January 2024 | Page 3 of 122 | Last Cryptocurrency News Feed

JUP Token Soars After Massive $700M Jupiter Airdrop to Solana Wallets

One of the biggest token airdrops ever on the Solana (SOL) blockchain appeared to execute largely without major issues Wednesday with the chain staying upright as Jupiter started distributing roughly $700 million worth of its JUP token to nearly a million wallets.The token itself began climbing in price immediately after its debut at 10 a.m.

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From Speculation to Fundamentals: A New Paradigm for Crypto Markets

As crypto networks and protocols mature, trusted, real-time on-chain data now give market participants a view into the cash flows, active users, user retention, value locked, transaction volumes, and developer activity across a growing set of crypto protocols and applications.With this comes a new way to research and invest in crypto assets — by leveraging

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How the Launch of Spot ETFs Could Dampen Bitcoin’s Volatility

One of the critical ingredients for Bitcoin’s success has been the emergence of new trading infrastructure and investment wrappers that open access to new investors. This trend is now in overdrive with the recent launch of spot BTC ETFs.Beyond the circles of liquidity providers and trading desks, we haven’t quite appreciated how these monumental changes

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Worldcoin Project Faces Scrutiny Over Iris Recognition Registration in Hong Kong: Report

Worldcoin’s legal problems are far from over. Spearheaded by OpenAI, Sam Altman’s Worldcoin initiative continues to find itself embroiled in a privacy controversy as reports emerge of a probe launched by Hong Kong’s data protection authority. HKET, a local media outlet, disclosed that six Worldcoin booths were subjected to investigation under a court warrant, with

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130-Year-Old German Bank Partners With Bitcoin Consulting Firm for Innovative Offerings

Today, Volksbank Raiffeisenbank Bayern Mitte eG, a Bavarian cooperative bank with an ~130-year history, has entered into a long-term partnership with terahash.energy GmbH, according to a press release sent to Bitcoin Magazine. The Ingolstadt-based cooperative bank and the young startup, terahash, will collaborate on promoting topics related to Bitcoin and develop new offerings.“We are expanding

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Chris Dixon Talks Techno-Optimism, Permissionless Innovation and the Need for Crypto

There is a growing divide between techno-optimists and pessimists. Growing up I vaguely remember a public debate between bible thumpers and people who wanted evolution taught in school. The same sort of argument is playing out in a number of different ways today — a media “Techlash” vs. Silicon Valley, humanists vs. nerds, progressivism vs.

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FTX Expects to Fully Repay Customers but Won’t Restart Defunct Crypto Exchange

10 Years of Decentralizing the FutureMay 29-31, 2024 - Austin, TexasThe biggest and most established global hub for everything crypto, blockchain and Web3.Register NowFTX, the bankrupt cryptocurrency exchange that was run by Sam Bankman-Fried, said it expects to fully repay its customers, according to a court hearing.The defunct exchange has also abandoned its efforts to

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Tether Reports Record $2.85B Profit as Biggest Stablecoin Nears $100B Market Cap

Stablecoin issuer Tether reported a "record-breaking" $2.85 billion of profits last quarter as its flagship token USDT neared a $100 billion market capitalization.The latest quarterly attestation reported Wednesday showed some $1 billion of the profit came from the interest earned on the company's vast U.S. Treasury, reverse repo and money market fund investments, which are

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Global X Pulls Out of Spot Bitcoin ETF Application

Global X, one of the former contenders for a spot bitcoin exchange-traded fund (ETF), has withdrawn its application, according to a Jan 30 notice from Cboe BZX Exchange, which could have listed the fund.The filing shows that Cboe BZX Exchange is withdrawing its proposed rule change to list and trade shares of what would’ve been

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Labour Wants UK to Be a Securities Tokenization Hub and Advance Digital Pound Work

The U.K.'s opposition party, Labour, said it wants the country to be a tokenization hub, bringing in more liquidity to financial markets.It also wants to promote the Bank of England's work on the digital pound.An election is expected this year, and the party is leading the incumbent Conservatives in the polls.The U.K.'s opposition Labour party