Binance Labs' investment in Usual could accelerate DeFi innovation, potentially reshaping the stablecoin market with enhanced community focus.
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Rumble secures $775 million investment from Tether
Rumble partners with Tether in a $775M deal, sparking speculation on future crypto payment integrations.
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Semler Scientific hits options trading milestone with Bitcoin holdings at $222M
Semler Scientific hits trading milestone amid Bitcoin investment success, with holdings now valued at $222M and options trading approved.
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Ripple’s RLUSD stablecoin set to launch Tuesday as XRP token jumps 8%
Ripple announces the launch of its RLUSD stablecoin on Tuesday, December 17, 2024, as XRP token rises 8% following the news.
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Could Bitcoiners embrace BlueSky, an X alternative that hit 25M users?
The social media platform has roughly doubled its number of users since November, suggesting it may have pulled some US-based X users after the presidential election.
The social media website initially kicked off by Twitter creator Jack Dorsey has hit more than 25 million users as some abandon or completely delete their X accounts, leading many to question how the platform will differ in content, moderation and tone.
BlueSky reported that its total number of users had reached more than 25 million as of Dec. 12, roughly double the platform had after the United States election on Nov. 5. The social media site still comes up short compared to Meta’s Threads, which has more than 275 million monthly active users, and X, with more than 250 million daily active users as of 2022.
It’s difficult to estimate the exact number of users who may have left X directly in response to Elon Musk purchasing the platform and becoming involved in US politics. Musk has also been a proponent of Dogecoin (DOGE), even proposing President-elect Donald Trump create a “government efficiency” position based on an acronym of the memecoin’s ticker symbol.
Mark Cuban educates comedian Jon Stewart on crypto
“I feel like this is turning into ‘Digital Currency for Dummies,‘” Jon Stewart said to the billionaire during an interview on his weekly podcast.
In one of his first interviews after supporting Vice President Kamala Harris in the 2024 United States presidential election, billionaire and Cost Plus Drugs co-founder Mark Cuban appeared on Daily Show part-time host Jon Stewart’s podcast to discuss digital assets.
In a Dec. 12 episode of The Weekly Show with Jon Stewart, Cuban said he strongly pushed for the Harris campaign to target young men in the 2024 election, in part based on their affinity for crypto and feeling “part of a community.”
The billionaire said he told Vice President Harris and Securities and Exchange Commission Chair Gary Gensler that the administration’s policies on crypto “could cost her the election.”
Riot Platforms completes $525M offering to buy Bitcoin
Riot completes a $525M offering to bolster Bitcoin acquisitions and operations, holding 12,000 Bitcoin, valued at $1.2B.
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MicroStrategy to join Nasdaq 100 with $2.1 billion in ETF share buying expected
MicroStrategy is set to join the Nasdaq 100 on December 23, with $2.1 billion in ETF share buying expected.
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Nasdaq-listed Worksport adopts BTC, XRP for treasury strategy
Worksport's crypto adoption may enhance financial agility and shareholder value, reflecting a broader trend of digital asset integration in corporate treasuries.
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New Chainalysis CEO expects greater clarity on stablecoins in 2025
The company’s former chief strategy officer, Jonathan Levin, assumed the role of CEO and offered his thoughts to Cointelegraph on the future of the industry.
Blockchain analytics firm Chainalysis announced the appointment of a new CEO after the departure of Michael Gronager in October.
In a Dec. 5 notice, Chainalysis said its chief strategy officer and co-founder Jonathan Levin had assumed the position of CEO, effective Dec. 3. The company also announced it had appointed former Proofpoint chief financial officer Paul Auvil to serve as an independent director on its board.
Speaking to Cointelegraph, Levin said, under his leadership, the company intended to continue expanding internationally to “protect crypto users across the world” and monitor private sector solutions for custodying digital assets. He added that he didn’t expect to see policymakers change their approach to Anti-Money Laundering (AML) and national security concerns.