French central bank governor pushes for crypto licensing ahead of EU laws
The Bank of France’s head said turmoil in the crypto markets proves the need to move to a mandatory licensing scheme for crypto firms “as soon as possible.” Francois Villeroy…
Mutant Ape Planet creator arrested in NY for alleged $2.9M NFT ‘fraud’
The developer of a Mutant Ape Yacht Club knock-off collection has allegedly “defrauded” investors of $2.9 million and admitted to a rug pull. The developer of a Mutant Ape Yacht…
US senator behind efforts to pass major crypto bill won’t seek re-election
Senator Debbie Stabenow was one of the lawmakers behind introducing the Digital Commodities Consumer Protection Act in August. Michigan Senator Debbie Stabenow, chair of the United States Senate Agriculture Committee,…
What is institutional DeFi, and how can banks benefit?
Institutional DeFi could be a new paradigm that banks can leverage for product innovation, new pricing models and operational efficiencies. Financial services institutions and banks have increasingly engaged with Web3…
Asia Express: China’s NFT market, Moutai metaverse popular but buggy…
In a joint effort between the state-owned Chinese Technology Exchange, the state-owned Art Exhibitions China and the corporation Huban Digital Copyrights Ltd, Chinas first national NFT marketplace is scheduled to…
US authorities are turning their attention to FTX’s Nishad Singh: Report
FTX’s bankruptcy filings show a $543 million loan to former engineering director Nishad Singh, who was reportedly a part of the secret ‘wirefraud’ chat group. The United States Securities and…
CME Group to launch 3 metaverse reference rates
Axie Infinity, Chiliz and Decentraland will be represented in CME’s new reference rates and real-time indexes. Derivatives marketplace CME Group is planning to launch reference rates and real-time indexes for…
DeFi security losses rose 47.4% in 2022 to hit $3.64B: Report
Over $1.40 billion worth of stolen DeFi funds was reportedly laundered via Tornado Cash during that period. According to a Jan. 5 report published by Chinese blockchain security firm LianAn…
Axie Infinity Price Prediction for Today, January 5: AXS/USD Rebounds as the Price Faces $8 Level
Axie Infinity Price Prediction – January 5 The Axie Infinity price prediction sees a 1.68% price increase over the past 24 hours of trading as Go to Source
Three Arrows Capital Founders Served Subpoenas via Twitter in Bankruptcy Process
The founders of the now-defunct cryptocurrency hedge fund Three Arrows Capital (3AC) have been served subpoenas by the fund’s liquidators via Twitter. While serving subpoenas on Twitter is rare, it…
New York Attorney General Sues Celsius Co-Founder Alex Mashinsky for Crypto Fraud
On Jan. 5, 2023, the state of New York and attorney general Letitia James filed a lawsuit against Alex Mashinsky, the co-founder and former CEO of Celsius. The lawsuit claims…
Unreported Transactions Linked to Disgraced FTX Co-Founder Revealed by Onchain Investigation
According to onchain research, wallets connected to Sam Bankman-Fried, the disgraced co-founder of FTX, transferred a significant number of previously unreported transactions across various blockchains. The transfers were discovered by…
Biggest Movers: DOGE, SHIB Surge to Multi-Week Highs on Thursday
Dogecoin raced to a multi-week high on Jan. 5, as meme coins rose higher following recent days of consolidation. The coin climbed for a second straight session on Thursday, which…
SHIB Price Prediction as BONK and other Meme Coins Take Off
Over the past few years, meme coins have taken off in the crypto markets. While some were initially skeptical of these tokens and labeled them Go to Source
Crypto lender Genesis lays off 30% more staff: Report
Genesis announced in August that it planned to cut its then 260-person workforce by 20%, with CEO Michael Moro moving into an advisory role. Crypto lending platform Genesis Global Trading…