Day: December 30, 2024

Bybit Faces Ban in Malaysia

Malaysia’s Securities Commission (SC) has taken enforcement action against Bybit, a global cryptocurrency exchange, and its CEO Ben Zhou, for operating without proper registration. The SC announced on Friday that Bybit must suspend its website, mobile apps, and digital platforms in Malaysia within 14 business days starting December 11. Additionally, the exchange has been ordered […]

Ether Long-Term Holders Surge as Bitcoin Declines

The number of long-term Ether (ETH) holders has steadily increased throughout 2024, reflecting growing confidence in the asset as the year ends. According to a Dec. 30 post by IntoTheBlock, 75% of Ether holders now qualify as long-term, compared to 59% in January. In contrast, the percentage of long-term Bitcoin (BTC) holders has dropped from […]

Solana Co-Founder Sued Over Crypto Dispute

Stephen Akridge, co-founder of Solana and former principal engineer at Solana Labs, is facing a lawsuit from his ex-wife, Elisa Rossi, over allegations of secretly profiting from staking rewards tied to her Solana (SOL) tokens. The lawsuit, filed in San Francisco’s Superior Court on December 24, claims Akridge earned “millions of dollars” from staking her […]

Michael Saylor Hints at More Bitcoin Buys

Michael Saylor, co-founder of MicroStrategy, has once again sparked speculation about the company’s next big Bitcoin acquisition. On December 28, Saylor shared cryptic remarks on social media platform X, referencing the SaylorTracker portfolio, which monitors MicroStrategy’s Bitcoin purchases. “Disconcerting blue lines on SaylorTracker,” he wrote, leaving followers to speculate that another significant buy could be […]

Hackers Pose as Crypto Recruiters to Deliver Malware

Cybercriminals have devised a sophisticated new method to exploit unsuspecting victims by posing as recruiters from reputable cryptocurrency firms. This scam, recently detailed by blockchain expert Taylor Monahan, uses fake job interviews to trick victims into downloading malware. How the Scam Works Hackers approach victims on platforms like LinkedIn, Telegram, Discord, and freelancer websites, advertising […]

El Salvador Highlights Bitcoin Success in Diplomatic Talks

El Salvador’s Vice President Félix Ulloa recently highlighted the nation’s Bitcoin success during a meeting with Chinese Ambassador Zhang Yanhui on December 23. The discussions, aimed at strengthening diplomatic ties, focused on digital connectivity, economic growth, and El Salvador’s efforts to position itself as a regional hub for technology and innovation. Advancing Key National Projects […]