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Cryptocurrencies operate on different fundamentals from traditional investments, and investor sentiment plays a much larger role in determining prices. Human sentiment is notoriously unpredictable and can be significantly impacted by unforeseen events. origin »
The latest price moves in bitcoin (BTC) and crypto markets in context for Jan. 5, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets. origin »
Institutional cryptocurrency infrastructure firm Securrency has hired asset management giant State Street's head of digital Nadine Chakar as its new CEO. origin »
The foundation aims to solve large-scale data storage problems with its new project. origin »
The Bitcoin Bollinger Band “squeeze” is not a firm indicator of a breakout, says the metric’s creator.
origin »The sports merchandise giant has got cold feet in the shrinking NFT market.
origin »New York’s attorney general has sued Alex Mashinsky, the former CEO of Celsius Network, for defrauding hundreds of thousands of investors by making false statements about the condition of the company to encourage money to keep coming in. origin »
The hacker had demanded $200,000 to return the breached data back in December but warned that if their conditions are not fulfilled, they will release the data for free. origin »
A United States Magistrate Judge determined that it was necessary to detain the Mango Markets exploiter before finishing the trial. origin »
A class action is seeking damages from the password manager following a data breach in August 2022.
origin »Over a dozen fake NFTs were sold on the Magic Eden marketplace due to a "massive exploit" on the platform.
origin »The Bitcoin community has yet to agree upon a universal symbol for sats, the smallest division of bitcoin. But I think I might have a winner. origin »
Lugano, Switzerland makes living on a Bitcoin standard possible with hundreds of merchants that accept BTC. origin »
Silvergate Capital Corp (NYSE: SI) shares dropped sharply on Thursday, with intraday declines as of midday more than 47% to see the crypto-focused bank’s stock trade around $11. 52. Silvergate shares fall as investors withdraw $8 billion in deposits Losses for crypto-friendly bank’s shares followed the company’s fourth-quarter report before markets opened. origin »
Silvergate today announced it was cutting down 40% of staff, amid major outflows from its platform. origin »
Oorbit, a metaverse platform focused on advancing interoperable gaming across 3D virtual worlds, has partnered with South Korea conglomerate LG Electronics to bring metaverse games to smart TVs. In an announcement on Thursday, Oorbit revealed that the partnership aims at promoting the adoption of blockchain and immersive games on LG TVs. origin »
Avraham Eisenberg, the individual behind the $110 million exploit on Solana-based platform Mango Markets (MNGO/USD), has been denied bail and ordered to remain in custody pending his trial. According to court documents released on Wednesday, Puerto Rico District Court Judge Bruce McGiven noted that Eisenberg would remain in jail as the prosecution had proved the […] The post Mango Markets exploiter denied bail appeared first on Invezz. origin »
Over half a million dollars in XRP traded hours after relisting on Bitmart origin »
Even as cryptocurrency news this week were dominated by headlines around the arraignment of disgraced former FTX CEO Sam Bankman-Fried, a viral token dubbed Bonk Inu (BONK/USD) was making waves across the meme coin market. origin »
Many investors expect the crypto exchange to gain market share in the wake of rival FTX's collapse and prefer to express their view via structured products that offer enhanced coupon with downside protection, Marex Solutions' Ilan Solot said. origin »
Multiple local governments across Canada have started to make life much harder for bitcoin miners. origin »
Cleanspark’s December 2022 mining update examines the company’s year at large as well as the operations of the previous month. origin »
Genesis Trading, the cryptocurrency brokerage and lender that halted customer withdrawals in the aftermath of FTX collapse, believes it can sort out its financial problems. However, it needs more time in order to accomplish this, the troubled crypto lender’s interim CEO Derar Islim said. origin »
The $1 billion transaction has also been opposed by the Securities and Exchange Commission and Texas regulators origin »
The crypto-focussed bank is writing off its acquisition of Diem's assets. origin »
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