BTC price hits new December low as Bitcoin dips 2% with Asia stocks
Bitcoin fails to hold $17,000 as BTC price correlation with Asia stocks stands out on the day.
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Japan recommends against algorithmic backing in stablecoins
The potential legal status of the Japanese Financial Service Agency’s recommendation is not clear as the current legislation is silent on algorithmic stablecoins.
Decentraland launches virtual property renting for LAND owners
The metaverse platform announced that users who own LAND within Decentraland can officially rent out the rights to the space through the digital marketplace.
Report outlines reasons why stakeholders are against CBDC
The American Banking Banking Association highlighted that a CBDC issued by the U.S. Federal Reserve lacks “compelling use cases.”
US lawmakers want State Department to justify crypto rewards and disclose payouts
The State Department should submit a report on the use of cryptocurrencies as a viable reward payout with evidence that suggests it's more encouraging for whistleblowers.
Gate.io pledges $100M to revive crypto and rebuild investor confidence
With investors moving their funds away from exchanges into self-custody, market liquidity concerns are an immediate threat to struggling crypto businesses.
3AC subpoenas issued as dispute grows over claims of Terraform dump
The bankruptcy judge has given approvals to subpoenas aimed at Three Arrows Capital’s leadership, while a new Terra Luna conspiracy has been floated.
Blockstream raising funds for mining at 70% lower company valuation
CEO Adam Back said the fresh funding will be invested into expanding the firm’s mining capacity.
Nifty News: Winamp adds NFT support, Atari gets physical and more
Atari has teamed up with Pixels.com for physical NFT artworks and Investopedia has given a rundown on NFT tax law.
Iran set to freeze bank accounts of women who refuse to wear a hijab
Iran’s plan to freeze bank accounts reinforces the need for decentralized currencies to exist in tandem with cash and CBDCs.
Rep. Cawthorn fined for ethics breach over Let’s Go Brandon token promo
The Ethics Committee couldn’t agree if the Representative sought to profit from his promotions but he was fined for it regardless and for also not declaring a “gift” of the token.
Crypto will be regulated as securities — ICE boss and Senator Warren
Senator Elizabeth Warren’s bill seeks to hand control to the SEC, imposing new obligations on centralized crypto firms, something Jeffrey Sprecher thinks will be good for crypto.
Nigeria bans ATM cash withdrawals over $225 a week to force use of CBDC
The limits set by the Central Bank of Nigeria are part of a broader push to encourage digital financial transactions.
Fir Tree fund sues Grayscale in effort to force changes to Bitcoin Trust
The New York-based hedge funds want Grayscale to cough up information about its flagship Bitcoin trust which it believes could reveal potential mismanagement.
Fan tokens struggle to hold on as World Cup quarter-finals draw nearer
Soccer fan tokens have seen their prices and trading volumes plummet since the start of the World Cup on Nov. 20.
Sam Bankman-Fried hires defense attorney as US authorities probe FTX: Report
Mark Cohen was a former assistant U.S. attorney for the Eastern District of New York who was also on the defense team for the high-profile criminal case involving Ghislaine Maxwell.
North Korean Lazarus Group is targeting crypto funds with a new spin on an old trick
Microsoft and cybersecurity firm Volexity have traced a new version of AppleJeus malware to the hackers behind the Ronin exploit and numerous other online heists.
Cryptocurrency has become a playground for fraudsters
Currency speculation was once the preserve of banking institutions, governments, and investment funds. But with cryptocurrency, it's being sold to the public as casino entertainment.
3 reasons why Ethereum price keeps rejecting at the $1,300 level
Traders are not sure if ETH will be able to hold the $1,200 level while the S&P 500 rapidly approaches the crucial 3,900 support and ETH derivatives data hints at more downside.
Paraguay's legislature fails to reverse presidential veto on crypto regulation law
The reconsideration of the bill, ‘Regulating the industry and marketing of virtual assets — crypto assets’, received 38 votes out of a total of 80 lawmakers.
Warner Music, Polygon and LGND.io partner to launch Web3 music platform
The platform LGND Music is set to officially launch in January 2023, and will also include dance record label Spinnin’ Records.
Bitcoin on-chain data shows 5 reasons why the BTC bottom could be in
On-chain analysis gives compelling reasons why BTC price could be in the final stages of a bottoming process.
Financial Stability Board aims to address crypto-related issues following 'failure of FTX'
Though the board can make recommendations to global policymakers, it largely acts as an advisory body with no enforcement authority.
Kevin O’Leary defends SBF, says FTX should be audited
O’Leary said that the truth about FTX can be discovered thanks to the unique nature of blockchain technology.
Chainlink launches staking to increase the security of oracle services
Stakers will earn Chainlink tokens as they participate in a decentralized alerting system that flags the network when feeds are not meeting performing requirements.
Animoca Brands secures majority stake in music metaverse gaming platform
Animoca hopes to advance the music industry within Web3 and gaming through its latest partnership with Pixelynx.
US lawmakers request answers from Silvergate over ties to FTX: Report
Three senators said they were concerned about Silvergate following reports suggesting that the bank "facilitated the transfer of FTX customer funds to Alameda."
Ethereum 'March 2020' fractal hints at price bottom — But ETH bears predict 50% crash
Ethereum market analysts desperately search for the bottom but ETH price technicals aren't excluding further downside below $700.
ConsenSys will shorten MetaMask data retention to 7 days following privacy discourse
The firm sparked controversy last month after disclosing MetaMask's data collection practices.
Bitcoin clings to $17K as ARK flags 'historically significant capitulation'
BTC price action is suffering from FTX, but decentralized blockchains are "as strong as ever," says ARK Invest.