Kite AI introduces AI-driven layer-1 blockchain on Avalanche
Avalanche provides a scalable and transparent foundation for AI applications, which may bolster institutional AI adoption.
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Bitcoin buyers wait below $58K as Japan wipes out record stocks crash
Bitcoin appears in no mood to celebrate despite Japanese stocks fully recovering from a historic drop.

RFK Jr says he is suspending, not terminating presidential campaign
The US Independent presidential candidate said he would remove himself from the ballot in ten battleground states where he might be a “spoiler” for Harris or Trump.

Homeowner fails to sue insurer over $170K crypto theft in appeals court
A United States appeals court said a federal court was right to toss Ali Sedaghatpour’s lawsuit claiming that his insurer, Lemonade Insurance, should cover him for a crypto scam loss.

CoinMarketCap hack reportedly leaks 3.1 million user email addresses
3.1 million email addresses linked to CoinMarketCap accounts were reportedly being traded on hacking forums, according to Have I Been Pwned. 352 Total views 7 Total shares CoinMarketCap, a price-tracking website for cryptocurrencies, has reportedly fallen victim to a hack that leaked 3.1 million user email addresses. The information came into light after the hacked email…

Low users, sex predators kill Korean metaverses, 3AC sues Terra: Asia Express
Low user numbers and sex predator scandals are killing South Korean metaverses, 3AC sues Terra, Malaysian crypto kidnappings. Asia Express.

3 On-Chain Metrics Crypto Investors Use to Track Bitcoin Network Activity
The public nature of blockchains continuously generates an endless stream of data, as every single transaction and address leaves a clear trace. This information, known as on-chain data, provides a way to precisely analyze cryptocurrency network activity. Some on-chain indicators such as the number of active addresses, HODL wave, and hashrate have become well known in…

Basel Committee wants to limit banks’ digital asset exposure to just 1% of equity
Volatile cryptocurrencies such as Bitcoin would also be subjected to a 1,250% risk premium. 410 Total views 33 Total shares On Thursday, the Basel Committee on Banking Supervision suggested during its second consultation on the prudential treatment of crypto-asset exposures that banks limit their exposure to so-called Group 2 crypto assets to just 1% of their…

UN to Prevent Hong Kong Migrant Workers Exploitation with Blockchain
Blockchain financial services firm Diginex and the United Nations-led International Organization for Migration (IOM) jointly launched a blockchain tool aiming to prevent the exploitation of migrant workers in Hong Kong.According to a Diginex press release published on Dec. 16, the tool was designed to be used by about 1,500 Hong Kong-based migrant domestic worker recruitment…