7 Santas, 7 Grinches: The heroes and villains of 2024
From blockchain boosters to crypto critics, 2024 highlighted the champions and adversaries shaping the future of digital assets.
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Brazilian Crypto Exchange XDEX Announces Full Closure
Brazilian crypto exchange XDEX, which is owned by the largest stock broker in Latin America, announced the end of its activities. The company announced its closure on March 31:"Today, we announce that XDEX is starting the process of closing its activities. Market projection, competition and few regulatory advances reduced the opportunities found at the beginning…
US FinCEN Awards Secret Service For Seizing $22 M in Crypto
An investigation that involved several U.S. federal agencies led to the bust of the darknet operators and seizure of $22 M in cryptocurrency. 874 Total views 44 Total shares May 19, the Financial Crimes Enforcement Network (FinCEN) awarded several federal agencies in the United States, whose joint probe led to the seizure of $22 million…
Huobi Chain Blockchain Completes Planned Open Source Developer Rollout
Cryptocurrency exchange Huobi has open-sourced the development of its Huobi Chain blockchain, the company has confirmed.In a press release shared with Cointelegraph on Nov. 12, Huobi said that Huobi Chain, which it unveiled in June, was now available to any GitHub developer.Huobi encourages regulator involvementThe aim, it explains, is further interaction between developers and regulators,…
Arbitrum airdrop sells-off at listing, but traders remain bullish on ARB
ARB token sold-off upon listing at exchanges and some users reported a tech-issue laden claim experience, but the token could still follow the trajectory of previous airdrops. 278 Total views 1 Total shares Own this piece of history Collect this article as an NFTThe official Arbitrum airdrop page crashed right after the claiming process began…
Wall Street sounds AI bubble alarm — Will crypto AI projects survive?
After Black Monday, the stock market fears recession and Wall Street predicts an AI bubble burst, with Nvidia and tech stocks under pressure. Will crypto AI projects survive?
Almost 95% of Bitcoin Supply Flips Profitable as BTC Price Hits $11.4K
Profitability mimics the height of last year’s bull run, but the circumstances have changed beyond recognition in 2020. 1366 Total views 9 Total shares The vast majority of the Bitcoin (BTC) supply is now in profit after its price bull run to $11,400, data shows.Tracked by on-chain monitoring resource Glassnode, as of July 27, almost…
Grayscale files for new Ether Futures ETF: Official
Grayscale debuted its first two Ethereum futures contracts in 2021, and is now planning to launch the new Grayscale Ethereum Futures Trust ETF. 483 Total views 7 Total shares Digital currency investment company Grayscale is the latest firm to file for a new Ethereum futures’ exchange-traded fund (ETF) with the Securities and Exchange Commission (SEC).Grayscale
The shift from centralized exchanges to DEXs
Centralized exchanges have been the dominant force on the cryptocurrency landscape for over a decade, acting as the primary method of transferring value between blockchains and serving as a gateway into crypto for the masses. They have been instrumental in the early development of the nascent crypto sector, with many reaping substantial profits. Binance’s revenue,…