ALTCOIN
An altcoin is simply any digital currency alternative to Bitcoin. Many altcoins are forks of Bitcoin with minor changes (e.g. Litecoin).
UK Watchdog Proposes Tougher Advertising Rules
If the UK Government approves the FCA's plan, crypto businesses from abroad may have to meet additional conditions to advertise to UK clients.
Rehab Centers Add Services for Crypto Trading Addicts
A posh Spanish rehab institution now treats crypto traders.
USDC issuer Circle releases accountant-verified report
Circle's newest reserve report shows $44.5 billion USDC stablecoin assets.
Azuki's Twitter Account Hacked, Over $750,000 Stolen
Azuki, a popular nonfungible token project, had its Twitter account hacked, stealing almost $750K in USDC in 30 minutes.
New York State Introduces Bill Allowing State Agencies to Accept Crypto
The crypto sector has attacked New York's "BitLicense" and crypto mining restrictions.
Kevin Rose, co-founder of Moonbirds, falls victim to phishing attack
Moonbirds co-founder Kevin Rose. He lost about $1.1 million in NFTs to a phishing fraud.
XRP staking scam
A phoney staking scheme is targeting XRP investors. XRP staking websites and emails have been faked. The swindle promises 12%–27% profits.
SushiSwap to Redirect Trading Fees to its treasury
SushiSwap will shortly transfer all trade fees to its treasury. 99.85% of voters "clawbacked" 10,936,284 unclaimed SUSHI ($14.8 million) tokens.
Cardano Nodes Go Offline for Half an Hour
Stake pool operators reported 50% of Cardano nodes disconnecting and restarting due to anomaly. Cardano's fintech business is investigating the anomaly's cause.
Japan to Adopt New Stablecoin Regulations
Japan's Financial Services Agency (FSA) is trying to legalise stablecoin distribution. New 2023 legislation enable stablecoins like Tether (USDT) and USD Coin (USDC).
Nexo Capital to Pay $45 Million in Penalties
Nexo Capital, a crypto lender, will pay $45 million to the SEC and NASAA (NASAA). SEC and NASAA announced the announcement on Jan 19.
Altcoin Watch: Top 3 Tokens for Better Entry- QNT, HT & AR
The combined crypto market cap was down 0.31% and pegged at $921 billion. With the seemingly bearish trend, here is a brief rundown of altcoins entering the new week with an impressive weekly performance.
Best Performing Altcoins Review: FLOW, QNT, DCR
With varying fundamentals driving their inherent growth, Flow (FLOW), Quant (QNT), and Decred (DCR) are the three altcoins expected to become the next wave of bullish momentum in the crypto ecosystem.
Bit.com Enables Trading of Staked Ether on Spot and Perpetual Futures Markets
To meet the diversified needs of cryptocurrency users, Singapore-based crypto exchange Bit.com has launched Staked Ether (STETH) on spot and perpetual futures markets.