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$3.9 billion lost in the cryptocurrency market in 2022: Report

The report from Immunefi revealed hacks to have been the main cause of related losses.

December DeFi exploits were the lowest in 2022: Finance Redefined

The DeFi market didn't see much change in its first week of new year compared to the last week of 2022 as the price momentum remained in a similar zone.

Huobi net outflows crossed over 60M within the past 24 hours: Report

According to a report by Nansen, approximately $94.2 million has flowed out of the exchange within the past week.

Marathon Digital experiments with overclocking to increase competitive advantage

According to the company, it produced 475 BTC in December 2022, bringing its total mined Bitcoins in the fiscal year of 2022 to 4,144 BTC.

Crypto companies aim to build trust within future products and services

Companies are taking new approaches to building trust within Web3 and crypto products.

Singapore’s lobbyists oppose proposed blanket ban on lending crypto tokens

The feedback was given in response to a proposed ban by the Monetary Authority of Singapore published back in October.

NFT Steez and Lukso co-founder examine the implications of digital self-sovereignty in Web3

NFT Steez chats with Lukso co-founder Marjorie Hernandez about how Universal Profiles onboards and empowers users with digital self-sovereignty

MetaMask removes Wyre from aggregators amid shutdown reports

Wyre was set to be acquired for $1.5 billion by San Francisco e-commerce startup Bolt last year, but the deal was eventually scrapped.

Mutant Ape Planet creator arrested in NY for alleged $2.9M NFT 'fraud'

The developer of a Mutant Ape Yacht Club knock-off collection has allegedly “defrauded” investors of $2.9 million and admitted to a rug pull.

DeFi security loses rose 47.4% in 2022 to hit $3.64B: Report

Over $1.40 billion worth of stolen DeFi funds were reportedly laundered via Tornado Cash during that period.

Quantum computers may soon breach blockchain cryptography: Report

Cryptography experts are somewhat skeptical of the technique's scalability, but aren't ruling out the possibility of success either.

Three Arrows Capital founders subpoenaed on Twitter

3AC founders Zhu Su and Kyle Davies have been ordered to provide all documents in their possession or control, regardless of whether the information is held by them directly, or is in control of a third-party.

Redeeming physical NFTs: Easier said than done?

A number of challenges must be overcome in order for “phygital” NFT projects to gain traction.

StarkNet overhauls Cairo programming language to drive developer adoption

Ethereum layer-2 scaling platform StarkNet has revamped its Cairo programming language to enable easier onboarding of new developers.

MyEtherWallet CEO talks about the future of crypto self-custody

Tune in to the third episode of Hashing It Out as Cointelegraph's Elisha Owusu Akyaw discusses the future of noncustodial cryptocurrency wallets with Kosala Hemachandra, CEO of MyEtherWallet.

Silvergate sold assets at loss and cut staff to cover $8.1B in withdrawals: Report

Silvergate has reportedly laid off 200 members of its staff, which is around 40% of its total number of employees.

Logan Paul threatens to sue Coffeezilla over CryptoZoo ‘scam’ allegations

YouTube boxer Logan Paul, who was spearheading the CryptoZoo NFT project, has accused Coffeezilla of publishing “defamation” about him and the project.

Celebs who got burned endorsing crypto and those that got away with it

Screen actors and sports stars copped most of the backlash for 2022’s crypto endorsements, while soccer legends appear to have gotten away with it.

LG Electronics' latest partnership seeks to bring interoperable metaverse platforms to TVs

The partnership hopes to bring the Metaverse directly into the living rooms of viewers.

Cake DeFi publishes Merkle tree-based Proof of Reserves

According to Cake DeFi, users can now verify both assets and liabilities through their website.

MEXC launches $20M ecosystem fund to support Sei Network

Sei Network previously raised $5 million in funding in August 2022.

DeFi auditor nets $40,000 for identifying Uniswap vulnerability

A security firm flagged a now-fixed vulnerability to Uniswap, highlighting the potential for reentrancy attacks on the protocol’s Universal Router smart contract.

Nifty News: Solana NFT trading volume, Nike RTFKT COO hacked, and more

Twitch streamer and NFT project founder DNP3 admitted in a Twitter post that he gambled and lost investor funds.

US Feds put together ‘FTX task force’ to trace stolen user funds

United States Attorney Damian Williams said the office is working “around the clock” to respond to the implosion of FTX.

Ripple CEO optimistic about US 'regulatory clarity for crypto'

Support for cryptocurrency regulation in the United States is “bipartisan & bicameral” according to Ripple CEO Brad Garlinghouse.

Crypto adoption in 2022: What events moved the industry forward?

While the crypto market in 2022 was hit by a slew of insolvencies and daily volatility, adoption seems to have continued apace on the global level.

Cryptosat launches second 'cryptographically-equipped' satellite using SpaceX rocket

The addition to the satellite constellation was part of efforts to make space a “new battleground in the quest for bulletproof cryptography” by expanding computational power.

Blockchain fintech GammaRey signs $320M merger agreement

GammaRey said it has nearly $800 million in consumer assets.

Bitcoin miners see mixed successes in tackling debt-fueled overexpansion crisis

Industry players accumulated over $4 billion of debt in the last crypto run-up.

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