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$7.8B lost in crypto ponzi and pyramid schemes in 2022: Report
28.6.2023
Illicit activities related to crypto increased across the sector in 2022 despite an overall market downturn
Crypto Ponzi Schemes Cost Victims $7.8B in 2022: TRM Labs
28.6.2023
Ponzi schemes dominated the crypto crime landscape in 2022, with $7.8 billion funneled from victims, blockchain analytics firm said in a new report
Robinhood Sheds Jobs for Third Time Since April 2022: WSJ
27.6.2023
Trading platform Robinhood (HOOD) has cut 7% of its full-time staff, about 150 employees, in the third round of layoffs since April 2022
Six Samurai: Anonymous Developers Seek to Revive Terra Classic Ecosystem
27.6.2023
While the co-founder of Terraform Labs has been sentenced to four months in jail in Montenegro, a team of six anonymous developers have been attempting to revive the Terra Classic ecosystem after its collapse in May 2022. The six programmers, known as the “Six Samurai,” wholeheartedly...
Report: Cuban Peso Parallel Market Rate Plunges to Low Last Seen in Oct. 2022
26.6.2023
The parallel market exchange rate of the Cuban peso versus the greenback recently dropped to CUP200 per dollar, a level last seen in Oct. 2022, a report has said. Pavel Vidal, a former economist at the Cuban central bank, said the peso’s depreciation has caused the “impoverishment...
Crypto investment products see largest weekly inflow since July 2022
26.6.2023
CoinShares’ latest weekly inflow report shows a substantial increase in investor appetite for digital asset investment products with Bitcoin leading the rally
What is De-Dollarization? Exploring the Shift Away From the US Dollar’s Global Dominance
25.6.2023
From the latter half of 2022 and continuing into 2023, the concept of de-dollarization has gained significant traction, making its mark on the mainstream media. This surge in attention can be attributed to the concerted efforts of BRICS countries such as Brazil, China, and Russia, who...
Romanian Prosecutors Pursue Confiscation of $563K Bitcoin Stash Owned by Andrew Tate
20.6.2023
Romanian prosecutors have officially submitted documents to the court, seeking the seizure of 21 bitcoin valued at $563,000 from Andrew Tate, a controversial social media influencer. The British-American ex-kickboxer, who gained a significant online presence, was charged with grave offenses...
Gaming Just Isn't About You: Consoles Are Thrashed By Casual Games
19.6.2023
Gaming still isn’t all about you. New data released by PwC shows that “traditional” games make up only 26.7 percent of the revenue earned by the U.S. games industry, the vast majority of 2022's $54.1 billion coming from social or casual games. Esports, meanwhile, contributed just 0.8%. Added...
Binance under investigation in France since February 2022: Report
16.6.2023
The French arm of Binance is reportedly under investigation by the French authorities on charges of "aggravated money laundering.'
Stablecoin Market Records $2.4B in Redemptions in 30 Days as Leading Tokens Experience Supply Decline
15.6.2023
According to statistics, over the span of 30 days, from May 15 to June 15, 2022, more than 2.4 billion stablecoins were redeemed. During this period, three of the leading stablecoins experienced a decline in their supplies ranging from 4% to 19% compared to the previous month. Stablecoin Economy...
Robinhood Reports 68 Percent Decline in Crypto Trading Compared to 2022
12.6.2023
Robinhood Markets Inc. reported on Monday that crypto trading plummeted 68 percent compared to the previous year.
Crypto trading was close to $2.1 billion in May 2023 compared to $6.6 billion just a year before, the mobile focused brokerage firm said in its report on monthly operating data. ...
Documents Reveal Binance.US Suffered a $181 Million Loss in 2022
8.6.2023
Binance’s US branch, Binance.US, was deeply unprofitable in 2022 and lost as much as $181 million for the year, a new filing made by the Securities and Exchange Commission (SEC) has revealed.
The loss came despite Binance.US receiving some $132 million last year from its parent company...
Deep dive: how Darkest Dungeon II hit 600k+ units with a 'different' sequel
7.6.2023
Also: GOG's top-selling titles of 2022 & lots of discovery news
Evidence in SEC suit includes 2022 testimony of Binance.US’ long silent ex-CEO
7.6.2023
Catherine Coley left social media and the CEO job, but the SEC brought her in to testify the following year
Japan Blockchain Week 2023 Supported by Ministry of Economy, Trade and Industry
6.6.2023
PRESS RELEASE. The Japanese Ministry of Economy, Trade and Industry (METI) has confirmed its support for Japan Blockchain Week 2023, establishing it as a significant platform for both the global and Japanese blockchain communities to convene, building upon the success of the previous year’s...
Bitcoin Interest Hits Rock Bottom: Google Trends Data Shows Lowest Score in 7 Months
5.6.2023
According to Google Trends, worldwide interest surrounding the term “bitcoin” has plummeted to its lowest point since October 2022, registering a mere 17 out of 100. The active interest for the term has taken a nosedive since June 2022, when the search query for bitcoin reached...
Bridge Exploits Cost $2B in 2022, Here’s How They Could Have Been Averted
2.6.2023
The bridges that are essential to our multi-chain cryptoverse are vulnerable to hacks. But an analysis of some of the biggest exploits of the past year reveals that applying multiple security measures in combination could have blocked the attacks, writes Gnosis co-founder Martin Koppelmann
Russian Miners Mint Crypto Worth $700 Million a Year, Mining Bill Postponed
2.6.2023
Cryptocurrency miners in Russia have extracted digital currencies for around $700 million last year, according to a state-run fintech entity. However, the growing industry remains unregulated with the government having postponed the adoption of the respective legislation once again. Russian Crypto...
CoinDesk Turns 10: 2022 - How Crypto Gods Turn Into Monsters
1.6.2023