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South Korean Crypto Market Surpasses Stock Market in Trading Volume

South Korean Crypto Market Surpasses Stock Market in Trading Volume

On December 2, the daily trading volume of cryptocurrencies among retail traders in South Korea reached $18 billion, surpassing the stock market’s equivalent figure of $14 billion by 22%. This was reported in a 10x Research report. The most popular cryptocurrency of the day was Ripple’s XRP, with a trading volume of $6.3 billion. Dogecoin […]

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Russian Police Uncover Fake Crypto ATM Scheme

Russian Police Uncover Fake Crypto ATM Scheme

In Moscow, police have detained a suspect involved in the theft of citizens’ savings through the use of crypto ATMs, according to a statement from the Russian Ministry of Internal Affairs. Preliminary information suggests that a group of criminals installed over 20 crypto ATMs in several Russian regions and managed them remotely. Allegedly, victims were […]

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BitGo Unveils Retail Cryptocurrency Trading Platform

BitGo Unveils Retail Cryptocurrency Trading Platform

Digital asset infrastructure provider BitGo has launched a dedicated retail platform for cryptocurrency transactions. The BitGo Retail platform has launched! With BitGo Retail, you get access to:— Secure trading with institutional-grade protection— Custody solutions trusted by industry leaders— Opportunities to stake and earn rewards, all under one platform BitGo’s trusted security… pic.twitter.com/M9vMDBQo2I — BitGo (@BitGo) […]

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Sonic Labs Launches Mainnet and Announces Airdrop

Sonic Labs Launches Mainnet and Announces Airdrop

On December 2, developers of the L1 blockchain Sonic Labs announced the launch of the mainnet and the processing of the first transaction block. Genesis achieved. Block zero. Infrastructure deploying. Public soon. — Sonic Labs (prev. Fantom) ? (@0xSonicLabs) December 2, 2024 According to them, the system is already being deployed and will be available […]

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Bitcoin free banking: from utopia to reality

Bitcoin free banking: from utopia to reality

In Galaxy’s November report on Bitcoin layer-2 (L2) solutions, the firm weighed DeFi’s prospects on Bitcoin. Analysts estimate the segment’s TVL at $50 billion by 2030 (2.3% of the annual supply of digital gold at today’s price). Who will supply liquidity to Bitcoin-based L2s in the coming years, and how? Oleg Cash Coin investigates. Bitcoin […]

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Russia Develops AI Assistant for Psychologists

In Russia, a virtual assistant powered by AI has been developed for psychologists, reportedly doubling productivity, service quality, and revenue. This was reported by TASS Science, citing the press service of the Ministry of Science and Innovation Policy of the Novosibirsk Region. “The program helps automate processes and focus on the client, enhancing specialists’ productivity. […]

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US Government Transfers 10,000 Silk Road BTC to Coinbase

US Government Transfers 10,000 Silk Road BTC to Coinbase

A US government-controlled wallet has transferred 10,000 BTC (~$963 million) linked to Silk Road to Coinbase Prime, as noted by Arkham Intelligence. 10K BTC ($963M) has been moved from 33Tg to Coinbase Prime. pic.twitter.com/D2kijONsmL — Arkham (@arkham) December 2, 2024 Previously, 19,800 BTC (~$1.92 billion) confiscated from the darknet marketplace were moved. This is part […]

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Hyperliquid Joins Top 10 DeFi Platforms by Locked Value

Hyperliquid Joins Top 10 DeFi Platforms by Locked Value

Four days after its genesis airdrop, the decentralized trading platform Hyperliquid, featuring three protocols within its ecosystem, achieved a TVL of $1.353 billion. This placed the project in 10th position, according to DeFi Llama. Hyperliquid surpassed Aptos ($1.239 billion) and Polygon ($1.153 billion). Source: DeFi Llama. During the airdrop, the team distributed 274,153,917.65 HYPE among […]

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Ethereum Funds See Record Inflows of $2.2 Billion This Year

Ethereum Funds See Record Inflows of $2.2 Billion This Year

Between November 24 and 30, cryptocurrency investment funds saw inflows of $270 million. This positive trend continued for the eighth consecutive week, although it weakened significantly compared to the previous reporting period, according to CoinShares. Data: CoinShares. Year-to-date inflows reached a record $37.3 billion. In the past week, investors withdrew $457 million from instruments based […]

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CryptoQuant CEO Challenges Traditional Altcoin Season Indicators

CryptoQuant CEO Challenges Traditional Altcoin Season Indicators

The traditional indicator of an altcoin season, characterized by capital flowing from Bitcoin to other cryptocurrencies, is no longer relevant. This conclusion was reached by Ki Young Ju, founder and CEO of CryptoQuant. Alt season is no longer defined by asset rotation from #Bitcoin. The surge in altcoin trading volume isn’t driven by $BTC pairs […]

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The Browser Company Unveils AI-Focused Browser Dia

The Browser Company Unveils AI-Focused Browser Dia

The Browser Company, known for its Arc browser, has announced a new web browser named Dia, emphasizing AI tools. The launch is anticipated in early 2025. “Artificial intelligence will not exist as an app. Or a button. We believe it is a completely new environment built on top of a web browser,” states the new […]

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MicroStrategy Acquires 15,400 BTC for $1.5 Billion

MicroStrategy Acquires 15,400 BTC for $1.5 Billion

MicroStrategy has acquired an additional 15,400 BTC, as announced by the company’s founder, Michael Saylor. MicroStrategy has acquired 15,400 BTC for ~$1.5 billion at ~$95,976 per #bitcoin and has achieved BTC Yield of 38.7% QTD and 63.3% YTD. As of 12/2/2024, we hodl 402,100 $BTC acquired for ~$23.4 billion at ~$58,263 per bitcoin. $MSTR https://t.co/K3TK4msGp0 […]

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