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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

Web3 Company Animoca Brands Lowers Fundraising Goal to $1 Billion in Q1 2023

7.1.2023
Animoca Brands, a Web3 gaming-focused company, has announced it is now targeting a raise of $1 billion for a fund directed to inject help for already established blockchain projects. The number is significantly lower than the $2 billion the company announced back in November as an upper limit...

Thai SEC Launches ‘Crypto Academy’ to Help Digital Asset Investors

7.1.2023
The Thai Securities and Exchange Commission (SEC) has launched a crypto academy where investors can learn about digital assets free of charge before investing. “The more you know your investments, the less risk you will have,” the Thai regulator emphasized. Thai SEC’s Crypto...

Bluechip NFT project Moonbirds signs with Hollywood talent agents UTA

7.1.2023
PROOF Co-founder Kevin Rose announced the deal via Twitter on Jan. 6, noting that the aim is to get the Moonbirds brand recognized on a global scale and not just in the Web3 space

SEC Charges Team Behind Coindeal Crypto Fraud That Promised 500,000 Times Investment Returns

7.1.2023
The U.S. Securities and Exchange Commission (SEC) has charged the team behind Coindeal, a $45 million fraudulent crypto investment scheme. The regulator explained that the defendants falsely claimed that Coindeal “would generate investment returns of more than 500,000 times...

SuperRare cuts 30% of staff as growth slows during crypto winter

7.1.2023
Despite only being a week into the new year, SuperRare adds to a number of firms announcing staff cuts such as Huobi and Genesis

IRS Official: Crypto Is Here to Stay and ‘Becoming More Legitimate’

7.1.2023
A top Internal Revenue Service (IRS) official says, “Cryptocurrency is here to stay,” and “it’s becoming more legitimate.” The official added that the U.S. tax authority is looking to partner with crypto companies, noting: “I don’t see how we can operate...

Mastercard partners with Polygon to launch Web3 musician accelerator program

7.1.2023
The program will help five emerging artists set up and manage their brands in the Web3 space, and is also aimed at educating people in the music scene on what avenues Web3 tech can offer them

Chinese Researchers Claim Success in Breaking RSA Encryption With Quantum Computer, Experts Debate Veracity of Discovery

7.1.2023
According to reports circulating on the web, 24 Chinese researchers have reportedly succeeded in breaking RSA encryption using a quantum computer. This would be a significant achievement, as RSA encryption is widely used in current security practices. However, a number of experts, computer...