CoinCodeCap WeekInFocus: December 17, 2023
WeekInFocus is your ally in plugging in the gaps in the news you might have missed during the course of the previous week. Beyond that, it serves as a catalyst for your development : )
While Bitcoin paves the path for crypto mass adoption, Ethereum becomes the sword of Keyboard warriors. Here’s what happened to the market yesterday:
News
Global
South Korea Exempted NFTs and CBDCs from Crypto Interest Mandate
El Salvador’s Bitcoin Bond Secures Regulatory Nod, Aims for Q1 Launch
Japan’s SBI Eyes Partnership with Saudi Aramco for Digital Asset Investment
FASB Introduces New Standards to Enhance Crypto Asset Disclosure
Taiwan Initiates Investigation into Crypto Betting on Election Results: Reports
Platform and Tokens
Tether Unveils Stringent Measures: Wallet-Freezing Policy for OFAC-Sanctioned Individuals
Venus Protocol To Recover $270,000 Following Price Oracle Glitch
KuCoin Settles $22 Million Lawsuit with New York, Announces Exit from State
Immortal Game Abandons Crypto Integration, Citing Rampant Cheating Concerns
Montenegro Extends Do Kwon’s Detention Amidst US and South Korea Requests
Project Updates
Podcasts and Interviews
Job Listings
2k23 Events Keep Reading »
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Tether’s Tightens Law Enforcement Amidst Illicit Activity Allegations
Tether Intensifies Efforts to Combat Illicit Crypto Activities Through Enhanced Collaboration with Law Enforcement
Recently, Tether announced that it had begun a voluntary wallet-freezing policy. Keep Reading »
Taiwan Initiates Investigation into Crypto Betting on Election Results: Reports
Taiwanese citizens have been advised against utilizing crypto-betting platforms to place bets on the results of the forthcoming presidential election.
A recent local story claims that several Taiwanese nationals have bet on the next presidential election using the decentralized betting website Polymarket. Keep Reading »
Ripple Executive Forecasts Significant Shifts in the Crypto Landscape for 2024
Stuart Alderoty, the chief legal officer of Ripple, has offered predictions on the state of cryptocurrencies in 2024.
Alderoty believes that the court will play a big part in limiting SEC abuse, and he even suggests that ongoing legal disputes may end up in the US Supreme Court. Keep Reading »
Nirvana Finance Hacker pleads guilty, to forfeit $12.3 Mln
Ahmed has agreed to forfeit $12.3 million and pay $5 million in restitution
The hacker could face a maximum sentence of five years in prison Keep Reading »
Venus Protocol To Recover $270,000 Following Price Oracle Glitch
Twitter users pointed out an exploited isolated pool on Venus Protocol for liquid-staked BNB.
A short-term price discrepancy occurred with the Binance Oracle responsible for price feeds in an isolated pool. Keep Reading »
Sam Bankman-Fried’s Appeal for Release Denied by Appeals Court
SBF will remain behind bars after his legal team was unable to persuade an appeals court in the US to grant him release while he challenges his conviction.
The New York court disregarded his claim that he was exercising First Amendment-protected free speech. Keep Reading »
Tax Season incoming? Don’t worry we got you covered! 😃
10 Best FREE Crypto Tax Software in 2023
Whether you’re a beginner in crypto trading or have been in the space for a while, you’ll need to pay taxes. As regulations are kicking in, you must calculate crypto taxes correctly. Crypto tax software allows you to calculate profit and loss from your crypto trading and take deductions on expenses. Therefore, this article lists some best crypto tax software, their top features, and some key statistics. Keep Reading »
WeekInFocus is your ally in plugging in the gaps in the news you might have missed during the course of the previous week. Beyond that, it serves as a catalyst for your professional and personal development by introducing you to new ideas and exciting job opportunities. Join us in accepting both what is occurring and what is conceivable. Keep Reading »
Market Updates
Ethereum set for Upward Rally!
Ethereum is the biggest cryptocurrency by market value if we exclude Bitcoin and its also the most used platform for decentralized applications (DApps) and smart contracts. Keep Reading »
GRT eyeing Huge Breakout: Don’t Miss Out!
The Graph is eyeing a good breakout in the charts. GRT helps in facilitating web 3.0 by enabling data access and queries. Keep Reading »
Bitcoin Analysis: More High levels coming!
Bitcoin (BTC) has been on a great surge lately! It is galloping towards greater levels and higher price charts. Keep Reading »
OP Crypto: Going Long!
Optimism (OP) is a layer-two scaling solution for Ethereum that uses optimistic rollups to improve speed, scalability and cost-efficiency. OP is the governance token of the Optimism network and is used to pay for transaction fees and participate in decision-making processes.Keep Reading »
Top 3 DeFi Crypto Tokens to Buy
DeFi, or decentralized finance, is a fast-growing sector of the cryptocurrency industry that aims to provide various financial services without intermediaries or centralized control. DeFi applications are built on smart contracts that run on blockchains, such as Ethereum, and offer users access to lending, borrowing, trading, investing, and more. Keep Reading »
Best 3 Meme Coins to Buy in 2023
Meme coins are cryptocurrencies that are inspired by internet memes, jokes, or pop culture references. They often have a loyal fan base and a strong community spirit. Some of them also offer utility and innovation beyond the memes.
Here are the best 3 meme coins to buy in 2023, based on their price performance, market potential, and future prospects. Keep Reading »
Top 5 Gaming Cryptos to Buy Now for Thrilling Returns
In the ever-evolving landscape of cryptocurrencies, gaming cryptos have emerged as a captivating investment avenue. These digital assets hold immense potential, as they combine the lucrative world of cryptocurrencies with the booming gaming industry.
If you’re looking to diversify your portfolio and capitalize on this exciting trend, here are the top 5 gaming cryptos to consider investing in right now. Keep Reading »
3 Main Reasons Why You Should Use An Automated Cryptocurrency Trading Bot
A crypto trading bot automatically executes orders without your manual intervention. With the trading process being fully automated, there is no need for constant monitoring of the cryptocurrency market. A trading bot will enter and exit the trades whenever certain circumstances and conditions are met. Furthermore, an automated bot works around the clock and helps you to earn profits even while you are asleep. Keep Reading »
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