Editor's Choice
Telegram deleted 15.4 million groups and channels with content related to fraud and terrorism in 2024, enhancing moderation with AI after Durov's arrest 🚫
Telegram deleted 15.4 million groups and channels related to fraud and terrorism in 2024. This is part of efforts to improve moderation on the platform, strengthened with AI. Moderation increased after the arrest of Telegram founder Pavel Durov in France in August, who faces charges of spreading dangerous content through the app.
Bitget is considering establishing a regional hub in Lithuania to comply with the MiCA regulation, expand its presence in Europe, and hire regulatory compliance specialists 🏢
Bitget is considering establishing a regional hub in Lithuania to comply with the MiCA regulation and strengthen its position in Europe. The exchange is already operating with licenses in several EU countries and is seeking approval in 15 other countries. The new hub will focus on hiring specialists to ensure regulatory compliance. Successfully meeting MiCA standards could give Bitget a competitive advantage in the market, especially amid the growing opportunities for crypto startups in the EU.
BiT Global has sued Coinbase for 1 billion dollars, accusing the company of unfair competition after removing the wBTC token to promote its cbBTC product ⚖️
BiT Global has filed a lawsuit against Coinbase for over 1 billion dollars, accusing the company of unfair practices after removing the wBTC token from its platform to promote its own product, cbBTC. The lawsuit claims that this decision harmed the market and undermined users' trust in wBTC. BiT Global seeks compensation for damages and an injunction to prevent further harmful actions.
AMP Ltd. invested 27 million US dollars in bitcoin, the first step of the Australian pension fund towards digital assets with an investment share of 0.05 percent of the company's assets 📈
Australian pension fund AMP Ltd. invested 27 million US dollars in bitcoin, becoming one of the first in the country to invest in digital assets. This investment represents 0.05 percent of the company's assets. According to management, this is a step towards adapting to the growing crypto asset market. Despite bitcoin's volatility and regulators' caution, AMP intends to closely monitor risks.
Victim of a phishing attack: Ledger user lost 10 bitcoins worth $1 million and NFTs worth $1.5 million, the hacker waited 3 years to withdraw the funds 🚨
Ripple issued 13.9 million stablecoins RLUSD on the XRP Ledger and Ethereum after NYDFS approval, backing them with U.S. Treasury bonds and preparing for integration into DeFi 🚀
The court found the participants of the fraudulent Icomtech scheme guilty of misappropriating clients' funds, ordered them to pay more than $1 million, and banned them from trading digital assets 🚫
BlackRock and Fidelity bought Ethereum worth 500 million US dollars in 48 hours. The ETHA and FETH funds attracted 372 million and 103 million US dollars, respectively 🚀
Coinbase announced the removal of stablecoins Tether USD, Pax Dollar, PayPal USD, Gemini Dollar, GYEN, and Dai from European platforms starting December 13, 2024, due to new MiCA requirements 🚫
SEC threatens Elon Musk with multiple charges and resumes investigation into Neuralink over neurochip safety, demanding him to sign a settlement agreement within 48 hours 🚨
Ukraine plans to legalize cryptocurrencies by the beginning of 2025 with taxation on profits from operations when converting to fiat currencies, without tax incentives, and with a focus on financial stability 📊
CMB has blocked access to the MEXC cryptocurrency exchange in Turkey due to the lack of a branch in the country and non-compliance with local cryptocurrency regulations 🛑
The U.S. Supreme Court rejected Nvidia's appeal in the securities case related to allegations of concealing the dependence of sales on the volatile cryptocurrency mining market in 2018, allowing the case to proceed ⚖️
The U.S. Supreme Court rejected Nvidia's appeal in the securities case, allowing the lawsuit to proceed. The lawsuit was filed by the Swedish investment firm Ohman J:or Fonder, accusing Nvidia's management, including CEO Jensen Huang, of concealing the dependence of sales on the volatile cryptocurrency mining market. The case is related to events in 2018 when Nvidia reported a quarterly revenue decline and warned of potential future income drops. This caused the company's stock to drop by 28.5 percent over two trading days.
Meta donated $1 million to Donald Trump's inauguration fund after Zuckerberg's meeting with Trump at Mar-a-Lago, continuing to strengthen relations with the new administration 🤝
Meta donated $1 million to Donald Trump's inauguration fund, continuing Mark Zuckerberg's efforts to strengthen relations with the president-elect. The donation followed Zuckerberg's meeting with Trump at Mar-a-Lago, where they discussed Trump's election victory. Despite tense relations in the past, including Trump's account suspensions, Zuckerberg continues to seek ways to establish a constructive dialogue with the new administration.
Fireblocks opens an office in Tokyo to strengthen its position in Japan, supporting the growth of the cryptocurrency market and offering secure solutions using MPC and HSM technologies 🔐
Fireblocks has opened an office in Tokyo, strengthening its presence in Japan. The company provides secure digital asset solutions using MPC and HSM technologies. Japan, with its rapidly growing cryptocurrency market, is becoming a key region for Fireblocks. The Tokyo office will help the company develop strategic partnerships with financial institutions and Web3 companies, as well as offer personalized solutions for Japanese clients.
The Australian operator of the Kraken exchange was fined 8 million Australian dollars (5.1 million US dollars) for illegally providing margin trading without a license and violating consumer protection requirements ⚖️
The Australian Federal Court has ordered Bit Trade, the operator of the Kraken exchange, to pay a fine of 8 million Australian dollars ($5.1 million) for illegally offering margin trading. The company provided clients with access to leverage without a license and target market determination, which led to significant losses for users. ASIC emphasized the need to comply with regulatory requirements to protect investors.
Best news of the last 10 days
The World Liberty Financial project, supported by Donald Trump, purchased over $10 million in ETH and Ethereum tokens, increasing the total volume of ETH to 14,571, amounting to more than $56 million 💰
Ubisoft and Arbitrum Foundation announced the launch of the Web3 shooter *Captain Laserhawk: The G.A.M.E.* on December 18 with NFT integration and characters from *Far Cry*, *Assassin’s Creed*, and others 🕹️
FTX returned more than $14 million in political donations, including $6 million from the House Majority PAC and $3 million from the Senate Majority PAC, as well as funds from branches of the U.S. Democratic Party 💸
El Salvador and Argentina have signed a cooperation agreement on cryptocurrency regulation aimed at developing digital assets and innovations in Latin America 🌍
Tether announced the recognition of USD₮ as an accepted virtual asset in Abu Dhabi, opening new opportunities for digital finance in the UAE and reinforcing the region's leadership in the crypto industry 🚀
Tether announced that its stablecoin USD₮ has been granted the status of an accepted virtual asset in Abu Dhabi, allowing licensed companies to provide services using it. This strengthens the UAE's position as a leader in digital assets and contributes to the growth of the cryptocurrency and blockchain industry in the region. In recent years, there has been a rise in the adoption of cryptocurrencies in the UAE, with Abu Dhabi and Dubai becoming hubs for innovation in digital finance. The approval of USD₮ opens new opportunities for economic growth and digital transformation.
Coinbase's Diamond project integrates the Chainlink standard to enhance the security and compatibility of tokenized assets for institutional users in Abu Dhabi 🔗
Coinbase's Diamond project utilizes the Chainlink standard to support institutional users in Abu Dhabi. The Chainlink integration will help the project ensure secure and compliant management of tokenized assets. It will also improve handling of data such as market prices and AML/KYC information, as well as ensure compatibility across different blockchains. The project strengthens Chainlink's presence in the MENA region and contributes to the global spread of blockchain solutions.
Crypto.com has partnered with Deutsche Bank to provide corporate banking services in Singapore, Australia, and Hong Kong, with plans for expanding the collaboration 💼
Crypto.com announced that Deutsche Bank will begin providing corporate banking services to the company in Singapore, Australia, and Hong Kong. This will strengthen Crypto.com's position in the region, improving banking efficiency. Karl Mohan from Crypto.com emphasized the importance of the partnership with Deutsche Bank for security and regulatory compliance. Kriti Jain from Deutsche Bank added that the bank is pleased to support Crypto.com's long-term growth in the Asia-Pacific region.
Microsoft shareholders rejected a proposal for investments in Bitcoin, despite support from billionaire Michael Saylor, stating that the existing investment strategies are sufficient 💼
Shareholders of Microsoft rejected a proposal for investments in Bitcoin, put forward by a think tank. Billionaire Michael Saylor supported the idea, claiming that it would help the company increase its stock value and reduce risks. However, Microsoft's management stated that it already considers various investment options, including cryptocurrencies, and sees no need for additional assessment. The company emphasized that stability and predictability of investments remain a priority.