BitcoinBeginnerThe US, Japan, and South Korea have issued a joint warning about North Korea’s expanding cryptocurrency hacking attempts. In a recent statement, the three nations expressed deep concern over the North Korean regime’s persistent use of cyberattacks to fund its illicit weapons programs. The…
#altcoin#defi#hackers
BitcoinBeginnerIndian cryptocurrency exchange Mudrex has temporarily suspended cryptocurrency withdrawals until January 28, 2025. The company announced this decision on January 11th, citing the need to upgrade its compliance framework to enhance security and prevent misuse by bad actors. Mudrex emphasized that…
#altcoin#crypto#india
SolanaBeginnerMango Markets, a decentralized exchange (DEX) based on the Solana blockchain, has suspended operations following a settlement with the US Securities and Exchange Commission (SEC) and a number of obstacles. The SEC accused Mango DAO and the Blockworks Foundation of marketing unregistered…
#altcoin#cftc#defi
HyperliquidBeginnerHyperliquid, a layer-1 blockchain known for its high-performance perpetual exchange, faces a critical juncture. In a recent research note, asset manager VanEck highlighted the urgent need for Hyperliquid to attract a thriving developer community, VanEck said. The note emphasizes that Hyperliquid’s…
#altcoin#decentralization#defi
BitcoinBeginnerMorgan Stanley‘s E-Trade division is considering adding direct cryptocurrency trading services to its platform. This move comes amid expectations of a more favorable regulatory environment under the Trump administration. The wealth manager allegedly highlighted anticipation of a more favorable…
#altcoin#blackrock#coinbase
GeneralBeginnerThe Frax community has voted to approve a proposal to use BlackRock’s United States dollar Institutional Digital Liquidity Fund (BUIDL) as backing collateral for the Frax-USD (frxUSD) stablecoin. The proposal, identified as FIP-418, passed unanimously after six days of voting. This move signifies…
#altcoin#blackrock#defi
GeneralBeginnerTerraform Labs co-founder Do Kwon appeared before a US magistrate judge on January 2, 2025, and pleaded not guilty to charges in his first legal hearing since extradition to the US. The hearing was held in the Southern District of New York, where Kwon is charged with securities fraud, wire fraud,…
#altcoin
BitcoinBeginnerThe Internal Revenue Service (IRS) has announced temporary relief for taxpayers facing challenges with determining the cost basis of their cryptocurrency holdings. This move comes in response to the complexities surrounding cryptocurrency taxation and the evolving nature of the digital asset…
#altcoin#crypto#tax
BitcoinBeginnerA South Korean court has issued an arrest warrant for impeached President Yoon Suk Yeol, marking a historic moment in the country’s history. This decision comes after Yoon’s attempt to impose martial law earlier this month, which was met with widespread condemnation and led to his impeachment by…
#altcoin#court#crypto
GeneralBeginnerThe prominent venture capital firm Andreessen Horowitz (ai16z) is considering a significant overhaul of its tokenomics and exploring the launch of its own Layer-1 (L1) blockchain network. This move comes as part of the firm’s ongoing “agentic AI” project, which aims to develop a decentralized…
#ai#altcoin#daos
GeneralBeginnerThe Frax Finance community has launched a key vote to include BlackRock’s BUIDL token as a supporting asset for the Frax USD stablecoin. This proposal, currently under governance review, seeks to leverage the stability and security offered by BUIDL, a tokenized representation of BlackRock’s US…
#altcoin#blackrock#defi