Blockchain software developer ConsenSys retains the ability to achieve its goals after recent layoffs, CEO Joe Lubin claimed in a Feb. 7 interview with Cointelegraph, stating that “we’ve retained virtually all of our capabilities.” According to Lubin, the cuts were implemented “mostly because of potential headwinds and potential uncertainty” and […]

A federal judge has denied a joint agreement between Sam “SBF” Bankman-Fried’s legal team and prosecutors that would have allowed the former FTX CEO to use certain messaging apps. In a Feb. 7 filing for the United States District Court for the Southern District of New York, Judge Lewis Kaplan […]

Mike McGlone, Bloomberg’s senior commodity strategist, is convinced the crypto market is presently experiencing its first major recession, an indication that there’s still a long way before the cryptos recover to previous levels. Indeed, if history is anything to go by, the current crypto recession will likely end in huge […]

A massive earthquake hit southeastern Turkey along the border with Syria on Feb. 6, which has so far caused the death of more than 5,000 people. The quake had a magnitude of 7.8 on the Richter scale, which is internationally categorized as a “major” earthquake, and occurred along 100km (62 […]

Decentralized exchange (DEX) protocol CoW Swap recently suffered an attack, losing at least 550 BNB (BNB) in a contract exploit that approved fund transfers from the protocol. Blockchain surveyor MevRefund flagged the event and detected that the funds seemed to be moving away from CoW Swap. The maximal extractable value […]

The creator of the nonfungible token (NFT) collection Bored Ape Yacht Club has settled a lawsuit with one of the developers behind a copycat collection known as RR/BAYC.  On Feb. 6, Yuga Labs settled a lawsuit that involved Thomas Lehman, the developer of websites and a smart contract selling “misleading” […]

Cardano price is correcting lower below $0.40 against the US Dollar, similar to bitcoin. ADA price could extend its decline if it breaks the $0.365 support. Cardano Price Analysis This past week, cardano price started a steady increase above the $0.365 resistance zone against the US Dollar. The ADA/USD pair […]

Sam Bankman-Fried’s (SBF’s) lawyers have reached an agreement with federal prosecutors concerning his use of messaging apps. According to a Feb. 6 court document, both parties have agreed SBF “shall not use any encrypted or ephemeral call of messaging application, including but not limited to Signal.” However, under the agreement, […]

On Feb. 6, European cryptocurrency investment firm CoinShares published its “Digital Asset Fund Flows Report,” which revealed that investors are showing a strong interest in digital asset investment products, with inflows totaling $76 million last week, marking the fourth consecutive week of inflows. The report indicates a change in investor […]

Regulators in Hong Kong are stepping up their game when it comes to monitoring the activities of the crypto industry.  According to a Securities and Futures Commission report filed on Feb. 6, it plans to hire four additional staff to “better supervise” the activities of local virtual asset (VA) providers. Moreover, […]