New meme coin index project Meme Index ($MEMEX) has launched its highly anticipated ICO, raising over $410,000 within the first few days. 2024 has been a strong year for meme coins – reaching a collective market cap of $137 billion, a 58% increase from $86.5 billion in 2023. Unlike utility tokens or DeFi projects, meme … Read more
The Singapore-based digital asset exchange giant Crypto.com plans to offer custody services for high-net-worth individuals and institutions in the US and Canada. This week, the exchange announced the launch of a US trust company to enable the new services. Crypto.com also plans to shift all US and Canadian customer digital assets to the new trust … Read more
Digital currencies took center stage as crypto continued to enter the realm of mainstream entertainment and political parlance.
On Christmas Eve, the 12 spot bitcoin exchange-traded funds (ETFs) experienced outflows totaling $338.38 million, while the nine spot ether ETFs enjoyed inflows of $53.54 million. Bitcoin ETFs Falter as Ether ETFs Rally in Market Tug-of-War Tuesday marked the fourth consecutive day of losses for the spot bitcoin ETFs, with $338.38 million leaving the sector. … Read more
Despite its humorous name, Fartcoin has proven itself as a meme coin to be taken seriously by traders and investors across the globe. Having risen by 19% in the past day alone to hit $1.13, Fartcoin is well on its way to the next target of $2, having now become one of the top 10 … Read more
On Dec. 31, Israel’s asset managers will launch six mutual funds tracking Bitcoin’s price movements.
Israel is set to introduce six Bitcoin-linked mutual funds on Dec. 31, marking a significant step in the country’s crypto investment landscape. local media outlets Calcalist and Globes reported.s The funds were introduced by Migdal Capital Markets, More, Ayalon, Phoenix Investment, Meitav, and IBI. According to the report, the Israel Securities Authority (ISA) approved these … Read more
Crypto hacks in 2024 caused nearly $3 billion in damages, with access control flaws driving 78% of the losses, data shows. 2024 proved to be another challenging year for blockchain security, with nearly $3 billion lost to crypto hacks, according to Hacken’s latest research report. Although the total financial impact was on par with 2023, … Read more
Twas the night before Christmas, and all on the chain, Bitcoin was soaring, with no hodler in pain. The bulls had returned, sleighing bears left and right, now six figure Bitcoin was an everyday sight. All miners were buzzing, hash rates on the rise, securing the network under wintery skies. Our Lambos were gleaming, parked … Read more
Turkey is raising the bar on cryptocurrency regulations by implementing stricter anti-money laundering (AML) measures effective February 2025. This new regulation requires individuals to disclose identification when transacting amounts exceeding 15,000 Turkish Liras, or approximately $425, signaling a shift towards greater financial transparency in the crypto sector. According to COINOTAG, “These measures reflect a growing … Read more