DuckChain, a layer-2 project enhancing the TON blockchain, has raised $5 million in a strategic funding round led by prominent investors, including dao5, Offchain Labs, Kenetic Capital, and DWF Ventures. Other participants include Oak Grove Ventures, Skyland Ventures,...
Hackers have allegedly breached the X account of Vivek Ramaswamy, co-lead of the newly established Department of Government Efficiency (DOGE), using the platform to spread misleading claims of a partnership with the stablecoin project, Usual. In a now-deleted...
South Korean cryptocurrency exchange Bithumb has alerted users to delays in XRP withdrawals following a sudden surge in transaction volumes. In a recent statement, Bithumb disclosed that the unexpected rise in Ripple (XRP) withdrawal requests had caused longer-than-usual...
Cryptopia, the liquidator of the defunct cryptocurrency exchange, has begun the long-awaited distribution of funds to users affected by the devastating hack in 2019. Grant Thornton, the firm managing the liquidation, announced on December 20 that it has...
Kim Nam-guk, a former Democratic Party lawmaker in South Korea, is reportedly facing up to six months in prison after prosecutors accused him of hiding millions in cryptocurrency holdings and failing to properly disclose his wealth during financial...
The Australian Securities and Investments Commission (ASIC) has filed a lawsuit against Binance's Australian operator, Oztures Trading Pty Ltd. The regualtor accused the crypto derivatives platform of misclassifying over 500 retail clients as wholesale investors, and thus, denying...
Japanese investment firm Metaplanet expects to post its first consolidated operating profit since 2017 in its next shareholder report. On December 18, the Tokyo-based company announced its fiscal year projections for 2024, forecasting ¥890 million ($5.8 million) in...
OKX has partnered with the on-chain data platform Dune Analytics to offer real-time analytics using its DEX aggregator. The integration, revealed on December 18, enables users to access detailed on-chain data, including daily transaction volumes, cross-chain swaps, and...
Hong Kong's newly proposed stablecoin bill passed its first reading in the city’s Legislative Council today, December 18, 2024. This move brings the city closer to establishing a robust regulatory framework for fiat-backed stablecoin issuers. During the presentation...
European Parliament member Sarah Knafo has urged the European Union (EU) to adopt Bitcoin as a strategic reserve while opposing the European Central Bank’s (ECB) proposed “digital euro.” In a recent speech shared via X before the European...
