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DeFi was the most attacked ecosystem in 2022: Finance Redefined
13.1.2023
2023 started on a bullish note for nearly all the top 100 DeFi tokens, as most of them rose to new multi-week highs
Decentralized social media a game changer for creator monetization: Web3 exec
13.1.2023
Decentralized social media platforms could provide the potential for users to own their content, and data, and make decisions about monetization
Crypto lender Nexo wants to sue Bulgaria after office raids
13.1.2023
Nexo platform has reportedly experienced massive outflows amid the news on office raids and an ongoing investigation against the firm
Hodlnaut creditors reject the restructuring plan, prefer liquidation
13.1.2023
Hodlnaut downplayed its exposure to the Terra ecosystem, but an investigation into the embattled crypto lender shows it lost $190 million in the Terra crash
Huobi and Solaris crypto-to-fiat debit card launches in the EU
13.1.2023
The Visa-backed debit card will allow Huobi users in the European Economic Area (EEA) to pay from their crypto accounts at point of sale stations globally
Belarusian Fined $1 Million for Illegal Crypto Trading
13.1.2023
A Belarusian citizen will have to pay a hefty fine for illegally organizing the exchange of cryptocurrencies online. Law enforcement authorities in the country, where certain crypto activities are legal, do not plan to impose other penalties besides the administrative measure. Cryptocurrency Trader...
Winklevoss hits back against 'super lame... manufactured parking ticket'
13.1.2023
Tyler Winklevoss hit back at the SEC charging Gemini in a series of tweets on Jan. 12 calling the action "totally counterproductive."
Bankruptcy Court Terminates FTX Naming-Rights Agreement for Miami Heat Arena
13.1.2023
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 branded FTX Arena as part of a multi-year, multi-million dollar sponsorship deal between the now-bankrupt crypto exchange and Miami-Dade County in 2021....
Crypto Community unimpressed by SBF’s lengthy substack letter
12.1.2023
In the letter, SBF denied stealing funds and stashing billions of dollars away
Litecoin to Undergo Block Reward Halving in Just Over 200 Days, First Among Major PoW Cryptocurrencies
12.1.2023
In roughly 202 days, the cryptocurrency network Litecoin (LTC) will experience a block reward halving on or around Aug. 3, 2023. Litecoin will be the first major proof-of-work (PoW) blockchain to see a reward reduction before Bitcoin’s upcoming halving, which is expected to occur 203 days...
BIS economists suggest improving TradFi with CBDC to attract users away from crypto
12.1.2023
The latest Bank of International Settlements bulletin looks at ways to mitigate the risks of crypto assets and suggests TradFi could get its house in better order too
Breaking: DCG owes creditors over $3B, considering $500M VC portfolio sale
12.1.2023
Crypto broker Genesis allegedly owes $900 million to clients of cryptocurrency exchange Gemini alone
‘FTX was not crypto’ — DeFi Dad sets the record straight
12.1.2023
Tune in to the third episode of Hashing It Out, where Cointelegraph’s Elisha Owusu Akyaw discusses the evolution of decentralized finance with Fourth Revolution Capital investor, DeFi Dad
Germany’s Financial Watchdog Warns of ‘Godfather’ Malware Attacks on Crypto Apps
12.1.2023
The agency overseeing the financial sector in Germany has issued a warning about the ‘Godfather’ malware attacking banking and crypto applications. Hundreds of these platforms have been targeted, the regulator noted, including those operating in the Bundesrepublik. Financial Authorities Advise...
Nexo offices reportedly raided by police in Bulgaria
12.1.2023
The investigators have alleged that Nexo is involved in money laundering and violating global financial sanctions against Russia
UK Treasury Considers Digital Pound, Maintains Crypto Hub Objective
12.1.2023
The U.K. is mulling over launching a digital pound as it remains committed to becoming a cryptocurrency hub, a government representative has indicated. British authorities should also regulate payments with stablecoins, according to the official. United Kingdom Prepares to Begin Consultation...
Ava Labs partners with AWS to offer one-click node deployment
11.1.2023
Other new features include a subnet deployment service and GovCloud integration for compliance-friendly Dapps
Bitcoin miner Northern Data says production increased by 315% Y/Y in 2022
11.1.2023
According to Northern Data AG, it generated a total of 2,798 BTC in the fiscal year 2022
City of London, British trade groups form new digital currency advocacy alliance
11.1.2023
The UK capital’s governing body is partnering with the Digital Pound Association and other trade groups to promote good crypto policy and practice and the UK’s position as a global financial center
Ethereum’s Dominance on the Rise: Market Share Increases by 3% Among Global Crypto Assets
11.1.2023
Since Dec. 31, 2022, ethereum’s market dominance has increased by more than 3% among the thousands of crypto assets worldwide, valued at roughly $856 billion on Jan. 11, 2023. According to coinmarketcap.com, a popular coin market capitalization aggregation site, ethereum’s crypto...