Bitcoin
The first Bitcoin block was mined by Satoshi Nakamoto, the cryptocurrency’s pseudonymous creator, in 2009, and there are several interesting mysteries associated with it.
The approval of a spot Bitcoin ETF in the United States is likely to help spot ETF offerings — as well as Bitcoin’s overall development — in other parts of the world.
DeFi
The Dec. 31 breach capped a year when crypto hacks and scams totaled nearly $2 billion, down 50% from the previous 12 months.
Easing inflation and anticipation that the Fed may cut interest rates also helped to drive the price of bitcoin to its highest point in almost two years.
Ethereum
ARB’s milestone comes less than one week after OP, the token of rival layer-2 rollup Optimism, reached an all-time high.
The nonprofit organization announced plans to purchase joke and humor-based tokens for a $100 million portfolio “to recognize and encourage the culture and fun symbolized by meme coins.”
Business
The crypto exchange will delist eight tokens for failing to meet its listing criteria, including privacy tokens XMR, DASH, ZEC and ZEN.
A federal district judge issued summary judgments siding with the SEC in a case that resulted in $45 billion in losses, but ruled that the parties must move to a trial on fraud charges.
After recently agreeing to pay a total of roughly $7 billion to settle various U.S. criminal and civil charges, Binance reported that its user base grew from 130 million to 170 million this year.
Investors can navigate the end-of-year tax maze with expert insights on IRS tracking tactics, offsetting NFT losses and crucial tax considerations for crypto miners and stakers.