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Jim Cramer Expects SEC to ‘Do a Roundup’ of Uncompliant Crypto Firms — Urges Investors to Get Out of Crypto Now
8.1.2023
The host of Mad Money, Jim Cramer, says he expects the U.S. Securities and Exchange Commission (SEC) to do a roundup of crypto firms that are not compliant with regulation. Expecting the SEC “to sweep everything,” Cramer urges investors to “get out” of crypto now....
FTX asset sales challenged by U.S. Trustee: Report
7.1.2023
A U.S. Trustee filed an objection to plans by FTX to sell its units in Europe and Japan, among other businesses
Wyre Announces Modification of Withdrawal Policy, Pushing Topps to Temporarily Suspend NFT Marketplace Transactions
7.1.2023
Following reports that the crypto payments firm Wyre was shutting down operations, CEO Ioannis Giannaros offered a contradicting story, stating that the firm was merely “scaling back.” Wyre has now announced that it is “modifying” its withdrawal policy, citing the crypto...
Sberbank Analyst’s Editorial Delves Into the ‘Tremendous Potential’ of a BRICS Reserve Currency Fueling De-Dollarization
7.1.2023
During the last month, Russia’s ruble has dropped 16.48% against the U.S. dollar as energy and commodity prices have slowed over the last few weeks. Russia’s central bank revealed two weeks ago that it is further distancing itself from U.S. dollar dependence by purchasing the Chinese yuan...
Hedge funds subpoenaed by U.S. prosecutors as Binance probe unfolds: Report
7.1.2023
United States prosecutors are investigating hedge funds' relationships with cryptocurrency exchange Binance for money-laundering violations
Report: Federal Prosecutors in New York Probe Digital Currency Group and Subsidiary Genesis
7.1.2023
Following accusations from Gemini co-founder Cameron Winklevoss in an open letter to Digital Currency Group CEO Barry Silbert, a report citing “people familiar with the matter” states that federal prosecutors from New York are scrutinizing transfers between Digital Currency Group...
Sam Bankman-Fried's charitable donations sought by FTX: Report
7.1.2023
FTX's new management is seeking to recover millions of dollars donated by Future Fund and SBF
Bitcoin Hashrate Reaches All-Time High, Boost Could Lead to Record-Setting Difficulty Increase
7.1.2023
During the first week of the new year, Bitcoin’s hashrate reached an all-time high (ATH) on Jan. 6, 2023, at block height 770,709. The network recorded a milestone of around 361.20 exahash per second (EH/s) on Friday, jumping more than 4% higher than the previous record of 347.16 EH/s...
Biggest Movers: ETC Surges 14% to Hit 6-Week High on Saturday
7.1.2023
Ethereum classic was one of the biggest movers to start the weekend, as prices surged to a six-week high. The move saw the token climb by as much as 12%, breaking out of a key resistance level in the process. Polygon also moved higher, as it raced towards a recent price ceiling. Ethereum Classic...
Using blockchain technology to combat retail theft
7.1.2023
Blockchain technology may be a solution when it comes to anti-theft measures for retailers
OpenAI will lead to better art and narration in Web3 games — Immutable exec
7.1.2023
Alex Connelly says the technology provides “very cool storytelling opportunities.”
Bitcoin, Ethereum Technical Analysis: BTC, ETH Surge to Start the Weekend, Following Friday’s Payrolls
7.1.2023
Bitcoin moved closer to the $17,000 level to start the weekend, as traders continued to react to the latest U.S. nonfarm payrolls data. December’s payrolls came in at 223,000, which was better than the 200,000 markets had expected. Ethereum was also higher on Saturday, with prices nearing...
Web3 Lost Nearly $4 Billion To Fraudsters Last Year - Will Things Improve in 2023
7.1.2023
The crypto industry lost approximately $4 Billion worth of digital assets to hacks, fraud, scams, and rug pulls last year, a more than 50% decline compared to over $8 billion stolen in 2021.
According to a recent report by Immunefi, a bug bounty and security services platform for the Web3...
Crypto Whale Invests $18k in Move-to-Earn Coin Fight Out – Here's What's Attracting the Big Money
7.1.2023
The Move-to-Earn (M2E) movement has proved that it is not just a hype but a worthy course aiming to change how people live. Ecosystems like STEPN, Sweat Coin and Step App are gradually becoming competitive by incorporating new tech solutions in Web3....
Read More: Crypto Whale Invests $18k...
Crypto Miners in Kazakhstan Start Paying Higher Electricity Fees
7.1.2023
Since the beginning of 2023, cryptocurrency miners operating in Kazakhstan are obliged to pay new fees for the power they need to mint digital coins. A surcharge introduced in 2021 now depends on the price of electricity consumed by bitcoin farms and can be much higher than the original levy....
Bitcoin price nears 3-week high as trader says sub-7% CPI may see $19K
7.1.2023
Bets are increasing on a push higher for Bitcoin and on BTC price action defining the current range as its macro bottom
Cathie Wood’s Ark Keeps Buying Coinbase Stock - Is She Being Clever or Stupid?
7.1.2023
Cathie Wood, CEO of investment management firm ARK Invest, has acquired more shares of major cryptocurrency exchange Coinbase which has lost almost 90% of its value over the past year.
The company purchased approximately $5.8 million worth of COIN stock on Thursday, split between the ARK Next...
Fintechs Accounted for Over 30% of Tracked Kenyan Tech Startups in 2022 — Study
7.1.2023
As of November 2022, Kenyan fintechs accounted for 30.2% or 93 out of the 308 tracked tech startups, a Disrupt Africa study recently found. In addition, the study findings show that the fintech sub-sector alone accounted for 3,100 or 27% of the 11,462 people that were employed by tech startups...
Dash 2 Trade Crypto Raises More Than $14m as Investors Buy Before Presale Ends, Exchange Listings January 11th
7.1.2023
Crypto signals, bot and analytics platform Dash 2 Trade has raised $14 million days before its first exchange listings on 11th January 2023.
Trading in the D2T token will go live on Gate.io, LBank, BitMart and Uniswap at 10am UTC.
Earlier this week Dash 2 Trade announced that it had secured...
Metaverse to possibly create $5T in value by 2030: McKinsey report
7.1.2023
The success of Metaverse will rely on a greater focus on maximizing the human experience aimed at delivering positive experiences for consumers, end-users, and citizens