Price analysis 2/3: SPX, DXY, BTC, ETH, XRP, SOL, BNB, DOGE, ADA, LINK
Bitcoin and select altcoins bounced back sharply, indicating solid purchasing demand at lower levels.
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Malaysia Looks to Tie Token Offerings to Exchanges
Following the US SEC’s investor alert against Initial Exchange Offerings (IEO’s), Malaysia’s regulator has published a regulatory guide requiring token offerings in the country be attached to exchanges.A breakdown of Malaysia IEOsA report from Malaysia’s Securities Commission (SC) makes clear that digital tokens are to be used only for goods and services and within strict…

Union Bank of the Philippines selects Metaco and IBM to facilitate digital asset custody operations
"With the recent launch of our APAC headquarters in Singapore, we can ensure that we continue to offer best-in-class services to UnionBank and other clients in the region," says Patrick Enjalbal, VP Customer Success managing director of Asia-Pacific region at Metaco. 290 Total views 4 Total shares On Thursday, Metaco, an enterprise cryptocurrency platform for…

ING Bank Launches Open Source Privacy Improvement Add-On for Blockchains
Dutch multinational banking and financial services corporation ING confirmed the release of its open source blockchain tool Zero-Knowledge Set Membership (ZKSM) in a press release Monday, Oct. 21.ZKSM, which functions as a privacy “improvement” to distributed ledger technology (DLT), such as blockchain, aims to provide validation of certain alphanumeric data without compromising that data’s overall…

Chrome Browser Extension Ethereum Wallet Injects Malicious JavaScript To Steal Data
An Ethereum (ETH) wallet known as “Shitcoin Wallet” is reportedly injecting malicious javascript code from open browser windows to steal data from its users. On Dec. 30, cybersecurity and anti-phishing expert Harry Denley warned about the potential breach in a tweet:– Source TwitterAccording to Denley’s tweet, Chrome browser crypto wallet software Shitcoin Wallet is targeting…

2022 bear market has been the worst on record — Glassnode
Recent on-chain analysis by Glassnode has shown that the current Bitcoin bear cycle is playing out as the worst one in history. 1197 Total views 18 Total shares Several factors have contributed to making the current crypto bear market the worst ever recorded as most Bitcoin (BTC) traders are underwater and continue to sell at…

Nifty News: Ellen’s NFT auction flops, Oscars controversy, Kayne’s $1.8M sneakers, and more
The much-hyped NFT sale by popular talk show host Ellen Degeneres has fallen flat, with the comedian selling just five out of ten available Gold editions of her “Woman With Stick Cat" NFT for $2,500 on the Bitski platform. Sixty-four other people paid $100 each for an open Silver edition of the same NFT.The drawing…

VC Roundup: NFTs, crypto mortgages, 5G network and Web3 devs raise millions
The cryptocurrency market has failed to make significant headway in recent months, but that hasn’t stopped the industry’s builders from building. Nonfungible tokens (NFTs), crypto mortgages, blockchain-powered cellular networks and Web3 gaming have all piqued the interest of venture capitalists. These new and familiar investment themes headline the latest edition of VC Roundup, as venture…

Voyager to pay $1.1M in legal fees incurred in April
Certain members holding high positions within the firm bill an hourly rate exceeding $2,000 for their professional services. Bankrupt crypto brokerage Voyager Digital is obligated to pay $1.1 million to its legal adviser, Kirkland & Ellis, for fees and expenses associated with its involvement in the company’s bankruptcy proceedings in April.According to the available documents,…