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Genesis eyes fast resolution to creditor disputes and bankruptcy exit in May
24.1.2023
A lawyer for Genesis is optimistic it can resolve creditor disputes before the week is out while the firm could exit bankruptcy proceedings in four months
Bitcoin miners’ worst days may have passed, but a few key hurdles remain
23.1.2023
A handful of improving metrics show profit margins slowly improving for Bitcoin miners, but key areas of the sector remain under pressure
Crypto Billionaire Arthur Hayes Says Bitcoin May ‘Crash Back Down’ If This Happens – Here’s What You Need to Know
23.1.2023
Crypto billionaire and former CEO of BitMex Arthur Hayes has warned that Bitcoin may yield all its recent gains if the Federal Reserve does not pivot on monetary policy.
In a January 19 blog post, Hayes talked about inflation and how it could impact the crypto market. The billionaire noted that...
Philippine Authorities Rescue Alleged Victims of ‘Crypto Trafficking Ring’
23.1.2023
Philippine authorities say that they have rescued alleged victims of a “crypto trafficking ring” who were recruited to work in a call center in Cambodia and scam people out of their cryptocurrencies. The authorities are also investigating government employees who may have assisted...
Ransomware Revenue Drops as Victims Pay Less Often, Chainalysis Reports
21.1.2023
While the number of ransomware hits may not have decreased significantly, the revenue from such attacks has fallen sharply last year, according to Chainalysis. The blockchain forensics firm believes that to a large extent the trend can be attributed to more of the targeted organizations refusing...
Here's Why Solana Price May Pump to $50 - But Fight Out Move to Earn Crypto is a More Profitable Alternative
20.1.2023
The solana price is down by 1% today, having dropped to $21.03 in the past 24 hours. Its current level represents a 26% increase in a week and a 71% surge in the last 30 days, with the layer-one cryptocurrency compensating for some of the steep losses it incurred last year....
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Crypto Brokerage Genesis Global Capital May Be Nearing Bankruptcy Filing: Reports
18.1.2023
Genesis had previously halted customer withdrawals following FTX's epic collapse
Fire Emblem Engage May Be The Meaty Tactical RPG Fans Are Hungry For
17.1.2023
Fire Emblem Three Houses was adored by many for its detailed characters, intricate relationship building, and consequential story choices. The series’ strategy combat was still there, but hardly the main attraction. Based on early reviews, it sounds like Fire Emblem Engage flips the tables...
Want to Buy Distressed Crypto Assets? 3AC Founders May Be Creating an Exchange For That Called GTX
17.1.2023
The founders of now-bankrupt crypto hedge fund Three Arrows Capital and troubled crypto exchange CoinFlex have teamed up to create a new exchange focused on the claims of failed crypto projects.
Su Zhu and Kyle Davies, the founders of collapsed crypto hedge fund Three Arrows Capital (3AC),...
Osprey Vies for Control of Grayscale’s Bitcoin Trust; Tron’s Justin Sun Offers to Invest Up to $1B on DCG Assets
14.1.2023
Following charges by the U.S. Securities and Exchange Commission against the crypto exchange Gemini and the digital currency lender Genesis, Tron founder Justin Sun told the press that he may be able to purchase assets from Genesis, up to $1 billion, “depending on their evaluation of...
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
Bitcoin Cash Jumps 10% Ahead of Optimistic May Hard Fork
13.1.2023
Prominent traders pointed out scheduled improvements as catalysts that may have contributed to the move
Congress may be ‘ungovernable,’ but US could see crypto legislation in 2023
12.1.2023
Bipartisan support for cryptocurrencies exists on both sides of the aisle and in both chambers, but extreme elements could still thwart legislation
First Mover Americas: Crypto Markets Primed for Soft CPI
12.1.2023
The latest price moves in bitcoin (BTC) and crypto markets in context for Jan. 12, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
PlayStation Plus’ January Update Has Something For Everyone
11.1.2023
If you’re a PlayStation Plus subscriber, you’re in for a pretty sweet time starting on January 17. And if you’re not, the first catalog update for 2023 is tough to say no to. The latest injection of games to Sony’s subscription service features some undead co-op slaying, Super Saiyan shenanigans,...
Coinbase Rally May be a Selling Opportunity, Says Bank of America
11.1.2023
Analyst Jason Kupferberg downgraded the crypto exchange to underperform from neutral, saying 2023 estimates are still too high
First Mover Americas: CME BTC Futures Signal Worst of FTX-Induced Panic May Be Over
11.1.2023
The latest price moves in bitcoin (BTC) and crypto markets in context for Jan. 10, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
This Move-to-Earn Project Takes Fitness and Gyms Into the Metaverse And CME May Be Taking Notice
9.1.2023
Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com
The New Web 3.0 health and wellness platform Fight Out is set to revolutionize the fitness space with a new move-to-earn (M2E) model that incentivizes...
Ethereum Shanghai Testnet May Launch As Early as February to Enable Validator Staking Withdrawal
9.1.2023
Ethereum developers plan to release a public test network for the Shanghai upgrade, which will include code allowing withdrawals of ether staked in the Beacon Chain since December 2020, by the end of February.
In a call on January 5, Ethereum developers chose March 2023 as the tentative target...
Bitcoin price nears 3-week high as trader says sub-7% CPI may see $19K
7.1.2023
Bets are increasing on a push higher for Bitcoin and on BTC price action defining the current range as its macro bottom