What Happened in the Cryptocurrency Market During the Week of December 2-8

Regulatory news

Trump may appoint cryptocurrency advocate Paul Atkins to head the SEC.

Cryptocurrency lender Celsius co-founder Alex Mashinsky has pleaded guilty to multiple charges, including fraud.

The Moscow Regional Court has issued a verdict in the case of the crypto mixer Hydra. Its founder Stanislav Moiseyev received a life sentence.

Cryptocurrency Exchange News

The American division of the largest crypto exchange Binance, Binance.US, has listed the PEPE memcoin.

Binance to Launch BTC Staking via Babylon Protocol on December 9th

Project news

Sonic Labs announced the launch of the Sonic L1 mainnet and announced an airdrop of S tokens.

Shiba Inu developer announced an airdrop and the launch of the Shifu token.

Other crypto market news of the week

Cardano founder Charles Hoskinson has called on the crypto industry to unite and put past grievances behind him. He has previously criticized BTC, XRP, and SOL on numerous occasions.

The US government has transferred $33.6 million in ETH, BUSD, and other tokens confiscated from FTX to unknown wallets.

Crypto content views on YouTube hit yearly high

French company Metavisio has unveiled the concept of the world's first Web3 laptop with a built-in cold cryptocurrency wallet.

Donald Trump has appointed former PayPal COO David Sachs to lead the White House's AI and crypto efforts.

Plutonex