Weekly Top Crypto News (Jan 23 – Jan 29)

The market is still holding on to its stability, leading to the closing candle of the first month of 2023, promising the start of strong growth. Here, let’s review this week’s top crypto news with Coincu!

FBI Seizes 151 Bitcoins From Scammers Targeting Vulnerable Victims

Bitcoin and other digital assets have been seized in connection with a fraud scheme that targets the elderly, according to an announcement from the United States Attorney for the District of Connecticut and the acting special agent in charge of the New Haven Division of the Federal Bureau of Investigation (FBI). The FBI claims to have confiscated millions of dollars worth of Bitcoin from foreign con artists who prey on the elderly.

Token Dump After Binance Listing Fuels Concerns About Insider Trading

Insider trading Binance has become a hot topic in the cryptocurrency community, especially in light of the brother of a former Coinbase manager’s recent conviction. The insider trading charges were thought to be the first cryptocurrency-related insider trading allegations, but now suspicions have been raised about another group of wallet addresses with transaction histories connected to Binance listings.

Bitcoin Hit $23,800 As Aptos Rises 48% And Set An All-time High Record

Bitcoin, the biggest cryptocurrency by market value, has recovered ground lost in a late-Tuesday slump. The Tuesday crypto market downturn gave way to a Wednesday recovery, with bitcoin surging beyond $23,800 before falling slightly.

SEC Rejects Ark’s And 21Shares’ Spot Bitcoin ETF For The Second Time

Once again, the US SEC declined to offer Ark Investment Management and exchange-traded note provider 21Shares permission to market a spot Bitcoin ETF. The Cboe BZX Exchange was accused by the commission of failing to show that its plan is compliant with the criteria pertaining to the avoidance of fraud and other nefarious activities.

DeFi Lender Aave Launches On Ethereum Network Version 3

Aave, a decentralized lending and borrowing system, has launched its third iteration on the Ethereum network in response to unanimity in favor of a governance proposal.

Moonbirds Creator Kevin Rose Lost $1 Million In NFTs

A phishing attack caused Kevin Rose, the co-founder of the nonfungible token (NFT) collection Moonbirds, to lose personal NFTs valued at more than $1.1 million.

Doodles Releases The Much-Anticipated New NFT Project Doodles 2 On Flow

On the Flow blockchain, Doodles (DL), a non-fungible token (NFT) ecosystem based on characters created by artist Scott Martin, alias Burnt Toast, has launched its much-awaited Doodles 2 project.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

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