DCG offloads Grayscale shares to raise capital: Report
The purported sales are the latest measures the embattled firm has taken following moves in recent months to raise capital and preserve liquidity.
Posts published on February 7, 2023 go to media archive 1/3
Baby Doge Coin Grows 124% In Last 7 Days – Is This The Next Big Thing In Crypto?
Baby Doge Coin (BABYDOGE) has been maintaining a steady and strong price action in the last few weeks. For instance, in the last seven days alone, the fast-rising meme coin has tallied an impressive 124% increase – a feat not all of its…
North Korea Stole Record Amount of Crypto Assets in 2022, UN Report Unveils
The regime in North Korea has managed to steal more cryptocurrency last year than in previous years, according to a draft U.N. report. Despite the difference between quoted estimates, the authors conclude that 2022 was a record-breaking year for…
MATIC Price Prediction: Polygon Rally is Just Getting Started
MATIC price started a fresh increase from the $1.10 support zone. Polygon bulls are in control and might push the price towards the $1.40 level. MATIC price started a fresh rally above the $1.10 resistance against the US dollar. The price is…
BIS to launch stablecoin monitoring project and up focus on CBDC experiments
The bank for central banks is expanding its CBDC research while developing a platform to monitor stablecoin balance sheets.
Ethereum Price Revisits $1,700 And $1,800 Seems Imminent, Here’s Why
Ethereum started a fresh increase and retested $1,700 against the US Dollar. ETH is showing positive signs and might rise further towards the $1,800 zone. Ethereum gained pace and was able to clear the $1,660 resistance zone. The price is now…
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Voyager subpoenas FTX and Alameda execs as judge orders fee examiner
On behalf of Voyager, law firm Kirkland & Ellis subpoenaed four executives from FTX and Alameda requesting an enormous array of documents.
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US Dollar to Keep Losing Its Appeal as Safe-Haven Currency of Last Resort, Says Strategist
Bank of England thinks digital pound can co-exist with private stablecoins
The central bank wants an e-GBP to be retail-focused and could form part of a "mixed payments economy" alongside cryptocurrency stablecoins.
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Bitcoin Price Recovers Ground But This Resistance Is The Key For Upside
Bitcoin price is rising and trading above $23,000. BTC could gain bullish momentum if there is a clear move above the $23,500 resistance zone. Bitcoin is correcting losses and trading above the $23,000 support zone. The price is trading above…
Nokia uses the Metaverse to connect remote breweries, train aircraft techs
Once known as a manufacturer of hardy mobile phones, Nokia has been working on developing industrial use cases for the Metaverse.
Bank of America Is Preparing for Possible US Debt Default, Says CEO Brian Moynihan
Bank of America is preparing for a possible U.S. debt default, says CEO Brian Moynihan. He is not a fan of eliminating the debt ceiling altogether as some lawmakers have proposed. Meanwhile, Treasury Secretary Janet Yellen says “every…
SBF’s lawyers move to block release of bail guarantors' identities
The appeal, filed on the last possible day, prevents the names of two bond guarantors for SBF from being revealed until at least Feb. 14.
Bitcoin Miner Stronghold Announces Agreement Changes with WhiteHawk Finance, Foundry
The changes are designed to better situate the company for their future endeavors.Stronghold Digital Mining, with WhiteHawk Finance LLC, has announced ratifications to their original credit agreement according to a press release sent to Bitcoin…
Investment Manager Predicts Gold Could Hit $3,000 This Year
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MATIC On The Upper Side Of The Consolidated Range, Breakthrough Incoming?
MATIC has been on the rise for the past week now. Over the last 24 hours, MATIC increased 2%, and the coin gained close to 14% in the past week. The altcoin was moving within a range but was not precisely rangebound as it approached the immediate…
File Transfer Giant Wetransfer Joins NFT Industry, Partners with Blockchain Platform Minima for March Launch of Minting Product
File transfer service giant Wetransfer announced Monday it is collaborating with blockchain platform Minima to offer a non-fungible token (NFT) minting product in March. Wetransfer’s announcement details that users leveraging the Minima…
Former Coinbase product manager pleads guilty in insider trading case
United States prosecutors have labeled this as the first insider trading case in cryptocurrency.
Lawmakers write to US officials about crypto energy usage information gathering
Elizabeth Warren and seven other Democrats want to know how much the Environmental Protection Agency and Energy Department know about crypto mining energy draws.
VC Roundup: ZK proofs, DeFi protocol and longevity DAO attract investment
Venture capital deals slowed in the second half of 2022 amid the bear market. However, behind the scenes, blockchain startups continue to build.
ConsenSys CEO: 'We've retained virtually all of our capabilities' after job cuts
The executive stated that the layoffs were due to concerns about “macroeconomic and geopolitical” issues that may affect the venture capital markets.
US financial regulators warn against crypto exposure in retirement accounts
The financial watchdogs targeted self-directed individual retirement accounts with potential exposure to crypto in a warning to investors.
Reddit User Discovers 7zip File Possibly Linked to Julian Assange Hidden in Bitcoin Blockchain
According to a post on the Reddit community r/bitcoin, an old file was discovered that may be linked to Julian Assange, the whistleblower and founder of Wikileaks. The encrypted 7zip file is in the output script from a transaction that took place…
Laotian CBDC proof of concept project to launch using system pioneered in Cambodia
The Laotian central bank and the Soramitsu firm signed an MOU to launch the project to expand financial inclusivity and provide sellers with faster settlement.