After exploding to prominence and mainstream notoriety in 2021, the NFT market had a very different year in 2022. Momentum surged in the early months of the year before crashing down to earth alongside crypto prices, marking an end to much of the speculative frenzy. But another year of NFT growth brought some fresh wrinkles to the space. We saw…
Cardano climbed for a second consecutive session on Dec. 23, as the token surged to its highest point since Monday. Overall, crypto prices were marginally higher as of writing, with the global market cap currently up 0.49%. Xrp, formerly known as ripple, also rose, with prices nearing a key resistance level. Cardano (ADA) Cardano (ADA) was in the green on…
Hackers sponsored by North Korea have stolen an estimated 1.5 trillion won ($1.2 billion) in cryptocurrencies from around the world since 2017, according to an AP News report citing South Korea’s main spy agency, the National Intelligence Service (NIS). The NIS believes that North Korea is among the best in the world when it comes to stealing crypto as the country…
Crypto exchange OKX has released its second proof-of-reserves on its website, only a month after releasing its first one. Haider Rafique, the chief marketing officer of OKX, shared on Twitter that the crypto exchange is committed to sharing its reserve status every month. NEW #OKX #proofofreserves published TODAY. This is our 2nd PoR published and we commit to publishing monthly…
Bitcoin (BTC) saw a flicker of volatility around the Dec. 23 Wall Street open as the latest United States inflation data came in line with expectations. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bitcoin sees “crumb” of volatility on PCE Data from Cointelegraph Markets Pro and TradingView showed BTC/USD briefly decoupling from solid sideways action to dip to $16,750 on…
As the new year approaches, more than a dozen bitcoin mining pools still dedicate a total of 238 exahash per second (EH/s) toward the Bitcoin blockchain in order to secure the network and reap mining rewards. Statistics indicate that the mining pool Foundry USA discovered the most block rewards this year, as the operation found 11,779 bitcoin blocks out of…
Dan Berkovitz, general counsel for the United States Securities and Exchange Commission, said he will be leaving the agency after more than a year. In a Dec. 22 announcement, the SEC said Berkovitz will depart on Jan. 31. A former commissioner with the Commodity Futures Trading Commission, Berkovitz joined the agency in November 2021. At the time, he said he…
We’re thrilled to announce that we have added ten new NFT collections to Kraken NFT for our current beta testers to explore, collect and trade. After revealing the first 70 collections earlier this year, and dozens more over the past few weeks, we carefully selected these new collections so you can continue to build the NFT collection of your dreams…
Crypto exchange OKX has published its second Proof-of-Reserves report in two months. The report claims that OKX, which is currently the third-largest crypto exchange by volume, has a Bitcoin and Tether reserve ratio of 101% and an Ethereum reserve ratio of 103% as of December 20. The Seychelles-based crypto exchange said as part of a “commitment to transparency,” it will…
Cryptocurrencies have suffered immensely in 2022 from the onslaught of a hawkish Federal Reserve and the implosions of crypto platforms FTX, Terra, Celsius Network, and others. What were the most-searched cryptocurrencies in 2022? Notably, the market valuation of all the cryptocurrencies combined has dropped 70% year-to-date (YTD) to nearly $770 billion, signifying massive capitulations by traders and investors alike. The waning…
