Terraform Labs’ near $4.5 billion settlement with the SEC has contributed to a record year for the agency’s financial penalties. Read More at https://cointelegraph.com/news/sec-record-high-fines-penalties-fy24-terraform-labs?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Author Archives: pdgweb
Crypto liquidations reach $470M as Bitcoin retraces, altcoins surge
Dogecoin, XRP, Stellar and Sandbox saw a larger liquidation share than usual as some top altcoins from the 2020-2021 cycle soared as high as 50%. Read More at https://cointelegraph.com/news/crypto-liquidations-470-million-bitcoin-falls?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Wrapped Bitcoin flash crashes to $5K on Binance exchange
Wrapped Bitcoin was launched in 2019 to give Bitcoin investors an option to use the asset in decentralized finance applications. Read More at https://cointelegraph.com/news/wrapped-bitcoin-flash-crashes-5-k-binance-exchange?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin price dip may spur buying spree in BNB, AVAX, NEAR and OKB
Bitcoin sellers take the upper hand as BTC struggles to rally to $100,000. What will altcoins do? Read More at https://cointelegraph.com/news/bitcoin-price-dip-may-spur-buying-spree-in-bnb-avax-near-and-okb?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Tether mints an additional $3 billion in USDt stablecoins
According to stablecoin firm Tether, over $134 billion USDt tokens are circulating across various blockchain protocols as of November 2024. Read More at https://cointelegraph.com/news/tether-mints-additional-3-billion-usdt-stablecoins?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Reserve Bank of India expanding cross-border payments platform
According to the Atlantic Council, 134 countries are currently exploring CBDCs in different phases — including every G20 country. Read More at https://cointelegraph.com/news/india-expanding-cbdc-cross-border-payments-platform?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin 'spoofing' drives BTC price to $97K amid record profit-taking
Bitcoin sellers, whether genuine or not, are refusing to allow a $100,000 BTC price milestone. Read More at https://cointelegraph.com/news/bitcoin-spoofing-btc-price-97-4-k-record-profit-taking?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
NFTs record $158M weekly sales volume, led by Ethereum, Bitcoin
November has already surpassed October’s total volume, continuing strong market momentum for NFTs. Read More at https://cointelegraph.com/news/nft-weekly-sales-volume-158-million?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Australia consults on adopting OECD crypto reporting framework
Australia’s Treasury seeks input on implementing the crypto-asset reporting framework within its domestic tax laws. Read More at https://cointelegraph.com/news/australia-consults-on-adopting-oecd-crypto-reporting-framework?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Cantor Fitzgerald agreed to acquire 5% stake in Tether up to $600M: Report
The report comes five days after Cantor Fitzgerald’s CEO Howard Lutnick was appointed as President-Elect Donald Trump’s Secretary of Commerce. Read More at https://cointelegraph.com/news/cantor-fitzgerald-agreed-to-acquire-5-percent-stake-in-tether-report?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound