Quick Look
$3.6 Billion in Bitcoin From the 2016 Bitfinex Hack Consolidates Into a Single Address
$3.6 billion or 94,643.29 bitcoin stemming from the 2016 Bitfinex hack was moved and consolidated into a single wallet following 23...
NFTs are ‘Stayin’ Alive’ as new minting trends, AI and music-based projects thrive
In 2020, newly launched NFTs projects experienced costly gas wars that are gas priority auctions where buyers battle to secure their spot...
Technical Analysis: Solana Surges 15%, as Loopring Price Declines
Solana was trading close to 15% higher on Tuesday, as crypto markets were mostly in the green to start February. This comes as markets...
Coachella Music Festival to Launch Solana NFTs in Deal With FTX
The Coachella Valley Music & Arts Festival, set to return this April after a two-year hiatus, has announced a series of NFTs...
GARI Token making waves in India: Here’s why Garicoin is up 100% in the past week
GARI airdrop as the Chingari app is also set to integrate the GARI token on 5 February. Social app Chingari is making it easy for creators...
Why India Isn’t Buying NFTs (Yet)
2022 is expected to be the year of non-fungible tokens (NFTs). At $40 billion, the global market capitalization for NFTs is inching closer...
Diem May be Gone, but Its Legacy Lives On
The Diem Association will wind down its operations in the coming weeks after selling its assets to Silvergate Bank. It's time to revisit...
Crypto Asset Manager Wisdomtree Reveals ‘Direct-to-Retail’ Digital Wallet
The crypto asset and exchange-traded fund (ETF) manager Wisdomtree has revealed the company is launching a new digital wallet called...
Alexis Ohanian’s VC Firm to Focus on Crypto With $500M Capital Raise: Report
Reddit co-founder Alexis Ohanian’s venture firm 776 Management plans to double down on crypto in the coming year, having raised $500...
New Balance ‘Virtual Goods’ Trademarks Hint of Upcoming Metaverse and NFT Venture
Following Adidas and Nike getting into the metaverse, the sneaker manufacturer New Balance seems to be prepping to launch virtual items...
Tom Brady Retires to Focus on Family, NFT Startup
NFL quarterback and NFT startup founder Tom Brady officially announced his retirement Tuesday, saying he planned to spend more time with...
PsyOptions Acquires Tap Finance for Undisclosed Sum
Solana-based options trading platform PsyOptions has acquired Tap Finance in a bid to add structured investment products to its...
Crypto News Roundup for Feb. 1, 2022
This episode is sponsored by Kava.Today's Stories:SOL Surges 17% After Coinbase Lists Two Solana Ecosystem TokensBitcoin Steady Near...
Astra Protocol guarantees identity protection to The Sandbox users
Astra Protocol, a cutting-edge legal and compliance layer that brings unmatched assurance to public blockchains, announced that it has set...
How a game engine for DeFi could facilitate accelerated development
The beating heart of any ecosystem of decentralized applications, DApps, is its underlying technology stack. For Ethereum (ETH), this is...
Hester Peirce Warns Proposed SEC Reform of Securities Trading Platforms Could Threaten DeFi
U.S. Securities and Exchange Commission (SEC) Commissioner Hester Peirce has warned that plans by the agency to reform government...
Meta joins patent alliance, pledges free crypto patents for all
The Crypto Open Patent Alliance (COPA) has welcomed Meta as a member, with the social media giants vowing to make its core crypto patents...
Bitcoin whales buy at $38K as BTC supply per whale hits 10-year high
Bitcoin (BTC) jumping to $39,000 has already activated large-volume investors this week, the latest data shows. Analyzing whale behavior,...
ConsenSys Acquires Ethereum Wallet MyCrypto, Plans to Merge It With MetaMask
ConsenSys has announced the acquisition of Ethereum wallet MyCrypto for undisclosed terms. MyCrypto will eventually merge with ConsenSys’...
India Proposes 30% Tax on Crypto Income — Finance Minister Cites ‘Phenomenal Increase’ in Crypto Transactions
The Indian government has proposed taxing income from cryptocurrencies and other digital assets at 30%. India’s finance minister,...
Can Ethereum price reach $4K after a triple-support bounce?
Ethereum’s native token Ether (ETH) looks ready to continue its ongoing rebound move toward $4,000, according to a technical setup...
Crypto Trading Terminal Aurox Plans to Go Public in 2022
Aurox, a cryptocurrency trading terminal that places orders and matches them across multiple exchanges, intends to go public later this...
MicroStrategy buys the dip by purchasing 660 Bitcoin for $25M
Major Bitcoin (BTC) investor MicroStrategy has announced another major BTC purchase during a market dip to collect a total of 125,051...
NYDIG Launches Service for Workers to Get Paid in Bitcoin
NYDIG has launched an employee benefit program allowing workers to convert a percentage of each paycheck into bitcoin.Employees enrolled...
Wonderland Founder: ‘I’m Here to Fix This and Make It All Back’
The founder of a popular DeFi protocol is promising to make users whole after a scandal-ridden price implosion, but the path to achieving...
Bitcoin, Ethereum Technical Analysis: Ethereum Surges 10% to Start February
Cryptocurrencies traded higher to start the month of February, as markets look to forget January’s red wave. ETH is trading close...
Global VC Funding for Blockchain Firms Surged to Record $25B in 2021: CB Insights
Venture capital funding for blockchain startups reached $25.2 billion last year, up 713% from $3.1 billion in 2020, according to CB...
6 altcoins to watch for a buying opportunity including XRP, UNI, and AAVE: Santiment
XRP was last positive in mid-December, Santiment says as they predict a potential upswing for the cryptocurrency. The MVRV ratios for...
Launch House Raises $12M Series A for New Age Hacker Houses
Launch House, a revamped version of the Silicon Valley hacker house, closed a $12 million Series A round led by Andreessen Horowitz...
‘Pay’ Product Looks to Boost Stablecoin Payments on Solana
Cryptocurrency’s original use-case – payments – are getting a boost on the Solana blockchain.New software co-developed by Solana Labs...
Litecoin’s bullish trend gathers momentum after the Mimblewimble upgrade.
Litecoin has started the month with a surge. The token has jumped and it is still green. At the time of writing, it was up 5.44% according...
Panther Protocol’s $ZKP Token Launches, Sets to Revolutionize Private Finance
In the growing DeFi panorama, both institutional traders and retail investors are starting to notice the inherent privacy issues with the...
MicroStrategy Buys Additional $25M Worth of Bitcoin During Market Dip
MicroStrategy (Nasdaq: MSTR), the business-intelligence software company that’s taken to accumulating bitcoin, said it bought...
Terra Founder Floats $38M Proposal for American Sports League Deal
Terraform Labs founder Do Kwon floated a funding proposal for $38.5 million from the Terra community treasury to sponsor a major American...
Address Linked to Wonderland's Sifu Cashes Out $2.8M Worth of Ether
The pseudonymous treasurer of Wonderland and co-founder of crypto exchange QuadrigaCX, known as Sifu, started laundering his funds through...
India to impose 30% tax on crypto income, CBDC in 2022-2023
The 30% tax is the highest income tax bracket in India India will also launch its digital rupee in the financial year 2022-2023, the...
Central Bank of Jordan Exploring the Possibility of Launching a CBDC
The governor of the Central Bank of Jordan recently said his institution is studying the possibility of launching a legal digital...
India to introduce 30% crypto tax, digital rupee CBDC by 2022-23
In a speech discussing the budget for 2022, Indian finance minister Nirmala Sitharaman announced the launch of a central bank digital...
Bitcoin market cap dominance hits 2-month high as altcoins struggle
Bitcoin (BTC) is retaking market share from altcoins after its market capitalization dominance hit its highest since November 2021 last...
$2.5B in stolen BTC from Bitfinex hack awakens
A chunk of the inactive Bitcoins (BTC) stolen in the 2016 Bitfinex exchange hack has moved from the hacker’s wallets to an unknown wallet...
Market highlights February 1: Cryptos register gains, all major US indices surge
The crypto markets were in the green this morning, with the majority of top 10 cryptos registering gains over the past 24 hours. All three...
Crypto Unicorn Amber Group Acquires Japanese Exchange DeCurret Inc.
Hong Kong unicorn Amber Group acquired DeCurret Inc., a licensed crypto exchange operator in Japan, from DeCurret Holdings for an...
You can now buy CHEDDA, the biggest winner of the day: here’s where
CHEDDA is a decentralized culture token created on the Ethereum blockchain as an ERC20 token. It began to surge on news of an...
Circle Launches USDC on Flow Blockchain
Circle, the operator of USDC, one of the biggest stablecoins by market cap, has launched USDC as a native asset on top of the Flow...
Suku pumping on news of a Binance listing, gained 59% today: best places to buy Suku
The live SUKU price today is $0.49 with a 24-hour trading volume of $66.3 million. SUKU is up 59% in the last 24 hours, surging on news of...
Metaverse NFT coin SWAK shoots up 142%: here is the reason why
SWAK's price is currently skyrocketing. It has jumped 142.82% today hitting a daily high of $0.0001298 and a daily low of $0.00004998 in...
Institutional Crypto Services Firm BCB Group Acquires Digital Asset Shop LAB577
BCB Group, a cryptocurrency trading and payments services firm aimed at institutions, has acquired LAB577, a blockchain and digital assets...
Orca is up 27% today and counting: here’s where to buy Orca now
Orca is trading for $3.83 at the time of writing. It has been soaring since a recent listing on Kraken. What’s more, inbound...
GameFi Faces Regulatory Headwinds in Major Asian Markets
In the first few weeks of the year, a considerable amount of capital was allocated to investment pools looking for the next big thing in...
Hackers Move $383M Worth of Bitcoin From 2016 Bitfinex Hack
Large amounts of bitcoin stolen from the cryptocurrency exchange Bitfinex six years ago were moved by hackers early on Tuesday.According...
India to Levy 30% Tax on Crypto Income, CBDC Launch in 2022-23
Indian Finance Minister Nirmala Sitharaman announced a 30% tax on any income from the transfer of virtual digital assets, a first for the...
Binance Announces SAFU Fund Has Reached $1 Billion
Binance has announced one of its trademark features, the SAFU fund, has reached a milestone in its development. The SAFU fund, an acronym...
Bitcoin Network Transaction Volume Surpasses American Express: Research
New research has found that the annual transaction volume on the Bitcoin network surpassed that of some well-known card networks, such as...
Yield Guild Games Raises $1.45M for Philippine Typhoon Relief
Yield Guild Games (YGG) has raised $1.45 million to support people affected by December 16’s Typhoon Odette in the Philippines, with...
SOL Surges 17% After Coinbase Lists Two Solana Ecosystem Tokens
Solana’s SOL jumped 17% in the past 24 hours to regain the $100 and above level after Coinbase listed two other tokens of the Solana...
GensoKishi Online’s MV (Metaverse) Token to Be Listed on QuickSwap (DEX)
PRESS RELEASE. GensoKishi is pleased to announce that the MV (Metaverse) token has been listed on QuickSwap (a decentralized exchange) at...
Bitcoin Steady Near $38.5K as Australian Central Bank Ends Easing Program
Bitcoin prices were steady during early Tuesday after the Reserve Bank of Australia (RBA) terminated the liquidity-boosting bond purchase...
Solana’s Phantom Raises $109 Million in a Series B Fundraise Obtaining Unicorn Status
On Monday, the team behind the Solana Web3 wallet platform Phantom announced it had raised $109 million in a Series B fundraise. The...
The Ups and Downs of Crypto Loans
On this episode of Speaking of Bitcoin, join hosts Adam B. Levine, Andreas M. Antonopoulos, Stephanie Murphy and Jonathan Mohan for a...
Deloitte: 82% of Indians Surveyed Plan to Invest in Crypto Once Government Provides Regulatory Clarity
A recent survey by Deloitte shows that 82% of Indians plan to invest in cryptocurrency when the government provides more clarity...
Anchorage Closes in on FDIC Crypto Custodian Deal, Documents Show
Digital assets are growing more commonplace on the balance sheet of banks in the U.S. Eventually one of these institutions may fail, and...
2 key Bitcoin price metrics suggest BTC is primed to reclaim $40,000
Cryptocurrencies had a volatile week after Bitcoin’s (BTC) sudden crash to $33,000 on Jan. 24. However, the sharp 9% drop fully...
Crypto Twitter’s Misdirected Furor Didn’t Fix the Travel Rule
Hardware wallet maker Trezor announced last Thursday it had adopted software that makes it easier for Switzerland residents to withdraw...
US Federal Trade Commission Warns About Cryptocurrency Scams Using Social Media
The U.S. Federal Trade Commission (FTC) has warned about social media being used in cryptocurrency investment scams. “Social media...
First Mover Asia: Crypto Finishes Bad Month on High Note
Good morning. Here’s what’s happening:Market moves: Bitcoin ended a bad January on a positive note; DeFi trading volume grew...
US Lawmakers Press Bitcoin Mining Firms on Energy Usage, Carbon Emissions, Climate Crisis
Eight U.S. lawmakers, including Senator Elizabeth Warren, have sent letters to top U.S.-based bitcoin mining firms questioning them about...
Cosmos tries to find support at $26 after a 45% drop in two weeks
Cosmos dropped 45% over the last two weeks. Price found support at the $26 mark. Cosmos (ATOM/USD) is a project meant to solve...
TVL, network outages, or derivatives: What’s behind Solana’s (SOL) 60%+ drop?
The past couple of months have not been kind to cryptocurrencies. The sector’s aggregate market capitalization plunged 50% from a...
Is the bottom in? Institutional crypto funds record second week of inflows
After recording heavy outflows at the start of 2022, cryptocurrency investment funds have seen a gradual uptick in investor demand over...
Stablecoins Won Crypto Markets in January – With 0% Returns
In January, stablecoins were the place to be.Among cryptocurrencies with over $10 billion in market cap, the top four performers during...
Decentraland (MANA) vs The Sandbox (SAND) – Which one is a better investment?
If you are looking for the two biggest metaverse and play-to-earn platforms, then it's got to be Decentraland and The Sandbox. But...
Indian parliament’s agenda includes crypto training session, leaves out bill banning digital assets
The latest bulletin covering the agenda for India’s lower house of parliament includes “a lecture on understanding cryptocurrency”...
Silvergate Bank Confirms Diem Tech Acquisition
Silvergate Bank confirmed Monday that it's purchasing the technology and other assets from the Diem Association, the stablecoin project...
Waves (WAVES/USD) is down 81% from all-time highs ($42.7), currently trading at $9.13
The price of WAVES has been spiraling down without a halt. WAVES is seeing slight resistance at $10.3. WAVES/USD is currently trading at...
Ariva (ARV) Announces Milestone Partnership With World Tourism Forum Institute (WTFI) and Global Tourism Forum (GTF)
PRESS RELEASE. Ariva, a next-generation tourism & travel blockchain protocol, has announced a partnership with World Tourism Forum...
Altcoins rack up 30% gains as Bitcoin price chases after $39,000
The cryptocurrency market is in a state of confusion on Jan. 31 as many traders view Bitcoin’s (BTC) weakness as a sign that a...
Market Wrap: Bitcoin Rises Above $38K Ahead of Seasonally Strong February
Bitcoin (BTC) returned above $38,000 on Monday as bearish sentiment faded. The cryptocurrency was up 2% over the past 24 hours, versus a...
TerraUSD (UST) vs Dai (DAI) – Which one is a better investment?
UST and DAI are two stablecoins backed by other cryptocurrencies. Unlike other stablecoins, they are decentralized. Stablecoins are...
FTX Raises $400 Million in Series C Fundraise, Firm Reaches $32 Billion Valuation
Following the company’s subsidiary FTX US raising funds in its first Series A financing round, parent company FTX Trading Ltd. has...
Unpacking Arizona's Bitcoin Legal Tender Proposal
This episode is sponsored by Nexo, Abra and FTX US.Download this episodeOn today’s episode, NLW looks at a proposal...
Coinbase Lists Solana-Based Project Tokens for First Time
Coinbase on Monday began accepting inbound transfers of two Solana ecosystem tokens, FIDA and ORCA, confirming CoinDesk’s earlier...
LINK/USD value rose to a high of $18.05, as the recent bullish trend persists
At $18.05, there was resistance. At $15.5, the LINK/USD pair found strong support. The Chainlink price research shows that bulls have been...
Polkadot (DOT) is consolidating around crucial support – Here is why it could surge by nearly 50%
As the broader crypto market continues to show some signs of life, Polkadot (DOT) has been consolidating gains around a very crucial...
This Marathon Is Among the First IRL-Metaverse Mashups
Virtual sporting company Raramuri is hosting the first-ever marathon in the metaverse, where runners can earn digital rewards for running...
XRP is on the rise but still within a tight consolidation
Today's ripple price analysis is positive. XRP/USD is consolidating over $0.60. Previously in the week, a higher high was reached at...
Bitcoin Bargain? Investors Put Money Into Crypto Funds for Second Straight Week
Investors put money into cryptocurrency funds for a second straight week as the bitcoin market stabilized following one of its worst-ever...
FIL/USD has a potential to gain 30% if bullish momentum is sustained
Filecoin price analysis turns optimistic. At $19.2, there is support for FIL. At $21.9, there is some resistance. The most recent Filecoin...
Provision in House Bill Allowing Treasury Secretary to Block International Crypto Transactions to Be Removed
An agreement to remove a provision in a House bill giving the Treasury secretary the ability to block international crypto transactions...
Comp v Yearn Finance, Which one is a better buy?
These two DeFi projects could go parabolic in 2022 Key points: Both Comp and Yearn are in the fast-growing DeFi market. Comp has a...
NFTs, Celebrities and Perverse Deal-Making
Early last week, a viral clip from “The Tonight Show Starring Jimmy Fallon” began making the rounds on social media. In it, Fallon’s...