February 2023

• Blockchain Inc. experienced a rise in its share price through after-hours trading despite a 7% decrease in bitcoin revenue for Q4 compared to the same period last year. • The company attributed the decline to the fall in the BTC/USD rate over 2022, with prices dropping by 65%. • Block Inc. reported net loss […]

• Binance has released a policy paper proposing a detailed, actionable framework for centralized exchanges (CEXs) to promote transparency, trust, and safety in the industry. • The framework urges CEXs to prevent unauthorized use of customer funds and build secure crypto custody solutions. • It also suggests disclosure methods like proof of reserves and risk […]

• China has launched a state-supported blockchain research center in Beijing with the goal of integrating technology into daily life. • The National Blockchain Technology Innovation Center will be led by the Beijing Academy of Blockchain and Edge Computing (BABEC). • Despite the Chinese government’s ongoing crackdown on cryptocurrencies, this launch reflects their enthusiasm for […]

• The Shiba Inu community has significantly reduced the number of SHIB meme tokens circulating during the last twenty-four hours, resulting in 1.12 billion burnt tokens as of the end of January 2023. • The burn rate has increased by 502% with 1,500,225 $SHIB burned in one transaction. • According to CoinMarketCap, the price of […]