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Bankman-Fried’s home breached as a car drove into a barricade.
On Jan. 18, Mark Cohen, one of Sam Bankman-Fried’s lawyers, confirmed that a car drove into SBF’s Palo Alto home. He described the incident as a security breach as the FTX founder faces fraud charges set to return to court.… origin »
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Genesis' Crypto Lending Businesses File for Bankruptcy Protection.
The collapse of FTX was the final straw for Genesis, which earlier this year suffered losses of several hundred million dollars due to its exposure to failed crypto hedge fund Three Arrows Capital. origin »
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Binance joins Latam financial alliances to boost web3 adoption.
Major crypto exchange Binance seeks to propel crypto and web3 adoption and development across the Latin American region by joining the Argentine Chamber of Fintech and Alianza In of Colombia. Changpeng Zhao‘s Binance has announced that it has enlisted into… origin »
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Bitcoin, Ether Hold Steady After Genesis' Bankruptcy, Crypto Traders Say Bad News Was Priced In.
The path of least resistance for crypto is on the higher side, one observer said, drawing attention to bitcoin's tendency to carve out double-digit gains during the Chinese New Year holidays. origin »
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MakerDAO Votes to Keep Gemini USD in DAI Stablecoin’s Reserves.
In a dramatically tight voting, some 51% of votes favored ousting Gemini’s stablecoin from MakerDAO’s reserve. The result is a significant blow to GUSD, as MakerDAO has held 85% of all tokens in circulation. origin »
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China’s digital yuan now supports smart contracts.
Upgrades have been made to China’s Central Bank Digital Currency (CBDC), also known as the digital yuan or eCNY, including smart contract functionality and some recently disclosed use cases. Meituan food service platform deploys e-CNY smart contracts According to a Jan.… origin »
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US banks gave $15m in loans to crypto-friendly companies.
The FHLB has provided advance funding for crypto-friendly banks like Silvergate and Signature to help them stay afloat. origin »
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Crypto Rally Liquidates $500 Million in Short Positions.
Crypto shorts saw significant liquidation recently as the market rally wiped out bets on a continued decline. The post Crypto Rally Liquidates $500 Million in Short Positions appeared first on BeInCrypto. origin »
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Move Over Ledger and Trezor, Meet the 1inch DEX Hardware Wallet.
As the demand for self-custody increased, 1inch network launched its new hardware wallet as compact as a bank card. The post Move Over Ledger and Trezor, Meet the 1inch DEX Hardware Wallet appeared first on BeInCrypto. origin »
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Circle CEO: US Stablecoin Legislation Is ‘Lowest-Hanging Fruit’.
Jeremy Allaire says stablecoin regulation will be what lawmakers are focusing on this year because of its straightforward nature and significant growing potential. origin »
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Bitzlato, Binance and What Regulators Are Really Doing.
It was a failure of messaging. origin »
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Sports NFT Firm Candy Digital Raised Over $38M Amid Founder Strife.
An SEC filing reveals the offering weeks after reports that Fanatics would unload its 60% stake. origin »
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EZ Finance Successfully Completed Private Round Led by Top Angel Investors.
We are thrilled to announce that EZ Finance successfully raised $210,000 in the private investment round to fund the development of an innovative leveraged farming aggregator on the MOVE Ecosystem. origin »
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Crypto Added 119 Million New Owners In 2022 Despite Bear Market.
A 2022 Crypto.com market sizing report has revealed that 119 million new crypto owners were added in the period between January 2022 to January 2023. The figure represents a 39% increase, bringing the total number of global owners to 425 million. origin »
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Research: On-chain metrics continue signaling a Bitcoin bottom.
Previous on-chain research suggested the Bitcoin market bottom was in.
The post Research: On-chain metrics continue signaling a Bitcoin bottom appeared first on CryptoSlate.
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Dogecoin Vs Cardano, Which Is The Better Investment?.
For crypto investors, it sometimes comes down to choosing between digital assets such as Dogecoin, Cardano, and the over 20,000 other coins in the space to invest in. It eventually comes down to the performance of each cryptocurrency and how much gains they can rack up for investors. origin »
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Crypto Firm Investments Increasing as ZK Tech, Gateway, and Flashbots Raise New Capital.
Bitcoin's rally sparks new VC funding in crypto.
The post Crypto Firm Investments Increasing as ZK Tech, Gateway, and Flashbots Raise New Capital appeared first on BeInCrypto.
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Breaking: New FTX CEO John Ray Says Exchange Could Be Relaunched.
According to a report from The Wall Street Journal, the new CEO and chief of the bankruptcy proceedings for FTX, John Ray, is thinking about relaunching the platform. The executive is exploring options to re-launch the trading venue and raise money to repay its customers. origin »
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Deepest inversion since 1981, high probability of recession 2H 2023 or early 2024.
Definition An inverted yield curve is when interest rates on long-term bonds fall lower than those of short-term bonds. The post Deepest inversion since 1981, high probability of recession 2H 2023 or early 2024 appeared first on CryptoSlate. origin »
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Ripple-SEC Suit: Did XRP Sales Violate Securities Laws? Judge Could Declare Verdict As Soon As June.
Garlinghouse is hopeful about a successful resolution to the case within “single-digit months”. origin »|
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Cardano Is The Most Loved Crypto In This Part Of The World, Study Reveals.
The Cardano blockchain and its community have been building a close relationship with Africa, and the results are paying off. According to a report from Coin Kick-off, this cryptocurrency is the most loved in the region. origin »
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Cameron Winklevoss Threatens Legal Action Against DCG CEO After Genesis Bankruptcy.
The Gemini CEO has been involved in a weeks-long public spat with DCG over the repayment of a $900 million loan. origin »
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Genesis Owes Over $3.5B to Top 50 Creditors.
Genesis has over 100,000 creditors between the of its companies that declared bankruptcy. origin »
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Ethereum Development Firm Flashbots Eyes Unicorn Status as It Seeks to Raise $50M: Report.
Crypto venture firm Paradigm has committed to leading the investment, according to the report. origin »
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Circle, Uniswap Research Says DeFi Can Solve $2T FX Risk Problem.
Every day, about $2.2 trillion in foreign-exchange (FX) transactions carry a risk that the yet-to-be settled side of an agreement won’t meet obligations. But a new paper from Circle Internet Financial and decentralized exchange Uniswap Labs finds that a distributed ledger could solve that problem with simultaneous settlement. origin »
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SSV DAO Starts $50M Fund to Push Ethereum's Decentralization Plan.
The fund announcement follows SSV's $2 million grant distribution last year to help teams develop staking projects on Ethereum. origin »
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Crypto Exchange Luno's Co-Founder Departed in December.
Stranex departed Luno in December nearly 10 years after founding the exchange, which is owned by CoinDesk parent company Digital Currency Group. origin »
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Crypto Trading Giant QCP Capital Expects Fed to Be Irate as Financial Conditions Ease.
The recent risk revival in traditional markets and cryptocurrencies may not sustain as the U.S. central bank is still fighting inflation, the Singapore-based crypto options trading firm said. origin »
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First Mover Americas: BTC, ETH Drop Amid Genesis Bankruptcy Reports.
The latest price moves in bitcoin (BTC) and crypto markets in context for Jan. 19, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets. origin »
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Ransomware Variants Are on the Rise but Overall Gains Decline: Chainalysis.
Victims appear to have become less willing to pay, according to a new report. origin »
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UK Trade Groups See Opportunity in Document Bill Under Debate in Parliament.
The bill which is being debated in Parliament could see blockchain technology being used as a way to store documents. origin »
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2023: The Year Regulators Finally Grasp Crypto?.
Amid a prolonged collapse in asset prices, the digital assets space had a wild 2022. The problems may force regulators’ hands on the crypto space. origin »
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Indian IT Minister Refutes Central Bank’s Stance On Crypto.
India’s junior minister of electronics and information technology (IT), Rajeev Chandrasekhar, has recently released a statement about crypto that is not in consonance with the central bank’s view. origin »
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Former Gagosian Head of Digital Builds Generative Art Gallery Tonic.xyz.
The gallery, which will help artists mint their works on-chain, will also seek to onboard the fine art world to the Web3 space through merging the physical and digital worlds. origin »
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Binance Named as Counterparty in FinCEN Order Against Bitzlato.
Binance, the world's largest crypto exchange was named as a counterparty in a FinCEN order against little-known cryptocurrency exchange, Bitzlato. origin »
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Primex Finance Introduces Beta 0.3.0 App With Deployments to Polygon Mumbai and zkEVM Testnets.
Cross-chain prime brokerage protocol Primex Finance rolls out a major update to its application. Launching in two stages, Beta 0.3.0 introduces a variety of new features, as well as improvements and fixes of existing functionalities. origin »
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World Economic Forum in Davos.
In 2023, the World Economic Forum (WEF) is being held in Davos from January 16 to 20. Let’s remember how the event went last year. In 2022, the WEF continued on May 22-26. The session was held in person for the first time since 2020. origin »
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Bitcoin Miner CleanSpark Builds 50MW Additional Mining Capacity at Georgia Site.
The mining firm will increase its computing power by 25% to 34% after the site goes online. origin »
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Cross-Chain Bridge Protocol Stargate Partners With Metis for More Efficient Interoperability.
The move will be the first expansion for Stargate beyond LayerZero technology. origin »
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CleanSpark Breaks Ground On 50 Megawatt Bitcoin Mining Expansion.
The mining firm will nearly double its existing infrastructure, adding up to 50 Megawatts to the 36 Megawatts already in use. origin »
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Raydium Exchange Exploiter Sends $2.7M to Tornado Cash.
The person that exploited Solana-based decentralized exchange Raydium has sent $2.7 million in ethereum to controversial coin mixing protocol Tornado Cash. origin »
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Avalanche DEX Trader Joe Plans to Make its Tokens More Valuable for Users.
The platform aims to expand to Arbitrum and BNB Chain in the coming weeks and is changing part of how its tokens are rewarded and distributed. origin »
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Ethereum Name Service's Governance Proposal Outlines Intention to Sell 10,000 ETH.
A draft governance proposal put forward by a member of the Ethereum Name Service (ENS) DAO suggests liquidating 10,000 ethereum to cover operating costs over the next two years. origin »
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Bitcoin Bridged to Avalanche Surpasses BTC Locked in Lightning Network.
The total circulating supply rose on Avalanche to around $118 million surpassing Lightning's near $100 million. origin »
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Fireblocks Enlists Crypto Protection Firm Coincover for Third-Party Key Recovery Service.
Coincover said Fireblocks customers can rely on fixed processes and a standard service level agreement. origin »
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OKX Publishes Proof-of-Reserves Report Showing $7.5B in ‘Clean Assets’.
Report shows reserves are largely spread between bitcoin, ether, and USDT. origin »
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Ether, Bitcoin Long Traders See $110M Liquidations on Bitzlato-Induced Volatility.
Over 76% of all traders betting on the market’s growth were liquidated yesterday, only for prices to recover slightly on Thursday. origin »
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Why Are Tokens Snowfall Protocol (SNW), Decentraland (MANA), and The Sandbox (SAND) Climbing Up?.
Web 3. 0 technology has evolved, and it’s slowly making its mark in the crypto world. Blockchains like Decentraland, Sandbox, and Snowfall Protocol (SNW) that support the evolution of Web 3. 0 are reaping the benefits now. origin »
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Flashbots Seeks to Raise $50M at $1B Valuation: Report.
Lead MEV organization Flashbots is conducting a reverse-pitching process to raise between $30 million and $50 million. The company has recently come under fire for its role in censoring Ethereum... origin »
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