OpenAI counters Musk’s lawsuit by highlighting his past profit advocacy

OpenAI has countered Elon Musk’s recent lawsuit, emphasizing that the billionaire had previously advocated for the company’s shift to a for-profit structure. Musk, one of OpenAI’s co-founders, has accused the AI company... Read more »

BiT Global files lawsuit against Coinbase over allegations of breaching antitrust laws by delisting WBTC

BiT Global has filed a lawsuit against Coinbase, the largest crypto trading platform in the United States, according to a Dec. 13 court filing. The Justin Sun-linked crypto custodian alleged that the... Read more »

Eigen Foundation pledges 1% of EIGEN token equaling $8M to support Ethereum development

The Eigen Foundation has committed 1% of its EIGEN token supply to the Protocol Guild, a group dedicated to Ethereum Layer-1 research and development. According to CryptoSlate data, the EIGEN token has... Read more »

Texas lawmaker proposes state-managed Bitcoin reserve for financial stability

Texas lawmakers have introduced a bill to establish a state-managed Bitcoin reserve, aiming to explore the potential role of crypto in public finance. Filed on Dec. 13 by Republican Rep. Giovanni Capriglione,... Read more »

Donald Trump linked World Liberty Financial purchases $12 million Ethereum, Chainlink, and Aave

World Liberty Financial Initiative (WLFI), a DeFi project backed by US President-elect Donald Trump, has made headlines with a recent $12 million crypto acquisition. On Dec. 12, blockchain analytics firm Lookonchain revealed... Read more »

Alabama state auditor calls to establish Bitcoin reserve

State Auditor Andrew Sorrell has proposed that Alabama create a strategic Bitcoin (BTC) reserve to ensure its continued leadership in crypto adoption. He argued that such a move would diversify the state’s... Read more »

Circle looks to Binance to help USDC catch up with Tether in stablecoin adoption

Binance has formed a strategic partnership with Circle to integrate USD Coin (USDC) across its services, aiming to enhance accessibility and promote adoption. This collaboration also positions USDC as a key corporate... Read more »

Italy drops plans to hike capital gains tax on crypto amid backlash, political division

Italy’s government announced plans to scale back a proposed tax increase on crypto capital gains following criticism from industry stakeholders and divisions within the ruling coalition, Reuters reported on Dec. 11. The... Read more »

Tether USDT wallets surge to 109 million, challenge Bitcoin and Ethereum user base

Stablecoin issuer Tether reported 109 million on-chain wallets holding USDT at the start of the fourth quarter, according to a Dec. 9 report. The growth positions USDT as one of the most... Read more »

Weekly crypto inflow hits record high of $3.85 billion as Bitcoin, Ethereum, and XRP shine

Crypto investment products achieved a historic milestone last week, recording a staggering $3.85 billion in weekly inflows, according to CoinShares’ latest report on digital asset flows. These inflows pushed year-to-date (YTD) totals... Read more »
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