Digital Currency Group, the parent company of both Genesis and Grayscale, released a statement on January 20 commenting on the news that Genesis had filed for Chapter 11 bankruptcy. The post DCG responds to Genesis bankruptcy; Bitcoin jumps 4% as contagion fears lessen appeared first on CryptoSlate.

Investors betting against Bitcoin grew to some of the highest on record as markets welcomed the new year. The post Research: Market hedged the shortest amount in over 2 years as Bitcoin rose to $21k appeared first on CryptoSlate.

Alethea AI and Polygon Labs are jumping on the AI hype with the launch of an AI-powered NFT project that allows users to create NFT avatars through text-based prompts similar to OpenAi’s Dall-E image generator. The post AI avatars launch on Polygon as CharacterGPT brings NPCs to life appeared first on CryptoSlate.

Funds collected by ransomware attacks fell to $456.8 million in 2022 from a high of $765.6 million in 2021, according to a new report from analytics firm Chainalysis. The post Crypto ransomware payments fall 40% in 2022 appeared first on CryptoSlate.

During the World Economic Forum meeting in Davos, IPwe Inc and Casper Labs announced a historic move to convert 25 million patents to dynamic NFTs. The post IPwe, Casper Labs converting 25 million patents to NFTs as enterprise blockchain usage grows appeared first on CryptoSlate.