Blockchain Financial News

08.01 / 00:21

Blockchain defi Gaming gone With 2022 gone for good, what will 2023 bring to the crypto market?

If 2022 was any kind of template for gauging what the crypto market might offer for investors going forward, it proved to be terribly difficult to predict. The space saw a brutal shock to the global crypto market capitalization, which fell just over 60% from $2.2 trillion to about $797 billion year to date. It also saw the two largest cryptocurrencies by market cap, BTC and ETH, fall by 64% and 67%, respectively, during the same time frame, with the concurrent slide in the alt market too.

07.01 / 18:07

business Blockchain Adoption Using blockchain technology to combat retail theft

The retail industry is one of the most important sectors of the United States economy. Unfortunately, the COVID-19 pandemic has left the trillion-dollar retail sector vulnerable to in-store theft.

07.01 / 15:11

Blockchain Provident Lowe's Platform Chainlink (LINK) and Orbeon Protocol (ORBN) Still Showing Bullish Movement

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07.01 / 03:01

business Blockchain MasterCard Mastercard partners with Polygon to launch Web3 musician accelerator program

Global payments giant Mastercard is ramping up its exposure blockchain tech yet again, after announcing a Polygon-based accelerator program to help musicians build their careers via Web3.

07.01 / 01:41

Blockchain defi Scams Lost $3.9 billion lost in the cryptocurrency market in 2022: Report

Immunefi, a bug bounty and security services platform for the Web3 ecosystem, published a report on Jan. 6 revealing that the crypto industry lost a total of 3.9 billion dollars in 2022.

07.01 / 00:39

Blockchain security Scams phishing Time Can real-time transaction simulations prevent scammers from stealing crypto assets?

This year was a turbulent one for the whole crypto space. From NFTs to DeFi and exchanges, all areas of the industry felt the cold blows of crypto winter. Unfortunately, such an unfavorable climate is the perfect breeding ground for scammers to exploit distressed investors’ crypto wallets.

06.01 / 23:31

markets business Blockchain Investments Huobi net outflows crossed over 60M within the past 24 hours: Report

Cryptocurrency exchange Huobi has seen over $94.2 million dollars in net outflows within the past week. Within the past 24 hours alone, approximately $60 million has flowed out of the exchange, according to crypto analytics company Nansen.

06.01 / 23:31

Blockchain defi Hackers December DeFi exploits were the lowest in 2022: Finance Redefined

Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you significant developments over the last week.

06.01 / 20:05

business Blockchain Technology banking Marathon Marathon Digital experiments with overclocking to increase competitive advantage

One of the largest Bitcoin mining operations in North America, Marathon Digital Holdings, has shared in an update that it has been experimenting with overclocking to increase its competitive advantage in the Bitcoin mining industry.

06.01 / 19:31

Blockchain UPS Digital Manufacturing Experts Recommend Cardano (ADA), VeChain (VET), and Orbeon Protocol (ORBN)

Disclaimer: The text below is an advertorial article that is not part of Cryptonews.com editorial content.

06.01 / 19:13

business Blockchain Adoption Future AIM services Crypto Companies Crypto companies aim to build trust within future products and services

The cryptocurrency ecosystem underwent a turbulent year in 2022. Criticism inside and outside of the crypto industry was fueled following the collapse of FTX, Celsius, Three Arrows Capital and the Terra ecosystem.

06.01 / 16:59

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

A crypto lobbying group based in Singapore has voiced its opposition to the proposal from the central bank to prohibit crypto firms from lending crypto tokens.

06.01 / 16:27

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

Sovereign identity has been a hot topic in blockchain and cryptocurrency, especially with the rise of the creator economy. Currently, there are two types of digital identities. One is federated and centralized whereby data is in the control of the service provider. Self-sovereign digital identity is often cited as a human right that can reclaim agency using blockchain technology, but what frameworks exist that aid in governing it?

06.01 / 15:17

Blockchain Developers Artists Ecosystem What needs to happen to have an effective blockchain creator economy?

The blockchain space has long been an attractive medium for creators of all kinds. From digital artists to software developers, blockchain tech has something to offer. However, one big challenge still remains in the space - most blockchains follow the ‘to each their own' concept. Interoperability in web3 is still scarce, which limits creators and makes the entry point for many a bit steeper.

06.01 / 13:55

Blockchain Provident Parke Discover This New Metaverse Crypto Could 25x in 2023 – Here’s Why

RobotEra is a brand-new cryptocurrency and metaverse project that is building an interactive metaverse universe. In the RobotEra metaverse, users will be able to make, play, and enjoy games and other content without knowing how to code. They will also be able to buy virtual property.

06.01 / 12:31

business Blockchain wallet MetaMask reports MetaMask removes Wyre from aggregators amid shutdown reports

Crypto wallet MetaMask is ending support for services of Wyre crypto payment platform amid reports of Wyre planning to shut down operations soon.

06.01 / 04:47

Blockchain Ethereum Fraud IRS Mutant Ape Planet creator arrested in NY for alleged $2.9M NFT 'fraud'

The developer of a Mutant Ape Yacht Club knock-off collection — Mutant Ape Planet — has been arrested in New York, charged with allegedly “defrauding” investors of $2.9 million in a "rug pull scheme."

06.01 / 00:31

business Blockchain Technology Defi Security DeFi security losses rose 47.4% in 2022 to hit $3.64B: Report

According to a Jan. 5 report published by Chinese blockchain security firm LianAn Technology, decentralized finance (DeFi) exploits across blockchains worldwide totaled $3.64 billion in 2022. This represented a rise of 47.4% compared with the loss of $2.44 billion in 2021. The incidents increased in quantity despite a steep 80% loss in the total value locked in DeFi during the year.

05.01 / 22:51

Blockchain Technology defi Quantum computers may soon breach blockchain cryptography: Report

According to a recent paper, Chinese researchers claimed to have discovered a novel method to break the Rivest–Shamir–Adleman 2048 bit (RSA-2048) signing algorithm present in blockchains and other security protocols. RSA is a cryptographic technique that utilizes a public key to encrypt information and a private key to decrypt them.

05.01 / 20:13

business Blockchain Adoption Fashion Redeeming physical NFTs: Easier said than done?

Despite the crypto winter, nonfungible tokens (NFTs) continue to draw interest. This has become apparent as many brands and retailers have started to offer digital NFTs attached to physical products. Known as “phygitals,” these offerings allow real-world products to be tied to digital NFTs.

05.01 / 20:13

business Blockchain Twitter Three Arrows Capital founders subpoenaed on Twitter

Three Arrows Capital (3AC) founders Zhu Su and Kyle Davies were subpoenaed on Twitter on Jan. 5, after the liquidators granted permission from Singapore authorities following a United States bankruptcy court order, according to information given to Cointelegraph by advisory firm Teneo.

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