The decision from Sweden’s financial authority followed regulators in France, Bahrain, Spain and Dubai granting similar approvals for Binance in 2022. The Swedish Financial Supervisory Authority, one of the country’s financial regulatory agencies, has granted the local arm of crypto exchange Binance approval to manage and trade digital currencies. According to a Jan. 11 announcement,...Continue Reading

Bitcoin has the potential to deliver gains that are stronger than “most think,” market analyst Rekt Capital believes. Bitcoin (BTC) is facing a “bottoming candle” in 2023, but BTC price action is still more than able to surprise the market. In a tweet on Jan. 11, popular trader and analyst Rekt Capital predicted that BTC/USD...Continue Reading

3AC co-founder Kyle Davies announceed regular meetings with creditors, noting all involved parties are welcome to attend. Kyle Davies, the co-founder of bankrupt hedge fund Three Arrows Capital (3AC), disclosed in a Twitter thread that the first meeting of 3AC creditors was held on Jan. 11. Davies invited all creditors to join the group and...Continue Reading

Previous reports suggested that FTX saw losses peak at nearly $9 billion in total liabilities. According to FTX attorney Andy Dietderich, the troubled cryptocurrency exchange has “recovered $5 billion in cash and liquid cryptocurrencies.” However, the exchange is still “working to rebuild transaction history,” and the total amount of customer shortfall is “still unclear.” Speaking...Continue Reading

SOL price has been unable to close above a key resistance level of around $17.50 despite its big rebound in the past two weeks. Solana (SOL) price is up an impressive 60% since the new year, partially boosted by hype surrounding meme cryptocurrency Bonk (BONK). However, the SOL/USD pair now shows signs of exhaustion, raising...Continue Reading

Multiparty computation can help users to protect their private keys and seed phrases when used in wallets. Multiparty computation (MPC) is a type of cryptographic protocol that allows multiple parties to jointly compute a function over their inputs without revealing those inputs to each other.  MPC can be useful when parties want to compute some...Continue Reading

A new Bitcoin lightning node in Nigeria could inspire individuals to take “control of their financial future” and break free from ‘rotten’ financial systems node runner Megasley told Cointelegraph. A Bitcoin Lightning Network node (BTC) has struck the earth in one of the most challenging operating environments. Lagos, the capital of Africa’s most populous country,...Continue Reading

After having about $290 million locked at Digital Currency Group, Bitvavo decided to pre-fund the assets on its own and is now looking for full repayment. Cryptocurrency exchange Bitvavo, a major creditor of the troubled crypto company Digital Currency Group (DCG), has dismissed DCG’s proposal of partial debt repayment. Bitvavo officially announced on Jan. 11...Continue Reading

Venom Ventures Fund is allocating $1 billion to invest in Web3, blockchain and cryptocurrency projects and services. Abu Dhabi-based blockchain platform Venom Foundation and investment manager Iceberg Capital announced they will allocate $1 billion of funding to Web3 and blockchain firms through a new partnership. The Venom Ventures Fund is set to invest in protocols...Continue Reading

The Agenda podcast chats with Adam Levy of Mint and rapper Jay Kila about nonfungible tokens, Web3 and the struggles of being an independent musician. The music industry is notoriously centralized, with major record labels often controlling nearly every facet of an artist’s career — from which songs they are allowed to release to what...Continue Reading