Quick Look
Crypto price predictions: Hedera (HBAR), Oasis (ROSE), Viberate
Cryptocurrency prices had a mixed week amid elevated risks. Bitcoin price plunged to a low of $21,820, the lowest level since January 20....
Argentina Mulls Inclusion of Proof-of-Solvency Requirements in Crypto Regulation
Regulators in Argentina are mulling the inclusion of stringent requirements in their next cryptocurrency regulatory framework. According...
Central Bank of Brazil to Test Security and Transaction Privacy Levels of the Digital Real
The Central Bank of Brazil will focus its first digital real tests on determining the levels of privacy and security that can be achieved...
Bitcoin price more correlated to FTX developments than macro events: Research
The collapse of FTX and related developments did more to pull up or push down the price of Bitcoin (BTC) throughout Q4, compared to...
Gold Coins Help Zimbabwe Achieve ‘Price and Exchange Rate Stability’ — Central Bank
The Reserve Bank of Zimbabwe recently revealed that some 25,188 of its value-preserving gold coins were sold between July 2022 and Jan....
Moonpay and Looksrare Partner to Bring Convenient NFT Purchasing to the Masses
On Thursday, the fiat-to-crypto onramp business Moonpay announced a multi-year partnership with the non-fungible token (NFT) marketplace...
‘Agent of an anti-crypto agenda’ — Community slams Gensler over Kraken crackdown
Members of the crypto community seem outraged over the recent charges laid against crypto exchange Kraken in relation to its...
French Luxury Brand Hermes Wins NFT Trademark Infringement Lawsuit
French luxury brand Hermes has won a lawsuit against an artist who depicted its famous Birkin bags in a non-fungible token (NFT)...
Federal Reserve Officials Say More Interest Rate Hikes Are Needed to Curb Inflation
Several Federal Reserve governors and presidents say that more interest rate hikes are needed to curb inflation. “We are not done...
Coinkite Launches ‘Higher-End’ Coldcard Bitcoin Wallet With QR Code Scanner
The bitcoin hardware wallet manufacturer Coinkite has announced the launch of a new product, the Coldcard Q1, which features a QWERTY...
SPS discusses challenges of building GameFi amid crypto winter
Amid a drastic decline in coin prices, shifting player behavior and hard-to-maintain tokenomics, it’s been a difficult year for many...
Rocket Pool’s Ethereum staking service reaches $1B in TVL
According to data from DefiLlama, Ethereum staking service Rocket Pool reached $1 billion in total value locked (TVL) on Feb. 9. The move...
Ethereum co-founder Joe Lubin says no chance ETH is classed as security
Ethereum co-founder and crypto entrepreneur Joseph Lubin is confident that Ether (ETH) won’t be classified as a security in the United...
Bitcoin price hits 2-week low amid warning $22.5K loss means fresh dip
Bitcoin (BTC) stayed lower at the Feb. 9 Wall Street open as a sweep of local lows increased bets of a more serious comedown. BTC/USD...
Aave Launches Stablecoin GHO on Ethereum Goerli Testnet with Open Source Codebase and Audits
Aave Companies, the firm behind the decentralized finance (defi) project Aave, has announced the launch of a stablecoin called GHO on the...
New Hampshire could become an alternative for crypto firms moving to the Bahamas
New Hampshire is on the verge of becoming a national leader in cryptocurrency if its legislature follows through on recommendations made...
China’s 180M digital yuan airdrop, Devastation in Turkey, Laos’ CBDC: Asia Express
Our weekly roundup of news from East Asia curates the industry’s most important developments. China airdrops 180 million digital yuan to...
Kraken Winds Down Staking Program, Pays $30 Million to Settle Unregistered Offering of Staking Services Case With SEC
Kraken, a U.S.-based cryptocurrency exchange, has agreed to wind down its cryptocurrency staking program as part of an arrangement with...
What is decentralized storage, and how does it work?
Businesses face several problems when storing data on-premises. There are steep technical and cost issues in scaling infrastructure up and...
German DekaBank plans to launch tokenization platform by 2024
105-year-old German bank DekaBank is planning to launch a blockchain-based tokenization platform in collaboration with the digital asset...
Analyst Warns of Banks’ Authority to Confiscate Funds, Decline of US Dollar Purchasing Power
According to Lynette Zang, chief market analyst at ITM Trading, U.S. banks have the legal authority to confiscate people’s funds due...
Major Crypto ATM Operator Coin Cloud Files for Bankruptcy
One of the largest cryptocurrency ATM operators, Coin Cloud, which claims to operate more than 5,000 crypto ATMs, has filed for bankruptcy...
LBank Secures Virtual Asset Provider Registration to Operate in Italy
PRESS RELEASE. Global crypto exchange LBank has registered as a Virtual Asset Provider with Italian regulator Organismo degli Agenti e dei...
Coinbase CEO Brian Armstrong Expresses Concern Over Rumors of SEC Ban on Crypto Staking for Retail Customers
Brian Armstrong, CEO of Coinbase, expressed concern about rumors that the U.S. Securities and Exchange Commission (SEC) may eliminate...
Payments provider Affirm to sunset crypto program after 19% staff cut
Max Levchin, the CEO of buy-now-pay-later company Affirm, has confirmed that they will be shutting down their “Affirm Crypto Program” amid...
Biggest Movers: LINK Moves to 3-Month Peak, as DOGE Drops to 10-Day Low
Chainlink rallied to a three-month high during Thursday’s session, despite a red wave sweeping through cryptocurrency markets. Today’s...
AI to feature prominently in the crypto user experience — Nansen CEO
As the crypto industry attracts more users, developers are laser-focused on improving user experience, a major pain point for most new...
Localbitcoins, the Pioneer P2P Bitcoin Exchange, Shuts Down After a Decade of Service Due to Crypto Winter
Localbitcoins, the Helsinki, Finland-based bitcoin exchange founded in 2012, is closing operations after over a decade of service. The...
Bitcoin, Ethereum Technical Analysis: BTC Moves Below $23,000 as Market Volatility Heightens
Bitcoin dropped to a two-week low on Feb. 9, with prices falling below the $23,000 mark after a brief rally on Wednesday. Cryptocurrencies...
As Bitcoin nears $25K, questions about rally’s sustainability remain
It is no secret that the global economy has continued to weaken over the course of the past year. To this point, on Jan. 19, the United...
Digital Gold Traded for Digital Rubles by Russia’s Rosbank
Rosbank has brokered Russia’s first deal involving the exchange of tokenized gold with the digital version of the Russian national fiat...
Yield farming is live on Bitcoin․com’s Verse DEX with ~80% APY
Bitcoin.com is excited to announce that Verse Farms are live on the Verse DEX. Anyone can now deposit select Liquidity Pool (LP) tokens...
Proposed Israeli law to classify crypto as securities will ‘kill the industry’
Proposed laws in Israel that would see cryptocurrencies classified as securities would cause huge damage to the local crypto industry,...
Crypto exchange Kraken faces probe over possible securities violations: Report
Cryptocurrency exchange Kraken is reportedly being probed by the United States Securities and Exchange Commission over whether it breached...
Arthur Hayes bets on Bitcoin, altcoin surge in H1 2023 as he buys BTC
Bitcoin (BTC), Ether (ETH) and even nascent altcoins are a solid “buy,” a previously risk-off investor says. In a blog post released Feb....
Bitzlato Co-Founder Anton Shkurenko Arrested in Russia, Report
Russian authorities have reportedly arrested the second co-founder of seized cryptocurrency exchange Bitzlato. The man, who recently...
Getting rid of crypto staking would be a ‘terrible path’ for the US — Coinbase CEO
The CEO and co-founder of cryptocurrency exchange Coinbase, Brian Armstrong, believes that banning retail crypto staking in the United...
Nigerian President Barred From Extending Old Naira Banknote Demonetization Deadline
With just a few days left before the old naira banknotes are demonetized on Feb. 10 as scheduled, a court in Nigeria has blocked the...
Indian Crypto Exchange Wazirx Calls Binance’s Allegations ‘False and Unsubstantiated’ — Seeks Recourse
Indian crypto exchange Wazirx has denied the allegations made by Binance regarding the relationship between the two crypto exchanges....
BTC price metric that cued biggest Bitcoin bull runs breaks out at $23K
A little-known Bitcoin (BTC) price metric has just given a new bull run signal — and it has never been wrong. As noted on Feb. 8 by Caleb...
Shark Tank Star Kevin O’Leary Says Most Crypto Tokens Are Worthless — ‘They’ll Eventually Just Go to Zero’
Shark Tank star Kevin O’Leary, aka Mr. Wonderful, says that most crypto tokens are worthless and they will eventually drop to zero...
YouTuber baits MMA fighter to promote fake NFTs: Nifty Newsletter, Feb. 1–7
In this week’s newsletter, read about how Yuga Labs settled a lawsuit with one of the creators of a copycat nonfungible token (NFT)...
Commodity Strategist Mike McGlone Says Cryptocurrencies May Be Facing Their First Real Recession
Bloomberg Intelligence’s senior commodity strategist Mike McGlone has warned that “cryptos may be facing their first real...
Price analysis 2/8: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, DOT, LTC, AVAX
The United States Federal Reserve Chairman Jerome Powell said on Feb. 7 that the “disinflationary process, the process of getting...
Cryptocurrency Exchanges Offer Assistance to Earthquake-Hit Turkey
Major crypto exchanges have offered to help the people of Turkey to overcome the consequences of this week’s devastating...
Bitcoin’s Average Transfer Fees Experience Sharp Increase: 122% Rise in 10 Days
Statistics show transfer fees on the Bitcoin network have increased 122% since the end of last month, as the average transaction fee has...
Crypto and psychedelics: Clarifying regulations could help industries grow
This year, investors are watching for big spikes in biotech companies working with psychedelics, especially as the once-controversial...
3AC Co-Founder Kyle Davies Fails to Respond to Liquidators’ Subpoena Despite Twitter Delivery
According to recent court filings, Kyle Davies, co-founder of the defunct cryptocurrency hedge fund Three Arrows Capital (3AC), has...
Biggest Movers: MATIC Moves to 10-Month High, ATOM Extends Recent Gains
Polygon rose to its strongest point since last April, as prices rose by as much as 6% on Feb. 8. The token surged for a second straight...
Justin Aversano makes a quantum leap for NFT photography
Artist name: Justin Aversano Location: Los Angeles Date minted first NFT: Feb. 15, 2021 Which blockchains? Ethereum Bio: Unintentionally,...
UK blockchain carbon offset platform raises $45M in seed funding
According to a press release published on Feb. 8, blockchain carbon credit transaction network Carbonplace has secured $45 million in an...
Privacy Coin Interest Stays Tepid as Leading Coins Report Modest Gains in 2023
Over the past 90 days, the top privacy coins by market capitalization have seen an increase of just over $2 billion, rising from $4.65...
Bitcoin bulls stumble at $23.4K as Fed’s ‘disinflation’ sparks BTC price rally
Bitcoin (BTC) rebounded to key resistance on Feb. 8 as crypto markets got a boost from a familiar source. BTC/USD 1-hour candle chart...
Ethereum gas price spikes 29% in January as user activity grows: Report
Stepping into 2023, the cryptocurrency market seemingly shrugged off the year-long bearish sentiment from 2022. As investors took notice,...
CoinGecko and 21Shares propose global crypto classification standard
Major cryptocurrency data aggregator CoinGecko and crypto investment firm 21Shares have joined forces to launch a global standard for...
Happy Bitcoin anniversary, Tesla — Elon Musk firm still hodls 9.7K BTC
Bitcoin (BTC) held by Tesla is still worth 33% less than its 2021 purchase price, the latest data shows. Two years to the day that Elon...
5 high-paying careers in data science
Data science plays a critical role in supporting decision-making processes by providing insights and recommendations based on data...
India in ‘no hurry’ for CBDC as digital rupee pilot onboards 50k users
The Indian government doesn’t want to rush its central bank digital currency (CBDC) pilot despite joining the CBDC race just a few months...
Bitcoin, Ethereum Technical Analysis: ETH Nears $1,700, Fed Prepared to Maintain Rate Hikes
Ethereum closed in on the $1,700 level on Wednesday, as markets reacted to comments from U.S. Federal Reserve Chair Jerome Powell....
Musk’s Twitter Payment Vision in Tune With Fiat-Crypto Gateway Alchemy Pay
Elon Musk’s Twitter has fallen into revenue difficulties, hoping to find new sources of revenue outside the original $5 billion a...
Nigerian City of Lagos Among the World’s Top 20 Crypto Hub Cities — Study
According to the findings of a study by Recap, the crypto asset management firm, the Nigerian city of Lagos is ranked among the...
Alameda wallets resurrect to transfer FTT in the millions
Wallets linked to the bankrupt Alameda Research became active again on Feb. 7, transferring millions worth of FTX Tokens (FTT). The...
Bitcoin ignores the recent dollar’s strength; positive momentum builds up
Bitcoin diverges from the FX market and ignores the recent dollar’s strength Positive momentum builds up Possible pennant formation...
Elementus Raises $10 Million to Bring Clear Blockchain Analytics to Institutional Customers
Elementus, a New York-based blockchain firm, has raised $10 million as part of its Series A-2 funding round, led by Web3 VC company Parafi...
SBF’s lawyers move to block release of bail guarantors’ identities
The names of two guarantors who signed off on part of Sam Bankman-Fried’s $250 million bail bond will continue to remain a secret for now....
Digital pound could co-exist with private stablecoins — UK central bank
The United Kingdom is a step closer to launching a Central Bank Digital Currency (CBDC) after releasing a consultation paper explaining...
Voyager subpoenas FTX and Alameda execs as judge orders fee examiner
Lawyers representing bankrupt crypto broker Voyager Digital have served former FTX CEO Sam Bankman-Fried and other FTX and Alameda...
DCG offloads Grayscale shares to raise capital: Report
Cryptocurrency conglomerate Digital Currency Group (DCG) has reportedly begun to sell its holdings in crypto funds managed by its...
South Korean officials traveled to Serbia to find Do Kwon
The hunt for the controversial founder of the now-collapsed Terra ecosystem, Do Kwon, has intensified with South Korean officials...
Nouriel ‘Dr. Doom’ Roubini Warns About Demise of US Dollar
Nouriel Roubini, an economist known as “Dr. Doom,” has warned about the demise of the U.S. dollar and the rise of a...
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....
Nokia uses the Metaverse to connect remote breweries, train aircraft techs
From beer breweries on opposite ends of the globe to aircraft technicians in isolated airports, telecoms infrastructure firm Nokia has...
Bank of England thinks digital pound can co-exist with private stablecoins
The United Kingdom is a step closer to launching a Central Bank Digital Currency (CBDC) after releasing a consultation paper explaining...
US Dollar to Keep Losing Its Appeal as Safe-Haven Currency of Last Resort, Says Strategist
Pacific Investment Management Company (PIMCO) expects the U.S. dollar to “continue to lose its appeal as the safe-haven currency of...
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...
Investment Manager Predicts Gold Could Hit $3,000 This Year
Investment management and advisory firm Goehring & Rozencwajg expects gold to hit record highs this year. “I wouldn’t be...
Binance to support users in Turkey’s earthquake region with $100 airdrops in BNB tokens
The devastating earthquake that hit Turkey on Feb 6 has left a trail of destruction in its wake, affecting numerous communities and...
ConsenSys releases statement of support for continuation of the Jarrett tax case
ConsenSys issued a statement Feb. 7 in support of the appeal of the of Jarrett v. United States case concerning the taxation of staking...
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...
Laotian CBDC proof of concept project to launch using system pioneered in Cambodia
Japanese financial software firm Soramitsu has announced the signing of a memorandum of understanding with the Bank of the Lao People’s...
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...
Bitcoin’s on-chain metrics are flipping bullish: Bitfinex report
Bitfinex market report points to bullish metrics for BTC Supply in Profit, Bitcoin Realised HODL (RHODL) Multiple and Reserve Risk ratio...
Dubai releases crypto regulations for virtual asset service providers
The Virtual Asset Regulatory Authority (VARA), the regulator in charge of overseeing cryptocurrency laws within Dubai, has issued new...
Law Firm Subpoenas FTX Co-Founder, Top Executives, and Former Alameda CEO Over Voyager Digital Deal
On Feb. 6, 2023, law firm Kirkland & Ellis issued a subpoena to FTX co-founder Sam Bankman-Fried and top executives on behalf of...
Avalanche (AVAX) price is up, but do fundamentals support the rally?
Avalanche (AVAX) witnessed a meteoric start to 2023, gaining 98% in 30 days, and traders are now curious about whether the rally will...
LBank Exchange Will List Fief (FIEF) on February 8, 2023
PRESS RELEASE. INTERNET CITY, DUBAI, Feb. 7, 2023 – LBank Exchange, a global digital asset trading platform, will list Fief (FIEF)...
FTX Bankruptcy: Judge Delays Decision on Appointing Independent Examiner Amid Cost Concerns
Judge John Dorsey has delayed his decision on whether to appoint an independent examiner in the FTX case. At the latest hearing, Dorsey...
Biggest Movers: GRT Hits Highest Point in 9 Months, LTC Snaps Losing Streak
The graph token surged by over 35% so far on Tuesday, as markets continued to be buoyed by the growth of its ecosystem. Since allowing...
Dubai releases crypto regulations for virtual asset services providers
The Virtual Asset Regulatory Authority (VARA), the regulator in charge of overseeing cryptocurrency laws within Dubai, has issued new...
Long-standing crypto project vs. scam: Ava Labs CEO shares key difference
Emin Gün Sirer, creator of the Avalanche Consensus protocol and CEO of Ava Labs, believes that there is one very straightforward method to...