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Bitcoin, Ethereum Prices Fall as Market Braces for More Fed Rate Hikes
BTC and ETH followed U.S. stocks today for losses of 5% and 6% on the day, respectively.
Ordinals Launches NFTs on Bitcoin, Unsurprisingly Sparking Controversy
Digital assets on the Bitcoin blockchain are a perennial goal, but some of Bitcoin’s biggest backers don’t like the idea.
Dogecoin Fans Still Hopeful After Elon Musk's Twitter Payments Update
Dogecoin saw modest gains after a report suggesting that Twitter’s payments product could support crypto.
This Week on Crypto Twitter: Binance Faces More Insider Trading Allegations
Also, El Salvador’s Bitcoin-loving head of state Nayib Bukele wants the world to know that his country is still solvent.
This Week in Coins: Ethereum Drops as Aptos, Axie, Avalanche See Big Gains
The crypto market's green streak to start the year ended on Friday as Bitcoin and Ethereum lost steam—but other names saw green.
FTX Execs Maxed Out Donations to Rep. George Santos
FEC filings have revealed that the New York congressman, under fire for a plethora of lies and misrepresentations, was a favored candidate among FTX’s leadership.
SEC Chair Gary Gensler Says There Are Three Ways to Tell If a Crypto Project Is a Scam
“If something looks too good to be true, sometimes they really are,” Gensler said during a Twitter Spaces hosted by the U.S. Army.
Polygon Soars 8% Ahead of zkEVM Network Update
Investors are pouring into MATIC ahead of a new update that could improve Polygon’s ability to scale and integrate with Ethereum.
Celsius Hints at New Token Launch as Part of Restructuring Plan: Report
Insolvent crypto lender Celsius is reportedly mulling the launch of a new digital token as part of a plan to compensate its creditors.
Actor and Filmmaker David Bianchi Previews His Web3 Series ‘RZR’
With solid backing, the veteran actor aims to take audiences on a wild, crypto-fueled ride.
Genesis Lawyer Has 'Some Measure of Confidence' in Creditor Resolution This Week
A lawyer for the now-bankrupt Genesis said the crypto broker’s disputes with creditors can be resolved as early as this week.
gm: Farokh and the Rug Radio Roadmap
Meet Mr. NFT: @Farokh (https://vk.com/id203523581), who preaches daily to hundreds of thousands of NFT faithful, and is trying to building Rug Radio into a fully formed Web3 media company. Dan Roberts and Kate Irwin from the gm podcast talk to Farokh about Rug DAO and all things NFT culture. Watch and make sure to subscribe to the gm podcast on Apple or Spotify.
Solo Bitcoin Miner Solves Block With Hash Rate of Just 10 TH/s, Beating Extremely Unlikely Odds
Even though big pools have become the dominant winners in Bitcoin mining, solo miners are occasional reminders of Bitcoin's probabilistic design.
CBDCs Could 'Revolutionize Global Financial Systems': Report
A Bank of America analysis heralds “the most significant technological advancement in the history of money.”
This Week on Crypto Twitter: SBF Pleads Innocence Via Excel, Twitter Reacts with Memes
The sudden fall of a small Chinese exchange called Bitzlato also inspired plenty of memes this week.
Defunct Crypto Lender BlockFi Granted Approval to Sell Assets
Suitors for BlockFi’s distressed assets have until February 20 to make their bids following fresh approval from the bankruptcy court.
FTX Seeks to Dismiss Turkish Entities From Bankruptcy Case
FTX believes that continuing bankruptcy proceedings with Turkish entities involved will only result “in a waste of scarce resources.”
Smart Stake Joins List of Secret Network Validators Shuttering Operations
Yet another Secret Network validator will move to shut down its nodes following the project’s governance conflict and a recent node update.
Secret Foundation Faces Calls for More Transparency, Return of Funds
Founder and CEO Tor Bair rejects accusations of mishandling funds and a drastic reform plan.
gm: Week in Review: Tech Layoffs, Porsche NFTs, Ted Cruz
In our January 28, 2023 week in review episode, Dan Roberts, Matthew Diemer, and Kate Irwin talk about more layoffs in crypto and broader tech (including how Google botched its layoffs), the NFT market rebound and Porsche’s NFT drop (fail or surprise success?), Sam Bankman-Fried’s latest claims about FTX US and the surprising list of big companies on the FTX creditor list, and Ted Cruz’s weird effort to get DC vendors to accept Bitcoin. Watch and make sure to subscribe to the gm podcast on Apple or Spotify.
White House Blames Congress for Failure to Enact Crypto Regulations
Four senior Biden officials penned a note Friday urging lawmakers to hasten their efforts to create a regulatory framework for crypto.
Critical Hit? Dungeons & Dragons-Inspired Web3 Game Pivots Amid NFT Ban
The Glimmering creator Gripnr is ditching the official Open Game License as D&D publisher Wizards of the Coast rejects Web3.
Moody’s Mulls Stablecoin Scores as Regulators Circle: Report
The credit rating agency is reportedly turning its attention to stablecoins, developing a scoring system for up to 20 cryptocurrencies.
Nifty Gateway Co-Founders Step Down as Cock Foster Twins Seek to Start New Company
The Cockfoster twins’ decision comes after launching the NFT marketplace five years ago.
BlockFi Mistakenly Reveals $1.2B Exposure to FTX, Alameda Research
Unredacted financials revealed that crypto lender BlockFi’s exposure to both FTX and Alameda was much larger than the firm first reported.
Dogecoin, Cardano Lead Crypto Dip as Market Sheds $27B Overnight
Despite the hefty losses across the board, cryptocurrencies like Dogecoin and Cardano have enjoyed a heady start to the new year.
Index Coop Launches New Staked Ethereum Index for the LSD-Curious
Tokens from Ethereum staking protocols, like Lido Finance, are all the rage. Now, Index Coop is launching a new index for curious investors.
Axie Infinity Soars 22% Amid AXS Token Unlock
Amid the AXS token unlock, Axie Infinity has experienced a hefty amount of volatility, rising double-digits, then dipping.
The US Government Wants You To Know It's Cracking Down on Crypto
Bitzlato? Laugh if you want, but the US government post-FTX is eager to demonstrate that it's tough on crypto crime.
$4.6 Billion in Ethereum Up in Flames Since EIP-1559
NFT and DeFi on the Ethereum network, in particular via OpenSea and Uniswap, are fueling the fire of ETH burning.