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U.S., South Korea, Japan Discuss North Korean Crypto Thefts in Trilateral Meeting

U.S. National Security Advisor Jake Sullivan, Republic of Korea National Security Advisor Cho Tae-Yong and Japan National Security Advisor Takeo Akiba met in Seoul, South Korea to discuss various issues, including the Democratic People’s Republic of Korea (DPRK, the official name for North Korea) and its ongoing weapons of mass destruction program, a White House…

India Unlikely to See a Crypto or Web3 Bill for 18 Months, Senior Lawmaker Jayant Sinha Reveals

“In India where we have capital controls when you can’t freely trade the rupee for us to enable crypto assets is not really feasible,” Sinha said. “Unlike other economies like Singapore, or Korea or the US that have freely tradable currencies, and can get into crypto with a lot less trepidation. As far as India…

Cathie Wood’s ARK Sells Another $24.3M of Coinbase (COIN) Shares

The sale of 180,422 shares would have brought in $24.3 million at the closing price of $134.63. They rose as high as $147.86 on Tuesday. The sales took place from the Innovation (ARKK), Next Generation Internet (ARKW) and Fintech Innovation (ARKF) exchange-traded funds (ETFs), according to an emailed statement. Source link

Bitcoin’s (BTC) Famed Bull Market Pullbacks Have Been Elusive. Here’s Why

Derivatives are usually leveraged instruments, allowing traders to take bullish (long) or bearish (short) positions worth more than the amount they have deposited as a margin at the exchange. Leverage is a double-edged sword, magnifying both profits and losses. It also exposes traders to liquidations, or forced unwinding, due to margin shortfalls. Furthermore, mass liquidations…

Deloitte Taps Polkadot Blockchain Kilt to Provide Digital Shipping Logistics for Hapag Lloyd

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Bitcoin Price’s (BTC) Next Move Might Depend on Interest Rate Outlook

Economists are expecting Friday’s report to show a job gain of 185,000 in November, with the unemployment rate flat from October at 3.9%. A sizable miss to the downside is likely to reinforce bets about lower interest rates and might provide the fuel for bitcoin’s run to $50,000. The flip side, however – jobs added…

Crypto Provisions Dropped From 2023 U.S. Defense Bill

Two crypto provisions addressing anti-money-laundering concerns were dropped from a joint version of the National Defense Authorization Act, a military-funding bill viewed as must-pass legislation, ending a backdoor effort to get digital-asset rules passed this year in the U.S. Source link

Craig Wright’s Tulip Trading Must Prove Ownership of Bitcoin in Hacking Case vs BTC Developers, English Court Rules

“Mr. Wright now not only needs to prove that he owns the bitcoin for the claim to proceed, he must also pay security for the developers’ costs of doing so,” Timothy Elliss, a partner at Enyo Law, which represents most of the defendants, said in an email. Source link

Jito's Token Launch Pushed Competitor Marinade's MNDE to All-Time Highs

Marinade’s market cap is dwarfed by Jito, though, despite being a bigger crypto ecosystem. Source link