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DYDX Token Surges 21% as Report Says Token Unlock Delayed Until December

25.1.2023
Next month's 150 million token unlock has been reduced, with 83 million tokens allocated to investors being locked until December, according to The Block

SEC Derailed Circle's Plans to Go Public via SPAC Deal: Report

25.1.2023
Circle, the company behind stablecoin USDC, has said its $9bn plans to go public didn't go through because the Securities & Exchange Commission (SEC) did not sign off on it

Stablecoins and CBDCs might play 'meaningful role' in payments — Visa CEO

25.1.2023
Visa began working on a blockchain interoperability project in Sept. 2021 to support CBDC and stablecoin adoption but few updates have been made since

Bank of America, JPMorgan, Wells Fargo Collaborate to Launch Digital Wallet: Report

25.1.2023
Seven major banks, including Bank of America, JPMorgan Chase, and Wells Fargo, have reportedly teamed up to launch a digital wallet that will compete with other third-party wallet providers such as Paypal and Apple Pay. Big Banks to Launch a Digital Wallet Bank of America, JPMorgan Chase, Wells...

New 'Celsius token' may be used to repay creditors: report

24.1.2023
It was suggested that the token could be part of a reorganization that would turn it into a publicly traded, U.S. regulated company

Why is crypto pumping? Watch The Market Report live

24.1.2023
On this week’s episode of The Market Report, Cointelegraph’s resident experts discuss the reasons behind the latest crypto pump

BlockFi to sell $160M in Bitcoin miner-backed loans: Report

24.1.2023
The deadline for bidders to submit offers for the Bitcoin-machine-backed loans is set for Jan. 24

Report: Crypto Adoption Hits New Milestones — Global Crypto Owners Reached 425 Million in 2022

24.1.2023
Crypto adoption achieved new milestones in 2022, with the number of crypto owners reaching 425 million during the year, a new report by Crypto.com shows. Moreover, the report reveals that the number of bitcoin owners reached 219 million in December while the number of ether owners reached...

Crypto Exchange Gemini Cutting Another 10% of Staff: Report

23.1.2023
Gemini has been swept up in the problems of crypto lender Genesis Global Capital, with whom it partnered on an interest-earning product

Ukraine’s Financial Watchdog Reports Blocking Russian Crypto Exchanges

22.1.2023
The financial monitoring agency of Ukraine has restricted access to a number of online crypto exchangers operating out of Russia. Some of the coin trading platforms are working with sanctioned Russian banks, the regulatory body announced in a report. Ukrainian Financial Authorities Target Russian...

Darknet Market Solaris Hacked by Competitor, Elliptic Reveals

22.1.2023
A leading marketplace on the dark web, Solaris, has been hit by a rival, according to crypto analytics company Elliptic. The Russia-linked platform, which tried to occupy space vacated by the busted Hydra, is believed to have conquered up to a fifth of the illicit market before the hack. Solaris...

U.S. home-loan banks lent billions of dollars to crypto banks: Report

21.1.2023
Signature Bank and Silvergate reportedly borrowed over $13 billion from the federal home loan system

Switzerland Less Affected by Crypto Industry Crisis, Study Finds

21.1.2023
While the global industry built around digital assets is losing funds and jobs are dropping off, Switzerland seems to be weathering the storm relatively well, one piece of research claims. In fact, more crypto companies settled in the country during the past turbulent year than those that left...

Ransomware Revenue Drops as Victims Pay Less Often, Chainalysis Reports

21.1.2023
While the number of ransomware hits may not have decreased significantly, the revenue from such attacks has fallen sharply last year, according to Chainalysis. The blockchain forensics firm believes that to a large extent the trend can be attributed to more of the targeted organizations refusing...

Coindesk Up for Sale? Investors Circle Crypto News Publication Amidst Genesis Bankruptcy

20.1.2023
According to various reports, investors are reportedly interested in purchasing Coindesk, a cryptocurrency news publication. On Jan. 18, Wang Feng, founder of China-based news publication Marsbit, announced his intentions to purchase Coindesk along with other members of the crypto industry. This...

Report: Somalia to Fight Inflation and Counterfeiters With New Banknotes

20.1.2023
According to the deputy governor of the Somalian central bank, Ali Yasin Wardheere, the institution plans to fight inflation and currency counterfeiters with newly issued shilling banknotes. The bank reportedly said it hopes to complete the process of replacing old and high-value shilling bills...

OKX Publishes 3rd Proof of Reserves Report, Shows it Holds None of its Native Token as Collateral

20.1.2023
Crypto-exchange OKX has released its third monthly proof-of-reserves (PoR) report, confirming that all its reserves are held in bitcoin, ethereum and USDT. This also means that none are held in its native token OKB, with OKX claiming that it has the largest ‘clean’ asset reserves of any major...