According to CoinMarketCap’s data, Decentraland’s native token, MANA, has gained 17.59% in the last 24 hours, following the stellar performance of metaverse tokens since the start of the new year. MANA is one of the top 100 cryptocurrencies…
Nexo sues Cayman Islands financial regulator over VASP license
The crypto lender claimed that the Cayman Islands Monetary Authority had placed “too much weight” on regulators' enforcement actions in its decision to deny registration.
Crypto.com Decides To Let Go 20% Of Its Current Workforce
The crypto industry continues to stagger under a massive wave of layoffs that have been occurring in recent times. Among the recent companies from the sector, Crypto.com has planned on axing 20% of its workforce. The Singapore-based company…
Defunct Crypto Hedge Fund Three Arrows Capital Founders Seek $25 Million to Start New Exchange Amid Scrutiny
According to reports, the founders of the now-defunct crypto hedge fund Three Arrows Capital (3AC) are seeking to raise $25 million from investors to start a new crypto exchange called GTX. This solicitation for new capital comes after 3AC…
Leading Crypto Tax and Accounting Provider Ledgible Unveils New Design
PRESS RELEASE. Ledgible, the leading digital asset tax and accounting solution for institutions, professionals, and investors unveils a newly revamped website and interface. Users can now quickly explore the company’s various digital asset…
Will New Interchain Station Wallet Launch Spike LUNC Price, Any Possibility?
After the collapse of the popular blockchain network Terra, developers have been trying to revive it; many reforms have already taken place to sustain the Terra Classic (LUNC and prevent further collapse). Terra Classic, the original blockchain…
How crypto tokens (but not Bitcoin) will outperform stocks in 2023 — Arca’s CIO explains
Some cryptocurrencies will perform better than stocks in 2023 as they become less sensitive to macroeconomic factors, according to Arca’s chief investment officer, Jeff Dorman.
Ethereum Hits Monthly High And Turns Deflationary Again
The Ethereum price rally is on an upward trajectory since the last fortnight. Performing a little over Bitcoin’s growth, Ethereum gained 30%. On the morning of 16th January, Ethereum woke up to exciting news as Ethereum is riding high on the $1600…
Lazarus Group Transfers $64M ETH From Harmony Bridge Hack
During the weekend, the notorious North Korean hacking gang Lazarus Group started transferring stolen money in the Harmony Bridge attack. Notably, the organization transferred over $63.5 million, or approximately 41,000 ETH. On January 16…
Seoul government opens city's metaverse project to public
According to Seoul Mayor Oh Se-hoon, the virtual environment will allow residents to access official documents, file complaints, and receive answers to questions on filing taxes.
Solana started the week trading near a two-month high, as momentum remained marginally bullish, despite market consolidation. The global cryptocurrency market cap is currently trading 0.98% higher as of writing. Shiba inu also traded close to…
3AC, Coinflex founders collaborating to raise $25M for new claims trading exchange
According to the project's pitch deck, the company intends to launch as soon as possible, and estimates the claims market to be worth around $20 billion.
What Matters In Crypto This Week: Will Bitcoin Keep Pumping?
Even though the next FOMC meeting of the U.S. Federal Reserve is still more than two weeks away, there are significant macroeconomic as well as crypto and Bitcoin-intrinsic events this week that investors should keep an eye on. As in previous weeks…
With Confident Ignorance Of Bitcoin, So-Called ‘Experts’ Sacrifice Their Credibility
Recent examples of so-called “experts” speaking confidently, yet incorrectly, about Bitcoin will come back to haunt them.This is an opinion editorial by Mickey Koss, a West Point graduate with a degree in economics. He spent four years in the…
Polkadot: Why Recent On-Chain Feats Could Trigger Strong Investor Sentiment
Polkadot has been riding the crypto wave since the start of the broader market rally. According to CoinGecko, the biggest gainers in the entire space are altcoins. Polkadot (DOT) is among them. Although the token has been finding gains in the past…
Onchain Researchers Discover $63M in Ethereum From Harmony Bridge Attack Moved, Hackers Attempt to Launder Funds on Major Exchanges
On Jan. 15, 2023, onchain researchers discovered that funds stolen during the Harmony bridge attack had been moved. The suspected thieves, who are allegedly associated with the North Korean hacking syndicate Lazarus Group, moved 41,000 ethereum…
Bitcoin Price Surges With Whale Activity, What Happens Now?
The cryptocurrency market continues to show signs of improvement. Bitcoin, the number one cryptocurrency, has continued its price upswing as its breaks above its 200-day moving average. In addition, the market generally has recovered, as crypto…
Glassnode Points Out This Bizarre Consistency In Bitcoin Cycles
Glassnode has pointed out a bizarre consistency between the current and previous Bitcoin cycles in terms of a metric, here’s what. Bitcoin Breaks Above 200-Day Simple Moving Average Line A “simple moving average” (SMA) is an…
Binance to let institutions store crypto with cold custody
The new Mirror service is based on Binance Custody, a regulated institutional digital asset custodian, by mirroring cold storage assets through a 1:1 collateral on Binance.
Bitcoin, Ethereum Technical Analysis: BTC, ETH Consolidate Following Recent Highs
Bitcoin consolidated on Jan. 16, as U.S. markets closed in celebration of the Martin Luther King Jr. Day holiday celebration. Traders have seemingly moved to secure recent gains, after the world’s largest cryptocurrency rose above $21,000…
Bitcoin Miners Show Signs Of Dumping, Bad For Rally?
On-chain data shows Bitcoin miners could be dumping right now, a sign that could provide an impedance to the rally. Bitcoin Miners’ Position Index Has Shot Up Recently As pointed out by an analyst in a CryptoQuant post, miners may be putting…
Bradesco, One of Brazil’s Largest Banks, Launches Tokenized Credit Notes in Blockchain Pilot
Bradesco, one of the largest banks in Brazil and the third biggest in all of Latam, has entered the cryptocurrency world by issuing its first tokenized credit notes. The operation, carried out in partnership with Bolsa OTC, tokenized almost $2…
Fasttoken, Official Crypto of Fastex, to Launch to the Public on January 18
Developed by technology giant SoftConstruct, Fasttoken (FTN) is the official cryptocurrency in the Fastex ecosystem and the native token of the Fastex Chain. Aside from passing two audits by independent third-party auditors, Fastex is a regulated…
ETH Whales Scoop Up SAND – Up Nearly 80% – For Its Highly Bought Crypto Menu
The Sandbox is one of the leading players in the GameFi space. Its native token SAND is now going down the net of ETH whales as the altcoin rally continues into its third week. According to CoinGecko, the token has gone up by 76% in the past two…
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