In a pivotal reshuffle of its prestigious cryptocurrency indices, the Hong Kong Virtual Asset Consortium (HKVAC) has welcomed new digital currencies into its fold. The consortium, recognized for its rigorous evaluation of crypto markets, has made notable changes to its top-tier listings, reflecting the dynamic nature of the crypto world. Solana has ascended to the top 5 global […]

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The Google Play Store has delisted several prominent cryptocurrency exchanges, including Binance and KuCoin, in adherence to an official notice from India’s Financial Intelligence Unit (FIU). The directive, issued on December 28, 2023, targets exchanges operating without proper registration in India, demanding adherence to local financial reporting regulations. The FIU’s mandate requires exchanges serving Indian customers to register as reporting […]

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Venezuela is set to discontinue its petro cryptocurrency, a digital asset once heralded as a workaround to U.S. sanctions. The petro will officially cease operations on January 15, six years after its inception, as confirmed by recent reports. Launched in 2018 by President Nicolas Maduro, the petro aimed to bolster Venezuela’s economy, reeling from sanctions […]

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Wise Lending, a prominent player in the Web3 finance sector, has been stripped of assets totaling approximately $440,000. The breach, executed on January 12, involved an intricate flash loan attack, leveraging the digital currency Lido Staked Ether (stETH). At precisely 7:29 pm UTC, the security of Wise Lending was compromised via a flash loan—a form […]

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Coinbase, a leading digital currency exchange, has announced a significant partnership with Yellow Card, a prominent African financial service provider. This collaboration is set to revolutionize the way Coinbase users in Africa convert local currencies to and from crypto, with a special emphasis on the stablecoin, USD Coin (USDC). Key Benefits for African Users: The initiative […]

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In a historic move for the financial industry, U.S. markets witnessed the debut of Bitcoin ETFs with a bang, as trading volumes soared to $4.6 billion on their first day. This surge of activity came hot on the heels of the SEC’s landmark approval, signaling a potential shift in the investment landscape for cryptocurrencies. Among the front-runners, BlackRock’s iShares Bitcoin […]

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In a recent interactive session on Reddit, Ethereum’s co-founder Vitalik Buterin has put forward a proposal to boost the blockchain’s gas limit by 33%, a move that could significantly increase the network’s capacity for processing transactions. During the Ethereum Foundation research team’s AMA on January 10, Buterin highlighted that the gas limit—a cap on the amount of […]

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The U.S. Securities and Exchange Commission (SEC) has given the green light to the first set of Bitcoin exchange-traded funds (ETFs) for listing in the United States. This historic decision is expected to enhance Bitcoin’s attractiveness to a broader investor base. Leading investment firms such as BlackRock, Ark Investments/21Shares, Fidelity, Invesco, and VanEck are among the 11 recipients of […]

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Apple’s App Store in India has delisted several major cryptocurrency exchange applications, including Binance and KuCoin, following directives from the country’s finance authority. This step comes on the heels of the Financial Intelligence Unit’s (FIU) December directive, which flagged these platforms for non-compliance with local regulations. The FIU’s notice, issued on December 28, mandated that crypto exchanges serving Indian […]

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In a recent security incident, the U.S. Securities and Exchange Commission (SEC) swiftly addressed a breach of its social media presence, where a fraudulent announcement regarding the approval of Bitcoin ETFs momentarily stirred the market. The SEC clarified that its official account was momentarily infiltrated on Tuesday post-4 p.m. ET, leading to the spread of […]

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