ICYMI: All the Week's Crypto Headlines 📰

Everything you need to know to keep on top of crypto. ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ This Week's Top Stories Check out [CoinMarketCap Alexandria]( for tech deep dives, analysis, daily news and easy-to-understand guides on how crypto works! ICYMI: Your summary of the week in crypto Happy Sunday! Here’s a look back at the crypto stories you may have missed over the past seven days. And there's only one place to start… yes, Bitfinex. A whopping $3.6 billion has been recovered by the feds — six years after it went missing. Two people have been arrested on suspicion of crypto laundering, and they certainly didn't keep a low profile. Husband-and-wife Ilya Lichtenstein and Heather Morgan loved uploading videos to TikTok. And Morgan also had an alter ego — Razzlekhan — regularly releasing freestyle raps that are, er, an acquired taste. They face 20 years in prison if convicted. Weirdly, they haven't been charged with orchestrating the hack itself, which begs the question… who did i? Five things we learned this week 1. [NYC Mayor Eric Adams likes crypto… but not mining.]( It's a bit of a weird stance to take, especially considering that Bitcoin wouldn't exist without its Proof-of-Work blockchain. Many New Yorkers are angry that a former coal plant has been converted into a mining farm packed with thousands of computers. 2. [SHIBA INU isn't going anywhere.]( The memecoin rallied by more than 60% this week after it emerged that the project is launching its very own metaverse. It's starting to get easier to list who ISN'T creating a virtual world. Indeed, McDonald's has now started filing trademark applications that discuss virtual restaurants and food. Mmm. 3. [Journalists are struggling to do due diligence on crypto.]( Covering the digital assets beat is hard at the best of times. It's very technical and involved. The BBC quietly had to drop a documentary on a self-made crypto millionaire that had been in the works for months. Why? Because he created a token that was allegedly a scam. 4. [History is repeating itself at the Super Bowl.]( Back in 2000, the event was called the "Dotcom Bowl" after 14 internet companies took out ads. Fast forward to now, and crypto exchanges are tripping over themselves to connect with millions of people as they gorge on chicken wings and beer. The cost? $7 million for 30 seconds. 5. [More and more countries are changing their mind on crypto.]( India turned heads by announcing it planned to tax digital assets instead of ban them. And now, Russia also appears to have changed its mind. Acknowledging it would be difficult to prohibit transactions, Moscow now intends to go down the regulatory route instead. The week ahead Here are just a few burning questions: — Will Bitfinex manage to get its hands on the crypto it lost in 2016? — Will we learn more about the case against Heather Morgan and Ilya Lichtenstein? — Will Bitcoin continue its winning streak, or will worries about the Fed's plans to increase interest rates return? Three essential reads on CoinMarketCap Alexandria — [Blockchain elections and metaverse voting: Is it possible?]( We ask whether casting a ballot virtually can solve some of the problems in the real world. — [Top 10 anticipated Web 3.0 trends for 2022:]( The world is going decentralized. Here, we take a look at what investors should expect in the coming year. — [How to truly own your NFTs:]( You've just bought your first NFT. You've showed it to all your friends. But have you stored it securely so that you truly own it? Listen to this! — The [CoinMarketRecap]( podcast comes out every Friday — join Connor and Molly Jane as they discuss all of the week's top stories. — And over on [YouTube]( Jessica Walker is here with the latest episode in the Explain Like I'm 5 series… breaking down Bitcoin in a way even kids would understand. Thanks for reading! Have a great day — more news tomorrow! [Facebook]( [Twitter]( [Instagram]( [Telegram]( Written by Molly Zuckerman and Connor Sephton Was this email forwarded to you? [Sign up here](. WANT MORE CRYPTO BITES? [Sign up here]( for Daily Newsletters, Promotions and Events and Prices [App Store]( [Google Play]( [ADVERTISE]( | [CAREERS]( | [FAQ]( © 2022 CoinMarketCap [Update Settings]( | [Unsubscribe]( [coinmarketcap.com]( CoinMarketCap OpCo LLC, 8 The Green, STE 6703, Dover, Delaware 19901, United States