Key takeaways from Circle’s $44.5B USDC reserve report
Circle has released its reserve report for December 2022 highlighting over-collateralized asset holdings currently backing 44.5 billion USDC tokens in circulation.
Month: January 2023
Walmart-backed PhonePe’s nine-month 2022 revenue surged to $234 million
PhonePe clocked a revenue of $234.3 million in the first nine months of 2022, the most valuable Indian fintech startup has disclosed in a filing. The nine-month financials marks a jump from the $201.6 million revenue that the Bengaluru-headquartered generated in the 12-month financial year period ending in March last year. PhonePe, which is valued … Read more
Australian Regulator Had Internally Raised Concerns on FTX
56 documents published by ASIC shows that the regulator was assessing some products offered by FTX in the country.
Best January since 2013? 5 things to know in Bitcoin this week
Multi-month BTC price highs keep trickling in, but Fed volatility looms as the FOMC coincides with the Bitcoin monthly candle close.
An Analysis of Conficker (2009)
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Floki Inu DAO Passes Proposal to Burn Over $100M Worth of Tokens
FLOKI prices have rallied more than 100% in the past week.
Hermes v MetaBirkin: NFT trademark stoush heads to trial in Manhattan
Luxury brand Hermès filed a suit against digital artist Mason Rothschild after the artist released his Metabirkins NFT collection depicting the company’s Birkin bag product without permission.
China smartphone market slumps to 10-year low in 2022
After a decade of frantic growth, China’s smartphone market is hitting a speed bump as COVID-19 roils the world’s second-largest economy. The country’s smartphone shipments dropped 14% year-over-year in 2022, reaching a ten-year low, according to research firm Counterpoint. It was also the first time that China’s handset sales had slid below 300 million units … Read more
Ordinals protocol sparks debate over NFT’s place in the Bitcoin ecosystem
The community has been divided as to whether the NFT-like “digital artifacts” are the right fit for the Bitcoin ecosystem.
Secret Network validator shuts down nodes after leadership turmoil
An internal conflict at the privacy-focused Secret Network has resulted in at least one validator throwing in the towel.
Philippines securities regulator seeks more authority to police the crypto industry
The Filipino securities regulator is moving to enact tighter rules on crypto, crypto companies and other financial products using blockchain technology.
Eazy Digital helps Southeast Asia’s small insurers digitize their operations
Founded by two insurance industry veterans, Eazy Digital wants to give small insurance companies in Southeast Asia the same advantage as their larger competitors. Its SaaS platform lets insurers digitize many parts of their operations, enabling them to scale up more efficiently. The Bangkok-based startup announced today it has raised $850,000 in an oversubscribed seed … Read more
Bitcoin premium hits 60% in Nigeria as it limits ATM cash withdrawals
The price of one Bitcoin (BTC) in Nigeria can cost upwards of $38,000.
Monkey Drainer-linked scammers possibly exposed after an on-chain quarrel
The scammer referred to their pseudonym during a blockchain message argument which may have revealed their actual identity, according to CertiK.
Aussie regulator flagged concerns about FTX months before collapse: Report
Australia’s financial regulator raised concerns about FTX Australia not long after it began operations in March 2022, according to documents.
Where our gasoline comes from
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A genius at suffering
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