CryptoExplorer ✪

2023-01-10 00:42:20 Global Recession Will Push Bitcoin Price to Remarkable Highs In 2023
Bitcoin’s turbulent performance in 2022 hasn’t deterred big players from predicting a promising run for the asset in 2023. Bloomberg is one such platform with a bullish outlook on Bitcoin and presents notable reasons why the asset is poised to see rapid growth in the new year. “The rising potential for a severe global economic shutdown may be a top crypto performance factor in 2023. Our bias is that Bitcoin is most likely to come out ahead in most scenarios…” Bloomberg explains. Read more Open / Comment

2023-01-10 00:33:47 This Week In Crypto (01)
1. SBF enters not guilty plea
2. US Feds put together ‘FTX task force’
3. SEC files objection to Binance.US
4. Coinbase reaches $100M settlement
5. Community celebrates Bitcoin Genesis Day
CW52 (last week) Open / Comment

2023-01-08 23:49:35 Ethereum developers eye February public testnet for Shanghai upgrade
The planned Shanghai upgrade of the Ethereum network will focus exclusively on ether (ETH) withdrawals, according to a recent core developers call. Shanghai is an upgrade that will open validator staking withdrawals, a feature presently missing from the network. With a planned launch of the upgraded mainnet sometime in March, users will be able to access coins that have been staked on the network. These coins became temporarily inaccessible as part of The Merge — when Ethereum transitioned to proof-of-stake consensus in September. Read more Open / Comment

2023-01-07 11:32:15 Polygon (MATIC) Partners With Mastercard to Launch Web3-Focused Incubator
Yesterday, payments giant Mastercard announced at CES 2023 that via a partnership with blockchain startup Polygon it is launching a Web3-focused incubator to help artists. Raja Rajamannar, chief marketing and communications officer at Mastercard, told TechCrunch: “The core of this program is providing emerging artists with the web3 tools and skills they need to excel and advance their music careers in this digital economy. By providing access to experts and innovators in the space, the artists will be guided on how to incorporate web3 into their work throughout the entire program and then beyond… We see that web3 holds tremendous promise for artists and creators to create, own and monetize their content, but only if they know how to leverage it… This past year was big for us, with experimental web3 activations around the world.“ Read more Open / Comment

2023-01-06 23:09:22 Morgan Stanley now holds bitcoin on behalf of their fund customers
The Morgan Stanley Europe Opportunity Fund revealed in a filing it bought $3.6 million worth of GBTC, that being the Grayscale Bitcoin Trust that holds actual spot bitcoin. “The Fund may, consistent with its principal investment strategies, invest up to 25% of its total assets in a wholly-owned subsidiary of the Fund,” it says, adding: “The Subsidiary may invest in bitcoin indirectly through cash settled futures or indirectly through investments in Grayscale Bitcoin Trust (BTC) (“GBTC”), a privately offered investment vehicle that invests in bitcoin.” Read more Open / Comment

2023-01-05 14:52:35 Crypto payments volume in eCommerce climbs over 60% in 2022
Despite markets now suffering a severe correction, the number of retailers who are willing to accept cryptocurrency payments continues to rise with a steady increase in the volume of crypto purchases made online in the eCommerce sector. Every year, the most popular argument given by retailers for accepting cryptocurrency payments is the same: improved access to services for consumers who are unbanked or concerned about their privacy, which eventually results in increased sales. Read more Open / Comment

2023-01-04 13:51:13 Sam Bankman-Fried pleads not guilty in FTX fraud case
Sam Bankman-Fried pleaded not guilty on Tuesday to criminal charges that he cheated investors in his now-bankrupt FTX cryptocurrency exchange and caused billions of dollars in losses, in what prosecutors have called an "epic" fraud. He entered his plea in Manhattan federal court where he faces eight criminal counts, including wire fraud and money laundering conspiracy. The 30-year-old ex-mogul is accused of looting FTX customers' deposits to support his Alameda Research hedge fund, buy real estate and donate millions of dollars to political causes. Read more Open / Comment

2023-01-03 16:50:10 O.G. Bitcoin Developer Has All of His BTC Holdings Stolen
Luke Dashjr, one of the early developers in Bitcoin’s history, announced on Twitter today that his PGP key had been compromised and his bitcoins have been stolen. The amount of bitcoin lost is still unknown, but a significant portion seems to have been transferred to 1YAR6opJCfDjBNdn5bV8b5Mcu84tv92fa via the CoinJoin mixing service, according to Dashjr. Read more Open / Comment

2023-01-02 14:05:00 This Week In Crypto (52)
1. SBF to enter plea deal
2. Mango’s exploiter arrested
3. Kraken quits services in Japan
4. Kevin O’Leary’s Twitter hacked
5. Sber issued gold-backed digital financial assets
CW51 (last week) Open / Comment

2023-01-01 14:22:00 Happy New Year, crypto fam! May your portfolio be bullish, your transactions be swift, and your HODL game be strong. Let's make it a great year for all things digital and decentralized! Open / Comment