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In brief
Joker’s Stash, one of the longest-running market places for stolen credit cards, said it will shut down next month.
The site has made revenues of over $1 billion in Bitcoin, according to estimates.
In brief
A group of men reportedly stole over $500,000 from a woman trading cryptocurrency in Hong Kong.
This is the first of two cryptocurrency related robberies in Hong Kong since the start of the year.
In the past, sometimes traders themselves have been kidnapped.
Over 3.
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In brief
Survey respondents on a recent IMF poll said CBDCs could not be classified as “money.”
The IMF pointed out its own reservations with the prospects of CBDCs.
However, countries like China are on track to roll out their own CBDCs within the next few years.
In brief
Scott Guggenheim still thinks Bitcoin will hit $400k.
He calls recent price surges in Bitcoin a ‘speculative frenzy.’
That hasn’t stopped select Guggenheim investors from buying Bitcoin on his recommendation.
The heady days of daily headlines on Decrypt announcing new consecutive ATHs for Bitcoin have cooled off in what could be the petering out of a now-historic bull run. Today the currency suffered a further fall of 5%, taking it to a price of $35,000.
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In brief
More and more Bitcoin whales are seeing their wealth increase, according to new data from Glassnode.
The metric appears uncorrelated to price, at least for now.
Meanwhile, the number of Ethereum whales is falling.
In brief
Polkadot’s price has increased by about 60% in the past week.
XRP’s price has dropped by more than 9% in the past week.
Polkadot today overtook XRP in market cap size, $13.2 billion to $12.8 billion.
Polkadot‘s price surge continues.
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Kraken will suspend XRP trading for US residents on January 29, the San Francisco-based cryptocurrency exchange announced on Friday.
While US users will still be able to deposit or withdraw XRP after that date, they have just two weeks to continue trading the beleaguered digital asset.
Bitcoin miners have earned as much as they have in the past two years as they did in the first decade of Bitcoin’s existence.
The impressive factoid, pointed out by Rafael Schultze-Kraft, CTO of data metrics site Glassnode, draws on Glassnode’s data for cumulative Bitcoin miner revenue.
In brief
A scam impersonating a crypto giveaway run by fake Elon Musk profiles has increased in the past weeks.
These scams have raked in over $580,000 in Bitcoin so far.
Twitter has been criticized for its failure to control the huge amount of bad actors operating on the platform.