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Wormhole hacker moves $155M in biggest shift of stolen funds in months
24.1.2023
Blockchain transaction history shows that the hacker transferred the funds onto a DEX and then went on to cycle funds around different DeFi protocols
Biggest Movers: XRP Jumps to 3-Month High as Crypto Markets Consolidate on Monday
23.1.2023
Xrp moved to a multi-month high on Jan. 23, as market optimism grew regarding a lawsuit between Ripple and the United States Securities and Exchange Commission (SEC). Following comments last week from Ripple CEO Brad Garlinghouse, many have bought the token in anticipation of the lawsuit ending...
Axie Infinity’s Monthly Player Count Drops to Low Not Seen Since November 2020
23.1.2023
After recording $4.26 billion in total non-fungible token (NFT) sales, the play-to-earn game Axie Infinity’s monthly player count has dropped to levels not seen since November 2020, a period of 26 months. Despite the low player count, the project’s native token, AXS, has climbed...
Ex-FTX US Head Raises $5M for Startup Months After Exchange Collapse
20.1.2023
Investors included the venture arms of Coinbase and Circle, a former FTX portfolio company
Layoffs Hit GameSpot, Giant Bomb Just Months After Fandom Buys Them
19.1.2023
Two of the biggest outlets in games media are the latest to face layoffs. A number of editorial staff across both Giant Bomb and GameSpot revealed they’d been let go on Thursday, just months after the sites were purchased by the Fandom wiki network.Read more
EU postpones final vote on MiCA for the second time in two months
18.1.2023
The final vote was delayed due to issues in the translation of the 400-page legal document
Bitcoin holds $20K while flirting with a neutral futures premium for the first time in 6 months
17.1.2023
Global and U.S. economic data and a few BTC derivatives-related metrics could determine whether Bitcoin retests the $20,000 level in the short-term
Defi Lending Sector Experiences Major Shake-Up: 71% of Total Value Locked Evaporates in 12 Months
17.1.2023
Decentralized finance (defi) has continued to remain deeply ingrained in the cryptocurrency economy as the ecosystem provides users with a non-custodial way to exchange digital assets, lend cryptocurrencies, issue stablecoins, and ways to profit from arbitrage. In the lending sector of defi, a...
Tanzanian Central Bank Adopts ‘Phased and Risk-Based Approach to Adoption of CBDC’
17.1.2023
After months of research, the Tanzanian central bank announced recently that it had chosen a more cautious and risk-based approach towards the adoption of its central bank digital currency (CBDC). During the research phase, the central bank said it paid particular attention “to risks...
Georgia Prepares to Launch Digital Lari Pilot in First Half of 2023
17.1.2023
The central bank of Georgia intends to publish a document detailing the concept of a national digital currency in the coming months. Other participating parties will use it to finalize their proposals for the pilot which the monetary authority plans to initiate in the first half of the year....
Bitcoin Surge Causes Over $500M in Liquidations, Highest in 3 Months
16.1.2023
Crypto markets regained the $1 trillion capitalization mark for the first time since November
Report: Egyptian Pound Reaches New Low Against US Dollar Despite Flexible Exchange Rate Regime
16.1.2023
The exchange rate of the Egyptian pound versus the U.S. dollar fell to a new low on Jan. 11 after it tapped 32.14 per greenback. The currency’s latest significant depreciation came just a few months after it adopted a flexible exchange rate regime. According to the International Monetary...
Bitcoin steps out of 'Fear' for the first time in nine months
16.1.2023
The Bitcoin Fear and Greed Index reached an index score of 52 over the weekend, marking the first time its hit neutral territory in three quarters
Grayscale files brief in ETF suit against SEC, oral arguments may come within months
13.1.2023
Grayscale appealed the SEC’s denial of its application to create a spot BTC ETF in June; the case “is moving swiftly,” according to the Grayscale chief legal officer
First Mover Asia: What's Next for Bitcoin After Biggest One-Day Price Pop in 2 Months?
13.1.2023
Plus: Shaurya Malwa writes that security firms are predicting that blockchain bridges can avoid some of the carnage of 2022 this year by security features built during the bear market
Ex-Coinbase Manager’s Brother Sentenced to Prison in Crypto Insider Trading Case
12.1.2023
A former Coinbase employee’s brother has been sentenced to 10 months in prison in what the U.S. Department of Justice (DOJ) called a “groundbreaking cryptocurrency insider trading case.” ‘Groundbreaking’ Crypto Insider Trading Case The U.S. Department of Justice (DOJ)...
Ubisoft Has Canceled At Least Seven Games In Six Months
11.1.2023
In a new financially-focused press release, Ubisoft has confirmed that it has canceled three more unannounced games, meaning that since July 2022 the publisher has now canned at least seven different video games. It’s more bad news for the publisher, who also confirmed that recent games like Mario...
Ex-Coinbase manager's brother sentenced to 10 months in insider trading case
10.1.2023
This is believed to be the first insider trading case involving cryptocurrency
FTX spent $40M on food, flights, and hotels in just 9 months: Court filings
9.1.2023
FTX did not hold back on company expenses in the Bahamas, according to court documents
Declining Interest Leads to Poor Market Performance for Ethereum Proof-of-Work Forks
3.1.2023
After transitioning from proof-of-work (PoW) to proof-of-stake (PoS), the Ethereum community saw the launch of two new PoW Ethereum forks: ethereumpow and ethereumfair. In the past four months, the value of both coins has dropped by 94.8% to 98.4% in U.S. dollars. PoW Ethereum Forks Ethereumpow...