• Block Inc. exceeded industry expectations and experienced a rise in its share price through after-hours trading, but the company’s bitcoin (BTC) revenue is falling due to the price drops. • Cash App’s bitcoin sales totaled $1.83 billion in Q4, representing a 7% decrease compared to the same period the previous year. • After releasing…
• Norway’s economy crimes unit, Økokrim, seized $5.9 million dollars in cryptocurrency as part of their investigation into the Sky Mavis cyber attack in March 2022. • The seizure is believed to be linked to Lazarus, a North-Korea based hacking group and is part of a larger effort by global authorities to prevent the stolen…
• Blur NFT marketplace is outperforming OpenSea in trading volume despite having fewer traders. • Blur has scooped the lion’s share of total NFT volume traded across all marketplaces. • Bidding pools on Blur have skyrocketed to all-time highs of $42 million. Blur Outperforms OpenSea in Trading Volume The NFT marketplace Blur is outperforming OpenSea,…
• Binance customer lost money in a P2P transaction after the buyer reported it as fraud. • The exchange asked him to contact law enforcement for help and allegedly deleted his inquiry without explanation. • Signature Bank recently announced it will not handle SWIFT fiat transfers below $100K starting Feb. 1, which could affect thousands…