Bitcoin ‘Santa Claus rally’ hopes dwindle as price hits December low
Bitcoin has fallen 14.5% from its peak high this month as the cryptocurrency dipped below $92,500 this week.
TeraWulf to lease 70 MW to host AI as Bitcoin mining costs jump
TeraWulf is looking to expand into the red-hot AI space as Bitcoin mining difficultly climbs and profitability shrinks.
Hyperliquid net outflows top $250M amid fears over North Korea hackers
Hyperliquid has seen over $256 million in net outflows as security experts revealed that North Korean threat actors had been trading on the platform.
Crypto payments firm MoonPay mulls $150M Helio acquisition: Report
MoonPay is reportedly looking to acquire Helio Pay for around $150 million, adding to the crypto firm’s merchant service offerings.
Aave mulls Chainlink integration to return MEV fees to users
The DeFi protocol aims to capture around 40% of MEV profits from adding Chainlink’s new oracle service.
Here’s what happened in crypto today
Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.
IRS doubles down on crypto staking taxes — Report
The US tax agency denied arguments from a second lawsuit brought by Joshua and Jessica Jarrett over staking rewards.
Crypto.com launches US institutional custody service
The move is part of the exchange’s broader plan to expand its US presence following the election of Donald Trump.
Malaysia flags Atomic Wallet as unauthorized operation
The wallet service provider was subjected to a more than $100 million hack in 2023.
December market correction drags down crypto ETPs by $17B
Despite price corrections, digital asset funds closed the week with positive net flows totaling $308 million.