Quick Look
Fed Governor Warns Crypto Prices Could Fall to Zero — Says ‘Don’t Expect Taxpayers to Socialize Your Losses’
U.S. Federal Reserve Governor Christopher Waller has warned that crypto prices could fall to zero at some point. “Please don’t...
MATIC, HBAR, LDO and BIT gather strength as Bitcoin price rebounds
Bitcoin (BTC) price is trying to recover over the weekend but the current bounce lacks conviction. This suggests that dip buyers are...
Block Sizes Exceeding 3 MB Now Common on Bitcoin Blockchain as Ordinal Inscription Demand Rises
Since Luxor, a bitcoin mining pool, mined a record-setting 3.96 MB block (#774,628) on the Bitcoin blockchain, block sizes have been...
Public miners increased Bitcoin production, hash rate in January
The first production update of 2023 from publicly listed Bitcoin (BTC) mining companies shows a steady increase in hash rate and a surge...
Russia Releases Bitzlato Co-Founder Anton Shkurenko After Questioning
Russian authorities have released the recently arrested co-founder of crypto exchange Bitzlato, said to have processed illicit funds worth...
House Republicans Demand Answers From SEC Over FTX Co-Founder’s Arrest
On Feb. 10, 2023, Republicans Patrick McHenry of North Carolina and Bill Huizenga of Michigan, both members of the U.S. House of...
Monetary policy: Definition, types and tools
What is monetary policy? Monetary policy refers to the actions taken by a central bank or monetary authority to manage the supply of money...
Bitcoin Network Experiences Slight Dip in Difficulty After Record High
Bitcoin’s difficulty decreased 0.49% on Feb. 12, 2023, following a sustained all-time high of 39.35 trillion over the previous two...
Ark Invest on $1.4M BTC, Possible Julian Assange-Linked File on Bitcoin Blockchain — Week in Review
Investment management firm Ark Invest has offered three bitcoin price predictions in a new report, including a bull scenario where bitcoin...
Understanding crypto bag holders and their mindset
For the first time in centuries, paper money, or fiat, found its true competition in the internet era. When Bitcoin (BTC) debuted in 2009,...
Bitcoin price eyes $22K rebound with BTC market structure ‘not yet broken’
Bitcoin (BTC) edged closer to $22,000 over the weekend as traders and analysts urged caution on overly bearish sentiment. BTC/USD 1-hour...
Seoul Sanctions North Korea Over Crypto Theft
South Korea has imposed sanctions on the North in relation to a number of cyberattacks often resulting in the theft of cryptocurrency. The...
IMF Report on El Salvador’s Bitcoin Adoption: Risks Averted, but Transparency Needed
According to a recent mission statement published by the International Monetary Fund (IMF), El Salvador has adopted bitcoin as legal...
Daily Raids on Crypto Farms as Abkhazia Intensifies Mining Crackdown
Authorities in Abkhazia are stepping up efforts to clamp down on cryptocurrency mining amid electricity shortages in the winter months....
India’s Central Bank Reveals 50,000 Users and 5,000 Merchants Now Using Digital Rupee
India’s central bank, the Reserve Bank of India (RBI), has revealed that 50,000 users and 5,000 merchants are now using its central...
Economist Peter Schiff Warns of Financial Crisis and ‘Much More Severe Recession’ Than the Fed Recognizes
Economist and gold bug Peter Schiff has warned of a financial crisis and a much more severe recession than the Federal Reserve recognizes....
Rich Dad Poor Dad’s Robert Kiyosaki Warns ‘Everything Will Crash’ — Plans to Buy More Bitcoin
The famous author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, has warned that “everything will crash,”...
Chinese Government Launching National Blockchain Innovation Center
The Chinese government is setting up a national blockchain innovation center in Beijing to focus on industrial applications and major use...
Kraken’s staking down, FTX post-bankruptcy hell and Binance news: Hodler’s Digest, Feb. 5-11
Top Stories This Week Kraken reaches $30M settlement with SEC over staking as IRS seeks user information Kraken has agreed to stop...
Stiffing the Staker: The SEC’s Latest Crackdown on Crypto Innovation
The crypto world was jolted last week when the Securities and Exchange Commission (SEC) shut down Kraken’s staking program, much to...
Report: Paypal Puts Stablecoin Plans on Hold as US Regulators Crack Down on Crypto Industry
During the first week of 2023, payment service giant Paypal said it was exploring the launch of a stablecoin. At the time, an executive at...
AshSwap the first stable-swap DEX Launches on MultiversX Mainnet
Ho Chi Minh City, Vietnam, 11th February, 2023, Chainwire AshSwap, the first stable-swap DEX on the MultiversX blockchain (previously...
Bit2Me Debit Card Launch Gives Users up to 9% Cashback on All Purchases
Bit2Me, the biggest Spanish exchange, and the first company to be recognized as a virtual service provider by the Bank of Spain has just...
Ordinal Inscriptions Take the NFT World by Storm: Over 50,000 Added to the Bitcoin Blockchain in 2023
As of Friday, Feb. 10, 2023, the Bitcoin blockchain had seen the addition of more than 50,000 Ordinal inscriptions as the trend has...
NFT Sales Rise 18.43% This Week, Led by Ethereum’s $233.85 Million in NFT Settlements
Non-fungible token (NFT) sales rose 18.43% this week, totaling $272.68 million. However, the number of NFT buyers declined by 60.31% to...
FTX liquidators report exchange held $2.4M ‘fleet of vehicles’ in the Bahamas
The joint provisional liquidators of FTX Digital Markets — the firm’s subsidiary in the Bahamas — has released a report on the company’s...
Bitcoin logo imperfection found on original artwork after 12 years
While Satoshi Nakamoto is credited as the anonymous creator of Bitcoin (BTC), what often goes unnoticed are the selfless contributions of...
Bitcoin is already in its ‘next bull market cycle’ — Pantera Capital
Bitcoin (BTC) is beginning its “seventh bull cycle,” and investors should not be scared of crypto post-FTX, Pantera Capital believes. In...
Building a career in the metaverse: Skills and opportunities
A career in the metaverse involves developing and designing virtual environments and experiences within a virtual world. Creating virtual...
Biggest Movers: SHIB, LTC Rebound From Recent Losses on Saturday
Shiba inu continued to move away from a recent one-week low on Saturday, as the meme coin rebounded to start the weekend. Although overall...
2023 is a make-or-break year for blockchain gaming: Play-to-own
Will 2023 finally see an explosion of crypto gaming? The signs are mixed, with former play-to-earn darling Axie Infinity falling out of...
Bitcoin, Ethereum Technical Analysis: ETH Nears $1,500 Level to Start the Weekend
Ethereum neared a breakout below $1,500 to start the weekend, pushing prices closer to a one-month low. Overall sentiment remained mostly...
Bankrupt Celsius Aims to Raise $14.4 Million From Bitcoin Mining Rig Credits and Coupons
Defunct cryptocurrency lender Celsius aims to secure more than $14 million from credits and coupons backed by Bitmain, according to an...
Kenyan AI and Blockchain Startup Receives Investment From Swiss VC Firm
Fastagger Inc, an artificial intelligence and blockchain startup from Kenya, recently revealed that it had received an investment from the...
Web3 community unites for Turkish–Syrian earthquake victims: Finance Redefined
Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you...
JPMorgan Estimates Ethereum Shanghai Upgrade Might Bring More Investors to Stake in the Protocol
JPMorgan, one of the biggest financial institutions in the world, estimates that the arrival of the next Ethereum upgrade, codenamed...
State-backed Crypto Mining Farm under Construction in Russia’s Buryatia
A new crypto mining facility is being built in the Russian Republic of Buryatia with support from a government-affiliated company....
Kazakhstan Law Limiting Crypto Miners’ Consumption of Electricity Enters Into Force
A new law expanding the regulatory framework for cryptocurrency miners while restricting their access to low-cost electricity has entered...
Bank of New York Mellon: ‘Clients Are Absolutely Interested in Digital Assets’
Bank of New York Mellon (BNY Mellon) has revealed that its clients “are absolutely interested in digital assets.” Emphasizing...
Ground Handling Firm to Use a Blockchain Document Solution at 28 Saudi Airports
The Kingdom of Saudi Arabia-based airport ground handling services firm, Saudi Ground Services, has said it plans to implement a...
Price analysis 2/10: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, DOT, LTC, AVAX
On Feb. 9, United States Securities and Exchange Commission (SEC) chair Gary Gensler explained why the regulator had cracked down on...
Bitcoin price correction was overdue — Analysts outline why the end of 2023 will be bullish
Bitcoin (BTC) price and the wider crypto market corrected at the start of this week, giving back a small portion of the gains accrued in...
‘Midnight Massacre:’ SEC Crackdown on Crypto Staking Services Prompts Speculation of Further Enforcement Actions
On Feb. 9, 2023, the cryptocurrency community learned of the U.S. Securities and Exchange Commission’s (SEC) crackdown on staking...
Kraken CEO Calls on Congress to Protect US Crypto Industry Following Settlement With SEC Over Staking Program
The CEO of crypto exchange Kraken, Jesse Powell, has called on Congress to pass a law to protect the U.S. crypto industry after the...
Bitcoin Price Outlook for February
February has been a rollercoaster ride for cryptocurrency traders, with market volatility leading to high levels of price uncertainty....
What is a coinbase transaction?
The coinbase transaction’s value is based on factors such as each individual transaction’s value, block height, and...
Worldwide Webb founder explains the role interoperability will play in Web3 ecosystems
In the latest episode of NFT Steez, Thomas Webb, the founder of the interoperable avatar game Worldwide Webb, discusses the integration of...
Co-founders of StoryCo discuss how blockchain technology can evolve the way IP is franchised
What captivates many creators in the realm of blockchain and Web3 is the possibility to create, own and earn without intermediaries, and...
Three Arrows Capital Co-Founder Announces New Crypto Venture Open Exchange Amid Bankruptcy Controversy
Following the recent court filing from liquidators for Three Arrows Capital (3AC) claiming frustration with the 3AC co-founders for...
Biggest Movers: SOL, ADA Plunge, as Market Momentum Turns Bearish
Solana slipped to a three-week low on Feb.10, as momentum in cryptocurrency markets remained firmly bearish. At the time of writing this,...
Stablecoin Market in Flux: More Than $2 Billion in USDC Redemptions in 30 Days
It appears that the circulation of the stablecoin usd coin has decreased while tether’s has grown, as the latest statistics paint a...
Bitcoin price taps 3-week lows as SEC fears liquidate $250M of crypto longs
Bitcoin (BTC) fell to bearish target zones on Feb. 10 as bulls failed to hold important support above $22,000. BTC/USD 1-day candle chart...
The history of mining: From the stone age to the digital era
Mining is the process of extracting valuable minerals, metals and other resources from the earth. This may entail extracting minerals from...
Bitcoin, Ethereum Technical Analysis: BTC, ETH Hit Multi-Week Low, as Sell-off Worsens
Bitcoin moved below $22,000 on Friday’s session, as sentiment in cryptocurrency markets remained bearish. Volatility in markets has...
Russian Charged With Laundering Ransomware Proceeds in Crypto Pleads Guilty in US
A Russian national accused of processing cryptocurrency payments from ransomware attacks has pleaded guilty to money laundering in the...
Bitget Expands Innovation Zone With Priority Access to Exceptional Projects
PRESS RELEASE. Victoria Seychelles, 2023 – Bitget, the leading global crypto derivative exchange, announces to add AI (Artificial...
South Korea sets independent sanctions for crypto theft against North Korea
South Korea announced its first independent sanctions related to cryptocurrency thefts and cyberattacks against specific North Korean...
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,...