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December 6, 2024
Crypto lawyers said Haliey Welch and her team could face charges following the launch of her memecoin, but only if the relevant authorities take an interest. The disastrous launch of influencer Haliey Welch’s Hawk Tuah (HAWK) memecoin this week was marred by allegations of sniping and insider trading, with the token plunging 91% in just...
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Sky’s (formerly MakerDAO) use of externally owned accounts (EOAs) to manage $756 million in USDC reserves raises questions about security and transparency. Sky, formerly known as MakerDAO, is facing criticism for its reliance on an externally owned account (EOA) to manage $756 million in USD Coin reserves within its lite peg stability module (PSM). Concerns...
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CeFi and DeFi ecosystems do not need to be divided as regulation is well-positioned to help DEXs improve universal standards, the GRVT CEO said. Hybrid cryptocurrency exchange GRVT is the latest industry firm to secure regulatory approval from the Bermuda Monetary Authority (BMA). GRVT has obtained the Class Modified (M) Digital Asset Business License from...
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The transformative influence of Bitcoin on the global economy. Opinion by: Bader Kalooti, regional growth and operations lead (MENASAT) at Binance. We live in an extraordinary era of Web3 and blockchain technology. Despite being a relatively young industry, today’s mass adoption and enthusiasm surrounding digital assets is unprecedented. More people are getting involved and more...
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As crypto exchanges face regulatory challenges globally, Bitget chief operating officer Vugar Usi Zade emphasized compliance and innovation for sustainable growth. Cryptocurrency exchanges and the broader industry face increasing global regulatory pressure, with compliance measures ranging from user security to transparent operations. In India, challenges have emerged as its population steadily adopts cryptocurrencies and the...
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Discover how to swap tokens between Base and Solana using crosschain bridges or centralized exchanges for secure and efficient transfers. Like a causeway rising between two distant shores, Base-to-Solana token bridges have quickly emerged to meet modern interoperability needs.  By connecting these two chains, developers and users can tap into the best of both worlds....
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New US “crypto czar” David Sacks is very bullish on Solana and is among investors of SOL-related investment firm Multicoin Capital. Ex-PayPal exec David Sacks, the incoming “White House A.I. & Crypto Czar” named by United States President-elect Donald Trump, is a major Solana bull and a backer of the crypto investment firm Multicoin Capital....
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The cryptography firm is launching an Ethereum Virtual Machine coprocessor enabling full end-to-end encryption and private smart contracts. Cryptography company Zama has launched a tool called the fhEVM Coprocessor on Ethereum’s Sepolia testnet, which it says will allow developers to create confidential smart contracts on any blockchain. On Dec. 6, Zama announced that its fhEVM...
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Bitcoin versus global liquidity potentially paints a grim short-term picture for BTC price action. Bitcoin is on “borrowed time” as global liquidity conditions turn against crypto and risk assets, new analysis warned. In a thread on X on Dec. 6, Jamie Coutts, chief crypto analyst at investment firm Real Vision, delivered unwelcome news for Bitcoin...
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The BlackRock-issued iShares Bitcoin Trust is now backed by more than $48.9 billion worth of Bitcoin, blockchain data shows. Bitcoin-stacking firms BlackRock and MARA Holdings bought a combined 9,173 Bitcoin while an unknown whale scooped up 600 Bitcoin as the cryptocurrency’s price fell to $92,957 on Dec. 5. BlackRock bought a whopping 7,750 Bitcoin (BTC)...
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