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holographic technology with the inscription CBDC; good or bad checklist

CBDCs are coming. Here’s why you should worry

Governments are pushing central bank digital currencies to exert more control over macro policy, writes Josef Tětek of Trezor. But your money and privacy are also at stake.
Bitcoin and U.S. Cash. | Markets: Bitcoin falls under US$23,000 as Fed says inflation remains stubborn. Most top 10 crypto decline

Markets: Bitcoin falls under US$23,000 as Fed says inflation remains stubborn. Most top 10 crypto decline

Bitcoin slipped back below US$23,000 on Thursday morning in Asia, tracking the fall in U.S. equity markets overnight amid comments from Federal Reserve officials that the fight to curb inflation is far from over.
Alameda wallets activate, transfers millions in FTT tokens

Alameda wallets activate, transfer millions in FTT tokens 

Wallets linked to Alameda Research became active over the past week, transferring millions worth of FTX’s native token, FTT, according to Arkham Intelligence. 
Close up of metal shiny bitcoin crypto currency coins on US dollar bills.

Markets: Bitcoin, Ether extend gains; Polygon leads top 10 cryptos

Bitcoin and Ethereum extended gains on Wednesday afternoon in Asia along with all other top 10 non-stablecoin cryptocurrencies by market capitalization.
Binance makes Korea comeback with GOPAX acquisition

Binance makes Korea comeback with GOPAX acquisition

Top blockchain and crypto news: GOPAX deal sees Binance return to South Korea. Inflation fight spooks crypto markets. Chinese liquor giant gives cheers to NFTs.
GLEO on the website of Shucangbao | Beijing’s football club launches NFTs ahead of its virtual stadium launch | China, NFT - Non-fungible Token, Metaverse, sports

Beijing football club launches NFTs ahead of its virtual stadium launch

China’s Beijing Guoan Football Club has launched its first NFT collection, while building a virtual replica of its stadium.
Do Kwon and flags of South Korea and Serbia | South Korea prosecutors say Serbia ready to help fraud investigation into Terra’s Do Kwon | do kwon, south korea, stablekwon, terra luna

South Korea prosecutors say Serbia ready to help fraud investigation into Terra’s Do Kwon

Prosecutors flew to Serbia earlier this month as part of an investigation into Terraform Labs chief Do Kwon, who faces fraud accusations related to the US$40 billion collapse of his Terra-Luna cryptocurrency project in May last year.
China NFT

Beijing regulator warns about NFT speculation, illegal fundraising. Crackdown coming?

Beijing’s market regulator warned that projects marketed in the country as non-fungible tokens or with metaverse-related concepts risk being involved in illegal fundraising or fraudulent activities.
Bitcoins sitting on a pile of U.S. cash. | Markets: Bitcoin rises above US$23,000 as Fed says “disinflation” started. All top 10 tokens gain.

Markets: Bitcoin rises above US$23,000 as Fed says ‘disinflation’ started. All top 10 tokens gain

Bitcoin traded back above US$23,000 on Wednesday morning in Asia after U.S. Federal Reserve Chairman Jerome Powell overnight said the “disinflationary process” has started in the economy.
Digital Currency Group sells holdings in Grayscale at a discount to pay creditors: Financial Times

DCG to sell Grayscale holdings at a discount to pay creditors: report

Digital Currency Group has started to sell shares of its cryptocurrency funds at a significant discount, according to a Tuesday report from the Financial Times.
Gemini Falling stars

Gemini agrees to put US$100 mln to Earn asset recovery efforts

Gemini has agreed to put up US$100 million to the asset recovery of Earn users as part of bankrupt crypto lender Genesis Capital’s in-principle agreement with parent firm DCG and other creditors.
Gold bitcoin on hundred dollar bills

Markets: Bitcoin rises as Polygon gains most in top 10 cryptos

Bitcoin prices gained in Tuesday afternoon trading in Asia while Ethereum dropped with most other top 10 non-stablecoin cryptocurrencies by market capitalization.
Digitalization of a futuristic artificial intelligence. Colorful visualization of machine learning, computer technology concept.

JPMorgan report shows institutional trader interest shifting to AI from blockchain after crypto slump

Nearly three out of four institutional traders surveyed “have no plans to trade crypto,” while most see Artificial Intelligence as the next big disrupter.
BAYC. | Yuga Labs says it wins first Bored Ape trademark lawsuit against RR/BAYC project

Yuga Labs says it won first Bored Ape trademark lawsuit against RR/BAYC project

Yuga Labs, the company behind the leading non-fungible token (NFT) project, Bored Ape Yacht Club (BAYC), won a settlement on Monday in a trademark infringement lawsuit against Thomas Lehman, a collaborator in the controversial RR/BAYC project headed by artist Ryder Ripps.
Korean drama Crash Landing on You. Image: Studio Dragon

NFTs inspired by K-drama Crash Landing on You coming from Crypto.com, Studio Dragon

Singapore-based cryptocurrency exchange Crypto.com has partnered with Korean drama distributor Studio Dragon to issue NFTs inspired by popular Korean drama series, including the hit Crash Landing on You, the exchange said on Monday.
plants growing on a light bulb showing renewable energy sources concept and a globe with words "blockchain technology"

How regenerative finance can ease climate change and boost the bottom line

Renewable energy is plagued by financing difficulties, but blockchain technology can bridge the sector’s funding gaps, writes Brianna Welsh of Reneum.
Binance CEO Changpeng Zhao | Binance suspends international U.S. dollar transfers, CEO indicates issues with banks | binance, changpeng zhao, binance cz, cz

Binance suspends international U.S. dollar transfers, CEO indicates issues with banks

Binance, the world’s largest crypto exchange, will suspend all deposits and withdrawals of U.S. dollars at its international exchanges from Feb. 8.
Stack of gold Bitcoins on a red background. | Markets: Bitcoin, Ether fall with bearish U.S. equities, but Bitcoin long bets hit new high

Markets: Bitcoin, Ether fall with bearish U.S. equities, but Bitcoin long bets jump

Bitcoin and Ether dipped in Tuesday morning trading in Asia along with all other top 10 non-stablecoin cryptocurrencies as Wall Street fell overnight on concern the Fed may crank up interest rates for longer than expected.
bitcoin and piles of bitcoins

Markets: Bitcoin, Ether extend losses: Solana, Polygon biggest losers

Bitcoin and Ethereum prices dropped in afternoon trading on Monday in Asia, along with all other top 10 non-stablecoin cryptocurrencies by market capitalization. Bitcoin continued trading under US$23,000, while Solana and Polygon led losses. 
Wine bottle beneath words "NFT" | Chinese liquor giant Moutai unveils NFTs linked to liquor bottles | China, NFT-Non-fungible Token, tokenization

Chinese liquor giant Moutai unveils NFTs linked to liquor bottles

Moutai launched NFTs that gives owners to purchase limited edition liquor.
Juan Benet, chief executive officer of Protocol Labs. Image: Protocol Labs' Twitter account

Filecoin developer Protocol Labs cuts 21% staff amid ‘crypto winter’

Crypto layoffs last month matching 41% of the total industry job cuts in 2022, a new study finds.
Former FTX chief executive, Sam Bankman-Fried. | FTX threatens legal action to get back political, charity donations made by bankrupt company

Bankrupt FTX threatens legal action to claw back donations to politicians, charities

The move marks a shift in tone from December when recipients of FTX donations were requested to “voluntarily” return the funds.
financial technology and cryptocurrency abstract concepts

What is CeDeFi, and why it is the future of finance

CeDeFi offers the benefits of CeFi and DeFi without their shortcomings, writes Alexander Tkachenko of VNX. Here’s how it works.
people inside South Korean subway train in Seoul | South Korea issues guideline on cryptocurrencies as securities tokens ahead of planned legalization | south korea sto security token securities token

South Korea issues guideline on cryptocurrencies as securities tokens ahead of planned legalization

South Korea published guidelines on Monday for defining what specific cryptocurrencies would fall under regulations applicable to financial securities.
Bitcoins sitting on top of U.S. cash. | Markets: Bitcoin falls below US$23,000, Ether drops as crypto market follows equities lower

Markets: Bitcoin falls below US$23,000, Ether drops as crypto market follows equities lower

Bitcoin traded below US$23,000 on Monday morning in Asia, tracking a decline in U.S. equities as unexpectedly strong job growth numbers on Friday raised concerns markets may face more interest rate hikes to slow the economy and inflation.
wazirx

Binance tells Indian crypto exchange WazirX to remove funds from its platform as feud escalates

Binance has stopped providing wallet services to Indian crypto exchange WazirX, asking it to withdraw any remaining assets held in Binance wallets by Feb. 3.
Bitcoin coins on keyboard computer with trading exchange graph

Weekly Market Wrap: Bitcoin breaches US$23,000 in best monthly performance since October 2021

Bitcoin climbed more than 39% in January to break through the US$23,000 resistance ceiling in its best monthly performance since October 2021. Can the world’s first and biggest cryptocurrency maintain the upward momentum? Industry commentators share their views with Forkast.
binance gopax logo, dark South Korean flag in the back | Binance declines comment on speculation it may buy South Korean crypto exchange GOPAX | binance gopax south korea changpeng zhao cz binance

Binance re-enters S. Korea through GOPAX equity purchase: report

Binance has returned to South Korea after a two-year break by acquiring a majority stake in the local cryptocurrency exchange GOPAX, Bloomberg reported Friday.
Red Fort (Lal Qila). Delhi, India

India working with IMF, FSB on crypto regulations, says economic affairs secretary

India, the current holder of the G20 presidency, has been working with the IMF and the Financial Stability Board FSB to develop a regulatory approach for cryptocurrencies.
AI chip

Crypto exchange PayBito begins to integrate ChatGPT into its platform

Cryptocurrency exchange PayBito announced its plans to integrate ChatGPT, an artificial intelligence (AI) chatbot developed by research firm OpenAI, on Friday.
Pile of golden bitcoin tokens laid out

Markets: Bitcoin and Ether down, Polkadot biggest winner among top 10 cryptos

Bitcoin and Ether fell during Asian trading hours on Friday, along with the rest of the top 10 non-stablecoin cryptocurrencies by market capitalization, with Polkadot’s DOT posting the biggest gains.
Bicoin on China's flag | China should reconsider its ban on cryptocurrencies, says former central bank official | China, China crypto ban, cryptocurrency trading, digital yuan

China should reconsider its ban on cryptocurrencies, says former central bank official

China’s blanket ban on cryptocurrency trading can have the country miss critical opportunities for technological development, says former PBOC official.
Japan flag in front of blockchain backdrop, Japan Prime Minister Fumio Kishida | Prime Minister Fumio Kishida says NFTs and DAOs can bolster ‘Cool Japan’ strategy | japan web3, japan news, japan crypto, japan nft, japan metaverse, fumio kishida, japan dao, cool japan, japan news today

Prime Minister Fumio Kishida says NFTs and DAOs can bolster ‘Cool Japan’ strategy

NFTs and DAOs can help support Japan’s national strategy dubbed ‘Cool Japan’ to attract investment and expand the economy.
silvergate logo

Silvergate probed by US prosecutors over FTX, Alameda accounts: Bloomberg

U.S. prosecutors are investigating California-based cryptocurrency bank Silvergate Capital Corp. for how it handled accounts tied to now-bankrupt crypto exchange FTX and its brokerage arm Alameda Research, Bloomberg reported on Thursday, citing sources familiar with the matter.
concept of DeFi and blockchain

Why DeFi remains niche and what might get it out of its market rut

DeFi is still a Wild West, and many would-be users are wary of its lawlessness and anonymity. Could decentralized IDs foster greater trust and growth in the sector?
bitcoin gold token and dollar bills | Markets: Bitcoin dips to US$23,500; Ether inches up, other top 10 cryptocurrencies mixed | bitcoin price today, bitcoin news, ether price today, ether news, apple earnings, amazon earnings, alphabet earnings, dogecoin, elon musk

Markets: Bitcoin dips to US$23,500, Ether inches up, other top 10 crypto mixed

Bitcoin and Ether traded mostly little changed Friday morning after a strong run up in the week, with other top 10 cryptocurrencies prices mixed.
Indian money, rupees, layed out on a wooden table

India’s largest retailer Reliance starts CBDCs sales

Indian retail giant Reliance Retail announced on Thursday that it has started accepting digital rupee payments to become the largest Indian firm to adopt the nation’s CBDC.
stack of Bitcoins. | January weekly crypto investment reaches highest since July 2022, says CoinShares report

Markets: Bitcoin and Ether up, Matic tops gains as investors wait for ECB’s decision on interest rates

Bitcoin and Ether rose during Asian trading hours on Thursday, along with the rest of the top 10 non-stablecoin cryptocurrencies by market capitalization. Polygon’s Matic posted the biggest gains
A man with VR headset in front of a Suzhou Chinese garden | China’s Suzhou city joins other regions in country seeking to be metaverse hub | metaverse, China

China’s Suzhou city joins other regions in the country seeking to be metaverse hub

Suzhou has laid out plans to attract at least 200 companies in working with VR technology by 2025.
Former U.S. President Donald Trump. | Donald Trump helps Polygon NFTs outsell Ethereum on OpenSea exchange for second month.

Donald Trump helps Polygon NFTs outsell Ethereum on OpenSea exchange for second month

The non-fungible token (NFT) project by former U.S. President Donald Trump has helped its host network, Polygon, outsell Ethereum on the leading NFT marketplace OpenSea for the second straight month, according to transaction data.
Meta CEO Mark Zuckerberg. Image: Getty Images

Meta’s metaverse division Reality Labs posts wider loss of $13.7 billion in 2022

Meta Platforms Inc., the former Facebook, said losses at its Reality Labs division developing virtual reality technologies widened last year, but the company’s Q4 earnings beat expectations and it projected overall stronger growth into 2023, according to its earnings report released Wednesday.
bittrex logo and layoff image | U.S.-based cryptocurrency exchange Bittrex lays off 83 employees | bittrex layoffs, crypto layoff

U.S.-based cryptocurrency exchange Bittrex lays off 83 employees

Seattle-based cryptocurrency exchange Bittrex is laying off 83 employees, according to the U.S. Employment Security Department’s layoff alert.
USD digital stablecoin

Why the cloud will be critical to US competitiveness in world finance

The future global financial system will be reliant on the cloud, especially when it comes to CBDCs and stablecoins, writes Michael Greenwald and Logan Weber.
and
bithumb logo and handcuff backdrop | S. Korea issues arrest warrant for crypto exchange Bithumb owner | Kang Jong-hyun, south korea crypto, park min young

South Korea arrests head of Bithumb crypto exchange for alleged embezzlement

A South Korean court approved the prosecutor’s request to issue an arrest warrant for Kang Jong-hyun for alleged embezzlement.
Bitcoin in front of a graph. | Bitcoin breaks through $24,000 after Fed says ‘disinflationary process’ started in U.S. economy

Markets: Bitcoin breaks US$24,000 ceiling after Fed says ‘disinflationary process’ started in U.S. economy

Bitcoin rose above US$24,000 for the first time since mid-August in Thursday morning trading in Asia before sliding back slightly.
Intruder gains access to secrets. Hacker hacking into the security system. Data leakage, industrial espionage. Crypto theft, computer viruses. Authentication. Electronic encryption key.

Crypto hackers stole record US$3.8 bln in 2022, mostly from DeFi and cross-chain bridges: Chainalysis

Hackers stole at least US$3.8 billion in cryptocurrencies throughout 2022, a record-breaking year for crypto heists, says blockchain forensics firm Chainalysis.
Piggy moneybox with dollar cash closeup. Financial concept

Bankrupt FTX held US$1.4B in cash at the end of 2022

Bankrupt cryptocurrency exchange FTX.com had around US$1.4 billion in cash reserves at the end of 2022, according to a financial update released Tuesday.
Cardano logo on a computer keyboard

Cardano’s Djed stablecoin locks US$10 mln in reserves on its first day

Djed, a Cardano-based algorithmic stablecoin, has collected over US$10 million in its reserves within the first 24 hours since it was launched on Wednesday.
Golden bitcoin on keyboard computer.

Markets: Bitcoin stays above US$23,000; Cardano leads gains in top 10 cryptos

Bitcoin traded above US$23,000 throughout Wednesday afternoon trading in Asia, while Ethereum and other top 10 non-stablecoin cryptocurrencies were mixed. Cardano led gains with 2.03% followed by XRP’s 1.13%. 
E-CNY logo on a Lunar New Year themed table | Digital yuan sales over Lunar New Year up from last year, online retailers say | digital yuan, China, e-CNY, CBDC

Digital yuan sales during Lunar New Year up from last year, online retailers say

Digital yuan sales at online retail platforms in China have surged during the Lunar New Year holidays fueled by local governments’ red packet coupons.
Top blockchain and crypto news: Bitcoin ETF outperforms. SBF under pressure as accusations mount. ‘China’s Instagram’ embraces NFTs.

Bitcoin mining fund soars as BTC powers into 2023

Top blockchain and crypto news: BTC mining ETF outperforms. SBF under pressure as accusations mount. ‘China’s Instagram’ embraces NFTs.
Nirmala Sitharaman

India crypto industry on ‘Stairway to Heaven’ as government ignores requests in Budget

Cryptocurrency exchanges in India had lobbied the government to reduce taxes introduced last year, arguing the levies were backfiring by driving local investment offshore.
Bitcoin sitting inside a computer. | New Bitcoin protocol allowing for NFT creation may reshape trading market

New Bitcoin protocol may shake up the NFT market

Bitcoin has long been the world’s largest cryptocurrency blockchain, but non-fungible tokens or NFTs were always the domain of Ethereum. A new protocol could change that, and some in the Bitcoin community are not too pleased.
greenidge

Bitcoin miner Greenidge Generation cuts NYDIG debt 78% to US$17 million

Troubled U.S.-based Bitcoin mining firm Greenidge Generation Holdings Inc. has restructured more of its debt to investment management service provider NYDIG and investment bank B. Riley Commercial Capital, the company announced on Tuesday.
John Deaton, the lawyer for XRP holders petitioning to congress, talks to Forkast

Judge rules secondary sale of LBC does not classify as security in SEC vs LBRY appeal

In the SEC’s case against decentralized publishing platform LBRY Inc., the judge ruled that the secondary sale of LBC does not qualify as a security.
Bitcoins sitting on top of U.S. cash. | Markets: Bitcoin climbs back above US$23,000 as most top 10 crypto tokens gain ground

Markets: Bitcoin climbs back above US$23,000 as most top 10 crypto tokens gain ground

Bitcoin prices broke back above US$23,000 in Wednesday morning trading in Asia.
Bitcoin and Hong Kong banknote

Hong Kong to mandate stablecoin licensing as early as this year

The HKMA said in a consultation conclusion that algorithmic stablecoins will not be allowed in the city.
Celsius misled investors, spent customer funds, bankruptcy examiner claims

Celsius misled investors, spent customer funds, bankruptcy examiner claims

Celsius Network may have misled its investors and spent customer funds, an independent examiner said in a Tuesday court filing.
Alameda Research: Follow the money

Alameda Research sues Voyager Digital for US$445.8 mln 

Alameda Research has sued bankrupt digital assets lender Voyager Digital to reclaim US$445.8 million worth in loan payments before FTX filed for its own bankruptcy.
Analysis graph for bitcoin

Markets: Bitcoin, Ether drop; Dogecoin rebounds

Bitcoin and Ethereum prices fell during Tuesday afternoon trading in Asia along with most other top 10 non-stablecoin cryptocurrencies. Dogecoin was the exception in that list as it rebounded from morning losses.
stack of Bitcoins. | January weekly crypto investment reaches highest since July 2022, says CoinShares report

January weekly crypto product investment reaches highest since July, says CoinShares report

Digital asset investment products reached US$117 million in the week ending Jan. 27 — the highest since July 2022 — with nearly all of that going into Bitcoin.
South Korean palace | South Korea regulator recommends unified crypto disclosure system to protect investors | south korea crypto regulation, financial supervisory service

South Korea regulator recommends unified crypto disclosure system to protect investors

South Korea’s Financial Supervisory Service has recommended a unified system for mandatory disclosure from issuers of cryptocurrencies.
FTX founder Sam Bankman-Fried left Manhattan Federal Court after his arraignment and bail hearings on December 22, 2022 in New York City. Image: David Dee Delgado/Getty Images

Judge rules Sam Bankman-Fried’s $250 mln bail co-signers should be named

A U.S. federal judge has granted motions to reveal the identities of the two unnamed co-signers of FTX founder Sam Bankman-Fried’s US$250 million bail bond.
jigsaw puzzle with concepts related to regulations and compliance

What we must learn from FTX so that history does not repeat itself

Tighter regulations are necessary but not enough. The industry also needs to address its issues with custody and transparency, writes Chen Zhuling of RockX.
Two Bitcoin on a black background.

Bitcoin falls in broad crypto pull back ahead of U.S. Fed meeting on interest rates

Bitcoin fell along with Ether and all other top 10 non-stablecoin cryptocurrencies in Tuesday morning trading in Asia, wiping out most of Monday’s gains.
WGMI ETF's performance illustrated by a TradingView chart

Valkyrie’s WGMI Bitcoin Miners ETF named best-performing U.S. fund, surges 105% in 2023

Valkyrie’s Nasdaq-listed Bitcoin Miners exchange-traded fund (ETF), WGMI, has been the best-performing fund of 2023 so far, rising over 105% throughout January.
Nigerian money in a magnifying glass

Bitcoin trades higher in Nigeria amid cashless economy drive

Bitcoin price was trading at a premium in Nigerian cryptocurrency exchanges on Monday following the central bank’s limit on ATM cash withdrawals.
golden bitcoin and us dollars

Markets: Bitcoin, Ether extend gains; Solana leads among top 10 cryptos

Bitcoin and Ethereum were up in Monday afternoon trading in Asia, while all other top 10 non-stablecoin cryptocurrencies were mixed. Solana led gains at 5.08%. 
thunderstorms and Bitcoin puzzle

A crypto regulatory storm front is coming in 2023. Are we ready for it?

Laws to prevent another FTX blowup, crackdowns on crypto tax cheats, and a ruling on Ripple are likely imminent. A bull’s eye is also on DeFi, writes Gergo Varga of SEON.
Row of bitcoin miners set up on the wired shelfs

Bitcoin mining difficulty hits new all-time high with 4.7% rise

Bitcoin’s mining difficulty level rose 4.68% on Sunday, hitting an all-time high, as the networks’ hashrate also continued to increase.
NFTs on Xiaohongshu's R-Space.

China’s ‘Instagram’ gets NFT makeover with Conflux

Xiaohongshu, or “Little Red Book,” a popular social media application widely described as the Chinese equivalent of Instagram, has integrated layer-1 public blockchain Conflux Network, allowing users to showcase their non-fungible tokens on their profile pages, Conflux announced on Thursday.
Ministry of Justice | S.Korea to adopt crypto tracking software in the first half of 2023 | south korea crypto crypto crime

S.Korea to adopt crypto tracking software in the first half of 2023

The South Korean Ministry of Justice (MOJ) announced Thursday that it will adopt a cryptocurrency tracking system within the first half of 2023.

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