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SafeMoon Token Nosedives Following Chapter 7 Bankruptcy Filing
December 15, 2023
Decentralized finance protocol, SafeMoon's token (SFM) nosedived 31% within just five hours of the company filing for Chapter 7 bankruptcy. SafeMoon's bankruptcy documents were officially submitted on December 14 to …
Read moreSEC Chair Gensler Takes 'New Look' at Bitcoin ETFs after Grayscale Ruling
December 15, 2023
Chair of the U.S. Securities and Exchange Commission, Gary Gensler has commented on pending spot Bitcoin ETF applications during an interview on Dec. 14. Despite rejecting numerous applications in the …
Read moreLearn Concept: Impact of Protodanksharding on Ethereum
December 15, 2023
This lesson concept focuses on the impact of Protodanksharding on Ethereum, a significant upcoming upgrade to the Ethereum blockchain network. The upgrade introduces data blobs, which can hold more data …
Read moreGuilty Plea in First-Ever Smart Contract Fraud Conviction of $12M Solana DeFi Hacks
December 15, 2023
Shakeeb Ahmed, a software engineer, has pleaded guilty to two hacks of Solana DeFi applications, marking the first conviction for smart contract fraud, as confirmed by the United States Attorney …
Read moreGoogle's Alphabet Cuts Gemini AI Model Prices And Widens Access, While A Single Phishing Link Creates Crypto Chaos
December 14, 2023
Alphabet, the parent company of Google, has declared a significant reduction in the price of its pro version of AI model, Gemini. According to statements made on December 13, the …
Read moreBitcoin Accumulation Patterns Indicate Continued Bull Run, Suggest Key Indicators
December 14, 2023
New data closely examining Bitcoin's blockchain activity, miner flows, as well as the effect of Unspent Transaction Outputs (UTXOs) suggests an optimistic market sentiment with Bitcoin far from being overvalued. …
Read moreFour Individuals Indicted in $80 Million 'Pig Butchering' Crypto Scam
December 14, 2023
The US Department of Justice (DOJ) has announced indictments against four individuals in a massive cryptocurrency scam allegedly involving $80 million. The accused, Lu Zhang, Justin Walker, Joseph Wong, and …
Read moreCoinbase Adds New Memecoin as BTC ETF Milestone Approaches; New Cash Redemption Model Mandated for BTC ETF Applicants
December 14, 2023
Crypto trading platform Coinbase recently added a new memecoin, Bonk (BONK), to its list of tradable assets concurrent with its involvement in institutional Bitcoin ETF custody with BlackRock. In addition …
Read moreBasel Committee Proposes Maturity Limits for Stablecoin Reserve Assets
December 14, 2023
The Basel Committee on Banking Supervision, an international banking regulatory body, has suggested introducing new measures to limit the maturity of reserve assets backing stablecoins.The regulatory body, in its reevaluation …
Read moreEthereum Expected to Outperform Bitcoin by 2024 Says JPMorgan
December 14, 2023
Analysts at JPMorgan have anticipated Ethereum (ETH) to surpass Bitcoin (BTC) and other digital currencies in market price performance by 2024 due to the Ethereum's blockchain upcoming EIP-4844 upgrade, known …
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