With a new wedek comes more news! From Britain PM election to Metaverse surge line up, check out what happened Last Week in Blockchain space!

Technology

PayPal’s rocky road ahead warrants more cost cuts, Wall Street says
https://www.reuters.com/technology/paypals-rocky-road-ahead-warrants-more-cost-cuts-wall-street-says-2023-02-01/

Tesla’s bitcoin holdings fell nearly $1.8 billion in value last year, as Elon Musk called crypto a ‘sideshow’
https://finance.yahoo.com/news/teslas-bitcoin-holdings-fell-nearly-113425338.html

Mastercard, Binance launching prepaid card in Brazil
https://www.reuters.com/technology/mastercard-binance-launching-prepaid-card-brazil-2023-01-30/

Marathon Digital Sells Mined Bitcoin for First Time to Monetize Recent Rally
https://finance.yahoo.com/news/marathon-digital-sells-mined-bitcoin-003921135.html

ChatGPT has gone viral. Now Wall Street is flocking to AI.
https://finance.yahoo.com/news/chatgpt-gone-viral-now-wall-113500224.html

Is bitcoin being manipulated? A professor who proved it in 2017 sees more red flags.
https://finance.yahoo.com/news/bitcoin-being-manipulated-professor-proved-152538369.html

Dungeons & Dragons Makes Dramatic U-turn in NFT Policy
https://nftplazas.com/dungeons-dragons-nft/

Crypto

Elon Musk’s reported payments plan for Twitter sends dogecoin skyrocketing 10%
https://finance.yahoo.com/news/elon-musks-reported-payments-plan-141943765.html

My Big Coin cryptocurrency firm founder gets 8 years in prison for fraud
https://www.reuters.com/technology/my-big-coin-cryptocurrency-firm-founder-gets-8-years-prison-fraud-2023-01-31/

Cryptoverse: Big investors edge back to bitcoin
https://www.reuters.com/technology/cryptoverse-big-investors-edge-back-bitcoin-2023-01-31/

Michael Saylor still sees bitcoin as a safe haven for investors, even after MicroStrategy’s holdings shed $1.3 billion in value last year
https://finance.yahoo.com/news/michael-saylor-still-sees-bitcoin-114038268.html

Crypto lender Celsius propped up its token, benefiting insiders -U.S. bankruptcy examiner
https://www.reuters.com/technology/celsius-business-model-different-that-advertised-us-bankruptcy-examiner-2023-01-31/

U.S. says FTX founder Bankman-Fried needs limits on communications, asset access
https://www.reuters.com/technology/us-says-ftx-founder-bankman-fried-needs-limits-communications-asset-access-2023-01-30/

Crypto-linked stocks are on a tear, with Coinbase, MicroStrategy, and others up more than 100% in a month as risk appetite returns
https://finance.yahoo.com/news/crypto-linked-stocks-tear-coinbase-163906036.html

Nigeria’s Bitcoin Premiums May Better Reflect Country’s Demand for the Dollar, Not Crypto
https://finance.yahoo.com/news/nigeria-bitcoin-premiums-may-better-163435641.html

Luxor Starts First-of-Its-Kind Bitcoin Mining Rig Marketplace for Large-Scale Orders
https://finance.yahoo.com/news/luxor-starts-first-kind-bitcoin-140000395.html

NFT

NFT Marketplace Sudoswap Airdrops Tokens to Liquidity Providers and 0xmon Holders
https://finance.yahoo.com/news/nft-marketplace-sudoswap-airdrops-tokens-082504096.html

Premier League signs NFT deal with SoftBank-backed Sorare
https://www.reuters.com/technology/premier-league-signs-nft-deal-with-softbank-backed-sorare-2023-01-30/

Logan Paul is being sued for promoting a failed crypto game that asked people to buy NFTs but never launched
https://finance.yahoo.com/news/logan-paul-being-sued-promoting-131537851.html

New Bitcoin protocol may shake up the NFT market
https://finance.yahoo.com/news/bitcoin-protocol-may-shake-nft-063029364.html

Cool Cats Rebrands to Recapture its Early Glory
https://nftplazas.com/cool-cats-recapture/

Coinbase NFT Suspends Creator Drops to Focus on Rebuild
https://nftplazas.com/coinbase-nft-creator-drops/

Steve Aoki and Seth Green Put NFT Holders in Driving Seat
https://nftplazas.com/steve-aoki-seth-green/

Proof Unveils Artists Behind Grails III NFT Collection
https://nftplazas.com/proof-grails-nft-collection/

Cyber Crimes

Record $3.8bn Stolen Via Crypto in 2022
https://www.infosecurity-magazine.com/news/record-38bn-was-stolen-crypto/

Crypto hacks stole record $3.8 billion in 2022, led by North Korea groups – report
https://www.reuters.com/technology/crypto-hacks-stole-record-38-billion-2022-led-by-north-korea-groups-report-2023-02-01/

Azuki in Trouble as Official Twitter Account Hacked
https://nftplazas.com/azuki-twitter-hacked/

Threat Actors Use ClickFunnels to Bypass Security Services
https://www.infosecurity-magazine.com/news/threat-actors-clickfunnels-bypass/

MalVirt Loaders Exploit .NET Virtualization to Deliver Malvertising Attacks
https://www.infosecurity-magazine.com/news/malvirt-loaders-exploits-net/

Metaverse

Warner Music Debuts World’s Biggest Demo Drop in The Sandbox
https://nftplazas.com/warner-music-sandbox/

Will the metaverse be entertaining? Let’s ask South Korea
https://economictimes.indiatimes.com/tech/technology/will-the-metaverse-be-entertaining-lets-ask-south-korea/articleshow/97618769.cms

How the metaverse is about to change your world — The Blueprint
https://interestingengineering.com/innovation/how-the-metaverse-is-about-to-change-your-world-the-blueprint

Earning Money In The Metaverse: The Advantages Of Sansar
https://menafn.com/1105524566/Earning-Money-In-The-Metaverse-The-Advantages-Of-Sansar

Metaverse Dawn Of A New Era | Bixin Talk
https://menafn.com/1105524577/Metaverse-Dawn-Of-A-New-Era-Bixin-Talk

Web3 News

Headlines of the Week:

  • Britain’s finance ministry sets out draft rules to regulate cryptoassets
    (Reuters)
  • WAX Blockchain Unveils Masterplan For Conquering Web3 (NFTPlazas)
  • Ethereum Developers to Launch New Testnet ‘Zhejiang’ for Simulating ETH
    Withdrawals (YahooFinance)
  • Top 5 Web3 Games to watch out for in 2023 (NFTPlazas)
  • Micah Johnson Partners with AHA To Raise Awareness Through NFTs
    (NFTPlazas)
  • NFT’s Bitcoin Future “Video” (YahooFinance)
  • Researchers Warn of Crypto Scam Apps on Apple App Store (InfoSecurity)

This Week in the Market: (CoinMarketcap)

  • The global crypto market cap is $1.08T, a 0.01% Decrease over the last
    Day
  • Bitcoin is at $23,297.57 and is Down 0.88% over the last 7 days
  • Ethereum is at $1,655.60 and is Up 2.66% over the last 7 days
  • BNB is at $331.35 and is Up 4.89% over the last 7 days

Key Dates/Events

  • 14 February – 17 February – The Blockchain Event
  • 15 February – 17 February – European Blockchain Convention
  • 27 February – 28 February – Blockchain Economy London Summit

Accounts to Follow

This week we have @nftnext, NFT Next is the leading authority on Non-Fungible Token (NFT) journalism, research, and creative content around NFTs, Web3, and CryptoArt. Founded by an NFT artist who has lived through the NFT community’s incredible first two years, this news and entertainment publisher brings an insider’s perspective to the art of collecting.