NFTs hit $158M weekly sales, Sky Mavis lays off 21% of workforce: Nifty Newsletter
NFTs recorded a weekly sales volume of $158 million, showing a strong weekly performance compared to the start of November.
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Bitcoin gains $1.2K in 1 hour as BTC price rebounds on Ether ETF launch
Bitcoin and Ethereum volatility continue as crypto traders react positively to Ether ETF trading volumes.

Russian central bank exec is OK with crypto mining under one condition
A finance officer believes it is necessary to sell the mined assets abroad to avoid the adoption of crypto in internal payments. 92 Total views 14 Total shares Kirill Pronin, head of Russian Central Bank (CBR)’s Department of financial technologies, acknowledged the possibility of crypto mining legalization under certain conditions. A public acknowledgment like this…

SBF wants ‘Big Short’ FTX movie, Peter Schiff already calls it fiction
The crypto community was not happy with the news that Big Short writer Michael Lewis met with the former FTX CEO. 121 Total views 2 Total shares Ho-ho-ho! Get Limited Holiday Trait!Collect this article as NFTMembers of the crypto community published their sentiments on social media in response to the former FTX CEO Sam Bankman-Fried’s…

Kitchen table Bitcoin: How should average investors approach crypto?
Cryptocurrencies have come a long way over the last few years, so much so that their market capitalization is now above the $2 trillion mark, and large businesses including Tesla and MicroStrategy have invested billions in Bitcoin (BTC).While institutional investments in crypto assets have been growing over the last few years, discussion on how retail…

Star Trek creator’s signature goes where no NFT has gone before: DNA
The living “El Primero” or “The FIrst” NFT immortalizes an economic moment in sci-fi history by fusing future tech with Star Trek history. 103 Total views 4 Total shares The signature of Star Trek producer Gene Roddenberry has gone boldly where no NFT has gone before — into the code for life itself.Back in 1965,…

Guy Who ‘Lost’ 4 Bitcoin Has Recovered Most Funds a Month Later
One month on, a Redditor who “lost” 4 Bitcoin (BTC) on the Lightning Network has published advice based on his experience.In a thread posted to the r/Bitcoin community on Dec. 1, Redditor ZipoTm revealed that the Lightning community had given him “huge support” by helping him to save his coins, with most of them now…

Chainalysis Rolls Out Real-Time Threat Detector for 15 Major Cryptos
Blockchain analytics firm Chainalysis has launched transaction alerts for suspicious exchanges of a range of cryptocurrencies.In a post published on the firm’s blog on Aug. 22, Chainalysis announced the launch of alerts for suspicious cryptocurrency transactions in Chainalysis Know Your Transaction (KYT), the company’s real-time anti-money laundering compliance solution. The company also claims that this…

US Justice Department to double its crypto team, target ransomware crimes
The National Cryptocurrency Enforcement Team, established in 2021, will be merged with the Computer Crime and Intellectual Property Section. 147 Total views 1 Total shares The United States Department of Justice (DoJ) has said it will double the number of staff on its crypto crime team established in 2021. The unit will add to its…