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Digital Currency Group under investigation by U.S. authorities: Report
U.S. authorities are reportedly investigating internal transfers from Digital Currency Group to its subsidiary Genesis....

Bitcoin, Sango Coin and the Central African Republic
The Central African Republic adopted Bitcoin and swiftly created its own token, Sango Coin. But where did Sango Coin come f...

Wyre imposes up to a 90% withdrawal limit for all users
Wyre imposed a daily withdrawal limit on its platform subject, citing “the best interest of our community.”

Ferrari cuts ties with crypto sponsor ahead of 2023 Formula One season
The Ferrari-Velas partnership from 2021 — set at $30 million a year — was aimed at increasing fan engagement through nonfun...

FTX asset sales challenged by U.S. Trustee: Report
A U.S. Trustee filed an objection to plans by FTX to sell its units in Europe and Japan, among other businesses....

SBF pleads not guilty, crypto layoffs, and bank run on Silvergate: Hodler’s Dige...

Hedge funds subpoenaed by U.S. prosecutors as Binance probe unfolds: Report
United States prosecutors are investigating hedge funds' relationships with cryptocurrency exchange Binance for money-laund...

Sam Bankman-Fried's charitable donations sought by FTX: Report
FTX's new management is seeking to recover millions of dollars donated by Future Fund and SBF.

Using blockchain technology to combat retail theft
Blockchain technology may be a solution when it comes to anti-theft measures for retailers.

OpenAI will lead to better art and narration in Web3 games — Immutable exec
Alex Connelly says the technology provides “very cool storytelling opportunities.”

Bitcoin price nears 3-week high as trader says sub-7% CPI may see $19K
Bets are increasing on a push higher for Bitcoin and on BTC price action defining the current range as its macro bottom....

Metaverse to possibly create $5T in value by 2030: McKinsey report
The success of Metaverse will rely on a greater focus on maximizing the human experience aimed at delivering positive exper...

Bluechip NFT project Moonbirds signs with Hollywood talent agents UTA
PROOF Co-founder Kevin Rose announced the deal via Twitter on Jan. 6, noting that the aim is to get the Moonbirds brand rec...

SuperRare cuts 30% of staff as growth slows during crypto winter
Despite only being a week into the new year, SuperRare adds to a number of firms announcing staff cuts such as Huobi and Ge...

Mastercard partners with Polygon to launch Web3 musician accelerator program
The program will help five emerging artists set up and manage their brands in the Web3 space, and is also aimed at educatin...

NFT project accepted $3M to move its collection to Polygon
The team had previously announced the move, but had not revealed the cash deal.

$3.9 billion lost in the cryptocurrency market in 2022: Report
The report from Immunefi revealed hacks to have been the main cause of related losses.

FTX collapse may boost 'further trust' in crypto ecosystem — Nomura exec
Jez Mohideen, co-founder and CEO at Laser Digital, argued that traditional financial companies entering the crypto space wi...

Silvergate gets more bad news as Moody’s slashes its ratings
The beleaguered bank was allegedly moving money between FTX and Alameda; then it sold debt at a discount and sacked employe...

FTX, Bahamian FTX DM reach agreement on info sharing, disposition of property, a...
The sides had been at odds over numerous issues and have agreed to keep working on the remaining open questions they face....

Macroeconomic data points toward intensifying pain for crypto investors in 2023
Chances of a crypto bull market in 2023 decrease as the Fed maintains a hawkish stance and threats of a recession in the U....

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