Market
Crypto
Robinhood expands into EU with crypto trading and Bitcoin rewards
The trading platform recently reported a 75% increase in its crypto trading volume for November.
Stablecoins
Binance announces compensation for users who bought AEUR at inflated prices
Binance attributed the trading anomaly to markets misunderstanding the nature of the token, while Anchored Coins warns of scammers impersonating its accounts.
Hacks
North Korea’s Lazarus Group escalates crypto attacks via Telegram phishing
The attackers impersonate legitimate venture capital firms on Telegram and use meeting and scheduling apps to launch sophisticated phishing attacks.
Regulation
New Jersey bill seeks to classify digital assets sold to institutional investors as securities
During the past year, the SEC has weaponized the securities law against several crypto-related firms.
Stablecoins
Societe Generale to debut Euro-pegged stablecoin on Bitstamp exchange
The stablecoin has a maximum total supply of 10.5 million and its reserves will be fully collateralized by cash reserves and high-quality securities.
NFTs
Bitcoin developer’s ‘bug’ claim triggers ORDI token brief dip below $50
Long traders lost around $5 million due to the price fluctuation of the ORDI token.
Crypto
Soaring Bitcoin prices liquidate $272M, pushes Tether USDT supply above 90B
Observers have suggested that USDT's increasing supply indicates an improving liquidity for the crypto market.
Adoption
Swiss city Lugano to accept Bitcoin, Tether for tax payments
Bitcoin and Tether join traditional payment methods for settling Lugano's public fees through Bitcoin Suisse.
NFTs
Web3 developer Thirdweb boosts bounty to $50,000 in light of fresh smart contract security risks
The platform confirmed the presence of a security vulnerability in a widely used unnamed open-source library.
Mining
Bitcoin miner Phoenix Group makes $2.47B trading debut in Abu Dhabi rising 50%
The miner shares' price surged on its first day of trading following $2.47B IPO
Regulation
DigiFT becomes Singapore’s first regulated public blockchain exchange for asset tokenization
The exchange said the license reflects its dedication to regulations and a pivotal step to shaping the future of capital markets.
Exchanges
Binance looks to boost FDUSD adoption with fee-free trading for Ethereum, XRP, others
Binance has touted FDUSD has a viable alternative to the embattled BUSD stablecoin.