North Korean Hackers Swipe $600M in Crypto in 2023 || Curated CoinCodeCap #5 January 2024
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:
Cryptocurrency exchange Coinbase plans to acquire a MiFID-licensed entity located in Cyprus.
This strategic move is designed to boost Coinbase’s derivatives offerings across the European Union. Keep Reading »
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CertiK Falls Victim to Phishing Scam : Official Account Hacked
Blockchain security firm Certik has had its social media handles compromised
CertiK alerted users about a vulnerability in the Uniswap Router contract Keep Reading »
Bank of Spain Advances CBDC Exploration, Announces Key Partnerships for Testing
The Central Bank of Spain has selected its partners for the CBDC experiment one year after releasing an open request for partners.
An additional component of the Cecabank-Abanca consortium-led experiment will see the payment of a fictitious tokenized bond using the wholesale CBDC. Keep Reading »
SEC Urges Court to Consider Terraform Labs Ruling in Ongoing Binance Lawsuit
In a federal court filing, the US SEC requests that a judge provide a summary judgment ruling in its lawsuit against the crypto exchange Binance.
Judge Amy Jackson could consider rejecting a motion to dismiss from Binance based on “further grounds” offered by the Terraform Labs ruling. Keep Reading »
Central Bank of Nigeria Approves cNGN Stablecoin Trial
cNGN adheres strictly to the regulatory standards set by the CBN, the Nigerian SEC, and NFIU.
The stablecoin is pegged at a 1:1 ratio to the Nigerian naira and is under the oversight of the Africa Stablecoin Consortium Keep Reading »
New IRS Mandate Requires Reporting Crypto Transactions Over $10K
Infrastructure Investment and Jobs Act mandate anyone receiving $10,000 or more in crypto as part of their trade or business to file a detailed report with the IRS.
Failure to comply with this reporting requirement within 15 days of the transaction may result in felony charges. Keep Reading »
Ex FTX CEO Sam Bankman-Fried Unlikely to Face Second Trial, U.S. Prosecutors Say
Prosecutors reportedly emphasized the “strong public interest” in promptly resolving the case
Prosecutors argue that most of the evidence has already been revealed during the first trial 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
Has Time Come to Short Balancer Crypto: BAL Price Analysis
Balancer (BAL) is a governance token for the Balancer protocol, a decentralized portfolio manager and liquidity provider on Ethereum. BAL holders can vote on proposals and steer the direction of the protocol, as well as earn rewards by contributing to liquidity pools. Keep Reading »
Is Polygon (MATIC) about to fall?
Polygon (MATIC) is a leading Ethereum scaling solution, offering a platform to create and connect various kinds of blockchain applications. However, the MATIC price has been facing challenges lately, dropping more than 70% of its value from its record high of $2.92 in December 2021. In this article, we will examine the current price movements, weekly performance, future prospects, and news summary of Polygon (MATIC). Keep Reading »
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 »
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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