Top tech news today: December 30, 2024

News Summaries

1. Squid Game tokens scam alert issued

Scammers are using the popularity of Squid Game to promote fraudulent tokens. Experts warn investors to stay cautious amid rising scam activity. Source

2. Memecoins market cap declines in December

The market cap of memecoins has seen a significant decline in December, reflecting broader cryptocurrency market challenges and investor caution. Source

3. DeFi 3.0 IRS rule faces pushback

The IRS’s stance on DeFi 3.0 options has drawn criticism, with industry experts like Alex Thorn urging a review of regulatory approaches. Source

4. Trump’s Bitcoin policies depend on US standing

Trump’s future Bitcoin policies are closely tied to the United States’ geopolitical positioning and the nation’s crypto stance, according to Ki Young Ju. Source

5. Volatility Shares files for Solana futures ETF

Volatility Shares is seeking approval for a Solana futures ETF, despite the absence of Solana futures products in the market. Source

6. Industry groups sue to block IRS DeFi user info collection

Industry groups have filed a lawsuit against the IRS, aiming to prevent the agency from collecting user information from DeFi platforms. Source

7. Shiba Inu burn rate surges by 972%

Shiba Inu’s burn rate has skyrocketed by 972%, sparking interest in its potential impact on the token’s price. Source

8. Dogecoin on verge of 91% price pump

Dogecoin could experience a major price surge of up to 91%, based on historical patterns, experts predict. Source

9. Dormant Bitcoin whale awakens after 11 years

A dormant Bitcoin whale has resurfaced after 11 years, potentially signaling a significant market shift. Source

10. Bitcoin sees $161 million bullish whale activity

Bitcoin experiences unusual bullish whale activity, with $161 million in transactions observed on Binance. Source

11. Bitcoin poised to rocket $10,000, says Pantera Capital

Pantera Capital founder predicts Bitcoin could surge by $10,000 in the near future, driven by strong fundamentals. Source

12. Pippen foresees $1 million for Bitcoin

NBA legend Scottie Pippen predicts Bitcoin could reach $1 million, highlighting its growing mainstream appeal. Source

13. Shiba Inu faces $40 trillion support, what’s next?

Shiba Inu’s price support is set at $40 trillion, but the question remains whether the token can hold this level. Source

14. Ripple CTO denies billionaire claims

Ripple’s CTO responds to claims of being a billionaire, insisting that the rumors are untrue. Source

15. XRP lifeline support incoming

XRP price is expecting lifeline support, potentially boosting its market stability and investor confidence. Source

16. Peter Brandt predicts Bitcoin’s next advance

Veteran trader Peter Brandt signals a potential Bitcoin price advance, citing a rare chart pattern. Source

17. US could embrace Bitcoin as a new standard

CryptoQuant CEO suggests the US might adopt Bitcoin as a new standard, which would reshape global finance. Source

18. Shiba Inu struggles below key support level

Shiba Inu is battling to maintain support below a key level, with $16 trillion at risk if it fails. Source

19. ARIN announces IPv6 deployment progress

ARIN announces continued progress in deploying IPv6 to improve network capabilities and internet scalability. Source

20. Windows 11 update strengthens security features

Microsoft releases a security update for Windows 11, enhancing system protection against growing cyber threats. Source

21. Parker Solar Probe sends breakthrough data

The Parker Solar Probe returns groundbreaking data on the sun, offering new insights into solar wind and space weather. Source

22. Telcos’ investment recovery faces hurdles

Telecom investment recovery is in limbo due to tariff hikes backfiring, with price wars expected to intensify by 2025. Source

23. Shaping rural connectivity for future growth

Rural connectivity is being redefined for the 21st century, with innovations to expand internet access and improve digital services. Source

24. Vodafone Idea’s 4G/5G network growth secured

Vodafone Idea’s plans for network growth are bolstered by a bank guarantee waiver, ensuring expansion into 4G and 5G. Source

25. Vodafone clears Rs 11,650 cr debt

Vodafone Group clears over Rs 11,650 crore of dues raised against Vodafone Idea shares, signaling financial stability. Source

26. Chinese cyberespionage targets US telcos

Chinese cyberespionage groups have targeted AT&T and Verizon, though both networks have remained secure, carriers confirm. Source

27. Bharti Airtel refarms spectrum for 5G

Bharti Airtel begins spectrum refarming for enhanced 5G network expansion, aiming to strengthen coverage and services. Source

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.

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