News

Brett Harrison – former CEO of FTX US – spoke with his followers over the weekend about the tendency of crypto companies to resort to token issuance for raising funds.  He was also questioned regarding his insider knowledge about FTX US and its collapse. Why Not Go Public? In a tweet on Sunday, Harrison questioned why more crypto companies don’t simply go public early in their lifecycle the way Amazon did.  “Relatedly, how do companies reconcile the desire to stay…

Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The Crypto Market ends the week at a total market capitalization of $824 billion. Bitcoin gained nearly 3% in value in the last week. Ethereum increased by almost 6% over the past seven days. XRP is up by nearly 1% this week. Almost all altcoins are trading in the green, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…

Global payments network Mastercard has revealed its latest innovative Web3 venture. Via the new “Artist Accelerator” feature, Mastercard hopes to usher in five burgeoning musicians into the Web3 experience as well as stardom.  Mastercard Program to Teach Web3 Branding Dubbed the Mastercard Artist Accelerator, the initiative is set to leverage Web3 and blockchain solutions to empower rising artists. The Mastercard program will feature a unique training module that prepares artists to utilize Web3 in creating their brands. Not only that,…

Alex Mashinsky, ex-CEO of failed crypto lender Celsius Network is facing a fresh lawsuit from New York Attorney General Letitia James. The lawsuit also seeks to ban Mashinsky from making any business operations in New York. Lawsuit Calls Mashinky a Fraud The suit accuses Mashinsky of committing fraud by being untruthful about Celsius’ financial health between 2018 and June 2022. He allegedly defrauded hundreds of thousands of Celsius users, falsely assuring them of the platform’s stability. This was apparently a…

According to a notice on recruitment site Civil Service Jobs, the UK’s leading crime commission is on the hunt for a crypto investigator. NCA Launches Crypto-specific Unit Per the posting, the new opening falls beneath a project from the agency’s cyber-focused division, the National Cyber Crime Unit (NCCU). The NCCU reportedly has plans to set up a “specialized cryptocurrency and virtual assets team.” The aforementioned unit dubbed the “NCCU Crypto Cell” will have a starting workforce of just 5 personnel.…

2022 saw crypto second-in-command the Ethereum network surpass Bitcoin in terms of transactions. Indeed, Ethereum reeled in four times the amount of transactions BTC processed in the past 12 months. Interestingly, despite this, BTC was able to retain its status as the best-known cryptocurrency, netting more searches than Ethereum did.  BTC Attracts the Most Online Interest in 2022 An analyst shared data on Reddit from financial services corporation Nasdaq alongside investment research platform Ycharts pertaining to both crypto assets. Per…

Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The Crypto Market ends the week at a total market capitalization of $795 billion. Bitcoin lost nearly 2% in value in the last week. Ethereum dropped by almost 2% over the past seven days. XRP decreased by nearly 3% of its value this week. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector increased the total value of protocols (TVL)…

Self-doxxed trader behind the $110M Mango Market exploit Avraham Eisenberg is now in the custody of law enforcement agents. Eisenberg’s arrest came on allegations of commodities fraud alongside manipulation to cart off over $100M worth of crypto from the aforementioned platform.  Eisenberg Charged with Market Manipulation Per a  filing from the United States Attorney Southern District of New York (SDNY), the arrest took place in Puerto Rico. This was on Monday, December 26th. An unsealed criminal complaint on Tuesday alleged…

Crypto Adventure is excited to announce its new crypto guest post feature. This self-service platform is designed to help cryptocurrency businesses and publishers reach crypto communities at an affordable price. With this portal, Crypto Adventure makes it easy for companies and publishers to get their message out and connect with potential customers. The announcement is a significant step forward for the firm, which works to help businesses succeed in the crypto world. A New Way to Reach the Crypto Community…