Winners and losers of 2024: A year of all-time highs, hacks and hodling
Crypto lawyers, Bitcoin hodlers and memecoin entrepreneurs were some of the biggest winners of 2024.
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NFT marketplace bug undervalues tokens, helps exploiter nab $750,000
The NFT marketplace bug was reportedly discovered on Dec. 31, which showed transferred NFTs as listed on OpenSea. A bug in the front end of popular nonfungible token (NFT) marketplace OpenSea has reportedly led to an exploit allowing users to buy popular NFTs at their previous listing price.The bug seems to be prevalent with Bored…
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Grayscale’s BCH trust loses $1.6M in value as hard fork begins
Users have sent more than $300M BCH through exchanges since Nov. 1, while assets under management at the crypto fund manager's Bitcoin Cash Trust have decreased. 1471 Total views 15 Total shares The value of assets under management for crypto fund manager Grayscale Investments’ Bitcoin Cash Trust has fallen $1.6 million following the announcement that…
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Record $584M Litecoin futures open interest signals institutional inflow
Open interest on Litecoin futures hit a record $584 million, a signal that institutional investors like Bitwise and Grayscale Investments are interested in the altcoin. 131 Total views 1 Total shares Litecoin (LTC) might be 60% below its December 2017 all-time high at $420, but that hasn't stopped its futures contracts open interest from reaching…
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Coinbase Exec Says Capital Will Flee US Due to Crypto Tax Laws
Coinbase’s chief tax officer Lawrence Zlatkin says global customers are the future as non-U.S. jurisdictions are more open-minded. 434 Total views 8 Total shares Coinbase, the largest U.S. cryptocurrency exchange, believes other countries are much more open-minded in terms of crypto regulation and taxes than America..Lawrence Zlatkin, chief tax officer at Coinbase, shared the exchange’s…
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New York Times Trials Blockchain System to Combat Misleading Pictures
The New York Times has worked on a blockchain solution to combat misinformation, providing metadata on pictures found in social media. 680 Total views 27 Total shares The New York Times publication has revealed the successful completion of a trial for a new blockchain-based system to detect misinformation.According to a June 12 blog post, the…
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Judge dismisses proposed class-action suit alleging Coinbase securities sales
The decision did not address the question of whether the 79 tokens in questions were securities, but dismissed claims based on the Securities and Exchange Acts. 553 Total views 1 Total shares Own this piece of history Collect this article as an NFTA proposed class action suit against cryptocurrency exchange Coinbase, Coinbase Global and CEO…
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South Korea’s Delio declared bankrupt with $1.75B in assets lost
A creditors' meeting will be held in March, but their funds reportedly disappeared into the chaos of the FTX collapse.
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Financial Times issues ’apology’ to Bitcoiners after 13 years of criticism
The apology was wrapped in a “sorry, not sorry” tone as FT Alphaville’s city editor said the firm still stands by “every single one of those posts.”