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ARK Makes Coinbase Buy as COIN Jumps 20% On-Week
11.1.2023
Cathie Wood has added another 33,756 shares of Coinbase to ARK’s ARKK ETF, according to an investor update
90% of WazirX's User Assets are in Binance Wallets, According to Proof Of Reserves Report
11.1.2023
Indian exchange WazirX in its proof of reserves report revealed that 90% of its user assets are held in Binance wallets
Bank of Russia Outlines Payment Models With Digital Ruble, Other CBDCs
11.1.2023
The Central Bank of Russia has detailed two methods for implementing the digital ruble and other state-backed coins in international settlements. The monetary authority also plans to start testing consumer-to-business (C2B) operations in the first quarter of the year. Russia’s Central Bank...
Bitcoin CME Futures Draw Premium for the First Time Since FTX's Collapse
11.1.2023
While futures have flipped into premium, the "term structure" remains in backwardation, signaling caution among institutions
Bitget Launches Fund Custody Service With Dedicated Wallet to Elevate Safety
11.1.2023
PRESS RELEASE. Victoria, Seychelles 11 Jan 2023 – Leading crypto exchange Bitget launches the Fund Custody service for professional investors and institutions. The service will provide dedicated wallets to qualified accounts to maximize protection of customers’ funds on the platform....
World Bank Report Forecasts Bleak Global Economic Outlook, Citing ‘Adverse Developments’ and ‘Long-Lasting Slowdown’
11.1.2023
On Jan. 10, 2023, the World Bank published its Global Economic Prospects report, stating that the outlook for the global economy and future economic conditions is bleak. According to the report, 2023 growth forecasts have been cut across the board, with the global economy projected to grow by 1.7%...
US Arrests ‘Mutant Ape Planet’ NFT Creator in $3M ‘Rug Pull’ Scheme to Defraud Crypto Investors
11.1.2023
The U.S. government has arrested and charged the creator of “Mutant Ape Planet” non-fungible tokens (NFTs) for allegedly defrauding crypto investors. “The purchasers were ‘rug pulled,'” the Department of Justice (DOJ) described, adding that millions of dollars...
First Mover Asia: Behind the Scenes on Indonesia's New Official Crypto Exchange
11.1.2023
PLUS: In crypto markets, there's a mini-rally in bitcoin, a narrowing of the "Grayscale discount" and a rally in altcoins
Tron’s USDD Stablecoin Experiences Fluctuations Again, Drops Below $1 Parity in Early 2023
11.1.2023
The Tron-based stablecoin USDD fell below $1 parity again during the first week of 2023 and on Jan. 10. Four days ago, the stablecoin dropped to $0.972 per unit and on Tuesday, Jan. 10, 2023, USDD slipped to $0.977 per unit. At the time of writing, the Tron-issued stablecoin is trading at 98 cents...
Judge Allows Binance US Bid to Buy Voyager Assets to Advance
11.1.2023
The exchange agreed in December to purchase the company after Voyager's deal with Sam Bankman-Fried's FTX fizzled
Study Reveals South Korea’s ‘Kimchi Premium’ Strongly Linked to International Remittances to China
10.1.2023
A newly-released study published in December 2022 reveals that South Korea’s “kimchi premium,” the divergence in cryptocurrency valuations on Korean exchanges compared to Western trading platforms, is strongly associated with a surge in international remittances to China....
Crypto Markets Today: Coinbase Announces More Job Cuts Amid Market Jitters
10.1.2023
ALSO: Both bitcoin and ether reached nearly four-week highs. Equities closed higher
31 Of The Biggest Games Coming In 2023
10.1.2023
Another year, another 12 months where we get to collectively complain about how there are too many games and not enough dollars in our wallets and hours in our days to play them. As such, it’s probably best to start looking ahead and planning what you want to prioritize in your gaming allowance...
Crypto service Tap Global becomes first 2023 listing on UK stock exchange
10.1.2023
The company provides regulated bank accounts and offers crypto purchases through affiliated exchanges
Bored Apes, a Troll and a Conspiracy Walk Into a Courtroom...
10.1.2023
Market Maker Group One Discloses 13.5% Stake in MicroStrategy
10.1.2023
Alongside a big drop in the price of bitcoin, MicroStrategy slumped more than 70% in 2022
Bipartisan Group of US Senators Calls for Independent Examiner to Investigate FTX
10.1.2023
Four senators are urging the judge in the bankruptcy case to support a motion for to appoint an examiner
Former FTX Director of Engineering Under Scrutiny by US Law Enforcement, Alleged Proffer Sessions Held With Prosecutors in New York
10.1.2023
U.S. law enforcement officials are reportedly scrutinizing Nishad Singh, the former director of engineering at FTX, according to a report citing people familiar with the matter. Another report, published on Jan. 10, 2023, details that Singh met with federal prosecutors at an alleged proffer session...
Metaverse Can Build Access for Big Companies, Says Virtual Brand Group CEO
10.1.2023
The metaverse-building company is looking to leverage the digital ecosystem so big brands can expand their demographic footprint while increasing their revenue streams
Analysts ‘Encouraged’ by Coinbase Layoffs as They Show Company Is Being Financially Disciplined
10.1.2023
The crypto exchange’s dwindling group of sell-side bulls said Tuesday’s announced staffing cuts are a necessary step