#CRYPTOPOTATO News

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Argo Blockchain CEO Follows CFO in Stepping Down

cryptopotato.com The leading cryptocurrency miner – Argo Blockchain – announced that its CEO Peter Wall will step down from his post. The company lost its CFO – Alex Appleton – less than a…

ETH Liquid Staking Coins Soar, Bitcoin Retraces Toward $22.5K (Market Watch)

cryptopotato.com Bitcoin dipped hard in the past 24 hours, charting a two-week low of under $22,500. Most altcoins are also slightly in the red, aside from apparent exceptions coming from…

Collector Crypt Closes Competitive Seed Round

cryptopotato.com [PRESS RELEASE – San Francisco, USA / California, 8th February 2023] Collector Crypt, a revolutionary startup bringing the $402 billion physical collectibles market to the…

BNX to Undergo 1:100 Split to Boost Investor Confidence for BinaryX Games and Products

cryptopotato.com [PRESS RELEASE – Singapore, Singapore, 9th February 2023] BinaryX, a Gamefi and IGO platform, today announced it will split its token, BNX. The decision was made after the…

Gala Music Takes Over Grammys Weekend to Discover Tomorrow’s Biggest Artists

cryptopotato.com [PRESS RELEASE – Los Angeles, California, 8th February 2023] Right before one of the biggest nights for recording artists, Gala Music, a global leader in Web3 music, ran an…

swappin.gifts and Coin98 Partnerrship Opens a New World of IRL Shopping Experience

cryptopotato.com [PRESS RELEASE – Vaduz, Liechtenstein, 8th February, 2023] swappin.gifts integration launched in Coin98 Super App to provide the most elegant off-ramp solution for Web3…

U.S. SEC Probes Kraken Over Sale of Unregistered Securities: Report

cryptopotato.com The United States Securities and Exchange Commission (SEC) is probing major American crypto exchange Kraken over its unregistered securities offerings to U.S. investors. The…

Leading Global Bitcoin ATM Provider Coin Cloud Files For Bankruptcy

cryptopotato.com Coin Cloud, one of the largest Bitcoin ATM operators in the US and Brazil, filed for bankruptcy this January 8, leaving nearly $500 million in liabilities. The crypto winter…

Coinbase CEO Concerned About SEC Ambitions to Crackdown on Crypto Staking

cryptopotato.com On Feb. 9, Brian Armstrong cautioned that they were hearing rumors that the SEC would like to “get rid of crypto staking in the U.S. for retail customers.” He said he hopes…

Trust Wallet Clears the Air on Mysterious $4 Million User Hack

cryptopotato.com Trust Wallet – a multi-chain crypto wallet provider – provided a statement on Wednesday explaining recent events allowing for $4 million to be stolen from one of its users.…

After a Devastating 2022: Crypto Firms Will Not Advertise at Super Bowl (Report)

cryptopotato.com Cryptocurrency exchanges will supposedly not promote their products and services during Super Bowl LVII this Sunday (February 12). The bear market in 2022 shook the industry…

TeraWulf Mined More BTC in January Due to Reduced Power Costs

cryptopotato.com The US-based cryptocurrency miner TeraWulf produced 157 BTC in January, a 25.6% increase compared to December. Snow blizzards towards the end of 2022 crippled its operations…

Binance Organizes Crypto Consortium to Revive Trust in Blockchain Industry

cryptopotato.com Binance, the biggest exchange in crypto, seeks to revive trust in the industry after an onslaught of hacks and scams that ravaged its reputation last year. The company is…

Lawyers Challenge SEC’s Attempt at Labelling 9 Tokens as Securities

cryptopotato.com As the Securities and Exchange Commission (SEC) continues vying for regulatory presence over the crypto market, a high-profile industry lawsuit looks poised to answer more…

Breaking Records: NBA Star NFT Sells for $187,000 on Sorare

cryptopotato.com The single edition non-fungible token (NFT) of professional basketball star Giannis Antetokounmpo was sold for 113.9 ETH ($187,000) on Sorare NBA over the weekend. Sorare…

Coinslotty.com Celebrates 100 Closed Affiliate Deals, Announces Gifting Campaign

cryptopotato.com [PRESS RELEASE – Please Read Disclaimer] Coinslotty.com, the online crypto casino managed by Stable Tech N.V., celebrates its first milestone with 100 gift boxes. In a press…

Dubai Forbids Operations With Monero, Zcash, and Other Privacy Coins

cryptopotato.com Dubai’s Virtual Assets Regulatory Authority (VARA) prohibited all activities involving privacy coins such as Monero (XMR) and Zcash (ZEC). The regulator has also enforced…

Cardano Launches EVM-Compatible Sidechain Public Testnet

cryptopotato.com the organization behind the Cardano blockchain, has launched the public testnet of its proof-of-concept Ethereum virtual machine (EVM)-compatible sidechain. The launch…

Brazilian Utility Token Wibx Extends Its Use Cases

cryptopotato.com [PRESS RELEASE – Brazil, São José dos Campos, 7th February 2023] Brazilian company Wiboo has extended the utility of its Wibx token, adding new use cases. The token already…

Coinbase-Backed DeSo Unveils MegaSwap, a Stripe for Crypto product, with Over $5M in Volume

cryptopotato.com [PRESS RELEASE – Los Angeles, United States, 7th February 2023] DeSo is excited to announce the launch of MegaSwap – a revolutionary, cross-chain smart service that enables…

Cardano’s Bullish Momentum Stalls, is $0.36 Imminent? (ADA Price Analysis)

cryptopotato.com Cardano failed to move higher, and momentum is now shifting toward sellers. After multiple failed attempts at the 40 cents resistance, bulls are about to lose control of the…

Bitcoin Rollercoaster on Powell Speech, SAND and ROSE Rally Over 25% (Market Watch)

cryptopotato.com The past 24 hours were quite tumultuous within the cryptocurrency market as major large caps went through a rollercoaster during the speech of the Chairman of the Federal…

SAND Skyrockets 30% Following a Partnership with Saudi Arabia

cryptopotato.com The company behind the play-to-earn blockchain game – Sandbox – signed a Memorandum of Understanding (MOU) with the Saudi Arabia Digital Government Authority (DGA) to incite…

Mintlayer: Shaping the Future of DeFi on Bitcoin

cryptopotato.com Bitcoin is the world’s largest and most popular cryptocurrency, and the protocol is known for its decentralized nature and secure transactions. However, despite its…

Bank of England Releases Paper on Digital Pound CBDC

cryptopotato.com On Feb. 7, the Bank of England and the HM Treasury department published a consultation paper on the “digital pound,” a UK central bank digital currency. It added that the…

Crypto Firm Juno Restarts Services After Finding a New Custodian Partner

cryptopotato.com The Singapore-based cryptocurrency platform Juno announced that all services are “now up and running again.” It increased daily withdrawal limits at the beginning of the…

What Arthur Hayes Got Wrong About His Latest Market Forecast

cryptopotato.com BitMEX co-founder and macro-market analyst Arthur Hayes is deploying his dry powder into Bitcoin sooner than previously planned, according to his latest blog post. Hayes…

Riot Mined an All-Time High of 740 BTC in January

cryptopotato.com The US-based cryptocurrency miner Riot Blockchain produced 740 BTC last month, a 62% increase compared to January 2022 and a new monthly all-time high for the company. The…

South Korean Authorities Searched for Do Kwon in Serbia (Report)

cryptopotato.com A group of South Korean officials reportedly arrived in Serbia last week to look for the infamous Do Kwon. The 31-year-old has been on the run since the collapse of his…

DeFi Platform CoW Protocol Loses Over 550 BNB in Contract Exploit

cryptopotato.com protocol CoW Swap has suffered a smart contract exploit, leading to the loss of approximately 551 BNB ($181,600). According to reports, the attacker added a wallet address…

Bitcoin Increases to $23.3K as Powell Reiterates 2% Inflation Target

cryptopotato.com Federal Reserve Chairman Jerome Powell spoke more on the future direction of monetary policy following an unexpectedly strong U.S. jobs report on Friday. Here’s what he had…

Binance to Distribute $5M Worth of BNB to Earthquake-Affected Turkish Users

cryptopotato.com The largest cryptocurrency exchange – Binance – added its name to the list of companies that provided help to Turkish residents affected by the recent devastating…

Former Coinbase Exec Pleads Guilty to Insider Trading: Report

cryptopotato.com Ishan Wahi, a former product manager at the largest US-based crypto exchange, pleaded guilty to two counts of conspiracy to commit wire fraud. His brother did the same a few…

All Eyes on $0.40 as XRP Choppy Price Action Takes Hold (Ripple Price Analysis)

cryptopotato.com Ripple’s price has struggled to break the significant descending trendline at $0.42 and is consolidating. However, it now faces the critical support level of the 200-day…

Here’s the First Support for ETH in Case of a Short-Term Correction (Ethereum Price Analysis)

cryptopotato.com Ethereum’s uptrend has been halted after reaching the major resistance at $1.7K. The price action seems choppy, while a short-term correction is what many expect. Ethereum…

ConsenSys Joseph Lubin Talks Contagion and Regulations Following 2022 CeFi Crash

cryptopotato.com Following the spectacular collapse of numerous CeFi companies last year, all regulatory eyes have been focused on the crypto industry. Joseph Lubin, the CEO of ConsenSys,…

DAM Finance Launches Mainnet to Enable Multichain Liquidity

cryptopotato.com Shared liquidity protocol dPRIME Asset Modules Finance (DAM Finance) has launched its mainnet, enabling users to “teleport” their liquidity across several blockchain…

Crypto Investment Firm Sues Signature Bank for Facilitating FTX Fraudulent Transfers: Report

cryptopotato.com British Virgin Islands-based investment management and cryptocurrency trading firm Statistica Capital has filed a lawsuit against New York-based Signature Bank, alleging…

Cirus Foundation Launches V1

cryptopotato.com [PRESS RELEASE – Rarotonga, Cook Islands, 6th February 2023] Private-launch of version 1.0, sets the stage for design, testing and review-based audiences Blockchain-based…

Market Watch: The Graph Explodes 33%, Lido (LDO) Soars 16%

cryptopotato.com Bitcoin slipped toward $22,500 once again in the past 24 hours but managed to bounce off and is once again situated around $23,000. Most altcoins are calmer today, aside…

WeTransfer Enters NFT Industry Via Minima Partnership: Report

cryptopotato.com WeTransfer, a freemium model file-sharing platform, has moved towards Web3 with a recently announced partnership with Minima that would allow users to create and send NFTs…

Crypto Lender Genesis Reaches Principle Agreement With DCG and Creditors

cryptopotato.com On Feb. 6, Genesis announced that it has arrived at a global resolution that will “maximize value” for all Genesis clients and stakeholders. The in principle agreement is…

New FTX CEO Testimony Before the US Court: FTX Has Been Pure Hell

cryptopotato.com John J Ray III has earned $690K for two months as CEO of FTX. This might be a dream for the average person, but he swears this has been his worst nightmare. The new CEO of…

Binance Announces Temporary Suspension of USD Bank Transfers

cryptopotato.com Binance – the world’s largest crypto exchange – announced on Monday that it will pause all deposits and withdrawals in USD from bank accounts starting February 8. The…

Chinese Cities Introduce Digital Yuan Payments During the Spring Festival (Report)

cryptopotato.com Major Chinese cities, including Shenzhen, Jinan, and Lianyungang, have reportedly launched approximately 200 activities involving the digital yuan during the Spring…

Ripple CTO Describes XRP Buyback Theory as an ‘Awful’ Lot of ‘Scam’

cryptopotato.com Should the United States consider making XRP the reserve currency of the world and buy its entire holding from the market? Well, this speculative idea floated by Jimmy…

Taproot Usage Soars Amid Rising Interest in Ordinals on Bitcoin

cryptopotato.com Ordinals – a new and controversial Bitcoin-based protocol – is making its mark on-chain with a record number of Taproot-related transactions, according to the blockchain…

These Crypto Companies to Send Aid Packages to Earthquake-Hit Turkey

cryptopotato.com Leading cryptocurrency exchanges, such as Bybit, BitMEX, and Bitfinex, vowed to support victims of Turkey’s disastrous earthquake with aid packages. Binance is also looking…

Why ZK-Rollups Are the Future of Ethereum Scaling: Interview with StarkWare PM Gal Ron

cryptopotato.com Scaling Ethereum has undoubtedly been one of the hottest topics in the past months. The network’s transition to a proof-of-stake consensus algorithm in September 2022 was a…

FOMO Returns? 620K Retail Bitcoin Addresses Created Since BTC Reclaimed $20K

cryptopotato.com The start of the year has been highly positive for bitcoin and the entire cryptocurrency market, with BTC exceeding $24,000 for the first time since August 2022. This came…

Bitcoin Slides Below $23K But a Bullish Indicator Flashes (BTC Price Analysis)

cryptopotato.com Bitcoin’s price rally has come to a halt as the market has been consolidating below a significant resistance level for weeks. While there are some worrying technical signs…

Uniswap to Deploy on Boba Network Following Successful Governance Vote

cryptopotato.com Leading decentralized exchange (DEX) Uniswap v3 will be deploying on Ethereum’s layer 2 protocol Boba Network following a successful governance vote from the Uniswap…

Crypto Firm StarkWare Partners With Chainlink to Boost StarkNet Adoption

cryptopotato.com StarkWare – an Israeli company focused on Ethereum scaling – joined forces with the Web3 services platform – Chainlink – to expand development on StarkNet. The collaboration…

Binance Launches New Crypto Tax Reporting Tool for Certain Users

cryptopotato.com The world’s largest cryptocurrency exchange has launched a new tool dubbed Binance Tax to enable users to understand their crypto tax liabilities on up to 100,000…

Crypto Markets Lose $30B as Bitcoin Slipped to Weekly Lows (Market Watch)

cryptopotato.com Bitcoin failed at $23,500 yesterday and dropped by almost $1,000 in the following hours to mark its lowest price point in about a week. Most altcoins are also in the red…

A16z Exerts Control Over Uniswap by Downvoting BNB Chain Deployment

cryptopotato.com Crypto venture firm a16z has used its 15 million UNI token voting block to vote against a proposal that would use the Wormhole bridge for Uniswap V3 deployment on BNB Chain.…

FTX Requests Return of Donations from SBF’s Political Beneficiaries

cryptopotato.com After Sam Bankman-Fried donated tens of millions of dollars to politicians throughout the 2022 midterm election cycle, the 30-year-old’s former company is asking for its…

Despite Bear Market, 82% of Millionaires Sought Crypto Advice in 2022 (Survey)

cryptopotato.com A study conducted by the financial consultancy firm – deVere Group – estimated that 82% of clients with over $1.2 million worth of investable assets sought advice on…

Oxford Student Goes to Prison for Stealing $2.6M Via a Crypto Scam

cryptopotato.com Wybo Wiersma – a 40-year-old Dutchman who studied at Oxford’s St Cross College – will serve a 54-month prison sentence for stealing £2,156,000 (more than $2.6 million) using…

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