The Lido community has voted to end staking services on Polygon, due to significant challenges that has limited adoption. Lido Shuts Down Polygon Staking Lido Finance has announced it will be effectively discontinuing its staking service on Polygon. According to a Dec. 16 blogpost, the decision was reached after an extensive decentralized autonomous organization (DAO) […] Source: https://news.bitcoin.com/lido-ends-staking-on-polygon-refocuses-on-ethereum/
Month: December 2024
Bitwise launches Solana staking ETP in Europe amid US approval delays
Bitwise’s new Solana staking ETP, BSOL, enters the European market with competitive rewards and low fees, surpassing rivals. Source: https://cointelegraph.com/news/bitwise-launches-solana-staking-etp-europe-bsol?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
How to buy a car with Bitcoin (BTC) in 2025
You can buy a car with Bitcoin in 2025 — explore the benefits, risks and top crypto-friendly dealerships, along with essential tips for a smooth purchase. Source: https://cointelegraph.com/news/how-to-buy-a-car-with-bitcoin-btc-in-2025?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
French Bybit Users Face Service Shutdown—Withdrawals End in Weeks
Crypto exchange Bybit will cease withdrawal and custody services for French users starting Jan. 8, 2025, citing regulatory changes, urging users to withdraw assets promptly to avoid disruptions. Bybit to End Withdrawals in France Bybit, a global cryptocurrency exchange, has announced it will no longer provide withdrawal and custody services to users in France, starting […] Source: https://news.bitcoin.com/french-bybit-users-face-service-shutdown-withdrawals-end-in-weeks/
UK floats letting AI train on copyright works in industry consultation
One of four policy proposals floated by the UK in an AI and creative industry consultation would see AI firms allowed to use copyrighted material without the right holders’ permission. Source: https://cointelegraph.com/news/uk-floats-letting-ai-train-on-copyright-works-in-industry-consultation?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin funding rate signals no signs of ‘late-cycle overheating’ — Analyst
The Bitcoin funding rate over the 30-day EMA signals “no visible signs of late-cycle overheating,” according to a crypto analyst. Source: https://cointelegraph.com/news/bitcoin-funding-rate-signs-no-late-cycle-overheating-analyst?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Metaplanet tips first operating profit in 7 years, boosted by Bitcoin
Metaplanet projects it will turn its first operating profit since 2017 and said it wants to go beyond just buying Bitcoin as part of its treasury strategy. Source: https://cointelegraph.com/news/metaplanet-projects-first-profit-in-7-years-bitcoin?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Wyoming Senator Cynthia Lummis: ‘2025 Will Be the Year for Bitcoin and Digital Assets’
Wyoming Senator Cynthia Lummis, known as the “Bitcoin Senator,” has identified 2025 as a pivotal year for Bitcoin and crypto, with several proposed policies and key government positions expected to converge and spur change. “With David Sacks as Crypto Czar, this will be the most pro-digital asset administration ever,” Lummis wrote on X. “I look forward to working closely with…
Seized Bitcoin Triples in Value, Helping Fraud Victims Recover Losses
Law enforcement’s swift action seized $900,000 in bitcoin from a Nigerian fraud scheme, and its soaring value may fully reimburse victims of a $1 million scam. Bitcoin Boom: Law Enforcement’s Quick Move Recovers Millions for Scam Victims The U.S. Attorney’s Office for the Western District of Washington announced on Monday that bitcoin seized during a […] Source: https://news.bitcoin.com/seized-bitcoin-triples-in-value-helping-fraud-victims-recover-losses/
Phishing scammers spoof Ledger’s email to send bogus data breach notice
Scammers are spoofing the support email for hardware wallet maker Ledger, prompting users to share their seed phrases under the pretense of checking for a compromise. Source: https://cointelegraph.com/news/ledger-support-email-spoofed-fake-data-breach-phishing-link?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound