Web3Telescope

The latest news and trends of global Web 3.0 industry.

[Web3Telescope @GlobalWeb3News]

🔴Newsflash
Nepal Orders Internet Providers to Block Crypto-Related Websites

#Nepal's Telecommunications Authority instructed all internet service providers (#ISPs) to prevent operating and managing #crypto-related websites, apps or online networks. (CoinDesk)

[Web3Telescope @GlobalWeb3News]

🔴Newsflash
Russia to Begin Work on CBDC Settlement System in Q1

The plans to move forward with #Russia’s digital #ruble are expected to come in Q1, 2023 and will see Russia’s central bank study two possible cross-border settlement models.

#CBDC #Crypto #centralbank

[Web3Telescope @GlobalWeb3News]

🔴Newsflash
Mexico’s CBDC Delayed, Launch Date Unclear

More than a year after it was announced, #Mexico’s proposed central bank digital currency (#CBDC) is still in the initial phase and unlikely to meet its 2024 launch date. (CoinTelegraph)

#Crypto #Centralbanks

[Web3Telescope @GlobalWeb3News]

🔴Newsflash
China in Global Lead with Over 1,400 Blockchain Firms

China Academy for Information and Communications Technology revealed that #China is home to over 1,400 companies developing #blockchain solutions, making it one of the world’s biggest blockchain hubs.（CoinGeek)

[Web3Telescope @GlobalWeb3News]

🔴Newsflash
Institutional Crypto Investments Dropped 95% to $433M in 2022

#Crypto fund investments in 2022 were $433 million, the lowest they’ve been since 2018, according to @CoinSharesCo. That’s a 95% decrease compared to 2021, when inflows totaled $9.1 billion. (Decrypt)

[Web3Telescope @GlobalWeb3News]

🔴Newsflash
NFT Sales in 2022 Nearly Matched the 2021 Boom, Despite Market Crash

Despite months of declining sales and falling prices, overall #NFT sales volume last year nearly matched the 2021 peak, according to @DappRadar. (Decrypt)

[Web3Telescope @GlobalWeb3News]

🔴Newsflash
LastPass Data Breach Led to $53K in Bitcoin Stolen

A class action lawsuit has been filed against #LastPass following a data breach from Aug. 2022. It alleges that the data breach has resulted in the theft of around $53k worth of #Bitcoin. (CoinTelegraph)

[Web3Telescope @GlobalWeb3News]

🔴Newsflash
Fanatic Sells 60% Stake in Candy Digital

Michael Rubin’s sports company Fanatics was offloading its majority 60% stake in the #NFT startup Candy Digital. “NFTs are unlikely to be sustainable or profitable as a standalone business”, said Rubin. (CoinTelegraph)

[Web3Telescope @GlobalWeb3News]

🔴Newsflash
Cake DeFi Publishes Merkle Tree-Based Proof of Reserves

Singapore #DeFi services firm @cakedefi has announced the release of its proof of reserves using the cryptographically audited #Merkle tree method.(CoinTelegraph)

[Web3Telescope @GlobalWeb3News]

🔴Newsflash
LG Electronics’ Latest Partnership Seeks to Bring Interoperable #Metaverse to TVs

South Korean tech giant @LGElectronics has teamed up with @OorbitOnline and @pixelynx_io to bring interoperable gaming and social experiences directly to LG Smart TVs. (CoinTelegraph)

[Web3Telescope @GlobalWeb3News]

🔴Newsflash
NFT Influencer Falls Victim to Cyberattack, Loses $300K+ CryptoPunks

#NFT influencer CryptoNovo announced fell victim to a #cyberattack and lost two #CryptoPunks, which worth of $300k. (CoinTelegraph)

[Web3Telescope @GlobalWeb3News]

🔴Newsflash
US Authorities Are Seizing $460M in Robinhood Shares Tied to FTX

The US Departure of Justice has seized over $400 million worth of #Robinhood shares linked to #FTX as part of the case against the crypto #exchange. (CoinTelegraph)

#Crypto

[Web3Telescope @GlobalWeb3News]

🔴Newsflash
#Blockchain Fintech GammaRey Signs $320M Merger Agreement

@Gammarey_online has signed a merger agreement with financial e-commerce and consumer data analytics company @gologiq. The transaction is anticipated to be completed within the next few weeks. (CoinTelegraph)

[Web3Telescope @GlobalWeb3News]

🔴Newsflash
SBF Enters Not Guilty Plea for All Counts in Federal Court

Former #FTX CEO #SBF has pled not guilty to all criminal charges he’s facing related to FTX collapse, including wire fraud, securities fraud and violations of campaign finance laws. (CoinTelegraph)

#Crypto

[Web3Telescope @GlobalWeb3News]

🔴Newsflash
Ripple CEO Optimistic About US Regulatory Clarity For Crypto

@Ripple's CEO @bgarlinghouse said he's “cautiously optimistic” about the US gaining "breakthrough" regulatory clarity for the #crypto industry in 2023. (CoinTelewgraph)

#Ripple #Regulation

[Web3Telescope @GlobalWeb3News]

🔴Newsflash
Bithumb Former Chair Lee Jung-Hoon Acquitted in the First Instance

Lee Jung-hoon, the former chair of the South Korean #crypto exchange #Bithumb, was found not guilty on Jan. 3 by the Seoul Central District Court in the $70 million fraud case.

#Exchange

[Web3Telescope @GlobalWeb3News]

🔴Newsflash
WOW Summit Hong Kong 2023 to Be the Flagship Large-Scale #Web3 Event in APAC

WOW Summit Hong Kong will host over 5000 attendees on March 29-30, 2023 at AsiaWorld-Expo. The conference is supported by Invest Hong Kong and Hong Kong Tourism Board. (GlobeNewswire)

[Web3Telescope @GlobalWeb3News]

🔴Newsflash
Morocco Central Bank Governor：Crypto Draft Law Now 'Ready'

A Moroccan draft #crypto law, which seeks to protect individuals from the risks associated with crypto trading, is ready and will soon be presented to stakeholders, said the governor of BAM. (Bitcoin News)

[Web3Telescope @GlobalWeb3News]

🔴Newsflash
December Lowest Month of 2022 for Crypto Thefts: CertiK

According to @CertiKAlert, the #crypto industry suffered losses of approximately $62.2 million in December, making it the lowest monthly figure in 2022. (CryptoPotato)

[Web3Telescope @GlobalWeb3News]

🔴Newsflash
Web3 Startups Raised $7.1B During 2022: Metaverse Post

The #Web3 space raised $7.1 billion in funding throughout 2022, with #Gaming, #Metaverse and #SocialNetworks being the top 3 investment categories, according to @mpost_io’s year-end report. (CryptoSlate)