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In February 2023, Polygon announced layoffs affecting about 100 people as part of internal restructuring efforts.

#bitcoin #law and order

El Salvador president Nayib Bukele is set to win Sunday's election, polls say. And if he does, he'll continue with his Bitcoin push.

The Energy Information Administration (EIA) is starting a survey to track the electricity consumption of crypto miners in the U.S.

The largest crypto exchange in the world stopped offering its services to U.K. customers in October after it failed to comply with a rule change made by regulators last year.

#finance #news #sam bankman-fried #ftx collapse #ftx #larry david

Sam Bankman-Fried's cryptocurrency exchange infamously collapsed months after the commercial.

#etf #bitcoin price #bitcoin analysis #bitcoin community #ethereum 2.0

The effects of the spot Bitcoin ETF approval will go far beyond the capital inflows into these investment products, according to Swan Bitcoin CEO Cory Klippsten.

The company behind Ethereum scaling network Polygon has laid off 19% of its team, less than a year after an even larger layoff.

#finance #opinion #artificial intelligence #ai #chatgpt #newsletter #crypto for advisors #financial advisors

Content creation and productivity are the main benefits of advisors utilizing AI tools.There are some helpful things that AI can do to help financial advisors.

The Volkswagen Group says it’ll collaborate with the tech sector in Europe, North America and China.

City-builder game Serum City is now live, and holders of Bored Ape NFTs and more can claim a free Ethereum access pass.

BTC price expectations offer little optimism for February, with Bitcoin almost coming full circle for the first month of 2024.

Reza is joined by Jason from Holograph.xyz

They dive into the multichain future and what that means for NFTs, DeFi, RWAs, and more.

GG’s 2023 Game of the Year debuts new NFT cards with the Season 1 battle pass—and the Parallel open beta launch is coming soon.

Taproot Wizards struggled with technical issues during Monday's initial attempt to sell about 3,000 of the "NFTs on Bitcoin." The team says they underestimated demand, and says the minting site is now fixed but needs more time for testing.

#finance #tokenization #news #tokenized assets #superstate #robert leshner

Superstate's USTB token aims to offer institutional investors an alternative to stablecoins to earn a yield on their on-chain cash holdings, Superstate founder and CEO Robert Leshner said.

The Binance Inscriptions Marketplace provides a "one-stop solution" within the Binance Web3 Wallet for Bitcoin BRC-20 tokens such as ORDI.

The Ethereum-focused developer firm attributes the layoffs to working more effectively, rather than financial reasons.

Crypto trading startup Velar raised $3.5 million to build a suite of DeFi tools for Bitcoin's nascent DeFi scene

NFT Collector Suzanne has an incredible collection of Pudgy Penguins, CryptoPunks and Fidenza’s — but she advises noobs not to get too eager.

#anti-money laundering #crypto trading #regulatory challenges #china cryptocurrency #stablecoin investments #vietnam stablecoin #crypto enthusiasm #asian crypto market #kyros ventures report

According to a Kyros Ventures report, 33.3% of Chinese investors hold a large number of stablecoins, ranking them second only to Vietnam's 58.6%, indicating a higher level of risk appetite.

#gaming #news #funding rounds #web3 #web3 gaming

Saltwater closed its seed round on the heels of acquiring gaming developers Maze Theory, Nexus Labs and Quantum Interactive.

The new company, Ionic Digital, expects to hit mining capacity of 12.7 exahash per second (EH/s).

A new study by the on-chain sleuth found possible pump and dump patterns for 54% of tokens listed in 2023.

#coins

The potentially scammy tokens only represented 1.3% of DEX volume in 2023, suggesting only a small number of traders fall for them, according to a Chainalysis report.

The potentially scammy tokens only represented 1.3% of DEX volume in 2023, suggesting only a small number of traders fall for them.

El Salvador is likely to keep its Bitcoin ambitions if President Nayib Bukele is reelected on Feb. 4.

#smart contracts #21shares #regulatory challenges #cryptocurrency regulation #blockchain development #eu data act #crypto innovation #crypto hubs

21Shares' "State of Crypto" report says global regulatory shifts and their implications for the industry have created “jurisdictional competition” among emerging crypto hubs.

Ray Chan, the CEO of Memeland, explains why SocialFi may not be the best way to describe decentralized social media and how social apps are easier to onboard users than trading apps.

#hong kong #cryptocurrency exchange #sfc #bybit #crypto regulation #vatp license #spark fintech limited #professional investors #retail crypto trading

The cryptocurrency exchange submitted its license application on Jan 31.

#markets #news #bitcoin #first mover #bitcoin etf

The latest price moves in bitcoin [BTC] and crypto markets in context for Feb. 1, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.