UAE stablecoin issuer gets greenlight, FTX customers sue hedge fund: Law Decoded
While the UAE central bank has given a significant regulatory nod to a new stablecoin, an FTX customer sued hedge fund Olympus Peak over its alleged profits from the exchange’s meltdown.
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Bitcoin extends correction as Ethereum sees ‘picture perfect’ rejection at all-time highs
A copycat move from ETH leaves investors noticeably disappointed and puts the brakes on the "up only" trend of the past week. 1430 Total views 24 Total shares Bitcoin (BTC) stayed closer to $60,000 on Oct. 22 after the largest altcoin Ether (ETH) failed to cement new all-time highs.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewETH…

Half of unique active crypto wallets played a blockchain game in Q3
In-game NFTs have generated $2.3 billion in sales over the past three months and Axies are the top sellers. 843 Total views 7 Total shares The number of crypto wallets participating in blockchain games has surged in recent months according to new research.According to DappRadar’s Q3 ‘Blockchain Game Report’, unique active wallets connected to gaming…

NFT prices will eventually crash, says Litecoin creator Charlie Lee
Nonfungible token art lacks the provable scarcity of “real art.” 1886 Total views 8 Total shares Non-fungible tokens are currently a major topic of discussion within the crypto space with creators and collectors alike jumping on the bandwagon.However, Litecoin (LTC) creator Charlie is of the opinion that the hype is unsustainable. Tweeting on Monday, Lee…

Garry Tan’s 2013 investment of $300K in Coinbase is now worth $2.4B
Prominent angel investor Garry Tan invested $300,000 in Coinbase in 2013 and with today's COIN listing it's now worth $2.4 billion. 2843 Total views 17 Total shares Garry Tan, a prominent angel investor and the founder of Initialized Capital, was one of the first investors to provide seed funding to Coinbase eight years ago. Less than…

Bitcoin comes back to life — Does data support a rally to $100K and higher?
Bitcoin price staged a recovery this week, but data shows traders reducing their appetite for risk.

Analyst says Bitcoin could see ‘a smaller drawdown and a quicker bottom’
The cryptocurrency faithful got a reprieve from recent market struggles thanks to a rally in decentralized finance (DeFi) tokens and Dogecoin (DOGE) on June 2. A bit of a breakout in the price of Ether (ETH) and Bitcoin (BTC) may have also lifted sentiment, but at the moment, the top-ranked digital assets are still meeting…

Bitcoin Stabilizes as Most Top 20 Coins See Mild Losses
Dec. 27: Bitcoin (BTC) is staying stable while major altcoin markets are showing signs of a fresh downward trend, led by Bitcoin Cash (BCH).Market visualization from Coin360Data from Cointelegraph’s price tracker and Coin360 showed a mixed but broadly calmer top twenty assets by market cap, compared to last week’s volatile activity.BTC/USD, which had gained over…

Crypto Biz: BlockFi emerges from bankruptcy, Worldcoin halts USDC payments and more
Crypto lender BlockFi announced its emergence from insolvency this week, just a few days after FTX announced that it successfully reclaimed approximately $7 billion in assets. FTX debtors, comprising FTX and affiliates, estimate that $8.7 billion has been misappropriated from customers. BlockFi has lent FTX more than $650 million, making it one of the exchange’s