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Tech Giant Globant Believes the Metaverse Will Have Its Make or Break Moment in 2023
21.2.2023
Globant, a Luxembourg-based tech giant with Argentine origins, has referred to the short-term future of the metaverse in its latest Tech Trends report. According to the company, this year the metaverse will “burn bright or burn out,” as it needs to show its potential when compared...
Chainalysis: Crypto Scam Revenue Dropped 46% in 2022
21.2.2023
Revenue from cryptocurrency scams dropped 46% in 2022, according to blockchain data analytics firm Chainalysis. “We attribute most of this decline to market conditions, as scam performance tends to worsen when cryptocurrency prices are in decline,” the firm explained. ‘Crypto Scam...
Crypto in Hong Kong Getting Soft Backing From Beijing: Bloomberg
21.2.2023
Report says officials from China’s Liaison Office have been spotted at crypto events in the City
US State Regulator Launches Crypto Scam Tracker
21.2.2023
The California Department of Financial Protection and Innovation (DFPI) has launched a cryptocurrency scam tracker to help residents “spot and avoid crypto scams.” The regulator stated: “As reports of new crypto scams emerge, the DFPI will continually update this tracker...
First Mover Asia: Bitcoin Edges Toward $25K During Slow Economic Day
21.2.2023
PLUS: Organizers of last year’s trucker-themed "Freedom Convoy" openly flaunted a court-ordered Mareva injunction used to freeze fundraised crypto. A Canadian judge said cryptocurrencies required more study, but declined to suggest stronger rules for the country
Next Crypto Bull Run Will Start From the East, Says Gemini Co-Founder
21.2.2023
Gemini’s co-founder believes that the next crypto bull run will come from the East. “It will be a humbling reminder that crypto is a global asset class,” he said. “The West, really the U.S., always only ever had two options: embrace it or be left behind. It can’t...
Crypto Hedge Fund Galois Capital Shuts Down — ‘We Lost Almost Half Our Assets to FTX Disaster’
21.2.2023
Crypto hedge fund Galois Capital is shutting down after losing about half of its assets to the FTX disaster. “Given the severity of the FTX situation, we do not think it is tenable to continue operating the fund both financially and culturally,” the fund’s co-founder told...
Expert Predicts Looming Economic Collapse as BRICS Nations Unite Against the Dollar
20.2.2023
Andy Schectman, CEO of Miles Franklin Precious Metals Investments, explained in a recent interview that the five leading emerging economies—Brazil, Russia, India, China, and South Africa, collectively known as BRICS nations—are “coalescing against the dollar.” Schectman believes that...
Modular blockchains could be the next hot crypto market trend in 2023
20.2.2023
As the crypto industry recovers, a new generation of modular blockchains could replace centralized bridges and exchanges
Ethereum’s Transition to Proof-of-Stake Yields Deflationary Results
20.2.2023
After the transition from proof-of-work (PoW) to proof-of-stake (PoS), Ethereum’s annual issuance rate has been reduced to negative 0.057%, according to statistics 158 days after The Merge. The metrics indicate that more ethereum tokens have been removed than issued, and if the chain were...
TOTHESMART Is Transitioning to Its Own Token What Is the TTS Token Phenomenon?
20.2.2023
PRESS RELEASE. TOTHESMART is a PlayToEarn mining farm built on Binance Smart Chain blockchain. The project works on decentralization principles and believes that the best way to develop community and promote blockchain industry in Mass Adoption is a game engine with open rules of the Game...
China's only public blockchain Conflux sees CFX price skyrocket 1300% in 2023
20.2.2023
Social media metrics show strong retail investor sentiment behind the ongoing CFX price rally
Helium Network Migration to Solana Blockchain in March Drives Significant Gains for SOL and HNT Tokens
20.2.2023
Over the past seven days, the crypto asset solana has increased more than 23% against the U.S. dollar after the announcement that the Helium Network plans to migrate to the Solana blockchain on March 27. Helium Network’s native token, helium, has also risen, jumping 25% over the past week...
Cardano Price Prediction as ADA Spikes Up 0.8% – How High Can ADA Go in 2023?
20.2.2023
Cardano price is delicately balancing last week’s decent rally with the possibility of a pullback below the pivotal $0.40 level. However, the mundane price action is not unique to ADA but is reflected among the top 100 cryptos. For now, the seventh-largest coin displays 15% in weekly cumulative...
Biggest Movers: SOL 11% Higher, BCH Hits Strongest Point Since July
20.2.2023
Solana rose by as much as 11% to start the week, as the token moved higher for a fourth consecutive session. Market sentiment has mostly been bullish in the past two weeks, leading to prices hitting a multi-month high on Monday. Bitcoin cash also surged, climbing to its strongest level since July....
Retail Crypto Investors in Emerging Economies Hit Hardest by FTX, Terra Collapses: BIS
20.2.2023
Over $450 billion vanished from the crypto market following the collapse of Terra's coins in May 2022 and another $200 billion was lost following FTX's bankruptcy in November 2022, the report said
FTX Bankruptcy Claims Sell for 20 Cents on the Dollar in Private OTC Markets
20.2.2023
Distressed asset funds can pick up FTX bankruptcy claims for around 20 cents on the dollar in hidden over-the-counter (OTC) markets, a person familiar with the matter told CoinDesk
CoinDesk's Major Award Is a Huge Moment for Us and Crypto Media Generally
20.2.2023
The news that Ian Allison and Tracy Wang are joint recipients of a Polk Award, one of the most prestigious in journalism, for three November scoops that led to the unraveling of FTX’s empire is a source of immense pride for all of us at CoinDesk
World-Leading Cloud-Mining Service Provider BitFuFu Launches ANTMINER Coupons Trading Function
20.2.2023
PRESS RELEASE. On 21st February, BitFuFu will announce the launch of the ANTMINER coupons trading function at the WDMS conference. ANTMINER coupons are issued by the world’s leading miner manufacturer BITMAIN, which can be used to offset the purchase order amount of ANTMINER produced which...
CoinDesk Wins a Polk Award, One of Journalism's Top Prizes, for Explosive FTX Coverage
20.2.2023
Three stories were honored, including Ian Allison’s scoop that led to Sam Bankman-Fried’s $32 billion crypto empire collapsing in days