Crypto Pulse # 56-DoJ asks for Communications Ban on SBF. Tuesday, 31st Jan 2023 | Powered by GenShards.
31 Jan 2023, 15:07
Crypto Pulse # 56-DoJ asks for Communications Ban on SBF
Tuesday, 31st Jan 2023 | Powered by GenShards
🌍 Here's all you need to know about what's been up in the Web3-sphere lately
👉 Read the issue | 🐧 Read tweet thread |👇Read highlights below
⛰ Macro Landscape
📌 The US Department of Justice is asking for a communications ban on Sam Bankman Fried, alleging that he tried to tamper withness testimony (source)
📌 The price of 1 BTC in Nigeria has skyrocketed to $38000, as the country is limiting ATM withdrawals (source)
📌 The Ministry of Justice in South Korea announced plans to introduce a crypto-tracking system to counter money laundering initiatives and recover funds linked to criminal activities (source)
📈 Markets and Ecosystem
📌 Bitcoin reached a 5-month high of ~$24k, and Bitcoin dominance is on the rise (source)
📌 Elon Musk is pushing for Dogecoin to be accepted at McDonald's (source)
📌 Bitcoin mining difficulty reached a new all-time-high, further securing the network (source)
🀄️ NFTs, Metaverse & Gaming
📌 The co-founder of Yuga Labs is taking a leave of absence from work due to health reasons (source)
📌 Trading volumes for Porsche NFTs is nearing $5M despite a shaky launch (source)
📌 Design house Hermès International SA’s upcoming trademark trial against digital artist Mason Rothschild—the first of its kind—will test how NFTs are viewed in the eyes of decades-old intellectual property law (source)
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Next issue drops coming Friday- stay tuned ! 📺
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