Bukele Bitcoin Law May Change Under New IMF Deal: Financial Times

Bukele Bitcoin Law May Change Under New IMF Deal: Financial Times

El Salvador may roll back a small aspect of its Bitcoin law as part of a new deal with the International Monetary Fund. The Latin American country may no longer require Salvadorean merchants to accept bitcoin (BTC) as a means of payment across the nation, instead making bitcoin acceptance voluntary, according to a new report … Read more

Jupiter DAO Passes Massive $860M ‘Jupuary’ Airdrop Vote

Jupiter DAO Passes Massive 0M ‘Jupuary’ Airdrop Vote

The community group governing decisions on Solana-based decentralized exchange Jupiter on Sunday passed a long-awaited vote to allow two incentives of $860 million (worth of tokens at current prices) each over two years, shifting the related JUP token’s fundamentals. The proposal was part of the <a href=" target="_blank">“Jupuary” vote #2</a>, which was changed and refloated … Read more

Bitcoin 'Four Meggers': OrdinalsBot Inscribes Largest-Ever File on the OG Blockchain

Bitcoin 'Four Meggers': OrdinalsBot Inscribes Largest-Ever File on the OG Blockchain

Bitcoin inscriptions project OrdinalsBot has minted what it says is the largest file ever on the oldest and most valuable blockchain: the last in a collection of 1,500 "Pizza Ninjas." It's part of a phenomenon in the Bitcoin development community known as "four meggers," which are files that take up an entire block on the … Read more

CoinDesk 20 Performance Update: FIL Declines 13% as Nearly All Assets Trade Lower

CoinDesk 20 Performance Update: FIL Declines 13% as Nearly All Assets Trade Lower

<a href=" target="_blank">CoinDesk Indices</a> presents its daily market update, highlighting the performance of leaders and laggards in the <a href=" target="_blank">CoinDesk 20 Index</a>. The CoinDesk 20 is currently trading at 3857.2, down 3.7% (-150.02) since 4 pm on Friday. One of 20 assets are trading higher. Leaders: XRP (+1.3%) and LINK (-0.1%). Laggards: FIL (-13.0%) … Read more

Bitget Mulls U.S. Entry While Awaiting Trump’s Pro-Crypto Administration

Bitget Mulls U.S. Entry While Awaiting Trump’s Pro-Crypto Administration

Bitget, a cryptocurrency exchange that has grown rapidly in recent years to one of the largest, is considering partnerships with U.S. firms to gain a foothold in America, encouraged by the incoming Trump administration’s likely pro-crypto stance. Some of the largest crypto exchanges such as Binance, ByBit, OKX and Bitget are prohibited from serving U.S. … Read more

Michael Saylor’s Microstrategy (MSTR) Bought 21,550 More Bitcoin (BTC) Selling $2.1B Shares

Michael Saylor’s Microstrategy (MSTR) Bought 21,550 More Bitcoin (BTC) Selling .1B Shares

Bitcoin Development Company MicroStrategy (MSTR) added to its mammoth bitcoin (BTC) holdings last week with the purchase of another 21,550 tokens. The buys were made over the week ended Dec. 8 and the firm paid an average price of $98,783 each, totaling $2.1 billion, according to a Monday regulatory filing. It funded the acquisition by … Read more

Bitcoin (BTC) Price Hits Mid-Cycle Peak as Retail Interest in Altcoins Soars

Bitcoin (BTC) Price Hits Mid-Cycle Peak as Retail Interest in Altcoins Soars

By Omkar Godbole (All times ET unless indicated otherwise) The crypto market has begun the week on a negative note, with bitcoin (BTC) lower after a weekend spent wrestling with the $100,000 mark amid reports that Amazon shareholders are pushing for an allocation to the cryptocurrency. The persistent indecisiveness since Dec. 5 amid increased retail … Read more

Bitcoin Slide Causes $300 Million Liquidations, Cardano Leads Losses

Bitcoin Slide Causes 0 Million Liquidations, Cardano Leads Losses

Crypto markets started the week in the red as bitcoin (BTC) slumped during the European morning hours after having briefly crossed the $100,000 level. BTC fell 2% from its six-figure landmark causing a dive across majors. XRP, dogecoin (DOGE) and Solana’s SOL fell as much as 5.5%, with BNB Chain’s BNB and ether (ETH) down … Read more

Layer 2 Network Built Using Facebook Designed Programming Language to Airdrop Its Token

Layer 2 Network Built Using Facebook Designed Programming Language to Airdrop Its Token

Movement, an Ethereum layer-2 network that was built using MoveVM, will issue its native token on Monday with a portion of the tokens being airdropped to early users and community members. The token, MOVE, will be listed on Binance via the exchange’s airdrops portal, and will also be listed on prominent South Korean exchanges Upbit … Read more

Radiant Capital Says North Korean Hackers Behind $50 Million Hack in October

Radiant Capital Says North Korean Hackers Behind  Million Hack in October

DeFi protocol Radiant Capital has attributed a $50 million exploit it suffered in October to North Korean hackers. According to a report published on Dec. 6, the attackers started laying the groundwork for the Oct. 16 attack in mid-September, when a Telegram message from what appeared to be a trusted former contractor was sent to … Read more