Crypto

Source: Bitcoinist As the year draws to a close, significant developments are emerging from the fallout of the defunct cryptocurrency exchange FTX, once led by convicted founder Sam Bankman-Fried. After months of anticipation, there are signs that payouts to FTX customers affected by the exchange’s collapse two years ago are finally on the horizon. $16…

Source: Coin Tegraph The revived Flappy Bird mobile game has the “option to use Web3,” but a spokesperson says it will “never have NFTs.” Read Full Article

Source: Bitcoinist Data shows the Bitcoin Open Interest has been heading up again recently, a sign that volatility could be coming for the asset’s price. Bitcoin Binance Open Interest Has Registered A Notable Increase Recently As explained by an analyst in a CryptoQuant Quicktake post, the BTC Open Interest on Binance has risen to $28.3…

Source: Coin Tegraph In 2022, Coinbase asked the SEC to propose and adopt rules to govern crypto, including clarification on which crypto assets are securities. Read Full Article

Source: Coin Tegraph The hackers shilled the fake “OPENAI” token on OpenAI’s press account, a method reminiscent of previous X hacking incidents targeting the firm’s executives in the past. Read Full Article

Source: Bitcoinist According to a recent report from Bloomberg, crypto assets and US stocks are increasingly moving in tandem, reflecting a significant correlation that has not been seen in recent months. This correlation suggests that the macroeconomic factors influencing equity markets also shape the digital asset landscape. Correlation Between Digital Assets And S&P 500 Per…

Source: Coin Tegraph The defendants are accused of operating a fraudulent crypto-mining operation that sold mining equipment for a blockchain that didn’t exist.  Read Full Article

Source: Coin Tegraph The court and jury could have misunderstood Sam Bankman-Fried’s behavior during his criminal trial due to his autism and attention deficit disorders, doctors wrote in a recent amicus brief. Read Full Article

Source: Bitcoinist The global digital asset investment market has significantly rebounded recently, marking a strong recovery for crypto-based funds. According to CoinShares, global crypto investment products brought in $321 million in net inflows last week. This follows two weeks of outflows, signaling a shift in investor sentiment as macroeconomic conditions, such as the recent US…

Source: Coin Tegraph A Bitcoin breakout could happen within the next “handful” of days, according to a pseudonymous crypto market analyst. Read Full Article