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The Internal Revenue Service Criminal Investigation unit (IRS-CI) reported involvement in a greater proportion of crypto investigations on Dec 4. In a statement to Bloomberg, IRS-CI chief Jim Lee said that about half of all active investigations into digital assets over the past year have involved t...
Terraform Labs, facing a securities lawsuit from the U.S. Securities and Exchange Commission (SEC), made a request on Dec. 4, 2023, for a summary judgment to conclude the case. Citing the treatment of a separate firm, DEBT Box, in ongoing SEC litigation, the defense pointed out that the regulatory b...
At the 2023 UN Climate Change Conference (COP28), Envision Blockchain showcased new emissions tracking and carbon credit platforms utilizing blockchain and artificial intelligence technology. The company said these platforms contain upgraded features for searching methodologies, comparing project da...
Société Générale (SocGen), France’s third-largest listed bank, made its foray into blockchain-based financial solutions by issuing its first digital green bond — amounting to €10 million — on a public blockchain, as per a Dec. 4 press release. Following the European Investment Bank’s (EI...
Texas-based Bitcoin (BTC) miner Riot Platforms secured its largest-ever order of hash rate through the acquisition of 66,560 units of BTC miners, representing 18 EH/s, from MicroBT for $290.5 million, according to a Dec. 4 statement. Riot furthered that it also obtained options to acquire 265,000 ad...
The Bitcoin ecosystem continually evolves, adapting to the demands of a growing user base and the challenges of scalability. A critical component in this evolution is the Lightning Network, a layer-2 solution designed to facilitate faster and more efficient Bitcoin transactions. Understanding the dy...
The total value of assets under management for crypto-related investment products surged 107% to $46.2 billion on the heels of the tenth consecutive week of inflows recorded by these products. Per CoinShares’ weekly report, crypto products recorded a robust inflow of $176 million during the pa...
The U.K. Treasury Committee is unsure if the benefits of a retail Central Bank Digital Currency (CBDC), or digital pound, will outweigh its risks as its introduction could pose significant challenges and risks to the economy. Concerns about retail digital pounds The lawmakers argued that the introdu...
Mantle, the DAO-led web3 ecosystem, today unveiled its Mantle Liquid Staking Protocol (LSP) as a key addition to the Mantle Ecosystem, offering users a novel way to engage with Ethereum’s proof-of-stake (PoS) validator network, according to a statement shared with CryptoSlate. The Mantle LSP i...
Standard Chartered-backed Zodia Custody has integrated with Ripple-owned Metaco to streamline institutional crypto custody services, according to a Dec. 4 statement. The integration allows institutions to access Zodia Custody’s high-security solutions through Metaco’s platform. Instituti...

3 coins to keep an eye on 👀

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