Bitcoin fees rise 💯, Apple faces lawsuit 🏴, Microsoft & Nvidia stocks soar 🔝
Daily Crypto, Blockchain & Web3 Update 2023-11-21
CRYPTOCURRENCY
Bitcoin transaction fees flip Ethereum’s as Ordinals hype returns (2 min read)
Amid a renewed interest in Ordinals-inscribed assets, Bitcoin transaction fees have surpassed those of Ethereum.
Apple sued for blocking crypto tech for P2P payments (2 min read)
Apple faces a class-action lawsuit over alleged anti-competitive conduct in the iOS peer-to-peer payments market.
Cambodian digital currency bakong amps up use case with Alipay agreement (2 min read)
The CBDC-like bakong provides digital payment services in riel and the U.S. dollar. It has been steadily extending its regional scope.
Microsoft and Nvidia stocks reach all-time highs amid OpenAI CEO shuffle (3 min read)
Sam Altman, the former CEO of OpenAI, has now joined Microsoft. At the same time, Nvidia is benefiting from the efforts of big tech companies to create an improved chatbot.
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ARK, 21Shares update spot Bitcoin ETF application as next SEC deadline looms (2 min read)
ARK Investment Management, a company that invests in cryptocurrencies and was founded by Cathie Wood, a supporter of Bitcoin, is still working towards launching a Bitcoin exchange-traded fund (ETF) in the US.
CZ, Buterin, Dorsey top crypto social media popularity charts as SBF clings to 10th place (3 min read)
A mix of highly influential and controversial characters make up the latest list of the 10 most popular crypto entrepreneurs based on their social media presence, with Binance CEO Changpeng “CZ” Zhao leading the pack in first place and convicted fraudster Sam Bankman-Fried trailing in 10th.
Fantom Foundation awards $1.7M bounty for preventing $170M drain (3 min read)
The Fantom Foundation, a nonprofit organization developing the Fantom blockchain platform, has eliminated a significant vulnerability after a $550,000 hack in October.
BNB pops after report that DOJ wants $4B settlement with Binance (2 min read)
BNB has gained over 7% in the last 24 hours after Bloomberg reported that the United States Department of Justice (DOJ) is contemplating a $4 billion settlement with Binance to resolve its investigation into the company.
Binance $3.9B USDT move gains community attention amid DOJ settlement claims (2 min read)
Binance transferred $3.9 billion in USDT between its wallets, days before a report about a $4 billion settlement with the United States Justice Department was published.
Blockchain Association files support in suit to lift Tornado Cash sanctions (3 min read)
The Blockchain Association has thrown fresh support behind six plaintiffs suing the United States Treasury’s Office of Foreign Assets Control (OFAC) over its sanctions on the crypto mixer Tornado Cash.
Tether’s bank partner Britannia sued over $1B deposit: Report (3 min read)
Tether’s bank partner Britannia Financial is reportedly facing a lawsuit over claims it failed to pay the full price of revenue-generating assets allegedly related to a large deposit from Tether.
Bittrex Global announces all trading will be disabled as it winds down operations (2 min read)
Liechtenstein-headquartered cryptocurrency exchange Bittrex Global has announced it plans to wind down operations, starting with the suspension of trading activity on Dec. 4.