tl;dr
• Bitcoin ATM Giant Byte Federal suffers a significant data breach, exposing sensitive user information and prompting investigations into the scale and impact on its Bitcoin ATM network.• Magic Eden experiences a sharp decline in token trading volume, plummeting by 70% in Q4 2024 due to waning inter...
• Bitcoin ATM Giant Byte Federal suffers a significant data breach, exposing sensitive user information and prompting investigations into the scale and impact on its Bitcoin ATM network.
• Magic Eden experiences a sharp decline in token trading volume, plummeting by 70% in Q4 2024 due to waning interest in NFTs and stiff competition.
• MEXC strengthens the Sui ecosystem with the launch of SuiLend and the SEND token, enhancing decentralized lending and borrowing capabilities.
• VanEck-backed Superform launches a new DeFi product offering intelligent USDC yield strategies, targeting institutional and retail investors seeking optimized returns.
• BlackRock recommends a 2% Bitcoin allocation in investment portfolios, citing its diversification benefits and potential as a hedge against economic uncertainty.
• Bitwise predicts Coinbase will surpass Charles Schwab as the most valuable brokerage globally in 2025, driven by rapid adoption, robust trading volumes, and institutional inflows.
• Avalanche raises $250 million for network upgrades, aiming to enhance scalability and drive adoption of its blockchain ecosystem for decentralized applications.
• Binance achieves dominance in 2024 with $21.6 billion in deposits and a record 250 million users, solidifying its position as the leading global crypto exchange.
• Texas advances legislation proposing the establishment of a Bitcoin Strategic Reserve, reflecting growing institutional acceptance of Bitcoin as a state-held asset.
• Ethereum overtakes Tron as the leading network for USDT supply, holding over 50% of Tether’s circulating volume and regaining its DeFi leadership.
• Microsoft signals openness to Ethereum ETFs despite voting against Bitcoin treasury holdings, reflecting a nuanced stance on cryptocurrency adoption.
• Consumer Financial Protection Bureau (CFPB) closes a legal loophole draining $5 billion annually from customer accounts; either limit overdraft fees to $5, align them to actual costs and losses, or treat overdraft loans like other credit products
• Robinhood Crypto marks a milestone year with $38 billion in assets under custody, fueled by European expansion and growing user adoption of its trading platform.
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