- This week Bitcoin has remained rigid below $17,000. The BTC per quarter for 10 years, had never chained 4 consecutive quarters of decline.
- Visa plans to automate crypto-to-fiat transfers with its StarkNet Layer 2 (L2) solution built on the Ethereum network.
- According to a recent study by Solidus Labs, there were over 350 new scam tokens per day in 2022, up from over 120,000 this year.
- The number of hires in the crypto-sphere jumped 351%, from 18,200 in 2019 to over 80,000 in 2022.
- Prosecutors have agreed to release Sam Bankman-Fried (former FTX boss) on $250 million bond. As for his acolytes, Caroline Ellison and Gary Wang, they have pleaded guilty and are cooperating in the hope of reducing their sentences.
- Binance US has agreed to buy the assets of bankrupt crypto platform Voyager Digital for around $1 billion.
- Coinbase gains regulatory approval in Ireland.
- The Brazilian president has signed a bill regulating cryptocurrency payments in the country.