Quick Look
Ransom refusals hit attackers where it hurts: 40% revenue drop in 2022 — Chainalysis
Ransomware victims have seemingly had enough of the extortion, with ransomware revenues for attackers plummeting 40% to $456.8 million in...
Nifty News: Trump NFTs surge 800%, Yuga Labs blacklists NFT exchanges, and more
Trump NFTs daily sales surge by 800% Former United States President Donald Trump’s nonfungible token (NFT) trading card collection has...
Davos 2023: Banking Panel Reinforces the Need for Crypto Regulation
A group of global banking experts hosted by the World Economic Forum (WEF) convened about the need for global crypto regulation, including...
Silvergate Capital Incurs Loss of $1 Billion in Q4 of 2022
Silvergate Capital Corporation, the parent firm of the crypto-focused bank Silvergate Bank, has attributed the $1 billion loss it incurred...
Crypto becomes second most widely-owned asset class for women: eToro survey
While traditional asset classes fail to foster broader adoption among women, crypto seems to have found success in bringing women on...
Binance to Increase Presence in Poland in Compliance With Local Regulations
Binance has unveiled intentions to broaden its activities in Poland, another EU member state where the global cryptocurrency exchange is...
Decentralized forex will reduce cost by as much as 80%: Report
If the foreign exchange market starts using decentralized finance (DeFi) protocols instead of the current centralized systems, the cost of...
Bullish crypto traders maintain the upper hand despite the total market cap rejecting at $1T
The total crypto market capitalization soared by 29.4% in two weeks, although Bitcoin’s (BTC) price stabilized near $21,000 on Jan....
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...
Ripple CEO ‘Optimistic’ About SEC Lawsuit Over XRP — Says ‘I Feel Very Good About Where We Are’
Ripple CEO Brad Garlinghouse says that he is “optimistic” that the Securities and Exchange Commission (SEC) lawsuit over xrp...
NYU Professor ‘Dr. Doom’ Says 99% of Crypto Is a Scam — Tells Investors to ‘Absolutely Stay Away’
NYU Professor Nouriel Roubini, aka Dr. Doom, has warned that “99.99% of crypto is a scam, a criminal activity, a total real-bubble...
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...
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....
Samsung’s Bitcoin ETF, $700M bust, Coinbase exits Japan: Asia Express
Our weekly roundup of news from East Asia curates the industry’s most important developments. Samsung’s new Bitcoin ETF On Jan. 13,...
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...
Ava Labs and Amazon’s partnership could ‘expand the pie’ for blockchain
The Amazon Web Services (AWS)-Avalanche “cooperation,” as it was carefully described last week, should almost immediately make it easy for...
Bitcoin price corrected, but bulls are positioned to profit in Friday’s $580M BTC options expiry
Bitcoin (BTC) price has held above $20,700 for 4 days, fueling bulls’ hope for another leg up to $23,000 or even $25,000. Behind the...
Data suggests Avalanche’s (AVAX) rally was a buy the rumor, sell the news event
Avalanche (AVAX) came into the spotlight early at the beginning of 2023 by adding its blockchain support to Amazon Web Services (AWS)...
Bitcoin miner CleanSpark expands operations in Georgia
Bitcoin (BTC) miner CleanSpark is expanding operations in the state of Georgia, adding to its mining capacity despite the ongoing bear...
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....
MatchBoxDAO launches esports experience for Web3 developers
MatchBoxDAO — a collective of developers, artists and designers building on-chain gaming infrastructure with StarkNet — has announced the...
Spacewalkers: Becoming an Investor on the Blockchain – How Can Anyone Invest in the Gaming Industry?
Spacewalkers, a gaming studio, is revolutionizing the way that investors can participate in the profits of their projects. The company is...
FTX’s $5.5 Billion in Alleged ‘Liquid Assets’ Includes Locked SOL Cache and Illiquid FTT Holdings
Two days ago, bankruptcy administrators and FTX debtors published an update for unsecured creditors claiming the discovery of $5.5 billion...
Biggest Movers: Meme Coins Move Lower, With SHIB Declining by 10%
Meme coins moved lower on Jan. 19, as cryptocurrency markets plunged following recent highs. Shiba inu, which rose to a nine-week high on...
1inch launches proprietary hardware wallet as self-custody trend grows
Decentralized exchange (DEX) aggregator 1inch Network is the latest cryptocurrency platform to move into the hardware wallet industry amid...
Bitcoin faces $15K crash as US sparks ‘financial meltdown’ — Arthur Hayes
In his latest blog post released on Jan. 19, Arthur Hayes, the former CEO of BitMEX exchange predicted a “global financial meltdown”...
How to prevent AI from ‘annihilating humanity’ using blockchain
When he’s not working on hastening humanity’s rush toward the Singularity by creating an artificial general intelligence (AGI), Ben...
Saudi Arabia Open to Trading in Currencies Other Than US Dollar, Signaling a Shift Toward De-Dollarization
After a 48-year relationship solely with the U.S. dollar, Saudi Arabia’s Finance Minister, Mohammed Al-Jadaan, said the kingdom is...
Expect better blockchain games in 2023, says Animoca Brands CEO
The celebrated union between blockchain and gaming has encountered several hurdles that have left many wondering if the new sector of...
Bitcoin, Ethereum Technical Analysis: ETH, BTC Lower, US Retail Sales Slow
Ethereum fell lower on Thursday, as cryptocurrency markets continued to react to the latest U.S. retail sales figures. Sales in the United...
Aussie ‘Big 4’ bank mints stablecoin for carbon trading and remittances
National Australia Bank (NAB) is set to become the second “Big 4” Australian bank to launch an Australian dollar-pegged stablecoin on the...
Bitcoin crowd sentiment hit multi-month high as BTC price touches $21K
Bitcoin (BTC) climbed to a four-month high above $21,000 in the third week of January, embellishing trader’s hope. The market has seen the...
Ethereum price retreats as the put/call ratio edges upwards
Ethereum put and call ratio on Deribit has risen this week. ETH bullish liquidations have also jumped in the past 2 days. The spectacular...
Ukraine to Be Best Crypto Jurisdiction With New Tax Rules, Digital Minister Says in Davos
Ukraine will become the world’s best jurisdiction for crypto assets, the minister overseeing the country’s digital transformation...
How Bitget Became a Dark Horse and Earns Market Share and Trust From Millions in Crypto Winter
2022 was one of the roughest years in the crypto industry, which saw the collapse of Terra LUNA, Celsius, and FTX, consequently wiping out...
Enjin Coin price pumps as ENJ short liqudations soars
Enjin Coin has made a strong comeback in 2023. This rally happened as short liquidations jumped. Metaverse tokens like Decentraland and...
East African Community to Decide on Regional Central Bank Launch in 2023
The East African Community (EAC) will decide during the course of the year 2023 when and where it will locate the envisioned regional...
Bitcoin can pass $30K before setting new bear market low — forecast
Bitcoin (BTC) may gain another 50% before seeing a mass sell-off to complete its bear market, new research predicts. In the latest edition...
Is it safe to buy ENJ coin after gaining 16% today?
Enjin was launched in 2009 in Singapore and quickly became the largest gaming community creation platform. Its popularity led to the birth...
Soaring growth of Ethereum layer-2 networks set to continue in 2023
Ethereum layer-2 networks have gone through an explosive growth phase over the past couple of months a trend that is set to continue in...
Eurozone Finance Ministers Pledge Support for Digital Euro Project, Talk Privacy
The ministers of finance of the countries in the eurozone reaffirmed their support for efforts to prepare for the potential launch of a...
Thailand Issues New Regulations on Custodied Cryptocurrencies
The Securities and Exchange Commission (SEC) of Thailand has issued new regulations on custodied cryptocurrencies. Companies offering...
South Korea to Regularly Inspect Crypto Risks With New Monitoring Tools
South Korea’s financial regulator is developing new tools to regularly monitor crypto risks. The regulator warned that while the...
Ripple CEO: XRP lawsuit resolved by June, SEC conduct ’embarrassing’
Ripple CEO Brad Garlinghouse expects the firm’s long-running dispute with the Securities Exchange Commission (SEC) will be finalized...
CFTC commissioner: Crypto exchanges shouldn’t ‘self-certify’ tokens
A commissioner from the Commodity Futures Trading Commission (CFTC) has called on Congress to stop allowing cryptocurrency exchanges to...
Japan Urges Regulators Worldwide to Subject Crypto Exchanges to Bank-Level Oversight
Japan has reportedly urged other countries, including the U.S., to regulate crypto exchanges like they do banks. A top official at the...
Price analysis 1/18: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, DOT, LTC, AVAX
The United States producer price index (PPI) fell 0.5% for the month, which was much more than the 0.1% decline estimated by economists...
ConsenSys slashes headcount 11% as chief economist reveals formula for adoption
ConsenSys, the parent company behind MetaMask, is letting go of 11% of its workforce, with CEO Joseph Lubin blaming “uncertain market...
Ethereum Gas Fees Spike as ETH Value Rises: Average Onchain Fees Jump by More Than 50%
While the second-largest crypto asset by market capitalization, ethereum, has risen 27% against the U.S. dollar in the last two weeks, the...
Bitzlato Exchange Busted as US Deals ‘Blow to Crypto Crime,’ Arrests Owner
Cryptocurrency exchange Bitzlato, better known to the Russian-speaking segment of the market, has been taken down as part of an...
Nearly $1 Billion Poured Into Egypt’s Forex Market — Local Currency Now World’s Worst Performing Currency in 2023
The Egyptian central bank recently claimed that its decision to devalue the local currency has been vindicated by foreign investors’...
Ethereum price rally under question after ETH slams into resistance at $1.6K
Ethereum (ETH) price is struggling to overcome resistance at $1,600 and this is the altcoin’s third attempt since September 2022. Some...
Bitzlato kept a low profile, but did not go entirely unnoticed before DOJ action
Noncustodial peer-to-peer crypto exchange Bitzlato was little known to some before the United States Department of Justice (DOJ)...
Digital Currency Group Suspends Dividends Amid Regulatory Trouble With Subsidiary Genesis
According to a shareholders’ letter from Digital Currency Group (DCG) viewed by finance and crypto publication Coindesk, the company...
SHIB price preps for 75% boom as Shiba Inu teases L2 blockchain launch
Shiba Inu is hoping to become more than just a Dogecoin (DOGE)-inspired memecoin as it comes closer to launching its layer-2 network...
Bitcoin sees new 4-month high as US PPI, retail data posts ‘big misses’
Bitcoin (BTC) set yet another multi-month high before the Jan. 18 Wall Street open as United States macroeconomic data fell far wide of...
Bitzlato and its founder face enforcement actions from US authorities
The United States Department of Justice announced a “major international cryptocurrency enforcement action” against crypto firm Bitzlato...
Bitcoin and Ethereum correct amid Bitzlato takedown, tech layoffs and economic worries
Bitcoin (BTC) price and the wider crypto market corrected as news of coordinated “international cryptocurrency enforcement action” stirred...
Sam Bankman-Fried Disputes FTX US ‘Shortfall’ Claims, Critics Skeptical of Excel Spreadsheet Defense
Following an update from FTX debtors about the $5.5 billion discovered by administrators during an investigation, former FTX CEO Sam...
CoinEx 2022 Year in Review: New Slogan, Better Product, and More User-Friendly Services
PRESS RELEASE. 2022 is an extraordinary year for the crypto industry, and it is also a year of struggle for both institutions and users....
Biggest Movers: SHIB Surges to Fresh 2-Month High on Wednesday
Shiba inu surged to a multi-month high on Wednesday, as the meme coin collided with a key price ceiling. Prices rose by as much as 17% in...
Bitcoin inches closer to a 10-year record, as other stats turn bullish
The world’s first cryptocurrency Bitcoin (BTC) is one day away from matching its historic 15-day win streak if its positive price...
Crypto Mason’s death threats from maxis: Hall of Flame
Name: Mason Versluis — aka “Crypto Mason” Anonymous: No Twitter followers: 146.2K Known for: Garnering over 1 million followers on social...
FTX Discovers $5.5B in Liquid Assets — Debtors Explore Ways to Maximize Recovery via Potential Sale of Subsidiaries, Real Estate
On Jan. 17, 2023, FTX Trading Ltd. and affiliated debtors updated the public and detailed that the firm’s current administrators...
Bitcoin, Ethereum Technical Analysis: BTC Hits Highest Point Since September
Bitcoin rose to its highest level since September, as markets prepared for the release of U.S. retail sales data. This afternoon’s...
Coinbase terminates Japan operations, why is share price still up 50% in two weeks?
Key Takeaways Coinbase is halting all operations in Japan, citing “market conditions” Last week it cut 20% of its workforce,...
Sao Paolo Court Ruled Against Binance in User Withdrawal Related Case
A court in Sao Paolo, Brazil, ruled against Binance in a case in which the leading cryptocurrency exchange faced a withdrawal-related...
Ethereum price targets $2k as fear and greed soars
Ethereum price has been in a strong bullish trend in the past few days. The fear and greed index has moved to the greed zone. Ethereum...
Exciting New Gaming-Focused Blockchain Neon Link Successfully Launches January 2023
PRESS RELEASE. LONDON, ENGLAND – January 18th, 2023 – Neon Link, a new blockchain and ecosystem, is about to launch on mainnet in Q1 2023....
Shiba Inu price prediction ahead of Shibarium launch
Shiba Inu price went parabolic on Wednesday as it reached a high of November. The developers wrote about the upcoming Shibarium launch....
Will Bitcoin price crack $22K? Dollar weakness, Bank of Japan easing boost hopes
Bitcoin (BTC) faced a potentially volatile day on Jan. 18, with multiple macro triggers beginning to unsettle the outlook. BTC/USD 1-hour...
Half a billion dollars of short sellers liquidated in biggest crypto rally in 9 months
Key Takeaways The cryptocurrency market cap is back above $1 trillion following the biggest surge in 9 months Half a billion dollars...
Dogecoin carbon emissions down by 25% following Elon Musk collaboration
Research shows that Dogecoin (DOGE) was the only memecoin in 2022 to proactively reduce its carbon footprint — a key metric for mainstream...
Is it safe to buy Bitcoin amid trading above 20k for the first time since November?
Bitcoin hodlers felt a bit of relief recently. After making a new all-time high in 2021, Bitcoin entered the bearish market territory and...
Shanghai Metaverse Pilot Introduces Digital Services in 20 Urban Locations
The city of Shanghai is bringing metaverse activities to 20 urban locations, that will allow citizens to use digital tools in different...
‘There will be many more zeros’ — Kevin O’Leary on FTX-like collapses to come
Unregulated crypto exchanges will continue to fall like dominoes post-FTX, with plenty more “meltdowns” to come, warns Shark Tank star and...
Crypto stocks surge: Coinbase up 69%, MicroStrategy up 74% since lows
The share price of cryptocurrency exchange Coinbase has surged by 69% since its all time lows and other crypto-related stocks including...
Iran and Russia Consider Issuing Gold-Backed Stablecoin, Officials Unveil
Tehran and Moscow are discussing the possible launch of a stablecoin for international settlements, the Russian press revealed. In order...
Hashkey Capital Raises $500 Million for Its Third Fund, Despite Crypto Market Downturn
On Tuesday, global asset manager Hashkey, which focuses on crypto and blockchain investments, announced that it has closed its third fund...
Number of devs increased during crypto winter: Electric Capital report
The notion that bear markets are good for builders appears to be true with the total number of monthly active Web3 developers increasing...
BIS Economists Recommend 3 Crypto Policies for Regulators Worldwide to Adopt
Economists at the Bank of International Settlements (BIS) have recommended three policies regulators worldwide could adopt in order to...
Former SEC Official’s Crypto Warning: Regulatory Onslaught Is Just Beginning
The Securities and Exchange Commission (SEC)’s former head of internet enforcement has warned the crypto industry that a...
Bitcoin on-chain and technical data begin to suggest that the BTC price bottom is in
Bitcoin’s (BTC) price has followed a four-year cycle, with consecutive bull and bear trends occurring in somewhat measurable intervals. A...
Bitcoin holds $20K while flirting with a neutral futures premium for the first time in 6 months
After 66 agonizing days, Bitcoin (BTC) price finally broke above the $20,000 psychological resistance on Jan. 14. At the same time, the...
Rising Bitcoin Prices Cause Cascade of Short Liquidations, Highest Ratio of Short vs. Long Wipeouts Since July 2021
The top two crypto assets have risen significantly in the past seven days, with bitcoin jumping 22.6% and ethereum increasing 18.6%...
Bitcoin price strength intensifies as risk-loving traders bring volume back to the crypto market
The beginning of 2023 has provided Bitcoin (BTC) with bullish indicators and the rally to a year-to-date high at $21,647 has crypto...
Defi Lending Sector Experiences Major Shake-Up: 71% of Total Value Locked Evaporates in 12 Months
Decentralized finance (defi) has continued to remain deeply ingrained in the cryptocurrency economy as the ecosystem provides users with a...
Smart Contract Tokens, Defi Economy See Strong Growth, Market Capitalization Swells by $78 Million in 30 Days
Smart contract tokens and the decentralized finance economy have been on a tear during the last month, gaining against the U.S. dollar....
Bitcoin hits new post-FTX high as analysis warns move ‘choreographed’
Bitcoin (BTC) hit new two-month highs overnight into Jan. 19 as suspicions over the market’s validity gained momentum. BTC/USD 1-hour...
Price analysis 1/17: SPX, DXY, BTC, ETH, BNB, XRP, DOGE, ADA, MATIC, DOT
Risk assets have started the new year on a strong note. The S&P 500 (SPX) and the Nasdaq closed in the positive for the second...