Newly Public Core Scientific Leads Slump in Crypto Mining Stocks

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The stocks of other publicly traded miners, which are highly leveraged to the price movements of the cryptocurrencies they mine, have also dropped. On Friday, shares of Hut...

Twitter Seeks Senior Crypto Role on Heels of NFT Verification Announcement

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“Want to help shape the future of crypto at Twitter?” asks Tess Rinearson, Twitter’s crypto engineering lead, in a Friday tweet.The role – “Senior Product Manager, Crypto,” according...

SEC Objects to MicroStrategy’s Accounting Adjustment for Its Bitcoin Holdings

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Under standard accounting rules, the value of digital assets such as cryptocurrencies must be recorded at their cost and then only adjusted if their value is impaired, or...

Ethereum Could Hold Lead as Dominant Smart-Contract Blockchain: Coinbase Analysts

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Don't write off Ethereum just yet.The second-largest blockchain network by market capitalization after Bitcoin has become the dominant venue for some of the hottest cryptocurrency innovations, from decentralized...

Crypto Market Cap Falls Below $2T Amid Sell-Off

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Cryptocurrencies are getting rekt.Crypto blue-chips bitcoin (BTC) and ether (ETH) breached key $40,000 and $3,000 support levels late Thursday evening, sending the broader alternative coin (altcoin) market into...

The Federal Reserve Shares Its Thinking About a US CBDC

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For more than a year, the Federal Reserve has been talking about a forthcoming paper on central bank digital currencies in the U.S. Now that the paper has...

Why Brazil Is the Big Latin American Bet for Global Crypto Exchanges

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For 2022, it plans to launch its corporate trading desk, Ripio OTC, aimed at institutional investors and high-net-worth traders, Ripio Brazil's country manager, Enrique Teixeira said. In parallel,...

Crypto-Exposed Stocks Sink Amid Bitcoin’s Decline, Broader Market Rout

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Cryptocurrency stocks were also falling amid a broader stock market rout, with technology shares bearing the brunt of the recent downtrend. The tech-heavy equity index Nasdaq has fallen...

FTX Readies Visa Debit Card for Users to Spend Crypto Balances

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“Crypto payments in C2B merchant acceptance are still nascent today,” according to a recent white paper from payments firm Nuvei. “Crypto merchant payments today represent an estimated...

How to Stay Safe in DeFi: Red Flags and Risks You Need to Know

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Decentralized finance (DeFi) is one of the fastest-growing sectors of the crypto industry, with $92 billion worth of crypto assets currently locked in peer-to-peer powered protocols – up...

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Everything You Need to Know About Solidproof’s Audit Processes

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Blockchain and cryptocurrency are among the most promising technologies already reshaping the financial sectors. Countless new projects using them appear every day. However, not...

Multichain Says Around $1.4M Ether Siphoned From Users Who Failed to Update Approvals

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Multichain users who did not update their approvals as instructed yesterday have been exploited and have lost 445 wrapped ether ($1.4 million), the...

Opera Releases Web 3 Browser Ahead of Cross-Chain Wallet Launch

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“We actually believe that browsers will be more important in Web 3 than they were in Web 2,” Jorgen Arnesen, vice president of...

Crypto News Roundup for Jan. 18, 2022

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This episode is sponsored by Kava.Today's Stories:Morgan Stanley Says Crypto Markets Are Weakening as Central Banks Look to TightenBinance Destroys 1.6M BNB Tokens...