Following the FTX collapse, proof of reserves has been a hot topic, with the investor community demanding that exchanges give certifications of their cryptocurrency holdings. […] Go to Source
Yearly archives: 2022
SushiSwap Price Prediction for Today, December 26: SUSHI/USD Begins a Recovery Mode above $0.95
The SushiSwap price prediction is seen breaking above the $0.95 resistance level as SUSHI trades bullishly above the 9-day moving average. SushiSwap Prediction Statistics Data: […] Go to Source
SEC Chair Gary Gensler Warns of Imminent Crypto Crackdown, Explains Why Proof of Reserves Has No Value: Report
The Chair of the U.S. Securities and Exchange Commission (SEC) reportedly says that a crackdown on the crypto industry is imminent in the wake of FTX’s high-profile collapse. According to a new report by Bloomberg, SEC Chair Gary Gensler says that the regulatory agency is coming after crypto firms that don’t comply with its rules, …
Ethereum (ETH) Rival Fantom (FTM) Reveals Plans for 2023, Names One Critical Area of Focus
The architects behind Ethereum (ETH) competitor Fantom (FTM) are revealing an internal letter detailing the project’s goals and points of focus for the new year. Published in a Medium post, decentralized finance (DeFi) veteran Andre Cronje, who sits on the board of directors on the Fantom Foundation, says that Fantom’s mission is to create the …
One Sector of Crypto Industry Showing Resiliency and Maturity Amid Extended Bear Winter: DappRadar
A new DappRadar report reveals that one sector of the digital asset industry remains resilient even as an extended crypto winter continues to weigh on the markets. In a new report, the market intelligence platform says that decentralized applications (DApps) are demonstrating “resilience and maturity” in the face of numerous events that have dragged down …
Solana’s Two Biggest NFT Projects Moving to Ethereum (ETH) and Polygon (MATIC) As SOL Approaches Yearly Low
Ethereum (ETH) rival blockchain Solana (SOL) is taking another bear market hit as its two biggest non-fungible token (NFT) projects announce a migration to other chains. On Christmas day at nearly the same time, Solana-based NFT projects y00ts and DeGods III announced on Twitter that they are bridging to Ethereum and Polygon (MATIC) next year. …
BitKeep exploiter used phishing sites to lure in users: Report
The Bitkeep exploit that occurred on Dec. 26 used phishing sites to fool users into downloading fake wallets, according to a report by blockchain analytics provider OKLink. The report stated that the attacker set up several fake Bitkeep websites which contained an APK file that looked like version 7.2.9 of the Bitkeep wallet. When users …
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Krampus is coming to the crypto space this holiday season
’Twas the weeks before Christmas on a island far away, None could have foreseen crypto’s golden boy going astray. When politicians and firms took FTX‘s money with glee, Did they truly know the depth of one man’s duplicity? Imagine if you will, the exchange’s younger days, When business people showered the LoL player with praise. …
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SBF stays at parents’ house on a $250 million bail: Law Decoded, Dec. 19-26
Former FTX CEO Sam Bankman-Fried landed in the United States on Dec. 21. And, at least till the end of his court cases, he will live with his parents in Palo Alto, California. A bail was granted to SBF on the conditions of a $250 million bond, home detention, location monitoring and the surrender of …
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Price analysis 12/26: SPX, DXY, BTC, ETH, BNB, XRP, DOGE, ADA, MATIC, DOT
The cryptocurrency markets are trading at record low volatility as investors have largely stayed away during the holiday season. That could be because investors are unsure about the cryptocurrencies that could lead the next bull run. Cumberland senior research analyst Steven Goulden said in a “Year in Review” report that he expects four “emerging narratives” …
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Fantom’s Andre Cronje Will Focus On The Expansion Of Its dApp Ecosystem In 2023
Fantom co-founder Andre Cronje has laid out the protocol’s roadmap for 2023. The protocol will focus on expanding its dApp ecosystem through gas monetization and subsidies. Cronje has been appointed to the Board of Directors for Fantom Foundation Ltd. The protocol previously pledged to bring down its token burn rate to incentivize dApp developers. Andre …
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Biconomy Price Prediction for Today, December 26: BICO/USD Hits $0.30 Resistance
The Biconomy price prediction reveals that BICO crosses above the moving averages as the coin gets ready for an upward movement. Biconomy Prediction Statistics Data: […] Go to Source
Biggest Crypto Gainers – December 26
The global crypto market has started showing some signs of recovery towards the end of this year. The two most commonly used cryptocurrency coins, Bitcoin […] Go to Source
Crypto’s Wealthiest Titans Collectively Lost $116,000,000,000 in Less Than a Year: Report
The crypto industry’s richest moguls are reportedly seeing their personal net worth take a deep nosedive this year as they endure the crypto bear market. A Forbes report reveals that the largest players in the digital asset space have collectively lost roughly $116 billion in personal wealth since March of this year. One the biggest …
7 biggest crypto collapses of 2022 the industry would like to forget
2022 has been a bumpy year for the cryptocurrency market, with one of the worst bear markets on record and the downfall of some major platforms within the space. The global economy is beginning to feel the consequences of the pandemic, and clearly, this has had an influence on the crypto industry. Below is a …
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