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Australia’s financial crime watchdog on Friday launched a cryptocurrency task force to identify and penalize crypto ATM providers violating anti-money laundering laws. AUSTRAC said the task force aims to ensure digital currency exchanges (DCEs) offering crypto ATM services meet minimum standards. The initiative seeks to enforce strong practices to prevent these machines from being used…

Spot Ether exchange-traded funds (ETFs) in the United States recorded their largest single-day inflow on December 5. According to data from Farside Investors, the nine spot Ether ETFs collectively saw $431.5 million in inflows, marking the ninth consecutive trading day of net positive flows for the surging cryptocurrency. This inflow surge surpassed the previous record…

President-elect Donald Trump on Thursday night named venture capitalist and ex-PayPal COO David Sacks as his administration’s “AI and crypto czar.” “In this important role, David will guide policy for the Administration in Artificial Intelligence and Cryptocurrency, two areas critical to the future of American competitiveness,” Trump said in a Truth Social post. “David will…

Crypto exchange regulations are “distorting” and rendering the Argentinian sector “inefficient,” an influential Bitcoin-promoting NGO has claimed. Bitcoin Argentina, one of the nation’s top pro-crypto pressure groups, made its claims in an official statement published on December 4. The NGO claimed that the National Securities Commission (CNV)’s move to force all crypto exchanges in the…

GameStop Corp. ($GME) shares experienced a massive boost on Thursday after a cryptic post by Keith Gill, the influential figure behind the 2021 “meme stock” frenzy. The post immediately reignited investor interest, causing GameStop’s shares to spike and the Roaring Kitty meme to pump. Roaring Kitty’s Cryptic Post Sends $GME Stock Soaring 15% – What’s…

22-year-old Haliey Welch, also known as Hawk Tuah girl, is facing controversy Thursday after the launch of her $HAWK coin, which sparked concerns about a pump-and-dump scheme. Hawk Tuah Girl Haliey Welch’s Disastrous Crypto Launch According to reports, $HAWK’s market cap ballooned to $490 million before swiftly plunging 91% shortly following its launch on Wednesday,…

Sol Strategies, a Canadian company focused on investing in and supporting the Solana blockchain ecosystem, formally applied for listing on the Nasdaq Stock Market on December 5. This development marks a big step in the company’s plan to attract institutional investors and broaden its market reach. The company will continue trading on OTC and Canadian…

Michael Saylor-created software firm MicroStrategy surged over eight percent on Thursday after Bitcoin finally crossed its long-awaited $100k mark late Wednesday. MicroStrategy Up After Bitcoin Hits $100k The Virginia-based company, which has been buying up Bitcoin under Saylor’s direction since 2020, saw highs of greater than eight percent Thursday morning. Meanwhile, Bitcoin continued to trend…

Solana-based non-custodial cryptocurrency wallet Phantom announced on December 5 that it has integrated Web3 payments provider Transak to simplify crypto access and improve the user experience. The wallet update will allow Phantom users worldwide to make crypto purchases with transaction limits of up to $75,000. Solana Transactions via Phantom Increase Meld, a platform specializing in…

India Blockchain Week, held on 4th-5th December, drew attendees from all over the world to the country’s tech city of Bengaluru. Organized by the venture capital firm Hashed Emergent, IBW saw calls for web3 focused regulations in India amid security concerns in the wake of WazirX hack earlier this year. Discussions also centered on DeFi,…