Monday December 11, 2023

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Your Weekly Update On All Things Crypto

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MACRO NEWS

Binance Plea Agreement Finally Approved By District Judge...

A US district judge has reportedly approved the plea agreements reached between Binance, former CEO Changpeng Zhao, and the Department of Justice (DoJ). Binance confessed to charges related to the Bank Secrecy Act (BSA), failure to register as a money transmitter, and violations of the International Emergency Economic Powers Act (IEEPA).


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Bitcoin Reaches New Heights But Dips Slightly...


The cryptocurrency market is currently pausing, with Bitcoin (BTC) dropping to around $43,000 after crossing the $44,000 mark not too long ago. Over the past 24 hours, there has been significant volatility, with many coins reaching multi-month highs and then declining.


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Helium Mobile Introduces New Mobile Plan Integrated With Blockchain Technology...

Helium Mobile, a trailblazer in crypto carriers, has recently introduced an innovative nationwide scheme in the United States. Starting now, the groundbreaking mobile service will combine the Helium Network, built on the Solana blockchain, with a nationwide 5G network, offering unlimited data, text, and calls for $20 per month.


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Ghost Aims To Revolutionize Blockchain Privacy And Efficiency...



Ghost, a decentralized PoS (Proof of Stake) ecosystem, has emerged as a frontrunner in the realm of privacy-focused blockchains since its inception on June 20th, 2020.


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French Bank Becomes First Institution To Issue A Stablecoin On Ethereum...


Societe Generale FORGE, a subsidiary under the umbrella of the venerable French banking institution Societe Generale, is reportedly introducing EUR CoinVertible (EURCV), a stablecoin linked to the Euro and deployed on the Ethereum blockchain, as indicated in a recent announcement via Bitstamp.


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Huge Security Vulnerability Discovered By Thirdweb...



Thirdweb, a smart contract development entity operating within the Web3 ecosystem, has detected a security vulnerability that has the potential to impact a variety of smart contracts in the Web3 domain.


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FUNDRAISING ANNOUNCEMENTS

Crypto Fundraising November 27 - December 4...


On behalf of the hashtagWeb3 community, we would like to extend our warmest congratulations to the companies that announced their success in fundraising between 28th November and 4th December 2023. We are thrilled to see such tremendous support from all involved. Well done! 

  

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CONTENT OF THE WEEK

Warning: Hidden Danger In Approval of Bitcoin ETF

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Bitcoin Scares Banks & Ready To Explode

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10 WORST Crypto Mistakes: Are You Making These?!

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We at CryptoWeekly are not Financial Advisors. None of the content or opinions expressed in this newsletter should be considered financial advice. We highly recommend that you do your own research before investing in any project within or outside the cryptocurrency space.