Business
After recently agreeing to pay a total of roughly $7 billion to settle various U.S. criminal and civil charges, Binance reported that its user base grew from 130 million to 170 million this year.
Investors can navigate the end-of-year tax maze with expert insights on IRS tracking tactics, offsetting NFT losses and crucial tax considerations for crypto miners and stakers.
DeFi
In the ongoing governance vote set to end Dec. 29, a vast majority of the community to date is in favor of decreasing the total supply of CAKE from 750 million to 450 million tokens.
Bitcoin
Bitcoin’s dominance stands at roughly 51%, a more than 20% increase from about 42% at the start of the year.
Ethereum
OP has had the eighth-largest growth in 2023, per CoinDesk Market Indices. Optimism’s total value locked has reached $5.65 billion.
The software firm purchased the BTC over a month-long period for around $615.7 million.
Users report receiving notices from the Mt. Gox rehabilitation trustee requesting the return of duplicate reimbursements.
The Digital Currency Group-owned crypto asset manager, currently a spot bitcoin ETF candidate, has named two other DCG execs and its own CFO to the board.
The U.S. Securities and Exchange Commission admitted to embarrassing errors and ordered mandatory training of its staff on the “importance of candor” but said it had not acted in bad faith against crypto firm Debt Box.
The company is set to bring USDP to the layer 1 blockchain – known for high transaction speeds and low fees – that has grown into a major stablecoin player.
