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Enjin Coin Price is Still Pumping, 7% Higher at $0.416 - Can ENJ Reclaim $1 By Next Week?

20.1.2023
Enjin Coin Price is ushering in the weekend in style, following a colossal 39% bullish move in seven days. The NFT and gaming platform has in two weeks netted 68.9% in cumulative gains, with its value growing 59.7% in a month. The bullish outlook in ENJ is expected to spill over into the weekend...

Genesis’ crypto lending businesses file for Chapter 11 Bankruptcy Protection

20.1.2023
Genesis, along with its 2 subsidiaries, filed for Chapter 11 bankruptcy protection last Thursday following the collapse of FTX and Three Arrows Capital. The application has been filed by Genesis Global Holdco, Genesis Asia Pacific Pte, and Genesis Global Capital, seeking a joint administration...

Davos 2023: Banking Panel Reinforces the Need for Crypto Regulation

20.1.2023
A group of global banking experts hosted by the World Economic Forum (WEF) convened about the need for global crypto regulation, including stablecoins and unbacked crypto assets. The panel agreed there must be at least some kind of base regulation for these assets and bank-equivalent regulation...

Bybit CEO offers clarity on exposure to Genesis, but community demands more

20.1.2023
The community questioned Bybit’s timing in revealing their exposure now and many demanded proof to back up the reassurance from the CEO

CFTC’s opinion on the regulation of the digital assets market

20.1.2023
Following the relaunching of the Global market Advisory committee, it happens to be the Commodity Futures Trading Commission (CFTC) has decided to gather all of its attained knowledge and experience through the years and arrive at the table for discussions related to the proper ways of bringing...

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...

There’s Been a Rise in Argentinians Choosing to Get Paid in Crypto – Here’s Why

20.1.2023
There has been a sharp rise in Argentinians choosing to work for companies that pay them in crypto rather than fiat, a new report has suggested. Speaking to the media outlet Criptonoticias, Jonathan Chester, the CEO of Bitwage claimed that in the past year, the number of Argentines who have used...

Cardano update set for February bringing better interoperability

20.1.2023
Cardano and IOG (Input Output Global) are working together to elevate Plutus’ status. The smart contract programming language is set to receive a huge upgrade with the next Cardano update. Set for February, the update will allow Plutus to support Schnorr and ECDSA (Elliptic Curve Digital Signature...

Here's Why Solana Price May Pump to $50 - But Fight Out Move to Earn Crypto is a More Profitable Alternative

20.1.2023
The solana price is down by 1% today, having dropped to $21.03 in the past 24 hours. Its current level represents a 26% increase in a week and a 71% surge in the last 30 days, with the layer-one cryptocurrency compensating for some of the steep losses it incurred last year.... Read More: Here's...

MT4 traders get 2 new indices from Dukascopy

20.1.2023
Dukascopy has extended the portfolio of indices by adding two new ones to the list: Volatility Index and South Africa Top 40 Index. Dukascopy, also one of the good and regulated forex brokers in the UAE, wanted to bring a good set of advantages for the traders. These are available for clients...

Silvergate Capital Incurs Loss of $1 Billion in Q4 of 2022

20.1.2023
Silvergate Capital Corporation, the parent firm of the crypto-focused bank Silvergate Bank, has attributed the $1 billion loss it incurred in the fourth quarter of 2022 to the confidence crisis that permeates the entire crypto ecosystem. While Silvergate has taken steps to help it navigate...

Will Solana (SOL) hit the $50 mark in 2023 beginning?

20.1.2023
Solana is a leading cryptocurrency in the industry, and it will regain the pre-FTX level within a few months. At the time of writing this post, SOL was trading around $21.55, forming a short correction on the upper Bollinger Bands that may come to the level of $17. It would be an ideal time...

NFT sales topped 101 million in 2022: DappRadar report

20.1.2023
A recent report from DappRadar revealed that over the last year, NFT and gaming-centered decentralized applications rivaled DeFi DApps on many major blockchains

Genesis Files for Bankruptcy as it Seeks Protection From its Creditors – Which DCG Unit is Next to Fail?

20.1.2023
After months of struggling, crypto lending and trading firm Genesis has filed for bankruptcy - but it's not the end of its troubles. Genesis, a unit of the Digital Currency Group (DCG), said in a press release that Genesis Global Holdco, LLC and two of its lending business subsidiaries, Genesis...

Crypto Payments Company MoonPay Acquiring Web3 Creative Agency Nightshift, Rebranding as Otherlife

20.1.2023
Crypto payments infrastructure provider MoonPay is taking over Web3 creative agency Nightshift which will rebrand as Otherlife as part of the deal. The acquisition is to contribute to MoonPay’s plan of establishing itself as a one-stop shop for brands interested in expanding to crypto, collectible...

Nexo confirms to pay a total of $45M in settlement to U.S. regulators

20.1.2023
On 19th Jan, the security regulators of the U.S. North American Securities Administrators Association and Securities and Exchange Commission (SEC), announced that Nexo capital had to pay almost $45 million in penalties. The regulators claim that Nexo has failed to register its EIP. As a result...

Binance to Increase Presence in Poland in Compliance With Local Regulations

20.1.2023
Binance has unveiled intentions to broaden its activities in Poland, another EU member state where the global cryptocurrency exchange is registered. The coin trading platform plans to develop its Polish entity, recruit local talent and launch educational initiatives. Crypto Exchange Binance Moves...