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Coinbase Launches Spot Trading of Bitcoin and Ether Outside the U.S.

The move came at a time where regulators in the U.S. started to heavily crack down on crypto companies, including Coinbase itself, which was sued and is still under investigation by the Securities and Exchange Commission (SEC) for allegedly violating federal securities laws. The exchange has moved to dismiss those allegations. Source link

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Starknet, LayerZero, and More Fuel Crypto Rally with Token Releases

Loyal readers of The Protocol will recall our riff in last week’s issue, headlined “Bitcoin Censorship, or Just ‘Spam Filtering?‘” The gist of the story is that some Bitcoin purists are trying to keep the oldest and largest blockchain free from non-financial transactions – such as the text snippets and images that some people are…

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The Tether Killer? A True Stablecoin Would Enhance Banking and Crypto

The serious, potentially fatal flaw with a stablecoin like Tether is the potential for a “run on the bank.” Any stablecoin that invests in anything other than U.S. dollars in a bank account cannot assure its holders that they can redeem their stablecoin at any time, all at once, and receive 100% of the face…

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Anonymous Crypto Interests Bombard Key Senator Sherrod Brown With Political Ads

“SEC Chair Gary Gensler is protecting the big banks, stifling American innovation and willing to ship critical American technology and jobs to China,” according to the organization’s website. “Senator Sherrod Brown needs to use his power as Chair of the Senate Banking Committee to stand up to Gensler and fight for Ohio jobs.” Brown, who’s…

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FTX Bankruptcy Judge Takes Step to Shorten Timeline for Customers’ Recoveries

U.S. Judge John Dorsey, from the Delaware Bankruptcy Court, scheduled a hearing for early next year to calculate the crypto exchange’s debt to the IRS, a sticking point that has stagnated efforts to remunerate the exchange’s many victims. As FTX’s largest creditor, the IRS’ claim must be resolved before FTX victim’s can recover their losses….

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Bitcoin (BTC) Price Bounces, Coinbase (COIN), Marathon (MARA) Rallies on Dovish Fed

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Protocol Village: Immutable zkEVM Will Allow Developers to 'Abstract' Transaction Fees

The latest in blockchain tech upgrades, funding announcements and deals. For the period of Dec 14-Dec. 20, with live updates throughout. Source link

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U.S. CFTC Approves Bitcoin Futures Platform Bitnomial’s Derivatives Clearing Application

“Unlike other businesses that have attempted to disintermediate the brokerage industry, our FCM offers wholesale digital asset-related services and support to our brokerage partners, institutions, and dealers,” he said. “Now that the licensing process is complete, we can shift our focus to expanding Bitnomial’s product offering and customer base.” Source link

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Ethereum’s Vitalik Buterin Writes on ‘Enshrinement’ of ZkEVMs into Main $ETH Blockchain

Buterin’s comments come as ether (ETH), the native cryptocurrency of the Ethereum blockchain, has lagged behind tokens from rival blockchains as digital-asset markets rallied this year. Ether has climbed by 84%, while Solana’s SOL has jumped more than eight-fold in price and Avalanche’s AVAX has tripled. Bitcoin, the biggest cryptocurrency, has gained 153%. Source link

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