Bitcoin News
Bitcoin price rebounds as U.S. inflation cools
Bitcoin rebounded above US$18,000 on Friday as the U.S. consumer price index, rose 6.5% in December, matching expectations and continuing a downtrend from previous months.
Dylan Butts
Lens
Cryptocurrencies
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Regulation
El Salvador establishes legal framework for all cryptocurrencies
El Salvador has passed landmark legislation that establishes a legal framework for all cryptocurrencies to build on the country’s “first-mover advantage."
Zoltan Vardai
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DeFi News
How DeFi can overcome the stench of shitcoins and ponzinomics
DeFi Summer has cooled into Crypto Winter, but with a silver lining — investors are finally asking sensible questions like: ‘Where does the yield come from?' writes Julian Koh of Ribbon Finance.
Julian Koh
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Crypto Trading and Strategies
India’s WazirX crypto exchange releases proof of reserves, says 90% of user assets in Binance wallets
Some 90% of user assets at WazirX, India’s largest crypto exchange by volume, are held in wallets at Binance while the remaining 10% are stored in hot and warm wallets, revealed WazirX’s proof of reserves that the company released on Wednesday.
Pradipta Mukherjee
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Regulation
Thai regulator probes Zipmex crypto exchange amid acquisition: report
Thailand’s Securities and Exchange Commission (SEC) has written to cryptocurrency exchange Zipmex Thailand seeking clarification on whether it has been operating as a digital-asset fund manager without permission, according to a Bloomberg report.
Pradipta Mukherjee
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Bitcoin News
Digital Currency Group in spotlight over suspicious fund transfers
Top blockchain and crypto news: DCG under investigation. Lido DAO surges as Ethereum's Shanghai upgrade looms. Hong Kong burnishes crypto credentials.
Forkast.News
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Altcoins
Markets: Bitcoin, Ether strengthen; XRP leads gains in top 10 cryptos
Bitcoin and Ethereum prices rose in Wednesday afternoon trading in Asia along with all other top 10 non-stablecoin cryptocurrencies, with XRP leading gains.
Pradipta Mukherjee
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Regulation
India’s CoinSwitch exchange to add non-crypto products amid punishing taxes on digital asset trading
Indian cryptocurrency exchanges faced a flurry of taxes on trading last year that saw volumes across most platforms drop as much as 90%, slashing income from trading fees. What’s a crypto exchange to do? Maybe sell mutual funds?
Pradipta Mukherjee
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Bitcoin News
Coinbase to cut 20% of its remaining workforce
Coinbase, the largest cryptocurrency exchange in the U.S., will be letting go of about 950 employees, or about 20% of its current workforce, as part of “a further restructuring plan,” which is expected to be “substantially complete” by the second quarter of 2023.
Pradipta Mukherjee
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Altcoins
Markets: Bitcoin slips, Cardano leads losses in top 10 cryptos
Bitcoin dropped in afternoon trading on Tuesday along with most other top 10 non-stablecoin cryptocurrencies by market capitalization. Ethereum rose further while Dogecoin led gains.
Pradipta Mukherjee
