Bittrex, Chainalysis lay off staff as BTC nears $24K
Layoffs continue in the crypto sphere despite increasing BTC prices as Bittrex and Chainalysis lays off 83 and 44 employees, respectively.
Damus social platform hits 45K members on first day
All new accounts are set to follow Damus'official page in the app, which reached over 45,000 followers on its first day.
M31 Capital bullish on BTC price, adoption in 2023 predictions
The firm also expects crypto adoption to increase further and mentions chains and NFTs might go in a new direction in 2023.
Decentralized social network Nostr launches mobile app ‘Damus’
Twitter co-founder Jack Dorsey said Damus' launch is a "milestone for open protocols."
$588M worth of unlocks scheduled for February
17 projects, including 1inch, Tornado Cash, Moonbeam, ApeCoin and Aptos will unlock a portion of their tokens throughout the month.
Avalanche network records 3.4% growth in Q4 2022
Avalanche ended 2022 with significant subnet improvements and an increased number of daily transactions.
Turkey’s Nation Alliance set for crypto adoption
Turkey's opposing coalition released its doctrine as the elections approach — which included 13 matters aiming to increase crypto adoption.
Bitcoin liquidations in last 24 hours top $160M
Data shows that a total of $160.7 million worth of BTC got liquidated in the last 24 hours.
Singapore financial watchdog’s chairman questions if regulating crypto legitimizes speculation
The Monetary Authority of Singapore's Chairman Tharman Shanmugaratnam said regulating the crypto industry would give credibility to speculation and it may be better to leave it unregulated.
60% of investors believe ETH has better growth potential than BTC – CoinShares survey reveals
A recent CoinShares survey revealed that 60% of the participants believe ETH has a more compelling growth outlook than BTC.
Gaming unique active wallets grew 60% in 2022 – on-chain transactions up 37%
Wax, Hive, and BNB chain became the most popular gaming blockchains with 353,000, 234,000, and 136,000 daily UAWs, respectively
Amazon to launch gaming-focused NFT initiative
One example of the initiative — allowing Amazon customers to play crypto games and claim free NFTs — is currently being developed.
Research: NFTs accounted for 28% of the ETH gas usage in January
The Defi, ERC20, and stablecoins categories occupy the second, third, and fourth largest share with 8%, 8%, and 6%, respectively.
Pudgy Penguins launches cross-chain transactions for Polygon, BNB Chain, Arbitrum
The project is using LayerZero to expand its current Ethereum blockchain to improve ease of access and network capability.
Four RWA lending protocols rank among top 10 lending apps with largest collected interest
TrueFi, Maple Finance, Goldfinch, and Centrifuge collected the third, fourth, seventh, and tenth largest sum in interest, respectively.
EU mandates banks to hold euro equivalent of crypto investments
The new bill was approved on Jan. 24 and will come into force January 2025.
Prosecutors seize SBF’s $50M deposit to small bank
Roughly $50 million of SBF's deposit has been seized by prosecutors – Alameda invested $11.5 million earlier in the same bank.
Circle says USDC ‘is a dollar with super powers’ at WEF, pushes for more inclusion
Circle spoke to over a dozen leaders in the World Economic Forum to "reset the crypto narrative with an emphasis on inclusive growth."
Alameda CEO Caroline Ellison takes plea deal, faces no criminal charges
A recently unsealed plea agreement shows that Caroline Ellison, the CEO of Alameda Research, pleaded guilty to seven fraud charges. In return for cooperating with authorities, Ellison faces a $250,000 fine and forfeiture of any assets she obtained from FTX money.