December 20, 2023 – Victoria, Seychelles Bitget, the world’s leading cryptocurrency exchange and Web 3.0 company, is thrilled to announce the exclusive initial listing of OVAL3 (OVL3), the world’s first rugby Web 3.0 game token. This marks another milestone in Bitget’s commitment to bringing unique and groundbreaking projects to its platform. OVL3 stands at the …
Monthly archives: December 2023
Bybit extends proof-of-reserves to include 32 digital assets
Dubai-based Bybit, the world’s third-largest crypto exchange by volume, set a new benchmark in the cryptocurrency market with its latest proof-of-reserves (PoR) attestation, which has been expanded to cover 32 cryptocurrencies, according to a Dec. 20 press release. The report aims to show customers that Bybit has fully backed all their assets within its sophisticated …
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Small investors increase Bitcoin holdings amid ETF anticipation
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Ledger pledges full compensation for victims of $600k ConnectKit exploit
Hardware wallet provider Ledger has announced it will fully reimburse users impacted by the vulnerability that compromised its ConnectKit library last week. Additionally, the firm promised to disable blind signing—a process where users approve transactions without verifying their content—on its devices for Ethereum virtual machine (EVM)-compatible decentralized applications (dApps) by June 2024. $600k stolen In a …
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Bitcoin briefly surges past $44,000, $50 million liquidated in an hour
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Celsius sold off $250 million in ETH and other assets in 30 days
Bankrupt cryptocurrency lender Celsius has sold off $250 million worth of digital assets, including Ethereum, in the last 30 days, according to on-chain data. Crypto sleuth Apes_Prologue reported that Ether accounted for $243 million, or 97%, of the bankrupt firm’s selling activities during the period. Separately, blockchain analytical firm Peckshield confirmed that the defunct lender transferred …
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Trump NFT collection takes hit after Colorado ballot removal
The Colorado Supreme Court’s removal of former U.S. President Donald Trump from the state 2024 ballot has impacted the floor prices of his NFT collections. Data from OpenSea shows that the former President’s Collection Series 1 tanked by 11% to 0.1505 ETH, or $333, following the news. The collection’s market capitalization is approximately $15 million as of …
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Bitcoin mining fees eclipse standard block rewards in market shift
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Biggest Opportunities in Crypto Will Only Last for Several More Years, Says Analyst Jamie Coutts – Here’s Why
Former Bloomberg Intelligence analyst Jamie Coutts thinks the current crypto market parallels the US stock market in the early 1900s. Coutts, who now works as a freelance blockchain strategist, tells his 9,738 followers on the social media platform X that the comparison means the biggest opportunities in crypto won’t last forever. “This unique environment offers …
Crypto Analyst Says Bitcoin (BTC) Just Flashed Rare Bullish Signal That Has ‘Never Missed’
A widely followed crypto analyst says that Bitcoin (BTC) is flashing one historically rare and accurate bullish signal. Pseudonymous crypto strategist TechDev tells his 424,500 followers on the social media platform X that the Vortex Indicator (VI) is once again signaling the start of a Bitcoin bull market. The VI is used in technical analysis …
Elizabeth Warren’s ‘Anti-Crypto Army’ Is Going Nowhere – For Now – According To Chamber of Digital Commerce CEO
A crypto bill sponsored by US Senator Elizabeth Warren is primed to die on the vine, according to the founder of a blockchain trade association. In a new interview with Peter McCormack, Perianne Boring, the founder and CEO of the Chamber of Digital Commerce, outlines her predictions for Warren’s (D-Massachusetts) Digital Asset Anti-Money Laundering Act. …
American Bankers Association influenced Warren’s contentious crypto bill
U.S. Senator Roger Marshall revealed that the American Bankers Association assisted him and Senator Elizabeth Warren in formulating the contentious Digital Asset Anti-Money Laundering Act that has drawn steep criticism from the cryptocurrency community. The Senator made this admission during a Dec. 7 speech delivered at the Parliamentary Intelligence-Security Forum, saying: “When Senator Warren presented that …
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Bitcoin soars 160% in 2023 with US traders leading the charge
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Ireland grants Ripple VASP license, bolstering its European presence
The Central Bank of Ireland (CBI) has licensed Ripple’s Irish subsidiary, Ripple Markets Ireland Limited, as a registered Virtual Asset Service Provider (VASP), according to a Dec. 19 statement. Per the information on the CBI website, a registered VASP can facilitate the transfer of digital assets between various addresses or accounts on behalf of an …
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$30,000,000,000,000 Floodgates Will Open for Bitcoin Upon Approval of Spot BTC ETFs: Grayscale CEO
Grayscale CEO Michael Sonnenshein believes that a deluge of capital will flow into Bitcoin (BTC) once the U.S. Securities and Exchange Commission (SEC) greenlights a spot market BTC exchange-traded fund (ETF). In a new CNBC Television interview, Sonnenshein says the approval of spot Bitcoin ETF applications will open up the opportunity for a group of investors …