This report will provide some essential and quick news about the cryptocurrencies happening worldwide.
1) The Turkish Central Bank Announced The Digital Turkish Lira In A Press Release
The Central Bank of the Republic of Turkey (CBRT) released a statement that included a thorough report on the digital Turkish lira. The Central Bank of the Republic of Turkey (CBRT) published a thorough assessment report that detailed the first phase of the Digital Turkish Lira Project’s research. The methods used in the project and the outcomes of the pilot tests are detailed in this report…[continue reading]
2) DOJ Puts A Hold On SBF’s Second Trial
The recent decision of the US Department of Justice (DOJ) to disregard a second trial against Sam Bankman-Fried (SBF), which has sparked uproar among the crypto community, has sparked protests and inquiries about campaign finance transparency. Prosecutors said in a letter they sent on December 29 that the case needed to be resolved quickly because of the high level of public interest in it…[continue reading]
3) Vaneck Drops New Bitcoin Ad Ahead Of Possible Spot ETF Approval
VanEck releases a new Bitcoin advertisement less than two weeks before potential spot ETF approval. The new Bitcoin ad that major financial management company VanEck has launched has the Bitcoin community buzzing with anticipation and speculation. There is a lot of buzz around the potential SEC approval of Spot Bitcoin ETFs, which is why the announcement couldn’t come at a better time…[continue reading]
4) Immunefi Claims 2023 Attacks And Scams Cost Crypto Users $1.8 Billion
Lazarus Group continued to be the most prolific attacker in 2023, causing crypto users to lose $1.8 billion in a variety of hacks and scams. According to a study released on Thursday by bug bounty platform Immunefi, crypto consumers lost $1.8 billion in 2023 due to a variety of hacks, flaws, scams, and rug pulls. Despite a 54 percent drop from $3.9 billion in 2022, the sector lost 319 occurrences in 2023, a 90 percent rise…[continue reading]
5) Korean Market Demand For bitcoin highly robust
The Korea Premium Index peaked in November 2021, about the same time as Bitcoin did. December saw a meteoric rise in the Korean Premium Index, a key indicator of the purchasing power of the South Korean market, which tracks Bitcoin. After analyzing CryptoQuant, AMBCrypto has determined that the index is already at levels comparable to Bitcoin’s high in November 2021…[continue reading]
6) Hong Kong Took The Lead In 2023 When It Came To Changes In The Crypto Regulatory Environment In Asia
Several international cryptocurrency companies have expanded to Singapore and Hong Kong this year, suggesting that these two jurisdictions may take the lead in crypto regulation in Asia. There have been substantial and rapidly progressing changes to the regulatory environment in Asia pertaining to the crypto business as the year winds down. Particularly in its pursuit of becoming a center for crypto and Web3 innovation, Hong Kong has been a frontrunner…[continue reading]
7) SEC Requests Final Modifications To Identify Bitcoin ETF Filings
Final revisions to spot Bitcoin ETF filings are due to the US Securities and Exchange Commission (SEC) on December 29, 2023. According to reports, the US Securities and Exchange Commission (SEC) has imposed a deadline for the final revisions to Bitcoin ETF proposals pending before it…[continue reading]
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