United States Treasury Secretary Janet Yellen supposedly convinced Federal Reserve Chair Jerome Powell into killing the project, the former Meta executive said. Read More at https://cointelegraph.com/news/meta-failed-diem-blockchain-project-political-kill?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Monthly Archives: December 2024
Ripple's XRP token flips Solana's market capitalization
According to CoinMarketCap, Ripple’s native XRP token has a maximum supply of 100 billion and a circulating supply of roughly 57 billion. Read More at https://cointelegraph.com/news/ripple-xrp-flips-solana-market-capitalization?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin price move toward $100K0 opens doors for SHIB, FIL, MNT, AAVE
Bitcoin’s strength has pulled several altcoins higher, with SHIB, FIL, MNT, and AAVE showing promise in the near term. Read More at https://cointelegraph.com/news/bitcoin-price-move-toward-100-k0-opens-doors-for-shib-fil-mnt-aave?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Spectral Labs identifies Syntax vulnerability, pauses contracts
According to Immunefi, year-to-date losses from crypto hacks, exploits, and scams have topped $1.4 billion as of November 2024. Read More at https://cointelegraph.com/news/spectral-labs-identifies-syntax-platform-vulnerability-pauses-contracts?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin records 129% year-to-date gain seven months after halving
According to data from CryptQuant, there is currently less than 2.5 million Bitcoin available for purchase on digital asset exchanges. Read More at https://cointelegraph.com/news/bitcoin-records-129-gain-seven-months-after-halving?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin smashes records with biggest-ever $26K monthly BTC price gain
Bitcoin has nailed something never seen before — $26,400 BTC price upside in a single monthly candle. Read More at https://cointelegraph.com/news/bitcoin-26k-record-monthly-btc-price-gain?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Pump.fun weekly revenue drops 66% after livestream controversy
Pump.fun’s weekly revenue peaked at $33 million in November before dropping to $11 million the following week. Read More at https://cointelegraph.com/news/pump-fun-revenue-dropped-66-percent-backlash?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
NFTs hit $562M in monthly sales volumes, recording six-month high
NFTs had a monthly sales volume of over $562 million in November, surpassing October’s record of $356 million. Read More at https://cointelegraph.com/news/nft-monthly-sales-volume-562-million-november?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
South Korea’s Democratic Party agrees to delay crypto tax by 2 years
South Korea’s Democratic Party previously pushed back against another delay, saying it was a political trick by the ruling party. Read More at https://cointelegraph.com/news/south-korea-crypto-tax-delay-two-years-kdp?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
SEC sues Touzi Capital for allegedly defrauding over 1,200 crypto investors
The SEC claims Touzi Capital misled investors by stating their funds would finance crypto mining operations, but instead used them for unrelated expenses. Read More at https://cointelegraph.com/news/sec-touzi-capital-lawsuit-crypto-asset-mining-fund-allegations?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound