Crypto Bytes: Top 10 Breaking News from Cryptoverse

1. Revolut launches crypto trading services in New Zealand. Almost 100 tokens including Bitcoin BTC   , Ethereum ETH, and Ripple XRP went live as the fintech giants sought ways to penetrate the local market.

2. Sam Bankman-Fried’s Request for an Extension of Sentence Refused! Sam Bankman-Fried’s plea for a sentencing extension is denied by Judge Kaplan, who maintains the March 2024 schedule in the well-known FTX case.

3. Phantom Wallet integrates BRC-20 Tokens, Ordinals, and Bitcoin   ! By combining Bitcoin, Ordinals, and BRC-20 tokens, Phantom changes the crypto scene and improves multi-chain wallet functionality.

4. Vladimir Putin has approved legislation that will include the digital ruble in the country’s tax system. New law permits “recovery” of CBDC cash from wallets by bailiffs and other personnel designated by court if taxpayers do not have enough fiat in their accounts. 

5. Stacks token STX has increased by 40% in the past 7 days after  Tim Draper’s Remarks! According to the venture capitalist, bitcoin apps will function similarly to Microsoft apps during the internet boom.

6. Bitfinex Securities launches $5.2M tokenized bond,  the first in the microcredit sector.  The bond was released on Liquid Network and was valued at Tether (USDT).

7. Coinbase stock 2023 returns surpass 400% as COIN surpasses Bitcoin    and Ethereum. Coinbase has performed better than Bitcoin and even ETH, the biggest altcoin.

8. SafeMoon token has declined by 40% and may soon go to zero. Safemoon has filed for Chapter 7 bankruptcy on December 14, 2023.

9. Circle launches stabelcoin on Solana! EURC, a stablecoin backed by the Euro on the #Solana blockchain has been announced by stablecoin issuer Circle.

10. Crypto Bytes Top 10 Breaking News from Cryptoverse ERC-3643 permissioned standard has been accepted by the Ethereum community.  It improves upon ERC-20 & will help in tokenizing securities, real-world assets (RWAs), payment systems, and loyalty programs.

Disclaimer: This article was created for informational purposes only and should not be taken as investment advice. An asset’s past performance does not predict its future returns. Before making an investment, please conduct your own research, as digital assets like cryptocurrencies are highly risky and volatile financial instruments.

Author: Mehar Nayar

Leave a Reply