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Regulators Learning from Crypto to Take on Pump and Dumps in Stocks


  A newly released presentation has revealed how the Australian Securities and Investments Commission (ASIC) has learned about pump and dump activities in the crypto market, and how the same schemes have spilled over to the stock market. The previously unknown presentation was first made public...

Polygon Justifies Its Quiet Hard-Fork Citing 'Critical Vulnerability'


  Earlier this month, the popular Ethereum (ETH) layer-2 solution Polygon (MATIC) carried out a hard-fork, though in silence and with no official explanation. Now, exactly 24 days later, it justified its actions in a postmortem, citing a critical vulnerability that could have drained the network...

Crypto Listing and Delisting Announcements: Week 52


  Here is our weekly collection of digital asset listing and delisting, trading pair-related announcements by crypto exchanges that we found last week and today.  Have we missed something? Do you have information about new listings and/or delistings? Let us know here. ...

Kadena Sees Christmas Rally with Yield Farming, NFTs in Focus


Ethereum (ETH) wannabe competitor kadena (KDA) has continued to soar higher in the market over Christmas on hopes that the protocol will bring improvements to everything from smart contract creation to non-fungible token (NFT) trading. As of 10:37 UTC, KDA traded at USD 15.31, up 12% for the past...

OpenDAO's SOS Token Falls Over 20% After Its Initial Near-500% Leap


  Decentralized autonomous organization (DAO) OpenDAO launched on Christmas Eve with an airdrop targeting users of the major non-fungible token (NFT) marketplace OpenSea - and a massive rise of the DAO's token was followed by a correction.   ... Read More: OpenDAO's SOS Token Falls Over 20% After...

Bitcoin and Ethereum Struggle to Recover, AAVE Accelerates


  Bitcoin price started a downside correction below USD 49,000. BTC traded below USD 48,500 and is currently (12:12 PM UTC) showing bearish signs. A close below USD 48,000 might spark more downsides. Similarly, most major altcoins are stuck in a range. ETH is trading below USD 4,000 but well...

Banking Giant KB Creates Crypto, NFT & CBDC-compatible Wallets


  The South Korean banking giant Kookmin Bank (KB) says it has developed new multi-coin wallets that are capable of storing non-fungible tokens (NFT) and various tokens including central bank-issued coins. Per Fn News, KB has developed solutions using the Klaytn blockchain protocol, which...

UK Regulator Calls Foul On Arsenal FC Fan Token Ads


  London-based football club Arsenal FC has drawn the ire of the UK advertising watchdog Advertising Standards Authority (ASA) for what the regulator calls “taking advantage of consumers’ inexperience in cryptoassets.” The regulator banned Facebook and website posts in which the football side...

Yearn.Finance Token Jumps as Team Promises ‘Aggressive Buybacks’


  YFI, the governance token issued by the decentralized finance (DeFi) protocol Yearn.Finance, has seen its price almost double in a week following the announcement of a completed token buyback worth some USD 7.5m. The buyback, which Yearn.Finance said made up 0.77% of the total supply of...

BitMEX to Launch BMEX Token in 2022, Announces Airdrop


  Major crypto derivates exchange BitMEX said it will launch its token, BMEX, in 2022, in two phases. The first phase, an airdrop, "starts now," the company said, adding that "from now until the end of March, you’ll be airdropped BMEX according to your trading volume." The exchange noted that...

Crypto Listing and Delisting Announcements: Week 51


  Here is our weekly collection of digital asset listing and delisting, trading pair-related announcements by crypto exchanges that we found last week and today.  Have we missed something? Do you have information about new listings and/or delistings? Let us know here. ...

Crypto Market Sentiment Falls Further as Ethereum Enters Neutral Zone


The crypto market sentiment took a turn to the worse this week, with most major coins seeing a lower sentiment score (sentscore) today compared to last Monday. The 7-day moving average of the sentscore for ten major cryptoassets stood at 4.85 today, down from 4.96 a week ago, according to...

Bitcoin and Ethereum Near Crucial Juncture, Altcoins in Red


  Bitcoin price struggled to clear the USD 48,500 resistance level and started another decline. BTC traded below USD 47,000 and it seems like there is a risk of more losses. It is currently (11:56 UTC) trading below USD 46,500 and it could even decline below USD 45,500.... Read More: Bitcoin...

Investors Not Impressed by Polkadot's Parachains Launch


  Blockchain protocol Polkadot (DOT) failed to impress investors over the weekend as it launched its first set of parachains, or individual blockchains running in parallel within the Polkadot ecosystem. While Polkadot's utility token DOT was relatively flat on December 18, the day of the launch...

DAOs, Token Holders Could Face New Tax Liabilities, PwC Report Warns


  People who are part of Decentralized Autonomous Organizations (DAOs), or even holders of certain decentralized finance (DeFi)-focused governance tokens, could have tax liabilities that far exceed what they expect to see, a new PwC report on crypto taxation has warned.... Read More: DAOs, Token...

TRX Drops As Justin Sun Leaves Tron to Become an Ambassador


Tron (TRX) founder Justin Sun said he was appointed as the Ambassador, Permanent Representative of Grenada to the World Trade Organization, and now he's stepping away from the day-to-day operations at the Tron Foundation. At 11:31 UTC, TRX, ranked 23rd by market capitalization, traded at...

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