Banking
Adoption
Crypto companies scale back massively for Super Bowl LVII
Crypto spend is now focused on user experience, products, and customer service, rather than glitzy adverts.
Featured
Balance CEO alleges betrayal at hands of Uniswap founder
Ric Burton opens legal action against Hayden Adams over alleged debts incurred by assisting Uniswap to market.
Macro
Bitcoin drops to $23,250 on significantly higher-than-expected US payroll data
The leading cryptocurrency fell to $23,250 in response to strong labor market data.
Adoption
Central Bank of Sri Lanka insists Bitcoin will not fix economic crisis
Sri Lanka rejected Tim Draper's proposal to introduce a Bitcoin-based economy and said it will not solve the country's issues.
Featured
Ray Dalio gives his take on building a better Bitcoin
Dalio shattered the idea he is pro-Bitcoin, saying an inflation-linked coin would make for better money.
Adoption
Binance signs MoU to deliver cryptocurrency infrastructure in Georgia
Binance and Georgia's Agency for Innovation and Technology will cooperate to bring blockchain innovation to the country.
Technology
Bitcoin purists slam Luxor’s support of ‘magic internet jpegs’
Mining pool Luxor added a jpeg to the Bitcoin blockchain sparking a backlash from purists who say the chain is for monetary transactions only.
Analysis
Bitcoin taps $24,000 for the first time since August 2022
The bear narrative takes a hit as Bitcoin records a 24 week high, despite ongoing macro uncertainty.
Macro
Bitcoin reaches $23,700 as Fed raises interest rates by 25 basis points
The Fed announces a 25 bps hike, Bitcoin goes to $23,700 following the news.
Analysis
Arweave spikes 9% as transaction count records all-time high in January
Arweave sees a flood of network activity in conjunction with buoyant price action.
Regulation
CoinShares CEO says lack of political will hindering US regulatory landscape
Jean-Marie Mognetti wants clarity on which agency should take the lead in crypto regulation.
Bankruptcy
Court-appointed examiner confirms Celsius operated as a Ponzi
An independent report into Celsius's business affairs confirms shady business practices and Ponzinomics.