Gaming
Exchanges
Binance Futures to launch FETUSDT perpetual contracts as AI cryptocurrencies surge
With AI cryptos surging by over 50% in the past week, Binance Futures is launching the FETUSDT perpetual with leverage up to 20X.
Stablecoins
Stablecoin reserves in centralized exchanges continue to fall after FTX collapse
FTX's collapse led to market uncertainty and low trust in centralized exchanges, resulting in 3.93 billion stablecoins leaving exchanges since then.
Bear Market
Ripple CTO called out by Twitter for market manipulation of FLR token
While Schwartz advocated selling FLR, citing the token's lack of value, he later admitted to buying a large amount.
Adoption
Avalanche gains 20% in hours after Amazon partnership announcement
By joining the AWS Partner Network, Ava Labs will be able to deploy products with more than 100,000 partners worldwide.
Bear Market
Silvergate received a $4.3B bailout after FTX collapse
In the wake of the FTX collapse, withdrawals from Silvergate spiked, and its deposits fell by $3.8 billion at the end of 2022.
Exchanges
Binance reportedly didn’t follow procedures for BUSD reserves in 2020, 2021
Currently, Binance's pegged BUSD is fully backed by the US dollar, and Paxos's BUSD is unaffected, according to a Binance spokesperson.
Exchanges
Crypto.com to delist USDT for Canadians
The USDT delisting is in accordance with instructions from the Ontario Securities Commission.
Bankruptcy
DCG labels Gemini co-founder’s allegations as ‘publicity stunts’
The recent allegations were a deflection of blame from parties responsible for marketing and operating Gemini Earn, according to DCG.
Research
Bitcoin fundamentals remain unchanged despite the significant events in 2022
Bitcoin has endured a turbulent year, including a decline in price and market cap, but its foundations remain solid.
Bear Market
Huobi Korea to become an independent entity, breaking ties with Huobi Global
Huobi Korea chairman Jo Guk-Bong will buy the majority stakes from Huobi global founder Leon Lin.
Bear Market
Metropolitan Bank to abandon crypto asset related vertical
According to MCB, the industry's recent developments and changes in banks' regulatory environment were reasons for leaving the crypto asset vertical.
Mining
Poolin Bitcoin mining hash rate share falls by 94% from ATH
Poolin’s recent declines can be linked to its announcement of having liquidity problems, last September.