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Crypto space has outshined other asset classes since July 2022
22.2.2023
Crypto has experienced its fair share of ups and downs due to volatile and highly dynamic market conditions. If recent reports are to be believed, then it looks like crypto is gaining traction yet again despite having a hard time in the earlier phases. July 2022 is a turning point, recording...
French Lawmaker Denies He Was Paid to Promote a Crypto Scam in National Assembly
22.2.2023
A French lawmaker has been accused of promoting limocoin swap (LMCSWAP), a “suspicious” African crypto project – but denies claims he was paid to talk up the coin in the National Assembly by lobbyists.
The claims were the latest to come from the newspapers Le Monde and MediaPart’s investigations...
Blockchain Security Firm PeckShield Uncovers New Crypto Scam That Pretends To Be Affiliated With ChatGPT
22.2.2023
Blockchain security firm PeckShield found a number of scam tokens whose creators look to profit from the ChatGPT craze.
PeckShield tweeted on Tuesday that,
"[It] detected dozens of newly created BingChatGPT tokens, of which 3 appear to be honeypots & 2 have high sell tax."...
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A16z Crypto leads $10 million seed round for Azra Games
22.2.2023
Azra Games has announced raising $10 million in the recent seed round, bringing the total seed fund to $25 million. The recent funding round was led by A16z Crypto, welcoming participants like Coinbase Ventures, NFX, and Franklin Templeton. Funds raised from the round will be directed by Azra Games...
Australian Crypto Gaming Firm Immutable Cuts Staff By 11%: Report
22.2.2023
Australian crypto gaming company Immutable is cutting 11% of its workforce, according to a report by The Sydney Morning Herald on Wednesday
US crypto regulation happening ‘behind closed doors’ – Blockchain Association CEO
22.2.2023
The “work has been done” for stablecoin regulation in the U.S., but many in Washington D.C. are feeling “burned” and “betrayed” over the FTX collapse last year
Redditor could lose young family after crypto trading addiction spirals
22.2.2023
What began as a Redditor “just dabbling” two years ago blew into full-blown crypto trading addiction that all came to a head three weeks ago
Kraken CEO: Regulators Let Bad Guys Get Big and Blow Up to Serve Their Agenda
22.2.2023
The CEO of crypto exchange Kraken, Jesse Powell, says U.S. regulators “let the bad guys get big and blow up because it serves their agenda.” The executive explained: “Bad guys operate with huge competitive advantages. They suck up users, revenue, and venture capital that would...
Kevin O’Leary Warns US Crypto Regulation Getting ‘Very Aggressive’ — ‘You’ve Got to Stay out of the Way of SEC’
22.2.2023
Shark Tank star Kevin O’Leary, aka Mr. Wonderful, has warned that U.S. crypto regulation is “getting very, very aggressive.” Noting that regulators are now “regulating by enforcement, penalties, and massive fines,” O’Leary emphasized the importance of staying...
First Mover Asia: Deconstructing Crypto's China Narrative
22.2.2023
Friendsies NFT creators deny 'abandoning' project amid rug pull allegations
22.2.2023
The Friendsies NFT collection responded to accusations it was behind a $5 million rug pull after announcing a “pause” of the project
Coinbase beats Q4 earnings estimates amid falling transaction volume
21.2.2023
Transaction volume on the exchange fell 12% in 2022's fourth quarter, but the firm still beat forecast earnings despite a 57% year-on-year revenue drop
Binance Increases USDC Holdings as BUSD’s Market Cap Slides Lower
21.2.2023
Eight days ago, Paxos announced that the company would no longer mint the stablecoin BUSD. Since then, the coin’s market capitalization has been sliding lower as redemptions have become more prominent. Meanwhile, a data researcher from Nansen has discovered that Binance, the largest...
Coinbase Q4 Revenue Beats Expectations, but Transaction Volume Falls 12% From Q3
21.2.2023
The crypto exchange reported its fourth-quarter earnings on Tuesday after the close
Mastercard to allow crypto payments in Web3 via USDC settlements
21.2.2023
The Mastercard-Immersve partnership uses decentralized protocols to settle real-time cryptocurrency transactions on outlets accepting Mastercard payments online
Most Retail Crypto Investors Lost Money Over the Last 7 Years, According to BIS Analysis
21.2.2023
According to data from the Bank for International Settlements (BIS), published in the latest BIS Bulletin No. 69, researchers assessed that, on average, most users lost money on their investments over the past seven years. Onchain data, metrics from exchanges, and cryptocurrency application...
How to build a crypto portfolio without spending any money or time trading
21.2.2023
Some say “it takes money to make money,” but this isn’t true in crypto. Here’s a few free ways to start building a portfolio
Original Bitcoin Wizard Artist Raises Nearly $150,000 in BTC via Lightning, Despite Criticism From Bitcoin Maximalists
21.2.2023
On Monday, crypto proponent Udi Wertheimer shared a story on Twitter explaining how he and the Taproot Wizards helped an artist who created the original 2013 bitcoin wizard meme raise nearly $150,000 in bitcoin. While the minting and sale were successful, Wertheimer explained that bitcoin...
SEC’s Shadow Crypto Rule Taking Shape as Enforcement Cases Mount
21.2.2023
U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler thinks the cryptocurrency industry is playing a game with his agency. He has said that companies are well aware of what they have to do to operate legally within the U.S., but they’ve decided not to do it – some of them in open scorn...
Is It Too Late to Buy XRP? Crypto Experts Give Their XRP Price Predictions
21.2.2023
XRP, the cryptocurrency that powers crypto payments firm Ripple’s decentralized, public blockchain (called the XRP Ledger), was last changing hands just under $0.39 per token, having pulled about 2.5% lower on the day amid a modest pullback in broader cryptocurrency prices from recent highs. XRP...