Yuga Labs’ Sewer Pass NFT Collection Nets Over $6M in Sales in Just Hours
The latest NFT mint by Bored Ape Yacht Club parent company Yuga Labs grants holders access to a skill-based game called Dookey Dash.
Crypto
SHIB Is a Favorite Holding Among New Crypto Wallets, Nansen Shows
The meme coin is the most popular non-stablecoin asset for newly funded wallets.
Circle, Uniswap Research Says DeFi Can Solve $2 Trillion 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.
World Leaders Warmed to Blockchain at Davos This Year, Despite Crypto Winter
Crypto advertising has dropped at Davos in 2023, but discussions and panels from industry leaders are in full swing.
Crypto Markets Today: Bitcoin Falls Below $21K; Genesis Nears Bankruptcy Filing; Bitzlato Founder Arrested
Bitcoin fell 2% to trade at the $20,700 level, while ether was trading down 3% to the $1,530 level. Equities closed down.
SBF says Sullivan & Cromwell contradicted itself with insolvency claims
The former FTX CEO says the exchange’s new attorneys are not taking into account customer bank balances
Digital Dollar Project urges US to take action on CBDC development
The foundation set up by “Crypto Dad” Christopher Giancarlo released a new version of its CBDC white paper with new warnings about maintaining U.S. leadership.
FTX profited from Sam Bankman-Fried’s inflated coins: Report
Former FTX CEO allegedly used his popularity to lure developers, and Alameda Research to inflate the price of certain coins.
Media startup says it will buy back $10 million SBF stake: Report
The company had disclosed the investment on Dec. 2, but had previously not committed to returning the funds.
Crypto Technology’s Impact Goes Beyond Crypto Technology
Token-based fundraising can help more than underserved markets, projects and entrepreneurs, says CoinDesk columnist Noelle Acheson. It can also help other new technologies evolve.
Davos Day 3 Shows Conflicting Visions for the Metaverse, CBDCs
Whether it’s trading state-backed virtual currencies or jumping between virtual worlds, common standards for digital economies are still hotly contested in global forums.
Bitzlato kept a low profile, but did not go entirely unnoticed before DOJ action
The Hong Kong crypto exchange with strong ties to Russia was a blip on Chainalysis’ radar last year; its takedown was seen as anticlimactic by many in the crypto community.
MakerDAO Favors Holding GUSD Stablecoin as Part of Reserve in Early Voting
MakerDAO voters so far favor keeping the $500 million Gemini USD stablecoin ceiling in Maker’s PSM reserve over decreasing its role or phasing it out.
Crypto Lawyers Share Blame for FTX, Other Disasters, CFTC Commissioner Says
Lawyers, accountants and other financial professionals should have stepped in to halt the fatal mistakes going on inside crypto firms such as FTX long before they imploded, said Christy Goldsmith Romero, a commissioner with the U.S. Commodity Futures Trading Commission (CFTC).
Lido’s Total Value Locked Spiked 33% In Past Month, Becoming Largest DeFi Protocol by TVL, Says DeFiLlama
Users have deposited $7.8 billion into Lido to reap rewards for the protocol’s community-led validator staking service, heating up the liquid staking derivatives space.
Ethereum price rally under question after ETH slams into resistance at $1.6K
ETH price continues to encounter resistance at the $1,600 level, a potential sign that the current rally lacks sustainable momentum.
Logan Paul unveils CryptoZoo recovery plan: Nifty Newsletter, Jan 11–17
Professionals working within the NFT space spoke about the NFT gaming trends to watch out for in 2023.
Skybridge Capital Founder: The Time to Invest in Crypto Is Now
Anthony Scaramucci says crypto is closer to a bottom and long term investors should be looking at the markets with a three to five year perspective in mind.
Spain’s central bank approves euro-linked token pilot as part of sandbox initiative: Report
To use the tokens, users will need to verify their identity through phone and video identification, and load their wallet with real euros.
Price analysis 1/18: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, DOT, LTC, AVAX
Positive U.S. economic data initially propped up crypto and stock markets, but it appears that bulls lack the might to keep the rally rolling.
Genesis is planning to file for bankruptcy: Report
Another one bites the dust? A report suggested the initial bankruptcy filing from Genesis could come before February.
Crypto Brokerage Genesis Global Capital May Be Nearing Bankruptcy Filing: Reports
Genesis had previously halted customer withdrawals following FTX’s epic collapse.
Binance registers as virtual assets service provider in Poland
In compliance with new regulatory requirements, Polish users will have to sign new terms and conditions with Binance Poland, in order to continue using the company’s services.
Binance CEO Changpeng Zhao Says Many Crypto Players ‘Get Distracted’ By Money
The founder of the world’s largest crypto exchange said it’s important to focus on the product and users.
Bitcoin and Ethereum correct as Bitzlato take down, tech layoffs and economic worries dominate headlines
U.S. regulators’ announcement of enforcement action against Bitzlato, a softening stock market and a fresh wave of layoffs in big tech companies resulted in an abrupt correction in the crypto market.
Rarible adds marketplace builder for Polygon-based NFT collections
Rarible CEO Alexei Falin argued that community marketplaces would become the future of NFT buying and selling.
Rarible Expands NFT Marketplace Builder to Polygon-Based Collections
The popular NFT marketplace has introduced a tool that helps creators build their own collection-based storefronts for free.
US Shuts Down Bitzlato Crypto Exchange, Arrests Founder
Justice Department ////TK///, calling it a “major” international action.
FTX fallout: SBF trial could set precedent for the crypto industry
The FTX saga is set to enter its next phase in October with the start of SBF’s trial. However, industry experts are concerned that prosecutors could use him to set an example.