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Biggest Movers: ATOM Hits 2-Month High, as XRP Extends Recent Gains
11.1.2023
Cosmos rallied to a two-month high on Thursday, as cryptocurrency prices rebounded following Wednesday’s decline. Xrp was also mostly in the green in today’s session, extending recent gains in the process. The global crypto market cap is trading 0.17% higher as of writing. Cosmos...
WazirX releases proof of reserves with majority of funds in Binance wallets
11.1.2023
The cryptocurrency exchange released its proof of reserves and proclaimed to be India’s largest exchange both in volume and reserve funds
Crypto Boss Mike Novogratz Says Its Time to Cut Costs and Survive This ‘Transition period’
11.1.2023
Michael Novogratz, the founder of the US-based crypto financial services firm Galaxy Digital Holdings, argued that the events of 2022 have 'cleansed' the industry and that it is now time to survive the "transition period".
Talking to CNBC on Tuesday, Novogratz said that 2022 was a "grand washout"...
Crypto exchange Zipmex probed by Thai SEC amid buyout
11.1.2023
The cryptocurrency exchange is the subject of a probe by local monetary authorities in Thailand for a potential breach of local rules for digital asset service providers
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...
e-Money unfurls EEUR owing to bear market conditions
11.1.2023
e-Money happens to be a Cosmos-based electronic payment system. After much deliberation, the entity has finally decided to pull back its euro-backed stablecoin EEUR. According to reliable sources in their camp, this much-thought-out step has been taken considering the present crypto bear market...
HedgeUp and Hedera break the mold in the financial industry
11.1.2023
The investment industry is one of the most dynamic and fast-paced industries in the world. New products, technologies, and services are constantly emerging to help investors reach their financial goals faster and more efficiently than ever before. Two relatively new players on the scene –...
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...
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 exchanges need to start giving customers their keys
10.1.2023
Exchanges should introduce decentralized finance to their centralized models to protect their customers and restore confidence in cryptocurrency
Flare (FLR) airdrops 15% of total supply to XRP holders before correcting by 76%
10.1.2023
After a 2-year wait, the layer-1 Flare blockchain has finally followed through and sent its tokens to those who held XRP at the time of the snapshot
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
Ex-Coinbase manager's brother sentenced to 10 months in insider trading case
10.1.2023
This is believed to be the first insider trading case involving cryptocurrency
Remote work could redefine the global workforce for good
10.1.2023
While implementing remote work structures seems to be a priority for most tech firms, there are still some concerns about its long-term efficacy
Biggest Movers: SHIB Surges to 5-Week High, APE up for Fifth Straight Day
10.1.2023
Shiba inu moved to a five-week high during Tuesday’s session, despite cryptocurrency markets mostly consolidating. As of writing, the global crypto market cap is trading 0.20% lower, however the meme coin is up by nearly 5%. Apecoin also surged in today’s session, as it rose to its strongest point...
Now I Know the Cryptocurrency Industry Is Here to Stay
10.1.2023
A long-time crypto skeptic, who once called for a ban, explains why he's organizing a high-level crypto conference at Duke
Cameron Winklevoss: 'There is no path forward as long as Barry Silbert remains CEO of DCG'
10.1.2023
Recursive trades between Grayscale trust and the Three Arrows Capital hedge fund allegedly inflated assets and fees, according to open letter from the Gemini president
South Korean regulators target Bithumb in new probe
10.1.2023
South Korean National Tax Service agency launches an investigation on Bithumb, according to local reports
Binance employees to adhere to 90-day period prior to trading
10.1.2023
The cryptocurrency exchange confirmed its 3-month policy to prohibit insider trading by employees and their relevant family members
PMI: Bot service market will reach $8.69B by 2030 with 32.4% CAGR
10.1.2023
PMI, the popular market research platform, recently revealed its latest report. The global bot service market is expected to reach $8.69B by 2030. In addition, the market is expected to grow at a whopping 32.4% CAGR. The global bot services domain was valued at $2.1 billion in 2020. Now,...