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December 31, 2022
2022 was a record-breaking year for blockchain and crypto VCs. Depending on who you ask, that’s either a good thing or a bad thing. 2022 was a watershed year for crypto venture capital, as investors poured tens of billions of dollars into blockchain-focused startups despite the overwhelmingly bearish trend in asset prices. Is the VC-dominated...
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Top Stories This Week Bankman-Fried may enter plea in NY federal court next week before Judge Lewis Kaplan Former FTX CEO Sam Bankman-Fried is scheduled to appear in court on the afternoon of Jan. 3 to enter a plea on two counts of wire fraud and six counts of conspiracy against him in relation to...
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Developers have been focusing more on tokens than on making fun games. As a result, GameFi has been dying. Play-to-earn gaming enabled by blockchain technology has grown exponentially over the few years.  Gamers have embraced the opportunity to collect cryptocurrencies or ​nonfungible tokens (​NFTs​)​ that have been produced in blockchain-based games. Through the advent of...
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In response to FTX’s fall, United States lawmakers are reevaluating the crypto industry’s regulatory needs for 2023. Legislators in the United States seem to be reevaluating the crypto industry and its regulatory needs in light of FTX’s collapse. According to the Wall Street Journal, since the crypto exchange filed for bankruptcy in November, lawmakers have...
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Little fresh BTC price action greets traders in the final hours of 2022, with Bitcoin avoiding any form of last-minute trend change. Bitcoin (BTC) kept traders guessing to the last minute into the 2022 yearly close as volatility remained absent from the market. BTC/USD 1-day candle chart (Bitstamp). Source: TradingView BTC price: Where’s the volatility?...
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2022 was an eventful year for the crypto world but not everyone came on top of it, we look at some of the biggest winners and losers from 2022. 2022 was supposed to be the year crypto went mainstream, with a significant chunk of traditional venture capital firms betting heavily on the ecosystem in 2021....
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Following a court hearing on Dec. 22, SBF was released on bail and is slated to appear on court on Jan.3 before U.S. District Judge Lewis Kaplan in Manhattan. Former FTX CEO Sam Bankman-Fried (SBF), currently free on a $250 million bail bond, will reportedly plead not guilty to the alleged FTX and Alameda-related financial...
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It will be “another tough year” for crypto in the wake of the FTX scandal, suggests the former Meta executive turned Bitcoin Lightning Network advocate. Bitcoin (BTC) and crypto will need until at least 2024 to “recover from the abuse of unscrupulous players,” says one of the industry’s best-known names. In a blog post released...
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PoR is benefitting from intense development efforts, but in the final analysis good conduct requires good regulation and a culture of compliance. Proof of reserves (PoR) has gone from a buzzword to a roar in recent weeks as the crypto world tries to recover from the shock and losses of the current crypto winter. After...
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Boomers do significantly more research before investing in cryptocurrency than their younger counterparts, which puts them in a stronger position. As a millennial, it’s hard to say this, but boomers are doing crypto better. They are taking research methods used in the traditional markets and applying them to crypto projects, according to a new report...
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