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Hong-Kong investment fund raises $500M to push mass adoption in Web3
17.1.2023
The global asset manager HashKey Capital closed the funding round for its FinTech Investment Fund III, with which it plans to invest in startups and projects in the space perpetuating mass adoption
Polygon enlists Xternity to migrate multiplayer Web3 game from Solana
17.1.2023
To help transfer Synergy Land’s resources onto the EVM chain, Xternity proposed a process — via its network migration tool — that can be used to migrate games or projects across chains
Shiba Inu Price Strengthening on Upcoming Shibarium Layer 2 Beta Launch
17.1.2023
Meme crypto Shiba Inu's price rallied more than most coins in the top 20 over the past week as the team announced that its Layer 2 network, Shibarium, is set to enter beta launch soon. The developers of the project insist that Shibarium has not been designed as a tool to manipulate the Shiba...
Japanese Tax Agency Wants to Tax NFT Sales and Crypto Gaming Profits
17.1.2023
The Japanese tax body has signaled an intention to tax non-fungible token (NFT) sales and the profits earned by crypto and blockchain gamers.
In an FAQ-type document released by the National Tax Agency (NTA), the body explained “guidelines” for tax officers dealing with NFT-related “cases” where...
Lazarus Group's Stolen 41,000 ETH from Harmony Bridge Hack is on The Move
17.1.2023
A whopping 41,000 ETH stolen by the North Korean hackers Lazarus Group are currently being deposited on crypto exchanges.
According to an analysis of the token movements shared online, the ETH was sent through the anonymity system Railgun before being consolidated in wallets and sent to three...
'I thought SBF was the Mark Zuckerberg of crypto,' says Anthony Scaramucci
17.1.2023
Anthony Scaramucci said blockchain "skepticism is usually born from a lack of knowledge," while sharing his crypto holdings of Bitcoin, Ether, Solana and Algorand
Bitcoin, Ethereum Technical Analysis: BTC Back Above $21,000, Following Strong Chinese GDP Figures
17.1.2023
Bitcoin climbed back above $21,000 on Jan. 17, as markets reacted to better-than-expected Chinese gross domestic product (GDP) figures. The economic release comes as U.S. traders also returned to action, following the observation of the Martin Luther King Jr. Day celebration. Ethereum rose briefly...
Unmarshal now supports Moonbeam Network
17.1.2023
Unmarshal has published a blog post to announce that it has added support for Moonbeam Network as a part of regularly adding support for multiple chains. The integration of the endpoints of Unmarshal with Moonbeam Network will allow users to query blockchain data while architecting an application...
PancakeSwap Price Slips 3% to $3.71 - Should You Buy Dip in This Top DEX Coin?
17.1.2023
PancakeSwap price has started giving back the gains accrued from January 1, when it bottomed out at $3.15. CAKE is down slightly over 3% in 24 hours to trade at $3.72 at the time of writing. With this price analysis, investors will figure out if they should buy the dip or wait for PancakeSwap price...
Kevin O’Leary Says Crypto is Getting "Very Interesting" - Here's Why
17.1.2023
Investor and Shark Tank star Kevin O'Leary has said crypto is getting "very interesting" as the recent events have forced lawmakers to push for a solid regulatory framework....
Read More: Kevin O’Leary Says Crypto is Getting "Very Interesting" - Here's Why
Silvergate reports $1B net loss in the fourth quarter of 2022
17.1.2023
The report highlighted that the average deposits in the fourth quarter were $7.3 billion which was lower than the third quarter which had $12 billion
Start of Singtel’s first metaverse event in Singapore
17.1.2023
Singtel has formed an extremely lucrative partnership with SK Telecom (SKT). This entity happens to be the biggest telecom operator based in South Korea. Together they kick-started their very first splendidly organized metaverse event, the venue for which was the Singtel Comcentre in Singapore....
Spanish Airline Vueling to Accept Cryptocurrency as Means of Payment
17.1.2023
Vueling, a low-cost Spanish airline, has announced it is exploring the functionality of blockchain and NFT (non-fungible token) technology to accept cryptocurrency as a means of payment for its services. The company enlisted the aid of Criptan, a registered Spanish cryptocurrency exchange, and aims...
Cryptosat and DoraHacks Conduct Successful ZK Proof Trial Aboard ISS
17.1.2023
The phrase “to the moon” is prevalent in cryptocurrency circles. Cryptosat and DoraHacks take that principle to the heart following their experiment at the International Space Station (ISS). Both parties ran a cryptographic trusted setup for zero-knowledge proofs in space. Trusted...
Want to Buy Distressed Crypto Assets? 3AC Founders May Be Creating an Exchange For That Called GTX
17.1.2023
The founders of now-bankrupt crypto hedge fund Three Arrows Capital and troubled crypto exchange CoinFlex have teamed up to create a new exchange focused on the claims of failed crypto projects.
Su Zhu and Kyle Davies, the founders of collapsed crypto hedge fund Three Arrows Capital (3AC),...
Bitget Becomes the First CEX to Launch Copy Trading in The Spot Market
17.1.2023
PRESS RELEASE. (Victoria, Seychelles, 17 Jan 2023) – Leading crypto derivatives exchange Bitget announces to be the first exchange to launch copy trading in the spot market. As the first exchange for offering copy trading for derivatives in 2020, Bitget has honed its highly liquid, highly...
Best Crypto to Buy Today 17th January – CELO, MEMAG, CAVA, FGHT, CRO, CCHG, CVX, RIA, LRC
17.1.2023
The cryptocurrency market has enjoyed another day of gains, with its total cap rising by 1% in 24 hours, to $1.03 trillion. This marks more or less a week of uninterrupted increases, with the publication of more positive US inflation figures serving to set off a wave of renewed optimism from...
Monex Mulls Purchase Of FTX's Japanese Subsidiary
17.1.2023
Monex Group, a financial services company based in Tokyo, has shown an interest in buying up the Japanese subsidiary of Sam Bankman-Fried’s defunct FTX crypto platform, according to Oki Matsumoto, the CEO of Monex....
Read More: Monex Mulls Purchase Of FTX's Japanese Subsidiary
WEF Predicts Metaverse Tech Will Change Industry First, Moving to the Consumer Space Later
17.1.2023
The World Economic Forum (WEF) has published an article predicting how metaverse tech will evolve and how it will be introduced in different sectors. For the organization, the biggest impact of the implementation of this tech will be observed in industrial environments, where it will contribute...
Bitcoin Bull Run? Institutional Investors Look Like They Are Still on the Sidelines
17.1.2023
Though the price of bitcoin (BTC) is up 23% in a week, institutional investors are "just watching" for now, found the blockchain analytics firm CryptoQuant.
After two months of its price hovering around $16,000-$17,000, bitcoin is seeing green fields again. It went up 2% over the past 24 hours...