AI
Web3
ApeCoin’s on-chain metrics point to local top following 78% climb over 6 weeks – Santiment
On-chain analysis of ApeCoin's active addresses, network growth, whale behavior may indicate that a local top is in, according to Santiment.
Adoption
HSBC seeking new product director to steer tokenization efforts
The move comes despite HSBC CEO Noel Quinn's recent warning about the dangers of crypto.
Adoption
Lighting network provider Strike expands to Philippines
The Philippines, with a remittance market of $35 billion, is one of the world’s largest.
Analysis
Emerging markets dominate Chainalysis 2022 Geography of Cryptocurrency Report
Significant growth seen in the Middle East and North Africa, while North America continues to lead in DeFi.
Analysis
South America-based exchange volume continues positive trajectory
Exchange volume transactions for the month of January 2022 remained steady at 8.35B
Crime
Lazarus attempt to launder additional $27.2M of funds stolen from Harmony bridge hack
At least two exchanges, Binance and Huobi, reported freezing a portion of the funds.
Technology
Twitter moving ahead with payment processing service; crypto integration may come later
Twitter has started applying for licenses through both state and federal regulators and would also seek regulatory approvals internationally.
NFTs
Sorare, English Premier League enter multi-year NFT deal
The multi-year deal includes an NFT backed fantasy football league featuring top Premier league players
NFTs
Birkin vs. MetaBirkin, what one case heading to trial today may mean for the future of Web3
Hermès is suing artist Mason Rothschild over an NFT collection it says infringes its trademark.
Analysis
Sudden rise in Canto gives some investors pause
Stablecoin FUD leads some to suggest Note may be unhealthy.
Regulation
Federal Reserve denies membership to crypto adjacent bank Custodia
The bank promised to “continue to litigate” in efforts to bolster crypto adoption
Banking
Silvergate Capital announces the suspension of Series A preferred stock dividends
The move sent Silvergate Capital (SI) share price tumbling more than 10% today