Bitcoin and multi-asset investment products saw inflows amounting to $287 million and $209 million last year, according to a report from Coinshares. Digital assets funds saw inflows totaling $433 million during 2022, the lowest level since 2018, when inflows in the crypto industry reached $233 million, according to the cryptocurrency investment firm Coinshares.  Investors’ appetite...Continue Reading

Sei Network previously raised $5 million in funding in August 2022. According to a blog post published on Jan. 4, Singapore-based cryptocurrency exchange MEXC announced that it would allocate $20 million to support developments on Sei Network. A layer one blockchain designed for trading, Sei Network’s stated features include native order matching, frontrunning protection, smart...Continue Reading

Time-weighted average price is an algorithmic trading strategy that aims to reduce price volatility and improve liquidity during the trading process. Time-weighted average price is an algorithmic trade execution strategy commonly used in traditional finance tools. The goal of the strategy is to produce an average execution price that is relatively close to the time-weighted...Continue Reading

Sports leagues are showing interest in DAOs, NFTs and the metaverse, but challenges may hamper adoption. The multi-billion-dollar sports industry is undergoing a digital transformation and Web3 elements are likely to play a major role. This notion was highlighted in Deloitte’s “2022 Sports Industry Outlook” report, which predicts an acceleration in the blending of real...Continue Reading

BTC price action is now deeper below its 200-week moving average than at any point in its history. Bitcoin (BTC) is now further below a key moving average than it was at the pit of the March 2020 COVID-19 crash. In a tweet on Jan. 4, popular trader and analyst Rekt Capital revealed just how...Continue Reading

Regulators stated that the company had a backlog of 100,000 alerts about potential suspicious customer transactions. New York regulators announced on Jan. 4 that cryptocurrency exchange Coinbase will pay a $50 million fine and invest a further $50 million in its compliance program, following a settlement with the New York State Department of Financial Services. ...Continue Reading

Prince Philip of Serbia outlines key ways in which Bitcoin promotes global financial inclusion and its importance in conflict-affected nations. The fundamental aspects of Bitcoin (BTC) continue to power global financial inclusion, financial privacy and autonomy in conflict-affected nations despite difficult macro-economic and cryptocurrency market conditions over the past year. These are the key takeaways...Continue Reading

The hackers took control of 82,519 GMX tokens and exchanged the assets for 2,627 Ether, and then transferred the assets to the Ethereum network using Hop Protocol and Across Protocol. Hackers have started the year with another exploit, with several million being taken from a whale holding large amounts of decentralized finance (DeFi) protocol GMX’s...Continue Reading

The United Kingdom’s top crime agency is looking to hire a crypto investigator with experience of identifying and recovering seed phrases. The United Kingdom’s National Crime Agency (NCA) is taking measures to increase its focus on cryptocurrency crimes and combat criminals. NCA’s cyber-focused command, the National Cyber Crime Unit (NCCU), is launching a dedicated cryptocurrency...Continue Reading

Public Bitcoin miners will actively work to minimize costs in 2023 by going private or merging with other firms, Hash Rate Index analysts predicted. After a shocking year for Bitcoin (BTC), public miners will focus on strengthening balance sheets and minimizing costs this year, according to industry analysts. Bitcoin mining cost minimization will likely lead...Continue Reading