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Source: AdobeStock / piter2121 Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________ Investment news Swiss crypto financial services provider Bitcoin Suisse announced today that it joined Liquid Collective , the liquid staking protocol built and run by an independent collective of Web3 teams including The Liquid Foundation , Alluvial , Coinbase Cloud , Figment , Kiln , Kraken , and others. Per an announcement, once live, Bitcoin Suisse’s clients will have the ability to stake ethereum (ETH) through Liquid Collective and use the receipt token generated by its protocol (LsETH) to participate in Web3 and decentralized finance (DeFi). Also, LsETH holders will be protected against losses from slashable events via built-in coverage, it said. The Anoma Foundation , which fosters the development of the Anoma ecosystem, announced that it is making ...

The Virunga National Park's Bitcoin mine in the Democratic Republic of the Congo monetizes surplus energy for conservation efforts. Virunga National Park in the Democratic Republic of the Congo has become the first national park in the world to run a Bitcoin (BTC) mine in an effort to protect its forests and wildlife. Cointelegraph spoke with Sébastien Gouspillou, CEO of Big Block Green Services, and the man who introduced Bitcoin mining to the park.  Speaking via video call, Gouspillou said with a smile: “Bitcoin mining saved the park from bankruptcy.” Virunga is Africa's oldest protected park and a symbol of the continent's biodiversity. A report by journalist Adam Popescu, published in MIT Technology Review, explained that the region was plagued by issues prior to Bitcoin mining. From local militias that waged violent attacks on its animals and employees to outbreaks of Ebola to kidnappings, the emblematic national park has struggled for revenue in recent years.  The...

Mike Novogratz. Source: a video screenshot, Behind the Brand / YouTube The industry and its participants need the major crypto exchange Binance and its loyal retail following, said Michael Novogratz, the founder of the US-based crypto financial services firm Galaxy Digital Holdings ,  Speaking to Real Vision Crypto, Novogratz commented on the announcement of charges against a crypto company made by the US Department of Justice earlier this month, which had the cryptoverse speculating which exchange it could have been. "And I was like, please don't have it be Binance," said Novogratz. "We need to cheer for Binance."  It turned out to be a little-known Hong Kong-registered exchange called Bitzlato . Its Russian founder Anatoly Legkodymov was arrested by US authorities for allegedly processing $700 million in illicit funds. Binance, however, had had some involvement in the case, with the US Department of the Treasury writing in an order that ...

The famous author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, says that we are in a global recession. Warning of soaring bankruptcies, unemployment, and homelessness, he noted that there is good news for investors looking for “bargains.” Robert Kiyosaki’s Latest Warnings The author of Rich Dad Poor Dad, Robert Kiyosaki, is back with more warnings about the U.S. economy and global recession. Rich Dad Poor Dad is a 1997 book co-authored by Kiyosaki and Sharon Lechter. It has been on the New York Times Best Seller List for over six years. More than 32 million copies of the book have been sold in over 51 languages across more than 109 countries. Kiyosaki tweeted Saturday: “Q: What is worse than a great depression? A: a global recession.” He added: Unfortunately, we are in global recession. Hang on. Rough landing for world. Bad news. Bankruptcy, unemployment, homelessness soar. Retirements toast. However, the famed author pointed out t...

Bitcoin Cash (BCH) advocate and so-called “Bitcoin Jesus,” Roger Ver, has broken his silence on his newly received summons from GGC International. The investor said that while he has “sufficient funds” to pay his stated debts, the details of his contract with Genesis make things more complicated.  Will Roger Ver Pay Up? In response to a Reddit post on the matter, Ver answered that he had the funds to pay all sums “allegedly owed,” and was willing to pay “what I actually owe.” However, the newly revealed financial condition of the crypto broker means he may owe nothing at all. “Genesis was required by our agreement to remain solvent — as Genesis can’t ask its clients to play a “heads clients lose, tails Genesis wins” game,” wrote Ver. “It appears that at points since at least last June Genesis dipped under the solvency line.” Roger Ver. Source: Bloomberg Genesis officially filed for bankruptcy last week – an outcome expected by many after the firm froze withdrawals in Novem...

Adobe Stock / LALAKA The weakening of the US dollar continues to be a concern for many, with the US Dollar Index sliding to a seven-month low after reaching a 20-year high in September 2022. The dollar's entire second-half rise in 2022 has now been erased, as markets position themselves in expectation of US Federal Reserve action and its direction on interest rate policies. In the midst of this economic uncertainty, one sector that could potentially benefit from a weaker US dollar is the cryptocurrency market. According to Bill Noble, Chief Technical Analyst at Token Metrics, "a weak dollar is a dream scenario for crypto." He explains that bitcoin and other cryptocurrencies "are a legitimate component of the foreign exchange market, and it's like any other currency. It rises as the dollar falls." Meanwhile, economic data came in today that the U.S. economy grew at 2.9% in Q4 of 2022, which was slightly ahead of the 2.8% expectation. Whi...

Source: piter2121/Adobe The South Korean crypto exchange Bithumb has suffered another double blow from the nation’s prosecutors – who have raided the exchange in a price manipulation probe. Officers also want to arrest Bithumb’s suspected largest shareholder on embezzlement charges. YTN reported that the Seoul Southern District Prosecutor’s Office “conducted a search and seizure operation” at the firm’s offices on January 26. The media outlet reported that the prosecution is believed to have “launched an investigation” into a “possible illegal transaction” involved during “the process of listing and trading cryptoassets.” The altcoin GOM2 was the only token named in media reports. The same coin was delisted by the Bithumb rival Upbit last year over disclosure-related matters. 24-hour trading volumes on the Bithumb crypto exchange. (Source: CoinGecko) Media outlets also noted that the invest...

Source: AdobeStock / Corney Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________ Exchange news Creditors have approved the rescue plan of Australian company Digital Surge , preventing the crypto platform from going bankrupt following the fall of the FTX exchange. Customers and unsecured trade creditors of the Brisbane-based crypto platform will receive 55 cents to every Australian dollar of their claims made on 8 December, after creditors assented to a rescue package put forward by founders Josh Lehman and Daniel Rutter, Business News Australia reported. Binance.US was awarded accreditations by the International Standards Organization (ISO) and the International Electrotechnical Commission (IEC). A-LIGN , an independent, third-party auditor, issued the certification, the announcement said. Investment news Circle , the issuer of the USDC stable...

Six tried and tested on-chain metrics are repeating patterns last seen at the bottom of the past three bear markets. Several on-chain metrics from the Bitcoin (BTC) network are flashing buy signals following this year’s rally. Bitcoin has broken out of its torpor to notch up a 37% gain since the beginning of 2023. However, on -chain data is still signaling it could be a “ generational buying opportunity ” according to analysts. On Jan. 24, researcher and technical analyst “Game of Trades” identified six on-chain metrics for his 71,000 Twitter followers. The first metric is an accumulation trend score highlighting zones of heavy accumulation in terms of entity size and the number of coins bought. “Large entities have been in deep accumulation mode ever since the FTX collapse,” the analyst noted before adding “similar accumulation took place in the 2018 and 2020 bottoms.” Bitcoin: 6 on-chain metrics calling for a generational long-term buying opportunity A thread — Game of Trade...

On January 23, 2014, Vitalik Buterin officially announced Ethereum ( ETH ) on Bitcointalk. It has been exactly nine years since Buterin’s announcement of what has become the second-largest cryptocurrency by market cap. Buterin began speaking with the Bitcoin (BTC) community in 2011. He joined BTC founder Satoshi Nakamoto’s BitcoinTalk. Moreover, around the same time, Buterin co-founded Bitcoin Magazine and began putting out articles on the site. In an effort to create a new, better version of Bitcoin, he started traveling to meet with BTC engineers around the world. The Ethereum co-founder, along with Gavin Wood, Charles Hoskinson, and Jeffrey Wilcke was the main core developers. Additionally, Joseph Lubin, Mihai Alisie, Anthony Di Iorio, and Stephan Tual were mentioned as the group’s major non-development members. Buterin shared his idea and urged the public to take part in the new network. People joined as contributors, developers, investors, and evang...

An anomaly apparently caused around half of Cardano’s nodes to disconnect and restart over the weekend, with the root cause still under investigation. Cardano stake pool operators (SPO) and users have been reporting at least half of the nodes for the network briefly went offline over the weekend.  According to a Jan. 22 post shared on the Telegram SPO for Input Output Global, the engineering and research fintech behind the Cardano blockchain, an anomaly caused 50% of Cardano nodes to disconnect and restart.  Last night during the anomaly on the #Cardano network, the entire network did not go down. There was a brief period of degradation. Most nodes impacted had gracefully recovered. No network restart was required. pic.twitter.com/FupQXk2otV — Rick McCracken DIGI (@RichardMcCrackn) January 22, 2023 “This appears to have been triggered by a transient anomaly causing two reactions in the node, some disconnected from a peer, others threw an exception and restarted,” the post said, ex...

Rumors are rife on social media that PulseChain Testnet is all set to be launched sometime in February 2023. A handful of Hex investors are tracking PulseChain’s progress claiming that the V3 Testnet could be out next month. The speculations rose after Hex founder Richard Heart confirmed in a recent interview with influencer Mati Allin that “software development on PulseChain is going really great” . The founder explained that PulseChain is under development but he did not announce a tentative release date for the layer-1 network. “The software development on PulseChain is going great. I’m seeing screenshots of a staking launchpad for V3. So like, V3 is so close, it’s close,” Heart is heard saying in the video. Also Read: Ripple: XRP Geared Up To Reach $0.43 Next? JUST IN: “#PulseChain Testnet v3 is so close” 🤯 $ HEX #PulseX pic.twitter.com/3whp1m045T — HviidHEX (@HviidHEX) January 10, 2023 PulseChain...

On January 22, the leading cryptocurrencies such as Bitcoin and Ethereum are on a rise, having surged nearly 10% in the last seven days. Bitcoin is holding over $23,000 and Ethereum is up to trade above $1,650.  Bitcoin experienced a significant upswing and some possible contributors to this phenomenon include whale activity, public buying, and cryptocurrency's potential for disrupting financial services.  The crypto market's stability has returned after a long period of volatility and many people are now positive about the coin's future. Santiment reported that, of the $1 billion+ accumulation that occurred over the past 15 days, a majority was from 1-1000 BTC transactions. In addition, coins held by whales with 1000 - 10,000 BTC holdings accounted for 83% of the accumulation. Top Altcoin Gainers and Losers Aptos (APT), Optimism (OP), and ApeCoin (APE) were the top performers in the last 24 hours. APT's price has increased by more than 38% to $12.67...

Map2Earn is a revolutionary Metaverse-oriented economic model that enables users to become mappers while earning tokens. Blockchain has been fostering the development of new and often unpredictable markets and economies driven by demand for innovation. From unprecedented crowdfunding mechanisms to play-to-earn (P2E) and move-to-earn (M2E) models, decentralized technology is empowering communities like never before. One of the next big things in today’s tech revolution is the so-called Map2Earn — an emerging and fast-growing trend revolving around an economic model that incentivizes people to scan physical locations and buildings for 3D mapping. While this is not an independent market yet, Map2Earn may play an essential role in augmented reality and the Metaverse. Both are multibillion-dollar markets and are expected to expand rapidly in the following years. Some analysts expect the Metaverse market to exceed the $1 trillion mark by 2030. The AR and virtual reality market may grow to a...