News Explorer — Coinbase to End USDC Rewards in EEA on December 1, Citing MiCA

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Nov 29, 11:34 am

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Coinbase to End USDC Rewards in EEA on December 1, Citing MiCA

Coinbase will discontinue its USDC Rewards program in the EEA on December 1, 2024, to comply with MiCA regulations. The rules prohibit interest-earning features on stablecoins and require issuers to meet specific criteria.

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Dec 11, 1:18 pm

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Ray Dalio Said He Prefers Gold and Bitcoin in Face of Looming Debt Crisis in Major Economies

Ray Dalio, billionaire hedge fund manager, warns of an impending debt crisis in major economies due to unsustainable deb... Read Summary

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Dec 11, 10:29 am

Coindesk

Italy to Lower Crypto Capital Gains Tax Increase Amid Rising Popularity of Bitcoin

Italy plans to reduce the proposed tax hike on crypto capital gains from 42% to 26% following parliamentary discussions.... Read Summary

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Dec 11, 11:56 am

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South Korean Movie 'Crypto Man' to Immortalize $45 Billion Terra Crash of 2022

The $45 billion Terra crash of 2022, involving TerraUSD and LUNA, will be depicted in a new South Korean independent mov... Read Summary

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Dec 11, 10:58 am

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Binance and Circle Collaborate to Boost USDC Adoption and Improve Financial Services Ecosystem

Binance and Circle announced a partnership to promote the USDC stablecoin, aiming to enhance the global digital assets a... Read Summary

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Dec 11, 8:52 am

Coindesk

XRP Surged 7% Post-regulatory Approval, While Whale Deposits Hint at Market Shifts Before Inflation Data

XRP saw a 7% surge after Ripple Labs announced regulatory approval to offer the RLUSD stablecoin in the U.S. XRP whales... Read Summary

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Dec 11, 6:10 am

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Coincheck Group Debuts on Nasdaq, Becoming the First Japanese Exchange Listed on a U.S. Venue

Coincheck Group, the Dutch parent company of Japan's top crypto exchange, has made its public debut on the Nasdaq Global... Read Summary

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Dec 11, 5:43 am

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South Korea's Martial Law Declaration Delays Crucial Crypto Reforms and Legislative Initiatives

South Korea's declaration of martial law has halted crypto sector reforms, including legalizing STOs and real-name corpo... Read Summary

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Dec 11, 2:21 am

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MicroStrategy's Possible Inclusion in the Nasdaq-100 Could Bring in Billions: Bloomberg

An official announcement is expected on December 13 regarding MicroStrategy's potential inclusion in the Nasdaq-100 inde... Read Summary

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Dec 10, 10:44 pm

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Google's Willow Quantum Processor Raises Fresh Concerns About Bitcoin's Encryption Security

Google's Willow quantum processor has sparked concerns about Bitcoin's encryption security due to the potential of quant... Read Summary

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Dec 10, 10:20 pm

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Magic Eden NFT Traders Reap Rewards as Solana Token Launches With $700M Airdrop

The ME Foundation launched the ME token on Solana on Tuesday, rewarding NFT traders on Magic Eden. Despite initial claim... Read Summary

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Dec 10, 8:04 pm

Blockworks

Crypto Founders Target SEC Commissioner Crenshaw's Record

The crypto industry is expressing concerns about SEC Commissioner Caroline Crenshaw, who is facing a vote by the Senate... Read Summary

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Dec 10, 9:01 pm

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Dogwifhat Meme Coin Plunges Weeks After Coinbase and Robinhood Listings

The meme coin Dogwifhat (WIF) has experienced a significant drop in market cap, affecting investors on Coinbase and Robi... Read Summary

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Dec 10, 8:42 pm

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Publicly Traded Bitcoin Miner MARA Buys $1.1 Billion in BTC

MARA, a top Bitcoin miner, recently purchased 11,774 Bitcoin for $1.1 billion, bringing their total holdings to 40,435 B... Read Summary

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Dec 10, 7:53 pm

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XRP Falls by 33% Since Hitting Seven-Year Peak Price

XRP surged to a seven-year high of $2.82 last week but dropped to $1.90 on Tuesday, a 33% decrease. Despite the recent d... Read Summary

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Dec 10, 4:04 pm

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9dcc Black Boxes Include Connected Fashion—And a $150K CryptoPunks NFT

The upcoming release of the 9dcc Black Box by the on-chain fashion label 9dcc, founded by crypto personality gmoney, is... Read Summary

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