Bitcoin’s Moon Shot No Cure for Crypto’s Regulatory Woes
Bitcoin’s surge past $60,000 has renewed crypto market optimism, but Hong Kong’s planned crackdown on small crypto shops illustrates the industry’s uneasy fit with regulation.
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Coinbase Users See Zero Balances Amid Bitcoin Surge and Abrupt Fall
Coinbase suffered tech problems like zero balances as Bitcoin hit $64K then dropped 4% in minutes; exchange said aware of errors amid high traffic.
Satoshi Nakamoto’s Emails Unveil Bitcoin’s 21 Million Cap
Satoshi Nakamoto’s emails unveil the reasoning behind capping Bitcoin at 21 million tokens, addressing scalability, pricing alignment with traditional currencies, investment, energy consumption, and anonymity concerns.
China Cracks Down on Blockchain Cybercrimes
The Supreme People’s Procuratorate of China is intensifying efforts to combat cybercrimes by targeting criminals using blockchain and metaverse projects, who are increasingly employing cryptocurrencies for money laundering.
Michael Saylor Plans to Keep Buying Bitcoin
MicroStrategy CEO Michael Saylor stands firm on holding Bitcoin, touting its technical superiority over traditional assets and anticipating ongoing capital inflow.
Australian Bitcoin Sentiment Grows with US ETF Approvals
Australian retail interest in Bitcoin grows with ETF approval, but uncertain economy hinders widespread adoption.
Crypto Veterans Sun and Ferrante Debut Trading Platform Backpack
Crypto exchange Backpack, founded by former FTX and Alameda Research executives, has started offering services to users in 11 U.S. states as it expands its presence in America.
Circle Ends USDC Support on Tron Blockchain
Circle has decided to stop minting and supporting its USD-backed stablecoin USDC on the Tron blockchain network, requiring institutional clients to transfer or redeem their USDC holdings by February 2025.
Winklevoss Twins Back Crypto Super PAC With $4.9M Donation
Tyler and Cameron Winklevoss have each contributed $2.45M to the Fairshake super PAC, which now has over $72M to support crypto-friendly candidates in the 2024 US elections.
Partisia Blockchain Airdrops 25M Tokens
Pioneering multiparty computation blockchain Partisia kicks off a generous 25 million token airdrop campaign in February 2024, introducing its network to potential users and advancing platform security.