Author: John Smith

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Yeti Ouro storms the crypto scene with a sold-out presale, 40% early returns, and a P2E gaming platform set to spark the market. Yeti Ouro (YETIO) is shaking up the crypto world. Stage one of its presale sold out faster than expected. Early investors are already celebrating a 40% return on their holdings. The demand for YETIO is skyrocketing, and crypto traders are increasing their investments. Unmatched growth potential Yeti Ouro offers more than just hype. The token powers…

Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. The world’s economy is rapidly evolving, yet financial exclusion remains a persistent issue. A 2022 report by Visa revealed that 2.1 billion people globally remain unserved or underserved by digital financial services. This gap often traps individuals and businesses in underbanked regions in a cycle of limited growth and opportunity. The good news? Emerging technologies, especially cryptocurrencies, present an opportunity to rewrite this narrative. Merchant adoption of crypto payments has the potential to significantly uplift the welfare…

The Hong Kong government declared to the OECD Global Forum that its regulators plan to implement a crypto asset reporting framework to combat cross-border tax evasion. Regulators plan to complete the necessary legislative amendments before 2026. In the Organization for Economic Co-operation and Development Global Forum on Transparency and Effective Exchange of Information in Tax Matters on Dec. 13, representatives from the Hong Kong government vowed to implement a framework that would make crypto asset reporting mandatory for tax calculations. According to a press release shared on the government site, the framework is meant to improve global tax transparency and…

HashKey Platform Token hits a new record high as trading volume surges across major exchanges. The HashKey Platform Token (HSK) surpassed its previous all-time high of $1.5989 which was achieved yesterday, to continue its bullish momentum and record a new all-time high of $1.72, at the time of writing, Dec. 17, 2024. Source: Coinmarketcap From its all-time low of $0.7167 on Nov. 26, 2024, this milestone represents a substantial rise or a gain of almost 140%. The 24-hour trading volume of around $9.5 million coincides with the recent spike in HSK’s value, suggesting increased investor interest and market activity. The…

On December 13, Mohammed Azharuddin Chhipa residing in Springfield, was convicted by a federal jury on multiple counts associated with the Islamic State of Iraq and al-Sham, a foreign terrorist organization. As reported in the U.S. attorney’s press release, the evidence in the trial showed Chhipa operated a multi-year scheme, starting from at least Oct. 2019 to 2022, to funnel cash to female ISIS supporters in Syria.   These funds allegedly helped finance a range of terrorist activities, including enabling the escape of those with ties to ISIS from prison camps as well as funding the ISIS fighters themselves. Prosecutors even…

The Avalanche Foundation announced its ‘biggest network upgrade’ in the form of Avalanche9000 mainnet. The new upgrade reduces deployment costs and C-Chain fees by more than 90%. On Dec. 17, the Avalanche9000 mainnet goes live with a major upgrade dubbed Etna, which serves to eliminate issues faced by developers on the Avalanche (AVAX) network, including high staking requirements and high validator costs. The Etna upgrade fixes these issues by enabling layer1 blockchains to run independently from the primary network. This means that validators are no longer required to validate the primary network on Avalanche so these chains can have their…

South Korean crypto exchange Bithumb adds the Truth Terminal meme coin, Goatseus Maximus, to its listings. Trading support for GOAT and Korean won pairs begin on Dec. 17 at 04:00 UTC. In a recent notice, Bithumb announced that Goatseus Maximus (GOAT) will be added to the exchange’s Korean won market starting from Dec. 17 at 04:00 UTC. Deposit and withdrawal for the viral Solana-based meme coin start two hours after the notice was posted. While buying and selling orders are restricted within the first five minutes of trading. Previously, GOAT made its debut on the major crypto exchange OKX on…

Kontos Protocol announces tokenomics revealed with an emphasis on investor engagement and ecosystem. The much-anticipated tokenomics for Kontos Protocol’s native token, KOS, have been revealed. 139.4 million tokens, or 13.937% of the total supply of 1 billion KOS, are released at the Token Generation Event (TGE). 🚀 Kontos Tokenomics Unveiled! 💥 We’re excited to share the official breakdown of Kontos Tokenomics! With 1 Billion $KOS Tokens, we’re building a future that’s focused on community, growth, and long-term success. 🌟 – Total Supply: 1,000,000,000 #KOS – TGE Release:… pic.twitter.com/thzkiOFLGM— Kontos Protocol (@Kontosio) December 17, 2024 A balanced and sustainable model for…

The Indian government stated in a recent declaration to Lok Sabha that there is no fixed timeline for the rollout of the comprehensive set of regulatory guidelines for virtual assets. The government’s response followed queries posed by two Members of Parliament on what steps were being taken to set up a structured regulatory framework along with an expected timeline for such regulations. Although the administration noted that it consulted with industry stakeholders and relevant international organizations both formally and informally, it asserted that policy efforts on VDA are needed globally in order to avoid regulatory arbitrage to ANI. India seeks…

Growing institutional confidence is indicated by Bitcoin’s record-breaking gain and consistent ETF inflows. According to statistics from SoSoValue, Bitcoin (BTC) spot ETFs showed a net inflow of $637 million on Dec. 16, the 13th day in a row that inflows have been positive. Bitcoin is hitting new all-time highs at the same time as this continuous investment boom, indicating rising investor confidence in the cryptocurrency sector. Source: SoSoValue With the largest one-day inflow of $418 million, BlackRock’s IBIT took the lead and accumulated a total net inflow of $36.3 billion. With $116 million, Fidelity’s FBTC came next, increasing its overall…