Top tech news today: December 25, 2024

Tech News Summaries

1. PancakeSwap sees growth in 2024 crypto trading volume

PancakeSwap’s crypto trading volume surges as decentralized exchanges gain more market share in 2024, highlighting continued growth in DeFi space. Cointelegraph

2. DeFi security improvements vs. Cefi losses in 2024

DeFi platforms show major security improvements in 2024, contrasting with significant losses suffered by centralized exchanges. Cointelegraph

3. UAE retail investors embrace crypto, says eToro survey

An eToro survey reveals that UAE retail investors are increasingly embracing cryptocurrency, with many considering it a key part of their portfolios by 2025. Cointelegraph

4. Crypto hackers reach $2.3B in 2024 thefts

2024 sees a record-breaking $2.3 billion in crypto thefts, highlighting rising cybercrime risks in the crypto sector. Cointelegraph

5. AI and crypto driving North America’s energy demand

Cryptocurrency mining and AI technologies are increasing North America’s energy consumption, straining existing power grids. Cointelegraph

6. FBI links $300M DMM crypto hack to North Korea

The FBI attributes a $300 million crypto hack to North Korea, unveiling state-sponsored cybercrime activity targeting digital assets. Cointelegraph

7. Hyperliquid outflow linked to North Korean exploit fears

Hyperliquid faces massive outflows amid concerns over North Korean exploitation of its platform for illicit activities. Cointelegraph

8. U.S. Bitcoin ETFs see $1.2B outflow streak

Bitcoin ETFs in the U.S. experience a three-day outflow streak of $1.2 billion, marking the longest since the 2020 election. The Block

9. Bitget partners with Tron for blockchain growth

Bitget teams up with Tron and SunPump to foster growth in the Tron blockchain ecosystem and expand its decentralized offerings. The Block

10. Coinbase International sees trading volume surge

Coinbase International reports a record $119 billion in weekly trading volume, marking a high for the platform. The Block

11. Angel investor warns MicroStrategy over Bitcoin buys

A prominent angel investor cautions MicroStrategy against its aggressive Bitcoin buying strategy, questioning its long-term impact. U.Today

12. Bitcoin approaches $100K by Christmas Eve

Bitcoin prices surge towards $100K on Christmas Eve, marking a new milestone amid broader crypto market growth. U.Today

13. SHIB burn rate drops unexpectedly

The SHIB burn rate slows down, surprising investors as its price unexpectedly pivots in a new direction. U.Today

14. XRP price surges as bulls dominate on Christmas Eve

XRP price shows significant upward movement as market sentiment turns bullish on Christmas Eve. U.Today

15. Ripple CTO clarifies staking details for users

Ripple’s CTO clarifies important details about staking on the XRP network, helping users understand the new features. U.Today

16. Michael Saylor announces $299M Bitcoin gift

Michael Saylor gifts $299 million worth of Bitcoin to MicroStrategy holders, aiming to boost long-term value. U.Today

17. Ripple’s RLUSD stablecoin hits new highs

Ripple’s RLUSD stablecoin reaches a new market peak, showing increasing adoption and stability in the crypto space. U.Today

18. APNIC wraps up Idle Stakeholders meeting

APNIC’s Idle Stakeholders meeting wraps up discussions on the future of internet governance, with key insights shared. APNIC Blog

19. IETF shares impressions from AI control workshop

The IETF reflects on its recent workshop on AI control, exploring challenges and solutions for regulatory frameworks. IETF Blog

20. US probes China’s legacy chip dominance

The US launches an investigation into China’s dominance in legacy chip manufacturing, raising national security concerns. CIO

21. American Airlines grounds flights due to tech failure

American Airlines grounds multiple flights due to a major technical issue, disrupting holiday travel plans. The Register

22. Microsoft Edge 2024 update boosts user experience

Microsoft Edge 2024 update introduces significant improvements to browsing speed and security, enhancing user experience. The Register

23. Svardos DRDoS attack re-emerges in new form

The Svardos DRDoS attack resurfaces with a more sophisticated approach, continuing to challenge cybersecurity experts. The Register

24. Ericsson and Beyon reduce network energy consumption

Ericsson and Beyon announce a 30% reduction in network energy consumption, marking a major step in sustainability efforts. Telecoms

25. Vertical Bridge completes $3.3B Verizon deal

Vertical Bridge closes a $3.3 billion tower transaction with Verizon, expanding its telecom infrastructure portfolio. Telecoms

26. Connectivity investment combats data center crunch

Investing in connectivity solutions is key to addressing the data center crunch and supporting future growth. Capacity Media

27. AI and sustainability drive data center boom

AI technologies and sustainability initiatives are fueling the data center boom, reshaping the industry’s future. Capacity Media

Nikita-Jiang

Nikita Jiang

Nikita Jiang is a dedicated journalist at Blue Tech Wave specializing in culture and technology. She holds a Bachelor's degree from King's College London and a Master's from the University of Manchester. Connect with her at n.jiang@btw.media.

Related Posts

Leave a Reply

Your email address will not be published. Required fields are marked *