How Luma AI turns crypto memes into viral videos
The trending Luma AI Dream Machine, which turns stagnant memes into moving videos, has reached the crypto community and even inspired similar crypto-centric models.
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Price analysis 1/31: BTC, ETH, BNB, ADA, SOL, XRP, LUNA, DOGE, DOT, AVAX
Bitcoin (BTC) started the 2022 on a losing note, dropping about 20% to its worst performance in January since 2018 when the price plunged 26.61%, according to on-chain analytics resource Coinglass.Now, all eyes turn to February, which has historically favored the bulls. The only two negative closes in February were in 2020 and 2014. One positive…

The GENIUS stablecoin bill is a CBDC trojan horse — DeFi exec
Centralized stablecoins feature all the hallmarks of a central bank digital currency, including the ability of the issuer to freeze tokens. The recent GENIUS stablecoin bill is merely a thinly veiled attempt to usher in central bank digital currency (CBDC) controls through privatized means, according to Jean Rausis, co-founder of the Smardex decentralized trading platform.

Trump election victory could push Bitcoin to $92K, says Bitwise exec
Jeff Park says “merger arb-style probability math” could mean Bitcoin rallies to $92,000 following a Trump victory.

Facing Mounting Regulation, BitMex Closes Japan Service
BitMex, one of the world’s biggest crypto derivatives exchanges, is executing the new regulation orders and closing its services to all Japanese traders. 1333 Total views 48 Total shares BitMex, one of the world’s biggest crypto derivatives exchanges, announced on April 28 that it will close services to Japan residents starting May 1 amid new…

What creditors can expect from Genesis’ bankruptcy — and what others can learn
The holding company of troubled crypto lender Genesis Global Capital, Genesis Global Holdco LLC, filed for Chapter 11 bankruptcy protection in New York on Jan. 19. Genesis is the latest crypto platform to file for bankruptcy, joining Celsius, Voyager, BlockFi and FTX.The application of Chapter 11 provisions to the crypto industry raises a series of…

Lazarus is moving millions from $305M DMM Bitcoin hack: ZachXBT
Over $35 million in funds from a cryptocurrency exchange hack in May has reportedly been moved to the online marketplace “Huione Guarantee” this month.

Bitcoin nears $78K lows as US stocks dive at the Wall Street open
Bitcoin (BTC) sought a rematch with multimonth lows on March 10 as familiar selling accompanied the start of Wall Street trading. BTC/USD 1-hour chart. Source: Cointelegraph/TradingView BTC price sags closer to new four-month lows Data from Cointelegraph Markets Pro and TradingView showed BTC/USD down around 4% on the day to reach $79,170 on Bitstamp. Weakness

Crypto mergers and acquisitions doubled to $1.1B in 2020, PwC reports
The average deal size in the crypto industry surged from $19 million last year to nearly $53 million in 2020, according to a new PwC report. 2802 Total views 12 Total shares The consolidation of cryptocurrency-related companies surged massively in 2020, hitting a new record in deal activity, according to a new report by professional…