Coinbase director accuses Binance of insider trading | Curated CoinCodeCap #23 January 2023
Crypto Regulation, DAO Wars, DeFi Sagas, Bitcoin Supremacy, and Digital Avatars, all here with market updates and a meme.
While Bitcoin paves the path for crypto mass adoption, Ethereum becomes the sword of Keyboard warriors. Here’s what happened to the market yesterday:
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Coinbase director accuses Binance of insider trading
Insider trading has emerged as a prevalent issue in the cryptocurrency community, particularly in light of the recent conviction of the brother of an ex-Coinbase manager. An additional set of wallet addresses with transaction records connected to Binance listings have sparked suspicions. The insider trading accusations were previously thought to be the first to utilize cryptocurrencies. Keep Reading »
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Cardano’s Network smoothly recovers after the Node Outage
According to developers, the Cardano network briefly went down on Sunday. However, it was automatically rectified, and as of the time of writing, no single root cause was uncovered.
According to a message sent on the Telegram SPO on January 22, an anomaly forced 50% of Cardano nodes to detach and restart. The financial engineering and research team behind the Cardano blockchain is called Input Output Global. The telegram message indicates: Keep Reading »
Binance’s SWIFT partner Signature to cease USD transfers below $100K
World’s leading crypto exchange Binance has informed its users that it will ban USD transfers below $100K via the SWIFT payment system. Signature Bank will cease handling fiat-to-crypto transactions worth less than $100k from February 1st.
SWIFT-Society for Worldwide Interbank Financial Telecommunications is a major global member-owned cooperative that functions as a huge messaging system. Keep Reading »
Terra lending protocol Mars to launch Independent Cosmos Appchain on Jan 31
Mars Hub, one of the original Terra Lending Protocols, has recently announced its intention to launch its independent Cosmos application chain on Jan. 31. This move comes as part of an effort to increase transparency and usability for both holders of MARS tokens and investors in the Mars economy. Keep Reading »
The CFTC pursues default for Ooki DAO due to missed court deadlines
The CFTC stated in a court filing that Ooki DAO had until January 10, 2023, to reply to the institution’s lawsuit. The federal judge shall now side with the CFTC, the commodities regulator, because the DAO exceeded the deadline.
Ooki DAO, initially called as bZeroX, is a decentralised cryptocurrency lending and borrowing protocol that allows users to expand their trading exposure by using margin trading with loaned funds.
The regulator has asked the court for a “entry of default” against the DAO, based on a court document filed on January 11. The regulator claims the DAO didn’t meet its obligation to “respond or otherwise defend” as required by the subpoena. Keep Reading »
NFT Weekly Market Update (Dec 27th – Jan 2nd)
We saw the highest of Number of Sales on 31st December which was 18.6K and the Lowest of number of sales was recorded on 2nd January which was 12.9K. This Metric showed an overall Decrease.
Market Updates
CAKE Price Analysis January 2023
CAKE is a token of the platform PancakeSwap. Its current price is around $3.49 at the time of writing, with a low of $2.51, and it has a market cap of 566 million dollars. Keep Reading »
SOL Price Analysis January 2023
SOL is a token of the platform Solana. Its current price is around $16.41 at the time of writing, with a low of $8.14, and it has a market cap of 6 billion dollars. Keep Reading »
TKO Price Analysis January 2023
TKO is a token of the platform Toko Token. Its current price is around $0.2631 at the time of writing, with a low of $0.1722, and it has a market cap of 28 million dollars. Keep Reading »
WOO Price Analysis January 2023
WOO is a token of the platform WOO Network. Its current price is around $0.1678 at the time of writing, with a low of $0.102, and it has a market cap of 247 million dollars. Keep Reading »
Top 5 Crypto to Buy in 2023
The cryptocurrency market is one of the most volatile markets in the world, with a lot of uncertainty and risk.
However, it is still one of the best investment opportunities for long-term investors. Experts believe the crypto market will be worth around $200 trillion by 2030.
As of now, Bitcoin is only a fraction of this market, with more money likely to be in altcoins such as Ethereum. There are more than 20000 possible crypto assets to invest in today, and trying to find the best ones can be challenging. These are the top 5 cryptos to buy in 2023. Keep Reading »
Top 5 Crypto to Buy after FTX Crash: TRX, MATIC, IMPT, APE, and ADA
FTX filed for Chapter 11 bankruptcy on November 11, and its implosion created a ripple effect across the crypto industry. The crash of FTX has had a major impact on the crypto market and exchanges that use it. Keep Reading »
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