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The 10 largest crypto hacks and exploits in 2022 saw $2.1B stolen

December 30, 2022 by

Just the top 10 major cryptocurrency exploits garnered over $2 billion for malicious actors in a year that was marred with bankruptcies and collapses.

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Vader will shut down stablecoin USDV, cannot find a ‘breakthrough’

December 29, 2022 by

The remaining treasury will be distributed to users through a redemption app until June, according to the protocol.

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False alarm: DOJ did not classify MNGO as a commodity

December 29, 2022 by

Avi Eisenberg’s arrest on commodities fraud charges for the Mango Markets exploit raised eyebrows on crypto Twitter and required some processing to work through its intricacies.

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Dogecoin devs deny rumor of immediate PoS switch following community concern

December 29, 2022 by

The denial was made after critics said the team was going to “kill scrypt miners.”

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Prosecutors unlikely to offer Sam Bankman-Fried a favorable plea deal, says lawyer

December 29, 2022 by

Former FTX CEO may not be able to offset the two counts of wire fraud and six counts of conspiracy he faces with the credits by entering a guilty plea.

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Bank of India report calls for regulatory coordination on crypto market challenges

December 29, 2022 by

The RBI’s latest financial stability report accentuated the negative about cryptocurrency and reminds the world that India is looking for global action on crypto regulation.

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FTX’s Liquid exchange hopes to return customer assets next year

December 29, 2022 by

The exchange said it intends to outline further details in a report in January 2023.

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Over 1,400 Chinese firms operating in blockchain industry, national whitepaper shows

December 29, 2022 by

Despite partial crypto bans, the Chinese Government has included blockchain technology in official state development policy.

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An overview of the metaverse in 2022

December 29, 2022 by

Metaverse adoption has slowed down in 2022, but investors’ and developers’ enthusiasm remains. Here’s an overview of the tech’s last 12 months.

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Chinese Communist Party official pleads guilty to helping Bitcoin miners

December 29, 2022 by

Xiao Yi, Communist Party Secretary of the City of Fuzhou, financially aided Bitcoin miners between 2017 and 2021.

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BTC price preserves $16.5K, but funding rates raise risk of new Bitcoin lows

December 29, 2022 by

Bitcoin is fooling no one with its current behavior, with bearish takes everywhere and the yearly close just two days away.

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What is Swan Bitcoin and how does it work?

December 29, 2022 by

Swan Bitcoin has simplified Bitcoin saving with automatic recurring buys and one-time buys. Find how Swan Bitcoin works.

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Robinhood shares claimed by BlockFi and FTX may move to a neutral broker

December 29, 2022 by

Bankruptcy judge Michael Kaplan said that on Jan. 9, he will review if the shares should be transferred to a neutral broker.

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Blockchain analytics unable to prevent FTX-level illicit schemes

December 29, 2022 by

Blockchain tracker Whale Alert has attempted to scan FTX’s historical balance checks to find out whether it was possible to spot the collapse sooner.

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BMW taps Coinweb and BNB chain for blockchain loyalty program

December 29, 2022 by

BMW will integrate decentralized tech in two phases- first in its daily operations to eliminate complex paperwork, and the second phase would see the development of a customer loyalty program.

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70% of unregulated exchange transactions are wash trading: NBER study

December 29, 2022 by

The researchers found that in some exchanges, the wash trading volume can go as high as 80%.

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Fiji elects pro-Bitcoin prime minister Sitiveni Rabuka

December 29, 2022 by

Fiji elects a pro-Bitcoin prime minister, signaling a positive future for Bitcoin adoption in the pacific island nation.

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Microstrategy Bitcoin purchase divides the crypto community

December 29, 2022 by

Many praised the move, while others brought up some potential negative effects of one entity holding a lot of Bitcoin.

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Bitcoin price would surge past $600K if ‘hardest asset’ matches gold

December 29, 2022 by

The coming decade could be Bitcoin’s time to copy gold’s 1970s breakouts, says Capriole Investments.

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Celsius wants to extend the deadline for claims as lawyer fees mount

December 29, 2022 by

Administrative expenses from the bankruptcy proceedings have already topped $53 million, and continued delays are chipping away at Celsius’ estate.

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3Commas API leak victims demand refunds and apology for ‘gaslighting’ users

December 29, 2022 by

3Commas finally admitted there was an API leak after months of refuting community reports that it had occurred. Users were not happy about being “gaslighted.”

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MicroStrategy to offer Bitcoin Lightning solutions in 2023

December 29, 2022 by

MicroStrategy’s Lightning Network solutions include Satoshi-powered incentives for marketing and website cybersecurity.

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Sam Bankman-Fried’s life on bail: Armed guards, daily jogs and gawkers

December 29, 2022 by

Compared to his prison accommodations in The Bahamas, the former billionaire appears to be living a pretty decent life while under house arrest.

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California regulator warns of 17 crypto websites suspected of fraud

December 29, 2022 by

The last time the DFPI sent out such a large batch of crypto scam alerts was in June when it sounded the alarm over 26 dubious crypto platforms.

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What to expect from crypto the year after FTX

December 29, 2022 by

Users are still seeking to move their funds away from centralized exchanges, paving the way for blockchain-based alternatives to thrive.

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3Commas CEO confirms API key leak following warning from CZ

December 28, 2022 by

The Binance CEO was less than receptive to claims of losses due to a 3Comma API key leak earlier this month; now he recommends disabling 3Comma API keys.

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Which celebrities joined and left crypto in 2022?

December 28, 2022 by

Sports players, movie stars, models, musicians; the gang’s all here, with more celebrities entering the blockchain space with each passing month. Will that trend continue in 2023?

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Bankman-Fried may enter plea in NY federal court next week before Judge Lewis Kaplan

December 28, 2022 by

Bankman-Fried has claimed repeatedly that he does not consider himself to have criminal liability in the collapse of FTX, but his colleagues have already pleaded guilty.

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Binance’s Cloud Mining affected by extreme weather conditions in North America

December 28, 2022 by

Users’ subscriptions to cloud mining products have been extended for three days due to the power outage.

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Fidelity plans NFT marketplace: Nifty Newsletter, Dec. 21–27

December 28, 2022 by

Investment firm Fidelity recently filed trademarks that showed its intentions to enter the NFT and metaverse space.

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