Crypto News

US regulator seized more than $3.6 billion worth of Bitcoin linked to the 2016 Bitfinex hack.
The US Justice Department revealed that it seized more than $3.6 billion worth of Bitcoin that was stolen during the 2016 crypto exchange Bitfinex hack.

Just-In: Russia To Legalize Bitcoin; Regulatory Draft Arriving by Feb. 18
From its plans to ban digital assets to integrate crypto into its financial system, Russia has taken a 180-degree turn on its crypto policy. On Tuesday, February 8, the Russian government and central government published a report noting that they will soon introduce a crypto regulatory draft by February 18.

What is a Yat and why are people paying $425K for emojis?
Will emojis become the Web3 version of a username? That’s what Nashville-based tech startup Yat believes and with 160,000 sold worth a combined $20 million, it seems plenty of ordinary people agree.

Total Value Locked in Ethereum Rival Avalanche ($AVAX) Surpasses $10 Billion
Ethereum rival Avalanche ($AVAX) has seen the total value locked (TVL) on its decentralized finance applications surpass the $10 billion mark after a significant downtrend earlier this year amid a cryptocurrency market sell-off.

This Recently Released Cryptocurrency Gained Over 1400% Today, You Will Be Shocked When You Find Out Why
Looking on CoinMarketCap, we noticed a cryptocurrency by the name of BoleToken (BOLE) registering a 1400% gain in the past 24 hours. Taking a closer look at the token, we noticed it reached a $451 million valuation only 24-hour after being released on CMC.

Crypto Index Tracker – New Expanded Indices Show Continued Metaverse Outperformance
Our crypto indices have been popular among investors and so we are constantly looking for ways to improve them. We’ve therefore decided to make a number of improvements. First, we expanded the number of coins in each index from five to 10. This should give a better overall measure of how well each class of coins is performing.

Indian Government 'Constantly Monitoring' Crypto Sector, Says Finance Minister
India’s finance minister, Nirmala Sitharaman, has reportedly revealed that the government is “constantly monitoring” and “watching the crypto sector.” Referring to her budget speech, she noted that crypto taxation will be implemented before the central bank, the Reserve Bank of India (RBI), issues its digital currency.

GameStop stock up on rumors of Microsoft NFT game partnership
The stock price of popular video game store chain GameStop (GME) surged roughly 13% in one day amid rumors circulating online regarding a partnership with Microsoft to work on NFT gaming.