This Is What Happened In The Cryptocurrency World Today - 03.01.2023

This Is What Happened In The Cryptocurrency World Today:

14 years ago today, the first Bitcoin was mined.

Logan Paul has responded to CryptoZoo "scam" accusations made by YouTube journalist Coffeezilla, stating that Coffeezilla made "very real errors" and that legal action is forthcoming.

Sam Bankman-Fried pleads not guilty to all charges in the FTX fraud case and his trial is set for October 2nd, 2023.

ANC Pharmacy, one of the largest pharmacy chains in Ukraine partners with Binance to accept crypto payments at 1,100 locations.

Three US financial regulators have stated that banks are not prohibited or discouraged from providing crypto services to customers.

DeFi protocol Sushi to end Kashi (lending platform) and MISO (launch pad) to focus on DEX.

Crypto hack lawsuits against exchanges, wallets & mobile operators reached a new high in 2022.

Former Bithumb Chairman Acquitted in $100M Fraud Case.

The company behind the Final Fantasy franchise says blockchain games will be a major focus of its strategy going forward.

Grayscale Ethereum Trust trades at record 59% discount.

Coinbase returns to pre-IPO valuation as market cap drops below $8b.

Russia planning on power plant expansion in Siberia owing to rising demand from crypto-mining activities.

According to Digiconomist, global Bitcoin mining consumed 161 TWh of electricity in 2022, exceeding the annual use of a country like Sweden.


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