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news-imageDecember 3, 2024

Demand Driving Asia Pacific Crypto Adoption, Unrealized China Potential: Report

A CoinDesk report on the growth of crypto in the Asia Pacific region shows that the area is witnessing a grassroots surge in cryptocurrency demand driven by people. CoinDesk's Christine Lee breaks down the APAC crypto movement on the "Chart of the Day.
Publisher: Coindesk
Sentiment: Positive
General

More News Articles

Positive
cover-imageBeInCrypto
December 4, 2024

Analysts Eye 6 Projects for Hyperliquid-Style Airdrop Strategies

Airdrop farmers remain nostalgic following the successful launch of Hyperliquid, which allocated 31% of its HYPE tokens to the community on day one. Its powering token, HYPE, surged 125% post-launch, with a $1.5 billion market cap, and does not show signs of stopping.

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Negative
cover-imageCrypto news
December 4, 2024

Australia's ASIC seeks stricter oversight of stablecoins, wrapped tokens

Australia's securities regulator has unveiled proposals for stricter oversight of the crypto market, aiming to enhance “consumer protection.” Australia is moving to tighten oversight of cryptocurrencies, pointing out “practical licensing issues” of stablecoins and wrapped tokens.

general-iconGeneral
Positive
cover-imageBitcoin
December 4, 2024

Vitalik Buterin Unveils Crypto Wallet Wish List

The Ethereum inventor emphasized potential privacy and security enhancements in a recently published blog post. Coinbase and Uniswap on Board With Vitalik's Suggestions for Improving Wallet Technology Vitalik Buterin published a 4,000-word blog post on Tuesday urging developers to prioritize wallet privacy and security.

general-iconGeneral
Positive
cover-imageBitcoinist
December 4, 2024

Crypto Exchanges Witness Historic Institutional Surge: Binance Takes the Lead in 2024

The cryptocurrency exchange market appears to have undergone a transformative shift in 2024, driven largely by a significant uptick in institutional activity. According to insights shared by CryptoQuant on its QuickTake platform, major exchanges are witnessing unprecedented growth in Bitcoin and USDT deposits.

general-iconGeneral
Positive
cover-imageThe Currency Analytics
December 4, 2024

Altcoin Market Surge: Top Altcoins Poised to Hit $1 in December

The altcoin market is experiencing a resurgence, with several coins that struggled during the bear market now on the verge of significant price movements. After XRP and Cardano (ADA) successfully surged past the $1 mark, many are speculating which altcoins will follow suit.

general-iconGeneral
Negative
cover-imageBitcoin
December 4, 2024

Crypto Scam Collapses: Icomtech Founders Sentenced for Ponzi Scheme Fraud

David Brend and Gustavo Rodriguez, key figures in the cryptocurrency Ponzi scheme Icomtech, have been sentenced to 10 and eight years in prison, respectively, for defrauding thousands of investors. Icomtech falsely marketed itself as a crypto trading and mining company, promising guaranteed daily returns.

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Negative
cover-imageCrypto news
December 4, 2024

Celcius founder plead guilty due to fraud charges

Celcius, a global crypto and Bitcoin mining company, has faced a fraud case since last year, and now the founder pleaded guilty due to the fraud charges.

general-iconGeneral
Positive
cover-imageCoinPedia
December 4, 2024

Coinbase Takes a Stand: No Business with Anti-Crypto Lawyers

Coinbase CEO Brian Armstrong declared that the company would cut ties with law firms that hire lawyers with an anti-crypto stance. He specifically called out Milbank LLP for hiring Gurbir Grewal, a former SEC enforcement director, saying it was a “mess up.” But why is this such a big deal for crypto? Let's dive in.

general-iconGeneral
Positive
cover-imageBitcoin
December 4, 2024

Coinbase Integrates Apple Pay for Seamless Fiat to Crypto Transactions

Coinbase's integration of Apple Pay marks another significant step forward in the global adoption of cryptocurrency. New Payment Feature for Coinbase Users Coinbase has announced the addition of a new feature to its Onramp app services with the integration of Apple Pay for fiat-to-crypto transactions.

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Negative
cover-imageCoingape
December 4, 2024

Bitcoin Jesus Roger Ver Fights US Indictment Alleging Tax Evasion: Details

Roger Ver, recognized in the crypto community as “Bitcoin Jesus,” is contesting an eight-count indictment brought by the U.S. Attorney for the Central District of California. Ver, known for his early investments in Bitcoin and advocacy for digital assets, is accused of failing to report $50 million in taxes on Bitcoin transactions valued at $240

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Negative
cover-imageBitcoin
December 3, 2024

South Korea Vows to Crack Down on Crypto Money Laundering

South Korea's financial regulator says it is taking steps to combat money laundering and other financial crimes involving virtual assets. Virtual Assets and Financial Crime The head of South Korea‘s financial services industry regulator recently vowed to crack down on those who use virtual assets for money laundering.

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Neutral
cover-imageCryptopolitan
December 3, 2024

Crypto.com offers hackers $2M to take their best shot at its security system

Crypto.com recently upgraded its bug bounty program with HackerOne by offering a $2M reward to any hacker able to spot vulnerabilities in its security system. While the bug bounty program with HackerOne is not a novel idea, the large sum attached to the announcement certainly drew a lot of attention worldwide.

general-iconGeneral
Negative
cover-imageCrypto news
December 3, 2024

U.S. government moved millions of seized FTX cryptos: Shiba-Ethereum

Billions of dollars in crypto from legal battles with several cryptocurrency companies were seized by the U.S. government, including FTX, and now they have moved it into another wallet. According to Arkham Intelligence data on Dec. 03, the U.S.

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Positive
cover-imageCoinspeaker
December 3, 2024

Yuga Labs Acquires Tokenproof's Tech Team to Enhance Web3 Innovation

Bored Ape Yacht Club creator Yuga Labs strengthens its Web3 presence by acquiring Tokenproof's technology team, integrating their expertise in NFT verification systems into their research and development division, The Workshop.

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Positive
cover-imageBitcoinist
December 3, 2024

Coinbase CEO Draws The Line: No Ties With Companies Employing Crypto Adversaries

With a second Donald Trump administration and friendlier crypto regulations on the horizon, many crypto investors and personalities have drawn their lines. Brian Armstrong, Coinbase CEO, said it's time to work only with companies and personalities with the same commitment to crypto and the blockchain.

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Negative
cover-imageCryptoSlate
December 3, 2024

Former Celsius CEO Alex Mashinsky pleads guilty, agrees to 30 years in prison

Alex Mashinsky, the former CEO of crypto lender Celsius, has pleaded guilty to two charges related to fraud and market manipulation, agreeing to a sentencing guideline of 30 years in prison. Mashinsky was indicted in July 2023 on seven counts, including fraud, conspiracy, and manipulation of the market for Celsius' token, CEL.

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Negative
cover-imageBeInCrypto
December 3, 2024

Former Celsius CEO Alex Mashinsky to Plead Guilty in Fraud Case

Alex Mashinsky, co-founder of Celsius Network, has pleaded guilty to fraud charges linked to his involvement in the cryptocurrency lender's collapse. The decision marks a significant development in ongoing legal proceedings tied to the broader fallout of the 2022 crypto winter.

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Negative
cover-imageCryptoSlate
December 3, 2024

Coinbase cuts ties with law firms hiring ex-regulators linked to crypto crackdown

Coinbase CEO Brian Armstrong announced the exchange would sever ties with law firms that hire former regulatory officials linked to what he describes as “unlawful” actions against the crypto industry. Armstrong's comments, made in a social media post on Dec. 3, follow news that former SEC Division of Enforcement Director Gurbir S.

general-iconGeneral
Positive
cover-imageCrypto Reporter
December 3, 2024

5 Smart Cryptocurrency Picks for 2024 to Boost Your Investments

What drives your crypto investment decisions? Is it the buzz around emerging technologies, the practical solutions they bring, or the promise of exponential returns? With 2024 shaping up to be a game-changing year for blockchain projects, finding the best cryptos to buy this week could be the difference between an average portfolio and one that

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