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Bitcoin price rally provides much needed relief for BTC miners
20.1.2023
Bitcoin’s prolonged breakout above $22,000 is easing pressure on razor thin profit margins for BTC miners
Coindesk Up for Sale? Investors Circle Crypto News Publication Amidst Genesis Bankruptcy
20.1.2023
According to various reports, investors are reportedly interested in purchasing Coindesk, a cryptocurrency news publication. On Jan. 18, Wang Feng, founder of China-based news publication Marsbit, announced his intentions to purchase Coindesk along with other members of the crypto industry. This...
C+Charge Crypto is Transforming EV Charging With Carbon Credit Rewards, $341K Raised – Buy in Presale Now
20.1.2023
The electric vehicle revolution is going into overdrive, with major automakers committing to electrifying their entire vehicle lineups over the coming years. From sedans to SUVs, minivans to pickup trucks and sports cars, the shift towards electric vehicles is now evident.
With advancements...
Solana is still in decline, while BudBlockz is on the rise
20.1.2023
Sieving through for the right opportunity can be challenging in a field with hundreds, if not thousands, of projects. Cryptocurrencies are increasingly ushering in a new wave of investment opportunities as the sector tries to bounce back after a roller-coaster in 2022. Solana (SOL) is one project...
Bitcoin, Ethereum Technical Analysis: BTC Back Above $21,000 Despite Genesis Bankruptcy
20.1.2023
Bitcoin crept back up to the $21,000 level on Friday, as volatility in the cryptocurrency market remained high. After falling by nearly 4% in Thursday’s session, the global market cap is up by 1.14% as of writing. This comes despite the news that crypto lender Genesis has recently filed...
How to use margin trading and leverage in crypto trading?
20.1.2023
Cryptocurrency trading is a popular and potentially lucrative investment option. You can trade Bitcoin and altcoins using the same exchange. This allows you to leverage your capital, allowing you to enter larger trades than you could otherwise afford. There are several ways to make more money...
Genesis’ crypto lending businesses file for Chapter 11 Bankruptcy Protection
20.1.2023
Genesis, along with its 2 subsidiaries, filed for Chapter 11 bankruptcy protection last Thursday following the collapse of FTX and Three Arrows Capital. The application has been filed by Genesis Global Holdco, Genesis Asia Pacific Pte, and Genesis Global Capital, seeking a joint administration...
Davos 2023: Banking Panel Reinforces the Need for Crypto Regulation
20.1.2023
A group of global banking experts hosted by the World Economic Forum (WEF) convened about the need for global crypto regulation, including stablecoins and unbacked crypto assets. The panel agreed there must be at least some kind of base regulation for these assets and bank-equivalent regulation...
Bybit CEO offers clarity on exposure to Genesis, but community demands more
20.1.2023
The community questioned Bybit’s timing in revealing their exposure now and many demanded proof to back up the reassurance from the CEO
Nexo confirms to pay a total of $45M in settlement to U.S. regulators
20.1.2023
On 19th Jan, the security regulators of the U.S. North American Securities Administrators Association and Securities and Exchange Commission (SEC), announced that Nexo capital had to pay almost $45 million in penalties. The regulators claim that Nexo has failed to register its EIP. As a result...
Binance to Increase Presence in Poland in Compliance With Local Regulations
20.1.2023
Binance has unveiled intentions to broaden its activities in Poland, another EU member state where the global cryptocurrency exchange is registered. The coin trading platform plans to develop its Polish entity, recruit local talent and launch educational initiatives. Crypto Exchange Binance Moves...
Nexo Agrees to Pay $45 Million to SEC and State Regulators for Unregistered Offering of Earn Interest Product
20.1.2023
The cryptocurrency lender, Nexo, has agreed to pay $45 million to the U.S. Securities and Exchange Commission (SEC) and several state regulators after charges were levied against the firm for failing to register the company’s Earn Interest Product (EIP). Nexo detailed that the settlements...
Ransom refusals hit attackers where it hurts: 40% revenue drop in 2022 — Chainalysis
20.1.2023
A number of industry pundits believe the U.S. Office of Foreign Assets Control’s threat to impose sanctions has victims thinking twice about paying up
NYU Professor ‘Dr. Doom’ Says 99% of Crypto Is a Scam — Tells Investors to ‘Absolutely Stay Away’
20.1.2023
NYU Professor Nouriel Roubini, aka Dr. Doom, has warned that “99.99% of crypto is a scam, a criminal activity, a total real-bubble Ponzi scheme that is going bust.” He advised investors to “absolutely stay away” from crypto, claiming that most people in the crypto space...
First and Only Crypto Based EV Charging Platform Raises $330k in Presale - Don’t Miss Chance for 10x Green Gains
19.1.2023
The electric vehicle market is continuing to take off, demanding a more efficient and user-friendly system to accommodate an increasing number of EVs. C+Charge has answered the call with their upcoming blockchain-based EV charging platform that will make charging EVs simpler and cheaper than ever...
FTX-linked Moonstone bank to exit the crypto space
19.1.2023
Following the collapse of FTX, the company has decided to rebrand and exit the crypto space
1inch Network Launches Hardware Wallet for Storing Users’ Private Keys in a Secure Offline Setting
19.1.2023
The decentralized exchange aggregation service 1inch Network has announced the launch of a cold storage hardware wallet. The team notes that the project is in its final stages of development. The hardware wallet, expected to go on sale later this year, features a 2.7-inch e-ink grayscale touch...
OKX declares $7.5B in liquid assets in proof-of-reserves report
19.1.2023
According to blockchain analytics firm CryptoQuant, OKX has the largest clean asset reserves of all the major exchanges
FTX’s $5.5 Billion in Alleged ‘Liquid Assets’ Includes Locked SOL Cache and Illiquid FTT Holdings
19.1.2023
Two days ago, bankruptcy administrators and FTX debtors published an update for unsecured creditors claiming the discovery of $5.5 billion in liquid assets. Roughly $3.5 billion of these funds are cryptocurrency assets, with 11 different digital currencies classified as “liquid...
FTX CEO says he is exploring rebooting the exchange: Report
19.1.2023
FTX Trading, doing business as FTX.com, was one of roughly 130 companies under FTX Group that filed for bankruptcy following the firm's reported liquidity crunch in November