Ethereum seems to be entering into a selling week, with its prices plummeting and many influential members of the crypto community selling off their Ethereum holdings. One of which was Tron's founder, Justin Sun, who sent 70,182 Ethereum, which is worth $244.9 million on Christmas eve on Christmas Eve to HTX.
XingChiMeitu sold its entire crypto portfolio, making nearly $80 million just before bitcoin’s surge above $100,000. The company plans to distribute 80% of the gains to shareholders and refocus on its AI-driven apps.
AnaisSouth Korean authorities have linked the 2019 Upbit exchange hack to North Korea, with over $1 billion worth of stolen ether. The investigation, aided by the FBI and Swiss authorities, traced the stolen funds, recovering some of the assets.
AnaisSouth Africa's Schindlers Digital Assets has created a legal process allowing cryptocurrency holders to buy property, making it easier to use digital assets for real estate transactions. The first event will be a property auction on 21 November 2024, marking a key step in integrating crypto with the real estate market.
AnaisNFT sales surged to $181 million in the week ending 17 November 2024, driven by the broader cryptocurrency market rally, particularly Bitcoin's rise. Ethereum and Bitcoin led the market, while other blockchains like Solana also contributed to the rebound.
AnaisAfter much anticipation and endless speculations, Ethereum Foundation researcher Justin Drake has finally reveal his “Beam Chain”proposal to enhance Ethereum’s consensus layer.
XingChiA careless cryptocurrency user just lost $25 million after sending Renzo restaked ether tokens to their safe module-a restricted holding account-instead of their safe wallet-a primary wallet that allows full access to funds.
XingChiThe Ethereum Foundation launched the Mekong testnet to trial key changes ahead of the Pectra upgrade, focusing on staking workflows and UX improvements. The testnet will help developers and stakers provide feedback before these changes are implemented on Ethereum’s mainnet in early 2025.
WeatherlyBitcoin is outpacing traditional assets like gold due to increasing adoption by individuals and institutions. With political backing and a surge in value, it’s gaining traction as a reliable store of value, alongside stablecoins for everyday transactions.
JoyIndia has recently announced that the country is considering banning cryptocurrencies like Bitcoin and Ether in favor of its Central Bank Digital Currency (CBDC).
XingChiFriend.tech's co-founder has hinted at leaving Base, causing the token to plummet. Given its flawed revenue structure and tumultuous relationship with Base, could this be the beginning of the end of Friend.tech?
CatherineSouth Korea faces pressure to approve crypto ETFs following US SEC's Ethereum ETF approval, amid growing interest in cryptocurrencies. The country's cautious stance contrasts with its vibrant crypto market, driven by increasing investor participation and altcoin trading preferences.
WeatherlyGoogle's AI Overviews feature, aimed at simplifying search results with quick summaries, faced criticism for providing inaccurate and misleading information, highlighting challenges in AI accuracy and contextual understanding. Google pledged swift action to address concerns and enhance reliability, emphasizing the importance of rigorous testing and ethical deployment of generative AI technologies.
AnaisCaitlyn Jenner has acknowledged her association with meme coin adviser Sahil Arora, whom she claims “scammed” her. Despite this, she remains committed to investing in and promoting the JENNER token.
KikyoNFTs were deemed nearly obsolete after the initial crypto market frenzy subsided. At their zenith, NFTs fetched tens of millions of dollars. However, a study revealed that the trading volume in the NFT market had dropped.
CatherineCryptocurrency owner Michael regained access to his forgotten Bitcoin wallet with current value amounting to millions after hackers used educated guesses and a stroke of luck to recover his password. Meanwhile, growing concerns over online fraud prompt banks like Kroo to ban cryptocurrency transactions, emphasising the need for caution in the volatile crypto market.
WeatherlyA viral story in Chinese social media tells of a man who discovered the 4000 bitcoins his father bought in 2015, now valued at over 2 billion RMB.
AlexRussia and Brazil use cryptocurrency for payments to China, while a Hong Kong exchange license applicant with mainland ties withdraws. A prominent Chinese airdrop studio is robbed, and former largest crypto exchange Mt. Gox moves significant funds. Bitcoin decouples from gold, increasing its correlation with tech stocks.
MiyukiCrypto user Michael lost the wallet password for 43.6 bitcoins stored in 2013, then worth only $5,300, now nearly $3 million. With the help of hardware hacker Joe Grand and his friend Bruno, they discovered an exploitable vulnerability and successfully cracked the password.
WeiliangIggy Azalea joins a growing list of celebrities linked to alleged serial scammer Sahil Arora, as a project bearing her name nets $300,000 in its presale.
Kikyo