It’s been a smidge over a year since Mastercard acquired CipherTrace. To celebrate this milestone, I sat down with Dave Jevans, founder and EVP of CipherTrace, and Johan Gerber, Mastercard’s EVP for Cyber and Security Innovation, to talk about everything we’ve accomplished, the challenges and the path ahead. While hailing a taxi in Barcelona, Dave was almost run over by a bus. Most people in that situation might see their lives flash […]
Bonk token goes bonkers as traders chase after high yields in the Solana ecosystem
Traders are piling into BONK, boosting its price by triple-digits in the last 24-hours and possibly hinting at a trend reversal in Solana price.
Core Scientific to Shut Down 37,000 Bitcoin Mining Rigs Belonging to Bankrupt Crypto Lender Celsius
Core Scientific plans to shut down 37,000 bitcoin mining rigs belonging to now-defunct crypto lender Celsius, according to an agreement between the two bankrupt firms. Celsius owes Core Scientific approximately $7.8 million for energy and hosting costs, as the crypto lender has been unable to make regular payments as outlined in the hosting contract. Celsius […]
Bitcoin sticks to its bearish patterns despite miners revising their operations
Bitcoin miners added over 3,000 BTC to their reserves An analyst predicted a drop in value due to the RSI and Open Interest stance For most of 2022, Bitcoin [BTC] miners’ activities revolved around selling as their operations became less profitable. However, as the king coin celebrated its 14th year, some miners changed the past […]
Celebs who got burned endorsing crypto and those that got away with it
Screen actors and sports stars copped most of the backlash for 2022’s crypto endorsements, while soccer legends appear to have gotten away with it.
Sports Giant Fanatics Sells Off Its Majority Stake in NFT Startup Candy Digital
Fanatics has sold its 60% share in Candy Digital to a group of investors led by Galaxy Digital, CEO Michael Rubin told staff.
Fed plans to keep raising interest rates in 2023 but at a slower pace
Officials at Dec. 13-14 FOMC meeting agreed to continue increasing the cost of credit in 2023 but gradually to limit economic growth risks. The FOMC meeting declared: “No participants anticipated that it would be appropriate to begin reducing the federal funds rate target in 2023.” According to the minutes of the meeting, released on January […]
G7 economies move into development stage of CBDCs
As of December 2022, all G7 economies had moved into the development stage of a central bank digital currency, according to the Atlantic Council (AC). The AC found that — despite slow development progression — “11 countries have fully launched a digital currency.” China’s CBDC pilot is set to expand to most of the country […]
Millions in transactions raise questions about Sam Bankman-Fried
Sam Bankman-Fried, or someone with access to his wallets, allegedly transferred millions in previously unreported funds.
Binance.US’ Voyager assets acquisition hits roadblock with SEC interruption
The United States Securities and Exchanges Commission (SEC) has filed a limited objection to Binance US’ Voyager assets acquisition. The American crypto exchange won the bid to acquire the bankrupt crypto platform’s assets on December 19, 2022. The bid for Voyager’s assets was a whopping $1.022 billion, with Binance.US even agreeing to cover Voyager’s costs […]