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The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has sanctioned two individuals and one entity for laundering millions of dollars in illicit funds for North Korean agents. The targeted network, led by a previously sanctioned North Korean agent, facilitated cryptocurrency conversions and money laundering to support the regime’s weapons of mass…

Metaplanet stock surged 51% on December 17. This comes as the company, an early-stage investment firm dubbed “Japanese MicroStrategy,” announced a ¥4.5 billion ($30 million) program to fund additional Bitcoin purchases. The plan implies issuing zero-interest bonds, maturing on June 16, 2025. The bonds highlight the company’s continued commitment to Bitcoin as part of its…

Pudgy Penguins, the second-popular NFT on the market, has officially launched its PENGU token on the Solana blockchain. The NFT company announced the development on X. $PENGU is now live. CA: 2zMMhcVQEXDtdE6vsFS7S7D5oUodfJHE8vd1gnBouauv Learn more & how to claim your PENGU below. pic.twitter.com/ROWgq02YbF — Pudgy Penguins (@pudgypenguins) December 17, 2024 Shortly after the launch, PENGU was…

Solana has risen by 2% in the past 24 hours, bouncing up to $220 on a day when Bitcoin (BTC) has posted yet another all-time high. SOL is now up by 2.3% in a week, and while it’s actually down by 6.5% in a month, it remains up by a very solid 200% in a…

Decentralized derivatives trading platform Hyperliquid is making waves this week as HYPE soars to a new all-time high. Following its recent airdrop, HYPE has entered the top 30 cryptocurrencies, but what’s next for its price? Let’s take a look. This article dives into Hyperliquid’s seismic genesis event on November 29, which saw market excitement erupt…

Layer-1 blockchain protocol Saga announced the launch of its Mainnet 2.0, as well as a new collaboration with the major decentralized exchange (DEX) Uniswap. Mainnet 2.0 aims to transform blockchain economics and the way the blockchain industry approaches liquidity, the team said in a press release shared with Cryptonews. This step moves the team closer…

Tether, the company behind the world’s largest stablecoin USDT, has announced its investment in StablR, a European startup specializing in euro-denominated stablecoins. According to Tether’s press release from Dec. 17, by backing StablR, the company aims to increase the adoption of stablecoins in the European economy and expand its reach across the continent. The amount…

Unsurprisingly, families and friends are discussing Bitcoin (BTC) and cryptocurrency this holiday season. Documentaries focused on digital assets are gaining traction as a result. Crypto documentaries allow individuals to learn more about the ever-evolving blockchain ecosystem. Movies about cryptocurrency also demonstrate how digital assets extend beyond price action. Watching these documentaries provides viewers with unique…

While the Cardano price seems more bullish today, boasting a 3.68% gain, this momentum seemingly lacks the conviction seen earlier this month, bringing bullish projections to a halt. This has translated to heightened volatility on the weekly. In a step back from the significant ground covered in the early week, the top-ranking altcoin now trades…

The $ENA utility token underpinning crypto-native synthetic dollar protocol Ethena has risen 13% in the last seven days, outperforming market leaders Bitcoin ($BTC) and Ethereum ($ETH) over the same period. These gains are largely thought to be the result of a $12 million altcoin shopping spree by Donald Trump’s crypto project World Liberty Financial over…