Flare Founder Speaks Out About “Betrayal”

Hugo Philion, CEO of Flare Networks, has shared his take on the FIP 01 proposal put forward by Flare

Ukrainian Authorities Block Russian Crypto Exchanges as per Reports

They worked together to single out cryptocurrency exchanges in Russia. The SFMS has developed a method for the “blocking of Russian Federation’s crypto wallets.” Ukraine’s financial intelligence agency, the State Financial Monitoring Service (SFMS), has released a special report detailing the outcomes of its work in 2022. The agency said that it has helped with […]

Ethereum and Cardano Record Highest Level of Developer Activity in 2022: DappRadar

Ethereum and Cardano have always been at loggerheads. The two blockchain network’s development activity has been pitted against each other even before the former’s transition to Proof-of-Stake (PoS). Needless to say, Ethereum and Cardano went on to become the blockchains with the most active developers in 2022, with 223 and 151 average daily devs throughout […]

Terra lending protocol Mars to launch mainnet

The Mars Hub will launch an independent Cosmos application chain and issue MARS to users who hold the token during the two snapshots on Terra Classic.

Ripple [XRP] gains strength as countdown to SEC verdict begins

XRP reacted to the news of a possible lawsuit resolution date. The altcoin’s network growth and velocity plummeted. Ripple’s [XRP] market capitalization shot past $20 billion for the first time since the FTX  contagion hit the market more than two months ago, data from CoinMarketCap showed. At press time, XRP exchanged hands at $0.4052 after […]

Crypto.news weekly recap: global regulators stepping up their efforts, Genesis Global is bankrupt

The previous week introduced a notable increase in crypto-focused global regulatory efforts as well as a corresponding uptick in interest from federal governments worldwide.

Millennials Are Throwing More Money Into Crypto

Despite all that’s happened over the past 12 months, millennials see value in crypto. In fact, they’re betting big on digital assets and relying on them to comprise their retirement portfolios. Millennials Are Still Big Crypto Fans This is good in that millennials clearly understand the value of the crypto space. They see the arena […]

Metrics indicate bullish sentiment as illiquid Bitcoin supply reaches 80%

CryptoSlate analysis of Bitcoin (BTC) metrics reveals that the market bottom may have been reached as investors continue accumulating BTC and pushing illiquid supply up to 80%. Analysts reviewed metrics, including the MVRV-Z and Realized Price metrics, to discover both indicate bullish sentiments. MVRV-Z metric The MVRV-Z score is used to assess whether BTC is […]

Ransomware Payments Down by 40% in 2022 as per Chainalysis Report

Ransomware attackers stole at least $456.8M in 2022, down from $765.6M in 2021. Hackers usually demand money in exchange for returning control of a computer. As reported by blockchain forensics company Chainalysis, ransomware payments have decreased by 40.58 percent. Chainalysis claims in a research published on Thursday that ransomware attackers stole at least $456.8 million […]

Bitcoin Up 30% Since Jim Cramer’s Tweet

Jim Cramer, the head of the CNBC Investing Club and the host of Mad Money, was in the spotlight this past week. The reason behind all this attention is something he tweeted in early January. On Jan. 09, Cramer urged his Twitter followers to “get out of crypto,” implying that now is a “good chance” […]