2024 U.S. defense bill drops crypto rules from legislation

Lawmakers have removed crypto provisions from the 2024 National Defense Authorization Act as it heads to a final vote. The 2024 National Defense Authorization Act heads to near-certain approval without new rules... Read more »

Senate bill adds to growing list of digital asset legislation moving through Congress

U.S. Senators Mitt Romney (R-UT), Mark R. Warner (D-VA), Mike Rounds (R-SD), and Jack Reed (D-RI) have proposed legislation aimed at sanctioning foreign entities that facilitate financial transactions, including digital asset transactions,... Read more »

LayerZero announces native token, commits $3M to community distribution pool

The blockchain interoperability project LayerZero announced on Dec. 7 that it intends to launch a native cryptocurrency in the coming months. LayerZero Labs posted to Twitter/X: “LayerZero has always been built with... Read more »

Bitcoin may hit $50K on altcoin ‘FUD’ as Ethereum, Solana beat gains

Bitcoin (BTC) struggled to hold above $43,000 into Dec. 8 as an altcoin surge put Ether (ETH) in the spotlight. BTC/USD 1-hour chart. Source: TradingView ETH, SOL step up as Bitcoin takes... Read more »

Bitcoin options data shows whales betting big — Will $50K BTC come in January?

Bitcoin (BTC) options open interest reached an unprecedented milestone, surging to a staggering $20.5 billion on Dec. 7. This remarkable achievement signifies the active involvement of institutional investors in the cryptocurrency space.... Read more »

Sam Altman-backed crypto startup seeking investments for BTC Private Credit Fund

Meanwhile Group has introduced a novel Bitcoin investment vehicle called the Meanwhile BTC Private Credit Fund LP through its subsidiary, Meanwhile Advisors, according to a Dec. 7 press release. The startup is... Read more »

Russia debuts cross-border payments in Tether stablecoin

One of Russia’s first cross-border payment platforms has officially announced its launch and says it will facilitate local legal entities to process international settlements in cryptocurrency. Exved, a local digital settlement platform... Read more »

Solana’s Saga smartphone sales dramatically underperform despite positive reviews

Solana Labs co-founder Anatoly Yakovenko responded to underwhelming sales of his firm’s smartphone in an interview with Unchained Crypto on Dec 5. The firm unveiled its Android smartphone, Saga, in June 2022... Read more »

Bitcoin’s huge rally has nuked $6B in shorts this year: S3 Partners

Crypto industry short sellers have lost at least $6 billion trying to bet against publicly-traded crypto firms this year, due largely to Bitcoin’s (BTC) outsized rally since Jan. 1. According to a... Read more »

Google unveils Gemini, its ‘most capable’ AI model to date

On Wednesday, Google unveiled Gemini, its most advanced artificial intelligence system to date, marking a significant milestone in its AI development. Dubbed “our largest and most capable AI model yet” by Google... Read more »