Sui expands its blockchain ecosystem with ESG backed RWA tokenization
Dec 13, 2024
Jeremy Parkinson
Cryptocurrency, No picture
Key Takeaways Sui partnered with Ant Digital Technologies to tokenize ESG-backed real-world assets on its blockchain platform. Sui’s integration of real world asset tokenization is expected to expand investor access and drive platform growth. Share this article Sui formed a strategic partnership with Ant Digital Technologies to tokenize ESG-backed real-world assets on its blockchain platform, […]
Ledger faces scrutiny after user claims $2.5M in Bitcoin, NFTs stolen
Dec 13, 2024
Jeremy Parkinson
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Key Takeaways A user reported losing $2.5 million in Bitcoin and NFTs due to a security breach on a Ledger Nano S. The incident has raised questions about Ledger’s security practices, prompting community scrutiny. Share this article Ledger’s security practices are under scrutiny after a crypto user reported losing approximately $2.5 million in digital assets […]
CHILLGUY creator Philip Banks’ account possibly compromised, granting IP rights to token team
Dec 12, 2024
Jeremy Parkinson
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Key Takeaways Philip Banks’ account may have been compromised after an unexpected tweet announcing IP rights to the ChillGuy token team. ChillGuy token surged by 30% after the tweet, but all gains were erased as speculation over the compromised account grew. Share this article Speculation has emerged that the CHILLGUY creator, Philip Banks, may have […]
Solana outpaces Ethereum in attracting new crypto developers in 2024
Dec 12, 2024
Jeremy Parkinson
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Key Takeaways Solana attracted 7,625 new developers in 2024, surpassing Ethereum for the first time since 2016. Asia became the leading continent for blockchain developers, with India contributing 17% of new crypto developers. Share this article Solana became the leading blockchain for new crypto developers in 2024, with an 83% increase, surpassing Ethereum, according to […]
Texas House proposes bill to establish Strategic Bitcoin Reserve
Dec 12, 2024
Jeremy Parkinson
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Key Takeaways Texas lawmakers proposed a bill to establish a state Bitcoin reserve for taxes, fees, and donations. The legislation aims to encourage Bitcoin miners to pay taxes using digital assets and hedge against inflation. Share this article Texas lawmakers introduced legislation Thursday to establish a Strategic Bitcoin Reserve that would allow the state to […]
Microsoft may be open to Ethereum ETF with staking, VanEck head of crypto research speculates
Dec 12, 2024
Jeremy Parkinson
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Key Takeaways Microsoft is potentially interested in exploring crypto investments like spot Ethereum ETFs with staking. Currently, US Ethereum ETFs lack staking features due to SEC regulatory concerns. Share this article Microsoft has rejected a Bitcoin investment proposal, but the company may be open to exploring other crypto investment opportunities. VanEck’s head of digital assets […]
Trump: ‘We’re going to do something great with crypto’ as he rings the NYSE bell
Dec 12, 2024
Jeremy Parkinson
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Key Takeaways Trump: ‘We’re going to do something great with crypto’ during NYSE bell-ringing. Trump claims US must double energy production to lead in AI during NYSE event. Share this article Donald Trump rang the opening bell at the New York Stock Exchange Thursday, celebrating his election victory and unveiling plans to cement the US’s […]
Avalanche secures $250M in funding round led by Galaxy Digital, Dragonfly, and ParaFi Capital
Dec 12, 2024
Jeremy Parkinson
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Key Takeaways Avalanche Foundation raised $250 million in a token sale led by Galaxy Digital, Dragonfly, and ParaFi Capital. Avalanche plans to launch ‘Avalanche9000’, reducing deployment costs with a subscription-based fee model. Share this article Avalanche Foundation has closed a $250 million funding round led by Galaxy Digital, Dragonfly, and ParaFi Capital, Forbes reported Thursday. […]
Australia’s big super fund allocates $27 million to Bitcoin: report
Dec 12, 2024
Jeremy Parkinson
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Key Takeaways AMP allocated $27 million to Bitcoin, marking Australia’s first super fund investment in the digital asset. The Bitcoin investment aims to enhance returns and manage risk as part of AMP’s diversification strategy. Share this article AMP has become Australia’s first superannuation fund to invest in Bitcoin. The company confirmed Thursday it had allocated […]
Mt. Gox-linked wallet moves over 2,300 BTC as Bitcoin reclaims $100K
Dec 12, 2024
Jeremy Parkinson
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Key Takeaways Mt. Gox moved over 2,300 BTC to an unidentified wallet, marking another significant transfer this month. The transfers coincide with the Bitcoin price hitting $100,000, amid potential Federal Reserve policy changes. Share this article A wallet linked to the defunct crypto exchange Mt. Gox moved 2,324 Bitcoin worth $234 million to an unidentified […]