Number of crypto ATMs installed nears its all-time record
The 2,564 cryptocurrency ATMs installed so far in 2024 are on track to surpass the 2,861 machines that were removed in 2023.
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CFTC commissioner visits Ripple offices as decision in SEC case looms
The outcome of the SEC v. Ripple lawsuit could influence whether the CFTC or SEC will play a greater role in handling the XRP token as a commodity or security. Caroline Pham, one of five commissioners at the United States Commodity Futures Trading Commission, or CFTC, met with Ripple CEO Brad Garlinghouse ahead of a…

Bears scattered as Bitcoin hit $40K, but pro traders remain cautious
Bitcoin (BTC) traders might be feeling extra euphoric after the recent 35% rally, but data suggests bears are not too worried because a similar breakout took place in mid-July and the price failed to hold the $40,000 support.To understand how bullish investors are this time around, let's take apart the derivatives data and look at…

EU Markets Regulator Extends Restrictions on Selling Crypto-Based Derivatives
The European Securities and Markets Authority (ESMA) has decided to extend its restrictions on contracts for differences (CFDs), including crypto-based ones. The agency has announced its decision in an official release published Friday, September 28.A CFD is a contract signed between a buyer and a seller, which stipulates that the difference between the current value…

SBF sent home, FTX heads plead guilty, and Binance gets Voyager assets: Hodler’s Digest, Dec. 18-24
Top Stories This Week SBF sent home after his parents put up their house to cover his astronomical bail bond Sam Bankman-Fried will spend the holidays with his family in Palo Alto, California, after his parents secured $250 million in bail funds with the equity in their home. Among the conditions of the bail are…

Colosseum raises $60M to support Solana’s hackathon teams
The capital will fund pre-seed investments for teams accepted into Colosseum’s Accelerator program.

Ethereum 2.0’s long and winding road to scalability launch
On Nov. 4, Ethereum (ETH) core developers hit a significant milestone. In a “quick update” on the Ethereum Foundation blog, developer Danny Ryan confirmed the release of the v1.0 specs for the hotly anticipated Ethereum 2.0 upgrade, which includes the mainnet deposit contract address. Anyone who wants to participate as a validator on the Ethereum…

Beam Foundation to debut $150M gaming fund in Abu Dhabi
Beam Ventures will launch in 2025, providing funding and acceleration for blockchain gaming startups in the United Arab Emirates.

The risks and benefits of VCs for crypto communities
Traditional venture capital funds drive valuations through multiple funding rounds. Startups aim for initial public offerings or other exits. Then the sharemarket decides upon a more realistic valuation. But in cryptoland, tokens introduce market capitalization while a company is being built.This means there are a lot of competing interests and agendas. Token sales for Web3 startups…