Gaming
Bear Market
Bitcoin continues price rally, posts best January returns since 2013
The price of Bitcoin has increased roughly 39% since the start of January, marking a positive start to 2023.
CBDCs
Digital Euro will be free to use, but privacy is up to legislators
Digital euro will be accessible to all, but lawmakers will decide how the Central bank will access personal information.
Mining
ASIC financing debt worsened Bitcoin miner’s liabilities in 2022: Report
With earnings going from high to low in 2022, some miners struggled to pay the dues, resulting in more defaults, distressed asset sales, and acquisitions than ever before.
Bankruptcy
MakerDAO approves 85% Gemini USD holdings in DAI stablecoins
Maker's PSM poll showed 50.85% of participants supporting keeping the GUSD debt ceiling at $500 million, while the rest supported its removal.
Bankruptcy
FTX CEO John Ray creates taskforce to explore restarting exchange
CEO John Ray stated that ‘everything is on the table’ and if there is a path forward, FTX will explore it.
Adoption
Infrastructure protocol Intu seeks to provide complete ownership to crypto accounts
Intu allows ownership to be distributed across multiple devices or wallets, which can be changed or revoked in the event of a compromise, according to the co-founder.
Bear Market
ConsenSys CEO confirms layoffs, firm to focus on scaling core offerings
ConsenSys' CEO assured terminated employees that the firm would provide "generous packages" as they seek new employment.
Adoption
Active crypto developers grew 5% YoY despite market decline
The study revealed a 3x increase in the number of Bitcoin monthly active developers and a 5x rise in the number of Ethereum developers.
Adoption
Polygon completes hard fork upgrade to minimize gas fee spikes, chain reorgs
Polygon’s hard fork upgrade took effect on Tuesday and included two proposals published last December.
Adoption
Hashkey Capital commits $500M to advance crypto, blockchain initiatives
Hashkey's Fund III will focus on infrastructures, toolings, and applications with mass adoption potential.
Exchanges
Monex Group shows interest in buying FTX Japan
Due to Japan's liberal regulations, the crypto market in the country has a lot of potential, according to Monex's CEO.
Scams
Illegal on-chain cryptocurrency activities reach all-time highs of $20.1B
Of the $20.1 billion in illegal cryptocurrency transactions, 44% came from sanctioned entities.
