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Bitcoin bulls lie in wait as US dollar strength hits 5-month lows

December 2, 2022 by

BTC price performance gains some positive tailwinds, but Bitcoin faces a potential top for U.S. stocks.

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How smart contracts can improve efficiency in healthcare

December 2, 2022 by

From insurance to telehealth, smart contracts are finding use cases across the healthcare industry.

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Animoca creates billion-dollar metaverse fund for developers

December 2, 2022 by

The company’s co-founder announced that the fund is still in the works but plans to provide billions to startups with a metaverse focus.

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Trader allegedly saw over 5000x gains after Ankr protocol hack

December 2, 2022 by

Ankr protocol announced that it will be reissuing aBNBc tokens, promising that it will assess the situation and compensate affected users.

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ApeCoin risks 30% crash after APE staking debut in December

December 2, 2022 by

ApeCoin price has rallied 50% in the last three weeks but a sell-the-news event risks wiping out those gains.

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Thai VC fund acquires troubled exchange Zipmex for $100M: Report

December 2, 2022 by

Zipmex reportedly plans to use crypto assets received from the acquisition to unlock frozen customer accounts on the platform by April 2023.

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Bitcoin miner outflow ratio hits 6-month high in new threat to BTC price

December 2, 2022 by

Bitcoin miners are upping sales, but BTC price metrics hint that a relief rally could be next.

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Ukraine collabs with international consultants to update crypto framework

December 2, 2022 by

The Advisory Council on the Regulation of Virtual Assets held its first meeting, dedicated to adjusting the National Tax Code to the crypto market.

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New Cardano algorithmic stablecoin evokes old fears for the community

December 2, 2022 by

“I thought we already figured this out, algorithmic stablecoins, not the best option,” a community member wrote on Twitter.

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Crypto miners in Russia capitalize on the bear market by hoarding ASIC devices

December 2, 2022 by

Miners in Russia have likely been increasingly buying crypto ASICs due to reduced prices of mining devices as well as low-cost energy.

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Firefox dev Mozilla goes all-in on metaverse, acquires Active Replica

December 2, 2022 by

The legacy web developer and internet browser Mozilla announced its acquisition of Active Replica as part of its Hubs creator ecosystem to enhance digital experiences.

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Hong Kong working on investor protection regulations, says central bank exec

December 2, 2022 by

Hong Kong central bank executive looked optimistic about the future of decentralized tech, while the Korean central bank governor has his doubts in the wake of the recent crypto contagion.

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Magic Eden follows OpenSea with NFT royalty enforcement tool

December 2, 2022 by

The open-source Open Creator Protocol of the NFT marketplace will enforce NFT creator royalties for new collections that opt-in to the tool.

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Front-running scams rampant on YouTube with 500% surge in 2022: CertiK

December 2, 2022 by

The scam lures victims to download fake front-running bot software that swipes their assets once they try to initiate a transaction.

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U.S. Trustee: FTX was the ‘fastest’ corporate failure in American history, calls for probe

December 2, 2022 by

The Department of Justice’s U.S. Trustee overseeing FTX’s bankruptcy case has moved for the court to appoint an independent examiner.

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Mike Novogratz: Bankman-Fried is ‘delusional’ and headed to jail

December 2, 2022 by

The Galaxy Digital CEO alleges Sam Bankman-Fried and his cohorts perpetuated fraud and suggested they should be in jail.

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Breaking: Ankr confirms exploit, asks for immediate trading halt

December 2, 2022 by

The decentralized-finance protocol said it is already working with exchanges to immediately halt trading of aBNBc.

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This AI chatbot is either an exploiter’s dream or their nightmare

December 2, 2022 by

The crypto community has come across an AI-powered chatbot that can be used to audit smart contracts and expose vulnerabilities.

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Trader Joe takes its first step into the Ethereum ecosystem

December 2, 2022 by

Despite the new multi-chain vision, the Trader Joe team confirmed that its “true home” and “top priority for all growth efforts” will continue to be on Avalanche.

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New York proposes to charge crypto companies for regulating them

December 2, 2022 by

The proposal is led by DFS Superintendent Adrienne Harris who is looking for public feedback on the move as the regulator looks to gain further oversight controls.

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FTX Japan drafts plan to return client funds

December 2, 2022 by

The Japanese subsidiary one of 134 companies been caught up in FTX’s bankruptcy proceedings but has been drafting a plan to return client funds.

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US Senate committee hearing on FTX fail brings gaps in regulatory authority to light

December 1, 2022 by

CFTC chair Rostin Behnam appeared before a Senate Agriculture Committee to talk about how FTX happened and how it could have been prevented.

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P2P Financial Systems panel: Crypto core values and transparency are critical for DeFi

December 1, 2022 by

Cointelegraph’s editor-in-chief Kristina Cornèr moderated a panel discussion on DeFi’s future among market dynamics, cyberattacks and regulatory uncertainty.

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Clearing company tests out securities transaction settlements on blockchain networks

December 1, 2022 by

The Digital Dollar Project and the Depository Trust & Clearing Corporation trialed a potential settlement system using tokenized securities and CBDC in real world conditions.

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Former FTX CEO Sam Bankman-Fried denies “improper use” of customer funds

December 1, 2022 by

According to the former CEO, at the time of filing for bankruptcy “FTX US was solvent.”

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NYDFS proposes regulation to assess costs of ‘supervision and examination’ for licensed crypto firms

December 1, 2022 by

Though some crypto firms operate in New York with a BitLicense, many including NYC Mayor Eric Adams have criticized the licensing regime as a difficult barrier to cross.

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Fantom wants to cut token burn rate by 75% to fund dApp rewards program

December 1, 2022 by

“Fantom will become the youtube/twitch of blockchain platforms,” commented ecosystem architect Andre Cronje.

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We could use crypto regulation after FTX — but let’s start with basic definitions

December 1, 2022 by

Congress should start by addressing what cryptocurrencies are securities and what are commodities.

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Bitcoin Depot says SPAC merger will continue as planned after solid revenue growth

December 1, 2022 by

The firm’s revenue increased by 25.25% to $497.2 million in the first nine months of 2022.

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Italy to impose 26% capital gains tax on crypto profits

December 1, 2022 by

The 26% capital gains tax will be imposed on cryptocurrency trading profits larger than 2000 euros ($2,062.3).

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