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December 2022

Crypto Trading Protocol Drift Relaunches Into Rocky Solana DeFi Landscape

Crypto Trading Protocol Drift Relaunches Into Rocky Solana DeFi Landscape

As Solana’s decentralized finance (DeFi) teeters in the rubble of FTX, a long-absent player from its crypto derivatives trading scene is poised to re-enter it. Drift, a Solana-based perpetual swap trading protocol that processed billions of dollars in volume during the 2021–2022 bull run before crashing during the Terra crash, will launch its second revamped […]

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Blockchain VC funding surpasses 2021 total despite declining since May

Blockchain VC funding surpasses 2021 total despite declining since May

It’s been a tough year for cryptocurrencies, and VC activity attests to that. FTX’s collapse in November was the latest and most shocking in a series of shutdowns of significant market players this year, including Celsius, Voyager, and BlockFi, which shook investor confidence and wiped out $1.5 trillion in market cap from the market. Blockchain

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Bitcoin Ransoms Aren’t Dead: EV Maker NIO Refuses To Pay Up

Bitcoin Ransoms Aren’t Dead: EV Maker NIO Refuses To Pay Up

Hackers after bitcoin are currently using the internet to sell private customer information after their unsuccessful attempt to hold the Chinese electric vehicle manufacturer NIO to ransom. According to Bloomberg, hackers sent an email to NIO earlier this month demanding $2.25 million in bitcoin in exchange for disclosing data they had obtained earlier this year.

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Top Public Companies Are Betting Big on Blockchain Technology

Top Public Companies Are Betting Big on Blockchain Technology

Blockchain technology has become so widespread that businesses can no longer ignore it; some have already begun to take the lead in integrating it into their businesses. Big companies worldwide are making big bets on the market right now, and according to a new report, a good chunk of the top 100 countries in the

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Top Five Hubs for Crypto Startups

Top Five Hubs for Crypto Startups

Global corporate financing is down 27% year-on-year. The overwhelming cryptocurrency winter sees Bitcoin lose two-thirds of its value. In this hostile environment, is there room for cryptocurrency startups? The answer is surprising. In the industry’s darkest days, cryptocurrency startups continue to thrive, resilient to market crashes and raising over $14 billion in the first half

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Police body cam leaks suspect's seed phrase during the vehicle inspection

Police body cam leaks suspect’s seed phrase during the vehicle inspection

While self-custody is considered the best way to secure one’s funds, many need to recognize the risks involved in storing Seed Phrases physically. A search by the Nevada State Police Department released the opening sentence of a suspect captured on a body camera. A viral video on Twitter shows two police officers searching a suspect’s

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Crypto Analyst Who Nailed Bitcoin 2018 Bottom Predicts Incoming Rally for BTC – But There's a Catch

Crypto Analyst Who Nailed Bitcoin 2018 Bottom Predicts Incoming Rally for BTC – But There’s a Catch

A crypto strategist who correctly labeled Bitcoin (BTC) ‘s 2018 bear market bottom says the king of cryptocurrencies is likely to recover. It’s turning on a different leg toward its sub-$16,000 target. The four-hour [chart] shows five [waves] down from this false range high, which I consider a confirmed trend reversal—waiting for a major drop

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Animoca Brands is the most funded metaverse developer in 2022: Nasdaq.

Animoca Brands is the most funded metaverse developer in 2022: Nasdaq.

Many leading industry figures and companies have also dubbed the cryptocurrency bear market a hardware store. New Nasdaq data shows investors had this mindset as they continued to pour money into Web3, particularly Metaverse-related projects. According to last year’s data, 216 Metaverse financing deals were closed, with a total funding volume of nearly $2 billion.

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Solana: Can this metric help SOL in its continued fight against market uncertainty

Solana: Can this metric help SOL in its continued fight against market uncertainty

According to a Messari tweet on Dec. 17, Solana’s [SOL] ecosystem has shown signs of growth despite broader FUD impacting the crypto market. According to a Messari tweet on Dec. 17, Solana’s [SOL] ecosystem has shown signs of growth despite broader FUD impacting the crypto market. One of the reasons for the growing Solana ecosystem

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