Since its introduction in 2018, USDC has been used to settle over $12 trillion in blockchain transactions. Source: https://www.coindesk.com/markets/2024/01/15/circle-highlights-surge-in-usdc-use-for-asia-remittances-in-new-report/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The latest price moves in bitcoin and crypto markets in context for Jan. 15, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto …

Local courts may be facing political pressure regarding Kwon’s extradition to the U.S. or South Korea, his lawyer Goran Rodic told CoinDesk. Source: https://www.coindesk.com/policy/2024/01/15/do-kwon-appeals-new-montenegro-high-court-decision-upholding-extradition-requests-lawyer-says/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The approval of spot bitcoin ETFs in the U.S. was much anticipated and well-priced, so the event will likely be a short- to mid-term top for the price, analysts …

The newly created ETFs could attract inflows of up to $36 billion from other crypto products like Grayscale Bitcoin Trust (GBTC), the report said. Source: https://www.coindesk.com/markets/2024/01/15/jpmorgan-sees-significant-capital-from-existing-crypto-products-pouring-into-new-spot-bitcoin-etfs/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Entities providing tokenization tech have a limited track record and may contribute to increased risk, a new report by analysts at the credit-rating agency says. Source: https://www.coindesk.com/markets/2024/01/15/tokenized-fund-adoption-grows-but-brings-technology-risks-moodys/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Venezuela is ending its Petro cryptocurrency on Monday, more than five years after it was first launched, according to multiple reports. Source: https://www.coindesk.com/policy/2024/01/15/venezuela-ends-controversial-petro-cryptocurrency-reports/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The failed token transfers spooked some market watchers as they amounted to nearly half of XRP’s $30 billion market capitalization. Source: https://www.coindesk.com/tech/2024/01/15/in-failed-bitfinex-exploit-attempt-billions-in-xrp-moved/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Source: https://www.coindesk.com/business/2024/01/13/sec-statement-on-the-hack-of-its-x-account-and-the-resulting-fake-bitcoin-etf-approval-announcement/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The U.S. Securities and Exchange Commission said its systems and devices were not breached by the party responsible for tweeting out a fake bitcoin ETF approval announcement earlier this …