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Bitconnect Victims to Receive Over $17 Million in Restitution From Ponzi Scheme
14.1.2023
More than $17 million in restitution will be distributed among investors in the pyramid scheme Bitconnect under a court order in the United States. The notorious crypto investment scheme defrauded thousands of people around the world. Bitconnect Investors From Dozens of Countries to Be Paid Back...
Cryptocurrency Exchange to Sponsor Ukraine’s National Soccer Team
14.1.2023
Ukraine’s national soccer team has secured a sponsorship deal with a player from the industry that wants to engage fans and promote adoption of cryptocurrencies. As part of the agreement, an EU-based coin trading platform will be the team’s crypto partner for the next three years. Whitebit Exchange...
Samsung’s Asset Management Arm Launches Bitcoin Futures ETF in Hong Kong
14.1.2023
Samsung’s asset management arm has launched a bitcoin futures exchange-traded fund (ETF). The new actively managed ETF is listed and traded on the Hong Kong stock exchange. It seeks “to provide economic exposure to the value of bitcoin,” Samsung detailed. Samsung’s Bitcoin...
Bitcoin Retakes $20K, Leading as Broad Crypto Rally Continues
14.1.2023
Crypto market across the broad surged this week, while crypto-exposed stocks also benefited from the rally
Metamask Launches Ethereum Staking Services via Lido and Rocketpool
14.1.2023
On Friday, the Web3 wallet firm Metamask, a subsidiary of the Ethereum-centric company Consensys, announced the beta launch of ethereum staking features will be made available via Lido’s or Rocketpool’s liquid staking services. Users who want to stake ethereum and earn staking rewards...
Crypto Markets Today: Bitcoin Finishes Best Week Since March; Solana’s Bonk Barks
13.1.2023
ALSO: Bitcoin had its best day in two months after the Consumer Price Index (CPI) report shows inflation slowdown, extending this week’s digital-asset rally
Disgraced FTX Co-Founder Awaits Trial, Passes Time Playing Video Games and Blogging on His New Substack Newsletter
13.1.2023
The former CEO of FTX, Sam Bankman-Fried (SBF), has published a Substack newsletter on Jan. 12, 2023, and the first post is titled “FTX Pre-Mortem Overview.” In the post, SBF maintains that an “extreme, quick, targeted crash precipitated by the CEO of Binance made Alameda...
There Will Be No Lessons Learned From FTX
13.1.2023
There’s so much more to blockchain than crypto, and we’re just not getting there fast enough, says EY's blockchain innovation leader
Web3 Studio Sortium Raises $7.8M in Seed Round
13.1.2023
Crypto hedge fund Arca was among the participants in the funding round
Left for Dead Crypto Names Roar Higher as Bitcoin Bounces
13.1.2023
Bitcoin has risen more than 15% thus far this year, and is holding above $19,000 for the first time in a month
Worldwide Grassroots Projects Can Lead Crypto Recovery
13.1.2023
Crypto is not hurting lower income and marginalized communities, but instead providing them with new tools - through innovative governance models and tokenomics - to regain control from historically oppressive financial systems
Is Sam Bankman-Fried Losing His Mind?
13.1.2023
The fraudster's latest attempt at self-exoneration seems so divorced from reality, its author must be, too
SEC Charges Genesis and Gemini — Winklevoss Says Regulator’s Lawsuit Is ‘Super Lame’
13.1.2023
The U.S. Securities and Exchange Commission (SEC) has charged crypto exchange Gemini and crypto lender Genesis Global Capital, a subsidiary of Digital Currency Group (DCG). “Through this unregistered offering, Genesis and Gemini raised billions of dollars’ worth of crypto assets from...
Grayscale Slams SEC's 'Unreasonable' Barring of Spot Bitcoin ETFs
13.1.2023
The asset manager called the U.S. Securities Exchange's defense of its decision to block its spot-bitcoin ETF "illogical."
Former SEC Lawyer Says Agency Pushing to Be Crypto Regulator With Gemini/Genesis Suit
13.1.2023
Howard Fischer says that the government agency’s probe into the crypto firms could be the precedent the agency needs as it looks to “stake out” its turf as the main regulator of the digital asset space
Hive Blockchain Deploys First Intel-Powered Bitcoin Mining Machines
13.1.2023
The Canadian miner expects the machines to bring 110 to 130 terrash/second of computing power each
Nexo Bitcoin Withdrawals Surge Following Raid of Bulgarian Offices
13.1.2023
After the offices of crypto lender Nexo were raided in Bulgaria, the digital currency lending platform experienced a significant amount of withdrawals starting Jan. 12, 2023. An archived snapshot of Nexo’s real-time attestation shows that the company held 133,263 bitcoin on that day. As...
Crypto Bankruptcies Are Very Complicated
13.1.2023
The FTX, Voyager, Celsius and BlockFi bankruptcy proceedings are proving how complicated they really are
New MetaMask Product to Add Liquid Staking via Lido and Rocket Pool
13.1.2023
The update comes two months before an Ethereum upgrade is expected to allow users to withdraw their staked ETH
Bitcoin Mining Companies Need to Better Manage Risk
13.1.2023