In November 2023, the software company MicroStrategy made a big gamble: it bought more than 16,000 bitcoin, spending nearly $600 million. Then it threw them onto the pile of bitcoin it had been stockpiling, for a total of 175,000 bitcoin worth over $5 billion. This puts them on the Top 10 list of bitcoin holders, […]
CoinList Settles $1.2 Million with U.S. Treasury over Sanctions Violations
In a significant development for the cryptocurrency world, CoinList, a U.S.-based exchange, has reached a settlement of $1.2 million with the Treasury’s Office of Foreign Assets Control (OFAC). The agreement stems from allegations that the platform facilitated transactions in violation of sanctions. In an official notice dated December 13, OFAC revealed that CoinList processed a […]
Bitcoin whales aim to reclaim $42K after BTC price dives over 3%
tapped lows beneath $41,700 after the Dec. 15 Wall Street open as BTC price action fielded fresh sell-side pressure. BTC/USD 1-hour chart. Source: TradingView Bitcoin balks at SEC Coinbase rejection Data from Cointelegraph Markets Pro and TradingView showed BTC/USD diving over $1,300 or 3.2% on the day. The largest cryptocurrency, fresh from a recovery from […]
Socrates Unveils 3 Million USDT Influencer Accelerator Program and Airdrop
London, United Kingdom, December 15th, 2023, Chainwire Socrates, a global web3 social media platform rewarding users for debating, has launched an Influencer Accelerator Program to drive user engagement and community-building on the platform. The 3 million USDT fund goes live on 21st December, open to all web3 influencers regardless of following. On the same night, […]
Gary Gensler: SEC ‘Taking a New Look’ at Bitcoin ETF Applications
The U.S. Securities and Exchange Commission is “taking a new look” at applications for a spot Bitcoin ETF, following October’s landmark court ruling on Grayscale’s application to convert its Grayscale Bitcoin Trust (GBTC) into an ETF. In an interview with CNBC Thursday, Gensler said that the regulator is reviewing “between eight and a dozen filings.” […]
BingX Introduces JITO Coin $JTO as Solana Prices climbs
BingX, a prominent cryptocurrency trading platform, has officially added JITO (JTO) to its list of tradable assets. This move comes amidst a remarkable surge in the value of JITO and a notable increase in Solana price (SOL). Coinciding with the introduction of JITO on BingX, there has been a noticeable impact on Solana’s ecosystem. Solana’s […]
SEC denies Coinbase’s petition for new crypto asset rules
On Dec. 15, the U.S. Securities and Exchange Commission (SEC) denied a petition from the cryptocurrency exchange Coinbase, which had requested the development of new rules for digital asset securities In a response letter to Coinbase, the SEC said it “concludes that the requested rulemaking is currently unwarranted and denies the Petition.” The decision comes […]
io.net Secures Prestigious Gold Medal at the 2023 Inventions Asia Awards for its Internet of GPUs
Hong Kong, Hong Kong, December 15th, 2023, Chainwire io.net proudly announces its latest achievement of winning the Gold Medal for the AI category and the Grand Award for the entire event at the 2023 Inventions Asia Awards for their Invention “Internet of GPUs (IoG)”. This global award highlights io.net’s commitment on reshaping what’s next for […]
SafeMoon’s SFM Token Faces Sharp over 50% Decline Following Chapter 7 Bankruptcy Filing
In a startling turn of events, SafeMoon’s SFM token has witnessed a substantial crash, plummeting by more than 50% in value subsequent to the company’s voluntary Chapter 7 bankruptcy filing. The once-thriving memecoin, SafeMoon (SFM), has opted for Chapter 7 bankruptcy in the United States. This form of bankruptcy primarily focuses on settling creditors by […]
Ethereum community adopts ERC-3643 as standard for compliant asset tokenization
The ERC-3643 Ethereum Improvement Proposal reached its final stage, emerging as a recognized standard for tokenizing real-world assets.