Turkey introduced new cryptocurrency regulations during the final week of 2024, inspired by positive regulatory developments in the world’s major jurisdictions, including Europe. Under the new regime, users executing transactions of more than 15,000 Turkish […]
Cryptocurrency hackers in 2024 surpassed the previous year’s achievements, stealing more than $2.3 billion worth of crypto from the Web3 ecosystem, a concerning sign for the industry’s mainstream acceptance. Crypto hacks saw a sharp uptick, […]
Securitize, the brokerage firm for the tokenized BlackRock US dollar Institutional Digital Liquidity Fund (BUIDL), has submitted a Frax improvement proposal to add BUIDL as backing collateral for the Frax USD stablecoin. According to the […]
Top Stories of The Week Hawk Tuah influencer speaks out after memecoin rug pull allegations Haliey Welch, the influencer behind the viral “Hawk Tuah” video clip, has released a statement after a memecoin bearing her […]
Restaking protocol EigenLayer’s slashing testnet went live on Dec. 20, with a mainnet launch pending approval of EigenLayer Improvement Protocol-002 (ELIP-002). The potential slashing upgrade will introduce Unique Stake Allocation for node operators and Operator […]
Stablecoins locked onto Ethereum layer-2 networks have reached a new all-time high, showcasing rising demand for cryptocurrencies. The stablecoin supply to all blockchains combined is dominated by Tether (USDT), USD Coin (USDC) and Ethena’s stablecoin, […]
Solana-based memecoin Fartcoin gained 113% over the past 30 days to briefly surpass a market capitalization of $1 billion on Dec. 18, despite most of the altcoin market suffering a double-digit slump on the day. […]
Crypto index fund manager Bitwise has launched a Solana staking exchange-traded product (ETP) in Europe with the stock ticker BSOL while it awaits registration approval in the United States for its Solana exchange-traded fund (ETF) […]
The United Kingdom’s Financial Conduct Authority (FCA) issued a warning about the Solana-based “Retardio” project, citing concerns over unauthorized financial promotions and activities targeting UK consumers. On Dec. 16, the FCA posted a warning against […]
A man posing as an Uber driver in Scottsdale, Arizona, was reportedly arrested after allegedly stealing a combined $300,000 of crypto from two unsuspecting passengers. According to a Dec. 12 report from Fox10 Phoenix, the […]
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