Category: Cryptocurrency

Cryptocurrency is digital money that works online. It lets people send and receive payments directly without banks. It runs on secure networks called blockchains, making it fast and global.

Ctrl Wallet Rolls Out Browser Extension to Streamline Self-Custody

Ctrl Wallet, formerly XDEFI, just leveled up with a sleek new browser extension. Now you can manage crypto across 2,100+ blockchains (Bitcoin, Solana, Ethereum—yeah, all the big ones), swap tokens cross-chain, connect to dApps, and even rediscover your forgotten assets. Plus, the Gas Tank feature makes paying fees so much easier.

The Full Story

Crypto’s all about freedom, but let’s be real—managing your coins can be a hot mess. Ctrl Wallet just came through with a killer browser extension to fix that. Think of it as your all-in-one tool for handling crypto across over 2,100 blockchains, from Bitcoin to Cosmos.

What’s the vibe? Super clean and super smart. The new extension gives you a single dashboard where all your assets—from multiple accounts, seed phrases, and networks—are aggregated in one view. Lost track of that random altcoin stash? Well, there’s no worry ctrl’s got you covered.

About gas fees, well, we can all agree on hating juggling tokens just to pay transaction fees on different blockchains, but no more as we enter the Gas Tank. With this feature, you can use $USDC or $CTRL to cover fees across any blockchain. No more scrambling to hold ETH, SOL, or whatever else. CEO Emile Dubié says it best: “The Gas Tank is a game-changer.”

But that’s not all. Ctrl Wallet makes portfolio management a breeze, with cross-chain swaps and seamless dapp connections baked right in. Whether you’re a noob or a seasoned degen, setup takes just 15 seconds. That’s like, two TikToks.

Ctrl Wallet is already flexing big numbers—over 500K users and counting. It’s officially in the top 5 multi-ecosystem wallets, with glowing reviews on the Google Chrome Store. If you were one of the lucky using XDEFI, congrats, you’re already upgraded to Ctrl and can dive into all these next-gen features.

Ready to give it a spin? Head to Ctrl Wallet’s official site, download the extension, and take control of your crypto game.

You might like: XRP Surges to Claim Spot as Third Largest Cryptocurrency

XRP Surges to Claim Spot as Third Largest Cryptocurrency

XRP just leveled up on its game after overtaking Solana and USDT to become the 3rd biggest crypto. Its price spiked 30% in just a day and hit a massive $2.5, with a insane 370% jump from previous months . Ripple’s stablecoin RLUSD approval buzz and SEC drama are fueling the hype.

XRP is having its main character moment, y’all. The altcoin just flexed big time, climbing over Solana (SOL) and USDT to snatch the #3 spot in the crypto market. Right now, only Bitcoin and Ethereum are ahead of it, but the way XRP is moving, people are starting to wonder if this is just the beginning.

image 2024 12 02 203144871 Bitmala
Source: coingecko

Here’s the tea: XRP hit $2.5 recently, spiking over 30% in just 24 hours. It’s now trading around $2.41, and that’s after a massive 370% gain since November 1. If you’re wondering why everyone’s losing their minds over it, one reason is Ripple’s new stablecoin, RLUSD. The New York regulators are apparently ready to approve it, which is a big deal because NY has some of the toughest rules in the crypto game. If RLUSD gets the green light, Ripple can step into the big leagues with stablecoin giants like Tether (USDT) and Circle’s USDC.

But wait, there’s more! SEC Chair Gary Gensler just announced he’s dipping out in January, and that news has been giving XRP even more of a boost. People are also buzzing about potential XRP ETFs, with major players like 21Shares and Bitwise lining up to get in on the action.

South Korea Pushes Crypto Tax to 2027

Summary: South Korea had planned to take 20% take on crypto but it’s now been delayed to 2027 after rejecting calls to raise the tax threshold. Regulators cite the need for more preparation, giving traders a temporary break from taxation.

Crypto Tax Delayed Again

South Korea still seems indecisive about its crypto policies as it has yet gain hit pause on its crypto tax and for another time pushing the controversial 20% levy to 2027. This isn’t a recent news because Korea took this initiative and planned this all for 2021 and it kept on getting delayed and delayed and we’re talking about its yet another delay. Democratic Party leader Park Chan-dae confirmed both parties’ agreement to delay the bill, with a formal vote set for December 2, 2024.

YOU MIGHT ALSO LIKE: Bitcoin Near-Miss: Gamblers Lose Big on $100K Bets

Low Threshold Sparks Pushback

There are several speculations that can be made but most the delays kept on happening because of debates over the allocated tax threshold. The delay followed a very heated debate over the tax threshold which is currently set at 2.5 million won ($1,781). The Democratic Party’s attempt to raise it to 50 million won ($35,633) was rejected. Crypto exchanges argued the low threshold would crush trading volumes, leading the government to side with delaying implementation.

The Road Ahead

As mentioned above, this isn’t the first time this policy has been postponed. This same policy has been postponed three times and for over 3 years now with officials still being indecisive over this but discussions around related policies, like inheritance and gift taxes, continue. Traders now have more time before the 20% tax impacts profits, with hopes of further revisions down the line.

YOU MIGHT ALSO LIKE: Touzi Capital Faces $100M Fraud Charges Amid SEC Crackdown

Bitcoin Near-Miss: Gamblers Lose Big on $100K Bets

Summary: A notorious crypto gambler faces a serious loss as bitcoin very slightly missed $100K in November. It wasn’t just a small amount bet as many would expect because some bets costs over $100K itself. Despite the setback, the crypto crowd is still bullish, with six-figure predictions for the near future.

When $100K Was Just a Dream

Bitcoin came within $345 of breaking $100K in November, peaking at $99,655 before falling to $90,800. The hype? Unreal. But the aftermath? Painful. Polymarket traders betting on the $100K milestone got wrecked, with one user losing $114,000 and another dropping $56,000. Total trading volume hit $28.5M, making this a high-stakes loss for many.

YOU MIGHT ALSO LIKE: Touzi Capital Faces $100M Fraud Charges Amid SEC Crackdown

Bullish Vibes Aren’t Dead

Despite the Ls, the crypto faithful aren’t giving up. Polymarket data shows a 40% chance BTC could revisit $90K soon, but there’s still hope for $100K by 2025. Bitcoin is trading at $96,700 now, with odds of hitting $100K this month surging from 19% to 71%. The diamond hands energy is alive and well.

Kiyosaki’s Take on the Dip

Robert Kiyosaki, author of *Rich Dad Poor Dad*, says Bitcoin might tank to $60K before shooting up to $250K by 2025. His advice? “Buy the dip!” While the $100K dream took a detour, the long-term vibe is still strong.

YOU MIGHT ALSO BE INTERESTED IN: Nigeria Reopens $35M Money Laundering Investigation into Binance

Touzi Capital Faces $100M Fraud Charges Amid SEC Crackdown

Summary: The SEC has managed to hit Touzi Capital and its CEO, Eng Taing with insane allegations which include fraud allegations over misused investor funds, false claims about investment stability and also unregistered security. This inhumane and allegedly morally and socially wrong company raised over $100M mismanaging and commingling funds across unrelated ventures, including a crypto mining operation.

The U.S. Securities and Exchange Commission (SEC) pulled the rug underneath from Touzi Capital and its founders, Eng Taing, this wasn’t done for fun or as a prank but done because the company was accused of raising over $100 million through phonzi and shady unregistered securities offerings. The madman SEC claims that the company used misleading and harmful tactics, hyping their investments as “safe” and “lucrative,” when they were actually risky and illiquid. Over 1,200 people were reportedly given false hope and false statement that their investment and their fund were supporting and building a crypto mining project but in reality those funds were allegedly being used as a personal expenses and being mis appropriated.

You thought that was it? There more to come, Touzi also again raised $23 million as a rehabilitation for its debt business but again that huge amount got mixed with cash from other completely unrelated ventures. SEC department isn’t kidding either as it wants complete and permanent injunctions, financial penalties and to eradicate Taing from corporate leadership roles for good.

This wasn’t out of order as all of this comes as a regulatory debates heat up. On side note, Some sources and some whispers suggest hat president elect Donald Trump might back shifting crypto oversight to the Commodity Futures Trading Commission (CFTC). At the same time SEC’s high profile tangle with Ripple is still brewing and continuing, with expert speculations that it could drop its appeal. Stay tuned it’ll be a wild ride.

Nigeria Reopens $35M Money Laundering Investigation into Binance



Nigeria’s EFCC is back at it, accusing Binance of laundering $35M and operating without proper licenses. The case has twists—executives fleeing and one released after U.S. pressure. This crackdown is part of Nigeria’s push to clean up crypto, but it’s sparking debates about balancing regulation and innovation.

Nigeria’s Economic and Financial Crimes Commission (EFCC) is hitting Binance with an amended lawsuit, accusing the crypto giant of laundering over $35 million. The case, filed in Abuja, claims Binance was hiding funds from illegal activities and even doing foreign exchange stuff without a license, something Nigeria’s Bureau de Change has flagged before.

This all started earlier this year when EFCC charged Binance and two of its execs, including Nadeem Anjarwalla, who has since gone on the run. Another exec, Tigran Gambaryan, was locked up for eight months but got released recently due to health issues and pressure from the U.S. government. The charges were updated after Gambaryan’s release.

You might like: Swiss Parliament Votes to Explore Bitcoin Mining for Power Grid Upgrades

The case is part of Nigeria’s bigger crackdown on illegal crypto operations, with the EFCC targeting local firms for things like unlicensed conversions of USD into naira using stablecoins. As the country tightens its grip on digital assets, debates are growing about how much regulation is too much, especially when it comes to protecting investors while still letting the industry grow .

The crackdown reflects a larger trend in Nigeria and Africa, where crypto adoption is rising but so are scams. With Nigeria leading in identity fraud cases, crypto has become a major target for fraudsters.

Continue Reading: Virtuals Protocol Token Jumps 28%, Market Cap Hits $1.9B Milestone

Virtuals Protocol Token Jumps 28%, Market Cap Hits $1.9B Milestone

Virtuals Protocol is going massively up on Coinbase’s Base blockchain, with its token $VIRTUAL up 161% this week, smashing a $1.9B market cap. It powers AI agents that do cool stuff like meme-making, music, and gaming on platforms like Roblox. Other tokens like $VADER also skyrocketed, hyping up the AI-driven future.

The Virtuals Protocol ecosystem is absolutely popping off right now. Built on Coinbase’s Base blockchain, it’s riding the wave of AI agent hype—think smart programs that can chat, post memes, make music, and even run Roblox games without breaking a sweat.

Here’s the tea: $VIRTUAL, the ecosystem’s native token, skyrocketed 29% in just 24 hours and is up a jaw-dropping 161% this week. Its market cap? A cool $1.9 billion, making it one of the top 100 cryptocurrencies. Trading at $1.38 after hitting its all-time high, $VIRTUAL is making serious waves.

Virtuals Protocol isn’t just about tokens; it’s a whole vibe. It’s a launchpad and marketplace for AI agents in gaming and entertainment, using blockchain tech to make AI ownership more accessible. Co-founded around 2021 (originally called PathDAO) and rebranded this year, it’s all about pushing boundaries in the AI game.

Other tokens in the Virtuals squad are thriving too. $VADER jumped 78.9% to $0.05, $AIXBT is up 23.8%, and $LUNA gained 9.4%. These tokens are more than doubling in value, showing investors are vibing hard with Virtuals Protocol’s AI-powered future.

Bottom line? Virtuals Protocol is turning AI into the next big thing, and the market can’t get enough.

Read more: Grayscale Portfolio Surges 85% Driven by Altcoins’ Triple-Digit Gains

Grayscale Portfolio Surges 85% Driven by Altcoins’ Triple-Digit Gains


Grayscale’s crypto portfolio absolutely popped off in November, with up by 85%, thanks to altcoins like Stellar (XLM) soaring 469%, XRP jumping 262%, and Decentraland (MANA) gaining 105%. Ripple-SEC buzz, ETF hype, and metaverse vibes fueled fire into the action. With Bitcoin dominance dropping, analysts say the altcoin party could keep going into next year.

November was wild for Grayscale’s crypto holdings, skyrocketing 85%, all thanks to some insane altcoin gains. Stellar (XLM) crushed it with a 469% jump, powered by major adoption hype and market love. XRP was not that far though, flexing a 262% boost, with Ripple’s SEC drama cooling off and whispers about a possible XRP ETF.

Then there’s Decentraland’s MANA, climbing 105% as metaverse projects started turning heads again. All this action has the altcoin market heating up, especially as Bitcoin dominance dipped below its usual support levels—a classic signal for altcoin runs.

Crypto experts think the party’s just getting started. With Bitcoin’s halving around the corner and SEC Chair Gary Gensler stepping down in January, altcoins like XRP could get another big boost. Oh, and there’s talk about a pro-crypto SEC leader taking over, which might mean smoother roads for crypto ETFs.

Bottom line? Investors are shifting Bitcoin gains into altcoins, and the vibes are high for an extended altcoin season heading into next year.

You might like: Hyperliquid Launches $HYPE Token: The Future Is Here!

Hyperliquid Launches $HYPE Token: The Future Is Here!

Hyperliquid just dropped its $HYPE token, hitting $3.93 after a 95% pump in just mere 2 hours! With a massive $310M token airdrop and no shady investor allocations, it’s all about the community. Backed by lightning-fast HyperBFT tech, it’s redefining decentralized trading with staking, governance, and zero middlemen.

Hyperliquid is shaking up the crypto world with its new $HYPE token, and it’s already off to a crazy start! After launching, it pumped almost 95% in just 2 hours, trading around $3.93. The best part? They’re dropping 310 million HYPE tokens in a massive airdrop worth nearly $1 billion! 💥

This isn’t your normie cryptocurrency debut. The goal of them is to prioritize the community above all, which means that there will be no paid market makers or even private investors—just tokens for the general public. 31% of the total tokens will be used for the airdrop, with 24% going to key contributors, 39% going to the community, and 6% going to the Hyper Foundation.

With a blazing-fast blockchain called HyperBFT, Hyperliquid is making $1.6 billion in 24-hour volume, already outpacing rivals like Jupiter and SynFutures. And with $HYPE token, users get governance power, staking, fee payments, and USDC trading pairs on the spot market.

Hyperliquid’s game plan? No centralized control, just pure decentralized power for the community. Looks like $HYPE is the future of DeFi.

You might also like: Swiss Parliament Votes to Explore Bitcoin Mining for Power Grid Upgrades

Swiss Parliament Votes to Explore Bitcoin Mining for Power Grid Upgrades

Summary: Swiss politician Samuel Kullmann just got major approval for a game-changing study: using Bitcoin mining to boost the country’s energy grid. With an 85–46 vote in Parliament, Kullmann’s proposal is all about turning wasted energy into something useful and could be a big win for both the environment and Bitcoin fans.

Why Bitcoin?

This isn’t Switzerland’s first rodeo with crypto. Bitcoin’s halving event earlier this year had Swiss cities like Zurich topping Google searches. The idea? Use Bitcoin mining not just for profits but also to stabilize energy use. By running mining rigs during off-peak hours, Switzerland could use extra electricity that would otherwise go to waste. Genius, right?

YOU MIGHT ALSO BE INTERESTED IN: Algorand (ALGO) Surges 25% in a Day: On Track to Hit $0.75?

Big Bitcoin Moves

Switzerland’s been low-key stacking up on Bitcoin exposure. Even the Swiss Central Bank bought shares in MicroStrategy—aka the company with the biggest Bitcoin stash. Talk about making power moves.

Global BTC Hype

It’s not just Switzerland hopping on the Bitcoin train. Cities like Vancouver are pushing to hold Bitcoin as part of their budgets. Even U.S. and Brazilian lawmakers are talking about creating national Bitcoin reserves. BTC isn’t just a trend—it’s becoming the main character on the global financial stage.

Switzerland might just prove Bitcoin is about more than digital gold—it’s a tool for the future.

YOU MIGHT ALSO INTEREST: Trump’s Crypto Crew Might Spark a U.S. DeFi Boom, Say Analysts


Exit mobile version