Cryptocurrency
Layer 2 Tokens Take Lead
The price of layer 2 network Optimism’s OP token has also surged over the past week. OP reached an all-time high of over $2.50 on Wednesday amid rising adoption of layer 2 networks. “People want […]
Month: January 2023
Weekly Overview
FTX creditors list, BlockFi $1.2B exposure and new Celsius token…
Top Stories This Week FTX creditor list shows airlines, charities and tech firms caught in collapse The complete list of creditors owed money by the bankrupt cryptocurrency exchange FTX has been released, revealing a wide […]
Ethereum
Hackers takeover Azuki’s Twitter account, steal over $750K in less than 30 minutes
Azuki, a popular nonfungible token (NFT) project, had its Twitter account compromised on Jan. 27 leading to hackers stealing over $750,000 worth of USD Coin (USDC) by posting a malicious “wallet drainer link” posed as a virtual […]
Cryptocurrency
Better Policy Can Turn NFTs Into an Intellectual Property Powerhouse
Individual artists are also deepening their fan bases with engaging experiments. Digital illustrator Yam Karkai and her co-founders created the World of Women NFTs (WoW), a collection that celebrates art, representation, inclusivity and equal opportunities. […]
Ethereum
Vitalik Buterin divulges the ‘largest remaining challenge’ for Ethereum
Ethereum co-founder Vitalik Buterin has shared a possible solution to what he describes as the “largest remaining challenge” for Ethereum — privacy. In a blog post on Jan. 20, Buterin acknowledged the need to come […]
Blockchain
US securities regulator probes Wall Street over crypto custody: Report
The United States Securities and Exchange Commission (SEC) has been probing traditional Wall Street investment advisors that may be offering digital asset custody to its clients without the proper qualifications. A Jan. 26 Reuters report […]
Cryptocurrency
What Crypto Legislation Could Look Like for the US, UK and Europe
In the U.S., we will likely see a continued and strengthened differentiation between different categories of digital assets. The Biden Administration’s executive order (EO) on “cryptoassets” published in March made it clear that crypto is […]
Ethereum
ETH price risks 20% drop if key support level breaks
Ether’s (ETH) rally versus Bitcoin (BTC) is not only showing signs of exhaustion but is also in danger of breaking below a key technical support level. ETH slides vs. BTC in the second half of […]
Cryptocurrency
Bitcoin Tops $23.7K in Wednesday Comeback
Rust: Big tokens, especially bitcoin, and any ether are going to do well. We’re going to see a faster recovery in the crypto markets than we will see in the traditional finance market. ETH is […]
Ethereum
Ethereum futures and options data reflect investors’ growing confidence in ETH price
The price of Ether (ETH) rallied 16% between Jan. 14 and Jan. 21, peaking at $1,680 before facing a 5.4% rejection. Curiously, the same resistance level resulted in a substantial correction in late August 2022 […]
