The cryptocurrency sector has been rife with legal battles and financial turmoil, and the latest episode involves Celsius Network, a bankrupt crypto lender, appealing a ruling that disallowed its substantial claim against the collapsed exchange, FTX. Filed on December 31, this appeal marks an escalating clash between two companies that were once key players in
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The recent initiative presented to the Swiss Federal Chancellery marks a significant departure in the ongoing discourse surrounding cryptocurrency and traditional financial systems. Registered on December 31, a group of ten Bitcoin proponents, notable figures among them including Giw Zanganeh, Tether’s vice president of energy and mining, and Yves Bennaîm, the founder of the Swiss
The world of gaming is on the brink of a transformation, with the rise of Web3 gaming set to make waves in early 2025. This new era promises players the opportunity to genuinely own their virtual assets, a shift brought about by the integration of blockchain technology and non-fungible tokens (NFTs). Unlike traditional gaming models
As we approach the final months of the halving year, the expected seasonality that historically revitalizes Bitcoin’s market seems to be losing steam. Traditionally, this period is characterized by increased buying from investors, yet recent trends indicate a notable slowdown in acquisitions. A significant decline in U.S. investor sentiment reflects a broader apprehension within the
The implementation of the Markets in Crypto-Assets Regulation (MiCA) marks a significant development in the landscape of digital asset regulation within the European Union (EU). This regulatory framework aims to establish a comprehensive policy environment that addresses the full spectrum of crypto assets, enhancing legal certainty and promoting financial stability. By instituting a uniform regulatory
In a significant development for the cryptocurrency landscape, Binance, the preeminent global exchange in terms of trading volume, has secured approval from the Central Bank of Brazil to acquire Sim;paul, a licensed broker-dealer. This move not only marks Binance as the first cryptocurrency exchange in Brazil to obtain such a license but also reflects the
Shiba Inu, once viewed as a mere novelty within the vast realm of cryptocurrencies, has demonstrated remarkable resilience and growth over the past year. The meme-inspired coin, which started with an astronomical total supply of one quadrillion tokens, has undergone significant changes since its inception. Initially, Shiba Inu allocated half of its tokens to the
Ethereum’s journey in 2024 has been characterized by a notable lack of momentum. Despite recording a modest 47% growth, it has struggled to break past the $4,000 threshold and establish any new price peaks. This decline becomes even more apparent when juxtaposed with Bitcoin’s explosive performance, which exceeded 120% and achieved a remarkable six-figure all-time
In an extraordinary display of support for the developers of Tornado Cash, Ethereum co-founder Vitalik Buterin has donated 50 ETH—approximately valued at $170,000—to assist Roman Storm and Alexey Pertsev as they navigate a precarious legal landscape. This substantial contribution, announced through a post on the platform X by the Juicebox project dedicated to their cause,
In the ever-evolving landscape of cryptocurrencies, few tokens have captured as much attention as Ripple’s XRP. Not only has it been a pivotal player in the cross-border payment ecosystem, but its significant price movements in recent months also warrant scrutiny. The recent surge in XRP’s value raises a host of questions regarding the currency’s future,
