On January 13, the liquidators of Alameda Research lost $72,000 worth of digital assets as they were attempting to consolidate money into a single wallet on Aave. The liquidators made an effort to settle a borrow position, but due to an oversight, they withdrew further collateral, which placed the assets […]

Among the cryptocurrencies posting impressive gains is Polygon’s MATIC which has added 11% in the past day at $1.03, coinciding with the network’s test of its zero-knowledge (zk-Rollups) technology before the full deployment. On the weekly CoinMarketCap chart, MATIC has climbed 22%. Speaking about the technology, the project lead of […]

Despite the ongoing crypto winter, which has affected many businesses in the greater Web3 space, investments continue pouring into the space. On Jan. 17, the Hong Kong-based global asset manager HashKey Capital announced the closing of a $500 million investment round for its FinTech Investment Fund III. According to the […]

Silvergate Bank, which currently faces a class-action lawsuit over its FTX and Alameda Research dealings, has announced a $1 billion net loss attributable to common shareholders in the fourth quarter of 2022.  In a report published by the United States Securities and Exchange Commission (SEC), the digital asset bank highlighted […]

This is version one of a beginner’s guide to Cardano ($ADA) that consists of roughly 80 questions and answers about the Cardnao blockchain and the $ADA cryptocurrency. What is Cardano? Cardano is a blockchain platform and cryptocurrency that is the result of a scientific philosophy and research-first approach. It is […]

On January 10, Flare Networks began distributing free FLR tokens to holders of XRP in a highly-anticipated airdrop event. To qualify, participants were required to provide proof of their XRP ownership through a screenshot taken in December 2020.  Participating exchanges distributed the FLR tokens, but the value of the incentives […]

Binance’s new strategy is to attract institutional investors to the crypto market. Impact of rival exchange FTX’s collapse on Binance and other crypto exchanges. Introduction of Binance Custody, a secure storage solution for institutional investors. In response to concerns raised by the recent collapse of rival exchange FTX, the world’s […]

The Bitcoin (BTC) price rebound to a multi-month high has also positively affected mining stocks. Many crypto-mining stocks recorded their best monthly performance in a year. The surge in mining stocks also relieved the troubled miners who had to sell a significant chunk of their mined coins to boost liquidity […]

The liquidators of Alameda Research have reportedly incurred at least $11.5 million in losses since taking control of Alameda’s trading accounts. On Jan. 16, a Twitter thread from Arkham Intelligence reported that one wallet under the control of liquidators has seen a string of “significant losses” due to liquidations, some […]

Binance Research’s analysts are keeping a close eye on a number of developments that might have a significant impact on the cryptocurrency market in 2023. In 2023, according to a recently-released report (“Full-Year Review 2022 & Themes for 2023”) by Binance Research, macroeconomics will be the driver of returns for […]