For The U.S., Bitcoin Is A National Security Opportunity, Not A Threat
https://bitcoinmagazine.com/culture/bitcoin-is-national-security-for-u-s
Recognizing the importance of digital currency in its recent National Security Strategy, the White House should consider embracing a bitcoin standard.
Ex-FTX Lawyer Cooperated With US Prosecutors, Reuters Reports, Citing Source Familiar
https://www.coindesk.com/policy/2023/01/05/ex-ftx-lawyer-cooperated-with-us-prosecutors-reuters-reports-citing-source-familiar/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
Former FTX lawyer Daniel Friedberg provided information on FTX at a meeting on Nov. 22 with the U.S. Justice Department, FBI and the SEC, the source said.
First Mover Asia: Bitcoin Rises, Cryptos Savor FOMC Data
https://www.coindesk.com/markets/2023/01/05/first-mover-asia-bitcoin-rises-cryptos-savor-fomc-data/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
ALSO: Japanese gaming company Square Enix’s commitment to invest in Web3 initiatives is rare in a country, whose regulations about anything that seems like gambling are daunting; bitcoin rises.
Web3 Builders Lose Dozens of High-Value NFTs in Back-to-Back Attacks
https://www.coindesk.com/web3/2023/01/05/web3-builders-lose-dozens-of-high-value-nfts-in-back-to-back-attacks/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
CloneX COO Nikhil Gopalani and prominent NFT collector CryptoNovo lost NFTs estimated to have been worth hundreds of thousands of dollars to scammers.
Crypto Markets Today: Crypto Broker Genesis Asks for Clients’ Patience
https://www.coindesk.com/markets/2023/01/04/crypto-markets-today-crypto-broker-genesis-asks-for-clients-patience/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
ALSO: Bitcoin rose and most other, major cryptocurrencies spent much of Wednesday in the green.
Sam Bankman-Fried Faces ‘Tough Road,’ Legal Expert Says
https://www.coindesk.com/business/2023/01/04/sam-bankman-fried-faces-tough-road-legal-expert-says/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
The former FTX CEO faces a legal uphill battle after pleading not guilty to eight counts of criminal charges.
2023 Predictions: The Year of Web3 Pets
https://www.coindesk.com/consensus-magazine/2023/01/04/2023-predictions-the-year-of-web3-pets/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
Virtual pets have been around for decades, but with NFTs, we set to own our online cats and dogs this year, not just play with them, says Leah Callon-Butler.
Ethereum Builder ConsenSys and AMD SPAC Plows on Despite 95% of Shares Being Redeemed
https://www.coindesk.com/business/2023/01/04/ethereum-builder-consensys-and-amd-spac-plows-on-despite-95-of-shares-being-redeemed/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
Investors in W3BCLOUD’s merger with Social Leverage Acquisition Corp voted to redeem the majority of shares, according to a filing.
US Federal Reserve, Other Agencies Continue to Warn Banks About Crypto
https://www.coindesk.com/policy/2023/01/03/us-federal-reserve-other-agencies-continue-to-warn-banks-about-crypto/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
The U.S. Federal Reserve and other regulators issued a crypto warning for the banking system Tuesday, though the statement doesn’t extend any new policies about how traditional lenders deal with digital assets.
Canada Has Declared A Local War On Bitcoin Mining
https://bitcoinmagazine.com/business/canada-cracking-down-on-bitcoin-mining
Multiple local governments across Canada have started to make life much harder for bitcoin miners.
You Can Now Live In This Swiss City Solely On Bitcoin
https://bitcoinmagazine.com/culture/live-in-swiss-city-solely-on-bitcoin
Lugano, Switzerland makes living on a Bitcoin standard possible with hundreds of merchants that accept BTC.
Genesis CEO Says Solution Requires More Time
https://www.coindesk.com/business/2023/01/04/genesis-ceo-says-solution-requires-more-time/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
Derar Islim addressed the institutional crypto brokerage's clients in a letter on Wednesday.
UK's Top Crime Agency Is Assembling a Team of Crypto Experts
https://www.coindesk.com/policy/2023/01/04/uks-top-crime-agency-is-assembling-a-team-of-crypto-experts/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
The National Crime Agency's Crypto Cell follows the posting of crypto experts with local police across the country.
Shiba Inu-Themed BONK Tokens Are Yielding Nearly 1,000% for Solana Liquidity Providers
https://www.coindesk.com/markets/2023/01/04/shiba-inu-themed-bonk-tokens-are-yielding-nearly-1000-for-solana-liquidity-providers/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
The memecoin is up over 150% in the past 24 hours and have recorded some of the highest trading volumes on Solana-based decentralized exchanges.
Ethereum Name Service Recorded Over 2.8M Domain Registrations in 2022
https://www.coindesk.com/markets/2023/01/04/ethereum-name-service-recorded-over-28m-domain-registrations-in-2022/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
The figures represent 80% of all registrations since the service launched.
Celsius 'Earn' Assets Belong to Bankrupt Crypto Lender, Judge Rules
https://www.coindesk.com/policy/2023/01/05/celsius-earn-assets-belong-to-bankrupt-crypto-lender-judge-rules/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
A federal judge ruled that customers of Celsius's interest-bearing "Earn" product had turned over control of their assets to the bankrupt crypto lender, meaning they are now part of the company's bankruptcy estate.
A Suggestion For The Sats Symbol
https://bitcoinmagazine.com/culture/my-suggestion-for-the-bitcoin-sats-symbol
The Bitcoin community has yet to agree upon a universal symbol for sats, the smallest division of bitcoin. But I think I might have a winner.
Crypto Bank Juno Tells Customers to Self-Custody or Sell Amid Custodian Wyre's Turmoil
https://www.coindesk.com/business/2023/01/05/crypto-bank-juno-tells-customers-to-self-custody-or-sell-amid-custodian-wyres-turmoil/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
Juno's current custodian, Wyre, will liquidate in January.
SEC Pursues $45M Scam Based in Fake Blockchain Technology
https://www.coindesk.com/policy/2023/01/04/sec-pursues-45m-scam-based-in-fake-blockchain-technology/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
The U.S. Securities and Exchange Commission (SEC) accused alleged fraudster Neil Chandran and several others for orchestrating a scheme to get cash from tens of thousands of investors globally on the false promise that they were securing a lucrative deal to sell blockchain technology.
US DoJ Is Seizing Banking Assets, Robinhood Shares Linked to FTX, Court Told
https://www.coindesk.com/policy/2023/01/04/us-doj-is-seizing-banking-assets-robinhood-shares-linked-to-ftx-court-told/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
Officials may later seek to have Sam Bankman-Fried forfeit the assets, potentially including as much as $450 million in stocks, to avoid benefiting from crimes
Who Are Sam Bankman-Fried's Politically-Connected 'Wealthy Co-Conspirators'?
https://www.coindesk.com/consensus-magazine/2023/01/04/who-are-sam-bankman-frieds-politically-connected-wealthy-co-conspirators/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
Magic Eden Issue Leads to Fake NFT Listings
https://www.coindesk.com/web3/2023/01/04/magic-eden-issue-leads-to-fake-nft-listings/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
The unresolved issue is allowing unverified NFTs to be added to high-priced collections like Y00ts and ABC.
Indians Moved Over $3.8B to Foreign Exchanges Since Crypto Tax Rules
https://www.coindesk.com/policy/2023/01/04/indians-moved-over-38b-to-foreign-exchanges-since-crypto-tax-rules-research-study/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
A research study found that Indians moved more than $3.8 billion in cumulative trading volume from local to international crypto exchanges after the nation announced stiff crypto tax rules last year.
Iranian Courts Order Return of Thousands of Seized Crypto Mining Machines: Reports
https://www.coindesk.com/policy/2023/01/04/iranian-courts-order-return-of-thousands-of-seized-crypto-mining-machines-reports/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
The country has been cracking down on mining to deal with power shortages.
U.S. Bitcoin Miner Increased Its Annual BTC Production By 200% In 2022
https://bitcoinmagazine.com/business/bitcoin-miner-increased-annual-btc-production
Cleanspark’s December 2022 mining update examines the company’s year at large as well as the operations of the previous month.
A Dose of 'Hopium' for Bitcoin Bulls From 1970s
https://www.coindesk.com/markets/2023/01/04/a-dose-of-hopium-for-bitcoin-bulls-from-1970s/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
U.S. inflation has slowed, echoing the late 1974 peak that presaged a rebound in the S&P 500, a benchmark for risk assets, including cryptocurrencies.
Coinbase Will Pay $50M Fine to New York Regulator to Settle Background Check Charges
https://www.coindesk.com/policy/2023/01/04/coinbase-will-pay-50m-fine-to-new-york-regulator-to-settle-background-check-charges-report/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
The settlement will also require Coinbase to invest $50 million to bolster its compliance program.
Binance Led Market Share in 2022 Despite Overall Decline in CEX Volumes
https://www.coindesk.com/markets/2023/01/04/binance-led-market-share-in-2022-despite-overall-decline-in-cex-volumes/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
The crypto exchange dominated the market with about a two-thirds share among 11 leading exchanges.
NFT Research Tool NFT Inspect Is Shutting Down
https://www.coindesk.com/business/2023/01/04/nft-research-tool-nft-inspect-is-shutting-down/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
The decision to shutter the service comes as the NFT market faces intense headwinds, with sales volume dropping by double digits quarter-over-quarter.
This Promising Wireless Tech Could Help Power the Future Metaverse
https://www.coindesk.com/web3/2023/01/04/this-promising-wireless-tech-could-help-power-the-future-metaverse/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
At CES 2023, Ixana announced a developer kit for Wi-R, a wireless tech that could lead to sleeker VR and AR devices for metaverse applications.