Indonesian Crypto Exchanges Must Register With New Bourse or Face Shutdown
The government wants to use the crypto bourse to make the ecosystem safer and gather transaction data for tax purposes.Source
PancakeSwap Proposes to Reduce CAKE Token Supply by 300 Million
More than 99.95% of the community, representing 70,000 votes from CAKE holders, favored the proposal shortly after it went live.Source
Crypto Wallet Linked to Donald Trump Sent $2.4M in Ether to Coinbase
A wallet flagged as owned by Trump sent ETH to Coinbase in the past three weeks, where it was presumably sold.Source
Stock of Bitcoin’s Biggest Public Holder Is Overvalued by 26%, Analyst Who Predicted BTC Rally Says
Early investors in MSTR can consider taking profit as shares appear overvalued and could fall by 20%, according to 10x Research.Source
Nigeria Lifting Ban on Bank Accounts for Crypto Firms Could Lead to Usage ‘Surge’
Pan-African exchange Yellow Card has said it will seek licensing in the country.Source
MicroStrategy Buys $615M Worth Additional BTC, Pushing Holdings to $5.9B
Microstrategy’s CEO Michael Saylor tweeted on Wednesday that the company had acquired an additional 14,620 bitcoin.Source
First Mover Americas: Barry Silbert Resigns as Grayscale Chairman
The latest price moves in bitcoin [BTC] and crypto markets in context for Dec. 27, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.Source
Crypto Users Lost $2B to Hacks, Scams and Exploits in 2023, De.Fi Says
The figure is roughly half the estimated $4.2 billion of 2022, a year that also included $40 billion lost through the collapse of Terra, Celsius and FTX.Source
IOTA’s ShimmerEVM Bolsters Onboards Cross-Chain Capabilities With LayerZero’s Technology
The Shimmer bridge, a tool that transfers value between different blockchains that connect to LayerZero, will launch today.Source
BONK Falls 13% as Solana Ecosystem Sees Profit Taking After Memecoin Frenzy
Solana ecosystem tokens have surged several multiples in the past month. Traders could now be taking profits to rotate funds into newer plays.Source