Crypto Pulse # 53- Genesis Files for Bankruptcy. Friday, 20th Jan 2023 | Powered by GenShards.
20 Jan 2023, 14:27
Crypto Pulse # 53- Genesis Files for Bankruptcy
Friday, 20th 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
📌 Cryptocurrency lender Genesis Global Holdco LLC has filed for bankruptcy. It is the latest domino to fall in the aftermath of the FTX exchange collapse and resulting contagion (source)
📌 The founder of crypto exchange Bitzlato was arrested and charged with processing $700 million in illicit funds by the US Dept of Justice (source)
📌 A former advisor to the Bank of England says CBDCs (Central Bank Digital Currencies) may not be worth the risk (source)
📈 Markets and Ecosystem
📌 North Korean hacking group "Lazarus" has moved $63M in ETH, which was stolen from the Horizon bridge (source)
📌 Polkadot has enhanced cross-chain abilities between blockchains in its ecosystem (source)
📌 Polygon has successfully completed a performance-enhancing hard fork (source)
🀄️ NFTs, Metaverse & Gaming
📌 The CEO of Animoca Brands believes we will see higher-quality blockchain games in 2023 (source)
📌 Leading NFT marketplace Rarible has added a 'marketplace builder' for Polygon-based NFT collections (source)
📌 Metahood has raised $3M to build a platform for buying and selling virtual real estate - akin to 'Zillow' or 'Redfin' in the real world (source)
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Next issue drops coming Tuesday- stay tuned ! 📺
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