“State of Crypto 2024” report by the venture capital a16z Crypto reveals all-time highs in crypto activity, improvements to blockchain networks, and progress in regulatory discussions.
Bitwise, a crypto asset management company, is taking steps to launch an XRP ETF (Exchange-Traded Fund). The company registered a trust entity in the state of Delaware, US, on October 1.
CiberInteligenciaSV, the hacking group behind the security breach of El Salvador's state-run Bitcoin wallet Chivo, has started leaking portions of the app's source code. They had already disclosed the personal information of almost all adult users in El Salvador (5.1 million people) who downloaded the wallet.
The Chinese government is set to replace Intel and AMD processors with local innovations and ban the use of Microsoft's Windows operating system in state enterprises. The prohibition extends to all foreign database management software as well.
Consulting firm Deloitte is seeking cryptocurrency experts holding Secret and Top Secret clearances issued by the U.S. Department of State. These specialists will be involved in probing financial crimes linked to cryptocurrencies and other digital assets.
China's state media is once again alerting its citizens to the dangers and illegality of cryptocurrency trading, as well as enforcing a total ban on mining. This move coincides with a surge in Bitcoin's popularity following the approval of spot ETFs and the anticipation of the upcoming halving event, which will reduce the reward for mining a block by half.
According to the Conference of State Bank Supervisors, an investigation conducted by financial regulators across several U.S. states revealed that the cryptocurrency company Abra was offering trading and investment services without the requisite licenses.
Venezuela is stepping up its adoption of cryptocurrencies for fuel transactions in response to U.S. sanctions targeting the state-owned oil company PDVSA.
Exaion, a subsidiary of France's state-owned energy corporation EDF Group, has joined the blockchain Chiliz as a validator. This partnership is designed to enhance technological infrastructure through the expertise of a traditional company and to push the cryptocurrency industry towards ecological sustainability.
