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The Latest Breaking News on Crypto

Shiba Ecosystem Shakes Off FUD, Crypto Winter; Destroys Billions Of SHIB In Elaborate Burning Streak

Shiba burns have been a hotly debated topic among the Shib Army as many believe that it could help push the value of the SHIB upward.

International Business Times

Tether's Letter To Lawmakers Reveals It 'Recently Onboarded' Secret Service On Its Platform

In October, Sen. Cynthia Lummis and Rep. French Hill urged Attorney General Merrick Garland "to carefully evaluate the extent to which Binance and Tether are providing material support and resources to support terrorism."

International Business Times

Shiba Ecosystem Trifecta SHIB, BONE, LEASH See Double-Digit 30-Day Surge Ahead Of Kusama's Year-End Announcement

The Shiba Ecosystem showcased its prowess in decentralized finance and the broader cryptocurrency industry this year by introducing a myriad of initiatives that Kusama described as major steps toward transforming the community into a truly decentralized one.

International Business Times

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VanEck CEO Makes Bullish Prediction, Sees Bitcoin Hitting A New All-Time High

Jan van Eck says he does not see another "internet store of value" that will surface and "leapfrog" Bitcoin.

International Business Times

Bitcoin scam: Hacker Sriki allegedly forced to transfer 150 to 170 bitcoins

Sources close to hacker Srikrishna Ramesh aka Sriki, which The Hindu spoke to, claimed the hacker was “forced” to transfer bitcoins that he had allegedly stolen from Bitfinex, while in custody in 2020 and 2021

The Hindu

PS5 APU-powered mining GPU hits eBay for $500 — a PS5 chip with two less CPU cores and half the memory that consumes around 90W

A pile of BC-250 GPUs, based on the APU used for the PS5, have arrived on eBay at a relatively low price.

Tom’s Hardware

Shiba Inu Prepares For 'Big Announcement' As Kusama Teases 'Year Ending Surprise' For Shib Army

Unfortunately, the pseudonymous lead developer suppressed details of this announcement, and only teased "next week we have a VERY big announcement."

International Business Times

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Bankrupt FTX And Celsius Move Multi-Million Dollars In ETH To Various Exchanges

The latest movements of ETH stashes by Celsius and FTX underscore the strategic reactions of both crypto businesses to the positive movement of the market.

International Business Times

QR Code Scams: What To Know Before You Scan That Little Box

Scammers are using these ubiquitous codes to steal your information, according to a new report.

Kiplinger

Bitwise Predicts Bitcoin To Surpass $80,000 Amid ETF Anticipation And DTCC Listing

Bitwise predicts Bitcoin to hit a record high surpassing $80,000 next year, crediting this surge to two main factors: the Bitcoin Halving event and the upcoming launch of a spot Bitcoin exchange-traded fund (ETF) in the U.S.

International Business Times

BlackRock Adjusts Bitcoin ETF Application For Wall Street Banks, Modifies Redemption Model

The details were presented by BlackRock to the officials at the U.S. Securities and Exchange Commission (SEC) late last month in its proposed "In-kind Redemption Prepay."

International Business Times

Ledger's Connector Library Breach Sparks Concerns For Ethereum Ecosystem

Apart from Ledger and Metamask, several other protocols, including Zapper, SushiSwap, Phantom, Balancer and Revoke.cash, were affected by the security incident.

International Business Times

Analyzing the December Potential of 3 Shipping Stocks

Despite the macroeconomic headwinds, the shipping industry is likely to perform steadily thanks to robust demand and global trade. Amid this, let’s analyze the fundamentals of shipping stocks FedEx (FDX), Danaos (DAC) and United Parcel Service (UPS) to determine whether these stocks are worth buying now.

StockNews.com

Bitcoin Enroute To $5M? 3 Conditions Predicted By Michael Saylor Nearly Met

The MicroStrategy co-founder made a bold prediction in the past saying the crypto asset would trade at $5 million and replace gold, and the conditions he enumerated are now nearly met.

International Business Times

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International Business Times

SHIB Sees Significant Gains As Shibarium Processes Over 100M Transactions

The latest achievement is also impressive considering that Shibarium broke through the 80 million threshold (total transactions processed) just a few days ago.

International Business Times

SEC's First Wave Of Bitcoin ETF Approval Hinted At In Invesco's Updated S-1 Form, Says Analyst

In its recent filing, the spot Bitcoin ETF registration underlined that it will only use cash creations in response to the SEC's instruction to use the cash redemption model.

The Guardian - AU

Morning Mail: Thousands lose millions in crypto schemes, Queensland cyclone aftermath, Bowen hails end of fossil fuels

Investors have lost millions of dollars to ‘pyramid scheme’; homes at risk after ex-Cyclone Jasper dumps 500mm of rain but weakens as it moves inland

International Business Times

Bitcoin Rebounds Above $41,000 With Fair Value Accounting Adoption

Recent accounting rule adoption allows crypto companies and private institutions holding crypto assets to record their tokens at fair value, with changes reflected in net income.

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The Guardian - AU

‘They are so convincing’: Vera Gazzard lost her life savings to HyperVerse

Australians who were convinced to put money into the Hyper group investment schemes say no one has been held to account for their losses

The Guardian - AU

Investors lose millions as crypto schemes operate unchecked in Australia

Exclusive: the New Zealand regulator has warned the schemes could be a ‘scam’ but they have escaped such scrutiny in Australia and thousands have lost money

International Business Times

CFTC Chair Claims Most Cryptocurrencies Are Commodities, Admits There's A 'Turf War' Going On Over Crypto

CFTC Chair Rostin Behnam says that "under existing law, many of the tokens constitute commodities."

StockNews.com

Riot Blockchain (RIOT) vs. Teradata (TDC) - What’s the Best Stock to Buy for December Gains?

Given the growing demand for tech services due to the digitalization of business processes across multiple end-use sectors and numerous technological advancements, the technology industry is thriving. Therefore, tech stocks Riot Blockchain (RIOT) and Teradata (TDC) are poised to benefit from the industry’s tailwinds. But which of these stocks is…

Latin Times

Amid Argentina's Currency Woes, Expert Santiago Siri Lauds the Potential of Bitcoin

Milei leans towards dollarization as a solution to address inflation; Santiago Siri says the new President is "missing a tremendous opportunity"

International Business Times

Bankman-Fried's Case 'Almost Impossible To Win,' SBF Is The 'Worst Witness,' Defense Counsel Admits

The 76-year-old legal expert also disclosed how Bankman-Fried made things all the more challenging when he went off the script during his testimony, eventually making his case "unwinnable."

International Business Times

Do Kwon's Montenegro Detention Extended Until February 2024 Amid US, South Korea's Extradition Requests

The decision was made after the U.S. and South Korea made extradition requests to prosecute the crypto entrepreneur on charges related to the collapse of the TerraUSD stablecoin.

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