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…

Spot Bitcoin ETF inflows surge 90%, closing in on Satoshi Nakamoto’s BTC holdings

Inflows into U.S. spot Bitcoin ETFs surged by over 90% on Dec. 3 compared to the previous day, bringing their total holdings closer to matching the Bitcoin stash attributed to…

South Korean martial law catapults crypto trading volume to new record high with $34b

After the implementation of the South Korean martial law, the country’s five major crypto exchanges recorded a spot trading volume of over $34 billion in the past 24 hours, setting…

TRX, ADA, LINK and Other Altcoins Record Significant 24-Hour Price Surges

Key Points Altcoins recorded important price surges in the past 24 hours. Coins like ADA, TRX, LINK, and others surged above 10% today. Altcoin season is just getting started and…

Binance tops list of 17 crypto entities probed for tax evasion in India

Binance accounted for the highest Goods and Service Tax evasion among registered cryptocurrency exchanges in India, according to the Indian Finance Ministry. Responding to a parliamentary question regarding tax compliance…

Arbitrum One as the first layer-2 to reached $20 bilion in TVL

Arbitrum, a cryptocurrency network, has announced on its official account that its layer-2 platform has reached $20 billion in total value locked (TVL). Arbitrum on X’s post on Dec. 03 claimed that…

Phantom is safe from Solana Web3.js vulnerability; users are advised to upgrade soon

Phantom has confirmed that it has not been affected by a vulnerability discovered in the Solana library, i.e. Solana/web3.js. Phantom, a wallet provider running on the Solana (SOL) blockchain, confirmed…

Celcius founder plead guilty due to fraud charges

Celcius, a global crypto and Bitcoin mining company has faced a fraud case since last year. Now, the founder pleaded guilty and agreed to be jailed for 30 years. Alex…

Grayscale proposed Solana ETF to the commission: filings

Solana ETF is gaining more support to be released in the United States after Grayscale, following others’ moves to be proposed to the commission. Grayscale Investments, one of the biggest…

‘Bitcoin Jesus’ Roger Ver fights indictment and accuses U.S. government of overreach

Roger Ver is contesting a U.S. criminal indictment accusing him of evading $240 million in taxes from Bitcoin sales. Roger Ver, who was arrested in Barcelona in April 2024, has…