Saudi Arabia partners with The Sandbox for future metaverse plansIn a partnership ceremony at the Leap 2023 conference in Saudi Arabia, The Sandbox entered into an MOU with the government of Saudi Arabia for future metaverse development.Feb 8, 2023Savannah Fortis
ConsenSys founder ‘bullish’ on Ethereum following crypto winter performanceEthereum co-founder and ConsenSys founder Joe Lubin says ETH’s relatively stable value through crypto winter is reason to be bullish about Ethereum’s future.Feb 8, 2023Gareth Jenkinson
Happy Bitcoin anniversary, Tesla — Elon Musk firm still hodls 9.7K BTCBitcoin exposure may be down 77.5%, but Tesla still has the third-largest BTC holdings of a publicly listed company.Feb 8, 2023William Suberg
CoinGecko and 21Shares propose global crypto classification standardThe new crypto classification effort aims to help investors and regulators spot potential crypto failures like those seen in 2022.Feb 8, 2023Helen Partz
Russia’s Gazprombank recommends slow CBDC rollout fearing loss of incomeGazprombank, a subsidiary of a state-owned energy corporation, which participates in Russia’s CBDC initiative, fears losing a part of its income as the digital ruble replaces traditional fiat currency.Feb 8, 2023David Attlee
Ethereum gas price spikes 29% in January as user activity grows: ReportEthereum block statistics show that the average number of blocks mined each day showed little to no change, while the total block size per month increased by 7%.Feb 8, 2023Gareth Jenkinson
Algorand to drive Web3 adoption in India through key partnershipsAlgorand has partnered with several educational institutions and schools to create programs for faculty members, students and businesses looking to jump into Web3.Feb 8, 2023Ezra Reguerra
Bitcoin bulls stumble at $23.4K as Fed’s ‘disinflation’ sparks BTC price rallyBitcoin price action returns to tackle familiar resistance, with bulls failing to make fresh inroads toward $25,000.Feb 8, 2023William Suberg
NYU to launch Web3 learning workshop in partnership with Near ProtocolThe course exposes students to the technology underlying the industry, with hands-on experience working with Web3 tools.Feb 8, 2023Savannah Fortis
Alameda wallets resurrect to transfer FTT in the millionsAlameda linked wallet bought 1 million FTT, worth $2.3 million, before opening a loan position on the decentralized crypto lending platform Abracadabra.Feb 8, 2023Prashant Jha
SEC to up scrutiny of firms offering or giving advice about cryptoAfter a recent warning from the SEC, registered crypto brokers and advisers may need to be on edge when giving advice this year.Feb 8, 2023Ciaran Lyons
South Korean officials traveled to Serbia to find Do KwonSouth Korean authorities have previously requested cooperation from the Serbian government to bring Kwon back.Feb 8, 2023Brayden Lindrea
DCG offloads shares in Grayscale trusts to raise capital: ReportThe purported sales are the latest measures the embattled firm has taken following moves in recent months to raise capital and preserve liquidity.Feb 8, 2023Luke Huigsloot
BIS to launch stablecoin monitoring project and up focus on CBDC experimentsThe bank for central banks is expanding its CBDC research while developing a platform to monitor stablecoin balance sheets.Feb 8, 2023Martin Young
Voyager subpoenas FTX and Alameda execs as judge orders fee examiner On behalf of Voyager, law firm Kirkland & Ellis subpoenaed four executives from FTX and Alameda requesting an enormous array of documents.Feb 8, 2023Luke Huigsloot
Digital pound could co-exist with private stablecoins — UK central bankThe central bank wants an e-GBP to be retail-focused and could form part of a “mixed payments economy” alongside cryptocurrency stablecoins.Feb 8, 2023Brayden Lindrea
Nokia uses the metaverse to connect remote breweries, train aircraft techsOnce known as a manufacturer of hardy mobile phones, Nokia has been working on developing industrial use cases for the metaverse.Feb 8, 2023Felix Ng
SBF’s lawyers move to block release of bail guarantors’ identitiesThe appeal, filed on the last possible day, prevents the names of two bond guarantors for SBF from being revealed until at least Feb. 14.Feb 8, 2023Luke Huigsloot
Former Coinbase product manager pleads guilty in insider trading case United States prosecutors have labeled this as the first insider trading case in cryptocurrency.Feb 7, 2023Judith BannermanQuist
US Democrats want more info on agencies’ crypto mining data collectionElizabeth Warren and seven other Democrats want to know how much the Environmental Protection Agency and Energy Department know about crypto mining energy draws.Feb 7, 2023Derek Andersen
VC Roundup: ZK proofs, DeFi protocol and longevity DAO attract investment Venture capital deals slowed in the second half of 2022 amid the bear market. However, behind the scenes, blockchain startups continue to build.Feb 7, 2023Sam Bourgi
ConsenSys CEO: ‘We’ve retained virtually all of our capabilities’ after job cutsCEO Joe Lubin says that the layoffs were due to concerns about “macroeconomic and geopolitical” issues that may affect the venture capital markets.Feb 7, 2023Tom Blackstone
US financial regulators warn against crypto exposure in retirement accountsThe financial watchdogs targeted self-directed individual retirement accounts with potential exposure to crypto in a warning to investors.Feb 7, 2023Turner Wright
Lao CBDC proof-of-concept project to launch using system pioneered in CambodiaThe Lao central bank and the Soramitsu firm signed an MOU to launch the project to expand financial inclusivity and provide sellers with faster settlement.Feb 7, 2023Derek Andersen
US Attorney requests SEC and CFTC civil cases against SBF wait until after criminal trialLawyers for Sam Bankman-Fried said he consented to staying the SEC and CFTC civil cases, while those for Caroline Ellison and Gary Wang did not objec to staying the CFTC case.Feb 7, 2023Turner Wright
ConsenSys releases statement of support for continuation of the Jarrett tax case The court dismissed the Jarretts’ case over the taxation of staking rewards after the IRS issued the refund the couple sought; not good enough, they said.Feb 7, 2023Derek Andersen
Avalanche (AVAX) price is up, but do fundamentals support the rally?AVAX price has been in a strong rally since the start of 2023, but a sustained uptick in its DeFi components is needed in order to sustain the current bullish momentum.Feb 7, 2023Kyle White
Judge denies motion allowing SBF to use messaging appsThe judge did not provide a reason for denying the motion “without prejudice” but added the matter would face oral argument in a Feb. 9 hearing.Feb 7, 2023Turner Wright
The Web3 community responds to Turkish–Syrian earthquake tragedy In the aftermath of a deadly 7.8-magnitude earthquake in southeastern Turkey, the Web3 community has come together to raise awareness and aid for victims of the disaster.Feb 7, 2023Savannah Fortis
Crypto mining firms Hut 8 and US Bitcoin plan mergerThe merger, which will create the company “New Hut,” is still subject to court and regulatory approval by U.S. and Canadian authorities.Feb 7, 2023Turner Wright