Solana’s SOL Jumps 20% as Investors Turn Bullish, Fears of FTX Sales Wane

The tokens crossed $63, reaching a level previously seen in May 2022. Trading volumes spiked to over $3.5 billion, up more than 70% from average levels of $2 billion each day at the start of November.

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DeFi security losses rose 47.4% in 2022 to hit $3.64B: Report

Over $1.40 billion worth of stolen DeFi funds was reportedly laundered via Tornado Cash during that period.

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Crypto and DeFi Losses Hit $3.9 Billion in 2022, Says Report

2022 saw billions of losses to DeFi and crypto exploits. Only 5.2% of the losses were recovered, according to a report by Immunefi. The post Crypto and DeFi Losses Hit $3.9 Billion in 2022, Says Report appeared first on BeInCrypto.

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Animoca Brands plans to raise $1b to fund metaverse companies

The Hong Kong-based venture capital and software developer company Animoca Brands Corp is planning to raise $1 billion. Its latest funding round was completed in November 2022. According to the company’s co-founder and chairman, Yat Siu, who spoke to Bloomberg…

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Crypto VC funding down by 82.5% YOY, lowest in 2 years

Crypto startups raised $660 million in VC funding in December 2022 – down 21. 5% from November (2022) and 82. 5% from December 2021 ($3. 76 billion), according to a report by Wu Blockchain. The post Crypto VC funding down by 82.

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Is Solana dead? Top projects flee the blockchain

Key Takeaways Solana has shed 95% of its value, falling from $54. 5 billion to $4. 4 billion Its association with Sam Bankman-Fried has caused further bearish price action Top projects have fled the blockchain this year, with concern over long-term future of Solana   For cryptocurrency investors, the year 2022 was one to forget.

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2022 Crypto Attacks Were Least in December, With $62M Lost in Heists, Certik Says

Blockchain audit firm CertiK noted some $3.7 billion were lost to scams and hacks in 2022, making it the worst year for nefarious activities in the market’s history, so far.

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Bahamas controls FTX customer assets worth $3.5bn

Late Thursday, Dec.29, 2022, the Securities Commission of the Bahamas stated that it was holding more than $3.5 billion in FTX client assets since Nov.12. 

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Whopping 83 Billion SHIB Burned During 2022, Here's What's Next

Here's what to expect in 2023 as tens of billions of SHIB were burned in 2022

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

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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Bad Actors Win Big In Crypto With Over $3 Billion Stolen In 2022

Bad actors are now almost synonymous with the crypto space given the number of scams and hacks perpetuated on an almost daily basis. So far in the year 2022, these bad actors have come out on top, beating out previous years’ records.

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Research: The Bearish case for Bitcoin as 2022 ends

Amid arguably the coldest winter in Bitcoin’s history, its price has fallen by more than 70% from its November 10, 2021, all-time high of $69,044. 77, while its market cap is down to $318. 943 billion from the yearly high of $9024 billion  — a 64.

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More Than $3 Billion Stolen from Crypto Projects in 2022: Forbes

Crypto ecosystem witnessed more than 125 hacks and lost over $3 billion this year

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Ethereum Decentralized Exchange Uniswap Records $620 Billion in Trading Volume This Year

Ethereum decentralized exchange Uniswap saw 68 million transactions in 2022

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MicroStrategy buys another 2,500 BTC to bring total to 132,500

MicroStrategy reportedly bought approximately 2,500 BTC between 1 November and 24 December, 2022. The company now holds 132,500 BTC acquired for approximately $4. 03 billion. MicroStrategy did however sell 704 BTC for $11.

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Top NFT platform coins to invest in before 2022 ends

Flow (FLOW/USD), Theta Network (THETA/USD), and Tezos (XTZ/USD) are some of the largest platforms for the creation and minting of non-fungible tokens (NFTs).   The Japanese gaming Giant Square Enix invested 7 billion yen ($52.

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Shiba Inu to burn 83bn tokens by 2022’s end

Shiba Burn Tracker reports that 83 billion Shiba Inu tokens will be burned in 2022. This comes after Shiba recorded a 2000 increase in SHIB holders within 48 hours.

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White Hat Hackers Saved Over $20 Billion in 2022 Despite Major Crypto Hacks

2022 witnessed billions lost in crypto hacks. But the contributions from white-hat hackers to keep the industry secure cannot be ignored. The post White Hat Hackers Saved Over $20 Billion in 2022 Despite Major Crypto Hacks appeared first on BeInCrypto.

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Crypto Scammers Stole $3.5 Billion From Investors In 2022 – Report

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Stablecoin Exit Of 2022: $14.3 Billion Redeemed Since March

2022 has been the year of mass exit from stablecoins as more than $14.3 billion has been redeemed from these tokens since March. Total Stablecoin Supply Is Down 8% From March 2022 Peak According to the latest weekly report from Glassnode, the stables observed expansion throughout 2020 and 2021. The relevant indicator here is the […]

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This year, bitcoin owners have gone into the red by $ 213 billion

Due to the bearish trend prevailing in the market, bitcoin investors suffered huge losses in 2022. According to the research firm Glassnode, over the past 365 days, bitcoin owners have gone into the red by $ 213 billion due to the sale of coins at a price lower than the purchase price.

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After the FTX Collapse, Investors are Jumping on Metacade (MCADE)

Crypto markets were sent into meltdown at the start of November 2022, as a massive black hole was discovered in the balance sheet of FTX, the world’s second-largest crypto exchange. Despite initial attempts from Binance, FTX’s arch-rival, to inject liquidity into FTX and save them from collapse, FTX filed for US bankruptcy wiping $2 billion […] The post After the FTX Collapse, Investors are Jumping on Metacade (MCADE) appeared first on Invezz.

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7 of the Best Play-to-Earn Crypto Games to Invest in for 2023

In a recent report, DappRadar stated that $1. 3 billion was raised by play-to-earn and metaverse games in Q3 2022 alone. This comes with almost a million daily active wallets interacting with these games.

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Coinbase CEO Armstrong Confirms Street Expectations for a 50%-Plus Decline in Revenue in 2022

Analysts previously estimated Coinbase’s annual revenue in 2022 to drop to roughly $3.3 billion this year.

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NFT industry in Africa and Middle-East poised for rapid growth

The African and Middle Eastern NFT industries are expected to grow by 48.3% annually to reach $3.42 billion in 2022, according to a report from ResearchAndMarkets. The post NFT industry in Africa and Middle-East poised for rapid growth appeared first on CryptoSlate.

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Buterin's one-stop solution to survive in the crypto market is all you need to know

Vitalik Buterin prioritizes technology over price watching to have a long run in the crypto market Crypto market has lost at least $2.9 billion to crypto scams in 2022 The Ethereum [ETH] co-The post Buterin's one-stop solution to survive in the crypto market is all you need to know appeared first on AMBCrypto.

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The global blockchain devices market to hit $5.6 billion by 2027 

The global blockchain devices market is expected to grow to $5.6 billion by 2027 with a Compound Annual Growth Rate (CAGR) of 35.9% within the forecast period, according to a research report published by ResearchAndMarkets on November 24, 2022. Blockchain…

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FTX Collapse Leaves Total Crypto Market Cap Under $800B, Close to 2022 Low

The FTX debacle has triggered a slide in cryptocurrency prices that wiped out some $183 billion of value from digital assets this month.

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Genesis’ Crypto-Lending Unit Is Halting Customer Withdrawals in Wake of FTX Collapse

The unit, known as Genesis Global Capital, serves an institutional client base and had $2.8 billion in total active loans as of the end of the third quarter of 2022.

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Best DeFi coins to buy in November

Decentralized Finance (DeFi) has come under intense pressure in 2022 as the volume of transactions drop. The industry’s total value locked (TVL) has crashed from over $250 billion to about $71 billion.

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VC: Q3 Hits a New Low in Crypto Venture Capital Investments. Here’s Why

VC: Galaxy Digital Research has noted in its latest report that VCs invested more than $5.5 billion in cryptocurrency businesses in Q3 2022, but it was a new low for the year. The post VC: Q3 Hits a New Low in Crypto Venture Capital Investments. Here’s Why appeared first on BeInCrypto.

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Meta Reports A $3.67 Billion Loss In Its Metaverse Division, Signaling More Problems For The Company

Meta’s problems continue as it records a $3. 67 billion loss in the third quarter of 2022.   Mark Zuckerberg remains optimistic about the prospects of the company, saying it has a “strong impact on the future”.

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Crypto Market Size to Grow by USD 1.47 Billion in Four Years

The global cryptocurrency market size is expected to grow by USD 1.47 Billion between 2022 to 2026, at a CAGR of 15.75% during the forecast period, according to a research report by Technavio on October 24, 2022. Bitcoin Investments to…

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Research: Top 4 stablecoins gaining market dominance despite stagnant growth since May

The top four stablecoins — USDT, USDC, BUSD and DAI — recorded exponential growth throughout 2021 and the first three months of 2022, reaching a peak market cap of $160 billion. The post Research: Top 4 stablecoins gaining market dominance despite stagnant growth since May appeared first on CryptoSlate.

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Top 10 Enterprise Blockchain Platforms to Consider in 2022

Blockchain-based solutions are transforming how institutions and organizations from different fields conduct their businesses.   From September 2021 to June 2022, the blockchain sector has received over $6 billion from approximately 40 top-tier companies like BlackRock, Alphabet, Morgan Stanley and Goldman Sach.

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Blockchain Hackers Stole Nearly Half a Billion in Q3 2022

Even though the cryptocurrency market is in a deep slump, cybercriminals are still actively hacking blockchain technologies or launching scams. According to the data analyzed by the Atlas VPN team, blockchain hackers stole $478 million worth of cryptocurrencies.

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Bumper Year: Crypto Hackers Step Up With Record $3 Billion Theft This Year

Crypto hackers surpassed the level of performance they did last year that enabled them to get away with $2.1 billion worth of cryptocurrencies, setting their own “all-time high” this 2022. With still over two months left before the year ends, these cybercriminals have already carted off with $3 billion worth of cryptocurrencies, CBS News reported […]

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Let’s Roll! Dallas Startup is Revolutionizing the Music Industry

DALLAS, TX, Oct 11, 2022 – (ACN Newswire) – Rock ‘n roll may be dead, but the music business is still projected to grow to $142 billion by 2030...

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Top 11 DeFi Cross-Chain Bridge Attacks of 2022: Hackers Bag Over $2 Billion

The recent BNB Chain hack is yet another on the list of major DeFi attacks that have occurred in 2021-22, resulting in a loss of over $2 billion. The post Top 11 DeFi Cross-Chain Bridge Attacks of 2022: Hackers Bag Over $2 Billion appeared first on BeInCrypto.

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What’s Next for Terra’s LUNC After Binance Burns 5.5 Billion Tokens

Binance announced its first weekly burn of Luna Classic (LUNC) spot and margin trading pair fees totaling $1. 7 million. This batch of fees came from trades between Sep. 21, 2022, and Oct. 1, 2022, according to a recent announcement by the exchange.

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Public Bitcoin Miners Have Shed $14 Billion In 2022, But There’s Bullish Upside

Bear market woes continue for miners as bitcoin’s price sits 70% off its record highs. But hope springs eternal.

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NFT Trading Volume Tumbles 97%; Bitcoin Sell Off Ongoing

NFTs trading volumes fell 97% in September from a record high in January. According to data from analytics firm Dune Analytics, the value of these transactions dropped to $466 million from $17 billion in September from the start of 2022.…

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Why Clothing Matters in the Metaverse

Across the world, there are several industries that nearly everyone uses. While finance and healthcare might initially come to mind, another surprising entry is the apparel industry. The global clothing market is experiencing a growth rate of nearly 10% per year, predicted to reach an incredible $605 billion by the end of 2022. This industry […]

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Crypto’s utility driving adoption in Sub-saharan Africa – Chainalysis

Sub-saharan Africa recorded $100.6 billion worth of crypto transactions on-chain between July 2021 and June 2022, according to a Chainalysis report. The post Crypto’s utility driving adoption in Sub-saharan Africa – Chainalysis appeared first on CryptoSlate.

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Super Protocol: The Solution to Web3 Crypto Hacks and Data Leaks?

Crypto hacks have become commonplace, with projects like Axie Infinity losing millions of dollars to such attacks. Hacks in 2022 alone have amounted to over $2 billion, and the year hasn’t ended yet.

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Best Universities for Blockchain 2022: University of Tokyo

With a $2 billion annual budget, the only Japanese school supports blockchain research and industry partnership to land the No. 40 spot. This story is part of CoinDesk's Education Week.

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How Blockchain Can Help in Tracking Fake Products

The counterfeit business is thriving, while genuine businesses are suffering greatly. According to one report, counterfeit goods cost the global economy an estimated $323 billion in 2018. As stated by Forbes, counterfeiting is the world’s largest illegal industry. By 2022,…

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NFTs and the Metaverse Performing Well Despite the Crypto Market Mayhem

According to a report by Future Market Experiences, the consumer metaverse market is expected to develop at a robust CAGR of 24.5% from 2022 to 2032. The market is currently valued at US$55.8 billion and is expected to reach a…

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Ethereum TVL Drops By More Than $1 Billion After Merge

The Ethereum total value locked (TVL) has been on a steady decline since the beginning of 2022. After hitting an all-time high of $111 billion back in Q4 2021, the market had turned, tanking the Ethereum TVL along with it.

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