After a turbulent 2022 in the crypto sector, people are hoping for brighter times in 2023. For the fourth consecutive year, Cointelegraph is unveiling its list of the Top 100 most influential in the crypto and blockchain space, weighing the impact of 2022 and the potential ahead for 2023. Over the course of the next three weeks, Cointelegraph will release…
Month: February 2023
Gamers Are Paying Thousands for High Scores in Yuga Labs’ Dookey Dash
Every game has its cheaters and boosters—and Yuga Labs’ “Dookey Dash” is no exception. Reports have surfaced that some players are cheating on the mint-based game in hopes of logging higher scores on the leaderboard. Elsewhere, some Dookey Dash “boosters” are still boasting about how their clients have yet to be detected. In video games, boosters are for-hire players who…
MATIC Moves to 10-Month High, ATOM Extends Recent Gains – Market Updates Bitcoin News
Polygon rose to its strongest point since last April, as prices rose by as much as 6% on Feb. 8. The token surged for a second straight session, after snapping a three-day losing streak on Tuesday. Cosmos also surged higher in today’s session, as it moved closer to recent highs. Polygon (MATIC) Polygon (MATIC) extended a recent rally on Wednesday,…
BTC price metric which cued biggest Bitcoin bull runs brakes out at $23K
Bitcoin’s January performance has sparked an event which preceded the start of every macro bull market, data reveals. Source: https://cointelegraph.com/news/btc-price-metric-which-cued-biggest-bitcoin-bull-runs-brakes-out-at-23k
End of bull run? The Graph awaits correction after a 200% GRT price rally
GRT has turned technically overbought, but its long-term potential remains skewed to the upside, thanks to healthy network fundamentals. Source: https://cointelegraph.com/news/end-of-bull-run-the-graph-awaits-correction-after-a-200-grt-price-rally
3AC Liquidators Ask Judge to Intervene, Say Co-Founder Is ‘Withholding Information’
The liquidators overseeing crypto hedge fund Three Arrows Capital’s bankruptcy proceedings have asked the judge to compel co-founder Kyle Davies to cooperate, according to a new court filing. They wrote that Davies “continues to withhold information in his possession that is essential to accessing and controlling certain of the Debtor’s digital assets.” The liquidators allege that Davis and Zhu, “have…
UK blockchain carbon offset platform raises $45M in seed funding
According to a press release published on Feb. 8, blockchain carbon credit transaction network Carbonplace has secured $45 million in an investment round from its nine founder banks with a combined $9 trillion in assets under management. The banks are BBVA, BNP Paribas, CIBC, Itaú Unibanco, National Australia Bank, NatWest, Standard Chartered, SMBC, and UBS. The London-based fintech has also…
Ordinals: A common ground for Ethereum and Bitcoin maximalists?
Representing real-world assets on the Bitcoin blockchain is nothing new. Over a decade ago, projects like the Colored Coin protocol and Counterparty exchange proved Bitcoin could track items, not just units of currency, in a decentralized way. However, consensus issues prevented either project from gaining widespread adoption in the market. Ethereum quickly took over as the go-to platform for minting…
Privacy Coin Interest Stays Tepid as Leading Coins Report Modest Gains in 2023 – Altcoins Bitcoin News
Over the past 90 days, the top privacy coins by market capitalization have seen an increase of just over $2 billion, rising from $4.65 billion on Nov. 9, 2022 to $6.69 billion today. However, while crypto assets such as bitcoin and ethereum saw gains of 30% or more in 30 days, privacy tokens like monero and zcash saw more modest…
Clarifying regulations could help industries grow
This year, investors are watching for big spikes in biotech companies working with psychedelics, especially as the once-controversial compounds return to the spotlight touting mental health benefits — and uniting lawmakers at the United States Capitol across party lines. The category’s future could make big legal gains in 2023, but due to the American government’s built-in checks and balances, even…