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New South African Code Says Crypto Asset Ads Must Include Capital Loss Warning

25.1.2023
Crypto asset service providers in South Africa seeking to attract investors via advertisements must “expressly and clearly state that investing in crypto assets may result in the loss of capital.” Influencers working on behalf of crypto asset service providers must “not offer...

Finder’s Experts Predict Bitcoin to Peak at $29K in 2023, But Forecast a Low of $13K

24.1.2023
The price of bitcoin is set to rise in 2023, but crypto and fintech experts chosen by the product comparison web portal finder.com do not believe the leading digital asset will break the $30,000 range this year. Finder’s panel of 56 specialists convened to give their 2023 bitcoin price...

NYDFS Releases Guidance on Importance of Segregation and Separate Accounting for Customer Funds in Crypto Industry

23.1.2023
On Monday, the New York Department of Financial Services (NYDFS) published guidance on custodial structures to help protect customers’ money if a crypto firm goes bankrupt. New York’s top financial regulator stressed that businesses should not commingle customer funds and that customer...

Bitcoin price stays near $23K as data shows hodlers not selling BTC

23.1.2023
Seasoned Bitcoin market participants are anything but willing to take profit, even with the BTC price up 40% in January

NYDFS advises crypto firms not to commingle user and corporate funds in the event of insolvency

23.1.2023
“A VCE's customer agreement should make clear the parties’ intentions to enter into a custodial relationship, rather than a debtor-creditor relationship," said the NYDFS

Axie Infinity’s Monthly Player Count Drops to Low Not Seen Since November 2020

23.1.2023
After recording $4.26 billion in total non-fungible token (NFT) sales, the play-to-earn game Axie Infinity’s monthly player count has dropped to levels not seen since November 2020, a period of 26 months. Despite the low player count, the project’s native token, AXS, has climbed...

Binance Banking Partner to Ban Crypto Trading Transfers Under $100K

22.1.2023
Clients of one of the banks facilitating fiat operations with Binance will not be able to trade crypto through SWIFT transfers of less than $100,000. The transaction minimum, aimed at reducing exposure to digital assets, will be introduced by the financial institution in February. Bank Working With...

Grand Theft Casino: Welcome to the New Gambling World in 2023

21.1.2023
As casino players, you know how difficult it is to get in the world of online gambling. Are you worrying about a welcome bonus whether it  sounds too good or not? Are you worried about withdrawing your money? Then trust … Continued The post Grand Theft Casino: Welcome to the New Gambling...

Davos 2023: CBDCs Are the Future of Central Bank Money but They Are Still Not Ready

21.1.2023
A World Economic Forum (WEF) panel comprised of central bankers and global tech providers has profiled central bank digital currencies (CBDCs) as the future of central bank money, presenting them as one of the solutions for limitations in the payments sector today. However, they have also stated...

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...

Nothing Outlaws Crypto in India if Legal Procedures Are Followed, Says Government Official

21.1.2023
An Indian government official says that there is currently nothing that outlaws crypto in India “as long as you follow the legal process.” Meanwhile, the country’s central bank, the Reserve Bank of India (RBI), has stressed that “cryptocurrency does not have any underlying...

DeFi should complement TradFi, not attack it: Finance Redefined

20.1.2023
Top 100 DeFi tokens continued their bullish momentum into third week of January with majority of the tokens trading in green on weekly charts

FTX Debtors’ List of Assets Omits Mention of Large Stash of NFTs and ENS Names Owned by Alameda

20.1.2023
This week, FTX debtors issued a press release and a 20-page document noting that bankruptcy administrators had located $5.5 billion in liquid assets. The document details that investigators discovered fiat currencies, crypto assets, and securities as part of FTX’s and Alameda...

Top 3 Reasons Why Crypto Prices Are Not Plummeting After Genesis Bankruptcy News

20.1.2023
Genesis is one of the largest companies in the Bitcoin and crypto space, and has this morning announced that they are to be entering into a chapter 11 bankruptcy filing, after many of the loans that they issued to various parties in the crypto space soured. Many in the cryptocurrency space...

1inch Network Launches Hardware Wallet for Storing Users’ Private Keys in a Secure Offline Setting

19.1.2023
The decentralized exchange aggregation service 1inch Network has announced the launch of a cold storage hardware wallet. The team notes that the project is in its final stages of development. The hardware wallet, expected to go on sale later this year, features a 2.7-inch e-ink grayscale touch...

FTX’s $5.5 Billion in Alleged ‘Liquid Assets’ Includes Locked SOL Cache and Illiquid FTT Holdings

19.1.2023
Two days ago, bankruptcy administrators and FTX debtors published an update for unsecured creditors claiming the discovery of $5.5 billion in liquid assets. Roughly $3.5 billion of these funds are cryptocurrency assets, with 11 different digital currencies classified as “liquid...

How to Transition to Manifest V3 for Chrome Extensions

19.1.2023
While I am not a regular Chrome extension programmer, I have certainly coded enough extensions and have a wide enough web development portfolio to know my way around the task. However, just recently, I had a client reject one of … How to Transition to Manifest V3 for Chrome Extensions...