Cryptocurrency exchange Binance racked up over $24 billion in inflows from user deposits so far in 2024, according to data from DefiLlama.In a blog post, Binance said that its inflows surpassed those of 10 other exchanges combined, attributing this g
Cryptocurrency exchange Binance has racked up over $24 billion in inflows from user deposits in 2024, according to data from DefiLlama.In a blog where Binance said its inflows were higher than 10 exchanges combined, Binance said the “growth aligns wi
A United States federal judge criticized the Federal Deposit Insurance Corporation (FDIC) for its redactions of crypto “pause letters” sent to banks, amid a Coinbase-backed Freedom of Information Act (FOIA) lawsuit.“The Court is concerned with what a
A United States federal judge has criticized the Federal Deposit Insurance Corporation (FDIC) for its redactions of crypto “pause” letters to banks in a Coinbase-backed Freedom of Information Act (FOIA) suit.“The Court is concerned with what appears
New developers flocked to the Solana ecosystem this year, overthrowing Ethereum’s eight-year reign as the top ecosystem for new developers.Still, Ethereum is number one globally in total developer activity.According to a Dec. 12 report from Electric
New developers flocked to the Solana ecosystem this year, overthrowing Ethereum’s eight-year reign as the top ecosystem for new developers.However, Ethereum is still number one globally in total developer activity.According to a Dec. 12 report from E
Bitcoin environmentalist Daniel Batten said a “single commentary” in 2018 by Alex de Vries, founder of Digiconomist, was the origin of “all junk science on Bitcoin’s environmental impact” since then. “We found patient zero,” Batten said in the Dec. 1
Bitcoin environmentalist Daniel Batten claims a “single commentary” in 2018 from Alex de Vries, the founder of Digiconomist, has been the cause of “all junk science on Bitcoin’s environmental impact” over the years. “We found patient zero,” Batten sa
President-elect Donald Trump has tapped pro-crypto businessman and former Securities and Exchange Commissioner Paul Atkins as the next chair of the regulatory agency under his administration, fulfilling his promise to replace current chair Gary Gensl
President-elect Donald Trump has tapped pro-crypto businessman and former SEC commissioner Paul Atkins as the next chair of the SEC under his administration, fulfilling his promise to replace current chair Gary Gensler, to the delight of the crypto i
Big Tech companies like Amazon have a large amount of cash on hand — $87 billion last year — which loses purchasing power as the currency evaluates. Washington DC-based think tank The National Center for Public Policy Research (NCPPR) has submitted s
Crypto-friendly Arkansas Representative French Hill, currently the chair of a digital asset subcommittee, will take over leadership of the United States House Financial Services Committee in next year’s new Congress.“I am humbled that my colleagues h
The Eigen Foundation announced that it will allocate 1% of the EIGEN token supply to the Protocol Guild — a group of core developers responsible for maintaining the Ethereum layer-1 blockchain.According to the Eigen Foundation, the funds will be used
Activist investor Starboard Value has taken a “significant position” in Bitcoin miner Riot Platforms, The Wall Street Journal said. The financial details were not reported, but the news gave Riot a boost in stock price.Looking to unlock Riot’s valueA
BlackRock, the world’s largest asset manager, said an up to 2% portfolio allocation is “reasonable” for investors who wish to hold Bitcoin , according to a Dec. 12 report.The report, which was shared with Cointelegraph and first reported by Bloomberg
Today in crypto, Grayscale Investments launched two new investment trusts for the Lido and Optimism governance tokens, former United States Commodity Futures Trading Commission commissioner Brian Quintenz is reportedly US President-elect Donald Trump
Cryptocurrency ownership is climbing across the globe, although market volatility and scams are still barriers to newcomers.According to Consensys’ 2024 Perception Survey, crypto ownership has increased in several countries in 2024, with an 8% jump i
A lawmaker in the Texas House of Representatives has drafted legislation to create a Bitcoin reserve as part of the state’s treasury.In a bill tentatively named the “Texas Strategic Bitcoin Reserve Act” filed with the state government on Dec. 12, Rep
Ether rallied 11.6% from Dec. 10 to Dec. 12, recovering losses from the preceding two days. This price move was partly driven by robust inflows into Ether spot exchange-traded funds (ETFs) and heightened activity on the Ethereum network, which helpe
AMP, an Australian superannuation fund, revealed that it invested approximately $27 million into Bitcoin in May 2024 — making it the first large Australian superannuation fund to embrace the digital asset.According to a report from Financial Review,