Month: January 2023

Aside from the bullish crypto market rally in January, there’s been more positive industry news as the month saw a decline in losses from exploits compared to the same time last year. According to data from blockchain security firm PeckShield on Jan. 31, there were $8.8 million in losses from crypto exploits in January. There […]

Founder of “My Big Coin” and convicted fraudster Randall Crater has been sentenced to 100 months in prison and has been ordered to pay over $7.6 million to the victims of his fraudulent scheme.  The U.S. Department of Justice (DOJ) said on Jan. 31 that Crater was sentenced by United States District Court Judge Denise […]

HSBC posted crypto-related job openings on its career page today. Peers have already launched crypto products in recent years. Shares of the largest European bank ended slightly down on Tuesday. HSBC Holdings plc was in focus today on reports that the largest European bank was now ready to venture into cryptocurrencies. HSBC posts crypto-related job […]

Bitcoin (BTC) had a rough year all throughout 2022. But fresh on-chain and futures market data show positive signs that the leading cryptocurrency by market capitalization has started to recover. After a bevy of short liquidations, the futures market is pointing toward renewed equilibrium. According to data from Glassnode, short position liquidations cleared out unhealthy […]

Court-appointed examiner Shoba Pillay submitted her final report on select aspects of operations at bankrupt cryptocurrency Celsius on Jan. 31. The document was commissioned on Sept. 29 and is 470 pages long, not counting the 31 appendices. Pillay is a former federal prosecutor and partner at law firm Jenner & Block. She looked at how […]

NOIA is the native token of Syntropy, a distributed routing protocol for the Internet. The token’s price surged 168% from its December lows and one analyst says bulls are likely to aim for more. Sentiment is bullish for Syntropy ahead of its public network launch. Cryptocurrencies are looking to end January on a winning note, […]

Core Scientific is seeking emergency relief from the bankruptcy court for it to secure a replacement loan facility. According to court documents, the miner has agreed to a $70 million credit facility from investment banking firm B. Riley. The company will use the funds to pay off an existing loan to avoid defaulting, Core Scientific, […]

The “Zhejiang” public withdrawal testnet will then be followed by the Shanghai testnet. This is the first major upgrade since the Merge upgrade. The “Zhejiang” allows tools to test how to collect and display ETH withdrawal information. Ethereum Foundation developer Parithosh Jayanthi has confirmed via a Twitter post that the “Zhejiang” public testnet will be […]

This week on The Market Report, the resident experts at Cointelegraph discuss Bitcoin’s (BTC) impressive January rally and whether there are any indicators that suggest it could continue in February. We start off this week’s show with the latest news in the markets: Best January since 2013? 5 things to know in Bitcoin this week […]