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Ethereum Liquid Staking Trend Continues to Swell; 5 Platforms Control 97% of Market
7.2.2023
As of Feb. 7, 2023, the value locked in 11 Ethereum-based liquid staking protocols has risen above $11 billion, with Lido, Coinbase, and Rocket Pool recording 4-10% gains over the past month. Lido holds more than 73% of the total value locked (TVL) out of the 6.87 million ether held by the...
Starkware Plans to Open Source Key Tech Linked to Starknet Prover
6.2.2023
At the Starkware Sessions 2023 event, held at the Cameri Theatre in Tel Aviv, Israel, Starkware co-founder Eli Ben-Sasson informed the audience that the company intends to open source “key tech” linked to the Starknet Prover. During the event, the co-founder of the Ethereum scaling...
Binance Tells Indian Crypto Exchange WazirX to Withdraw Customer Assets Held in Its Wallets
3.2.2023
The solution ostensibly ends worries about what would happen to customer funds if Binance and WazirX end their collaboration
Why Venture Capitalists Won’t Be Held Accountable for Investing in FTX
1.2.2023
As impossible as it is to believe that venture capital funds did proper due diligence on mismanaged and allegedly fraudulent FTX, the inherent risk of early-stage investing makes regulatory change unlikely in the fallout
Here's why India held on to older crypto reforms in national budget 2023
1.2.2023
Experts opine that the Indian government needs more data and time to decide on rigid tax policies, given it has been only ten months since the tax laws were introduced in March 2022
Meet Ordinals, the New Bitcoin NFT Engine, and the Drama Surrounding Them
31.1.2023
Ordinals, a new way of using and getting content using Bitcoin, are enabling creators to harness the utility of NFTs (non-fungible tokens) directly from the blockchain, essentially creating native Bitcoin NFTs. This has stirred the pot in some circles, which are now discussing if this is the way...
The GEC – Geneva Event Crypto is to be held in Geneva in March
30.1.2023
The conference will take place in French and will aim to inform and explain this technological revolution underway in the world to an audience of all levels of experience as well as the latest news as simply and as clearly as possible. The public will have the opportunity to listen to experienced...
Ordinals protocol sparks debate over NFT's place in the Bitcoin ecosystem
30.1.2023
The community has been divided as to whether the NFT-like "digital artifacts" are the right fit for the Bitcoin ecosystem
Latest Earnings Report: Tesla Held All of its Bitcoin Despite Market Turbulence
26.1.2023
Tesla, the electric car company owned by Elon Musk, did not sell any of the bitcoin (BTC) it holds on its balance sheet during the bear market, a new earnings report from the company reveals.
According to Tesla’s earnings report for the 4th quarter of 2022, the company held $184m worth of “digital...
Elon Musk's Tesla held onto its Bitcoin in Q4 despite market turbulence
26.1.2023
The EV maker continued to hold its estimated 9,720 Bitcoin, only losing $34 million on its investment due to price declines towards the end of 2022
Destiny 2 Is Starting To Feel Like It’s Held Together With Duct Tape
25.1.2023
Free-to-play online MMO looter shooter Destiny 2, released in 2017, is one of my favorite video games. I play it all the time. I have multiple characters. I own all the recent seasons. It’s fantastic. But I’d be lying if I said I wasn’t concerned for the game’s future, as with each passing season...
Examining the Holdings of 5 Centralized Crypto Exchanges: A Look at Binance, Okx, Crypto.com, Bitfinex, and Huobi
22.1.2023
After FTX collapsed, the incident prompted many major crypto exchanges to publish proof-of-reserves and lists of known addresses so users can verify the solvency of the trading platforms. While the veracity of these proof-of-reserve lists and asset dashboards is debatable, they do provide some...
The 7th Edition Connected Banking Summit – East Africa will be held on the 7th of March in Nairobi, Kenya
20.1.2023
Accelerating Digital Inclusion and Sustainable Transformation Global executives, experts, and leaders will take the stage as we return with the 7th Edition Connected Banking Summit in Nairobi, Kenya, on March 7, 2023. The Connected Banking Summit Series focuses on building future-oriented banking...
Nexo Bitcoin Withdrawals Surge Following Raid of Bulgarian Offices
13.1.2023
After the offices of crypto lender Nexo were raided in Bulgaria, the digital currency lending platform experienced a significant amount of withdrawals starting Jan. 12, 2023. An archived snapshot of Nexo’s real-time attestation shows that the company held 133,263 bitcoin on that day. As...
Former FTX Director of Engineering Under Scrutiny by US Law Enforcement, Alleged Proffer Sessions Held With Prosecutors in New York
10.1.2023
U.S. law enforcement officials are reportedly scrutinizing Nishad Singh, the former director of engineering at FTX, according to a report citing people familiar with the matter. Another report, published on Jan. 10, 2023, details that Singh met with federal prosecutors at an alleged proffer session...
Report: Confirmation of Silvergate’s $8 Billion Deposit Plunge Sees Stock Price Drop by More Than 40%
6.1.2023
The price of the crypto-focused bank Silvergate Capital’s shares fell by over 40% after it reported a more than $8 billion drop in customer deposits. The share price plunge came just days after U.S. prosecutors reportedly seized collapsed crypto exchange FTX’s accounts held at the bank....
Disputed Venezuelan Gold Worth $1.8B in Bank of England Vaults Remains Uncertain After Dissolution of Interim Government
2.1.2023
The status of the Venezuelan gold currently being held by the Bank of England might fall into regulatory limbo after the dissolution of the interim government of Juan Guaido. The 31 tons of gold have been the subject of dispute between the current president Nicolas Maduro and Juan Guaido since...
Italian Parliament Approves 26% Tax for Cryptocurrency Gains in 2023 Budget Law
2.1.2023
The Italian Parliament has introduced a 26% capital tax on cryptocurrency gains as part of the 2023 budget law, which was approved on Dec. 29. The document also offers incentives for taxpayers to declare their cryptocurrency holdings, proposing a 3.5% aliquot for undeclared cryptocurrencies held...
Bahamas Seizes Digital Assets Worth Over $3.5 Billion From Collapsed Crypto Exchange FTX
31.12.2022
The Securities Commission of the Bahamas has revealed that it seized digital assets worth more than $3.5 billion from the collapsed crypto exchange FTX. The regulator explained that the cryptocurrencies were transferred to its wallets “for safekeeping” and “are being held by...
Bitcoin hashrate recovers after big freeze shuts down miners
26.12.2022
The Bitcoin network hashrate has returned to 241.29 EH/s after a temporary 38% fall to 170.60 EH/s from a weekly peak of 276.40 EH/s