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Egyptian Fintech MNT-Halan Secures $400 Million in Funding, Valuation Rises to Over $1 Billion
4.2.2023
Egyptian fintech MNT-Halan announced on Feb. 1 that it had raised over $340 million via debt and equity and it expects to raise an additional $60 million from leading international investors. The latest funding round sees MNT-Halan’s valuation rise to over $1 billion which reportedly makes...
US Congress to hold 'crypto crash' hearing on Feb. 14
3.2.2023
The ‘Crypto Crash: Why Financial System Safeguards are Needed for Digital Assets’ hearing will come two months after senators met to discuss the collapse of FTX
NFT Sales Soar: January 2023 Reaches Nearly $1 Billion in 30 Days With 41% Increase
2.2.2023
Non-fungible token (NFT) sales increased 41.96% from the previous month, according to data recorded on Feb. 1, 2023. NFT sales reached nearly $1 billion in 30 days, with an approximate total of $997.53 million. Additionally, the number of digital collectible transactions rose more than 22% in...
Biggest Movers: LTC Races to 9-Month High, ATOM Extends Recent Gains
1.2.2023
Litecoin raced to a nine-month high on Feb. 1, following a breakout of a key resistance level. The surge in price comes as the global cryptocurrency market cap rose marginally higher today, and is up by 0.57% as of writing. Cosmos was another notable mover, with prices up for a second straight...
Bitcoin, Ethereum Technical Analysis: ETH, BTC Marginally Higher Ahead of FOMC Meeting Results
1.2.2023
Ethereum was marginally higher on Feb. 1, as markets prepare for the upcoming Federal Open Market Committee (FOMC) meeting results. Many are expecting that the U.S. Federal Reserve will increase rates by 25 basis points, taking current rates to 4.75%. Bitcoin was in the green on Wednesday,...
Nigeria Extends Deadline for Returning Soon-to-Be Demonetized Naira Banknotes
1.2.2023
After initially ignoring pleas to extend the period for returning old naira banknotes, the Nigerian central bank recently said it has shifted the deadline for returning old banknotes to Feb. 10. The bank’s governor, Godwin Emefiele, said some 30,000 so-called super agents have been deployed...
Ethereum staking withdrawal testnet Zhejiang to go online Feb. 1
31.1.2023
This is the first Ethereum public test since the Merge upgrade in September 2022. Developers said further testnets will be triggered in the coming week
Market Strategist Warns of ‘Blood’ on February 1 Ahead of Fed Meeting
29.1.2023
Stocks, precious metals, and cryptocurrencies rallied during the first month of the year, and market strategists are saying that markets could retract in the near future if the U.S. Federal Reserve keeps hiking rates and maintaining a broader tightening policy. In three days, on Feb. 1, 2023,...
Crypto Biz: Stablecoins are serious business, Feb. 17-24
25.2.2022
The stablecoin market continues to grow and diversify: Circle's USDC, Tether's USDT and Terra's UST all made headlines this week
Finance Redefined: 1Password partners with Phantom, and Stark deploys nine DApps, Feb. 18–25
25.2.2022
1Password joined forces with Phantom on a security endeavor, StarkNet rolled out its first set of DApps, and Celcius deployed an institutional Wrapped Ether pool on Maple Finance — all coming to you in this week’s Finance Redefined
Law Decoded: Bitcoin’s censorship resistance capacity enters the spotlight, Feb. 14–21
21.2.2022
Recent events in Canada sparked a global conversation about financial censorship and crypto's potential to guard against it
BlockFi settles with the SEC, Russia’s CBDC trials begin and Cointelegraph releases its 2022 Top 100 list: Hodler’s Digest, Feb. 13-19
19.2.2022
Finance Redefined: Axelar becomes a unicorn, new ETH addresses hit 1.5M per month, Feb. 11–18
18.2.2022
Blockchain platform Axelar surpasses $1-billion valuation, Ethereum’s on-chain metrics reveal compelling insights, Umbria innovates on Avalanche — all coming to you in this week’s Finance Redefined
Crypto Biz: JPMorgan enters the metaverse, Marshall Islands legalizes DAOs, Feb. 10-16
18.2.2022
In other business news, Fireblocks has acquired First Digital in a deal reportedly worth $100 million and the New York Stock Exchange is pursuing NFT trading
LBank Exchange Will List Marhaba Network (MRHB) on February 17, 2022
17.2.2022
PRESS RELEASE. INTERNET CITY, DUBAI, Feb. 17, 2022 – LBank Exchange, a global digital asset trading platform, will list Marhaba Network (MRHB) on February 17, 2022. For all users of LBank Exchange, the MRHB/USDT trading pair will be officially available for trading at 21:00 (UTC+8)...
LBank Exchange Lists Crypton (CRP) on February 11, 2022
12.2.2022
PRESS RELEASE. INTERNET CITY, DUBAI, Feb. 12, 2022 – LBank Exchange, a global digital asset trading platform, listed Crypton (CRP) on February 11, 2022. For all users of LBank Exchange, the CRP/USDT trading pair officially became available for trading at 20:00 (UTC+8) on February 11, 2022....
LBank Exchange Will List Lucky Block (LBLOCK) on February 11, 2022
10.2.2022
PRESS RELEASE. INTERNET CITY, DUBAI, Feb. 10, 2022, ZEXPRWIRE – LBank Exchange, a global digital asset trading platform, will list Lucky Block (LBLOCK) on February 11, 2022. For all users of LBank Exchange, the LBLOCK/USDT trading pair will be officially available for trading at 18:00...
Law Decoded: Tangible wins, new menaces and the global crypto taxation drive, Feb. 1–7
7.2.2022
Crypto advocates celebrate wins, the Treasury and SEC seek to introduce crypto-unfriendly rules, and governments rush to levy digital asset taxes
Law Decoded: Loose ends and long dramas, Feb. 19–26
26.2.2021
Longstanding sagas in crypto saw major plot development and even a conclusion or two in this week's newsletter
Nvidia Limits the Efficiency of Mining Ether Using Its GPUs by 50%
22.2.2021
Nvidia announced that it will start limiting the efficiency of mining ethereum or any other crypto using its new range of upcoming graphics processing units (GPUs). In a blog post published Feb. 19, the U.S. hardware maker said this limitation will feature first on its new Geforce RTX 3060 card...