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Former SEC Official’s Crypto Warning: Regulatory Onslaught Is Just Beginning
18.1.2023
The Securities and Exchange Commission (SEC)’s former head of internet enforcement has warned the crypto industry that a “regulatory onslaught is just beginning.” His warning followed several recent enforcement actions the securities regulator took against major crypto firms....
Blockchain’s Non-Crypto Applications Take Center Stage on Davos Day 2
18.1.2023
Policymakers and business executives were quick to draw a distinction between distributed ledgers and cryptocurrencies at #WEF23
Sony Might Finally Be Ready To Focus On PS5 Games (And Ditch PS4)
18.1.2023
The decade-old PlayStation 4, released all the way back in 2013, has continued to receive big, new exclusives from Sony, even if those old-gen ports feel outdated or inferior. But now, it finally seems like Sony is ready to move on and leave the aging PS4 behind. Well, almost ready…Read more
Crypto Conglomerate DCG Suspends Dividends Amid Distress at Genesis Unit
18.1.2023
"In response to the current market environment, DCG has been focused on strengthening our balance sheet by reducing operating expenses and preserving liquidity," it told shareholders in a letter Tuesday
French Crypto Companies Must Seek Authorization by 2024 Under New Lawmaker Plans
18.1.2023
The French National Assembly plans offer more time than a Senate proposal, as the country prepares for a new EU crypto law
Finnish Minister Calls for EU Law to Recognize DAOs
18.1.2023
Brussels must act to enable smart contracts to take off across the bloc, communications minister Timo Harakka said
Rising Bitcoin Prices Cause Cascade of Short Liquidations, Highest Ratio of Short vs. Long Wipeouts Since July 2021
17.1.2023
The top two crypto assets have risen significantly in the past seven days, with bitcoin jumping 22.6% and ethereum increasing 18.6% against the U.S. dollar. According to market data, both crypto assets saw the largest increase on Saturday, Jan. 14, 2023. The sudden spike in value caused the highest...
Crypto Markets Today: Bitcoin Holds Strength Above $21K, Congress' FTX Problem
17.1.2023
ALSO: Crypto bank Silvergate reports a fourth-quarter loss of $1 billion. Equities closed mixed after big banks’ 4Q earnings reports
FTX's Failure Highlights Need for Federally Mandated Insurance, Not More Regulation
17.1.2023
There is extensive precedent for requiring companies providing critical infrastructure to get special insurance. Why not require crypto companies to back themselves with a market-based solution, say the founders of Evertas, a crypto insurance provider?
Latin American Web3 Infrastructure Provider Parfin Raises $15M
17.1.2023
The funding round was led by crypto investment firm Framework Venture and included L4 Venture Builder, a corporate venture capital fund backed by the Brazilian stock exchange B3
FTX Debtors Give Details on Digital Assets Identified So Far
17.1.2023
The group has identified $1.6 billion of digital assets associated with FTX.com and $181 million connected to FTX US
Smart Contract Tokens, Defi Economy See Strong Growth, Market Capitalization Swells by $78 Million in 30 Days
17.1.2023
Smart contract tokens and the decentralized finance economy have been on a tear during the last month, gaining against the U.S. dollar. The market capitalization of the smart contract platform token economy has swelled by $78 million over the last 30 days, increasing from $243 billion to...
Can Barry Silbert Delay the Inevitable?
17.1.2023
Ukraine Deputy Prime Minister: I'll Take Salary in CBDC
17.1.2023
Mikhail Fedorov says he wants to make his war-torn country the leading jurisdiction in the world for virtual currency after a successful fundraising campaign
CBDCs Are the Future of Money, IBM Exec Says
17.1.2023
Live from the World Economic Forum in Davos, Switzerland, IBM executive partner Shyam Nagarajan discusses why a hybrid model could drive widespread adoption of central bank digital currencies
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...
Crypto Marketing Needs to Change. Let’s Make 2023 the Year for Influencer Accountability
17.1.2023
FTX was just like the ill-fated Fyre Festival: a hollow project fueled by mendacious influencer marketing, says Oxygen's Nemo Yang
Biggest Movers: XMR, DOT Move Higher, Rebounding From Recent Declines
17.1.2023
Monero rebounded from recent losses on Tuesday, as the token attempted to recapture recent highs. The move comes as U.S. markets reopened following a public holiday on Monday. Polkadot also moved higher in today’s session, snapping a two-day losing streak. Monero (XMR) Monero (XMR) rebounded...
Crypto Developers Grew in Numbers Amid Bear Market, VC Firm Electric Capital Says
17.1.2023
Developers are mainly focusing on alternative ecosystems to Bitcoin and Ethereum, helping them grow faster, the VC firm said in a report
Polygon Completes Hard Fork to Reduce Gas Fee Spikes, Disruptive Reorgs
17.1.2023
The software upgrade to the Ethereum scaling project went live on Tuesday and included two proposals from December that Polygon validator teams voted to approve