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” Bitcoin is the king of crypto brand awareness for Aussies: Report “ Bitcoin (BTC) has topped the crypto charts in a survey from down under. According to 2,000 Australians surveyed by the Independent Reserve Cryptocurrency Index (IRCI), Bitcoin is number one for brand recognition, ownership and overall sentiment. Bitcoin with the most brand awareness,…
” 10,000 BTC moves off crypto wallet linked to Mt. Gox hack “ A crypto wallet belonging to the shutdown crypto exchange BTC-e has just moved 10,000 Bitcoin (BTC), currently worth over $165 million, to various exchanges, personal wallets, and other sources on Nov. 23. A Nov. 23 Chainalysis report suggested while this withdrawal is…
” Crypto has survived worse than the fall of FTX: Chainalysis “ Blockchain analysis firm Chainalysis has compared the fall of Mt. Gox to FTX to determine how FTX’s bankruptcy will impact the ecosystem. It concluded that FTX was a relatively smaller part of the crypto industry than Mt. Gox was at the time and…
” Core Scientific in ‘substantial doubt’ of continuing without more cash “ Bitcoin (BTC) miner Core Scientific has warned of “substantial doubt” they will be able to continue operations over the next 12 months given financial uncertainty. In its quarterly report filed with the United States Securities and Exchange Commission (SEC) on Nov. 22, the…
” FTX crisis leads to record inflows into short-investment products “ Institutional investors have responded to the negative sentiment caused by FTX’s collapse, with record institutional inflows into crypto-focused short-investment products. According to CoinShares’ chief strategy officer James Butterfill, 75% of the total inflows by institutional crypto investors for the week ending Nov. 18 were…
” Apple job listings and patents hint at foray into ‘3D mixed-reality world’ “ Technology giant Apple appears to be working towards the development of a metaverse-sounding “3D mixed-reality world,” according to related patent filings and recent job postings. Since Nov. 1, over 30 jobs have been listed on Apple’s careers page related to augmented…
” Crypto no more in top 10 most-cited potential risks: US central bank report “ While proponents of traditional finance remain keen on dismissing Bitcoin (BTC) and the crypto ecosystem as financial risks, a survey conducted by the Federal Reserve Bank of New York — one of the 12 federal reserve banks of the United…
” NFTs still in ‘great demand’ as unique traders rise 18% in Oct: DappRadar “ October may have seen a decline in nonfungible token (NFT) trading volume and sales, but analytics firm DappRadar says an 18% growth in monthly unique NFT traders shows the market is still in “great demand.” According to a Nov. 3…
” Coinbase transaction revenues plummet 44% as users activity declines in Q3 “ Crypto exchange Coinbase saw a huge fall in its transaction revenues in the third quarter after activity fell amid a broader market downturn, but managed to cut its losses in half compared to the prior quarter. In its shareholder letter released Nov….
” Web3 sees 15 new scam smart contracts an hour: Solidus Labs “ The Web3 and cryptocurrency space is seeing a significant amount of smart contract scams proliferating, with blockchain risk monitoring firm Solidus Labs saying it has detected on average 15 newly deployed scams every hour. Solidus Labs said on Oct. 27 that it…