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Why a gold rush for inscriptions has broken half a dozen blockchains

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‘Concerning precedent’ — bloXroute Labs' MEV relays to reject OFAC blocks

A decision by bloXroute Labs to start censoring OFAC-sanctioned blocks has been seen as a loss for Ethereum censorship resistance. from Cointelegraph.com News https://ift.tt/FUhr928

SEC delays several Ethereum ETFs, pushing final decision to May

The SEC has pushed back its decision on a roster of Ethereum ETFs, with the final date for a potential approval arriving in late May. from Cointelegraph.com News https://ift.tt/jzDJ7il

Zcash founder Zooko Wilcox steps down from Electric Coin, naming new CEO

The new CEO, Josh Swihart, has been the vice president at Electric Coin for nearly five years but recently took a four-month stint away from the firm. from Cointelegraph.com News https://ift.tt/JViQsEm

Bitcoin won’t be beaten as digital store of value: VanEck CEO

“It’s impossible for me to imagine some other internet store of value [will] leapfrog Bitcoin,” said Jan van Eck as he made his bullish case for BTC. from Cointelegraph.com News https://ift.tt/mwaqbls

Blockchain-based private loans hit $582M, doubling from last year

The average APR offered by blockchain credit protocols is 9.65% compared to an average personal loan interest rate of 11.5%, data shows. from Cointelegraph.com News https://ift.tt/F6pG1IH

Solana Saga sells for up to $5K on eBay as Bonk frenzy causes sell-out

After months of tepid sales, the Solana Saga phone is now “SOLD OUT” on its official website amid a recent frenzy for the free Bonk memecoin airdrop. from Cointelegraph.com News https://ift.tt/kuSlHfQ

Bitcoin fees hit 20-month high as miner revenues match $69K BTC price

Bitcoin miners are the main beneficiaries of current sky-high transaction fees, data shows, but many longtime market participants have little time for complaints. from Cointelegraph.com News https://ift.tt/fRySYlx

Palau advances CBDC with Ripple in Phase 2 of PSC program launch

Phase 2 of the PSC program will prioritize the development of a digital ecosystem and increased user engagement, emphasizing adherence to regulatory compliance. from Cointelegraph.com News https://ift.tt/8PpbKV4

ChatGPT shows geographic biases on environmental justice issues: Report

In a recent study, it was found that the artificial intelligence (AI) chatbot ChatGPT has constraints in providing locally tailored information on environmental justice issues. from Cointelegraph.com News https://ift.tt/wnZvre1

FTX debtors will assess values of crypto claims based on petition date market prices

In a revised Chapter 11 plan of reorganization, FTX debtors state that crypto claims by customers will be assessed using a conversion table, with valuation based on the petition date. from Cointelegraph.com News https://ift.tt/VQlspRq

Ripple exec predicts crypto landscape shifts in 2024

Stuart Alderoty predicts the possible resolution of Ripple’s SEC lawsuit and U.S. lawmakers agreeing on the need for crypto regulations. from Cointelegraph.com News https://ift.tt/a8jGgw2

Grayscale mulls over potential tax implications for spot Bitcoin ETFs

The asset management firm declares that the Grayscale Bitcoin Trust (GBTC) falls under the grantor trust structure for tax considerations. from Cointelegraph.com News https://ift.tt/jCzswke

Taiwan officials launch inquiry into crypto betting on election results: Report

Several Taiwanese residents were reportedly using the decentralized betting platform Polymarket, the same platform that saw record-breaking trading volumes during the 2020 United States election. from Cointelegraph.com News https://ift.tt/MqhVZgL

Web3 firm sees future where gamers rent out their in-game assets for crypto

Polemos co-founder Richard McLaren believes the future of blockchain gaming will involve gamers and developers renting out their in-game NFTs for profit. from Cointelegraph.com News https://ift.tt/5rsYelC

How the Ledger Connect hacker tricked users into making malicious approvals

According to Cyvers, the attacker caused malicious code to be inserted into multiple app user interfaces, allowing the exploiter to fool users into confirming transactions. from Cointelegraph.com News https://ift.tt/Q7xLGuH

Bitcoin ETF applicants will have to ‘bend the knee’ on cash redemption model

The SEC is pushing Bitcoin ETF issuers down the cash create route for creation and redemptions, but BlackRock has other ideas. from Cointelegraph.com News https://ift.tt/xt9MzaZ

More firms set to add Bitcoin to balance sheets after major rule change

The rules allow crypto-holding companies to now report their paper gains, not just losses, which industry observers say could give more firms confidence to buy. from Cointelegraph.com News https://ift.tt/eFsPOlG

Bitcoin to surge to $80K as stablecoins overtake Visa in 2024: Bitwise

Bitwise isn’t alone in its bullishness on stablecoins with Circle CEO Jeremy Allaire predicting the explosive growth of the sector due to a “huge appetite” for digital dollars. from Cointelegraph.com News https://ift.tt/SKek1mR

Yearn.finance pleads arb traders to return funds after $1.4M multisig mishap

A Yearn contributor said the value lost came from “strictly protocol owned liquidity” in the protocol’s treasury and that customer funds weren’t impacted. from Cointelegraph.com News https://ift.tt/Vksovfl

Line messenger’s NFT arm raises $140M for Web3 services

Line Next will use a part of the $140 million fund to introduce new Web3-focused services, which include a social app that uses AI-generated characters and Web3 games. from Cointelegraph.com News https://ift.tt/TrcyYB4

‘I’m a big fan’: Cantor Fitzgerald CEO praises Tether and Bitcoin

Cantor Fitzgerald has been managing Tether’s now $90 billion Treasury portfolio since late 2021. from Cointelegraph.com News https://ift.tt/EduGAM8

How the crypto bull run can impact Web3 gaming beyond play-to-earn

Web3 gaming has remained unfazed by the bear season. But how does the expected bull run impact interest in blockchain-based games? from Cointelegraph.com News https://ift.tt/Uq8BuZM

Dubai awards conditional crypto license to climate-friendly Web3 firm

AYA is a climate-focused launchpad that supports innovations around sustainability, such as reforestation, nature credits, mangrove conservation and sustainable agriculture. from Cointelegraph.com News https://ift.tt/MtXKICF

Buy the dip, sell the rip? BTC price levels to watch as Bitcoin taps $42K

Bitcoin preserves $40,000 as support and bounces higher as traders eye the impact of "institutional sized" moves on BTC price. from Cointelegraph.com News https://ift.tt/5em1AHZ

Bitcoin dev denies adding inscriptions to National Vulnerability Database

Bitcoin core developer Luke Dashjr said he played no part in flagging Bitcoin inscriptions as a cybersecurity threat with the NVD, as the listing received a “5.3 Medium” severity score. from Cointelegraph.com News https://ift.tt/rERW24Q

Yuga Labs co-founder addresses comeback rumors amid ongoing health break

Wylie Aronow said he’s been seeing a number of tweets this week asking when he’s planning to return to the helm at Yuga Labs. from Cointelegraph.com News https://ift.tt/kSwc741

Google’s Gemini demo is now getting accused of being ‘fake’

Onlookers praised the Gemini tech demo from Google upon its release last week but the tech firm admits some of it was jazzed up for “brevity.” from Cointelegraph.com News https://ift.tt/QDC2zaO

Bitcoin wipes nearly a week of gains in 20 minutes, falling under $41K

The price of Bitcoin suddenly dropped 6.5% to fall below $41,000 on Dec. 11, wiping out around five days of gains. from Cointelegraph.com News https://ift.tt/STiUsZd

Solana memecoin Bonk flips Pepe following 370% monthly gain

The dog-themed token has surged to become the third-largest memecoin overall. from Cointelegraph.com News https://ift.tt/JLzHxqo

Celeb NFTs and cringy ads — Analysts share their signs of a Bitcoin peak

With a major rally expected sometime in 2024, industry watchers have shared the top signals they look for to indicate when crypto has reached peak euphoria. from Cointelegraph.com News https://ift.tt/ILVE3qO

AI deepfake nude services skyrocket in popularity: Research

Social media analytics company Graphika noted a stark increase in offerings of synthetic NCII services. from Cointelegraph.com News https://ift.tt/ECAhZoy

KyberSwap exploiter linked to $50M HXA token movement

Blockchain security firm Cyvers said the KyberSwap exploiter’s acquired funds were spread across various externally owned accounts (EOAs), now recognized as the top HXA token holders. from Cointelegraph.com News https://ift.tt/kXp8aez

UK FCA crypto skills gap is causing slow enforcement, says National Audit Office

The National Audit Office emphasized that it took nearly three years for the UK Financial Conduct Authority to address illicit activity in crypto ATMs across the country. from Cointelegraph.com News https://ift.tt/TfeiuY2

US gov’t removes two crypto AML rules from national defense bill

The two provisions abolished from the National Defense Authorization Act centered around anti-money laundering (AML) issues linked to cryptocurrency. from Cointelegraph.com News https://ift.tt/BqMsPjK

VanEck files 5th amendment to spot Bitcoin ETF under ‘HODL’

Analysts say the ticker code could help avoid negative attention on adviser statements. from Cointelegraph.com News https://ift.tt/Ado3N96

EU officials reach ‘historic’ AI regulation deal

The agreement mandates models like ChatGPT and general AI to follow transparency rules before market entry. from Cointelegraph.com News https://ift.tt/4Ax2Zyt

Kyberswap comes to the rescue of hack victims, Platypus hacker walks free: Finance Redefined

The Platypus hacker managed to walk free from a court after claiming to be an ethical hacker despite stealing $8.5 million from the protocol. from Cointelegraph.com News https://ift.tt/0AgCRwc

Fidelity and SEC meet to discuss spot Bitcoin ETF application

The United States SEC and Fidelity assembled to discuss Fidelity's Wise Bitcoin Origin Trust application, investigating operational logistics and functionality of the product. from Cointelegraph.com News https://ift.tt/ZIx1hvj

El Salvador unveils BTC ‘Freedom Visa’ — but it’s 10x the cost of others

The same citizenship-by-investment schemes in nearby Caribbean nations start at $100,000, and one EU country has a citizenship pathway for just over $800,000. from Cointelegraph.com News https://ift.tt/M9dZQoU

Bitcoin new high set for late 2024, Binance to lose top spot, predicts VanEck

Next year will see Binance lose its leadership position, a U.S. recession, new stablecoin market cap highs and a new peak price for Bitcoin, according to asset manager VanEck. from Cointelegraph.com News https://ift.tt/7W4sKaX

Hive Digital says BTC miners bought last Dec have already paid themselves off

Hive Digital made a sizeable ASIC miner purchase in December 2022. Just one year later, thanks to a Bitcoin boom, the crypto miner says the rigs have paid for themselves. from Cointelegraph.com News https://ift.tt/s8QWyYH

Binance founder CZ must stay in US until February sentencing, judge orders

Former Binance CEO Changpeng "CZ" Zhao has been ordered to remain in the U.S. while awaiting his sentencing in February. from Cointelegraph.com News https://ift.tt/FfmwKtp

Google’s ‘GPT-4 killer’ Gemini is out, here’s how you can try it

Google has deployed its newest weapon in the AI arms race, a new artificial intelligence model that it claims is smarter and more powerful than OpenAI’s GPT-4. from Cointelegraph.com News https://ift.tt/gjTK17D

House Committee passes bill to ‘preserve U.S. leadership’ in blockchain

The pro-crypto bill is one of many before Congress that aims to promote the country’s deployment and use of blockchain technology. from Cointelegraph.com News https://ift.tt/nYbNUq7

UAE researchers launch blockchain carbon trading platform at COP28

The institute said it adopted a lightweight and efficient blockchain not intended to be computationally wasteful, where trading can be facilitated at little to no cost. from Cointelegraph.com News https://ift.tt/T8HNOfC

Bitcoin Ordinals ORDI token tops $1B market cap after 850% monthly gain

Following an outsized rally, ORDI became the first BRC-20 token to breach a $1 billion market capitalization. from Cointelegraph.com News https://ift.tt/hp6b5QC

DEBT Box urges judge to toss suit as SEC got case ‘badly wrong’

The SEC initially misled a court to freeze DEBT Box’s assets, which has since been reversed, and the firm cited the incident as grounds to dismiss the suit. from Cointelegraph.com News https://ift.tt/n0NjLZt

Bitcoin futures open interest on CME nears 2021 all-time high

The futures positioning on CME shows Bitcoin could still move higher from its current price, says IG Australia analyst Tony Sycamore. from Cointelegraph.com News https://ift.tt/g1OQo8y

Riot Platforms buys $291M in BTC rigs as miners rakes in from Ordinals

It adds to a prior agreement in which Riot bought 33,280 miners from MicroBT. The term sheet was also updated, allowing Riot to buy another 265,000 miners in the future. from Cointelegraph.com News https://ift.tt/rR1LFn7