Nifty News: Trump NFTs surge 800%, Yuga Labs blacklists NFT exchanges, and more
Donald Trump’s NFT collection started out strong but then started looking lifeless up until a few days ago.
Posts published on January 19, 2023 go to media archive 1/3
Nexo Agrees to Pay $45 Million to SEC and State Regulators for Unregistered Offering of Earn Interest Product
The cryptocurrency lender, Nexo, has agreed to pay $45 million to the U.S. Securities and Exchange Commission (SEC) and several state regulators after charges were levied against the firm for failing to register the company’s Earn Interest…
Ransom refusals hit attackers where it hurts: 40% revenue drop in 2022 — Chainalysis
A number of industry pundits believe the U.S. Office of Foreign Assets Control’s threat to impose sanctions has victims thinking twice about paying up.
Daring drive-by at SBF’s: 3 men drove into barricade and fled: Lawyers
The lawyer’s didn’t specify the date or time at which the incident took place, and claimed the security personnel were unable to get the license plate details.
Crypto lender Genesis files for Chapter 11 bankruptcy
Crypto lender Genesis Global has become the latest firm to throw in the towel following the collapse of FTX, filing for Chapter 11 bankruptcy protection in New York.
Bitcoin Price Bulls In Check, Signs of Fresh Increase above $21.5K
Bitcoin price is attempting a fresh increase above the $21,200 resistance zone. BTC could gain bullish momentum if there is a clear move above the $21,500 resistance. Bitcoin corrected lower, but it found support near the $20,500 zones. The price…
Former FTX chief lawyer claims US legal counsel channeled business to S&C
The former chief regulatory officer of FTX has supported a motion that would stop FTX from using Sullivan & Cromwell LLC as its lead bankruptcy counsel.
Ripple CEO ‘Optimistic’ About SEC Lawsuit Over XRP — Says ‘I Feel Very Good About Where We Are’
Crypto could solve venture capital's due diligence problem — VC exec
Due diligence has always been an issue in the venture capital space according to a VC executive, but crypto offers a solution: A public and immutable ledger.
China’s digital yuan gets smart contract functionality alongside new use cases
China's central bank digital currency (CBDC) has seen new use cases in recent days, including buying securities and making offline payments.
NYU Professor ‘Dr. Doom’ Says 99% of Crypto Is a Scam — Tells Investors to ‘Absolutely Stay Away’
CPCoin (CPC) Is Now Available for Trading on LBank Exchange
PRESS RELEASE. INTERNET CITY, DUBAI, Jan 19, 2023 – LBank Exchange, a global digital asset trading platform, has listed CPCoin (CPC) on January 19, 2023. For all users of LBank Exchange, the CPC/USDT trading pair is now officially available…
GMX Generates More Fees than BNB Smart Chain and Bitcoin
GMX, the perpetual trading decentralized exchange (DEX) allowing up to 50X leverage, now generates more trading fees than the BNB Smart Chain (BSC) and Bitcoin. GMX Is The Third Most Active Platform According to statistics, GMX’s 1-day fee on…
Davos 2023: WEF Unveils Global Collaboration Village Metaverse Platform
The World Economic Forum (WEF) has announced the rollout of the Global Collaboration Village, its own metaverse platform, for this year. Klaus Schwab, chairman of the WEF, plans to leverage this representation of Davos to allow people and leaders…
Opinion: Bots are a critical tool for retail investors
Bots help remove emotions from trading. Functions like these make them even more valuable for neophyte traders than for experts.
Nexo agrees to $45M settlement with SEC and states over earn product
The crypto lender didn’t admit or deny the findings from the SEC’s investigation despite agreeing to the settlement.
FTX-linked Moonstone bank to exit the crypto space
Following the collapse of FTX, the company has decided to rebrand and exit the crypto space.
New Hampshire gov releases report on blockchain following executive order
According to the commission, New Hampshire should work toward building a legal framework “for sound development of blockchain technologies and its applications.”
BIS proposes research model to study DeFi’s integration with TradFi and its risks
Bank for International Settlements researchers admired DeFi’s “competitive financial engineering” and made some highly technical aspects of DeFi somewhat more accessible.
1inch Network Launches Hardware Wallet for Storing Users’ Private Keys in a Secure Offline Setting
The decentralized exchange aggregation service 1inch Network has announced the launch of a cold storage hardware wallet. The team notes that the project is in its final stages of development. The hardware wallet, expected to go on sale later this…
Bullish crypto traders maintain the upper hand despite the total market cap rejecting at $1T
Former BitMEX CEO Arthur Hayes says catastrophe is coming for the crypto sector, but derivatives data shows bulls slowly taking control of the market.
Decentralized forex will reduce cost by as much as 80%: Report
The researchers compared the average cost of remittances according to World Bank data with estimated costs of trading USDC and EUROC stablecoins at Uniswap.
New Hampshire Commission Recommends Statewide Bitcoin Mining Energy Plan
A commission out of New Hampshire has found that the positive impacts of bitcoin mining on the electricity system are worthy of further consideration.New Hampshire (NH) Governor Chris Sununu’s “Commission On Cryptocurrencies And Digital Assets” has
OKX declares $7.5B in liquid assets in proof-of-reserves report
According to blockchain analytics firm CryptoQuant, OKX has the largest clean asset reserves of all the major exchanges.
Will Dogecoin Dip To Local Support As The Coin Trades Sideways?
Dogecoin started losing value as soon as it fell outside its ascending parallel channel. At the moment, Dogecoin is trading laterally. Over the last 24 hours, DOGE went up by 0.3%, which confirms that the coin was stuck in a consolidated price…
City of Busan to establish digital assets exchange: Report
The Busan Digital Asset Exchange Establishment Promotion Committee said it plans to create a functional exchange by the end of the year.
New FTX CEO Discusses Possibility of Rebooting Defunct Crypto Exchange in First Interview Since Taking Over
Following recent disclosure that FTX debtors and bankruptcy administrators located $5.5 billion in liquid assets, the new FTX CEO John J. Ray III discussed the business in his first interview since taking over the exchange’s restructuring…
Bitcoin miner CleanSpark expands operations in Georgia
Some BTC miners have declared bankruptcy or sought financial aid to stay afloat. Others are finding unique ways to grow amid the bear market.