Security in crypto comes from liquidity or the lessons we learned after FTX

The FTX bankruptcy has sent the crypto space into a downward spiral, and the crypto space is still buzzing to get all the details that led to this situation. Numerous reports have popped up, and the bankruptcy hearings bring new information daily. Considering the extent of FTX’s involvement in the global crypto space now is …

Decentralized identity: Proving it’s really you in the 21st Century

One-quarter of the global populace is going to be spending at least an hour a day in the metaverse by 2026, according to tech consulting firm Gartner, for shopping, gaming, education and more. But at some point, people are going to have to demonstrate that it’s really them behind the avatar. That’s just one reason …

5 Tips to Safe & Successful Crypto Investments in 2023

It seems absurd that a brief tweet from someone influential can shift the cryptocurrency market momentum, but it is a volatile market. It seems absurd how a brief tweet from someone influential can shift the market’s momentum. Crypto controls the steering wheel and decides where the market will go. Even the most seasoned cryptocurrency investors …

Zodia Custody To Hedge Against Crypto Exchange Insolvency With “Interchange” Service

Summary: The custodian will hold customers’ assets and mirror user deposits on crypto exchanges. Zodia dubbed the new service “Interchange”, per reports on Wednesday. The crypto custodial company announced the offering at a time when crypto custody concerns remained a trending topic following FTX’s crash.  Zodia, a crypto company that offers digital asset custody services, …

Pro-XRP Lawyer Says Gary Gensler Could Trigger Another 50% Crypto Market Crash

Attorney and XRP supporter John Deaton thinks the actions of U.S. Securities and Exchange Commission (SEC) chair Gary Gensler could cause the crypto markets to crash by another 50%. Deaton says on Twitter that he first argued six months ago that Gensler might sue a major crypto exchange. “I believe it even more today because …

Top Analyst Forecasts Big Bounce for One Red-Hot Altcoin, Updates Outlook on Bitcoin and Ethereum

Analyst Michaël van de Poppe is predicting a big rally for one altcoin that has surged over 66% in less than one month amid weakness in the broader crypto markets. Van de Poppe tells his 642,800 Twitter followers that he’s looking for a solid bounce for peer-to-peer payments network Litecoin (LTC) after the altcoin recently …

Institutional investors still eye crypto despite the FTX collapse

The negative effects caused by the FTX debacle have put the crypto space in an unfavorable light. However, institutional investors continued to show interest in the industry even at the height of the FTX controversy.  According to crypto exchange Bitstamp, compared to their data in October, institutional registrations within its digital asset trading platform is …

Bank of Russia wants to ban miners from selling crypto to Russians

The Russian central bank continues to maintain an extremely negative stance on cryptocurrencies, proposing to ban local miners from selling coins to local people. The Bank of Russia has supported the idea of legalizing cryptocurrency mining in Russia as part of a draft bill introduced in mid-November 2022. However, the Russian central bank wants to …

BTC price hits new December low as Bitcoin dips 2% with Asia stocks

Bitcoin (BTC) hit new month-to-date lows on Dec. 7 as Asian markets fell during trading. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView $16,500 stands as support as BTC price wobbles Data from Cointelegraph Markets Pro and TradingView showed BTC/USD dipping to lows of $16,736 on Bitstamp, a level not seen since Nov. 30. The pair …

Japan recommends against algorithmic backing in stablecoins

After passing its landmark legislation on stablecoins in June, Japanese regulators are considering complementing it by restricting the algorithmic backing of stablecoins. The intention comes as a recommendation from the Financial Service Agency (FSA) and was repeated by the country’s Vice Minister for International Affairs, Tomoko Amaya.  During his speech on crypto assets at a …

2022 in Review: The Year’s Biggest Cryptocurrency News Stories

2022 saw various crypto crises as well as new developments. These are the top stories of the past year. Cryptocurrency endured a tumultuous year in 2022. But although various crises impacted the industry, other events helped it to grow further. Here are this year’s most important events. In February, Russia’s invasion of Ukraine began. In …

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