While the crypto market in 2022 was hit by a slew of insolvencies and daily volatility, adoption seems to have continued apace on the global level. It’s no secret that the crypto market was gripped by bearish pressure for the entirety of 2022. However, amid all the volatility and chaos, many positive news stories appeared...Continue Reading
HashEx CEO Dmitry Mishunin summarizes Web3 as read, write, own — a “crazy responsibility” for the end-user. Hacking in Web3 is easy because it uses the same pattern that’s been used since the inception of the internet — pretending to be someone else. Due to the complexity and the “cool factor” of Web3 projects, one...Continue Reading
Support for cryptocurrency regulation in the United States is “bipartisan & bicameral” according to Ripple CEO Brad Garlinghouse. Ripple’s CEO, Brad Garlinghouse, shared in a Jan. 3 Twitter thread he’s “cautiously optimistic” about the United States gaining “breakthrough” regulatory clarity for the cryptocurrency industry in 2023. To mark the first day of the 118th Congress,...Continue Reading
The Fed, FDIC and OCC teamed up to wish the banks they regulate a FUD-filled new year with a warning about the risks associated with crypto assets and their efforts to contain those risks. United States federal bank regulatory agencies started off the new year with a statement on crypto assets looking back at the...Continue Reading
The addition to the satellite constellation was part of efforts to make space a “new battleground in the quest for bulletproof cryptography” by expanding computational power. The company behind a crypto-satellite module launched in May has announced that an additional piece of its blockchain-related infrastructure went into Earth orbit. According to an announcement, one of...Continue Reading
Brown Rudnick has worked for the country since March, but the nation’s potentially increasing role in the case requires it to register in the United States as a foreign agent. The Bahamas will have legal representation in the unfolding FTX case. The Caribbean nation chose Brown Rudnick as counsel “in certain matters of engagement related...Continue Reading
BTC volatility is at a record low, inflows to spot markets remain muted and this week’s economic calendar suggests that volatility is set to rock the crypto market. Continuing with 2022’s trend, there is a lack of positive excitement in the crypto market. While Bitcoin (BTC) and altcoins have remained stagnant to start 2023, there...Continue Reading
The former FTX CEO faces eight criminal counts in the United States which could result in 115 years in prison should he be convicted. Former FTX chief executive officer Sam Bankman-Fried has pled not guilty to all criminal charges he’s facing related to the collapse of the crypto exchange including wire fraud, securities fraud, and...Continue Reading
2022 was a challenging year for many crypto companies, but some maintained exemplary performance. 2022 saw the fall of many linchpin crypto and blockchain firms as the May market drawdown shook the industry. It caused many cryptocurrencies to lose value and many investors to pull their money from the market. Furthermore, the unprecedented knock-on effects...Continue Reading
GammaRey said it has nearly $800 million in consumer assets. According to an announcement on Jan.3, blockchain fintech firm GammaRey signed a merger agreement with financial e-commerce and consumer data analytics company GoLogiq. Both companies are based in the U.S., while GoLogiq focuses on customers in Southeast Asia. As stipulated by the terms, GoLogiq will...Continue Reading
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