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BitConnect’s Victims to Receive $17M in Restitution Seized From Scam’s Promoter
13.1.2023
A California judge has ordered $17 million in restitution to be paid out to hundreds of victims of the BitConnect Ponzi scheme, the infamous global scam that collapsed in 2018
Biggest Movers: SHIB Hits 6-Week High, ETC Extends Recent Gains
13.1.2023
Shiba inu was one of Friday’s biggest gainers, as the meme coin raced to a six-week high. The move came as the global cryptocurrency market cap surged, as U.S. inflationary pressures continued to cool off. Ethereum classic was also in the green, with price hitting a two-month high. Shiba...
Circulating Supply for The Graph’s GRT Token Jumps With Major Framework Ventures Unlock
13.1.2023
Before Framework Ventures’ on-chain actions, the 99 million GRT, worth roughly $7 million, had been sitting in the Graph’s staking contract since Feb. and March 2021
Biden Vows to Veto House Republicans’ ‘Fair Tax Act’ Proposing Elimination of IRS
13.1.2023
Several U.S. House of Representatives Republicans have proposed legislation that would significantly decrease funding for the Internal Revenue Service (IRS). The move comes after the newly elected Speaker, Kevin McCarthy, stated that he would challenge the funding granted to the U.S. tax agency...
Bloomberg, WSJ and CoinDesk Among Media Orgs Seeking to Know Who Bailed Out Sam Bankman-Fried
13.1.2023
Bloomberg, Reuters and the Wall Street Journal also cite a public interest given the scale of alleged fraud from the FTX collapse
Bitcoin, Ethereum Technical Analysis: BTC Hits 2-Month High, Climbing Above $19,000
13.1.2023
Bitcoin continued to trade higher on Jan. 13, with prices racing above the $19,000 level, hitting a two-month peak in the process. The latest surge comes as traders continued to react to Wednesday’s U.S. inflation report, which dropped to 6.5%. Ethereum also rose today, hitting a fresh...
UniFi partners with Mercury (CoinTrade) as one of their significant milestones of 2023
13.1.2023
As recently announced, we have partnered with Mercury (CoinTrade), a company that provides app-based trading platforms, exchanges, and forex staking services. A summary of 2022 was announced by UnUniFi after a brief holiday break. The Seed Raise funding round was one of the significant milestones....
Bitcoin Miner Bitfarms Looks to Amend BlockFi Loan, Warns of Default
13.1.2023
The outsanding $20 million are secured by only $5 million
First Mover Americas: SEC Targets Gemini, Genesis
13.1.2023
The latest price moves in bitcoin (BTC) and crypto markets in context for Jan. 13, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Multi-Million Euro Crypto Fraud Operation in Bulgaria, Cyprus and Serbia Busted
13.1.2023
The bust saw four call centers and 18 other places searched, with 14 people arrested in Serbia and one in Germany
Decentraland’s MANA Token Jumps as Metaverse Tokens Outperform Crypto Markets
13.1.2023
Metaverse tokens are the best performing sector in crypto this year so far, as the CoinDesk Culture and Entertainment (CNE) index is up 37% this month
More Than 65% of Oman’s Crypto Holders Are College Graduates — Study
13.1.2023
Approximately 65,000 of Oman’s residents are holders of crypto and a majority of these are either high school or college graduates, a new study by Souq Analyst has found. According to the study’s findings, an overwhelming majority (90%) of Oman’s crypto holders are aged between...
Citi Says Solana Blockchain Activity Remains High
13.1.2023
Active addresses and daily NFT trading volume have returned to levels last seen before the collapse of crypto exchange FTX, the report said
Forbes Gives Alchemy Pay Web3 Innovation Pioneer Award
13.1.2023
PRESS RELEASE. Singapore, 12 January 2023: Fiat-crypto payment gateway Alchemy Pay and its co-founder and majority shareholder, Shawn Shi, have been officially recognised by Forbes with the Web3 Innovation Pioneer award on 11 January. The Singapore-based payment solutions provider has a major...
Cardano Developer IOG Deploys Sidechain Toolkit to Boost Blockchain
13.1.2023
Sidechains would make Cardano more scalable without compromising the stability or security of the main chain, developers said
Tesla turns tables on Bitcoin as 2023 gains outpace BTC price comeback
13.1.2023
It's a game of cat and mouse for BTC price and TSLA stock this month, but so far, Tesla is staging a stronger rebound
El Salvador Chivo Wallet Programmer Opens Up About Alleged ID Fraud, Tech and Money Laundering Issues
13.1.2023
A Chivo wallet programmer has opened up about the different problems that the flagship cryptocurrency wallet of El Salvador faced during its initial stages. Shaun Overton, who alleges he was hired to help in the handling of the issues, has talked about ID theft, money laundering problems, and...
Bitcoin's 'Volatility Smile' Shows Increased Demand for Bullish Exposure
13.1.2023
Bitcoin's volatility smile is a graphical representation of implied volatility or demand for options at different strike levels
Inside Bonk Inu: How 22 Developers Put the Shiba Inu Fun Into Solana and Away From FTX
13.1.2023
Distraught, disgusted, and jaded. Solana’s popularity took a hit when reports of possible fraud at Sam Bankman-Fried’s then-behemoth crypto exchange FTX first came to light. But developers found a way to jumpstart activity
Hodlnaut Creditors Seek Liquidation, Reject Restructuring Plan: Bloomberg
13.1.2023
The restructuring plan would have allowed Hodlnaut directors who were at the helm during its collapse to continue managing the company