On January 18th, the Department of Justice, US Attorney’s Office Eastern District of New York published a press release that stated that Anatoly Legkodymov was arrested on January 17th in Miami, Florida. Assistant Attorney General Polite stated, “As alleged, the defendant helped operate a cryptocurrency exchange that failed to implement anti-money laundering safeguards and enabled criminals […]
Bots are critical a critical tool for retail investors
Bots help remove emotions from trading. Functions like these make them even more valuable for neophyte traders than for experts.
Will Optimism’s [OP] upgrades be enough to sustain the L2 race? Analyzing…
Optimism’s TVL lagged behind Arbitrum despite upgrades to protocol. Synthetix adoption drove transaction growth on Optimism, but daily active address suggested a decline in overall activity. Despite Optimism [OP] having the first mover advantage in the Layer 2 solutions space, newer solutions such as Arbitrum have outperformed the former in terms of Total Value Locked […]
FTX-linked Moonstone bank to exit the crypto space
Following the collapse of FTX, the company has decided to rebrand and exit the crypto space.
ConsenSys faces audit at shareholder request
Ethereum development firm ConsenSys will be audited at the request of its shareholders, according to a report from Finextra on Jan. 18. ConsenSys allegedly transferred business products and units between its Switzerland- and U.S.-based corporations in a transaction called “Project Northstar.” That transfer allowed ConsenSys’s U.S. division to raise $715 million from 2020 to 2022. […]
New Hampshire Commission Recommends Statewide Bitcoin Mining Energy Plan
A commission out of New Hampshire has found that the positive impacts of bitcoin mining on the electricity system are worthy of further consideration. New Hampshire (NH) Governor Chris Sununu’s “Commission On Cryptocurrencies And Digital Assets” has returned results that suggest the NH Department of Energy create a public review of how bitcoin mining operations […]
1inch Network unveils new hardware wallet
Popular decentralized exchange aggregator 1inch Network has now introduced its multi-coin hardware wallet, expanding the possibilities inside its ecosystem.
ConsenSys and Amber Group Join List of Companies Dismissing Employees
ConsenSys – a blockchain software technology company – and Amber Group – a cryptocurrency platform based in Singapore – are the latest entities in the digital asset sector to announce staff layoffs. The former will trim its team by approximately 11%, while the latter reportedly plans to reduce its Hong Kong division by 50%. Adjusting […]
Davos crypto community condemns FTX and SBF
The crypto community at Davos has sought to disassociate itself from FTX’s abrupt demise and its co-founder Sam Bankman-Fried.