Bitcoin eyes $58K CME gap next as 8% BTC price rout sees longs 'rekt'
BTC price weakness takes the market below $59,000 for the first time since mid-July as “relentless” Bitcoin selling pressure persists.
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AAA gaming companies will look like peanuts as GameFi evolves: Skale CEO
GameFi's constantly evolving model could make "today's AAA game companies look like peanuts", said Jack O’Holleran, CEO of Skale a multichain Ethereum native network that powers Web3 games. In fact, blockchain-based games and metaverse projects are showing resilience amid a winter that has dragged down many players in the crypto industry, with $1.3 billion raised in…

Nintendo will not use generative AI to build game titles
Nintendo’s president addresses the risks of intellectual property breaches with generative AI at a shareholder meeting.

How law enforcement struggles with sophisticated crypto laundering
Advanced crypto laundering techniques continue to challenge law enforcement and crypto-related services as highlighted in a new Chainalysis money laundering report.

Origin Dollar compensation plan marks progressing maturation of DeFi space
On Friday, decentralized finance (DeFi) stablecoin project Origin Finance announced a plan to compensate users affected by a $7 million November exploit — part of a wider trend from developers, users, and traders that has seen actors across the DeFi space more widely embrace insurance products and other exploit backstops. On November 17th, Origin Dollar announced…

Bitcoin’s Technicals Show Signs of a Bottom, Possible Short Term Rally: Analysts
Key technical parameters signal that top cryptocurrency Bitcoin (BTC) may be finding a bottom, and could even be headed for a short term price hike, according to analysts at Bloomberg Jan. 22.Bitcoin’s GTI Global Strength Technical Indicator is now at 35.6, which Bloomberg notes is “nearing oversold levels,” and the lowest level since December. The…

World Bank Mandates Commonwealth Bank of Australia to Issue Bond Using Blockchain Tech
Commonwealth Bank of Australia (CBA), the largest bank in the country, has been mandated by the World Bank to arrange a bond issue exclusively on a blockchain, according to a press release Aug. 10. CBA will reportedly arrange the first bond globally to be “created, allocated, transferred, and managed using blockchain technology.” The Blockchain Offered…

2 executives of crypto exchange AAX arrested in Hong Kong: Report
The former CEO of AAX, Weigao Capital Liang Haoming, and the founder of AAX, Thor Chan, were arrested on Dec. 23. 470 Total views 3 Total shares Ho-ho-ho! Get Limited Holiday Trait!Collect this article as NFTHong Kong police arrested two executives of the crypto exchange AAX accused of fraud and misleading the police, according to…

Christie’s launches venture fund aimed at Web3 and blockchain investments
According to the auction company, its first investment will be in LayerZero Labs, a company developing solutions for enabling omnichain decentralized applications. 215 Total views 19 Total shares Christie's, the auction house known for its sales of art and luxury items, has launched an investment fund to support emerging companies with technology enabling “seamless consumption…