#2024

A recent survey by the University of San Salvador reveals that although Salvadorans largely back President Nayib Bukele and his policies (Bukele was re-elected for a second term in 2024), they don’t see Bitcoin, which he has heavily promoted, as a practical payment option.

As of October 11, 2024, BlackRock, one of the largest U.S. investment firms, crossed a historic threshold with its assets under management surpassing $11.5 trillion for the first time. This was fueled by a surge in crypto-ETF inflows and a sharp rise in the company's stock.

Fidelity, the issuer of one of the Bitcoin ETFs (FBTC), has officially confirmed a data breach that compromised the personal information of more than 77,000 clients. While the company has not disclosed many details about the incident, it assured clients that the hackers did not gain access to their accounts. The breach occurred between August 17 and August 19, 2024.

On October 9, 2024, the Optimism L2 blockchain team announced their 5th airdrop. As part of this event, 10.2 million OP tokens (roughly $16 million at current prices) will be distributed to 54,000 users.

On October 9, 2024, SEC Chairman Gary Gensler spoke at an event at the New York University School of Law in Manhattan. Once again, he took the opportunity to lay out the familiar crypto concerns that the SEC, under his leadership, has been raising for years.

David Kagel, a retired American lawyer, was sentenced to five years in prison for operating a Ponzi scheme. In May 2024, Kagel admitted to conspiracy charges and has now received his formal sentence.

Hyper Foundation announced the upcoming airdrop of HYPE, a native token for the Hyperliquid blockchain ecosystem. Eligible users will receive the tokens in their wallets at the Genesis Event, with the final date to review and accept the event’s terms set on November 11, 2024.

Google Trends data shows that searches for "Bitcoin" have dropped to a 12-month low, scoring just 27 out of 100. The search interest peaked (100 points) in March 2024.

WhitePool, the mining pool created by WhiteBIT, continues to gain momentum in the mining sector. Since its launch in August 2024, it has quickly climbed to 15th place in the global mining pool rankings.

Advanced Micro Devices (AMD), one of the main competitors of NVIDIA, debuted its new AI chip, the Instinct MI325X. During the Advancing AI 2024 event, the company announced that the chip will be in production in the second half of 2025.

47% of traditional hedge fund managers invested in crypto assets, according to the “6th Annual Global Crypto Hedge Fund Report 2024,” released by AIMA (The Alternative Investment Management Association) on October 10, 2024.

On October 7, 2024, the Federal Court in San Francisco made a landmark ruling that could reshape the mobile app ecosystem.

In response to the MiCA regulations that took effect in the EU on July 1, 2024, Tether has revealed it’s working on a game-changing solution, specifically created for the European market. This bold move comes as Coinbase sets strict deadlines for compliance, with rumors swirling about a possible delisting of USDT within the European Economic Area.