January 16, 2023

After Losing Coins, Bitcoin Core Dev Starts to Doubt Self-Custody

Bitcoin Core developer Luke Dashjr is having doubts about the safety of Bitcoin’s existing storage solutions after his personal wallet was drained of over $4 million in coins last month. The programmer suggested that his practice for storing his coins was well in excess of “standard practices,” and yet he was still successfully robbed.  Is...
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Bitcoin Fear and Greed Index Rises to ‘Neutral’ for the First Time in 9 Months

The Bitcoin Fear and Greed Index – a metric that determines the community’s general sentiment on the primary cryptocurrency – spiked to a state of “Neutral” for the first time in nearly nine months. The increase comes as a result of BTC’s positive start in 2023. At Last, out of the ‘Fear’ Zone The Bitcoin...
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Nexo Turmoil Causing Tension in Bulgarian Parliament

The scandal around the cryptocurrency lending platform Nexo has triggered a massive verbal fight between the leading political parties in Bulgaria. GERB (the party that ruled between 2009 and 2021) alleged Democratic Bulgaria and We Continue the Change of having close ties with the distressed entity and even receiving significant donations from it. On the...
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Su Zhu and Kyle Davies Raising $25M for a Crypto Exchange: Report

The two people behind the now-bankrupt crypto hedge fund Three Arrows Capital are reportedly planning to launch a new exchange and want to raise $25 million from investors. The name of the new project will be GTX and will have a somewhat controversial relation to FTX. Citing two pitch desks, The Block reported that GTX’s...
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Crypto News Live: Are Bitcoin Miners Preparing for a Massive BTC Price Pullback? 

With the crypto space witnessing some relief from the bearish trend, the Bitcoin miners quickly started accumulating. This amplified the price smashed above $21,000 and also reached close to $21,500. However, the price is facing a minor pullback at the moment which is considered a minor correction, but some on-chain data shows that the miners...
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How a Popular NFT Influencer Lost Lifechanging Money to a Scam

Fraudulent entities are increasingly targeting the Google Ads platform to spread malware to unsuspecting users searching for popular software products. A pseudonymous NFT user, “NFT God,” is the latest victim of one such fraud. They claimed to have had their “entire digital livelihood” violated as a result. Losing a Life-Changing Amount It all started when...
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SHIB Soars to 2-Month High on Shibarium Launch Update

With the crypto markets seemingly on track to recovery, the Shiba team decided to announce what the Shibarium Network has in store. Although the team did not state an exact date for the release of Shibarium’s Beta – and made it clear that they would not be dropping hints when it will be – they...
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Bitcoin Mining Difficulty Surges 10% to New ATH as Miners Return

Bitcoin miners got crushed in 2022. What seemed like a year of sufficient capital for expansion, high energy prices, increasing competition, and a bear market knocked several mining giants off. After the winter slumber, Bitcoin miners are back again as mining difficulty noted over a 10% surge from 34.09 trillion to 37.59 trillion, according to...
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North Korean Lazarus Group Moves $64M ETH From Harmony Hack

The Lazarus Group has been moving its spoils from the Harmony Bridge hack this weekend. On Jan. 16, blockchain sleuth ‘ZachXBT’ posted details of the movements of large amounts of Ethereum. The crypto assets originated from the anonymizing service Tornado Cash and went through Railgun. Railgun is a smart contract privacy platform that uses zero-knowledge...
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Hong Kong to Publish Approved List of Crypto Assets for Retail Trading: Report

Regulators in Hong Kong will soon decide which crypto tokens its citizens can invest in amid a raft of new digital asset policies coming this year. The move is the latest crypto regulatory step taken by Hong Kong in a market that has a long association with significant digital asset trading volume. Hong Kong to...
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