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The world has seen the beginning and rise of cryptocurrency in the past few years. But there is a lot more to come.

https://btcmanager.com/seven-cryptocurrency-trading-trends-2022/

David Marcus, the person who co-created the Diem cryptocurrency by Facebook is leaving Facebook and he is being replaced by Novi's VP of product Stephane Kasriel as we can see more in our latest cryptocurrency news today. David Marcus is the executive who worked on the Facebook Novi wallet but now he will be leaving […]

https://www.dcforecasts.com/libra-news/david-marcus-diem-crypto-co-creator-is-leaving-facebook/

The company will establish a tech center for excellence in Israel.

https://www.financemagnates.com/cryptocurrency/news/crypto-exchange-coinbase-to-buy-unbound-security/

Cryptocurrencies' higher price levels attracted heavy selling pressure while altcoins resumed their rally. Bears are holding the upside while bulls are buying the dips. The following altcoins are the top five losers of the past week.

https://coinidol.com/altcoins-selling-pressure-higher/

DeFi platform MonoX has reported the loss of $31 million following a DeFi hack that saw hackers stealing  $18.2 million in wrapped ether (WETH) and $10.5 million in polygon (MATIC) as well as other cryptocurrencies. MonoX is a DeFi platform that offers single token pools, traders can place their tokens and receive tokens in return for providing liquidity.

https://cryptodaily.co.uk/2021/12/monox-latest-victim-defi-hack-losing-30-million-crypto

Competitive Japanese politicians have called upon the country's finance officials to ramp up efforts towards developing a digital currency. Notably, of late, most nations have been ramping up their efforts toward developing their own digital fiat.

https://ambcrypto.com/japan-ramping-up-political-pressure-as-chinas-digital-yuan-inches-closer-to-launch/

Changes meant to postpone the introduction of a tax on virtual assets such as cryptocurrencies in South Korea have been approved by an important parliamentary committee. The draft legislation seeks to delay Seoul's plan to impose a 20-percent levy on gains from crypto transactions. Ahead of Election, Major Parties Support Tax Break for Crypto Investors […]

https://news.bitcoin.com/finance-committee-approves-legislation-delaying-crypto-tax-in-south-korea/

TL; DR Breakdown Google has informed users about hackers using the cloud for mining cryptocurrency. The deviants target ill-secured accounts for easy takeover.

https://www.cryptopolitan.com/google-cloud-accounts-targeted/

El Salvador's pro-crypto president commented on a report on the U.S. Fed's response to escalating economic and financial woes.

https://cryptopotato.com/el-salvadors-president-asks-the-fed-to-stop-printing-money/

David Marcus, one of the top executives at Meta Platforms and the co-creator of the yet-to-be-launched Diem digital currency, is leaving the company after seven years to pursue other projects. Bloomberg's Kurt Wagner reports on "Bloomberg Markets.

https://www.youtube.com/watch?v=Tw7WbVusNsI

With the huge increase in cryptocurrency adoption by non-experts in 2021, the number of scammers is also on the rise. Fraudsters have started using the SIM-swap method to gain access to users' personal information such as emails, bank accounts, and even their digital assets.

https://coinidol.com/investors-lose-savings/

The $91 billion private equity firm Thoma Bravo is building a growth investing business aimed at crypto and fintech. The post Thoma Bravo is building a crypto and fintech growth investment practice appeared first on The Block.

https://www.theblockcrypto.com/linked/125859/thoma-bravo-is-building-a-crypto-and-fintech-growth-investment-practice

The Board of Control for Cricket (BCC) in India enacted the order.

https://www.financemagnates.com/cryptocurrency/news/india-bans-cricket-teams-from-engaging-in-deals-with-crypto-exchanges/

Digital Currency Group and its subsidiaries, including Grayscale Investments, have decided to move from New York City to Connecticut.

https://cryptopotato.com/the-reasons-behind-digital-currency-group-picking-connecticut-as-new-headquarters/

TL; DR Breakdown South Korean lawmakers to delay crypto tax till 2023 Lawmakers want a defined structure for the tax The committee wants the government to define crypto With most countries now seeing the light and accepting that digital assets are here to stay, they are now looking to generate income from them. Countries worldwide […]

https://www.cryptopolitan.com/crypto-tax-south-korea-to-delay-taxation-till-2023/