The rise of bitcoin and the bankruptcy of Genesis. Highlights of the week
FTX disclosed its remaining liquid assets, Coinbase announced it would cease operations in Japan, the first contenders to buy CoinDesk crypto publication appeared, and other events of the past week
Monday
Bitcoin exchange rate updated its maximum in 4 months
The value of the first cryptocurrency rose by 24% over a week and crossed the mark of $21.4 thousand
Developers of Shiba Inu announced the soon launch of the test network Shibarium
Tier 2 blockchain will help create a new decentralized meta-universe and gaming ecosystem
Bitcoin mining complexity sets new record
Another recalculation on Jan. 16 resulted in a 10% increase to 37.59T
Tuesday
Binance destroyed $575 million worth of BNB tokens
The cryptocurrency exchange conducted another burn of native tokens. The program will be terminated when a total of at least 100 million BNBs of the 202 million issued are burned
Bitcoin's surge has caused shares of major miners to rise sharply
Cryptocurrency mining companies' securities rose in January to the highest monthly level in at least a year
National Geographic will open sales of its first NFT collection on Jan. 17
In honor of the magazine's anniversary, the collection will include 1,888 NFTs. This number marks the year NG was founded
Wednesday
FTX reveals details of the exchange's remaining liquid assets
Sam Bankman-Fried's bankrupt companies hold $3.5 billion in cryptocurrencies and claim another $415 million stolen in hacks
Coinbase announces it is shutting down operations in Japan
Japanese clients of the crypto exchange will be able to withdraw their assets until February 16
Crypto-giant Digital Currency Group will suspend dividend payments
The company told shareholders it was forced to cut operating expenses
Thursday
Peter Thiel's fund made $1.8 billion from bitcoin sales
Venture capital firm Founders Fund got rid of cryptocurrency assets it had accumulated over the previous 8 years just before the collapse of the crypto market last spring
BitKeep will begin compensating victims of the $8 million hack starting in February
The developers plan to fully refund the affected cryptocurrency users by the end of March
Binance announced the delisting of the anonymous token Beam
The cryptocurrency fell 27% after the announcement that trading on the largest cryptocurrency exchange was closed
Friday
Cryptocurrency lender Genesis filed for bankruptcy
The company owes a total of 50 major creditors about $3.5 billion
Bankman-Fried's attorneys say attempted attack on his parents' home
Three unidentified men drove a car into the fence of the FTX founder's parents' house, where he is under house arrest
The first bidders to buy CoinDesk crypto edition appeared
Chinese publication MarsBit and Cardano founder Charles Hoskinson have expressed interest in buying the media resource
- "Gandalf lost." What is known about the case against Bitzlato
- BitKeep will begin compensating victims of the $8 million hack starting in February
- Binance announces delisting of anonymous token Beam
- OKX says it is "100% clean" in securing customer assets
- The Exit Point. Why crypto traders began to fix profits
- Several scenarios at once. What will happen to bitcoin in the next week