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Top Crypto Media Site CoinDesk Puts Itself Up For Sale - Is This A Sign of How Deep DCG’s Liquidity Problems Are?
19.1.2023
Crypto news website CoinDesk has tapped advisors at Lazard, a leading financial advisory and asset management firm, to explore a full or partial sale of its business. The move comes as CoinDesk's sister company Genesis has been hit with a liquidity crunch following the collapse of FTX....
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Eurozone Finance Ministers Pledge Support for Digital Euro Project, Talk Privacy
19.1.2023
The ministers of finance of the countries in the eurozone reaffirmed their support for efforts to prepare for the potential launch of a digital euro. Meanwhile, the single currency area’s monetary authority sought to reassure future users that the new currency will be “preserving privacy by default...
Bitcoin Suisse explains why Swiss is a crypto pivot point: Davos 2023
19.1.2023
Bitcoin Suisse CEO emphasizes importance of "Swiss quality" and "safe custody for crypto industry."
Thailand Issues New Regulations on Custodied Cryptocurrencies
19.1.2023
The Securities and Exchange Commission (SEC) of Thailand has issued new regulations on custodied cryptocurrencies. Companies offering crypto custody services are now required to “establish a digital wallet management system to accommodate efficient custody of digital assets and keys...
Orbeon Protocol earns the attention of crypto experts and shoots up with Fantom (FTM) and Polkadot (DOT)
19.1.2023
The 2023 crypto market is expected to be very different from the market last year. One big difference will be the rise of new protocols that offer better security, scalability, and privacy than existing protocols. Among these is Orbeon Protocol (ORBN), which is expected to stand out as the best...
CoinDesk could be up for grabs as parent company DCG scrambles for funds
19.1.2023
DCG has reportedly received offers for CoinDesk exceeding $200 million in recent weeks, which at a purchase price of $500 thousand would be a 39,900% return on its initial investment
Aussie 'Big 4' bank mints stablecoin for carbon trading and remittances
19.1.2023
This marks the second "Big 4" bank in Australia to launch an Australian-dollar pegged stablecoin in a bid to boost the digital economy
C-C-C-Combo breaker: Bitcoin ends 'ridiculous' 14-day winning streak
19.1.2023
Bitcoin was on the road to breaking a nearly 10-year-old record but the price dip over the past day put a stop to the multi-day win streak
South Korea to Regularly Inspect Crypto Risks With New Monitoring Tools
19.1.2023
South Korea’s financial regulator is developing new tools to regularly monitor crypto risks. The regulator warned that while the impact of the crypto market on the traditional financial system is still low, the risks posed by crypto to the country’s financial stability could increase...
CFTC commissioner: Crypto exchanges shouldn't 'self-certify' tokens
19.1.2023
Commissioner Christy Goldsmith Romero wants crypto exchanges blocked from self-certifying crypto and crypto products before going live on their platforms
Soaring growth of Ethereum layer-2 networks set to continue in 2023
19.1.2023
Leading layer-2 networks on Ethereum have seen a surge in daily active users and fees recently
Japan Urges Regulators Worldwide to Subject Crypto Exchanges to Bank-Level Oversight
19.1.2023
Japan has reportedly urged other countries, including the U.S., to regulate crypto exchanges like they do banks. A top official at the Financial Services Agency explained that the recent FTX implosion wasn’t brought on by crypto technology but by “loose governance, lax internal...
Ripple CEO: XRP lawsuit resolved by June, SEC conduct 'embarrassing'
19.1.2023
Ripple CEO Brad Garlinghouse said the firm's XRP lawsuit could come to an end within "single-digit months."
FTX CEO fights to keep lawyers as calls for removal intensify
19.1.2023
Numerous parties have objected to the retention of Sullivan & Cromwell as lead counsel to FTX, citing conflicts of interest and insufficient disclosures
Ethereum Gas Fees Spike as ETH Value Rises: Average Onchain Fees Jump by More Than 50%
19.1.2023
While the second-largest crypto asset by market capitalization, ethereum, has risen 27% against the U.S. dollar in the last two weeks, the network’s average and median-sized gas fees have increased by more than 50%. On the first day of 2023, the average fee to spend ether was around $2.93...
ConsenSys slashes headcount 11% as chief economist reveals formula for adoption
19.1.2023
ConsenSys CEO Joseph Lubin confirmed the company would be cutting 96 of its staff to focus its resources on its core businesses
EV Charging Payments App on Blockchain Raises $310k in Presale – Invest Early in Future-Proof Project
19.1.2023
C+Charge is an upcoming EV charging payment app that aims to streamline the charging process and provide rewards to users. The app will connect EV owners with charging networks, allowing for easy payment transactions and earning carbon credits and sustainable cryptocurrency rewards in the process. ...
Bitzlato Exchange Busted as US Deals ‘Blow to Crypto Crime,’ Arrests Owner
19.1.2023
Cryptocurrency exchange Bitzlato, better known to the Russian-speaking segment of the market, has been taken down as part of an “international cryptocurrency enforcement action,” the U.S. Justice Department announced. The Russian owner of the platform has been arrested for his role...
Nearly $1 Billion Poured Into Egypt’s Forex Market — Local Currency Now World’s Worst Performing Currency in 2023
18.1.2023
The Egyptian central bank recently claimed that its decision to devalue the local currency has been vindicated by foreign investors’ return to the country’s foreign market where they reportedly poured in $925 million in just three days. The surge in the sales of Egyptian treasury bills...
Game subscription services: the upsides and downsides?
18.1.2023
Also: a look at Next Fest's pluses and minuses, and lots of news