Crypto Industry watch

Circle has released its reserve report for December 2022 highlighting over-collateralized asset holdings currently backing 44.5 billion USDC tokens in circulation. USD Coin (USDC) issuer Circle has released an accountant-verified…

Multi-month BTC price highs keep trickling in, but Fed volatility looms as the FOMC coincides with the Bitcoin monthly candle close. Bitcoin (BTC) starts a key week with a familiar…

Luxury brand Hermès filed a suit against digital artist Mason Rothschild after the artist released his Metabirkins NFT collection depicting the company’s Birkin bag product without permission. The trademark infringement…

The community has been divided as to whether the nonfungible token-like “digital artifacts” are the right fit for the Bitcoin space. The recent launch of a nonfungible token (NFT) protocol…

An internal conflict at the privacy-focused Secret Network has resulted in at least one validator throwing in the towel. A major validator for the privacy smart contract layer-1 blockchain Secret…

The Filipino securities regulator is moving to enact tighter rules on crypto, crypto companies and other financial products using blockchain technology. The Philippines Securities and Exchange Commission (SEC) is seeking…

The price of one Bitcoin (BTC) in Nigeria has skyrocketed to the equivalent of $38,000 in the local currency, the naira. The price of Bitcoin (BTC) in Nigeria has skyrocketed…

The scammer referred to their pseudonym during a blockchain message argument that may have revealed their actual identity, according to CertiK. Blockchain security firm CertiK believes to it has found…

Australia’s financial regulator raised concerns about FTX Australia not long after it began operations last March, according to documents. Australia’s financial regulator reportedly raised concerns over FTX’s local Australian subsidiary…

Bitcoin’s huge price surge in January has meant that 64% of Bitcoin investors are in profit, according to data from IntoTheBlock. Bitcoin (BTC) has just clocked its 11th consecutive day…

The high court will now decide whether to declare the “crypto bill” unenforceable or to approve it with modifications. Panama’s crypto bill saga has reached a new chapter, with the…

Bitcoin bulls look to push BTC price to $24,000 and in doing so, LTC, AVAX, APT and FTM could extend their monthly gains. Bitcoin (BTC) has rallied nearly 40% so…

Three main addresses sent 17,278 Ether to six exchanges, which managed to freeze at least some of the stolen funds. North Korean exploiters behind the Harmony bridge attack continue to…

Bitcoin bulls have everything to play for as the weekly and monthly closes decide what could be Bitcoin’s best January in ten years. Bitcoin (BTC) spiked into key liquidity for…

The “Virtual Currency Tracking System” will be used to monitor transaction history, extract information related to transactions and check the source of funds before and after remittance. The Ministry of…

Aronow said he would still contribute as a board member and strategic adviser. However, his priority will be getting the best medical treatment he can to recover fully. Nonfungible token…

FTX will be the subject of a U.S. Senate hearing, authorities take HashFlare founders into custody and New York finalizes its PoW ban. Top Stories This WeekFTX creditor list shows…

A court filing shows that some conditions apply to the coupons, making them useless for Core Scientific’s business. Bankrupt Bitcoin (BTC) mining firm, Core Scientific, filed an emergency motion on…

Sam Bankman-Fried’s lawyers claim he was not involved in previous unauthorized transactions and should have access to company assets. Sam Bankman-Fried’s legal team is seeking to remove a bail condition…

TradFi firms with expertise in risk management may soon “fill the void” left by bankrupt crypto lenders, a Duke finance professor predicts. Is crypto lending dead, or does it just…

The U.S. will pay over $1 trillion in debt interest next year, the equivalent of three or more Bitcoin market caps at current prices. Commentators believe that Bitcoin (BTC) bulls…

The IRS’s recommendation to check “Yes” boils down to receiving, earning, transferring or selling cryptocurrencies for any monetary benefit, including mining and staking. With the deadline approaching for filing the…

Market analyst Cole Garner suggests that Bitcoin bulls are in for a treat amid an ongoing BTC price renaissance. Bitcoin (BTC) remains firmly “bullish” at $23,000, according to new on-chain…

While the reluctance of traditional players is a deterrent to crypto’s adoption in the short term, CZ argues that the decision might backfire over the next two decades. As traditional…

The Biden administration touted its comprehensive framework and encouraged regulators and Congress to tighten the screws on crypto in a new statement. The White House released a statement on Jan.…

It’s alleged that the former FTX CEO attempted to arrange a “constructive relationship” with the current General Counsel of FTX US, Ryne Miller. Federal prosecutors have requested that former FTX…

January has been a rough month for Silvergate, with the dividend halts coming just a few weeks after it announced a Q4 2022 loss of $1 billion and laid off…

Most of the funds stolen were from a single wallet, with $751,321.80 in USDC drained from the malicious link. Azuki, a popular nonfungible token (NFT) project, had its Twitter account…

California DMV’s chief digital officer, Ajay Gupta, emphasized that the agency is looking to modernize its current systems and bring greater transparency to car title transfers. The California Department of…

Bad news continues to dominate crypto media headlines, but Bitcoin and the broader market appear not to care. Despite the recent negative crypto and macroeconomic newsflow, the total cryptocurrency market…