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CoinCodeCap WeekInFocus: December 3, 2023
WeekInFocus is your ally in plugging in the gaps in the news you might have missed during the course of the previous week. Beyond that, it serves as a catalyst for your professional and personal development by introducing you to new ideas and exciting job opportunities. Join us in accepting both what is occurring and what is conceivable.
NFT Marketplace Aqua Shuts Down Amid Funding Issues
Sam Bankman-Fried Forgoes Post-Trial Motions, Lawyers Confirmed
GRT eyeing Huge Breakout: Don’t Miss Out!
Binance VIP Users Informed of Historic Penalty Months in Advance
Key takeaways: In a revelation that sheds light on Binance’s clandestine dealings, reports suggest that the crypto exchange’s major traders were let in on the
FTX and Alameda Move $10.8M to Binance, Coinbase, and WintermuteÂ
Key takeaways : In a recent turn of events, wallets associated with the defunct crypto trading firms FTX and Alameda Research have moved $10.8 million
Ethereum set for Upward Rally!
Ethereum is the biggest cryptocurrency by market value if we exclude Bitcoin and its also the most used platform for decentralized applications (DApps) and smart contracts.
Celsius at Regulatory Crossroads: New Review Looms on Bitcoin Mining Shift
Celsius Network may need to get a new vote from creditors before moving forward with its ambition to become a Bitcoin mining company.
Circle Firmly Denies Allegations of Illicit Financing and Any Association with Justin Sun
USD Coin stablecoin issuer Circle refuted allegations of illegal funding and connections to Justin Sun, the founder of Tron.
Market Analysis
GRT eyeing Huge Breakout: Don’t Miss Out!
The Graph is eyeing a good breakout in the charts. GRT helps in facilitating web 3.0 by enabling data access and queries. In this article we will have a look
Ethereum set for Upward Rally!
Ethereum is the biggest cryptocurrency by market value if we exclude Bitcoin and its also the most used platform for decentralized applications (DApps) and smart contracts. In this article, we
Bitcoin Ready for Breaking $40,000!
Bitcoin, the pioneering cryptocurrency, has encountered a phase of turbulence and unpredictability in recent weeks, with its price oscillating between $38,000 and $40,000 amidst challenges from regulators, competitors, and market
PRESS RELEASES
Tangem Successfully Closes Investment Round, Fueled by Shima Capital
RevoFi Leads the Charge for Decentralized Cloud Infrastructure with Revolutionary A.I. Capabilities and Far-Edge Computing
Gridex Protocol’s Native Token, GDX, Surges by Over 422% in 24 Hours After Listing on D5 Exchange
Gridex Protocol set to Launch GDX Token on D5 Exchange this March 15th
Mobile Game Prize Kingdoms Advances New Free-To-Earn Gaming Model
Kyber Exploiter Demands Full Control of Assets Following Nearly $50 Million Security Breach
AntPool’s Refunding Users for 83-BTC Transaction Fee Error
Celsius Unlocks Withdrawals: Eligible Crypto Holders Gain Access to Funds
Pando Asset becomes latest to apply for Spot Bitcoin ETF with SEC
Fasset secures license to Operate as Virtual Asser Service Provider in Dubai
Cristiano Ronaldo Faces Legal Firestorm for Promoting BinanceÂ
Confidential Filings by Jump Crypto in SEC v. Terraform Labs case
Binance Faces Regulatory Heat: Philippines Regulator Alleges Operation Without License
CZ Steps Down: Former Binance CEO Resigns as Chair of Binance US
The former chief executive officer of Binance, CZ, has also announced his resignation as head of the board of directors of Binance US.
Financial Stability Board Warns of Crypto Firm Risks
Key takeaways: The Financial Stability Board (FSB), a global regulatory body overseeing financial institutions from G20 economies, has issued a strong caution regarding the potential
Crypto Exchange M2 secures license to operate in UAE
Key Takeaways Cryptocurrency trading and custodial platform M2 introduced its services to retail and institutional clients in the United Arab Emirates (UAE). As a Multilateral
SEC Intensifies Efforts, Seeks Further Evidence of Fraud at Binance US
The US SEC is still searching for proof that Binance US had a backdoor via which it could have been able to control customer funds similarly to FTX.
Standard Chartered Takes Part in China’s e-CNY Pilot Testing
One of the first international banks to test China’s digital yuan CBDC, the e-CNY, is the multinational British bank Standard Chartered.
Binance CZ Faces Travel Restriction as Judge Reviews Pending Court Decision
As part of a deal with the US Department of Justice involving the cryptocurrency exchange Binance, Changpeng “CZ” Zhao entered a guilty plea to one felony charge.
Vitalik Buterin Unveils Ambitious Redesign Plans for Ethereum
Key takeaways: In a recent development, Ethereum‘s co-founder, Vitalik Buterin, has proposed a comprehensive redesign for the Ethereum network, aiming to address persistent performance issues
Crypto Miner Hive Digital Technologies acquires Swedish Data Center
Key Takeaways Cryptocurrency mining company Hive Digital Technologies is expanding its global presence with the acquisition of a property and data center in Boden, Sweden.
Inferno Drainer Shuts Down After Engaging in $70 Mln Crypto Theft
Key Takeaways In a startling twist, Inferno Drainer, a well-known player in the phishing scam arena, has officially called it quits, marking the end of
DOJ Pursues Potential 10-Year Sentence for Binance Founder CZ
Key takeaways : In the ongoing legal drama surrounding Binance founder Changpeng ‘CZ’ Zhao, the Department of Justice (DOJ) has intensified its stance, advocating for
Indexed Finance Battles Hackers, Plans Compensation for Hack Victims
Zipmex Halts Crypto Trading in Thailand to Meet Regulatory Compliance
Cybercriminal Nabbed in Patricia Technologies Breach
BLUR & Blast Founder Faces Ponzi Allegations and Security Backlash
EDITORIAL TEAM
How to buy Siacoin (SC) in India?
As cryptocurrencies are gaining immense attention these days, today, we shall discuss Sia and its token Siacoin. This article shall delve into various aspects of Siacoin and provide a detailed
WazirX vs CoinDCX vs Bitbns – Who has the Lowest Fees?
There are various crypto trading exchanges available in India. So today, we will compare India’s 3 best crypto trading exchanges, i.e., WazirX, CoinDCX, and Bitbns. Summary (TL;DR) The three leading
Should you buy OKB Tokens? OKXChain Token
Decentralized exchanges are the future, but one can’t ignore the role of centralized exchanges now and in the near future. With its development roots since 2017, it is no wonder
Bitcoin and Ethereum Are Not Securities : Belgium’s FSMA
Starling Bank Has Implemented A Crypto Transaction Ban
Japan intends to introduce an experimental digital yen CBDC in 2023
Two Estonian Citizens Arrested in $575 Million Crypto Fraud
Crypto firm Eqonex submits voluntary debt restructuring proposal
Binance Briefly Suspends USDC and USDT Solana Deposits
Binance CZ Challenges DOJ Travel Restrictions Ahead of Sentencing Date
After entering a guilty plea, CZ has resisted attempts by the US authorities to prevent him from seeing his family in the UAE while he awaits sentencing.
KyberSwap Hacker Issues $4.6M Bounty to Recover $46M Stolen Assets
A 10% bounty payment has been extended by the decentralized exchange KyberSwap to the hacker who stole $46 million on November 22
Do Kwon’s Extradition Granted by Montenegro Court
Do Kwon is set to have his extradition to either the United States or South Korea, approved by a Montenegrin court.
Bitvavo Expands Crypto Services to France Following Regulatory Approval
Key Takeaways Netherlands-based cryptocurrency exchange Bitvavo has received regulatory approval from France’s Autorité des Marchés Financiers (AMF) to operate as a digital asset service provider,
BlackRock in Discussions with SEC on Potential Spot Bitcoin ETF
The US Securities and Exchange Commission (SEC) met with representatives from BlackRock and Nasdaq.
Singapore Imposes Stringent Regulations to Quash Retail Crypto Speculation
Key Takeaways: In a move aimed at enhancing investor protection in the cryptocurrency and digital payment token (DPT) space, the Monetary Authority of Singapore (MAS)
South Korea Pushes Back CBDC Launch to 2024, Calls for 100K in Crucial Testing
Key takeaways: In an ambitious move, the Bank of Korea (BOK) and financial authorities are set to launch a groundbreaking pilot program, inviting 100,000 Koreans
Swiss City of Lugano Integrates Polygon into MyLugano App
Key Takeaways The Swiss city of Lugano is making significant strides in its crypto adoption journey, with the integration of Polygon into its MyLugano payments
DOJ Flags Binance’s Ex-CEO CZ as a Significant Flight Risk
DeFi Firm KyberSwap faces $46 Mln hack,TVL drops
Sam Bankman-Fried’s Appeal for Release Denied by Appeals Court
Grayscale Engages with SEC’s Trading and Markets Division on Spot Bitcoin ETFs
Justin Sun’s HECO Chain Faces $86.6 Million Security Breach
Belgium Takes Initiative to Revive EU Blockchain Infrastructure Project
Genesis Pursues $689M From Gemini in Legal Battle Over ‘Preferential Transfers’
Binance Founder CZ: $175M Bail Ahead of Sentencing and Guilty Plea to DOJ Charges
Fantom Foundation Grants $1.7M Bounty for Foiling Potential $170M Drain
Following a $550,000 attack in October, the Fantom Foundation, a nonprofit creating the Fantom blockchain network, has fixed a significant vulnerability.
Bittrex Global Halts Trading Activities, Initiates Full Closure Process
With its main office located in Liechtenstein, Bittrex Global is a cryptocurrency exchange that has declared its closure. December 4 will mark the end of trading.
Blockchain Association Challenges OFAC’s Sanctions on Tornado Cash
Key Takeaways The Blockchain Association, once again, is rallying behind six plaintiffs in their legal battle against the U.S. Treasury Office of Foreign Assets Control
SEC files lawsuit against Kraken; alleges mixing user funds
Key Takeaways Kraken, a major cryptocurrency exchange, is facing legal action from the U.S. Securities and Exchange Commission (SEC), which alleges that the platform operated
Atomic Wallet Seeks Dismissal of $100 Million Lawsuit, Citing Lack of US Ties
Key takeaways : In a recent legal development, Atomic Wallet, the non-custodial cryptocurrency wallet, is making headlines as it seeks to dismiss a $100 million
Tether and Okx Halt $225 Million in USDT Tied to Human TraffickingÂ
key takeaways: In a groundbreaking move, cryptocurrency exchange OKX and stablecoin issuer Tether have jointly announced the freezing of $225 million in stolen USDT, marking
Kronos Research Faces $26 Million Loss in API Key Security Breach
Key Takeaways In a recent security breach, Taipei-based trading and venture capital firm Kronos Research experienced unauthorized access to its API keys, resulting in the
RNDR Crypto: Will Breakout Sustain?
Render Token (RNDR) is a decentralized GPU rendering network that allows users to exchange GPU power for digital content creation. RNDR is powered by the
