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Socket Retrieves $2.3M in ETH Following Bungee Bridge Exploit
23.1.2024
Source: AdobeStock/Roman Samokhin Interoperable blockchain network Socket has announced the retrieval of 1,032 Ether tokens worth $2.3 million. Announcing this development on X (formerly Twitter), the protocol revealed that these digital funds were linked to the January 16 Bungee Bridge exploit...
JPMorgan Sees Challenges Ahead for Crypto Market — Downgrades Coinbase Stock
23.1.2024
Warning of a difficult time ahead for the crypto market, global investment bank JPMorgan has downgraded Coinbase stock. Emphasizing that crypto prices are already under pressure, JPMorgan warned of “greater potential for cryptocurrency ETF enthusiasm to further deflate,” driving with...
Bloomberg: Don’t Blame Bitcoin ETFs For Crypto Market Dump – Here’s the Latest
23.1.2024
Bitcoin ETFs are not to blame for Bitcoin (BTC)’s seismic price drop this month, according to Bloomberg ETF analyst Eric Balchunas. Tapping a fresh multi-year high of $49,000 on January 11, the launch of several U.S.-based Bitcoin spot ETFs that same day has appeared to mark a definitive local...
Trump Doubles Down on Anti-CBDC Stance, Gives Full Credit to Ramaswamy
23.1.2024
Former President Donald Trump doubled down on his claim that he will “never allow” a central bank for digital currency (CBDC) during a Monday night rally in New Hampshire. Trump vows no CBDC Trump credited former presidential hopeful Vivek Ramaswamy, who has since endorsed Trump in...
Tornado Cash Co-Founder Braces for Precedent-Setting Trial in US
23.1.2024
Roman Storm, facing multiple federal charges related to his role in the creation of Tornado Cash, is bracing for a trial in the United States. Scheduled for September 2024, the trial could have far-reaching implications for the crypto industry and digital privacy laws. Roman Storm Pledges Vigorous...
GBTC Experiences Record Bitcoin Outflow; Blockguard CEO Advises Investor Calm Amidst Market Shift
23.1.2024
Grayscale’s spot bitcoin exchange-traded fund (ETF), known as GBTC, has experienced increased outflows since its recent update. Present data reveals that a substantial 14,292.18 bitcoin, valued slightly above $556 million, exited the fund after Monday’s trading activities. GBTC Sees...
Metallicus Introduces New Metal Blockchain Banking Innovation Program
23.1.2024
  From the start, Metallicus has operated with a vision that the future of crypto is secure and compliant. With a dynamic advisory board made up of diverse leaders from the blockchain, cryptocurrency, and traditional banking worlds, they have steadily worked to advance their strategy to build...
Over $580,000 Drained in Phishing Scams Targeting Web3 Firms – What’s Going On?
23.1.2024
About $580,000 has been drained following a calculated phishing campaign targeting at least four web3 firms’ email addresses. Digital asset scam detective, ZackXBT commented on the developments on X (formerly Twitter). He flagged several emails sent out in a calculated attempt to appear to be from...
Crypto Mystery Deepens with 21,000 Ordinal Inscriptions Airdropped in Enigmatic Bitcoin Game
23.1.2024
In a mysterious development, someone has airdropped 21,000 digital inscriptions, known as RSICs, to the Bitcoin Ordinals community as part of a Bitcoin game promotion. The message on one of the inscriptions suggests a “technological arms race” related to securing a bag of runes has begun, and...
Is Grayscale Takeover Bait Amid Bitcoin ETF Battle?
23.1.2024
Experts said newcomers in the bitcoin investing game could be enticed by Grayscale, the incumbent with a huge lead
Maxine Waters Questions Meta’s Digital Asset Ambitions
23.1.2024
Maxine Waters has sent a probing letter to Meta, querying the tech giant’s recent spate of trademark applications related to digital assets and blockchain technology. Maxine Waters Suspects Meta’s Renewed Interest in Digital Assets Through Trademark Filings Maxine Waters, the ranking...
Coinbase Begins Technical Assessment to Onboard New Ethereum Execution Client for Diversity
23.1.2024
Digital asset exchange Coinbase has revealed its effort toward Ethereum execution client diversity after users complained about the platform’s overreliance on Go.Ethereum (Geth). In a Jan 23 X (formerly Twitter) post, Coinbase quelled community concerns about the dominance of Geth as the only...
Coinbase Falls After JPMorgan Downgrades Stock to Underweight on Disappointing Bitcoin ETF Catalyst
23.1.2024
The bitcoin ETF catalyst that pushed the ecosystem out of its crypto winter last year will disappoint investors in 2024, the report said
SEC Blames Social Media Account Hack on ‘SIM Swap’ Attack in Fake Bitcoin ETF Post
23.1.2024
The US Securities and Exchange Commission (SEC) has revealed that its social media account on X fell victim to a “SIM swapping” attack in relation to the false post about the approval of Bitcoin exchange-traded funds (ETFs) earlier this month. The incident, which occurred on January...
Bitcoin Price Drops Below $39k as Total Liquidation Reaches $320 Million in 24hrs
23.1.2024
Source: Pixabay Bitcoin (BTC) is facing another wave of volatility falling below the $39,000 mark on Tuesday, a 4.33% slump in the past 24 hours. The largest crypto by market cap is currently trading at $38,955 at press time. Bitcoin price has dropped slightly over 9% in the weekly charts and...
First Mover Americas: Bitcoin Slips Below $39K
23.1.2024
The latest price moves in bitcoin [BTC] and crypto markets in context for Jan. 23, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Dogecoin Price Prediction as $800 Million Sends DOGE into the Red – Buy the Dip?
23.1.2024
The Dogecoin price has dropped by 6.5% in the past 24 hours, sliding to $0.07726 as the wider crypto market continues to suffer from profit-taking and loss-cutting in the wake of this month’s Bitcoin ETF approvals. DOGE is now down by 18% in the past month, and with the meme token also having...
US Senator Elizabeth Warren Comments Digital Assets Are Used to Evade Economic Sanctions
23.1.2024
U.S. Senator Elizabeth Warren criticized the illegal use of cryptocurrency assets by bad actors. Commenting on a report issued by the U.S. Government Accountability Office (GAO), Warren declared that “rogue nations are using crypto to dodge sanctions and undermine our national...
China Proposes Digital Yuan’s Accelerated Adoption in Beijing and Shanghai
23.1.2024
China authorities have proposed new policies to accelerate the adoption of digital yuan in designated districts in Beijing and Shanghai. According to Xinhua, China State Council’s General Office has announced a comprehensive reform initiative for Shanghai’s Pudong New Area, scheduled to...
Exploring the Privacy Concerns Around CBDCs
23.1.2024
The future of money is digital and many countries are developing their own Central Bank Digital Currencies (CBDC). This in turn will have far-reaching implications on society, businesses, and banks, as the use of physical cash declines. Retail CBDCs are government-backed digital fiat money which...