Regulation
Adoption
Huobi announces launch of world’s first national token, DMC
DMC holders to receive Dominica DID status, opportunity to obtain passports issued by the Government of Dominica, and Dominica Metaverse privileges.
Bankruptcy
VP of AAX speaks out against handling of company bankruptcy decision
Ben Caselin confirmed his resignation from Hong Kong exchange, AAX, following disagreement with company decisions.
Exchanges
LINE-founded cryptocurrency exchange BITFRONT announces closure
BITFRONT grants users until March 31st 2023 to withdraw funds and set to delete all personal information within 40 days of that date.
Regulation
JP Morgan believes regulation will lead to convergence of crypto, TradFi
JP Morgan said regulation is coming to crypto following the FTX collapse and highlighted the importance of self-custody, asset security, and customer protection.
Research
Research: Comparing the 2022 bear market to 2018
Though around 3 million BTC flooded exchanges back in 2018's bear market, unprecedented amounts of BTC have left exchanges through the 2022 bear market.
Mining
Latest mining rigs amp up difficulty to zone out competition
Mining profitability wanes for older mining rig models as later 2022 models amp up mining difficulty to the extent that competition can't keep up.
Investments
Elon Musk, Semafor allegations dig ‘conflict of interest’ rabbit hole
In the public debate between Musk and Semafor, an allegation cross-fire emerged as media SBF investments revealed.
Bankruptcy
US Senators want justice department to hold FTX execs accountable for collapse
Senators Elizabeth Warren and Sheldon Whitehouse want the DOJ to prosecute the individuals responsible for the collapse of FTX
Analysis
BTC hash ribbon upcoming convergence signals miner capitulation
Miners selling at the most aggressive rate over the last two years as the Bitcoin network set to adjust difficulty negatively for the next epoch.
Earnings
Silbert downplays liquidity crisis, expects $800M revenue in 2022 for DCG
CEO Barry Silbert addressed the suspension of withdrawals at Genesis Global Capital and listed the company's current liabilities.
Hacks
FTX Exploiter ups the ante with 200K ETH move
FTX Exploiter began moving ETH again as 195,000 ETH leaves the hackers' main wallet with 15,000 of the total bridged to renBTC.
Censorship
99% ETH OFAC compliance to slow block time to 3hrs but not censor
A 99% OFAC compliant ETH blockchain will boast a 99.99% certainty of transaction inclusion in under 4 hours