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L2 Crypto Project Blast Crosses $822M in TVL Ahead of Next Year’s Mainnet Launch

Blast has announced that it is hiring for senior DevOps engineer and senior protocol engineer to ensure a timely mainnet launch in February 2024. Amid the heightened demand for liquid staking on the Ethereum (ETH) network from institutional investors, Blast protocol, a layer two (L2) project backed by Paradigm venture capital and Standard Crypto, has set a new record in Total Value Locked (TVL) and community members. According to the latest market data provided through DeBank, Blast...

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VanEck Releases List of 15 Predictions for Crypto Industry in 2024

One of the 2024 predictions is the emergence of at least one breakout blockchain game that will surpass a million daily active users as Web3 gaming continues to vie for mainstream adoption. Asset manager VanEck has made 15 forecasts for the crypto industry in 2024. In what it terms a “speculative expedition”, the New York-based firm touches many corners of the cryptoverse with mentions of the highly anticipated Spot Bitcoin ETFs, peak NFT season, and KYC regulations in DeFi. A Relatively...

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Amazon Removes PayPal-backed Venmo as Payment Option, PYPL Stock Drops Nearly 2%

While Amazon did not provide the actual reason for not supporting Venmo as a payment option, the notable rise of web3 payment platforms could be a major factor. In October last year, Amazon.com Inc (NASDAQ: AMZN) announced that it would begin to offer Venmo, a product of PayPal Holdings Inc (NASDAQ: PYPL), as a new payment option to boost its orders on the mobile app and Amazon.com site during the festival season. Initially, Amazon announced only its US-based customers would shop with the...

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UK Crypto Industry Growing Faster than the US Crypto Market

Although far behind the United States in terms of revenue and the number of users, the UK crypto industry maintains a strong pace of growth, growing much faster than the world’s largest crypto market. According to data presented by AltIndex.com, the UK crypto industry grossed $1.9bn this year, showing a massive 137% year-over-year growth. This figure is expected to double and hit $3.77bn by 2027. The Fastest-Growing Crypto Industry Among the Top Five Markets Over the years, the United Kingdom...

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Meetup Becrypto à Liège

Notre meetup de fin d’année 2023 est planifié pour le mercredi 13 à 19h00. Il se tiendra au Seven Bar, 20 rue Souverain Pont à Liège, le célèbre quartier général des bitcoineurs liégeois. Comme chaque année à la même période, les présentations sont en vacances d’hiver et cèdent le pas aux rencontres, au réseautage et aux libations. Fidèles à notre amour de Bitcoin et des cryptos, nous parlerons et...

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BTC Short Sellers Burn Through Billions as Bitcoin Refuses to Drop

Cryptocurrency short sellers experienced a turbulent year in 2023, grappling with mark-to-market losses amounting to $6.05 billion. These losses were primarily driven by the remarkable performance of Bitcoin and other digital currencies since the beginning of the year. Crypto Prices Soar in 2023, Short Sellers Feel the Heat According to a report published on December 5 by research firm S3 Partners, traders who have taken a bearish stance on publicly traded crypto firms,...

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Bitcoin Bull Run 2.0: Surge in Price amid Subdued Interest

Despite the subdued overall interest, a group that remains consistently passionate is the die-hard Bitcoin maximalists. In recent weeks, Bitcoin price has once again captured the attention of the financial industry as it surged above $44,000, a level not seen since May 2022. However, this rally seems to lack the fervor and widespread interest that accompanied previous bull cycles, according to a Bloomberg report. Despite Bitcoin Price Growth, Interest Remain Subdued A notable indicator of...

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SpaceX Plans New Tender Offer, Aiming for Valuation Above $175B

SpaceX has become one of the most valuable companies in the United States, dominating the market for commercial space launch services, primarily due to the success of its Falcon rockets.  Elon Musk‘s aerospace company SpaceX is in discussions to sell insider shares via a new tender, potentially valuing the privately held firm at around $175 billion, as reported by Bloomberg on Thursday, citing people familiar with the matter. According to the report, the company plans to sell approximately...

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Bitzlato Co-founder Pleads Guilty to AML Violations, Agrees to Dismantle Exchange

According to the U.S. Attorney’s Office for the Eastern District of New York, Anatoly Legkodymov, the co-founder of Bitzlato, a Hong Kong-registered virtual currency exchange, has entered a guilty plea for money laundering charges. Initially arrested in Florida, Legkodymov’s case was transferred to New York. Bitzlato Founder Pleads Guilty In a press release dated December 6, 2023, the U.S. Department of Justice (DoJ) disclosed that Legkodymov is responsible for “transporting...

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Crypto Exchange One Trading to Roll Out New Trading Unit F.A.S.T Soon

In a bid to attract more institutional investors to the upcoming platform, One Trading plans to provide free trading on all cryptocurrency pairs listed on the exchange.  Cryptocurrency exchange One Trading, formerly known as Bitpanda Pro, has announced plans to introduce its new trading venture that aims to offer users swift digital asset trading experience in the coming weeks. Scheduled to debut at an undisclosed date in the next few weeks, the company said its F.A.S.T platform will...

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