Mt. Gox, a long-bankrupt crypto exchange, has transferred around $172.5 million worth of Bitcoin to an unknown wallet less than 24 hours after the cryptocurrency hit a new high of nearly $108,000.Arkham Intelligence shows the exchange moved a total o

Staking protocol Lido says it is winding down operations on the Polygon network due to limited user adoption, evolving ecosystem dynamics and a strategic refocus on Ethereum. In a Dec. 16 blog post, the Lido Finance team said the decision was made af

Decentralized finance firm Ethena Labs rolled out its new BlackRock BUIDL Fund-backed stablecoin, USDtb, on Dec. 16, amassing $65.4 million in total value locked in the first day. Ethena’s new USDtb stablecoin will function similarly to Tether and U

Crypto exchange Bitget is now authorized to offer Bitcoin-related services in El Salvador.According to a Dec. 16 announcement, Bitget secured a Bitcoin Service Provider (BSP) license from the Central Reserve Bank of El Salvador. The authorization wil

Decentralized finance (DeFi) protocol Ether.Fi has proposed allocating a portion of protocol revenues to buy back native ETHFI tokens and distribute them to stakers, according to a post in Ether.Fi’s community governance forum. Ether.Fi has proposed

Today in crypto, New York regulators approved Anchorage Digital’s BitLicense, MicroStrategy acquired another 15,350 Bitcoin for $1.5 billion, taking its total holdings to 439,000 BTC, and Bitcoin hit a new all-time high above $107,000 amid speculatio

Eliza Labs, the developer behind ai16z, has partnered with Stanford University’s Future of Digital Currency Initiative to research how artificial intelligence agents can improve Web3, according to a Dec. 16 announcement. The collaboration will use El

Gaming tokens could be in for a setback after non-fungible token (NFT) platform CyberKongz was hit with a Wells notice by the United States securities regulator.The Securities and Exchange Commission (SEC) brought up the “concerning rhetoric” that an

Masayoshi Son, the CEO of Japanese investment holdings firm Softbank Group, announced on Dec. 16 that his firm would be investing at least $100 billion in the United States to build artificial intelligence infrastructure.The announcement was made at

Debtors representing defunct cryptocurrency exchange FTX in the firm’s bankruptcy case announced that a reorganization plan paving the way for customers to be repaid would be effective on Jan. 3.In a Dec. 16 notice, FTX said it had set up a timeline

Crypto exchange Coinbase is being sued for more than $1 billion by BiT Global Digital, which is accusing the company of harming the crypto market through its decision to delist Wrapped Bitcoin.The Dec. 13 complaint filed by BiT Global alleges the cry

Bitcoin extended its weekend rally on Dec. 16 by setting a new all-time high above $107,700. The swell in Bitcoin’s price comes amid a steady surge in spot volumes and the re-emergence of the Coinbase Premium in the US session. Robust buying in the

Crypto exchange Bitget is now authorized to offer Bitcoin-related services in El Salvador.According to a Dec. 16 announcement, Bitget secured a Bitcoin Service Provider (BSP) license from El Salvador’s central reserve bank. The authorization will all

United States lawmakers in the Senate Banking Committee will reportedly make another attempt to confirm Caroline Crenshaw to another term at the Securities and Exchange Commission (SEC) before Democrats lose their majority control in January.Accordin

Cryptocurrency-friendly bank Anchorage Digital announced that its subsidiary had been granted a BitLicense by New York’s Department of Financial Services (NYDFS).In a Dec. 16 notice, Anchorage Digital said its New York arm had received a BitLicense,

Bitcoin targeted fresh all-time highs at the Dec. 16 Wall Street open as the United States traditional finance trading week opened with a pop.BTC price demands new record highData from Cointelegraph Markets Pro and TradingView captured a BTC price s

Ripple, the blockchain company behind XRP, confirmed that its Ripple USD (RLUSD) stablecoin will begin trading globally tomorrow, Dec. 17.RLUSD, a new United States dollar-backed stablecoin developed by Ripple, is set for a global exchange debut, the

The Aave community is deliberating the possibility of ceasing operations on Polygon, citing concerns over an upcoming review of the risk profile of bridged assets on the network.A Dec. 13 proposal initiated by Aave chain founder Marc Zeller seeks the

Bitcoin continued its northward journey on Dec. 16, signaling continued demand from the bulls. Material Indicators co-founder Keith Alan said in a post on X that historically, Bitcoin makes “MACRO moves” at or around Dec. 17. He expects a rate cut b

The United Kingdom may see crypto asset regulation in 2026, the Financial Conduct Authority (FCA) said. In its latest step in that direction, the FCA has released a discussion paper on admissions and disclosures and market abuse regulation.What to ad