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” BTC forming bottom akin to 2018 with one key difference: Bloomberg analyst “ Mike McGlone, Bloomberg’s senior commodity strategist believes Bitcoin (BTC) could be developing a “bottom” in the same way it did prior to 2019’s bull run but said there is a major difference this time around. During a Jan. 16 interview with…
” DeFi, DAOs and NFTs: Crypto is redefining how charities raise funds “ Non-fungible tokens (NFTs), decentralized autonomous organizations (DAOs), and decentralized finance (DeFi) are redefining how charities raise donations and distribute funds to those most in need. Through ever-evolving crypto and blockchain-related technology, crypto philanthropists told Cointelegraph that they’ve witnessed “new wealth distribution mechanisms” never seen…
” Alameda wallet under liquidator control incurred $11.5M in losses: Arkham “ The liquidators of Alameda Research have reportedly incurred at least $11.5 million in losses since taking control of Alameda’s trading accounts. On Jan. 16, a Twitter thread from Arkham Intelligence reported that one wallet under the control of liquidators has seen a string…
” CoinFLEX clarifies position on possible new 3AC project amid backlash “ Amid mounting criticism on social media, crypto investment firm CoinFLEX has attempted to clarify its plans to build a new crypto exchange with Three Arrows Capital (3AC). A leaked pitch deck on Jan. 16 revealed it was collaborating with the now-bankrupt hedge fund…
” How crypto tokens (not Bitcoin) will outperform stocks in 2023, Arca’s CIO explains “ Digital assets will largely decouple from traditional equity markets in 2023, says Chief Investment Officer at Arca, Jeff Dorman. Discussing his outlook for 2023 in a recent interview with Cointelegraph, Dorman argues that as the global economy enters a recession…
” Seoul government opens city’s metaverse project to public “ The Seoul Metropolitan Government has launched its Metaverse Seoul project, allowing residents of the South Korean capital city to access city services in a virtual environment. In a Jan. 16 press briefing, Seoul Mayor Oh Se-hoon announced the launch of the first phase of Metaverse…
” 3AC, Coinflex founders collaborating to raise $25M for new claims trading exchange “ Founders of collapsed crypto hedge fund Three Arrows Capital Su Zhu and Kyle Davies are reportedly trying to raise money for a new cryptocurrency exchange in partnership with Coinflex cofounders Mark Lamb and Sudhu Arumugam. According to a pitch deck, they…
” Binance to let institutions store crypto with cold custody “ Amid the centralized cryptocurrency exchanges (CEX) crisis, crypto exchange Binance is moving to improve its institutional trading services with cold-custody opportunities. On Jan. 16, Binance announced the official launch of Binance Mirror, an off-exchange settlement solution that enables institutional investors to invest and trade using cold custody….
” CBDCs not worth the costs and risks, says former BoE advisor “ Central banks worldwide are pushing forward with digital asset projects despite the various crypto industry implosions of the past 12 months. China has rolled out its central bank digital currency (CBDC) to several cities and made it available for use at the Winter…
” Monex wants to buy FTX Japan amid bankruptcy proceedings: Report “ FTX Japan, one of the four FTX assets put on sale, caught the eye of Monex Group, an online brokerage firm based in Tokyo. In an interview with mainstream media outlet Bloomberg, Monex CEO Oki Matsumoto said that they are interested and expressed that…