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FTX’s Failure Highlights Need for Federally Mandated Insurance, Not More Regulation

January 17, 2023 by

There is extensive precedent for requiring companies providing critical infrastructure to get special insurance. Why not require crypto companies to back themselves with a market-based solution, say the founders of Evertas, a crypto insurance provider?

Categories CoinDesk, Crypto Leave a comment

FTX: it took ‘Herculean investigative effort’ to identify $5.5B in liquid assets

January 17, 2023 by

Debtors said they had identified $1.7 billion in cash, $3.5 billion in crypto assets and $0.3 billion in securities following FTX filing for Chapter 11 bankruptcy.

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WEF publishes new in-depth guide to DAOs to air issues, encourage development

January 17, 2023 by

The World Economic Forum’s “Decentralized Autonomous Organization Toolkit” is the fruit of the labor of over 100 experts in a concise discussion format.

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Latin American Web3 Infrastructure Provider Parfin Raises $15M

January 17, 2023 by

The funding round was led by crypto investment firm Framework Venture and included L4 Venture Builder, a corporate venture capital fund backed by the Brazilian stock exchange B3.

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WEF panel discusses the coming tokenized economy

January 17, 2023 by

The panel included the CEO of Circle, Finland’s minister of transport and communications, and other industry personalities.

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Bitcoin price strength intensifies as risk-loving traders bring volume back to the crypto market

January 17, 2023 by

An increase in Bitcoin trading volume and positive on-chain data appear to be the primary forces behind BTC’s newfound strength.

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FTX Debtors Give Details on Digital Assets Identified So Far

January 17, 2023 by

The group has identified $1.6 billion of digital assets associated with FTX.com and $181 million connected to FTX US.

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SEC leaked crypto miners’ personal information during investigation: Report

January 17, 2023 by

The financial regulator reportedly unintentionally included 650 names and email addresses in communications with blockchain firm Green as part of an investigation.

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Can Barry Silbert Delay the Inevitable?

January 17, 2023 by

Post Content

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Bitcoin holds $20K while flirting with a neutral futures premium for the first time in 6 months

January 17, 2023 by

Global and U.S. economic data and a few BTC derivatives-related metrics could determine whether Bitcoin retests the $20,000 level in the short-term.

Categories CoinTelegraph, Crypto Leave a comment

Ukraine Deputy Prime Minister: I’ll Take Salary in CBDC

January 17, 2023 by

Mikhail Fedorov says he wants to make his war-torn country the leading jurisdiction in the world for virtual currency after a successful fundraising campaign.

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Bitcoin on-chain and technical data begin to suggest that the BTC price bottom is in

January 17, 2023 by

BTC’s uncanny resemblance with the last two market cycles raises the possibility that the bottom could be in, but full confirmation is dependent on on-chain data.

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CBDCs Are the Future of Money, IBM Exec Says

January 17, 2023 by

Live from the World Economic Forum in Davos, Switzerland, IBM executive partner Shyam Nagarajan discusses why a hybrid model could drive widespread adoption of central bank digital currencies.

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Price analysis 1/17: SPX, DXY, BTC, ETH, BNB, XRP, DOGE, ADA, MATIC, DOT

January 17, 2023 by

Bitcoin’s chart shows a tug-of-war between bulls and bears, and this is having a slight impact on the upward price action of most altcoins.

Categories CoinTelegraph, Crypto Leave a comment

Crypto Marketing Needs to Change. Let’s Make 2023 the Year for Influencer Accountability

January 17, 2023 by

FTX was just like the ill-fated Fyre Festival: a hollow project fueled by mendacious influencer marketing, says Oxygen’s Nemo Yang.

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Is this a bull run or a bull trap? Watch The Market Report live

January 17, 2023 by

On this week’s episode of The Market Report, Cointelegraph’s resident experts discuss whether the recent price rally is a bull run or a bull trap.

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Crypto Developers Grew in Numbers Amid Bear Market, VC Firm Electric Capital Says

January 17, 2023 by

Developers are mainly focusing on alternative ecosystems to Bitcoin and Ethereum, helping them grow faster, the VC firm said in a report.

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Polygon Completes Hard Fork to Reduce Gas-Fee Spikes, Disruptive Reorgs

January 17, 2023 by

The software upgrade to the Ethereum scaling project went live on Tuesday and included two proposals from December that Polygon validator teams voted to approve.

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‘To the moon’ or ‘total crash’? Bitcoin price hits new 4-month highs

January 17, 2023 by

BTC price action is still splitting consensus regarding whether Bitcoin will continue higher — what do you think?

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South Korea Launches Metaverse Replica of Seoul

January 17, 2023 by

As part of a three-year effort to expand its public services, Metaverse Seoul will allow users to take their avatars to tax offices, access youth counseling and read e-books.

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Solana Foundation, Ripple, GBBC and Others Form Partnership to Promote Crypto Solutions for Climate Change

January 17, 2023 by

The crypto-climate coalition is trying to come up with interoperability principles and business cases.

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Ethereum Startup Obol Labs Raises $12.5M to Decentralize Validators

January 17, 2023 by

Co-led by Pantera and Archetype, the funding round is targeted towards building out decentralized validator technology (DVT) on Ethereum.

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Congress’ FTX Problem: 1 in 3 Members Got Cash From Crypto Exchange’s Bosses

January 17, 2023 by

More than one in three of the 535 senators and representatives in the U.S. Congress showed up to the new session with FTX baggage, having received campaign support from former CEO Sam Bankman-Fried or one of the senior executives of the fraud-ridden crypto giant.

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Crypto Lender Nexo Sues Cayman Island’s Regulator for VASP Registration

January 17, 2023 by

Nexo has sued the Cayman Islands Monetary Authority to overturn its rejection of Nexo’s application to register as a virtual asset services provider.

Categories CoinDesk, Crypto Leave a comment

Masa Finance launches soulbound Web3 identity protocol for Ethereum

January 17, 2023 by

According to the developers, the soulbound credit score system uses over 10,000 data points to determine a Web3 user’s creditworthiness.

Categories CoinTelegraph, Crypto Leave a comment

10 practices crypto can borrow from TradFi to better protect customers

January 17, 2023 by

The crypto industry would be wise to learn from and adopt the proven principles and processes TradFi relies on to protect consumers.

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Africa Web3 games publisher Carry1st raises $27M

January 17, 2023 by

VC firms Bitkraft Ventures and Andreessen Horowitz participated in the funding round, which aims to advance Web3 gaming in Africa.

Categories CoinTelegraph, Crypto Leave a comment

Hong-Kong investment fund raises $500M to push mass adoption in Web3

January 17, 2023 by

The global asset manager HashKey Capital closed the funding round for its FinTech Investment Fund III, with which it plans to invest in startups and projects in the space perpetuating mass adoption.

Categories CoinTelegraph, Crypto Leave a comment

Polygon enlists Xternity to migrate multiplayer Web3 game from Solana

January 17, 2023 by

To help transfer Synergy Land’s resources onto the EVM chain, Xternity proposed a process — via its network migration tool — that can be used to migrate games or projects across chains.

Categories CoinTelegraph, Crypto Leave a comment

HashKey Capital Raises $500M for Third Crypto Fund

January 17, 2023 by

The firm will back blockchain projects that could achieve mass adoption.

Categories CoinDesk, Crypto Leave a comment
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