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Bitcoin price surged, KAIA Chain integrated, Drake’s account hacked, and other Web3 news

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  • Bitcoin’s price surged 77% since October 10, reaching $106,533, while the number of wallets holding 100+ BTC increased by nearly 10% to 17,671, indicating growing confidence among retail investors who control over 88% of Bitcoin’s circulating supply.
    🔗Coinpedia Fintech News
  • KAIA Chain, currently trading at $0.2716 with a market cap of $1.6 billion, is integrated into LINE, offering innovative opportunities for blockchain adoption and potential price increases as market cap milestones are achieved.
    🔗Binance
  • On December 15, 2024, Drake’s X account was hacked, promoting a fraudulent meme coin called Anita, which saw a trading volume surge to $4.9 million before being identified as a scam, highlighting the vulnerability of celebrity social media accounts to crypto fraud.
    🔗Binance
  • Uphold will fully integrate Ripple’s new US-dollar-backed stablecoin, RLUSD, on December 18, 2024, and offer rewards for holding it through their Rewards Center starting in January 2025, emphasizing trust and transparency with monthly audits.
    🔗GlobeNewswire
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