Crypto News
Latest Crypto News
Elastos’ BeL2 Blockchain Looks to Offer Staking, Smart Contracts
BeL2 will allow more sophisticated bitcoin transactions than the base Bitcoin blockchain, including smart contracts and irreversible digital agreements, Elastos developers told CoinDesk. The smart contracts can be defined, managed, tracked and modified wholly on Bitcoin without needing an intermediary. Source link
Montenegro Court Cancels Do Kwon Extradition Appeal
The former CEO of Terra was arrested and sentenced to prison in Montenegro over charges of possessing falsified official documents. The U.S. and South Korea have requested his extradition to face criminal charges related to the collapse of his multi-billion dollar crypto enterprise Terraform Labs in May of 2022. Source link
Hacker Selling Access to Binance’s Law Enforcement Request Panel for $10K
InfoStealers, a publication covering the Darknet and data breaches, reported that three computers belonging to law enforcement officers from Taiwan, Uganda, and the Philippines were compromised in a global malware campaign in 2023, leading to stolen browser-stored credentials and unauthorized access to Binance’s login panel. Source link
Bitcoin (BTC) Nears $43,000 as Meme Coin Dreams on Solana, Avalanche Lead Altcoin Gains
“On the other hand, Tuesday’s peak is close to last Thursday’s, leaving Bitcoin inside the range. Average fees on the Bitcoin network topped $37, hitting a yearly high. The growth was fuelled by another wave of activity in the Ordinals segment, which increased demand for space in the blockchain, and thus increased BTC demand,” Kuptsikevich…
Cathie Wood’s ARK Sells $28M Grayscale Bitcoin Trust Shares
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What Prediction Markets Are Forecasting for Crypto in 2024
A big caveat here is that the trading volumes on these niche questions are small – in the thousands of dollars for each of the markets mentioned above. One reason may be that Polymarket is not allowed to serve U.S. residents under a settlement with the CFTC, excluding a broad swath of traders from the…
Metis, the Ethereum Layer 2 Where Vitalik Buterin’s Mom Works, Creates ‘Metis Ecosystem Development Fund’
The fund, called the Metis Ecosystem Development Fund (Metis EDF), will allocate 4.6 million METIS tokens, which will all go to “sequencer mining, retroactive funding, deployment of new projects and other endeavors,” according to a press release shared with CoinDesk. Source link
USDC Issuer Circle Brings Native EURC Stablecoin to the Solana (SOL) Ecosystem
“Users will be able to securely hold savings in euro without the need for a traditional bank account, offering a powerful tool for those looking to safeguard against local currency volatility or devaluation risks that afflict numerous regions globally,” said Rachel Mayer, vice president of product management at Circle. Source link
BlackRock Revises Spot Bitcoin ETF Proposal Ahead of Rumored SEC Approvals
Black Rock’s ETF proposal now includes cash redemptions, a concession to the SEC that may improve the fund’s approval odds. Source link
5 Predictions for Real World Assets in 2024
Tokenized finance took off this year. 2024 promises growth in new directions, say Collin Erickson and Mac Naggar of the RWA.xyz research team. Source link