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NFT Market Share Battle Ramps Up Between OpenSea and Blur
The number of sales on Blur for the week ending on Feb. 6 stood at 20,603, roughly 9% of OpenSea’s total number of sales, which sits around 228,000, according to Nansen data. And when looking at the number of wallets interacting with the…
Bitcoin Rises to $23.3K as Powell Repeats ‘Disinflationary’ Comment
While the "disinflationary process" has started, it will take a good deal of time before the U.S. Federal Reserve is ready to declare victory in its fight against rising price levels, said Jay Powell, discussing the economy with Carlyle…
Crypto Firms Banned From Super Bowl Television Ads This Year: Report
News television channel Fox said Monday that it barred cryptocurrency commercials in this year’s Super Bowl on February 12th following the collapse of crypto exchange FTX, the New York Post reported earlier.
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Bitcoin Miners Hut 8, US Bitcoin Corp. Announce Merger
"This Transaction has given us the opportunity to leverage the significant, unencumbered Bitcoin stack we have HODLed to date," said Hut 8 CEO Jaime Leverton, adding that the firm will be selling a portion of its mined bitcoin to fund…
Signature Bank Sued for ‘Substantially Facilitating’ FTX Comingling
Statistica Capital, an algorithmic trading firm, and Statistica Ltd. claim the bank "had actual knowledge of and substantially facilitated the now-infamous FTX fraud," according to a filing in the U.S. District Court for the Southern…
North Korea Crypto Theft Hit Record High Last Year, UN Says: Reuters
The estimated value of stolen crypto asset ranges from $630 million to more than $1 billion.
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Crypto Custody Tech Firm Metaco Taps IBM Execs to Revamp Institutional Push
The Swiss crypto tech provider hired IBM’s Peter DeMeo as head of product, as well as former IBM lead architect, Angel Nunez Mencias.
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DCG Is Selling Holdings in Grayscale: Financial Times
According to the FT report citing filings, DCG's recent share sales have focused on the ethereum fund, where the group has moved to sell about a quarter of its stock to raise as much as $22M in several trades since January 24. The…
Crypto Bank Juno Resumes Services After Pause
In addition to resuming its crypto services, the bank has also debuted several new features. Those include support for more than 35 additional cryptocurrencies such as SOL, ADA, SHIB snd DOGE, and the reduction of spreads on new and…
DCG Creditor Pact Revealed With Plan to Sell Genesis Trading Unit as Part of Bankruptcy
"Under the settlement, DCG would contribute that entity, , to ... that will happen on the effective date," O'Neal said. "In the meantime, during these cases, we will actually be marketing and trying to sell not only the debtors' assets,…
