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Altcoin
Midas reveals $60M deficit, announces closure of operations
Crypto platform Midas Investment will shut operations because of the significant losses it incurred in 2022, according to a Dec. 27 statement.CEO Iakov “Trevor”…
U.S. officials arrest and charge Mango attacker
U.S. officials have filed criminal charges against Avraham Eisenberg, who exploited the DeFi platform Mango Markets earlier this year.Damian Williams, U.S.…
How Much Did Shiba Inu’s Value Fall in 2022?
The cryptocurrency market in general did not have the brightest glow in 2022. A slew of events, combined with a prolonged bear market, kept cryptocurrency prices…
Research: The Antminer profitability crisis
Bitcoin’s fall from its all-time high to a low of $15,700 has been one of the most dominating narratives this year. Bitcoin lost 75% of its value since Nov. 10,…
Ethereum Attains 5-Year High On This Front: What Next?
The crypto market has noted no improvement on the price front since the beginning of this week. Post the not-so-merry Christmas, asset prices remain stagnated.…
Less than 0.5% Nigerians have used the country’s CBDC e-Naira a year after its…
Nigeria’s Central Bank Digital Currency (CBDC) e-Naira is failing because of low adoption rates while the government is trying to drive adoption higher, Bloomberg…
Litecoin Development Activity dropped severely in Q4 2022
The crypto-verse welcomed a plethora of tokens this year. Just when the community thought that older coins like Litecoin and Tron were being forgotten, they are…
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…
450K BTC moved to cold storage in 2022
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…
Vauld says Nexo acquisition has broken down
Acquisition talks between Vauld and its potential buyer, Nexo, have broken down, according to a report published by Bloomberg on Dec. 26.Vauld was one of several…
