Poland arrests ex-CEO of Russian crypto exchange WEX for US extradition: Report
The former crypto executive was previously arrested in Poland in 2021 over related matters but was released after 40 days.
Crypto
Peanut Pet Owner’s Token Collapses Two Weeks After Launch
The launch came after Longo criticized crypto traders for allegedly monetizing his personal tragedy through the popular meme coin Peanut.
Radiant Capital says North Korea posed as ex-contractor to carry out $50M hack
A North Korean threat actor was behind the $50 million attack on Radiant Capital in October and spoofed being an ex-contractor, the DeFi platform said.
Brooklyn DA shutters 40 NFT scam sites after artist loses $135K
An investigation into the victim of an NFT scam led the Brooklyn District Attorney’s Virtual Currency Unit to discover and dismantle a network of fake NFT marketplace sites.
National Center for Public Policy Research proposes BTC treasury to Amazon
The National Center for Public Policy noted that MicroStrategy’s stock outperformed Amazon’s stock by 537% due to its Bitcoin strategy.
Traders watch DOGE, SUI, PEPE and FTM as Bitcoin range trades near $100K
Bitcoin’s consolidation in the $100,000 range is giving traders an opportunity to take a closer look at DOGE, SUI, PEPE and FTM.
This Week in Crypto Games: $250K Pokémon Card Auction, ‘Pixels’ $4M Competition, ‘Nifty Island’ Token Date
Catch up on this week’s biggest crypto and NFT gaming news and find some weekend reads in our latest roundup.
Cardano Foundation X account hacked, scam links posted, then removed
The Cardano Foundation joins a long list of entities falling victim to X account hacks, including the Securities and Exchange Commission.
DeFi Hacking Has ‘Become a Full-Time Job’: ImmuneFi Founder
Despite the threat from “professional DeFi attackers,” the crypto space is getting safer, said ImmuneFi founder Mitchell Amador.
Dogecoin Hits Highest Price Since 2021 as Bitcoin Edges Back Above $100K
Bitcoin is back to six figures and XRP is rising again, while Dogecoin topped $0.48 overnight for the first time in over three years.
$100K Bitcoin price: From cypherpunk dream to financial mainstream
Crypto sees a historic moment as Bitcoin crosses the symbolic $100,000 threshold.
El Salvador’s Bitcoin gains top $300M — President
El Salvador’s unrealized gains of more than $300 million on its Bitcoin purchases came as BTC broke through the $100,000 milestone price.
NFTs start December with a $187M weekly sales volume
Pudgy Penguins recorded $25 million in sales, while CryptoPunks had a weekly volume of $16.5 million.
Crypto industry fears ‘vehemently anti crypto’ Caroline Crenshaw SEC vote
SEC commissioner Caroline Crenshaw, who is widely known for opposing the spot Bitcoin ETFs, is up for renomination, and the crypto industry fears her re-election.
Altcoin season 'leg down will be ugly,' says venture capitalist
A crypto venture capitalist warns that “once momentum tips,” market participants could be in for a surprise and there will be “some murder wicks” on the charts.
BTC hits $100K, Trump taps Paul Atkins for SEC chair, and more: Hodler’s Digest, Dec. 1 – 7
This week Bitcoin reached $100,000 for the first time ever, Trump nominates pro-crypto Paul Atkins to replace Gary Gensler: Hodler’s Digest
MYRIAD, Pudgy Penguins Team Up to ‘Predict the Future’
Pudgy Penguins and MYRIAD have launched the digital media platform’s first Community Contest, with prizes including Lil’ Pudgys NFTs.
Pepe memecoin flips Uniswap token in market cap, hits all-time high
According to data from CoinMarketCap, Pepe has a maximum supply of roughly 420 trillion tokens, with all tokens already in circulation.
Bitcoin can separate money and state — David Sacks
Sacks also highlighted Bitcoin’s portability as a major feature of the crypto that makes it an attractive option during social turmoil.
Layer-2 networks need decentralized sequencers — Metis co-founder
According to data from L2 Beat, there are 118 layer-2 scaling solutions listed for the Ethereum network as of December 2024.
Bitcoin 'Choppiness' index hints $110K BTC price will be tough to crack
Bitcoin is getting “choppier” and the BTC price uptrend less strong, new indicator data suggests.
Bitcoin rally to continue until end of 2025 — Analyst
Bitcoin’s historic $100,000 milestone comes despite sluggish momentum in oil, gold and the S&P 500 index.
Bitcoin hits $100K: From pizzas to a Bitcoin national stockpile
Bitcoin was once worth so little that thousands of BTC were given away for free, but each one is now worth roughly $100,000 and is the most valuable cryptocurrency ever.
Ethereum poised to copy XRP’s 390% rally toward $7.6K next
Ether is breaking out of a similar symmetrical triangle pattern that propelled XRP’s prices from around $0.50 to around $2.90 within a month.
Ether to $5K on fractals, BlackRock ETH ETF holdings 2x with $500M buy
Ether price’s rally to the $5,000 psychological mark may be a “minimum target” based on emerging ETH fractal patterns and Bitcoin’s surge above $100,000.
Telegram founder Pavel Durov questioned in Paris court for first time: Report
Durov said that he “trusts the French justice” system but refused to elaborate on the legal proceedings.
Coffeezilla calls out 'insane headlines' about Hawk Tuah memecoin
YouTube investigator Coffeezilla has called for an end to the spread of misinformation about viral influencer Hailey Welch’s recent controversial memecoin launch, HAWK.
FSOC’s Still Worried About Stablecoins
The Financial Stability Oversight Council published its 2024 annual report Friday, addressing various risks and areas of concern within the U.S. and global financial system. As it has done for the past few years, the report highlighted the role of stablecoins and the digital asset sector more broadly — though it stopped short of suggesting … Read more
FSOC warns stablecoins remain a 'potential risk' to financial stability
In its 2024 annual report, the FSOC said that stablecoins are “acutely vulnerable to runs absent appropriate risk management standards.”
Ethereum ‘impulse breakout’ will lead to $15K ETH price in 2025 — Analyst
Ethereum price finally took out the $4,000 resistance level, and one analyst says ETH could hit $15,000 by May 2025.