The most recent news about crypto industry at Cointelegraph. Latest news about bitcoin, ethereum, blockchain, mining, cryptocurrency prices and more.
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Aave mulls Chainlink integration to return MEV fees to users
Aave is mulling integrating a new Chainlink oracle designed to redirect profits from transaction frontrunning to the decentralized finance (DeFi) protocol’s users, according to a proposal in Aave’s governance forum. On Dec. 23, decentralized oracle provider Chainlink released Smart Value Recapture (SVR), an oracle service specializing in capturing profits from maximum extractable value (MEV) to…
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Crypto.com launches US institutional custody service
Crypto.com has launched an institutional cryptocurrency custody service in the United States as part of a broader plan to expand its presence in the country, the crypto exchange said on Dec. 23. Dubbed Crypto.com Custody Trust Company, the chartered trust is eligible to custody assets for US institutions and high-net-worth individuals, Crypto.com said. Digital assets…
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Crypto.com launches US institutional custody service
Crypto.com has launched an institutional cryptocurrency custody service in the United States as part of a broader plan to expand its US presence, the crypto exchange said on Dec. 23. Dubbed Crypto.com Custody Trust Company, the chartered trust is eligible to custody assets for US institutions and high-net-worth individuals, Crypto.com said. Digital assets held by…
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Nokia files patent for digital asset encryption device and program
Finnish telecom company Nokia filed for a patent on a “device, method and computer program” that can encrypt digital assets. On Dec. 23, the China National Intellectual Property Administration (CNIPA), patent office of the People’s Republic of China, disclosed that Nokia Technologies had applied for the digital asset encryption patent. According to English translations of…
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La Rosa Holdings to offer Bitcoin payments for real estate agents
Nasdaq-listed firm La Rosa Holdings (LRHC) will integrate Bitcoin (BTC) and cryptocurrency payment options for its network of more than 3,000 real estate agents in the United States. According to a Dec. 23 announcement, the company will allow agents to receive commissions in digital assets. The company provides a platform, La Rosa Realty, that helps…
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SUI, BGB, ENA and VIRTUAL show strength as Bitcoin looks for direction
Bitcoin (BTC) is down roughly 8% for the week, but a positive sign is that the bulls aggressively purchased the weekly lows. After the recovery, analysts remain divided on the next directional move. Some expect the correction to deepen, while others anticipate the uptrend to resume. Bitcoin’s rebound on Dec. 20 failed to attract investors…
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Metaplanet buys the dip with biggest-ever 620 Bitcoin buy
Japanese investment firm Metaplanet has made its largest-ever single Bitcoin purchase, scooping up nearly 620 Bitcoin as the cryptocurrency trades below $100,000. On Dec. 23, Metaplanet announced that it had scooped up 619.7 Bitcoin (BTC) worth just under $60 million, with Bitcoin trading at around $96,000. It is the largest single purchase the firm has…
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EigenLayer restaking protocol’s slashing testnet now live
Restaking protocol EigenLayer’s slashing testnet went live on Dec. 20, with a mainnet launch pending approval of EigenLayer Improvement Protocol-002 (ELIP-002). The potential slashing upgrade will introduce Unique Stake Allocation for node operators and Operator Sets for Actively Validated Services (AVS) on EigenLayer. EigenLayer’s Actively Validated Services are projects that leverage the security of the…
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Securitize proposes BlackRock BUIDL fund as collateral for Frax USD
Securitize, the brokerage firm for the tokenized BlackRock US dollar Institutional Digital Liquidity Fund (BUIDL), has submitted a Frax improvement proposal to add BUIDL as backing collateral for the Frax USD stablecoin. According to the improvement proposal, using BUIDL as a collateral reserve asset provides yield opportunities, deeper liquidity and transfer options, and reduced counter-party…
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Securitize proposes BlackRock BUIDL fund as collateral for Frax USD
Securitize, the brokerage firm for the tokenized BlackRock US dollar Institutional Digital Liquidity Fund (BUIDL), has submitted a Frax improvement proposal to add BUIDL as backing collateral for the Frax USD stablecoin. According to the improvement proposal, using BUIDL as a collateral reserve asset provides yield opportunities, deeper liquidity and transfer options, and reduced counter-party…
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Trump nominates Stephen Miran as Council of Economic Advisors chairman
President-elect Trump has nominated economist and former advisor Stephen Miran as the chairman of the Council of Economic Advisors, which will counsel the Executive Branch on economic policy and strategy. Miran previously served as a senior advisor for economic policy at the United States Treasury Department under the first Trump administration. During a recent episode…
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Jump Crypto subsidiary Tai Mo Shan settles with SEC for $123 million
Tai Mo Shan, a subsidiary of Jump Crypto, agreed to settle with the United States Securities and Exchange Commission (SEC) for $123 million on Dec. 20 for misleading investors about the stability of the TerraUSD (UST) algorithmic stablecoin before its collapse. According to the SEC, Tai Mo Shan penned an agreement with Terraform to purchase…
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Hodler’s Digest, Dec. 15 – 21 – Cointelegraph Magazine
Top Stories of The Week Hawk Tuah influencer speaks out after memecoin rug pull allegations Haliey Welch, the influencer behind the viral “Hawk Tuah” video clip, has released a statement after a memecoin bearing her handle was pumped and dumped quickly after its December launch. In a Dec. 20 X post, Welch said she was…
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Former Binance.US CEO Brian Brooks takes board seat at MicroStrategy
Bitcoin bull Michael Saylor’s MicroStrategy has brought former Binance.US CEO Brian Brooks and two other executives onto its board. The appointments follow Nasdaq’s recent announcement of MicroStrategy’s inclusion in the Nasdaq 100. Brian Brooks, Jane Dietze — who also sits on Galaxy Digital’s board — and Gregg Winiarski, chief legal officer at Fanatics Holdings, have…
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Hodler’s Digest, Dec. 15 – 21 – Cointelegraph Magazine
Top Stories of The Week Hawk Tuah influencer speaks out after memecoin rug pull allegations Haliey Welch, the influencer behind the viral “Hawk Tuah” video clip, has released a statement after a memecoin bearing her handle was pumped and dumped quickly after its December launch. In a Dec. 20 X post, Welch said she was…
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Hodler’s Digest, Dec. 15 – 21 – Cointelegraph Magazine
Top Stories of The Week Hawk Tuah influencer speaks out after memecoin rug pull allegations Haliey Welch, the influencer behind the viral “Hawk Tuah” video clip, has released a statement after a memecoin bearing her handle was pumped and dumped quickly after its December launch. In a Dec. 20 X post, Welch said she was…
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Ethereum NFT collections drive weekly volume to $304M
Ethereum-based non-fungible token (NFT) collections surged last week, driving the overall digital collectible weekly sales volumes to $304 million. On Dec. 21, data tracker CryptoSlam reported that Ethereum NFTs experienced a 76% week-on-week increase, reaching $201 million in sales volume. This represents 66% of all NFT sales volume over the past seven days. By comparison,…
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Price analysis 12/20: BTC, ETH, XRP, SOL, BNB, DOGE, ADA, AVAX, LINK, TON
A solid recovery in Bitcoin price is a hint that bulls have not given up on BTC and altcoins as they continue to buy dips below key support levels.
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Spacecoin XYZ launches first satellite in outer space blockchain network
Spacecoin XYZ has launched its first-ever satellite into orbit, marking the project’s first step toward bringing a fleet of satellites online that would allow blockchain networks to be secured in outer space. Speaking to Cointelegraph, Spacecoin XYZ co-founder Daniel Bar said the first officially standardized satellite was the first major milestone in bringing the “Spacecoin…
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BTC price stampedes to $99.5K hours after record Bitcoin ETF outflow
Bitcoin (BTC) neared $100,000 on Dec. 21 after a “monster” BTC price bounce delivered snap upside. BTC/USD 1-hour chart. Source: Cointelegraph/TradingView BTC price starts weekend with sudden rebound Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as it gained $7,000 in under 24 hours. After liquidating leveraged long positions with a trip back to…