Yana Popenkova
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Previously worked in the arts, now specializes in covering crypto with an emphasis on DeFi, blockchain and mass adoption. Offers simple and clear writing, always looking for new ways to present information. Major in International Relations, minor in English, in a spare time reads postmodern literature, does yoga and watches movies.
Binance stablecoin circulating supply continues to decrease
The market capitalization of the Binance USD stablecoin (BUSD) has declined over the past two months. According to CoinGecko, the circulating supply fell to $15.4 billion on Wednesday, losing $1 billion in a week and $2 billion in a month. In early December, BUSD’s market capitalization exceeded $22 billion. Immediately after the temporary halt in […]
Bitcoin and Ethereum turn bullish, data indicates
Bitcoin’s (BTC) price almost surpassed a 10-year record, and Ethereum (ETH) will reach some milestones in the second quarter of 2023 due to the upcoming mainnet update. If the price of bitcoin (BTC) continues to rise, which it has been doing daily for the past 15 days, it will overturn the record set by the […]
Seoul government presents Metaverse Seoul to the public
The Seoul Metropolitan Government launched the first phase of the Metaverse Seoul project, which allows the public to access the civil services in the metaverse: from tax returns to official documents. Following the test of the beta version of the virtual environment, the mayor of Seoul, Oh Se-hoon, announced the opening of the first phase […]
Skybridge founder invests in former FTX.US president’s firm
Anthony Scaramucci, the founder of Skybridge Capital, is investing his personal money in the new software company founded by Brett Harrison, the former president of FTX.US. After leaving FTX.US in September, Brett Harrison planned to remain with the company as an advisory member. However, in the weeks following FTX’s collapse, Harrison announced that he was […]
Nexo experiences massive withdrawals, users leave platform
Following the troubling news of the open investigation into Nexo in Bulgaria and yesterday’s raid on the lender’s offices, blockchain analysts have witnessed a “flood of withdrawals” from the platform. Still, Nexo says it’s all business as usual. Related: Nexo is under money laundering investigation in Bulgaria Crypto intelligence team Arkham spotted an abnormal activity […]
Coinbase scales back most of operations in Japan
U.S.-based crypto exchange Coinbase will close most programs in Japan, leaving only a security team to protect customers’ assets. According to the official announcement of Nana Murugesan, the company’s vice president of business and international development, Coinbase’s decision to cut its operations in Japan is related to global layoffs. Recently, Coinbase reported cutting 20% of […]
Mark Cuban to testify about Voyager promotion allegations
Billionaire investor, crypto influencer and owner of Mavericks, Mark Cuban, is to stand pre-trial on Feb. 2 for promoting the bankrupt company, Voyager Digital. Mark Cuban is to answer questions under oath that will determine whether the case against him will be opened. Previously, Cuban had requested that the questioning be split into two sessions. […]
CoinMarketCap airdrop scandal: projects claim fraud
Several crypto projects reported a sharp drop in price after CoinMarketCap failed to run fair promotional token airdrop campaigns. CoinMarketCap responded to the allegations. TokenBot and SaTT accused CoinMarketCap of manipulating the paid promotional token drops in favor of some wallets. Promotional drops are originally planned to distribute tokens to thousands of users to generate […]
Huobi to lay off 20% of employees, Justin Sun denies rumors
Amid rumors of possible insolvency, the Huobi crypto exchange plans to lay off 20% of its workforce, an official confirmed to Reuters. On January 6, Huobi stated: The planned layoff ratio is about 20%, but it is not implemented now. With the current state of the bear market, a very lean team will be maintained […]
SEC is against Binance.US to buyout Voyager Digital
The U.S. Securities and Exchange Commission finds Binance.US’s $1 billion deal to buy Voyager Digital insufficient, emphasizing the size of the deal and the unreliability of the origin of Binance.US’s assets. On January 4, the SEC filed an objection to authorizing entry to Binance.US’ purchase of Voyager Digital, stressing the latter still seeks conditional approval […]