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‘Huge signal and validation’ — Top Activision exec to take Yuga Labs’ helm

December 20, 2022 by

Kieran Warwick, co-founder of blockchain role-playing game Illuvium believes Yuga Labs latest hire will be a boon for GameFi.

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$1.7M of Bitcoin tied to QuadrigaCX reawakens after years of dormancy

December 20, 2022 by

The wallets were thought to be inaccessible following the death of the exchange’s founder in 2018, as he had sole responsibility for the wallet’s private keys.

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Sam Bankman-Fried agrees to US extradition ‘to put the customers right’: Report

December 19, 2022 by

The former FTX CEO attended an emergency hearing of the Bahamas Magistrate Court just hours earlier, returning to prison following the event.

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Bank of Canada emphasizes need for stablecoin regulation as legislation is tabled

December 19, 2022 by

A note by central bank researchers says regulation is the key to reaping the benefits of fiat-referenced crypto assets after the Canadian parliament fails to consider legislation.

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$16K retest the most likely path for Bitcoin, according to 2 derivative metrics

December 19, 2022 by

Top traders’ long-to-short ratio and stronger demand for stablecoins in Asia indicate higher odds of further price correction.

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Successful decentralization doesn’t need blockchains: Nillion CEO

December 19, 2022 by

According to the CEO of Nillion, “decentralization is a spectrum with multiple axes.”

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Crypto’s regulatory fate will be decided in the year ahead

December 19, 2022 by

Congress is set to take up a slew of legislative proposals in 2023 that will determine which regulators have chief domain over cryptocurrency.

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Next House committee chair reintroduces bill on crypto innovation

December 19, 2022 by

Under the proposed bill, companies could apply for an “enforceable compliance agreement” with offices at federal financial agencies that would allow for a regulatory path forward.

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Sam Bankman-Fried arrested and consented to the extradition — Law Decoded, Dec. 12-19.

December 19, 2022 by

The entrepreneur reportedly reconsidered his earlier decision to contest extradition and now would be able to appear in a United States court.

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Boris Johnson’s brother steps down as Binance adviser amid concerns over the exchange: Report

December 19, 2022 by

Lord Johnson of Marylebone reportedly took up a role on the U.K. advisory board of one of Binance’s subsidiaries in September.

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Binance acquires 100% of Indonesian Tokocrypto after initial investment in 2020

December 19, 2022 by

This is the third licensed Asian cryptocurrency exchange Binance has bought this year as it expands its global reach; the company had shown signs of struggling.

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Sam Bankman-Fried wants to see indictment before extradition to US: Report

December 19, 2022 by

Authorities in the Bahamas have had the former FTX CEO in custody since Dec. 12, shortly before he was denied bail.

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BTC price faces 20% drop in weeks if Bitcoin avoids key level — analyst

December 19, 2022 by

Bitcoin does not look good when it comes to sustained BTC price upside, traders warn, as GBTC reaches a fresh record discount.

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Grayscale CEO highlights 20% GBTC share buyback option if ETF conversion fails

December 19, 2022 by

The proposed offer would require both SEC relief and shareholders’ approval.

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What is the relationship between blockchain and Web3?

December 19, 2022 by

Amidst the Web3 revolution, the importance of blockchain in Web3 lies in offering a universal state layer to build the decentralized Web.

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Axelar launches $60M startup ecosystem program

December 19, 2022 by

The program aims to accelerate the development of decentralized applications and protocols to replace centralized exchanges.

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Crypto investment firm CoinShares debuts trading on Nasdaq Stockholm

December 19, 2022 by

CoinShares’ stock was previously listed on the Nasdaq First North Growth Market, an alternative stock exchange for small and medium-sized companies.

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Binance.US set to acquire Voyager Digital assets for $1B

December 19, 2022 by

Previously, FTX US was the largest bidder for the firm’s assets, with an offer of $1.4 billion.

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Eva Kaili arrest a ‘setback’ for EU crypto regulations, economist says

December 19, 2022 by

European Parliamentarian Eva Kaili’s arrest under allegations of corruption is being labeled as a blow to crypto and blockchain adoption.

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How will ChatGPT affect the Web3 space? Industry answers

December 19, 2022 by

From smart contract auditing to enhancing user interactions, executives point out how ChatGPT can potentially affect Web3.

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What is crypto market capitulation and its significance

December 19, 2022 by

Cryptocurrency market capitulation revolves around investors’ fears of further losses in a seemingly never-ending downward spiral, but it’s also the period of maximum opportunity.

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‘Wave lower’ for all markets? 5 things to know in Bitcoin this week

December 19, 2022 by

BTC price hovers in a tight range, but Bitcoin analysts are predicting a grim end to the year for risk asset holders.

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Ethereum bulls wake up after four years to transfer 22,982 ETH

December 19, 2022 by

The ETH tokens in question originated from trading platforms Genesis and Poloniex and were found transferring 13,103.99 ETH and 9,878 ETH, respectively.

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Nifty News: Building bridges in the Metaverse, elaborate Apes scam and more

December 19, 2022 by

A South Korean province is using the Metaverse for closer economic ties with Vietnam and an elaborate phishing scam netted 14 Bored Apes.

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Nigeria set to pass bill recognizing Bitcoin and cryptocurrencies

December 19, 2022 by

The slated law comes as Nigeria’s eNaira has only managed to obtain a 0.5% adoption rate 12 months after its launch in Oct. 2021.

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$4B OneCoin scam co-founder pleads guilty, faces 60 years jail

December 19, 2022 by

The co-founder of the fraudulent scheme is set to be sentenced in April 2023 on charges relating to wire fraud and money laundering.

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Israeli court rules authorities can seize crypto in 150 blacklisted wallets

December 19, 2022 by

Over 150 crypto wallets blacklisted for alleged links to the funding of terror groups can now be drained of all funds following a ruling by an Israeli court.

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US Senate banking chair floats possibility of banning crypto

December 19, 2022 by

Despite suggesting a possible ban, U.S. Senator Sherrod Brown stated it would be “very difficult” to do so because activity “would go offshore.”

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350 new ‘scam tokens’ were created every day this year: Solidus Labs

December 19, 2022 by

From September 2020 to Dec. 1 over 200,000 scam tokens were created with well over half of those deployed this year.

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The Federal Reserve’s pursuit of a ‘reverse wealth effect’ is undermining crypto

December 19, 2022 by

The Federal Reserve is seeking to push investors into reevaluating their portfolios by injecting chaos into markets.

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