Quick Look
SBF denies stealing FTX assets, SEC charges Gemini and Genesis, and more: Hodler’s Digest: Jan. 8-14
Top Stories This Week Sam Bankman-Fried: ‘I didn’t steal funds, and I certainly didn’t stash billions away.’ In a “pre-mortem overview” of...
Decentralized Exchange Trading Volumes Remain Lackluster in the New Year, Uniswap Leads the Way with Daily Swaps
According to statistics, decentralized exchange (dex) monthly trading volumes have dropped significantly since Jan. 2022. After a brief...
Treasury Secretary Yellen Urges Swift Action to Increase Spending Limit, Avert Default on US Obligations
Janet Yellen, the U.S. secretary of the Treasury, sent a letter to Congress on Friday urging lawmakers to increase the spending limit....
Osprey Vies for Control of Grayscale’s Bitcoin Trust; Tron’s Justin Sun Offers to Invest Up to $1B on DCG Assets
Following charges by the U.S. Securities and Exchange Commission against the crypto exchange Gemini and the digital currency lender...
Biggest Movers: SHIB Hits 6-Week High, Whilst SOL Extends Recent Gains
Solana surged by as much as 30% on Saturday, setting a fresh multi-month high in the process. The move comes as cryptocurrency markets...
Bitmex Co-Founder Criticizes Former FTX CEO for Not Liquidating Hedge Fund Alameda
The Bitmex co-founder, Arthur Hayes, criticized Sam Bankman-Fried, the disgraced FTX co-founder, on Friday after Bankman-Fried published...
Bitcoin, Ethereum Technical Analysis: BTC Above $21,000 as ETH Hits Fresh 2-month High
Bitcoin surged to a fresh two-month high on Jan. 14, as crypto markets were significantly higher on Saturday. The world’s largest...
Polygon tests zero-knowledge rollups, mainnet integration inbound
Ethereum layer-2 scaling protocol Polygon (MATIC) is carrying out performance testing of zero-knowledge rollup (zk-Rollups) technology...
DMCC Crypto Centre Surpasses 500 member companies in 2022
The presence of over 500 blockchain and Web3 firms inside the Dubai Multi Commodities Centre (DMCC)’s Crypto Centre shows that...
El Salvador Approves Digital Assets Issuance Law
The Legislative Assembly of El Salvador approved the Digital Assets Issuance Law, a framework that will allow the country to issue...
Decentralized social media a game changer for creator monetization — Web3 exec
The idea of decentralized social media platforms continues to gain significant traction, with users becoming increasingly concerned with...
DeFi was the most attacked ecosystem in 2022: Finance Redefined
Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you...
3 blockchain use cases that extend beyond crypto
Blockchain use cases have expanded far beyond cryptocurrency in recent years, with multiple industries embracing the technology in a wide...
Bitcoin price rally over $21K prompts analysts to explore where BTC price might go next
After Bitcoin (BTC) hit a yearly high of $21,095 on Jan. 13, where is it headed next? Bitcoin is currently witnessing an uptick in bullish...
Bitcoin price blasts past $21K as 3-day short liquidations near $300M
Bitcoin (BTC) continued a stunning comeback on Jan. 14 as $21,000 appeared for the first time since early November. BTC/USD 1-hour candle...
Bill Gates Props Up AI Against Metaverse and Web3 Tech
Bill Gates, the co-founder of Microsoft, has given his opinion about the relevance of Web3, metaverse, and AI (artificial intelligence), a...
Bitconnect Victims to Receive Over $17 Million in Restitution From Ponzi Scheme
More than $17 million in restitution will be distributed among investors in the pyramid scheme Bitconnect under a court order in the...
Cryptocurrency Exchange to Sponsor Ukraine’s National Soccer Team
Ukraine’s national soccer team has secured a sponsorship deal with a player from the industry that wants to engage fans and promote...
Samsung’s Asset Management Arm Launches Bitcoin Futures ETF in Hong Kong
Samsung’s asset management arm has launched a bitcoin futures exchange-traded fund (ETF). The new actively managed ETF is listed and...
Bitcoin price wants to retest 2017 all-time high near $20K — Analysis
Bitcoin (BTC) stayed near $19,000 at the Jan. 13 Wall Street open as traders hoped a week of swift gains would stick. BTC/USD 1-day candle...
Price analysis 1/13: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, DOT, LTC, UNI
Bitcoin (BTC) rose above $19,000 on Jan. 12, the highest level since Nov. 8. Although a bull market may not start in a hurry, Glassnode...
Metamask Launches Ethereum Staking Services via Lido and Rocketpool
On Friday, the Web3 wallet firm Metamask, a subsidiary of the Ethereum-centric company Consensys, announced the beta launch of ethereum...
Total crypto market cap closes in on $1T right as Bitcoin price moves toward $20K
The total cryptocurrency market capitalization reached its highest level in over two months on Jan. 13 after breaking above the $900...
Disgraced FTX Co-Founder Awaits Trial, Passes Time Playing Video Games and Blogging on His New Substack Newsletter
The former CEO of FTX, Sam Bankman-Fried (SBF), has published a Substack newsletter on Jan. 12, 2023, and the first post is titled...
Hodlnaut creditors reject the restructuring plan, prefer liquidation
The Singapore-based crypto lender Hodlnaut is looking at a possible liquidation as the firm’s creditors have rejected the proposed...
Tesla turns tables on Bitcoin as 2023 gains outpace BTC price comeback
Bitcoin (BTC) may be up 16% in 2023, but one stock it outperformed last year is now getting its revenge. Data from Cointelegraph Markets...
FTX allowed by bankruptcy judge to sell LedgerX, other assets
The judge in charge of overseeing the FTX bankruptcy proceedings has given the embattled crypto exchange the approval to sell some of its...
Lawyer explains new federal virtual asset law in the United Arab Emirates
The United Arab Emirates (UAE) has passed a new law that governs virtual assets, setting up the country’s initial regulatory regime...
Ethereum ‘shark’ accumulation, Shanghai hard fork put $2K ETH price in play
Ether (ETH) price technicals suggest that 35% gains are in play by March 2022 due to several bullish technical and fundamental factors....
MetaMask Staking launches, plugging into Lido and Rocket Pool liquid staking
MetaMask users are set to have access to Ethereum liquid staking providers Lido and Rocket Pool courtesy of a new integration unveiled by...
What is regenerative finance (ReFi), and how does it impact NFTs and Web3?
In many countries, millions of people clack basic equitable access to the financial services that would allow them to meet their daily...
SEC Charges Genesis and Gemini — Winklevoss Says Regulator’s Lawsuit Is ‘Super Lame’
The U.S. Securities and Exchange Commission (SEC) has charged crypto exchange Gemini and crypto lender Genesis Global Capital, a...
Nexo Bitcoin Withdrawals Surge Following Raid of Bulgarian Offices
After the offices of crypto lender Nexo were raided in Bulgaria, the digital currency lending platform experienced a significant amount of...
Biggest Movers: SHIB Hits 6-Week High, ETC Extends Recent Gains
Shiba inu was one of Friday’s biggest gainers, as the meme coin raced to a six-week high. The move came as the global...
800 victims of ‘massive’ Bitconnect fraud to receive $17M restitution
A group of crypto fraud victims of the BitConnect investment scheme will see some respite from the multi-billion dollar fraud scheme after...
Crypto lender Nexo wants to sue Bulgaria after office raids
Troubled cryptocurrency firm Nexo is planning to sue the Bulgarian government after massive raids at the company’s offices in Sofia. Nexo...
Biden Vows to Veto House Republicans’ ‘Fair Tax Act’ Proposing Elimination of IRS
Several U.S. House of Representatives Republicans have proposed legislation that would significantly decrease funding for the Internal...
Bitcoin, Ethereum Technical Analysis: BTC Hits 2-Month High, Climbing Above $19,000
Bitcoin continued to trade higher on Jan. 13, with prices racing above the $19,000 level, hitting a two-month peak in the process. The...
Cryptocurrency price prediction: AGIX, MULTI, Aptos
Cryptocurrencies had a strong week as investors reacted to the FTX bankruptcy proceedings and the latest American inflation data. In the...
More Than 65% of Oman’s Crypto Holders Are College Graduates — Study
Approximately 65,000 of Oman’s residents are holders of crypto and a majority of these are either high school or college graduates,...
Forbes Gives Alchemy Pay Web3 Innovation Pioneer Award
PRESS RELEASE. Singapore, 12 January 2023: Fiat-crypto payment gateway Alchemy Pay and its co-founder and majority shareholder, Shawn Shi,...
Winklevoss slams SEC charges against Gemini as a ‘super lame … manufactured parking ticket’
Tyler Winklevoss, the co-founder of cryptocurrency exchange Gemini, has hit out at the regulator charging the exchange over issuing...
Cardano ecosystem set to expand with custom-built sidechains
The team behind the Cardano ecosystem will release a software toolkit later this month that will enable developers to deploy custom-built...
Samsung investment arm considering spot-Bitcoin ETF in Hong Kong
Hot on the heels of its Bitcoin (BTC) futures exchange-traded fund (ETF) in Hong Kong, Samsung Asset Management has indicated it’s...
Climate tech VC argues Bitcoin’s ESG positives outweigh its negatives 31:1
A climate tech investor has painted a bright view of the Bitcoin network, suggesting its environmental positives outweigh its negatives by...
El Salvador Chivo Wallet Programmer Opens Up About Alleged ID Fraud, Tech and Money Laundering Issues
A Chivo wallet programmer has opened up about the different problems that the flagship cryptocurrency wallet of El Salvador faced during...
Web3 can help artists and companies manage music metadata: B2B music exec
The music industry has not shied away from its keenness on adopting Web3 solutions. From nonfungible tokens (NFTs) helping artists connect...
Belarusian Fined $1 Million for Illegal Crypto Trading
A Belarusian citizen will have to pay a hefty fine for illegally organizing the exchange of cryptocurrencies online. Law enforcement...
Cryptocurrency Exchanges Still Fighting Private Banks for Right to Open Bank Accounts in Chile
The conflict between banks and cryptocurrency exchanges in Chile is still developing, as some banks are reticent to serve this kind of...
‘Wall of worry’ led to digital wallets, blockchain tech ignored: Cathie Wood
ARK Invest CEO Cathie Wood believes that digital wallets and blockchain tech were among “game-changing innovations” that the equity...
Coinbase Shutting Down Most Crypto Services in Japan After Series of Job Cuts Globally
The Nasdaq-listed cryptocurrency exchange Coinbase is closing down most of its operations in Japan after announcing another round of job...
Major media want answers: Who guaranteed Bankman-Fried’s $250M bail?
Eight major media companies including Bloomberg, The Financial Times and Reuters have demanded public disclosure of the two individuals...
Crypto exchange WonderFi confirms merger talks with Coinsquare
Crypto exchange WonderFi, which is backed by crypto investor and billionaire Kevin O’Leary, has confirmed it is in preliminary discussions...
90% of businesses adopting blockchain technology, data
The crypto and blockchain space has had a turbulent past year, but that is not stopping users and enterprises from looking into the...
Crypto community unimpressed by SBF’s lengthy Substack letter
The crypto community has voiced their opinions on former FTX CEO Sam “SBF’ Bankman-Fried’s “pre-mortem overview” of the collapse of FTX he...
Cryptocurrency is headed toward surviving its first age
The past year was a challenge across the globe. Financial markets plunged deep into the red, affecting millions, if not billions, of...
Binance Now Authorized in 7 EU Countries — Sweden Becomes Latest Member State to Give Approval
Crypto exchange Binance is now legal to operate in seven European countries following the latest approval by Sweden’s financial...
Major media outlets demand identities of SBF’s $250M bond guarantors
Eight major media companies including Bloomberg, The Financial Times and Reuters have demanded public disclosure of the two individuals...
Miss El Salvador Features Bitcoin in Miss Universe 2023
The Miss Universe contestant from El Salvador this year has surprised viewers by featuring bitcoin as part of her national costume. El...
Nigerian crypto exchange Roqqu receives European virtual currency license
Nigerian crypto exchange Roqqu was granted a virtual currency license for the European Economic Area after two years of waiting for...
Here’s how to quickly spot a deepfake crypto scam — cybersecurity execs
Crypto investors have been urged to keep their eyes peeled for “deepfake” crypto scams to come, with the digital-doppelganger...
Bankruptcy Court Terminates FTX Naming-Rights Agreement for Miami Heat Arena
A federal bankruptcy court in the U.S. has ended the FTX naming-rights agreement for Miami Heat’s basketball stadium. The sports venue was...
Huobi employees revolt, GameFi lives, Antminer on steroids: Asia Express
Our weekly roundup of news from East Asia curates the industry’s most important developments. Huobi’s disgruntled employees According to...
FTX Donations to Early Covid-19 Researchers Raise Questions of Propaganda Tied to Pandemic Prevention
While the former CEO of FTX, Sam Bankman-Fried, awaits his trial at the end of the year, reports indicate that the company donated...
Miss Universe contestant represents El Salvador with Bitcoin-inspired costume
Actress and model Alejandra Guajardo represented El Salvador in the preliminary competition of the Miss Universe 2022 pageant by wearing a...
Blockchain industry shows signs of stabilizing in 2023: Report
2022 was a rollercoaster ride of ups and downs for the blockchain industry. While the year’s first quarter looked promising, the crypto...
Bitcoin price rallies to $19K, but analyst says a $17.3K retest could happen next
Bitcoin (BTC) price has gained 15% in the past 13 days, and during this timeframe, traders’ bearish bets in BTC futures were liquidated in...
Trump’s NFT Prize Collection Surfaces on Secondary Markets, Generates $53K in 24-Hour Sales
Following the launch of Donald Trump’s non-fungible token (NFT) card collection, winners of the Trump-themed prizes are selling...
3 reasons why Avalanche (AVAX) price can double by March 2023
Avalanche (AVAX) has opened 2023 with a bang, rising nearly 55% in the first two weeks. And now, a mix of technical and fundamental...
Congress may be ‘ungovernable,’ but US could see crypto legislation in 2023
The United States House of Representatives finally elected a speaker last week, concluding a four-day, 15-ballot ordeal that left many...
Litecoin to Undergo Block Reward Halving in Just Over 200 Days, First Among Major PoW Cryptocurrencies
In roughly 202 days, the cryptocurrency network Litecoin (LTC) will experience a block reward halving on or around Aug. 3, 2023. Litecoin...
Nigeria revisits its payments landscape amid sluggish eNaira adoption
Nigeria’s central bank will explore the potential of stablecoins, the adoption of blockchain technology to power a central bank digital...
Nexo offices reportedly raided by police in Bulgaria
Troubled cryptocurrency lender Nexo is facing more pressure from regulators as its offices have been reportedly raided as part of an...
Illicit crypto transactions reached all-time highs in 2022: Report
2022 set the record in illicit on-chain transactions, setting aside the criminal investigations of failed crypto businesses like FTX,...
Bitcoin price fails to seal fresh CPI gains as $18K support hangs in balance
Bitcoin (BTC) wobbled at $18,000 at the Jan. 12 Wall Street open despite United States inflation continuing to fall. BTC/USD 1-hour candle...
Bitcoin Network Braces for Notable Difficulty Increase in 3 Days
Bitcoin’s mining difficulty, the measure of how difficult it is to find a new block and add it to the blockchain, is set to...
Biggest Movers: AVAX 22% Higher, as DOT Nears 1-Month High
Avalanche was one of Thursday’s big gainers, as the token rose by as much as 22% in today’s session. The move came as inflation in the...
Jack Ma surrenders control of fintech giant Ant Group
Chinese billionaire and Alibaba founder, Jack Ma, will no longer control the fintech giant Ant Group as part of recent changes to the...
Nifty News: ‘Degen’ season returns with feet NFTs, disappointing Game of Thrones NFTs and more
‘Degen’ season smells like pixelated feet Feetpix.wtf’s newly launched nonfungible token (NFT) collection, “Feetpix,” has seemingly taken...
Play-to-earn falling out of favor after ‘massive shift in priority’ — BGA survey
A new survey has found that the blockchain gaming industry is experiencing a “massive shift,” with the once-popular play-to-earn...
‘Deflation’ is a dumb way to approach tokenomics… and other sacred cows
Having taught and studied token economics at the University of Nicosia, I’ve found that students often have some decidedly muddled beliefs...
Crypto Lender Nexo Under Investigation for Alleged Money Laundering, Russian Sanction Violations in Bulgaria
According to several reports, Bulgarian law enforcement officials are investigating crypto lender Nexo for alleged money laundering and...
Bitcoin, Ethereum Technical Analysis: BTC Above $18,000, ETH Hits 2-Month High
Bitcoin rose to a four-week high on Thursday, as price surged above $18,000 hours before the upcoming U.S. inflation report. This comes as...
Germany’s Financial Watchdog Warns of ‘Godfather’ Malware Attacks on Crypto Apps
The agency overseeing the financial sector in Germany has issued a warning about the ‘Godfather’ malware attacking banking and crypto...
Bitcoin mining ETF tops equity ETF market in new year’s performance charts
Bitcoin (BTC) and other altcoins started the new year on a bullish note, with most cryptocurrencies surging to multi-month highs. Apart...
Samsung investment arm to launch Bitcoin Futures ETF amid rising crypto interest
In Hong Kong, the bell rings for Bitcoin (BTC). Samsung Asset Management Hong Kong (SAMHK), a subsidiary of Samsung’s investment arm...
13% of BTC supply returns to profit as Bitcoin sees ‘massive’ accumulation
Bitcoin (BTC) hodlers are returning to profit as new data hints the BTC price has put in the “foundation” of a macro bottom. The latest...
Chinese Billionaire Jack Ma Agrees to Cede Control of Fintech Giant Ant Group
Chinese billionaire Jack Ma recently agreed to give up control of Ant Group as part of changes to the fintech’s corporate structure,...
UK Treasury Considers Digital Pound, Maintains Crypto Hub Objective
The U.K. is mulling over launching a digital pound as it remains committed to becoming a cryptocurrency hub, a government representative...
Judge slams senators’ letter against FTX lawyers as ‘inappropriate’
The judge handling FTX’s bankruptcy has reportedly slammed a joint letter from four United States senators calling for an independent...