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January 2023

Crypto Community on High Alert as Bitcoin Core Developer Loses Over 200 BTC In Hack

Crypto Community on High Alert as Bitcoin Core Developer Loses Over 200 BTC In Hack

Leave a Comment / Cryptocurrency /

Luke Dashrj, a long-time Bitcoin Core developer, claims to have lost more than 200 BTC (approximately $3.34 million) this weekend after his wallet keys were compromised. On Monday, January 1st, the developer tweeted about the incident, saying: “My PGP key has been compromised, and at least a portion of my bitcoins have been stolen. I […]

Crypto Community on High Alert as Bitcoin Core Developer Loses Over 200 BTC In Hack Read More »

Solana Is Losing Its Touch with NFTs As Major Projects Announce Departure

Solana Is Losing Its Touch with NFTs As Major Projects Announce Departure

Leave a Comment / NFTs /

Solana loses its top two NFT projects to competing networks while roots and DeGods plan their departure.  The two NFT projects saw a jump in sales following the announcement, indicating an alarming trend for Solana.  Polygon and Ethereum take belated profits before the end of the year after news that yOOts and DeGods will move

Solana Is Losing Its Touch with NFTs As Major Projects Announce Departure Read More »

The prevailing crypto winter wipes out over 70,000 Bitcoin millionaires during the entire 2022

The prevailing crypto winter wipes out over 70,000 Bitcoin millionaires during the entire 2022

Leave a Comment / Cryptocurrency /

The rise of Bitcoin (BTC) and other cryptocurrencies in recent years has created a new class of wealthy individuals, many of whom have made their fortunes from early market purchases and adopting “HODLing” strategies. However, over the past year, the market has experienced a severe downturn, with Bitcoin’s value falling significantly, wreaking havoc on the

The prevailing crypto winter wipes out over 70,000 Bitcoin millionaires during the entire 2022 Read More »

Kia’s First NFTs Have Covered Adoption Costs for 22,000 Pets in Shelters

Kia’s First NFTs Have Covered Adoption Costs for 22,000 Pets in Shelters

Leave a Comment / NFTs /

In the latest case of a for-profit company turning to NFTs for charitable causes, Kia’s US unit coined its first digital collectibles earlier this year to raise funds for a US nonprofit dedicated to relieving overcrowded people. Animal shelters are used. The results are already in. The car company raised $100,000 for the nonprofit The

Kia’s First NFTs Have Covered Adoption Costs for 22,000 Pets in Shelters Read More »

Is Now the Time to Buy Metaverse Tokens? MANA and SAND Generate Bullish Signals

Is Now the Time to Buy Metaverse Tokens? MANA and SAND Generate Bullish Signals

Leave a Comment / Metaverse /

MANA follows a descending resistance line.  SAND broke out of a descending resistance line. Both have created a bullish divergence. Decentraland’s price has fallen below a descending resistance line since December. The downside led to a price low of $0.284 on Dec 30. MANA’s price has been increasing since then but has failed to break

Is Now the Time to Buy Metaverse Tokens? MANA and SAND Generate Bullish Signals Read More »

Bitcoin Mining Used More Electricity Than Sweden in 2022, Says Report

Bitcoin Mining Used More Electricity Than Sweden in 2022, Says Report

Leave a Comment / Bitcoin News /

According to a recent report, Bitcoin’s energy consumption over the past year is said to have surpassed Sweden’s. According to the report, the 90 million tons of CO2 emissions wiped out any net gains from electric vehicles.  Meanwhile, renewable approaches to mining are winning in the energy mix ratio. Throughout 2022, global bitcoin mining spent

Bitcoin Mining Used More Electricity Than Sweden in 2022, Says Report Read More »

Sam Bankman-Fried Denies Transferring Suspicious Funds Tied to Alameda

Sam Bankman-Fried Denies Transferring Suspicious Funds Tied to Alameda

Leave a Comment / News /

Even though he’s under house arrest and police surveillance, Sam Bankman-Fried can still make headlines. For example, he is suspected of moving funds from one of his now-defunct companies. The founder and former CEO of FTX, Sam Bankman-Fried, took to social media this week to deny involvement in a series of bizarre wallet transfers and

Sam Bankman-Fried Denies Transferring Suspicious Funds Tied to Alameda Read More »

In 2022, These Crypto Skeptics Turned Out To Be Right

In 2022, These Crypto Skeptics Turned Out To Be Right

Leave a Comment / Cryptocurrency /

Year-old crypto forecasts from industry bulls didn’t fare well in 2022, but a few sceptical voices can find solace in a healthy dose of payback. These critics have their day in the sun, from predicting fraud to predicting insolvency.  Kevin Zhou, founder of crypto hedge fund Galois Capital and a long-time sceptic of Terraform Labs’

In 2022, These Crypto Skeptics Turned Out To Be Right Read More »

Hong Kong brokers line up for SFC approval ahead of new virtual asset trading legislation

Hong Kong brokers line up for SFC approval ahead of new virtual asset trading legislation

Leave a Comment / News /

According to local reports, financial service providers in Hong Kong are already taking the first steps to serve retail investors. Brokers and fund managers in the region have reportedly taken advice on licensing requirements ahead of the new legislation. Hong Kong lawmakers passed an amendment to the Anti-Money Laundering and Terrorist Financing Ordinance (AMLO) in

Hong Kong brokers line up for SFC approval ahead of new virtual asset trading legislation Read More »

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