🪙 Crypto and Blockchain News (January 6, 2024):
1️⃣ Blockworks: Over the past decade, the US government has been confiscating and selling
#bitcoin (BTC). Due to the growth of the first cryptocurrency and the entire market, authorities remain in the positive. Currently, US authorities own Bitcoin worth $8.3 billion. This is $3.3 billion more than three months ago. 🏛️
2️⃣ HB: The South Korean subsidiary of the cryptocurrency exchange HTX — Huobi Korea — will cease operations on January 29. Representatives cited challenging business conditions as the reason for closure. Users will be able to withdraw funds from the platform even after the specified date. 💸
3️⃣ Binance: The largest cryptocurrency exchange, Binance, has assigned "monitoring tags" to a range of coins, including privacy-focused ones like
#monero and Zcash. 🔐
4️⃣ Cointelegraph: Paolo Ardoino believes that cryptocurrencies, in general, do not need blockchain or tokens. According to Ardoino, the next significant breakthrough in the crypto industry will not be another token or blockchain-based application. He asserts that in 2024, innovations rooted in cryptography for enhanced privacy should take center stage. 🤔
5️⃣ The Block: Companies such as BlackRock, Grayscale, Fidelity, VanEck, Valkyrie, Hashdex, Franklin Templeton, Bitwise, Wisdomtree, ARK Invest, 21Shares, Invesco, and Galaxy have submitted updated filings to the
#sec under Form 19b-4. 🏢
💙 What's your take on these news? Share your thoughts! Comment below!