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ECB’s Fabio Panetta: Unbacked Cryptos Are a ‘Vehicle for Gambling’ Lacking ‘Intrinsic Value’
6.1.2023
Fabio Panetta, part of the Executive Committee of the European Central Bank (ECB), believes that unbacked cryptocurrency assets are vehicles for gambling without intrinsic value, which need to be regulated. In an opinion piece, Panetta states that while cryptocurrency regulation is a good answer...
Tron Price Sinks 8%, USDD Depegs Amid Drama at Justin Sun-Related Huobi Crypto Exchange
6.1.2023
Community sentiment soured around Huobi, on whose board Sun is an advisor, as it is said to be laying off hundreds of staff in the coming weeks
Case for Bitcoin Weakens as Global Stockpile of Sub-Zero Bond Yields Vanishes
6.1.2023
Back in late 2020, analysts regularly cited the towering stockpile of negative-yielding debt as a source of bullish momentum for bitcoin
Sam Bankman-Fried Seeks to Keep Grasp on $450M in Robinhood Shares
6.1.2023
The FTX founder and former CEO says he needs the money to pay his legal fees, despite rival claims by the company and by crypto lender BlockFi
How AI Could Solve the Metaverse’s Language Problem
6.1.2023
Onemeta AI Could Solve a Metaverse Problem: Real-Time Translation
Israel’s Securities Watchdog Seeks to Regulate Crypto Assets
6.1.2023
The body overseeing the securities market in Israel is taking steps to incorporate rules for digital assets into the existing legislation. The regulator released a draft proposal to introduce the changes that would define the legal status of cryptocurrencies in the country. Amendments to Israel’s...
Bonk Inu Developers Burn All Their Team Tokens as Solana Ecosystem Frenzy Continues
6.1.2023
Some 5% of the bonk token supply was burnt as prices dropped 40% in the past 24 hours
Illuvium celebrates the New year 2023 with its new 3rd blockchain game
6.1.2023
Illuvium happens to be an extremely dependable and absolute upmarket blockchain gaming studio based in Australia. For the year 2023, it has successfully delivered the online game Zero from its stable. Incidentally, this happens to the third version from their side. The earlier versions of the game...
Bitcoin, Ether Options Market See Mixed Flow Ahead of US Nonfarm Payrolls
6.1.2023
Some traders have been buying downside protection in bitcoin and ether, while others building strategies that profit from a big move in either direction, experts told CoinDesk
Solana blockchain’s SOL sees an increase of 36.5% with 2023’s arrival
6.1.2023
The Solana blockchain’s SOL has suddenly witnessed an enormous jump to the tune of 36.5%. This, however, is being attributed to the growing interest and inclination towards BONK, which happens to be a newly introduced meme coin. This meme coin was airdropped to persons connected with the Solana...
2023 could be a rocky year for crypto venture investments: Galaxy Research
6.1.2023
Around $30 billion was invested into crypto and Web3 startups in 2022, but will it be repeated this year?
Darknet Forum Dread to Relaunch After Month-Long Downtime Due to DDOS Attack
6.1.2023
According to web portal darkdot.com and anonymous journalist Darkdotfail, the popular darknet forum Dread has been down for a month. The well-known forum, which was a place for darknet market (DNM) patrons to discuss operations security, rate specific vendors, and talk about stealth delivery ideas...
Cathie Wood's ARK Invest Buys About $5M of COIN, Continuing Her Dip-Buy Parade
6.1.2023
Coinbase shares closed down 11.06% at $33.53 on Thursday
US Government Seizes Robinhood Shares Linked to FTX Founder Sam Bankman-Fried
6.1.2023
The U.S. Department of Justice (DOJ) is in the process of seizing Robinhood shares, worth about $460 million, that are linked to former FTX CEO Sam Bankman-Fried (SBF). “We believe that these assets are not property of the bankruptcy estate or that they fall within the exceptions …...
First Mover Asia: Bitcoin, Ether Continue Their Rapid Descent in Volatility
6.1.2023
Bitcoin and ether, the two largest cryptocurrencies by market volume, held steady within the narrow ranges they've occupied since mid December
Huobi Exchange Token Down 11% on Reports of Layoffs, Internal Strife at Company
6.1.2023
Exchange volume has dropped by 23% as market concern grows around the health of Huobi
SEC Intervenes in Binance US Acquisition of Bankrupt Crypto Lender Voyager Digital’s Assets
6.1.2023
The U.S. Securities and Exchange Commission (SEC) has intervened in the asset purchase agreement between Binance US and bankrupt crypto lender Voyager Digital. The securities regulator explained that it is “formally investigating whether the debtors and others violated the anti-fraud...
Crypto Conglomerate DCG Closes Wealth-Management Business: The Information
6.1.2023
Report: Fanatics to Sell 60% of Candy Digital Stake Amid Struggling NFT Market
6.1.2023
Fanatics, the retailer specializing in licensed sports merchandise, is divesting 60% of its stake in the non-fungible token (NFT) company Candy Digital, according to reports. The company is selling its Candy Digital stake to an investor group associated with billionaire Mike Novogratz and his firm...
Microsoft Exec Says Metaverse Is Must-Have
5.1.2023
Live from CES 2023 in Las Vegas, Nevada, the tech giant is looking to transform the customer experience and believes the future will be based on a hybrid model