Month: January 2023

The two people who helped former FTX CEO Sam Bankman-Fried with his $250 million bail bond could have their identities revealed next month after a recent ruling by United States District Judge Lewis Kaplan. According to the Jan. 30 filing, Kaplan granted the application to reveal the names of the two individuals to the public. […]

Binance partners with Mastercard Inc to launch a prepaid card in Brazil. Binance Card offers a BNB cashback of up to 8.0% on eligible transactions. Binance currently identifies Brazil as one of the largest markets it serves. Mastercard Inc, on Monday, partnered with Binance to introduce a prepaid card in Brazil – the largest economy […]

Digital asset manager Osprey Funds filed suit against Grayscale Investments in Connecticut Superior Court on Jan. 30, alleging violation of the state’s Unfair Trade Practices Act. The suit concerns Grayscale advertising and promotion of the Bitcoin (BTC) exchange-traded fund (ETF) it is seeking to create.  Osprey stated in the suit that it is the only […]

UK’s Charity Commission says it opened the investigation into Effective Ventures Foundation on 19 December. FTX collapsed in November and is currently undergoing bankruptcy proceedings in the US. FTX is reported to have been a “significant funder” of Effective Ventures. The Charity Commission, the regulator that oversees charity organisations in the United Kingdom, has announced […]

Digital asset investment products saw inflows of about $117 million last week, the biggest since July 2022. Bitcoin saw almost all of last week’s digital asset investment products inflows, with $116 of the total. Total assets under management (AUM) rose $28 billion, roughly 43% from inflow lows recorded in November. Bitcoin saw the most fund […]

Coinbse Wallet has introduced transaction previews and token approval alerts to help users protect against scams. The wallet is also enhancing token approval alerts and has added Ledger hardware wallet compatibility. The goal is to protect Web3 users against NFT scams and help users protect their crypto assets. Coinbase Wallet, the non-custodial, standalone wallet provided […]

Bitcoin mining stocks usually follow BTC’s price because it directly influences the company’s earnings. These stocks were beaten down heavily in the last quarter of 2022, especially in the month of December. The downturn after FTX’s collapse worsened with the bankruptcy filings of the largest U.S.-based Bitcoin mining company, Core Scientific. During this time, other […]

Ripple gained over 16% YTD While the momentum is positive, it has yet to overcome resistance $0.3 – $0.5 are pivotal levels for XRP/USD This is the first important trading week of the year as three central banks (Federal Reserve, European Central Bank, and Bank of England) prepare to release their monetary policy decisions. Out […]

Bitcoin (BTC) struggled to maintain bullish momentum on Jan. 30 as the countdown to the monthly close kept the market nervous. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView BTC price sees flash dip below $23,000 Data from Cointelegraph Markets Pro and TradingView showed BTC/USD coming off its latest highs at just below $24,000 on the […]

Premier League and Sorare announced the four-year deal on Monday. The licensing deal is worth £120 million (about $150 million). Premier League fans will be able to buy, trade and sell digital collectibles of their favourite teams and players while playing Sorare Manager. The English Premier League has sealed a four-year licensing deal with Sorare, […]