Cryptocurrency Analysis and News Portal
Cryptocurrency investors funneled as much as $4.6 billion into crypto tokens suspected to be part of “pump and dump” schemes in 2022.A Feb. 16 report from blockchain analytics firm Chainalysis “analyzed all tokens launched” in 2022 on the BNB and Ethereum blockchains and found just over 9,900 bore characteristics of
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Ukrainian authorities are speeding up the development of the electronic hryvnia, a high-ranking government official indicated. The executive power in Kyiv is now in talks with the central bank and businesses involved in the project to pilot the digital currency as early as this year. Minister Says Ukraine Aims to Launch
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Will 2023 finally see an explosion of crypto gaming? The signs are mixed, with former play-to-earn darling Axie Infinity falling out of favor and hemorrhaging players, while mainstream gamers report that Web3 games still have playability issues. The bright
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News television channel Fox said Monday that it barred cryptocurrency commercials in this year’s Super Bowl on February 12th following the collapse of crypto exchange FTX, the New York Post reported earlier. Source
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The estimated value of stolen crypto asset ranges from $630 million to more than $1 billion. Original Source
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A confidential United Nations report has revealed North Korean hackers stole more crypto assets in 2022 than in any other year so far.The UN report, seen by Reuters, was reportedly submitted to a 15-member North Korea sanctions committee last week. It found North Korean-linked hackers were responsible for between $630
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John J. Ray III has been leading FTX's bankruptcy case following the departure of Sam Bankman-Fried. Source
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Apart from the Lunar New Year activities, the Chinese government has been taking steps to improve the use of its CBDC. During the Lunar New Year season, the Chinese government distributed millions of dollars worth of its central bank digital currency (CBDC). The Lunar New Year, also the Chinese New Year
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The Indian government is planning to introduce “measures around crypto” this year, according to the country’s Economic Affairs Secretary Ajay Seth. India’s finance minister says cryptocurrency regulation will be discussed in her upcoming G20 meeting of finance ministers and central bank governors. India Could Introduce Crypto Measures This Year India’s Economic Affairs
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Meta, the company that owns Facebook, Instagram, and Whatsapp, has shared its fourth quarter results, reporting better numbers than expected. While the company beat revenue estimates, CEO Mark Zuckerberg declared 2023 a “Year of Efficiency,” hinting at a further restructuration of the company to focus on its AI (artificial intelligence)
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