
72% of institutional traders are crypto-skeptical this year: JPMorgan
While many hope the cryptocurrency market will rebound in 2023, a recent study has found 72% of institutional traders don’t plan on trading digital assets this year — much due to the volatility of the market and recessionary-like conditions.

Regulatory action against Mango Markets exploiter is a win for DeFi — Moody’s
Credit rating firm Moody’s believes that SEC and CFTC both filing charges against alleged market exploiter is a “credit positive” for the industry and could lead to a safer environment for investors.

Elon Musk's Tesla Suffered Multi-Million Loss From Bitcoin Holdings In 2022
In a filing with the Securities and Exchange Commission on Jan. 31, Tesla disclosed that it had recorded a gross impairment loss of $204 million to Bitcoin in 2022.

Bithumb owner arrested in South Korea over alleged embezzlement
Bithumb owner Kang Jong-hyun has been arrested on charges of alleged embezzlement and stock manipulation.

Here's what the Fed interest rate hike means for you
The Federal Reserve raised its key rate by a quarter point Wednesday, bringing it to the highest level in 15 years as part of an ongoing effort to ease inflation by making borrowing more expensive

Crypto theft: North Korea-linked hackers stole $1.7b in 2022
Experts have said the country, facing heavy sanctions, is turning to crypto theft to fund its nuclear arsenal.

Bitcoin jumps to highest since August in post-fed crypto rally
Bitcoin hit the highest since August as investors interpreted Federal Reserve Chair Jerome Powell’s comments about progress on inflation as a sign that a less harsh monetary policy backdrop lies ahead.

CryptoSlate Wrapped Daily: AllianceBlock hacked for $12M; Nostr launches Damus app
The biggest news in the cryptoverse for February 1 saw DeFi platform AllianceBlock fall victim to a $12 million exploit. The post CryptoSlate Wrapped Daily: AllianceBlock hacked for $12M; Nostr launches Damus app appeared first on CryptoSlate.
Jurassic Park star Sam Neill targeted in fake romance scam
'Their sole purpose is exploiting people’s weaknesses and lonely hearts'

UK Releases Draft Rules on Regulating Crypto Sector
The U.K. finance ministry released draft rules on Wednesday to regulate the troubled cryptocurrency industry.
First Mover Asia: Is Bitcoin's Ride Past $24.1K a Stopping Point or Sign of Further Gains?
ALSO: Shaurya Malwa writes that Waves’ decision to abandon the stablecoin model underlines a decline in this sector stemming from the Terra UST implosion and...

Marketo’s New Startup Raises $7.5M to Match Crypto Wallets to Their Owners
Addressable, Marketo’s startup focused on Web3 marketing, recently raised $7.5 million.