Fantom (FTM) And Orbeon Protocol (ORBN) Became The Most Rapidly Growing Networks On The Market, While Axie Infinity (AXS) Dropped Like A Rock

Place/Date: – January 12th, 2023 at 7:17 am UTC · 4 min read Source: Orbeon Protocol Cryptocurrency projects are turning into one of the fastest-growing markets in the world. The current space is expected to grow at a staggering rate in future. It is no longer just about transactions; high-end investors’ and entrepreneurs’ interest in investing in cryptocurrency projects has also grown hugely. New crypto projects like Orbeon Protocol (ORBN) have grown massively since its first presale with Percentage increase 987% already from initial. Fantom (FTM) is also expected to…

Number of Staked ETH Passes 16M

Out of the 16 million ETH staked, roughly 4.65 million have been staked through Lido – a kind of community-driven validator collective. Lido, Coinbase, Kraken and Binance, the four largest Ethereum validators, command a 55.88% share of all staked ETH, according to Nansen. Source

Ex-Coinbase Manager’s Brother Sentenced to Prison in Crypto Insider Trading Case – Regulation Bitcoin News

A former Coinbase employee’s brother has been sentenced to 10 months in prison in what the U.S. Department of Justice (DOJ) called a “groundbreaking cryptocurrency insider trading case.” ‘Groundbreaking’ Crypto Insider Trading Case The U.S. Department of Justice (DOJ) announced Tuesday that Nikhil Wahi “was sentenced to 10 months in prison” in a “groundbreaking cryptocurrency insider trading case.” He pled guilty to one count of conspiracy to commit wire fraud. The Justice Department explained that Wahi was sentenced “for his participation in a scheme to commit insider trading in cryptocurrency…

‘Degen’ season returns with feet NFTs, disappointing Game of Thrones NFTs and more

‘Degen’ season smells like pixelated feet Feetpix.wtf’s newly launched nonfungible token (NFT) collection, “Feetpix” has seemingly taken the NFT community by storm with surging trading volumes, prompting some to suggest the return of “degen” season. Feetpix.wtf’s collection soared ahead of the likes of Bored Ape Yacht Club (BAYC) on Jan. 11 with the fifth-highest trading volume recorded on NFT marketplace OpenSea. Feetpix NFTs come in different skin tones, nail colors, shoes and backgrounds. Image: OpenSea. The project — which released 10,000 Feetpix NFTs — has traded over 825 Ether (ETH)($1,157,000)…

Gary Gensler finds new audience for his crypto skepticism: The US Army

United States Securities and Exchange Commission (SEC) chair Gary Gensler has found a new audience for his crypto-skeptical pep talks — the United States Army. On Jan. 11 the U.S. Army hosted its first Twitter Space of 2023 with Gensler and SEC commissioner Caroline Crenshaw joining the discussion to provide financial advice on how and where U.S. soldiers should invest their money. https://t.co/oRjE3pDc8C — U.S. Army (@USArmy) January 11, 2023 Sergeant Lawrence Holmes noted “there are soldiers that look for those alternative investments [such as] crypto assets” asking the pair…

Judge slams senators’ letter against FTX lawyers as ‘inappropriate’

The judge handling FTX’s bankruptcy has reportedly slammed a joint letter from four United States senators calling for an independent examiner in the case. As reported by Cointelegraph, the senators sent a letter on Jan. 9 highlighting concerns about the ties between FTX and Sullivan & Cromwell LLP, which as the lead law firm in the bankruptcy proceedings would be tasked with scrutinizing alleged past wrongdoing by the exchange. However, during a Jan. 11 hearing, Judge John Dorsey of the U.S. Bankruptcy Court for the District of Delaware called the…

Judge slams senators’ letter against FTX lawyers as ‘inappropriate’

FTX’s bankruptcy judge has reportedly slammed the joint letter from four United States senators calling for an independent examiner in the FTX bankruptcy case. As reported by Cointelegraph, the senators sent a letter on Jan. 9 highlighting concerns about the ties between FTX and their legal representative, Sullivan & Cromwell LLP. However, in a Jan. 11 hearing, Judge John Dorsey of the U.S. Bankruptcy Court for the District of Delaware called the letter “inappropriate ex parte communication” which he would not take into account in his decision. “I will make…