ALTCOIN
An altcoin is simply any digital currency alternative to Bitcoin. Many altcoins are forks of Bitcoin with minor changes (e.g. Litecoin).
Glassnode Unveils Latest Altcoin Insights in Weekly Report
Glassnode's latest report offers professional insights into altcoin markets, highlighting high-conviction setups and volatility analysis for informed trading decisions.
Fantom Foundation Lowers Staking Threshold to 50,000 FTM
Fantom Foundation has reduced its validator staking requirement from 500,000 FTM to 50,000 FTM, aiming to boost network security and accessibility, following a June 2023 governance vote.
IMF Urges Countries to Consider Banning Cryptocurrencies
US Treasury Secretary Janet Yellen underlined the need for effective cryptocurrency regulation.
Blockchain Association Rejects Court's Securities Ruling on Private Blockchains
A U.S. lawyer called it "absurd" for a court to declare digital assets on centralized databases securities.
Circle Plans to Increase Workforce by 15-25%
Circle's $42 billion USDC is the second-largest stablecoin behind Tether's USDT.
Solana Spaces to Close Down Stores
Solana Spaces shuttered its two Solana-themed retail outlets in New York and Miami after seven months, citing a shift in investment emphasis.
LinksDAO and Spey Bay Golf Club
"LinksDAO" may acquire a $900,000 Scottish golf course. Voting closes on Feb. 22 at 12pm ET, with 88% of voters supporting the acquisition.
The amount of ETH burned will continue to increase as transaction fees are burned
Since September 2022, traders have started withdrawing ETH from exchanges.
LidoDAO is considering selling or staking its $30 million
LidoDAO, the decentralized autonomous organization behind Lido, is considering staking or selling its $30 million ETH treasury to meet unexpected market swings.
BUSD, Paxos, and the Recent Scrutiny of Paxos
Matrixport's director of research believed Paxos' BUSD supervision was too lax, prompting regulatory attention. Stablecoins are not the goal.
Paxos Trust Company Disagrees With U.S. Securities
Paxos, a stablecoin issuer, received an SEC Wells notice earlier this month and "categorically denies" that BUSD is a securities.
South Korean Officials Confirm They Sent Team to Serbia to Find Do Kwon
South Korean authorities have increased their search for Do Kwon and deployed state officials to Serbia.
The UK is a step closer to launching a central bank digital currency
The Bank of England thinks crypto stablecoins and a central-bank-issued "digital pound" might coexist.
North Korea Stole Over $1 Billion in Crypto in 2022
According to a UN study, North Korea stole more bitcoin in 2022 than ever before and targeted multinational aerospace and military industries.
Webaverse Co-Founder Reveals $4 Million Crypto Hack
Webaverse co-founder Ahad Shams sent a public statement about being hacked for $4 million in a hotel lobby.