Monday January 22, 2024

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Your Weekly Update On All Things Crypto

TL;DR

MACRO NEWS

Ghost Kicks Off The New Year By Launching GSTVPN...




Ghost, a pioneering force in blockchain-driven privacy solutions, proudly unveils its latest creation, GSTVPN.


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Bitcoin Could Experience Outrageous Surge Soon According To Samson Mow...



JAN3 CEO and Bitcoin enthusiast Samson Mow predicts an imminent substantial supply shock in Bitcoin, anticipating a potential surge to $1 million very soon.


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EU Crypto Users May Face Extreme Scrutiny Via New Mandate...



In the persistent drive to regulate the cryptocurrency industry and protect investors, the European Union is escalating efforts to adopt a more stringent approach towards digital assets. 


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Wise Lending Gets Hacked Resulting In Massive Losses...

Wise Lending, a Web3 lending application and yield aggregator, encountered a significant security breach on January 12th, resulting in the unauthorized acquisition of 170 ETH. Security experts have verified this occurrence, suspecting that the assailant potentially leveraged an oracle price through a flash loan.


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IRS Hits The Breaks On Controversial Cryptocurrency Tax Rule...


The controversial $10,000 cryptocurrency tax rule enforced by the Internal Revenue Service (IRS) is reportedly undergoing a pause. In a joint statement issued by the IRS and the Treasury Department, a shift in their position regarding the tax rule was indeed communicated.


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Ubisoft Gets Further Involved With Crypto Via New Blockchain Partnership...

Ubisoft, the publisher of immensely popular titles like Far Cry, Prince Of Persia, and Splinter Cell, has recently partnered with the Wemix Blockchain Node Council. This collaboration makes Ubisoft one of the 40 Wemix partners responsible for running validator nodes on the new Wemix 3.0 network, an Ethereum-compatible EVM blockchain.


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FUNDRAISING ANNOUNCEMENTS

Crypto Fundraising January 9 - 15...


On behalf of the Web3 community, we would like to extend our warmest congratulations to the companies that announced their success in fundraising between 9th January 2024 and 15th January 2024. We are thrilled to see such tremendous support from all involved. Well done! 

  

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CONTENT OF THE WEEK

EVERYONE Is Talking About This Bitcoin News, Binance Expands & BTC ETF Closure

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Bitcoin Hash Rate Hits All-Time High!

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Crypto News: Bitcoin, ETH ETF, Circle, Inflation, SUI & MORE!!

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We at CryptoWeekly are not Financial Advisors. None of the content or opinions expressed in this newsletter should be considered financial advice. We highly recommend that you do your own research before investing in any project within or outside the cryptocurrency space.