Security News

Today in crypto, Ripple chief technical officer David Schwartz speaks out against debanking, falling Bitcoin dominance hints at an altcoin rally in December, and spot Ether ETFs reached a new record for daily inflows Ripple CTO David Schwartz speaks out against debanking Ripple chief technical officer David Schwartz spoke out against Operation Chokepoint 2.0 — joining a […]

Ripple chief technical officer David Schwartz recently joined the list of tech founders speaking out against Operation Chokepoint 2.0 — a government-run debanking operation against the crypto industry. Schwartz said the government is “addicted to indirect regulation” and laid out four reasons why de-banking undermines the rule of law. Schwartz argued that debanked entities switch […]

Despite the steady increase in research activity, central bankers are showing rapidly decreasing enthusiasm for central bank digital currency (CBDC), the Official Monetary and Financial Institutions Forum (OMFIF) think tank has found in its annual Future of Payments survey. CBDCs only look good to some central banks Interlinking instant payment systems, such as the comparatively new […]

The recent surge in the popularity of memecoins has intensified pressure on cryptocurrency exchanges to identify and eliminate dubious projects, safeguarding users, according to a crypto exchange executive. “The team does a lot of due diligence on the founders of the project, who is involved, and what’s potentially on their roadmap,” crypto exchange Binance chief […]

Decentralized finance (DeFi) protocol Hyperliquid has entered the ranks of the largest airdrops in history with its genesis event on Nov. 29, when it distributed 310 million HYPE tokens to its community. At the launch, the HYPE token was valued at $3.90, placing the total distribution at $1.2 billion, according to data from CoinGecko. The […]

Solv Protocol is preparing to launch an “onchain MicroStrategy” to bring yield-bearing Bitcoin BTC$96,782 reserves to decentralized finance (DeFi), Solv’s co-founder Ryan Chow said in a Nov. 29 X post. “We’re building the first-ever On-Chain MicroStrategy — a transparent, permissionless platform that transforms Bitcoin from a passive store of value into an active financial powerhouse,” Chow said. According […]

Ether ETH$3,570.50 price is set for more upward momentum based on growing investor interest and expectations of more positive crypto regulations leading into 2025, which could set it up for a rally above $4,000. Ether has outperformed Bitcoin BTC$96,605 in open interest, with over $8.9 billion worth of open contracts, compared to Bitcoin’s $6.7 billion. ETH vs BTC open […]

Taiwan advanced the introduction of its new Anti-Money Laundering (AML) regulations for cryptocurrency businesses after authorities fined two crypto exchanges for violations. On Nov. 27, the Financial Supervisory Commission (FSC) announced that the upcoming money laundering prevention registration mandate for crypto exchanges was shifted to Nov. 30 from the previous Jan. 1, 2025 deadline. Per the previous […]

Google asked a United States appeals court to toss a lower court’s ruling in Epic Games’ antitrust suit that would force it to allow third-party app stores and payment solutions through its Play Store marketplace. The lower court decision would open Google’s app store and apps to other payment systems, including crypto-supporting ones. Google argued […]

Shares in the China-based financial services conglomerate SOS Ltd jumped over 40% after pledging to buy $50 million worth of Bitcoin — the latest in a string of firms to buy up the rallying cryptocurrency. The company, which operates a Bitcoin BTC$95,709 mining facility in Wisconsin, said on Nov. 27 that its board of directors approved the $50 million purchase […]