XRP has suffered an overnight selloff, with its fall to $2.32 marking a 4% decline in 24 hours. This loss is in line with the rest of the market, which is also weathering some profit-taking and uncertainty today, although some coins are up (e.g. Monero, Virtuals Protocol, Curve DAO, Gate, Optimism). XRP is now flat…
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Trump-Linked Wallet Buys Aave and Chainlink – Could This Coin Be Next?
A Donald Trump-linked crypto wallet has deployed $10M USDC to acquire Chainlink (LINK), Ethereum (ETH), and Aave – could another coin be next? As 2024 marks the era of adoption, many anticipate the US Government will begin building a strategic national Bitcoin reserve in the wake of Donald Trump’s landmark victory in November. HOLY SHIT….
TON Blockchain’s Tact Language Has Security Risks – CertiK Audit
A new security report has raised concerns about the Open Telegram Network (TON), a blockchain platform known for its user-friendly approach to smart contracts. The report, conducted by Web3 security firm CertiK, highlights potential vulnerabilities in Tact, the programming language specifically designed for TON. While Tact aims to simplify development and enhance security, the audit…
Avalanche Lands $250 Million as Crypto All-Stars Blows Past $15M – What’s Driving the Boom?
Avalanche has just raised a towering $250 million in a private crypto sale for the network’s Ethereum-challenging blockchain. Lead investors Galaxy Digital, ParaFi Capital and Dragonfly were joined by more than 40 investment firms including Anthony Scaramucci’s SkyBridge Capital and AI/crypto investment firm Morgan Creek Digital. The raise comes shortly after the launch of the…
Texas Man Jailed for Evading $1M in Cryptocurrency Taxes
Frank Richard Ahlgren III, a Bitcoin investor from Austin, Texas, has become the first individual criminally charged for failing to report cryptocurrency capital gains. According to the U.S. Department of Justice (DOJ), Ahlgren earned $3.7 million from selling 640 Bitcoin in 2017, which he subsequently used to purchase a luxury home in Park City, Utah….
Gate.io Dismisses Hack Rumors, Assures Platform Security
Gate.io, one of the leading cryptocurrency exchanges, has firmly denied recent rumors about a potential hacking incident. The speculation surfaced on social media earlier on December 13, originating from significant withdrawals observed on the platform. GATE RUMOURED TO HAVE BEEN HACKED, RECOMMENDED TO WITHDRAW: SOURCES — Aggr News (@AggrNews) December 13, 2024 In response, Gate.io…
Solana Beats Ethereum – Is a $500 SOL Price Now Within Reach?
Despite this accolade, bullish end-of-year projections seem somewhat stalled as the SOL price takes a 3.34% dip today, mirroring the trend seen in other notable altcoins. In an attempt to recover the levels seen before the mass market-wide liquidation earlier this week, Solana has fallen short, retaining a 5.03% loss. However, with a 12.21% lapse…
Hong Kong’s OSL Adds Toncoin to OTC Trading Amid Rising Institutional Demand
OSL Digital Securities, Hong Kong’s premier regulated digital asset platform, has introduced Toncoin (TON) into its over-the-counter (OTC) trading services to extend its offers to professional investors. According to a press release, the addition enables eligible users to trade TON against USD, USDT, and HKD. It also benefits from OSL’s secure custody services and fiat…
Topology Ventures Led by Casey Caruso Raises $75M
Casey Caruso, Google-engineer-turned-investor, has raised $75 million for her new venture capital firm, Topology Ventures. The fund focuses on frontier technologies and has drawn the support of prominent backers, including tech billionaire Marc Andreessen. Caruso began as an engineer at Google in 2017, transitioning to venture capital, Caruso became an investor at Bessemer Venture Partners…
U.S. Judge Slams FDIC for Redacting Crypto ‘Pause Letters’ in Coinbase-Backed FOIA Lawsuit
A U.S. federal judge has criticized the Federal Deposit Insurance Corporation (FDIC) for its extensive redactions of so-called “pause letters” sent to banks regarding crypto-related activities. The criticism came as part of a Freedom of Information Act (FOIA) lawsuit backed by Coinbase, Paul Grewal, the Chief Legal Officer of the exchange, revealed in a recent…