Summary: • Bitcoin mining difficulty has hit a new All-Time High (ATH) of 39.35 T. • The NYDFS is investigating crypto exchange Gemini over its claims related to the safety of customer funds. • South Korea’s Ministry of Justice plans to implement a Virtual Currency Tracking System to monitor transactions and check the source of funds. Bitcoin Mining Difficulty Hits New ATH The difficulty of mining a Bitcoin (BTC) block increased by 4.68% on Sunday, hitting a new all-time high (ATH) of 39.35 T. It had hit its previous ATH of 37.59 T following the previous difficulty adjustment on January 15. Gemini Investigated by NYDFS The US, New York Department…

• Alfa Romeo racing team has secured a $100 million sponsorship from crypto casino Stake.com. • This is one of the first and biggest crypto-related sponsorships following the crash of FTX exchange. • Stake has a growing list of partnerships with sports teams and famous personalities. The crypto gambling platform, Stake.com, based in Australia, has made a landmark move by entering a partnership agreement worth $100 million with the Alfa Romeo Racing team. This marks one of the biggest, and first, crypto-related sponsorships since the catastrophic collapse of FTX exchange, which was widely known for its high-level and wide-reaching sponsorships. The new year has brought with it a sense of…

Bulletpoints: • Enjin Coin Price has surged by 68.9% in two weeks • An update for the War of Ants mobile game has been released • The update fixed several bugs, removed the menu wallpaper and introduced interstitial ads Enjin Coin has been experiencing a tremendous surge in price lately, with its value growing by 68.9% in two weeks. The NFT and gaming platform has seen its price skyrocket by 59.7% in a month, with its value currently dodders at $0.42. Bulls were able to successfully conquer resistance at $0.40, flipping it into immediate support. To keep up with its growth, Enjin Coin has announced new updates for one of…

• South Korean crypto exchange Bithumb has been the subject of a „special“ tax investigation by the National Tax Service (NTS) and prosecutors have summoned its suspected largest shareholder for questioning. • The investigation is being carried out by a branch of the Bureau of Investigation of the Seoul Regional Tax Service and will examine cases of possible tax evasion. • Prosecution officials are also investigating Bithumb’s owners, which are thought to be highly complex, with many shareholders owning stakes. South Korean crypto exchange Bithumb has recently become the subject of a „special“ tax investigation by the National Tax Service (NTS). The investigation is being carried out by a branch…

• The Chinese government has announced plans to launch a state-backed „non-fungible token (NFT)“ marketplace. • The platform will go live on January 1 and will be an official “secondary market for digital assets that comply with national regulations”. • Private blockchain networks and NFTs are being used, but crypto assets are being sidelined in favor of fiat yuan. The Chinese government has recently made moves to enter the NFT space with its own version of a state-backed „non-fungible token (NFT)“ marketplace. The Hangzhou Internet Court ruled that virtual items such as NFTs can be legally recognized as property, and Beijing is now ready to launch the China Digital Asset…