Market
Analysis
Bitcoin, gold rise 3% following FTX’s crash while Ethereum, USD, others crash
Despite the fear and uncertainty in the market, Bitcoin's price has been positive over the period in contrast to Ethereum.
Investments
Alameda, Do Kwon-backed hedge fund breaks silence to announce rebranding
The hedge fund's website shows no solid development or investment it has made. Its official Twitter account has only seven tweets.
Regulation
Indian central bank governor calls for crypto ban, champions CBDCs
The Indian central bank governor called for a ban on crypto and said the country should adopt CBDCs instead as they will reduce need for printing fiat currencies.
Crypto
Ankr reveals ‘former team member’ carried out hack on protocol in early December
Ankr wrote that the former team member carried out the hack by using malicious code that compromised its private key when a legitimate update was made.
Analysis
Waves CEO calls futures markets ‘breeding ground for FUD,’ requests exchanges disable trading
According to Ivanov, Waves does not need a futures market because it is a "breeding ground for FUD and making money off short positions."
Mining
Bitcoin miner Core Scientific files for bankruptcy, has over $1B in liabilities
Despite reports of the bankruptcy filing, Yahoo Finance data showed that Core Scientific stocks grew by 3% at the close of the trading market on Dec. 20.
Bankruptcy
Greenidge signs $74 million debt restructuring deal as bankruptcy fears emerge
Greenidge Generation Holdings is restructuring a significant portion of its debt with NYDIG ABL and will provide hosting services.
Research
Research: Russia’s Ukraine invasion led to Bitcoin’s highest sell-off in the past 2 years
Using Glassnode's Revived Supply data, CryptoSlate discovered that Russia's Ukraine invasion led to the highest Bitcoin sell-off among long-term holders.
Exchanges
Gemini suffers 2 downtimes in 7 days
Gemini said it was entering maintenance mode to investigate an application recovery issue.
Crypto
Vitalik Buterin says XRP is ‘completely centralized,’ Ripple CTO reacts
Buterin said XRP hasn't apologized for writing the U.S. government that Bitcoin and Ethereum were Chinese-controlled assets.
Bear Market
Aptos-based Mojito Market suspends operation because of FTX crash
Mojito said its efforts to raise new funding failed because of the current bear market situation.
Exchanges
Coinbase CEO Brian Armstrong calls for regulation of crypto industry
Coinbase CEO Brian Armstrong called for a level playing field between local and foreign firms operating within the crypto space.