Austrian fintech unicorn Bitpanda has secured a MiCA license from Germany’s BaFin, enabling it to operate across all 27 EU member states. This marks Bitpanda as the second crypto asset service provider to receive the license since MiCA’s full implementation on December 30, 2024. CEO Eric Demuth emphasized the need for robust enforcement of the regulations to ensure fair competition and urged European lawmakers to align with global regulatory developments, particularly those in the United States.
about Bitpanda Secures MiCA License in Germany for EU OperationsZoltan Vardai
0 posts last weekEthereum Layer 2 SOON Raises 22 Million Dollars Through NFT Sale
SOON (Solana Optimistic Network) has successfully raised $22 million through an NFT sale to launch its mainnet and enhance blockchain infrastructure. The platform, built on Ethereum and utilizing the Solana Virtual Machine, boasts an impressive average block time of 50 milliseconds, significantly faster than Solana’s 400 milliseconds.The NFT sale, led by Hack VC and supported by various firms, emphasizes a community-driven approach, allocating over 51% of the token supply to the community. This fair launch model contrasts with traditional VC allocations, reflecting a growing trend towards decentralized token distributions in the crypto space.
about Ethereum Layer 2 SOON Raises 22 Million Dollars Through NFT SaleHyperliquid Launches Historic Airdrop Marking New Era for Fair Launch Tokens
Hyperliquid’s HYPE token launch, marked by a $7.5 billion airdrop, signifies a shift towards decentralized token distributions, excluding venture capital and early investors. The token has surged over 600% since its November launch, highlighting a new era for fair launch cryptocurrencies. Operating on a layer-1 blockchain, HYPE serves as both a staking asset and gas token, with 31% of its total supply distributed at launch.
about Hyperliquid Launches Historic Airdrop Marking New Era for Fair Launch TokensNew Blockchain Solution Could Prevent Most Cryptocurrency Hacks and Scams
A new blockchain security solution could prevent over 99% of cryptocurrency hacks and scams, which cost the industry $2.3 billion in 2024. By simulating and validating transactions offchain, this approach addresses vulnerabilities in centralized exchanges and could have detected the $230 million WazirX hack days before it occurred. Phishing scams remain a significant threat, accounting for $1 billion in losses across 296 incidents this year.
about New Blockchain Solution Could Prevent Most Cryptocurrency Hacks and ScamsSolana set for growth in 2025 amid ETF anticipation and retail interest
Solana is set for significant growth in 2025, driven by retail investor interest and the anticipated approval of a US-based Solana exchange-traded fund (ETF). Analysts predict Solana’s price could exceed $400, with several companies vying for ETF approval by late January 2025, potentially increasing accessibility for traditional investors.
about Solana set for growth in 2025 amid ETF anticipation and retail interestMiCA Regulation Expected to Boost Crypto Investment Despite Retail Scrutiny
Europe’s Markets in Crypto-Assets Regulation (MiCA) officially took effect on December 30, aiming to enhance the cryptocurrency industry’s maturity despite concerns over potential overregulation. While it may impose greater compliance obligations on retail investors, experts believe it will ultimately attract more investment and drive market growth. Major banks, like Societe Generale, are already adapting their digital asset offerings to align with MiCA standards.
about MiCA Regulation Expected to Boost Crypto Investment Despite Retail Scrutiny