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ADA-backed algorithmic stablecoin Djed launched on Cardano

The algo-stablecoin Djed from DeFi service provider COTI deployed on the Cardano mainnet after its successful security audit.

Digital asset investment products see highest inflows since July 2022: Report

According to CoinShares, digital asset investment products saw $117 million in inflows last week.

Ordinals protocol sparks debate over NFT's place in the Bitcoin ecosystem

The community has been divided as to whether the NFT-like "digital artifacts" are the right fit for the Bitcoin ecosystem.

Secret Network validator shuts down nodes after leadership turmoil

An internal conflict at the privacy-focused Secret Network has resulted in at least one validator throwing in the towel.

Monkey Drainer-linked scammers possibly exposed after an on-chain quarrel

The scammer referred to their pseudonym during a blockchain message argument which may have revealed their actual identity, according to CertiK.

Bitcoin stays out of fear for 11 straight days as price tips near 24K

Bitcoin's huge price surge in January has meant that 64% of Bitcoin investors are in profit, according to data from IntoTheBlock.

Yuga Labs co-founder to take leave of absence due to health reasons

Aronow said he will still be contributing as a board member and strategic advisor. However, his priority will be to get the best medical treatment he can to make a full recovery.

FTX creditors list, BlockFi $1.2B exposure and new Celsius token: Hodler’s Digest, Jan. 22-28

FTX will be the subject of a U.S. Senate hearing, authorities take HashFlare founders into custody and New York finalizes its PoW ban.

California DMV to digitize car title management system via Tezos

California DMV’s chief digital officer Ajay Gupta emphasized that the agency is looking to modernize its current systems and bring greater transparency to car title transfers.

TradFi and DeFi come together at Davos 2023: Finance Redefined

Decentralized finance meets its traditional counterpart at Davos, with a growing cross-pollination between the two.

The state of Solana: will the layer-1 protocol rise again in 2023?

Despite the latest FTX-related crisis, Solana still has what it takes to win the layer-1 race, according to the head of strategy at the Solana Foundation, Austin Federa.

Here's how the World Economic Forum leaps into the metaverse —Davos 2023

Industry insiders highlight World Economic Forum workshops on the metaverse focusing on user privacy, asset protection and regulation.

Creating self-sovereignty in the creator economy and Web3 — Is there room for both?

NFT Steez sits down with Web3 advocate Julie Plavnik to discuss the concepts of self-sovereignty and digital identity in Web3-based creator economies.

US securities regulator probes Wall Street over crypto custody: Report

The regulator has been probing registered investment advisors over how they've been offering crypto custody to their clients, according to sources.

UK's FCA hints at why its given only 15% of crypto firms the regulatory nod

The UK financial watchdog has received 300 crypto firm registration applications but has approved only 41 applicants.

Bithumb in turmoil, Binance’s 47K law requests, Axie players down 85%: Asia Express

Our weekly roundup of news from East Asia curates the industry’s most important developments. Bithumb in turmoil  On Jan. 25, Yonhap Infomax reported that South Korean authorities had requested an arrest warrant for Kang Jong-Hyun, chairman and owner of cryptocurrency exchange Bithumb, over embezzlement allegations. That same day, the Financial Investigation Second Division of the […]

Binance stablecoin BUSD sees a sharp market cap drop amid solvency and mismanagement worries

Persistent worries about Binance’s solvency, increased regulation of the crypto sector and questionable use cases are chipping away at BUSD’s market capitalization.

Porsche NFT trading volume nears $5M despite launch woes, minting halt

Developers of the nonfungible tokens had halted minting on Jan. 25 in response to user complaints.

Aave purchases 2.7M CRV to clear bad debt following failed Eisenberg attack

Following a failed short attack, DeFi exploiter Avraham Eisenberg was liquidated from Aave at a loss of $10 million.

US Justice Department seizes website of prolific ransomware gang Hive

The group is known to have targeted critical infrastructure and healthcare providers, extorting $100 million from victims worldwide.

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