Top five crypto winners (and losers) of 2022

Cointelegraph looks back on the best and worst-performing cryptocurrencies of 2022 among the top 100 assets by market capitalization. We used the highest and the lowest year-to-date (YTD) returns through the close of Dec. 25, 2022. Overall, Cryptoindex.com 100 (CIX100), an index that tracks the 100 best-performing cryptocurrencies, fell nearly 68% YTD, suggesting most top …

Here’s how Defrost Finance plans to refund users following $12M hack

After recovering the funds lost in a recent flash loan exploit, decentralized leverage-trading platform Defrost Finance is planning to return the funds to their rightful owners, according to a new announcement.  In a Medium post, Defrost highlighted that it will soon be refunding the assets to their original holders and will be following a specific process. …

Bitcoin ASIC miner prices hovering at lows not seen in years

Bitcoin (BTC) ASIC miners — machines optimized for the sole purpose of mining Bitcoin — are currently selling at bottom-of-the-barrel prices not seen since 2020 and 2021, in what is being viewed as another sign of a deepened crypto bear market. According to the latest data from Hashrate Index, the most efficient ASIC miners, those …

Santa Launches Its Rewarded Browser This Christmas To Bring In the Next 200 Million Users Onto Web 3.0

December 27, 2022 – Road Town, British Virgin Islands Santa Browser has announced the version one launch of its Web 3.0 browser today. Built for an emerging crypto world, the browser claims to bring in the next generation of Web 3.0 users by developing tools that allow anyone to leverage the power of blockchain technologies. …

Community slams NYT for its latest ‘sympathy piece’ on FTX’s Bankman-Fried

The online community including some cryptocurrency figures has condemned the latest so-called “sympathy” article from The New York Times written about FTX founder Sam Bankman-Fried. In the Dec. 26 article published titled “In the Bahamas, a Lingering Sympathy for Sam Bankman-Fried,” New York Times journalist Rob Copeland quotes local Bahamians who appeared to have mostly positive …

SBF gets prison advice: Shave head, deepen voice and listen to rap

FTX founder Sam Bankman-Fried has been given some free advice on surviving federal prison by former white collar criminal Martin Shkreli, also known as “Pharma Bro.” Shkreli, who spent around four years behind bars for securities fraud between 2018 and 2022, said the currently-on-bail former FTX executive should consider shaving his head, deepening his voice …

Looking back on the year with Polygon: Increase in transactions, new collaborations, and more

Despite the troubles that came with 2022 for the crypto space, Polygon enjoyed steady growth in many sectors, with record numbers of transactions and new collaborations. THE YEAR OF…📢 Announcements🛠 Building🌐 Developers🤝🏿 Community🚀 DeFi WHEN BUILDING DELIVERS.2022 #onPolygon pic.twitter.com/c42hm3u081 — Polygon – MATIC 💜 (@0xPolygon) December 20, 2022 As reported, Polygon facilitated over 960 million …

450K BTC moved to cold storage in 2022

Around 550,000 Bitcoin left the exchange reserves, shrinking the amount of Bitcoin held on exchanges to less than 12% of the total supply.  Cover art/illustration via CryptoSlate Glassnode data analyzed by CryptoSlate shows that 450,000 Bitcoin (BTC) held on an exchange or a hot wallet before 2022 have been moved to cold storage throughout the …

Indian Crypto Market Suffers Significantly — Experts Say Trading Volumes Unlikely to Recover Anytime Soon

Crypto trading volumes in India have plunged significantly this year. The FTX meltdown has exacerbated the problem, hurting “the sentiment across crypto tokens.” Local crypto experts are not expecting a recovery in the near future “Unless something dramatic happens” in the upcoming Union Budget. Indian Crypto Market ‘Dead’ Since April, Says Expert Cryptocurrency trading volumes …

Banking Giant HSBC Files Trademarks for a Wide Range of Digital Currency and Metaverse Products

Banking giant HSBC has filed trademark applications with the United States Patent and Trademark Office (USPTO) for a wide range of digital currency products and services, including those related to the metaverse and non-fungible tokens (NFTs). HSBC’s Trademark Applications for Crypto-Related Products and Services HSBC has filed two crypto-related trademark applications for its name and …

DeGods and Y00ts NFTs are bridging off Solana. Here’s why

Nonfungible token (NFT) firm Dust Labs is migrating its two top-performing Solana NFT projects — DeGods and y00ts — onto Ethereum and Polygon in a bid to expand their adoption.  The news was announced on DeGods and y00ts Twitter page on Dec. 25, with both NFT projects expected to be officially bridged onto Ethereum and …

Bearish Indicator: Bitcoin Volatility Hits All-Time Low

Bitcoin volatility has been on a decline since the start of December. This has been a culmination of both low interest from investors, as well as the declining prices of digital assets in the market. It has not led bitcoin to record its lowest volatility level on record yet. Bitcoin At All-Time Low Volatility Will …

Bitcoin Selling Pressure Becoming Exhausted? This Metric May Hint So

The on-chain data for the stablecoin redemptions during the recent price plunge could suggest there aren’t many Bitcoin holders selling anymore. Stablecoin Redeem Count Has Remained Low Recently As pointed out by an analyst in a CryptoQuant post, large stablecoin redemptions have usually accompanied major declines in the Bitcoin price during this bear market. A …

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