1. El Salvador will accelerate the purchase of Bitcoin, and the official Bitcoin wallet Chivo will be sold or discontinued
The director of El Salvador's Bitcoin Office said that after reaching a $1.4 billion loan agreement with the International Monetary Fund, its official Bitcoin wallet Chivo will be sold or discontinued. In addition, Bitcoin will continue to be used as legal tender in El Salvador, which may accelerate the purchase of Bitcoin as a strategic reserve.
2.21Shares has registered the Polkadot Trust in Delaware, USA
21Shares has registered the Polkadot Trust in Delaware, USA.
3. German privacy regulator asks World to delete biometric data collected by iris scans
The Bavarian State Data Protection Authority (BayLDA) has requested World to delete biometric data collected from iris scans. World responded that the BayLDA investigation mainly concerns technology that has already been replaced in 2024, and that iris data is no longer stored and previously collected data has been deleted.
4. The US SEC approved the listing of Hashdex and Franklin Templeton cryptocurrency index ETFs.
The US Securities and Exchange Commission (SEC) has approved the listing applications for the Hashdex Nasdaq Crypto Index US ETF and the Franklin Crypto Index ETF. Both ETFs will hold Bitcoin and Ethereum spot, with allocation ratios determined based on market capitalization and free float, and will be listed and traded on the Nasdaq and Cboe BZX exchanges.
5. The Salvadoran Bitcoin Office: has transferred over 1 million USD worth of Bitcoin to the strategic reserve address.
The Salvadoran Bitcoin Office tweeted that it has transferred over 1 million USD worth of Bitcoin to the Bitcoin strategic reserve address. According to Arkham monitoring, the Salvadoran government increased its holdings by 11 Bitcoins today around 8 AM, worth approximately 1.07 million USD.
6. A Chainalysis report shows that the value of cryptocurrencies lost to hacking in 2024 exceeded 2 billion USD.
A Chainalysis report shows that the value of cryptocurrencies lost to hacking in 2024 reached 2.2 billion USD, a 21% increase compared to the previous year. The number of hacking incidents in 2024 reached 303, up about 7.4% from 282 incidents last year.
7. Analysts from private bank Coutts: Coinbase's trading revenue has now surpassed that of the two largest stock exchanges in the world.
According to Decrypt, analysts from private bank Coutts revealed that Coinbase's trading revenue has now surpassed that of the two largest stock exchanges in the world. In the past 12 months, the cryptocurrency exchange's trading revenue was 5.75 billion USD, while Nasdaq's trading revenue was only 4.54 billion USD. Coinbase also surpassed the Hong Kong Stock Exchange (HKEX), which generated 2.67 billion USD in revenue over the past year, and the Brazilian Stock Exchange (Bolsa Balcão), which generated 1.81 billion USD in revenue.
Mouloukou Sanoh, CEO of MANSA Finance, a liquidity provider for BASE, pointed out that although Coinbase's trading revenue exceeds that of many of the largest exchanges globally, its trading volume lags behind Nasdaq.
1. El Salvador will accelerate the purchase of Bitcoin, and the official Bitcoin wallet Chivo will be sold or discontinued.
The director of the Salvadoran Bitcoin Office stated that following a 1.4 billion USD loan agreement with the International Monetary Fund, its official Bitcoin wallet Chivo will be sold or discontinued. Additionally, Bitcoin will continue to serve as El Salvador's legal tender, with potential acceleration in Bitcoin purchases as a strategic reserve.
2. 21Shares has registered a Polkadot trust in the state of Delaware, USA.
21Shares has registered a Polkadot trust in the state of Delaware, USA.
3. The German privacy regulator requests World to delete biometric data collected from iris scans.
The Bavarian State Data Protection Authority (BayLDA) has requested World to delete biometric data collected from iris scans. World responded that the BayLDA investigation mainly concerns technology that has already been replaced in 2024, and that iris data is no longer stored and previously collected data has been deleted.
4. The US SEC approved the listing of Hashdex and Franklin Templeton cryptocurrency index ETFs.
The US Securities and Exchange Commission (SEC) has approved the listing applications for the Hashdex Nasdaq Crypto Index US ETF and the Franklin Crypto Index ETF. Both ETFs will hold Bitcoin and Ethereum spot, with allocation ratios determined based on market capitalization and free float, and will be listed and traded on the Nasdaq and Cboe BZX exchanges.
5. The Salvadoran Bitcoin Office: has transferred over 1 million USD worth of Bitcoin to the strategic reserve address.
The Salvadoran Bitcoin Office tweeted that it has transferred over 1 million USD worth of Bitcoin to the Bitcoin strategic reserve address. According to Arkham monitoring, the Salvadoran government increased its holdings by 11 Bitcoins today around 8 AM, worth approximately 1.07 million USD.
6. A Chainalysis report shows that the value of cryptocurrencies lost to hacking in 2024 exceeded 2 billion USD.
A Chainalysis report shows that the value of cryptocurrencies lost to hacking in 2024 reached 2.2 billion USD, a 21% increase compared to the previous year. The number of hacking incidents in 2024 reached 303, up about 7.4% from 282 incidents last year.
7. Analysts from private bank Coutts: Coinbase's trading revenue has now surpassed that of the two largest stock exchanges in the world.
According to Decrypt, analysts from private bank Coutts revealed that Coinbase's trading revenue has now surpassed that of the two largest stock exchanges in the world. In the past 12 months, the cryptocurrency exchange's trading revenue was 5.75 billion USD, while Nasdaq's trading revenue was only 4.54 billion USD. Coinbase also surpassed the Hong Kong Stock Exchange (HKEX), which generated 2.67 billion USD in revenue over the past year, and the Brazilian Stock Exchange (Bolsa Balcão), which generated 1.81 billion USD in revenue.
Mouloukou Sanoh, CEO of MANSA Finance, a liquidity provider for BASE, pointed out that although Coinbase's trading revenue exceeds that of many of the largest exchanges globally, its trading volume lags behind Nasdaq.
