DeFi enjoys a prolific start to 2023: Finance Redefined
DeFi marks a perfect entry into 2023 with a bullish January and TVL nearing $50 billion.
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Are Cosmos’ ecosystem growth and roadmap enough to sustain ATOM’s current 50% monthly rally?
ATOM gained 50% in January and while the wider crypto market could remain bullish for some time, does the Cosmos ecosystem have strong enough fundamentals to support further upside?
Kazakhstan’s digital currency in pilot stage, per Binance, National Bank joint report
The Central Asian country’s CBDC project is right on time, according to a 2020 roadmap, as consumers and merchants use the currency in a controlled environment.
Price analysis 2/3: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, DOT, LTC, AVAX
Strong U.S. jobs data for January could not pull Bitcoin and select altcoins lower, indicating a strong bullish undercurrent.
US Congress to hold ‘crypto crash’ hearing on Feb. 14
The “Crypto Crash: Why Financial System Safeguards are Needed for Digital Assets” hearing will come two months after senators met to discuss the collapse of FTX.
'Crypto summer' likely to start in Q2 2023, Morgan Creek Capital CEO says
Bitcoin's bull market is likely to start earlier than expected due to anticipation of the BTC halving and favorable macroeconomic conditions, according to Mark Yusko, founder and CEO of Morgan Creek Capital Management.
Value of WisdomTree’s crypto holdings fell 61.9% in Q4
The fund manager’s crypto portfolio has booked a loss in three of the past four quarters, according to recent financial statements.
$20K Bitcoin may return, says analyst as US unemployment hits 54-year low
Bitcoin buyers may get a chance to “load up” below $22,000 on the back of employment statistics.
Russia’s Sberbank plans to launch DeFi platform on Ethereum
DeFi systems are able to displace the traditional market of banking services, Sber’s Blockchain Lab product director Konstantin Klimenko said.
Binance severs ties with Indian crypto exchange WazirX
According to the announcement, WazirX has until the end of the day UTC on Feb. 3 to withdraw all remaining funds it stores in Binance wallets.
Bitcoin’s big month: Did US institutions prevail over Asian retail traders?
There may be no single reason for BTC’s 39% January price gain, but some suspect institutional investors. Can their impact be quantified, though?
5 biggest economic bubbles in history
Economic bubbles occur when the price of an asset, such as stocks or real estate, is driven up artificially and becomes disconnected from its underlying value.
Australia introduces classification for crypto assets
The national regulators identified four major products in the crypto sector.
Core Scientific to hand over 27K rigs to pay $38M debt
The bankrupt crypto mining firm believes that the long-term benefits outweigh the immediate loss of handing over the machines.
Binance re-enters South Korea with GOPAX exchange
With the new capital, Binance plans to enable customer withdrawals and interest payments for Gopax’s yield product GoFi.
Why did Bitcoin price go down today? BTC traders brace for $23K retest
Bitcoin price gains take a hit from a rising U.S. dollar as excitement over the Fed's rate hike and market commentary fades.
Ray Dalio says Bitcoin is not the answer, the community responds
The billionaire has historically gone back and forth between having positive and negative sentiments around Bitcoin.
FTX customers warned of scammers baiting them with return of assets
Scammers have been trying to trick customers by offering them the prospective return of their assets.
Nifty News: Bitcoin NFTs cause spicy fees, Mastercard exec tokenizes resignation letter and more
Users are posting massive files to the Bitcoin network via the Ordinals protocol, taking up block space and paying high fees to do so.
Marathon’s first Bitcoin sale in 2 years not the result of distress
The sale is the first time Marathon Digital has sold its mined Bitcoin since October 2020, but a spokesperson said it wasn't as a result of distress.
Australia bolsters crypto watchdogs in ''multi-stage' plan to fight scams
The new measures from the Australian government come as cryptocurrency scams skyrocketed 162% to $221 million in 2022.
Logan Paul and CryptoZoo sued in class action lawsuit
Plaintiff Don Holland has filed a lawsuit against CryptoZoo and Logan Paul, alleging the YouTube influencer’s “fraudulent venture” executed a “rug pull.”
Silvergate faces DOJ investigation over FTX and Alameda dealings: Report
The crypto bank hasn't been accused of wrong doing, but prosecutors want to see how deep the dealings between the crypto bank and FTX went.
OpenSea serves as an example of why crypto security must improve
For cryptocurrency to achieve mass adoption, breaches that can be easily prevented — like the phishing attack that resulted in OpenSea losing $1.7 million — need to end.
Indonesia targets launch of its national crypto exchange by June
Indonesia's financial services regulator first expressed its intentions to establish a crypto exchange back in 2021.
MicroStrategy says no plans to stop trading BTC as paper loss hits $1.3B
The company also booked a loss of $34 million on its first-ever Bitcoin sale last quarter but said it was conducted to harvest a tax loss.
Fiat is in 'jeopardy' but Bitcoin, stablecoins aren't the answer either: Ray Dalio
The hedge fund manager instead wants to see an “inflation-linked coin” be brought to the masses which would serve to ensure consumers secure their buying power.
Huawei NFTs, Toyota’s hackathon, North Korea vs. Blockchain: Asia Express
Our weekly roundup of news from East Asia curates the industry’s most important developments. Huawei moves to trademark its NFTs According to a Jan. 28 report by Sina News, Chinese telecom giant Huawei has recently filed for eight trademarks…
Only 4 people controlled Tether Holdings as of 2018: Report
New York Attorney General and Commodity Futures Trading Commission probes into Tether in 2021 exposed its previously unknown ownership structure.
Alleged Mango Markets exploiter waives bail during hearing in federal court
A federal judge presiding over Avraham Eisenberg's criminal case has reportedly set a followup court date for Feb. 14.