Adoption
Regulation
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.
Legal
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.
Stablecoins
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."
Adoption
Chainway launches Proof of Innocence protocol for Tornado Cash users
Chainway's Proof of Innocence protocol helps honest users maintain anonymity while proving funds legitimacy.
Mining
TON validators to determine suspension of inactive miner wallets
The vote will begin on Feb. 21, with a total balance of the inactive addresses adding up to 1.08 billion TON coins.
Tokenization
Bitcoin back to 15th-largest market cap following fall to 26th in 2022
With $441.53 billion, BTC holds the 15th largest market cap, while ETH climbs back to 56th place from 77th.
Adoption
Coinbase CEO suggests BTC as alternative to proposed new S. American currency ‘sur’
Argentina and Brazil are preparing a joint venture to establish a shared common currency to remove reliance on US Dollar.
Banking
Binance says Signature Bank will introduce $100k transaction limit
Binance reported that Signature Bank won't issue crypto transactions worth less than $100,000 starting February 1, 2023.
Trading
STG price surges 45%, insider trading suspected
On-chain data revealed four wallets bought a total of 266,200 STG right before the price surge and made $49,954 in profit.
Stablecoins
Ethereum stablecoin dominance reaches 3-month high
Ethereum's dominance over stablecoins strenghtens as the ETH price surpasses $1,600.
Analysis
Metrics indicate bullish sentiment as illiquid Bitcoin supply reaches 80%
MVRV-Z and Realized Price charts agree that the market bottom has been reached.
Analysis
BNB Chain deployed the most dApps in 2022, while Ethereum led the pack for NFT transactions
BNB Chain deployed 2,163 dApps, while Ethereum recorded 21.2 million NFT transactions during 2022.