🇰🇬👀 Cryptocurrency Exchange Bithumb Hires Choi Hee Kyung, Former FSA Officer in South Korea, as New Compliance Officer news1.kr

⚖️ Mango Markets exploiter must remain in custody pending trial, judge's decision.
coindesk.com

⚠️ Binance Margin will introduce a reduction in cross margin collateral from January 12th.
binance.com

📊 #BTC BTC price started the year in the green zone (underestimated). However, there is no indication that it has bottomed out (PnL is crossing its 365-day moving average).

The Bull/Bear Market Cycle Indicator still shows that BTC is in a bear market (brown line). If the indicator rises above 0 and the line remains orange, it will mean that the market is changing its uptrend.

🤝 #PHA Phala Network partners with Subsquid.
medium.com

🚀 Growth leaders in 2022: #NEST #CVNT #TVT #SNM #GMX #VIB #PLU #SSV #AMPL #SANTOS

👀 #COIN Cowen downgrades Coinbase as the company could come under scrutiny following the FTX crash.
cnbc.com

💸 The collapse of FTX triggered a run on Silvergate, forcing the bank to sell assets at a big loss to cover about $8.1 billion in withdrawals.
wsj.com

👀 Pionex stated that due to the gradual decline in trading activity on Huobi in recent months, the security team has withdrawn all Huobi market maker funds.
facebook.com

🌐 Lotte Data Communication, a subsidiary of Lotte Group, launches Lotte Metaverse. prnewswire.com

⛏ 2022 has become extremely difficult for public crypto companies, with most miners facing drawdowns of 90% or more since the beginning of the year.

📊 #BTC #BTC market capitalization peaked at $1.2 trillion in 2021. Now it is ~$321 billion, which is slightly less than the peak of 2017.

🙅‍♂️ Silvergate laid off 40% (~200 employees). The bank also suspended its plans to launch a digital currency and wrote off $196 million it spent buying Diem Association technology and assets from Meta (FB).
coindesk.com

🔛 #COIN Marex Solutions has unveiled a Coinbase-linked structured product that offers extended coupons in exchange for only partial equity risk capital protection. coindesk.com

🖼 #JOE #BNB Trader Joe is expanding his DeFi trading platform and NFT trading platform to the BNB network.
theblock.com

🕵️‍♂️ Review from Coinmetrics: Challenging macroeconomic conditions, regulatory pressure, scalability - what are the trends and factors that will affect the crypto industry in 2023?

📈 #CHZ - there is the largest amount of exchange deposits and withdrawals since mid-December.

🕵️‍♂️ From review Coinmetrics for 2023:

- Currently, about 1 million ETH of staking rewards have been accumulated and locked in the Ethereum consensus layer, also known as the Beacon Chain.

- MakerDAO recently placed funds in $400M short-term Treasuries and $100M investment grade corporate bonds.

🤝 Oorbit has partnered with LG Electronics to bring Metaverse games to Smart TVs.

🙋‍♂️ Bybit announced that in 2022 the number of users increased by 104% compared to last year, reaching 10 million in August; Single trading account, Bybit Card for fiat transactions and Mantle modular L2 network will be launched in 2023.
bybit.com

🇺🇸🍿 USA. Change in the number of people employed in the non-agricultural sector from ADP (Dec) - 235 thousand (forecast 150 thousand).