January 2024

DeFi Regulation: Polygon Labs’ Legal Team Pushes For OCCIP’s Oversight

DeFi Regulation: Polygon Labs’ Legal Team Pushes For OCCIP’s Oversight

DeFi regulation has been a major bone of contention among regulatory watchdogs across the world. A recent paper, authored by Rebecca Rettig, Katja Gilman from Polygon Labs, and Michael Mosier from Arktouros, proposes a strategy to classify truly decentralized DeFi protocols as critical infrastructure. This classification would place them under the oversight of the US […]

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US DOJ Indicts Three Individuals Involved in $1.89 Billion Crypto Fraud Scheme

US DOJ Indicts Three Individuals Involved in $1.89 Billion Crypto Fraud Scheme

The US Department of Justice (DOJ) has brought charges against three people for defrauding investors of nearly $2 billion. According to the DOJ, the individuals promoted a fraudulent cryptocurrency investment program that promised investors high returns. In a press release on Jan. 29, 2024, the DOJ said that Sam Lee, an Australian living in the

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Mark Cuban’s Take on Crypto: Here Are the Two Other Projects He’s Interested In

Mark Cuban’s Take on Crypto: Here Are the Two Other Projects He’s Interested In

Mark Cuban recently took to X on Monday afternoon for a spontaneous Ask Me Anything (AMA) session with his 8.8 million followers, where he touched on various topics, including crypto-related ones. When asked about his preferred cryptocurrency ventures beyond Bitcoin and Ethereum, Mark Cuban highlighted Polygon and Injective, declaring, “I’ve invested in both (DYOR).” Dallas

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German Police Seize $2.1 Billion (50K BTC) From German Pirates

German Police Seize $2.1 Billion (50K BTC) From German Pirates

German police officers executed a historic crypto seizure earlier this month, claiming over 50,000 Bitcoin (BTC) from two aged men for copyright law violations over a decade ago. Worth $2.1 billion at today’s price, the action represents the largest ever Bitcoin seizure for German authorities, and one of the largest ever executed by law enforcement

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Binance Recovers Market Share Two Months After DOJ Settlement

Binance Recovers Market Share Two Months After DOJ Settlement

The market share of the world’s largest cryptocurrency exchange Binance has recovered significantly after plunging in the second half of 2023 due to several factors, including a massive settlement with U.S. regulators two months ago. According to a tweet from crypto market data provider Kaiko, the market share of the leading trading platform has risen

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Claim Launchpad XYZ LPX Token January 31, V1 Platform Live in February For 14,000% ROI

Claim Launchpad XYZ LPX Token January 31, V1 Platform Live in February For 14,000% ROI

Tuesday, January 30 2024 –  Highly anticipated Web3 portal and trading platform Launchpad xyz, which raised $2.79 million in its presale, is turning on claiming of its $LPX token from 11am UTC on Wednesday, January 31st.Heightened volatility is returning to the market with a vengeance, which presents challenges and opportunities in equal measure. However, true

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Bitcoin and Ethereum Price Prediction as BTC Spikes Up 10% and ETH Approaches $2,500 – Time to Buy?

Bitcoin and Ethereum Price Prediction as BTC Spikes Up 10% and ETH Approaches $2,500 – Time to Buy?

 Bitcoin and Ethereum price predictions Amidst a rally that has seen Bitcoin (BTC) spike over 10%, crossing the $43,000 threshold, and Ethereum (ETH) approach the $2,500 mark, the crypto market is riding a wave of bullish momentum. This surge sparks an intense focus on Bitcoin and Ethereum price predictions as investors gauge the sustainability of

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Cardano Price Prediction as ADA Becomes 9th Biggest Crypto in the World – Adoption Rising?

Cardano Price Prediction as ADA Becomes 9th Biggest Crypto in the World – Adoption Rising?

Cardano price prediction remains bearish as ADA is securing its position as the 9th largest cryptocurrency by market capitalization. As we embark on this analysis dated January 30, Cardano’s current market standing and price dynamics come into focus. Trading at approximately $0.523345, ADA has seen a marginal decline of 0.75% over the past day. Despite

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Russia’s Central Bank Exploring Use of Crypto, CBDCs with BRICS Allies

Russia’s Central Bank Exploring Use of Crypto, CBDCs with BRICS Allies

Last updated: January 29, 2024 21:54 EST | 1 min read The Governor of Russia’s Central Bank says she is speaking to BRICS member states about using “digital currencies” to power international trade. Per RIA Novosti and 1Prime, the bank’s long-serving Governor Elvira Nabiullina said the Central Bank was “currently holding consultations with friendly countries,

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Bitcoin ETFs Net $255 Million Daily Inflows As Grayscale Sell-off Cools

Bitcoin ETFs Net $255 Million Daily Inflows As Grayscale Sell-off Cools

Last updated: January 30, 2024 05:56 EST | 1 min read Source: DALL·EU.S. Bitcoin ETFs met a tsunami of inflows on Monday as Bitcoin (BTC)’s price came roaring back above $43,000. The asset absorbed $255 million of net flows across all ten publicly traded spot ETFs that launched on January 11. That even factors in

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