World Bank Report Forecasts Bleak Global Economic Outlook, Citing ‘Adverse Developments’ and ‘Long-Lasting Slowdown’
On Jan. 10, 2023, the World Bank published its Global Economic Prospects report, stating that the outlook for the global...
Bitcoin News
US Arrests ‘Mutant Ape Planet’ NFT Creator in $3M ‘Rug Pull’ Scheme to Defraud Crypto Investors
The U.S. government has arrested and charged the creator of “Mutant Ape Planet” non-fungible tokens (NFTs) for allegedly defrauding crypto...
Tron’s USDD Stablecoin Experiences Fluctuations Again, Drops Below $1 Parity in Early 2023
The Tron-based stablecoin USDD fell below $1 parity again during the first week of 2023 and on Jan. 10. Four...
Study Reveals South Korea’s ‘Kimchi Premium’ Strongly Linked to International Remittances to China
A newly-released study published in December 2022 reveals that South Korea’s “kimchi premium,” the divergence in cryptocurrency valuations on Korean...
Former FTX Director of Engineering Under Scrutiny by US Law Enforcement, Alleged Proffer Sessions Held With Prosecutors in New York
U.S. law enforcement officials are reportedly scrutinizing Nishad Singh, the former director of engineering at FTX, according to a report...
Gemini Co-Founder Accuses Digital Currency Group of Misrepresentation, Demands CEO Resignation
Gemini CEO Cameron Winklevoss has published another open letter on Twitter, addressed to the board members of Digital Currency Group...
Biggest Movers: SHIB Surges to 5-Week High, APE up for Fifth Straight Day
Shiba inu moved to a five-week high during Tuesday’s session, despite cryptocurrency markets mostly consolidating. As of writing, the global...
Ethereum Developers Prepare to Deploy Shanghai Public Testnet, Focus on Staked Ether Withdrawals
According to the Jan. 5, 2023 All Core Devs (ACD) meeting, Ethereum developers are preparing to deploy a public testnet...
Bitcoin, Ethereum Technical Analysis: ETH Above $1,330, Consolidating Recent Gains
Ethereum mostly consolidated during Tuesday’s session, as prices continued to trade close to recent highs. Following a move to a...
Cryptocurrency Rose Ranks in Popularity as Investment Option in Chile in 2022
Cryptocurrencies rose in popularity in Chile, according to a survey from global consulting firm Bain & Company. The survey found...
New Nigerian Central Bank Document Discusses Regulation of Stablecoins and ICOs
According to a recently unveiled document, the Nigerian central bank will in the future be open to developing a regulatory...
Prices in Dollars Rose Almost 54% in Venezuela During 2022
Prices in Venezuela have been rising steadily even when denominated in foreign currency. According to data collected by Ecoanalitica, a...
Hong Kong Reaffirms Commitment to Become Regional Crypto Hub
Hong Kong has reaffirmed its commitment to become a regional crypto hub in following the collapse of cryptocurrency exchange FTX....
Huobi Korea Plans to Cut Ties With Parent Company, Strengthen Domestic Presence
According to a report from South Korea, the Korean subsidiary of Huobi Global is planning to cut ties with the...
Smart Contract Platform Tokens See Double-Digit Gains, Boosting Defi TVL Above $40 Billion
Decentralized finance (defi) and smart contract platform tokens rallied on Monday morning (ET) and the total value locked in defi...
