Market Manipulation May Have Hit Majority of New Ethereum Tokens in 2023: Chainalysis
A new study by the on-chain sleuth found possible pump and dump patterns for 54% of tokens listed in 2023.
Finance
Celsius’ Bitcoin Mining Assets to Restart as New Firm Prepares to Go Public
The new company, Ionic Digital, expects to hit mining capacity of 12.7 exahash per second (EH/s).
Germany Banking Giant DZ to Pilot Crypto Trading This Year: Bloomberg
The bank released a cryptocurrency custody platform in November.
Hounded by Lawyers and Short on Cash, Ben ‘Bitboy’ Armstrong Nixes Daily Crypto Show
Ben Armstrong, the brash crypto influencer whose precipitous rise as the “Bitboy” vlogger came crashing down under corporate and personal scandal, is stopping his daily livestream after three years.
CoinDesk Brings Back ‘Microcosms’ NFT Consensus Ticket
Minting is live for the 1,000-run collection, whose additional perks will let holders get the most out of Consensus 2024 in Austin, Texas.
Crypto Market Maker GSR Appoints Former JPMorgan Executive as Head of Trading
The new hire happens as digital asset markets are maturing and have become increasingly intertwined with traditional finance.
CoinDesk Mothballs DESK Reward Token Program
It was an experiment in driving community engagement, and we’re leaving the door open to relaunching DESK or something similar in the future.
Bitcoin Miner GRIID Shares Extend Drop After Nasdaq Listing
GRIID commenced trading on the Nasdaq Global Market on Monday under the ticker symbol “GRDI” while continuing to trade on Cboe Canada under the same ticker.
Jack Dorsey’s Block Inc. Begins Layoffs Under Previously Disclosed Plan to Cut Staff by 10%
The company plans to drastically reduce its headcount throughout 2024 through a series of layoffs and reorganizing measures.
Web3 Payments Firm Transak Joins Visa Direct to Streamline Crypto-to-Fiat Conversion
The deal allows the Web3 payments infrastructure provider’s users in over 145 countries to easily convert crypto into local fiat currencies.