BTC second-worst YTD since 2011, expected to remain flat through 2023
Bitcoin is predicted to remain flat through 2023, following its second-worst year to date in 2022, according to Arcane Research.
Alameda objects to debtors’ Plan in bankruptcy case
Alameda Research claims the debtors' plan is unconfirmable and falls short of disclosure requirements.
BONK diluted market cap crashes $140M, Whitepaper link added
BONK Solana meme token loses 35% of its market value in six hours, recording $140 million diluted market cap loss — down 51% from its ATH.
Silvergate Capital bank forced to sell assets at loss, fires 40% of staff
Silvergate Capital faced a $8.1 billion bank run and was forced to sell assets at a loss, resulting in a $718 million loss.
G7 economies move into development stage of CBDCs
G7 economies and over 20 additional countries are in development stages for CBDCs, according to the Atlantic Council.
Top 25 BONK holders own over 50% of supply, no sign of Whitepaper
Solana-based memecoin BONK airdropped over 50% of its total supply across 25 holders out of roughly 98,000 holders of the coin — the project has yet to release an official whitepaper.
Celsius files motion to extend the Bar Date
Celsius has requested an expedited hearing for a motion to extend the deadline for submitting proofs of claim and grant related relief.
Research: Only 150K Bitcoin remain in Future OI as switch to risk-off fast approaches
Bitcoin has started 2023 with a steep 15% decline towards a risk-off narrative as metrics show BTC is used less and less as an underlying asset.
VanEck forecasts BTC price to hit $10K to 12K in Q1 – $30K by Q3
VanEck predicts Bitcoin price will reach $10,000 to $12,000 in the first quarter amid miner bankruptcies due to the impending energy crisis.
Binance reportedly finalizing acquisition Korean crypto exchange Gopax
Binance is reportedly completing its acquisition of Korean crypto exchange Gopax after finishing due diligence.
Silvergate Capital hit with class action lawsuit for Securities Law violations
Pomerantz LLP has filed a class action lawsuit against Silvergate Capital Corporation for alleged securities law violations.
BTC miner balances poised for selloff as sell pressure increases
CryptoSlate's analysis of potential all-time high miner capitulation in 2023 and whether mining BTC selloff will occur.
Public BTC mining companies face $4B in liabilities, Core Scientific leads the pack
Public Bitcoin mining companies have a total of $4 billion in liabilities, with Core Scientific leading at $1.3 billion.
USDN to become WINDX – a multi-collateralized soft-pegged asset
Ivanov explained in an AMA today that the USDN stablecoin is set to become multi-collateralized and index asset for WAVES ecosystem.
First non-EVM solution brings NEAR to Metamask
Proximity Labs has developed NETH, a smart contract that enables compatibility between Metamask and the NEAR blockchain.
BNB Chain unique wallets surpass Ethereum, becomes largest L1 blockchain
Despite crypto winter setting in, BNB Chain sets up big plans for 2023, as unique addresses surpass Ethereum as growth continues.
Jump Crypto releases research on Proof of Solvency vulnerabilities
Jump Crypto examines the effectiveness and vulnerabilities of Proof of Solvency for ensuring consumer protection.
Gate Group in talks with Hong Kong authorities over crypto policy, regulation
Gate Group met the Hong Kong Financial Services and Treasury Bureau and the Securities and Futures Commission to discuss virtual asset regulation.
Waves Platform CEO announces launch of new stablecoin
Sasha Ivanov announced launch of new stablecoin and addressed Twitter user concerns surrounding depegging.