Swyftx to chop its ‘Earn’ program this week, citing murky regulations
Australian crypto exchange Swyftx has decided to close its Earn program due to a lack of clarity around crypto products regulation.
Posts published on January 8, 2023 go to media archive
Ethereum Price Climbs Above $1,300, Is This A Clear Bullish Signal
Ethereum climbed higher and surpassed the $1,300 resistance zone against the US Dollar. ETH is consolidating gains and might aim more upsides towards the $1,400 resistance. Ethereum was able to gain pace for a move above the $1,275 and $1,280…
FTX spent $40M on food, flights, and hotels in just 9 months: Court filings
FTX did not hold back on company expenses in the Bahamas, according to court documents.
Mastercard Taps Polygon to Empower Emerging Artists in Web3 Tech
Mastercard, the payments giant, has partnered with Polygon, an Ethereum scaling platform, to introduce emerging artists into Web3 technology. Mastercard’s artist accelerator, as the program is called, will teach five different emerging…
Quant (QNT) Records Biggest Whale Transactions In 16 Months
According to a report by Santiment, Quant (QNT) has just recorded its largest amount of whale transactions in 16 months. The on-chain analytics platform noted that 187 QNT transactions were executed today, culminating in a value of over $100,000…
Bitcoin Price Breaks Key Barrier And Aims Fresh Rally To $18K
Bitcoin price gained pace and cleared the $17,000 resistance. BTC is showing positive signs and might rise towards the $18,000 resistance. Bitcoin started a fresh increase above the $16,800 and $17,000 resistance levels. The price is trading above…
Man Pleads Guilty to Stealing Bitcoin ‘Seized’ by US Government
Logan Paul backflips on defamation lawsuit against Coffeezilla, apologizes
Logan Paul has deleted his response video aimed at Coffeezilla and has apologized in a surprise u-turn.
SBF Fights for Robinhood Shares — Says He Needs Them More Than FTX Customers Who Only Suffer ‘Possibility of Economic Loss’
Disgraced FTX founder Sam Bankman-Fried (SBF) is attempting to regain access to his Robinhood shares, worth over $460 million. The former CEO of the collapsed crypto exchange claimed that he needs them to “pay for his criminal defense,”…
Why DeFi should expect more hacks this year: Blockchain security execs
One reason is that “hackers have gotten smarter, gained more experience, and learned how to look for bugs,” according to the founder of a crypto auditing firm.
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Report: Nigeria to Stop Cash Withdrawals From Government Accounts
From the start of March, Nigerian public officials will be barred from withdrawing cash from government bank accounts, the head of the Nigerian Financial Intelligence Unit reportedly said. Public officials that want to be exempted from this new…
New Year Brings Strong NFT Sales, Up 26% in First Week of 2023 With Top 5 Blockchains Seeing Double-Digit Increases
The first week of 2023 saw an upswing in non-fungible token (NFT) sales as seven-day volume increased 26.01% compared to the previous week, totaling approximately $208.99 million in NFT sales. Additionally, the top five NFT-issuing blockchains saw…
Mexico’s digital peso delayed, unclear launch date
Mexico’s central bank is working on legal, administrative and technological requirements for the peso’s digital version.
Report Claims U.S. Prosecutors Investigate Hedge Funds in Connection with Binance Dealings
Federal prosecutors are reportedly investigating U.S.-based hedge funds that have dealt with the cryptocurrency exchange Binance, according to two people familiar with the matter. The hedge funds were allegedly issued subpoenas by the U.S…
Digital Currency Group under investigation by U.S. authorities: Report
U.S. authorities are reportedly investigating internal transfers from Digital Currency Group to its subsidiary Genesis.
Gold Prices Expected to Soar in 2023: Experts Predict Record Highs for Precious Metal
Gold is on the rise in 2023 and in the first week of the new year alone, the precious metal has jumped 2.36% against the U.S. dollar. Over the past 65 days, gold has soared 14.55% while silver has skyrocketed 22.31% against the greenback since Nov…
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Bitcoin, Sango Coin and the Central African Republic
The Central African Republic adopted Bitcoin and swiftly created its own token, Sango Coin. But where did Sango Coin come from, and why is it necessary?
Dogecoin (DOGE) Is Now 4th Most Popular Cryptocurrency On BitPay
Dogecoin, a dog-themed meme crypto that appears to enjoy strong ties with tech billionaire and Twitter owner Elon Musk, appears to be struggling to gain enough ground for a major upward swing. After peaking at $0.0749 on January 5, DOGE fell victim…
Robert Kiyosaki: SEC Will ‘Crush’ Most Cryptos, Burry on US Recession, Gold Bug Schiff on Inflation in 2023 — Week in Review
2023 is off to a rough start, with crypto business bankruptcies, inflation, and recession impacting markets and looming darker on the horizon. Rich Dad Poor Dad author Robert Kiyosaki says that other than bitcoin, the Unites States Securities and…
Bitcoin Creates Hope For A Generation Found Hopeless
Faced with unprecedented economic challenges and anxieties, Gen Z should see Bitcoin as the best hope for its future.This is an opinion editorial by Trey Walsh, the senior director for youth programs at the MassHire Metro North Workforce Board of…
Mexican CBDC Unlikely to Be Ready by 2024
The Mexican central bank digital currency (CBDC), the digital peso, is unlikely to be ready by 2024, as was announced back in 2021 by the Mexican government. In a statement, representatives from Banxico, the central bank of Mexico, stated the…
Ethereum Classic (ETC) Price Balloons To Nearly 30% In Last 7 Days
Ethereum Classic (ETC), a decentralized, open-source and blockchain-based cryptocurrency, might soon lose its current momentum that allowed it to become one of the top performing crypto assets for the past week. A quick review at some data points…
Romania Carries Out Raids as Part of Crypto Tax Evasion Probe
Authorities in Romania have conducted more than a dozen raids against people suspected of hiding income from cryptocurrency operations. The searches took place in late 2022 following an earlier investigation which established that crypto traders…
Shibarium Developers Say Each On-Chain Transaction Will Burn SHIB Tokens
Shibarium is one of the most anticipated projects, mainly in the Shiba Inu community; most SHIB community members are eager for the launch as it could be enough of a catalyst to pump their SHIB bags. Latest on the news about the layer two…
Wyre imposes up to a 90% withdrawal limit for all users
Wyre imposed a daily withdrawal limit on its platform subject, citing “the best interest of our community.”
Lido DAO Surges By More Than 57% in Just A Week – More Gains Up Ahead?
Lido DAO (LDO), the native cryptocurrency of Lido Finance, significantly increased its total market capitalization which now stands at $1.25 billion. This no longer comes as a surprise as the crypto asset is in the midst of an incredible run that…
Bank of France Governor Calls for Mandatory Licensing for Crypto Companies
France has to adopt a licensing regime for crypto service providers, the head of the country’s central bank has suggested. According to the executive, the need to tighten regulatory oversight stems from the “disorder” in the industry throughout the