A prominent crypto trader and analyst has predicted that the altcoin market will experience a massive surge soon. According to @el_crypto_prof, the market cap of altcoins could reach over $1.23 trillion in the next few months.
Author: jose
Mastercard, a global leader in payment solutions, has announced a strategic partnership with Feedzai, an AI-powered regtech firm, to enhance security in the rapidly growing cryptocurrency market. The collaboration aims to leverage Feedzai’s advanced machine-learning technology to detect and tackle fraudulent activities in real-time, thereby providing a safer environment for digital asset transactions.
Litecoin, the silver to Bitcoin’s gold, has achieved a remarkable feat of surpassing Bitcoin in the number of daily transactions. According to data from IntoTheBlock, Litecoin processed over 1.3 million transactions on Nov. 14, 2023, while Bitcoin only handled about 430,000 transactions on the same day.
In a significant legal victory for Tether and crypto exchange Bitfinex, a class action lawsuit filed against them has been dismissed by the U.S. District Court. The lawsuit, initiated by Matthew Anderson and Shawn Dolifka, questioned the legitimacy of Tether’s reserve statements.
In a significant move towards decentralization, Ethereum platform Infura has welcomed tech giants Microsoft and Tencent among others to its network. This step marks a crucial milestone in the evolution of Web3, a movement advocating for a more decentralized internet based on blockchain technology.
Cboe Digital, a Cboe Global Markets Inc. subsidiary that operates a digital asset exchange, has obtained regulatory clearance to launch Bitcoin and Ether futures contracts with margin trading. The Commodity Futures Trading Commission (CFTC) gave the green light for Cboe Digital to offer both physically and financially settled margin contracts in 2024.
In a recent development, SlowMist, a company specializing in blockchain security, has uncovered a novel phishing scheme that uses a counterfeit Skype application to misappropriate cryptocurrency funds.
Mike Novogratz, the founder and CEO of Galaxy Digital, a leading cryptocurrency investment firm, has predicted that 2024 will be a year of institutional adoption of Bitcoin, driven by the approval of spot Bitcoin exchange-traded funds (ETFs).
Grayscale Investments, the largest digital asset manager in the world, is in discussions with the U.S. Securities and Exchange Commission (SEC) over its bid to convert its flagship product, the Grayscale Bitcoin Trust (GBTC), into a spot Bitcoin exchange-traded fund (ETF).
HSBC, one of the world’s largest banking and financial services organizations, has announced plans to launch a custody service for tokenized securities. This move marks the bank’s latest foray into the rapidly evolving digital asset space.