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BNB Chain reflects 2022’s December star highlight
2.1.2023
BNB Chain, a blockchain network, took to Twitter to announce the last update for Dec 2022 Stars. The four projects, SuperPower Squad, Zebec, Yuliverse, and NFTScan, were made public in December. The highlights also included Christmas events from SuperPower Squad and Yuliverse and token listings...
Kia America NFT raises $100k for pet adoption charity
2.1.2023
Kia America, an automobile manufacturer, launched its first NFTs in February. Since then, the company has contributed to funding 22k pet shelters. Kia has set a valuable goal and raised funding for an NGO to relieve overpopulated animal shelters. Kia has auctioned several robotic puppy-themed NFTs...
$CHECK: Paycheck’s brand new upgraded token on SushiSwap
2.1.2023
Paycheck is delighted to announce their upgraded token on SushiSwap, launching on January 1, 2023, in VALLETTA, MALTA! Their products are tailored to help individuals build and grow their wealth, offering applications and services such as the NFT Marketplace with art and trading masterships....
Cardano price continues consolidation: Will ADA recover?
2.1.2023
At the beginning of 2022, ADA was trading around $1.63. but currently, at the beginning of 2023, it is trading around $0.25, which suggests a massive loss of value for Cardano. The long-term downtrend discourages retail investors from investing their hard-earned money in such a digital asset....
Research shows fake unregulated crypto exchange volume
2.1.2023
A paper titled “Crypto Wash Trading,” published by the National Bureau of Economic Research, also known as the NBER shows that almost 70% of the transactions on unregulated crypto exchange platforms are made up of wash trades. In other words, those transactions are fake. A “wash...
Crypto exchange adoption boosts ENS registrations over 2.2M
2.1.2023
The Ethereum Name Service rounded off 2022 with over 2.2 million ENS domains registered, helped in part by integrations with exchanges and industry participants
Trouble brewing for the US: Two-thirds of TradFi expects a 2023 recession
2.1.2023
Recent research from major financial institutions tied to the Federal Reserve sees the U.S. facing a “shallow” or “mild” recession in 2023
Disputed Venezuelan Gold Worth $1.8B in Bank of England Vaults Remains Uncertain After Dissolution of Interim Government
2.1.2023
The status of the Venezuelan gold currently being held by the Bank of England might fall into regulatory limbo after the dissolution of the interim government of Juan Guaido. The 31 tons of gold have been the subject of dispute between the current president Nicolas Maduro and Juan Guaido since...
Türkiye to use blockchain-based digital identity for online public services
2.1.2023
Shortly after the Turkish central bank completed the first CBDC tests, Türkiye announced a blockchain-based digital identity application
Bitcoin (BTC) needs a strong trigger for a positive breakout!
2.1.2023
At the beginning of 2022, BTC was trading around $47K, but currently, it is trading at around $16K. That means it has lost massive value in the last 12 months. There can be plenty of reasons behind such a downfall, but the prevalent question in the market is, will Bitcoin hit 100K in the next...
XRP Price Prediction as XRP Climbs Back Above $0.30, Can it Get to $1 Soon?
2.1.2023
XRP price has printed a green candle alongside other selected cryptos like Bitcoin (BTC), which is up 1.1% and Ethereum (ETH), up 2% on the day. The international money transfer token's move above $0.30 could be seen as a New Year gift to investors still reeling from the 2022 crypto winter....
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OpenSea witnesses sale of 1.3 M Polygon NFTs in Dec 2022
2.1.2023
OpenSea recently announced that the platform sold over 1.3 million Polygon NFTs in December 2022. The transactions amounted to over 15.3 million dollars from 116,000 active traders. Thus was the third-highest month in 2022 (based on NFTs sold for every active trader.) It amounted to 11.24 NFTs...
Dogecoin Foundation announces new fund for core developers
2.1.2023
The Dogecoin Foundation allocated 5 million DOGE, which is around $360,000 at the time of writing, to the development of the ecosystem
Sam Bankman-Fried’s Alameda Research troubles predate FTX: Report
2.1.2023
SBF had claimed that the operations of FTX and Alameda were independent, but the recent lawsuit has revealed that both firms worked in conjecture from day one
Original Bitcoin Core Developer has BTC Stolen From Wallet – This is What Happened
2.1.2023
Core Bitcoin developer Luke Dashjr has revealed that he has lost almost his entire stash of BTC after his PGP (Pretty Good Privacy) key was compromised just before the new year.
In a Sunday tweet, the developer said his PGP key, a common security method that uses two keys to gain access...
Italian Parliament Approves 26% Tax for Cryptocurrency Gains in 2023 Budget Law
2.1.2023
The Italian Parliament has introduced a 26% capital tax on cryptocurrency gains as part of the 2023 budget law, which was approved on Dec. 29. The document also offers incentives for taxpayers to declare their cryptocurrency holdings, proposing a 3.5% aliquot for undeclared cryptocurrencies held...
US will see new 'inflation spike' — 5 things to know in Bitcoin this week
2.1.2023
Bitcoin starts 2023 with a whimper as volatility stays absent and BTC price tips favor fresh downside to come
Bitcoin Core developer hack highlights self-custody risks: Community responds
2.1.2023
A Twitter user pointed out that if a top Bitcoin developer can’t keep his wallet secure, then mass adoption is a pipe dream
Hong Kong brokers line up for SFC approval ahead of new virtual asset trading legislation
2.1.2023
The Legislative Council of Hong Kong passed legislation that will soon open up virtual assets to retail investors, and local financial services are lining up for licensing approval
Integrating Decentralized Cross-Chain Communication Makes Bridges ‘Substantially Safer’ — Flare Networks CEO
2.1.2023
Although they grabbed less media attention than the collapse of centralized organizations, the so-called bridge exploit incidents in 2022 again proved that the decentralized finance (defi) ecosystem still lacks sufficiently secure solutions, Hugo Philion, the co-founder and CEO of Flare Networks...