Australia has a total of 1,359 Bitcoin ATMs, which is about 3.5% of all crypto ATMs in the world. Source: https://cointelegraph.com/news/bitcoin-atm-growth-australia-2024?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Month: December 2024
Crypto Industry Strikes Back: Lawsuit Challenges ‘Unconstitutional’ IRS Regulations
The Blockchain Association, the Defi Education Fund, and the Texas Blockchain Council are preparing to fight back against the recently finalized so-called crypto ‘broker’ rules issued by the Treasury and the IRS. The coalition asserts that these rules are unconstitutional and represent regulatory overreach by these agencies. Crypto Coalition Files Lawsuit to Push Against IRS […] Source: https://news.bitcoin.com/crypto-industry-strikes-back-lawsuit-challenges-unconstitutional-irs-regulations/
250,000 Users in 2 Months: MTT SPORTS Suggests New Opportunities
PRESS RELEASE. Since its launch two months ago, the esports platform MTT Sports has quickly gained widespread attention from players worldwide. As of December 23, the platform has attracted nearly 250,000 participants over the course of 12 weeks of tournaments, demonstrating its immense market potential and growth prospects. MTT Network, the blockchain infrastructure behind MTT […] Source: https://news.bitcoin.com/250000-users-in-2-months-mtt-sports-suggests-new-opportunities/
Winners and losers of 2024: A year of all-time highs, hacks and hodling
Crypto lawyers, Bitcoin hodlers and memecoin entrepreneurs were some of the biggest winners of 2024. Source: https://cointelegraph.com/news/crypto-winners-losers-2024-hacks-hodling?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Squid Game token scams flood the market
As Netflix released Squid Game Season 2 after Christmas, tokens of the same name flooded the crypto markets. Source: https://cointelegraph.com/news/squid-game-tokens-scam-alert-2024?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Blockchain Sleuth Warns of New Crypto-Focused Social Engineering Exploit
Tay, a well-known blockchain security investigator, has reported on a new social engineering scheme targeting the cryptocurrency industry. She explained that industry workers are at risk, as attackers pose as field executives offering high-paying job opportunities. Social Engineering Schemes Come to the Crypto Industry: New Exploit Unveiled Social engineering-based schemes are on the rise and […] Source: https://news.bitcoin.com/blockchain-sleuth-warns-of-new-crypto-focused-social-engineering-exploit/
Expert: D.O.G.E. Needs Real-Time Data for Economic Decision Making
Stefan Rust, CEO of Truflation, says the Department of Government Efficiency (D.O.G.E.) needs to rethink how the U.S. government measures and manages the economy’s health using real-time metrics. D.O.G.E. Must Champion More Responsive Policies Stefan Rust, the CEO of Truflation, says his open letter to D.O.G.E. is intended to encourage its leaders, Elon Musk and […] Source: https://news.bitcoin.com/expert-d-o-g-e-needs-real-time-data-for-economic-decision-making/
Memecoins lose momentum as $40B lost in December
Memecoins surged to as high as $137 billion in December before falling to as low as $92 billion in the same month. The memecoin market lost over $40 billion in December, with traders witnessing massive volatility and shifting opportunities. Source: https://cointelegraph.com/news/memecoins-market-cap-december-decline?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Japan Hesitates on Bitcoin Reserve, While US Debate Rages
The Japanese government says discussions about making bitcoin (BTC) a reserve asset are still in the early stages. Lawmaker Urges Japan to Emulate the US The Japanese government says discussions about making bitcoin (BTC) a reserve currency are still in their early stages, making it difficult to express a view on the topic. Prime Minister […] Source: https://news.bitcoin.com/japan-hesitates-on-bitcoin-reserve-while-us-debate-rages/
Altcoin ‘euphoria’ phase begins once market cap jumps 16% — Trader
A crypto trader says the TOTAL3 market cap needs to rise around 16% before “euphoria” sets in, and until then, the market could remain “choppy.” Source: https://cointelegraph.com/news/altcoin-crypto-market-euphoria-phase-begins-trader?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound