Wintermute reports fourfold surge in OTC crypto trading volumes
Market maker Wintermute said its over-the-counter (OTC) trading volumes quadrupled in 2024, led by strong institutional demand.
Wintermute reports fourfold surge in OTC crypto trading volumes
Market maker Wintermute said its over-the-counter (OTC) trading volumes quadrupled in 2024, led by strong institutional demand.
US Supreme Court backs TikTok law, WazirX freezes $3m in USDT, and other cybersecurity developments
We gathered the week’s most important cybersecurity news. Crypto exchange WazirX froze $3 million in stolen funds. The US Supreme Court upheld a law that could ban TikTok. Bugs in tunnelling protocols were deemed a threat to 4.2 million internet hosts. A Google OAuth vulnerability exposed access to abandoned accounts. Crypto exchange WazirX freezes $3 […]
FBI foils plot to kidnap Miami jeweller for $2m in cryptocurrency
The FBI uncovered a group that planned to kidnap a Miami jeweller to extort about $2m in cryptocurrency. According to court filings, the initial tip came from a confidential source. The suspects intended to target an employee of the Seybold Building, historically home to many jewellery stores. A leader called Jack and his associates—whom he […]
Binance to tighten crypto deposit and withdrawal procedures in Poland
The crypto exchange Binance warned users in Poland about changes to cryptocurrency deposit and withdrawal procedures. According to the notice, from 20 January clients must provide their full name, country, and the name of the exchange (if applicable) for the following operations: for deposits over €1000 — the sender’s details; for withdrawals of any amount […]
SoSoValue sets out SOSO tokenomics
The first season of SoSoValue’s token distribution will run from 25 January to 25 February. The airdrop totals 49 million SOSO — 4.9% of the 1 billion aggregate supply, according to The Block. Tokens will be distributed as follows: 4 million SOSO via the Bybit exchange’s Launchpool platform; 15 million SOSO under the PoW programme […]
Public bitcoin miners’ reserves approach 100,000 BTC
As of December 2024, publicly listed mining firms held more than 92,000 BTC on their balance sheets, a record high, according to TheMiningMag. Year on year, the figure rose by about 136% from just over 39,000 BTC. The increase was partly driven by MARA, Riot Platforms and Hut 8 shifting to a strategy of buying […]
Tether weighs expanding its US operations
USDT issuer Tether is considering expanding its US operations amid hopes for a friendlier crypto policy in the country, the company’s head Paolo Ardoino said in an interview with Bloomberg Television. “I do not rule out that Tether could move somewhat closer to having a presence in the US, but we are also doing this […]
Ethereum targets March mainnet activation for Pectra
During the first ACDE call of 2025, Ethereum developers slated activation of the Pectra upgrade on mainnet for early to mid-March. The sizeable upgrade implements a broad slate of EIPs. The proposals include improvements to account abstraction, changes to validator operations, gas fee optimisation and higher network performance. The maximum validator stake is expected to […]
Tether launches cross-chain stablecoin USDT0 on Kraken’s Ink L2
Launched by Kraken, the Ink network is the first Ethereum layer-2 to deploy the cross-chain stablecoin USDT0, the exchange said in its blog. Ink is built on Optimism’s technology and is compatible with all networks on the OP Stack. Kraken’s rivals have launched their own OP-based DeFi layer-2s, including Coinbase’s Base and Unichain from Uniswap. […]
DePIN project Aethir partners with EigenLayer
Aethir, which is building a decentralised GPU network, has partnered with the team behind the EigenLayer restaking protocol. The collaboration will integrate AVS and allow Aethir (ATH) tokens to be delegated to validators in the EigenLayer ecosystem, according to a press release. Aethir said the partnership will open new earning opportunities for ATH holders and […]
JPMorgan sets out factors driving bitcoin’s continued dominance
JPMorgan analysts expect bitcoin to maintain its dominance over Ethereum and other altcoins in 2025, The Block reported, citing a note. According to CoinGecko, the measure stands at 54% at the time of writing, with ETH at 11.14%. Data: CoinGecko. The authors identified eight key factors that could support bitcoin’s continued dominance. ETF inflows In […]
BitFuFu to acquire a majority stake in a 51MW bitcoin mining facility in Oklahoma
Cloud-mining provider BitFuFu has signed a letter of intent to acquire a majority stake in a 51MW bitcoin mining facility in Oklahoma, USA. ? We’ve taken a major step forward in our growth strategy as we signed a letter of intent to acquire a majority stake in a cutting-edge 51MW Bitcoin mining facility in Oklahoma, […]We use cookies to improve the quality of our service.
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