrategy’s Bitcoin treasury is worth more than $40 billion after BTC surpassed $100,000 per coin. MicroStrategy’s (MSTR) Bitcoin (BTC) buying spree has earned more than $17 billion in unrealized profits, according to data from MSTR Tracker. Originally a software company, MicroStrategy has bought upward of $23 billion worth of BTC since 2020 as part of...Continue Reading

Hashed co-founder Ryan Sungho Kim spoke to Cointelegraph at India Blockchain Week about the effect of the attention economy on memecoins. One of the co-founders and partners of South Korea-based venture fund Hashed said attention will be one of the “currencies” to watch in the future, citing examples from the political climate in the United...Continue Reading

N1 is purported to process 100,000 transactions per second, placing it among the fastest blockchains. Peter Thiel-backed blockchain technology firm Layer N has announced a full pivot to “N1,” a new proprietary blockchain purportedly capable of “hyperfast” transactions and aiming to implement traditional tech coding languages such as Typescript, Rust and C. Now known as...Continue Reading

Aptos wants to address the scalability limitations of other blockchains, co-founder and chief technology officer Avery Ching said at India Blockchain Week 2024. Innovation is going to happen a lot faster than most people think, and Aptos is impatient to get moving, co-founder and chief technology officer Avery Ching told Cointelegraph’s Arijit Sarkar at India Blockchain Week...Continue Reading

Innovation hubs can advance Ethereum’s ecosystem, cultivating community-driven development and addressing the challenges of transitioning to sustainable blockchain projects. Opinion by: Ellie Li, core steward at the Ethereum Collective Foundation (ECF). When Vitalik Buterin introduced the concept of a “popup city” through Zuzalu, it wasn’t just an experiment in transient living — it was a...Continue Reading