Bitcoin Buyer Quietly Accumulates $424M of BTC in 3 Weeks
An unknown entity has bought 11,268 bitcoin [BTC] worth $424 million since November 10 in what appears to be a time-weight average price (TWAP) accumulation strategy.
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Dogecoin Funded SpaceX ‘Doge-1’ Moon Mission Gets a Step Closer to Launch
Doge-1 is a cube satellite that will orbit the moon and broadcast a video feed.
Digital Asset Platform Coinchange Raises $10M to Scale API Yield Service
The funding round was led by G1.VC, Spirit Blockchain, Good News Ventures, K2.CA and Atoia Ventures, with Mintfox also participating.
UK to Hit Crypto Users With Penalties for Unpaid Taxes
The Treasury encouraged users to voluntarily disclose unpaid income or capital gains tax from crypto, NFT and utility token holdings.
Philippines Security Regulator Warns Binance Is Operating Without a License
The regulator is also seeking to have the platform blocked in the country.
Troubled Crypto Exchange Zipmex Proposes to Pay Creditors 3.35 Cents on the Dollar: Bloomberg
The Singapore-based firm has proposed to pay creditors 3.35 cents on the dollar in its latest restructuring plan, according to Bloomberg, which cites people familiar with the matter.
Central Bank Project Shows CBDC Payments Can Be Private
The project is a first step in exploring privacy, security and scalability for central bank digital currency design, a report on the BIS initiative said.
Solana Leads Layer-1 Token Gains as Bitcoin Crosses $38K
Crypto market capitalization rose 2.3% in the past 24 hours.
Aave’s GHO Stablecoin Nears Elusive Dollar Peg
The asset, which has been valued at less than $1.00 for nearly all of its life, gained ground this week and rallied to $0.985 for the first time since August. Its volatile gains aren’t doing anything to fix GHO’s reputation as a not-so-stablecoin, but they do set the token close to the levels one might expect from an asset that’s […]
Coinbase CEO Says Binance Settlement Will Turn the Page on Crypto’s ‘Bad Actors’
Coinbase CEO Brian Armstrong says the industry can finally close the chapter of bad actors after the recent settlement between Binance and the U.S. Department of Justice.