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MicroStrategy Joins Nasdaq-100 Index

MicroStrategy Joins Nasdaq-100 Index

Nasdaq announced that Michael Saylor’s company, MicroStrategy (MSTR), will be added to the Nasdaq-100 starting December 23.

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Cybersecurity Highlights: Russia Bans Viber, Telegram's Terrorist Tally, and More

Cybersecurity Highlights: Russia Bans Viber, Telegram’s Terrorist Tally, and More

We have compiled the most significant cybersecurity news of the week. Viber was blocked in Russia. Telegram released statistics on blocked groups and chats. The Ultralytics AI model was infected with a cryptominer. Media reported excessive personal information disclosure in the Fog Data Science app. Viber Blocked in Russia Roskomnadzor confirmed the restriction of access […]

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Ledger User Reports Theft of 10 BTC; Manufacturer Denies Responsibility

Ledger User Reports Theft of 10 BTC; Manufacturer Denies Responsibility

An owner of a Ledger Nano S hardware wallet, known by the pseudonym Anchor Drops, reported the theft of at least 10 BTC and raised questions with the device’s manufacturer. Hey @ledger tonight I lost 10 BTC and ~1.5m of NFTs stored on my ledger Nano S The ledger was purchased directly from you. The […]

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Bitcoin Advocate French Hill to Lead US House Financial Services Committee

Bitcoin Advocate French Hill to Lead US House Financial Services Committee

French Hill has been appointed as the chairman of the US House Financial Services Committee. He is known for his work on several cryptocurrency-related bills, reports The Block. The current committee head, Patrick McHenry, will step down at the end of the year. He played a pivotal role in advancing the stablecoin payment bill and […]

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XBANKING to Raffle Tesla Cybertruck and 200 SOL for XB Staking

XBANKING to Raffle Tesla Cybertruck and 200 SOL for XB Staking

On January 12, 2025, the staking platform XBANKING will hold a raffle for a Tesla Cybertruck and 200 SOL. This was announced in the company’s blog. To participate, one must stake at least 100 XB (~$30) on XBANKING by December 31, 2024. For every 100 XB staked, a user receives one ticket. The more tickets, […]

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UK Regulators Urge Firms to Disclose Crypto Investments

UK Regulators Urge Firms to Disclose Crypto Investments

The Bank of England and the PRA have requested data from companies under their supervision regarding their current and future investments in cryptoassets. According to the regulators’ announcement, the focus is on tokenized traditional assets, stablecoins, and unbacked cryptoassets as per the Basel prudential framework. This framework outlines capital management requirements for banks and classifies […]

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OKX Enhances VIP Program with Personal Managers and Reduced Fees

OKX Enhances VIP Program with Personal Managers and Reduced Fees

Cryptocurrency exchange OKX has revamped its VIP program for clients with assets exceeding $100,000 or a 30-day trading volume above $5 million on spot markets and $50 million on futures. This was reported to ForkLog by representatives of the trading platform. To participate, one must apply on the VIP program page. The updates include: a […]

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Matrixport Predicts Bitcoin to Reach $160,000 by 2025

Matrixport Predicts Bitcoin to Reach $160,000 by 2025

The year 2025 is set to be a “breakthrough” for Bitcoin, with the cryptocurrency expected to reach a target price of $160,000, according to experts at Matrixport. #MatrixOnTarget Report? — Dec 13: #Bitcoin 2025 Target: $160,000 #Matrixport #Crypto #cryptomarket #MarketWatch #CryptoInvestors #BTC pic.twitter.com/hAjFPdq87U — Matrixport Official (@Matrixport_EN) December 13, 2024 The analytical firm identifies the […]

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Mantle to Distribute 320,000 MNT and 570,000 EIGEN in New Campaigns

Mantle to Distribute 320,000 MNT and 570,000 EIGEN in New Campaigns

The team behind the Layer 2 solution Mantle will distribute 320,000 MNT ($404,000) among participants of the bonus quest of the Yield Lab campaign, as well as 570,000 EIGEN ($2.8 million) to users who have locked MNT tokens as part of the Mantle Rewards Station initiative. This was announced on X and in the project’s […]

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JPMorgan: Miners Emulate MicroStrategy's Bitcoin Strategy

JPMorgan: Miners Emulate MicroStrategy’s Bitcoin Strategy

Publicly traded mining companies are adopting a strategy of acquiring bitcoin for their balance sheets, following the example of MicroStrategy. This is according to a report by JPMorgan, as reported by CoinDesk. To finance operational costs, firms are issuing bonds and stocks, opting not to sell mined coins. This shift is due to pressure on […]

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US Crypto Trader Sentenced to Prison for Tax Evasion

US Crypto Trader Sentenced to Prison for Tax Evasion

On December 12, a court in the Western District of Texas sentenced local resident Frank Algren III to two years in prison for submitting false income data from bitcoin sales. “Frank Algren III made millions buying and selling bitcoins. But instead of paying the taxes he knew were due, he lied to his accountant about […]

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Polygon Community to Consider $1.3 Billion Allocation on Ethereum Bridge

Polygon Community to Consider $1.3 Billion Allocation on Ethereum Bridge

The Polygon community will evaluate a proposal to leverage over $1.3 billion in reserves held in DAI, USDC, and USDT for profit generation. These funds are currently locked on the PoS Chain and Ethereum bridge. The initiative has been put forward by Web3 risk providers Allez Labs and the teams from Morpho and Yearn. The […]

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