Crypto market crash triggered by 'aggressive' selling by Jump Trading – report
Jump Trading significantly contributed to the crypto market sell-off and it could be looking to sell another $104 million worth of wstETH.
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Crypto community welcomes Ethereum zkSync testnet
The platform plans to scale up with a framework that allows for rapid growth without sacrificing the security and decentralization of Ethereum. 110 Total views 2 Total shares zkSync, a provider of zero-knowledge blockchain solutions, has announced the successful deployment of its Rollup protocol on the Ethereum (ETH) testnet. The deployment is seen as a positive…

Whales hoarding Bitcoin: Wallets with 100 or more hit 17-month high
Bitcoin whales have been increasingly active lately, gobbling up more crypto as smaller traders feel the pressure and sell their holdings.

The Bank of Lithuania Released a Cryptocurrency, But It’s for Collector
The Bank of Lithuania has released a digital, blockchain-based collector coin dedicated to the country’s Act of Independence of 1918 and its 20 signatories.Claiming a world first, the central bank says the digital coin represents “a bridge that brings together classical numismatics and rapidly evolving financial technologies.” Issued on July 23, the new LBCOIN is intended…

Italian Securities Regulator CONSOB Adds Crypto Company Togacoin to Scam Blacklist
The Italian securities regulator, Commissione Nazionale per le Società e la Borsa (CONSOB), has added crypto company Togacoin to its scam blacklist on Jan. 28.The regulator released its warning against Togacoin alongside similar warnings concerning binary options company Smart Choice Zone and forex exchange Fx Breeze. The three firms have been added to the CONSOB’s…

SEC Chairman: Investors Should Consider Lack of ‘Safeguards’ Before Investing in Crypto
U.S. Securities and Exchange Commission (SEC) Chairman Jay Clayton reiterated his wary view of the crypto markets during an interview. His discussion with New York Times columnist Andrew Ross Sorkin took place at the The Times Center in New York City Nov. 29.Mid-way through the interview, Clayton told Sorkin that the securities regulator had worked…

Decentralized ID is the next “killer” Web3 use case: Cardano sustainability lead
Blockchain needs more non-speculative use cases to onboard the next billion mainstream users.

Bitcoin Risk-Return a ‘Different Beast’ Compared to Amazon: Analyst
Bitcoin’s (BTC) risk-return is a “different beast” compared to even the darling of the stock market of the 2000s, Amazon.That was the conclusion drawn by one of the cryptocurrency industry’s best-known analysts and the creator of a uniquely accurate Bitcoin price model.PlanB: Amazon “normal” compared to BTCUploading a chart showing BTC risk-return versus Amazon stocks,…

Regulatory risks grow for DeFi as a ‘money laundering haven’
DeFi could fall under regulatory pressure if it is seen as a haven for money laundering. The rapid growth in decentralized finance and yield farming is likely to attract greater regulatory attention according to a recent report.A joint research paper by global management consulting firm BCG Platinion and Crypto.com has indicated that the rapid growth…