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- Here’s what happened in crypto today
Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.
- Estonian court nixes extradition of accused crypto scammers to US
Ivan Turogin and Sergei Potapenko are suspected in a $575 million fraud case, but they can’t be exposed to U.S. detention conditions.
- US Deputy Treasury Secretary calls for additional tools to sanction crypto firms
Wally Adeyemo cited a recent settlement with crypto exchange Binance and sanctions against crypto mixer Sinbad in calling for an expansion of the U.S. Treasury’s authority.
- Why is the crypto market down today?
The crypto market is down today as regulatory enforcement against the sector reaches a head and short-sellers jockey for the lead in liquidations.
- Square Enix auction dates, Azuki DAO rebrands to Bean: Nifty Newsletter
Game developer Square Enix announced the auction dates for NFTs of its upcoming blockchain game Symbiogenesis.
- U.S. Treasury Campaigning for Amplified Powers to Chase Crypto Overseas
The U.S. Department of the Treasury is pressing lawmakers for a new set of powers that would give the government unprecedented enforcement and sanctions authority over the crypto sector, including the ability to roam well beyond American borders and get involved with transactions that don't involve its citizenry.
- ‘A Politician Masquerading as a Regulator’ – 3 Takeaways From Fortune's Gary Gensler Profile
An in-depth magazine story about the SEC chair reveals the breadth of the man’s ambition and the limitations of his record.
- The Protocol: It's Crypto Spring, as Smart Contract Platform Index Jumps Most in 10 Months
Digital-asset markets are heating up, especially for blockchain tokens. In this week's Protocol issue, we highlight November's 19% jump in the CoinDesk Smart Contract Platforms Index (SMT), the biggest gain in 10 months.
- Binance Will Cease Support for Its BUSD Stablecoin on Dec. 15
Binance said it will end support for its BUSD stablecoin on Dec. 15, following the exchange's August announcement that it would “gradually” do so after Paxos, the company that actually issued it, was ordered to stop minting the coin in February.
- IOTA Jumps 43% After Registering Ecosystem Foundation in Abu Dhabi
Native token of the Iota ecosystem [IOTA] jumped 35% Wednesday on news about registering a development foundation in Abu Dhabi.
- Jack Dorsey Aims to Create Anti-Censorship Bitcoin Mining Pool With New Startup
The startup said it created "only non-custodial" mining pool where miners get the new bitcoin block reward for mining directly from the network.
- Bankrupt Crypto Lender Celsius Reopens Withdrawals for Certain Custody Clients
The now-inoperative crypto lending firm Celsius has announced the opening of withdrawals for select “Eligible Custody Users,” as declared in a recent statement on Wednesday. These custody account holders now have the opportunity to withdraw approximately 72% of their cryptocurrency assets, with the deadline set for February 28, 2024. Celsius Announces Limited Withdrawal Window for
- Northern Data Subsidiary Bolsters AI Capabilities With $362 Million Nvidia GPU Investment
On Wednesday, Northern Data Group, headquartered in Frankfurt and specializing in bitcoin mining, disclosed that its subsidiary, Taiga Cloud, has secured a significant acquisition of about 8,200 Nvidia H100 Tensor Core Graphics Processing Units (GPUs). These newly acquired units will complement Northern Data’s current collection of artificial intelligence (AI)-oriented hardware, following their previous acquisition of
- ZKSpace Unveils Major Development: Expansion into BRC20 and Initial Plan for 2.0 Tokenomics Trilogy
PRESS RELEASE. ZKSpace has recently announced two significant developments: its expansion into the BRC20 ecosystem and the unveiling of its Tokenomics 2.0 Trilogy. Expansion into the BRC20 Ecosystem: Background: Following the BTC network’s Taproot upgrade, the BRC20 ecosystem has gained traction in the cryptocurrency domain. ZKSpace is now pivoting towards this ecosystem to meet growing
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- Application Open for Next Billion Fellowship Cohort 4
Decades from now, there will be many stories to tell about the early days of Ethereum. We will remenisce about how a peculiar and powerful technology began to change the landscape of trust on the internet. Some will remember being skeptical, while others may claim to have known all along...
- Beyond Borders - Unveiling Potential of Blockchain in a Crisis
Crisis is a cruel teacher. It can draw us together in our shared fragility, but paradoxically it can also distance us from our shared humanity. In times of great crisis, the institutions and structures of society that are supposed to protect and support us may become twisted, corrupted, or rendered...
- Update 2 - Preparing for Devconnect Events
Last week, we posted an advisory update on recent events and potential travel considerations related to Devconnect. Safety is our first and primary consideration now, and we are closely monitoring the situation, including working closely with local security providers, law enforcement, and external risk advisory partners to understand and...
- Secured #6 - Writing Robust C - Best Practices for Finding and Preventing Vulnerabilities
For EIP-4844, Ethereum clients need the ability to compute and verify KZG commitments. Rather than each client rolling their own crypto, researchers and developers came together to write c-kzg-4844, a relatively small C library with bindings for higher-level languages. The idea was to create a robust and efficient cryptographic library...
- Update - Advisory on recent events and potential travel considerations
Over the last weeks, we have been closely monitoring the security and safety in Istanbul. In particular, we have been focused on how events in Israel and the Gaza Strip may impact attendee safety. We try to assess risk whenever we host an event. In the case of Devconnect...
- Ethereum.org Translatathon Recap
Ethereum.org is an educational website and portal to Ethereum - for many people, it is their first contact with Ethereum, the place where they find their first wallet or dapp to use, and their go-to resource to start learning or level up their knowledge. To best serve this purpose,...
Ethereum World News
- Luna Foundation Acquires An Additional 37.8k Bitcoin Worth $1.5B, Bringing its Total Holdings to 80,394 BTC
Summary: The Luna Foundation Guard has bought an additional 37,863 Bitcoin worth $1.5 billion The purchase is in line with Do Kwon’s goal of backing UST with digital asset reserves worth $10 billion The Luna Foundation Guard now holds 80,394 BTC The Luna Foundation Guard has acquired an additional 37,863 Bitcoin worth $1.5 billion to further back its popular stablecoin of UST. The recent purchase of Bitcoin was carried out in two transactions: $1 billion with Genesis Trading and $500
- Bitmex’s Arthur Hayes Requests Leniency, No Jail Time for Violating the US Bank Secrecy Act
Quick take: Bitmex’s founder and former CEO, Arthur Hayes, has requested leniency from the judge handling his court case Mr. Hayes is requesting no jail time and permission to live abroad and travel freely His lawyers have also asked for probation with no home detention or community confinement Arthur Hayes had struck a plea deal that would result in a prison sentence of 6 to 12 months The founder of Bitmex and former CEO, Arthur Hayes, is requesting leniency from
- Lido Finance with $19.1B in TVL, Edges out Curve as the Largest DeFi Protocol
Summary: Lido Finance has surpassed Curve finance to become the largest DeFi protocol in terms of total value locked Approximately $19.1 billion is locked on Lido Finance compared to Curve’s $19 billion Lido Finance is available on the blockchain networks of Ethereum, Solana, Terra, Kusama, and Polygon. Earlier today, Lido Finance became the largest DeFi protocol in terms of total value locked, edging out Curve Finance from the top spot in the process. At the time of writing, the total
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