Biggest Movers: SHIB Jumps 13% on Saturday, Hitting a 4-Month High
Shiba inu extended recent gains into the weekend, as the meme coin rose to its highest point in four months. Today’s surge saw prices climb by as much as 13%, and comes despite cryptocurrency markets mostly consolidating. Dogecoin also moved higher, breaking out of a...
How to protect against crime in the metaverse
To protect against crime in the metaverse, take precautions, such as using secure passwords, and report suspected criminal activities to law enforcement. How to protect yourself in the metaverseTo protect yourself in the metaverse, use strong passwords, be cautious of...
Bitcoin clings to $23.5K as trader says BTC 'identical' to 2020 breakout
Bitcoin is far from turning everyone bullish, but several sources point to classic bull market structures now in place on BTC price charts. Bitcoin (BTC) circled $23,500 on Feb. 4 as bulls refused to give up support in out-of-hours trading.BTC/USD 1-hour candle chart...
Tax strategies allow crypto investors to offset losses
Reporting cryptocurrency when filing taxes can help investors offset their losses. 2022 was tough for the crypto market. A recent report published by security services platform Immunefi found that the crypto industry lost a total of $3.9 billion in 2022. Detrimental...
Top 10 most famous computer programmers of all time
Computer programming has made the impossible possible. Read about the top 10 computer programmers to date. For computer programs and mobile applications, programmers must develop code. In order to keep things working properly, they are also involved in maintaining,...
Bitcoin, Ethereum Technical Analysis: ETH Remains Near $1,700 to Start the Weekend
Ethereum continued to trade close to a key resistance level of $1,700 on Saturday, following Friday’s U.S. non-farm payrolls (NFP) report. Yesterday’s report showed that 517,000 jobs were added to the U.S. economy in January, better than the 185,000 many...
Egyptian Fintech MNT-Halan Secures $400 Million in Funding, Valuation Rises to Over $1 Billion
Egyptian fintech MNT-Halan announced on Feb. 1 that it had raised over $340 million via debt and equity and it expects to raise an additional $60 million from leading international investors. The latest funding round sees MNT-Halan’s valuation rise to over $1...
Sri Lanka against Bitcoin adoption, rejects Draper’s anti-corruption pitch
Central bank Governor Nandalal Weerasinghe believes that adopting decentralized cryptocurrencies would worsen the country’s economic situation. On a recent visit to Sri Lanka, American billionaire Tim Draper pitched the idea of adopting Bitcoin (BTC) as a legal tender...
Kazakhstan Launches Consultation on Proposals to Improve Crypto Trading
Financial authorities in Kazakhstan are starting a public consultation on draft changes to the country’s framework for digital-asset trading. The proposals include measures to reduce risks in the crypto market and improvements to the structure of exchange platforms....
Samsung Is Preparing Its Own Metaverse Hardware in Partnership With Google and Qualcomm
Samsung, the Korean electronics company, has revealed it is working to build its own metaverse and extended reality devices, hinting at the possibility of the launch of a VR headset in the near future. TM Roh, head of Samsung mobile experiences business, stated that...
Little Shapes was a ‘social experiment’ to expose NFT botnets: founder
In a 158 document, the team behind Little Shapes alleged that NFT scammers utilized bot networks to rug-pull "$200 million+ out of the ecosystem.” Atto, the pseudonymous founder behind Little Shapes NFT has revealed that the project was actually a “social experiment”...
Meta Calls 2023 a ‘Year of Efficiency;’ Anticipates More Losses in Its Metaverse Division
Meta, the company that owns Facebook, Instagram, and Whatsapp, has shared its fourth quarter results, reporting better numbers than expected. While the company beat revenue estimates, CEO Mark Zuckerberg declared 2023 a “Year of Efficiency,” hinting at a...
The world must take a 'collective action' approach to regulations – suggests India’s Finance Minister
Nirmala Sitharaman hopes that finance ministers and central bank governors will be able to agree on crypto regulations in the G-20 meeting in Bengaluru later this month. India’s Finance Minister, Nirmala Sitharaman, stated that regulation “cannot be done” by a single...
Binance Says Indian Crypto Exchange Wazirx Can No Longer Use Its Wallet Services
Binance has announced that Indian crypto exchange Wazirx can no longer use Binance wallet services. Zanmai, the operator of Wazirx, has until Feb. 3 “to remove the funds from the accounts that they used for Wazirx’s operations.” The move followed a...
Protocol Labs, Chainalysis and Bittrex add to crypto layoff season
Crypto execs suggested that the "extremely challenging" times forced them to cut jobs in order to “weather this extended" crypto winter. Several crypto firms have made job cuts this week amid the ongoing crypto winter, retaining “impactful” employees as they prepare...
FBI seizes $100K in NFTs from scammer following ZachXBT investigation
The seized property included a Bored Ape Yacht Club and Doodles NFT, 85.6 Ether and a flashy Audemars Piguet watch which ultimately helped ZachXBT identify the alleged scammer. The Federal Bureau of Investigation (FBI) has seized two non-fungible tokens (NFTs) worth...
Hackers Stole $3.8 Billion From Crypto Firms in 2022, Says Chainalysis
Blockchain analytics firm Chainalysis says 2022 was “the biggest year ever for crypto hacking,” with $3.8 billion stolen from cryptocurrency businesses. The firm added that decentralized finance (defi) protocol hacks accounted for 82.1% of all...
Takashi Murakami to Release Collection of 13 NFTs Linked to Physical Hublot Watches
Twelve of the thirteen timepieces will be made exclusively available to holders of Murakami and Hublot’s previous NFT collection. Original Source: coindesk Takashi Murakami to Release Collection of 13 NFTs Linked to Physical Hublot Watches
Binance Returns to Korean Crypto Market — Invests in Troubled Exchange Gopax
Binance has returned to the South Korean cryptocurrency market after two years with a “meaningful” investment in a local, licensed crypto exchange. Gopax fell into trouble following the collapse of crypto exchange FTX and the bankruptcy filing of crypto...
The White House Is Concerned About Crypto
The White House published a statement warning about the risks of cryptocurrencies, pointing to last year’s various collapses. I spoke to an administration official about the statement and what it means. Original Source: coindesk The White House Is Concerned About...
Bitcoin NFT Mints Are Rising—But So Are Transaction Fees
Bitcoin users are putting assets on-chain, similar to NFTs on Ethereum, but there’s a cost to the increased activity. Original Source: decrypt Bitcoin NFT Mints Are Rising—But So Are Transaction Fees
The IBM–Maersk blockchain effort was doomed to fail from the start
Observers can learn a few things from the failed effort by IBM and Moller-Maersk to develop TradeLens, a blockchain-enabled global trading platform. Blockchain projects continue to experience failure rates in excess of 90%, and it seems that with every passing moment,...
Bill Murray Walks Into a Members-Only NFT Party: I Thought It Was the 'National Federation of Tennis’
The actor first's NFT event was "far more fun" than a family picnic, he told Decrypt—and holders appeared to agree. But can it be replicated? Original Source: decrypt Bill Murray Walks Into a Members-Only NFT Party: I Thought It Was the 'National Federation of...
Sam Bankman-Fried's Emergent Fidelity Technologies Files for Bankruptcy
Emergent is owner of 56 million shares of online brokerage Robinhood. Original Source: coindesk Sam Bankman-Fried's Emergent Fidelity Technologies Files for Bankruptcy
Decentralized Lending Protocol Centrifuge Accrues $6M Unpaid Debt
Fintech investment firm 1754 Finance, the originator of the debt pool with the most distressed loans, said it is liquidating the assets off-chain and negotiating with borrowers for repayments. Original Source: coindesk Decentralized Lending Protocol Centrifuge Accrues...
Experts Predict Future Regulation of Crypto Exchanges by 2025, With Split Opinion on Similarity to Traditional Finance
Following finder.com’s reports on bitcoin and ethereum predictions, the product comparison site polled 56 specialists in the fintech and cryptocurrency industry to gauge their thoughts on future regulation of crypto exchanges. The experts predict that virtual...
Jack Dorsey-Backed Decentralized Twitter Alternative Damus Banned in China
The app, which had only debuted Tuesday, is built atop Nostr, a decentralized social media protocol. Original Source: decrypt Jack Dorsey-Backed Decentralized Twitter Alternative Damus Banned in China
Sam Bankman-Fried's holding company files for bankruptcy
Emergent Fidelity Technologies filed for Chapter 11 in U.S. Bankruptcy Court for the District of Delaware to pursue a “form of joint administration” between its case and FTX's. Emergent Fidelity Technologies, a Sam Bankman-Fried holding company based in Antigua and...
Filecoin Creator Protocol Labs Cuts 21% of Staff
Protocol Labs, the company behind decentralized file storage network Filecoin, is laying off 21% of its staff, CEO Juan Benet announced in a blog post on Friday. Original Source: coindesk Filecoin Creator Protocol Labs Cuts 21% of Staff
Filecoin Parent Company Protocol Labs Cuts 21% of Staff
Protocol Labs, the company behind decentralized file storage network Filecoin, is laying off 21% of its staff, CEO Juan Benet announced in a blog post on Friday. Original Source: coindesk Filecoin Parent Company Protocol Labs Cuts 21% of Staff
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