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A Large Crypto Market Maker Is Already Distancing Itself From New 3AC Venture

January 16, 2023 by

The co-founders of bankrupt 3AC think they can ‘dominate’ the crypto claims market, eventually ‘fill the power vaccum left by FTX’.

Categories CoinDesk, Crypto Leave a comment

How crypto tokens (not Bitcoin) will outperform stocks in 2023, Arca’s CIO explains

January 16, 2023 by

Some crypto tokens will perform better than stocks in 2023 as they become less sensitive to macroeconomic factors, according to CIO at Arca Jeff Dorman.

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Seoul government opens city’s metaverse project to public

January 16, 2023 by

According to Seoul Mayor Oh Se-hoon, the virtual environment will allow residents to access official documents, file complaints, and receive answers to questions on filing taxes.

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3AC, Coinflex founders collaborating to raise $25M for new claims trading exchange

January 16, 2023 by

According to the project’s pitch deck, the company intends to launch as soon as possible, and estimates the claims market to be worth around $20 billion.

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Bitcoin price breakout or bull trap? 5K Twitter users weigh in

January 16, 2023 by

BTC price may be riding monthly highs, but hardly anyone is sure that the good times are here to stay.

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Binance to let institutions store crypto with cold custody

January 16, 2023 by

The new Mirror service is based on Binance Custody, a regulated institutional digital asset custodian, by mirroring cold storage assets through a 1:1 collateral on Binance.

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CBDCs not worth the costs and risks, says former BoE advisor

January 16, 2023 by

Tony Yates, the former senior advisor of the Bank of England, argues that CBDCs are not worth the headache.

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First Mover Americas: Bitcoin Tops $21K, Outshines S&P 500, Gold

January 16, 2023 by

The latest price moves in bitcoin (BTC) and crypto markets in context for Jan. 16, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

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Monex wants to buy FTX Japan amid bankruptcy proceedings: Report

January 16, 2023 by

Monex CEO Oki Matsumoto said that it will be a “very good thing” for them if there will be less competition in the market.

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Bitcoin vs Ethereum: Community split between capped supply and deflationary model

January 16, 2023 by

Bitcoin proponents argued that Ether’s monetary policy has changed at least seven times while BTC has seen zero changes.

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Bitcoin could see $25K by March 2023 as U.S. dollar prints ‘death cross’ — analysis

January 16, 2023 by

Bitcoin’s price recovery in 2023 has witnessed minimal institutional buying, casting doubt on whether BTC will rally beyond $25,000.

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Binance Will Allow Institutional Investors to Keep Collateral Off the Exchange: Bloomberg

January 16, 2023 by

Institutional investors can post collateral off the grid with Binance Custody, the report said.

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DeFi Protocol Frontier Brings In-Browser Wallet Support for Aptos, Sui and 33 Additional Blockchains

January 16, 2023 by

The feature allows users to stake tokens, transfer NFTs and conduct transactions with an in-browser wallet application.

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North Korean Hacking Group Tied to $100M Harmony Hack Moves 41,000 Ether Over Weekend

January 16, 2023 by

Crypto exchange Huobi blocked funds tied to the hack on Monday morning.

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Bernstein Expects Crypto Revenue to Jump to Around $400B by 2033

January 16, 2023 by

The broker expects on-chain revenue to grow to about half of total cryptocurrency revenue from around 15% today.

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Iran and Russia want to issue new stablecoin backed by gold

January 16, 2023 by

The potential stablecoin aims to enable cross-border transactions instead of fiat currencies like U.S. dollar, the Russian ruble or the Iranian rial.

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Binance, Huobi team up to recover $2.5M from Harmony One hackers

January 16, 2023 by

In a recent tweet, on-chain crypto detective ZachXBT said that the hackers have been moving $64 million in the last weekend.

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Bithumb ordered to pay outage damages to investors by South Korean court

January 16, 2023 by

A ruling from local courts has Bithumb liable to pay just over $200,000 in damages to the 132 investors which filed against the cryptocurrency exchange.

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Shiba Inu Developers Reveal First Look of Layer 2 Blockchain Shibarium

January 16, 2023 by

Ecosystem tokens shiba inu, leash and bone will serve as the for the upcoming Ethereum-based blockchain.

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Options Flip to Show Stronger Bitcoin Into July

January 16, 2023 by

The long-term sentiment has turned bullish for the first time in 12 months.

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Shiba Inu devs to launch Shibarium L2 network beta

January 16, 2023 by

While the developers did not give an exact date for the release, the team reiterated that their answer to all questions relating to the time frame is “soon.”

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BTC price cancels FTX losses — 5 things to know in Bitcoin this week

January 16, 2023 by

The ghost of FTX haunts the crypto industry, but Bitcoin is attempting to leave it behind as BTC price gains endure.

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Cross-border crypto scammers on the hit list for EU agencies

January 16, 2023 by

Europol and Eurojust, two EU agencies for law enforcement cooperation, joined authorities from Bulgaria, Cyprus, Germany and Serbia to investigate online investment fraud since June 2022.

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Bitcoin Surge Causes Over $500M in Liquidations, Highest in 3 Months

January 16, 2023 by

Crypto markets regained the $1 trillion capitalization mark for the first time since November.

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Nifty News: Price drops on ‘Cryptohouse’ with NFT decor, mint your personality as an NFT and more

January 16, 2023 by

The owner of the crypto-themed home has dropped its price by over 20% in a matter of months as they seemingly struggle to sell the house as is.

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Twitter’s crypto price index feature expands to 30 tokens and counting

January 16, 2023 by

Twitter quietly expanded its new crypto price search feature with 30 more cryptocurrencies added to the service.

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Bitcoin steps out of ‘Fear’ for the first time in nine months

January 16, 2023 by

The Bitcoin Fear and Greed Index reached an index score of 52 over the weekend, marking the first time its hit neutral territory in three quarters.

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California cannabis producer adopts blockchain to track its weed

January 16, 2023 by

Clones will be certified with a smart contract on the blockchain to verify their authenticity and genetic lineage.

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Tanzania ‘cautious’ on CBDC adoption after initial research

January 16, 2023 by

The Bank of Tanzania is waiting for the conclusion of its research into CBDCs before making a final decision on adoption.

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Google Ads-delivered malware drains NFT influencer’s entire crypto wallet

January 16, 2023 by

A sponsored advertising link on Google hid malware that siphoned thousands of dollars worth of crypto and NFTs from an influencer’s wallet.

Categories CoinTelegraph, Crypto Leave a comment
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