Crypto
US government recovers $3.5 million in Bitcoin to reimburse cyber fraud victims
The authorities said Bitcoin recent price increase would aid their efforts to reimburse the fraud victims.
Oluwapelumi Adejumo 2 min read
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Crime
LastPass-linked crypto theft climbs to over $250 million after latest $5.4 million hit
Crypto holders urged to act as attackers leverage 2-years old LastPass breach to drain millions despite strong encryption claims.
Tokenization
Cardano Foundation clarifies role and priorities amid ongoing ecosystem governance disputes
Cardano Foundation addresses tension with Hoskinson and promises support for the network's ecosystem goals.
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Stablecoins
Ethena Labs launches stablecoin backed by BlackRock’s tokenized fund shares
Ethena Labs introduces USDtb, a stablecoin with BlackRock-backed security and multichain versatility.
Analysis
Bitfinex projects Bitcoin peaking at $290k in early 2026 if historical patterns repeat
Historical indicators suggest Bitcoin's price could soar between $160,000 and $290,000, depending on market dynamics.
DeFi
Stanford Blockchain Club slams DOJ’s use of archaic laws in Tornado Cash case
Stanford Blockchain Club challenges the DOJ's prosecution of Tornado Cash, arguing for legislative clarity.
Bankruptcy
FTX to begin initial distributions by March with Kraken and BitGo as partners
The effective date for FTX's reorganization plan is Jan. 3, 2025, with distributions set to start within 60 days.
DeFi
Aave mulls Polygon exit over risky stablecoin proposal
Aave's potential withdrawal from Polygon sparks debate over DeFi risk management and revenue priorities.
Regulation
Anchorage Digital secures NYDFS license to offer institutional crypto solutions
Anchorage Digital aims to strengthen its institutional client base by meeting surging demand for regulated, secure crypto solutions.
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Stablecoins
Ripple to begin global rollout of RLUSD stablecoin on Dec. 17
Regulation
UK aims for balanced crypto regulation with FCA-led consultation
Market
$3.2 billion crypto inflow marks 10-week streak as Trump election victory boosts confidence
Stablecoins