BitMEX hit with an additional penalty following its 2022 guilty plea
BitMEX fined $100M for AML violations following a guilty plea in 2022. The US court also ordered a two-year probation for the exchange. The operator of BitMEX cryptocurrency exchange, HDR…
Bitcoin tops $48k for the first time since 2022 as Bitcoin Dogs’ presale commences in three days
Key takeaways Bitcoin has crossed the $48k mark for the first time since 2022. Bitcoin Dogs presale will commence in three days and will be the first BRC-20 ICO on…
Crypto ETP inflows surpass $1B year-to-date as total AuM hits May 2022 high
Digital asset investment products recorded inflows of $293 million last week. Bitcoin saw $240 million, Ethereum $49 million and Solana $12 million. A report by CoinShares shows year-to-date inflows have…
Bitcoin addresses with 10+ BTC have jumped 71% since February 2022
Bitcoin addresses holding 10 or more BTC grew 71% in just over a year. According to on-chain data, 10,279 new BTC wallets joined the cohort holding 10+ bitcoin between February…
Tesla lost $140 million on its Bitcoin in 2022
Tesla recorded gains of $64 million and impairment loss of $204 million. The company has revealed it sold 75% of its Bitcoin holdings, and held BTC worth about $184 million…
SEC’s crypto-related penalties hit $2.6 billion in 2022
The SEC’s first crypto-related enforcement action was in July 2013. The agency has brought 127 such actions since, with 30 of these in 2022 representing a 50% increase from 2021.…
73% less Bitcoin millionaires than a year ago, as crypto losses top $2 trillion in torrid 2022
Key Takeaways Cryptocurrency industry was valued close to $3 trillion entering 2022, now it is $800 billion There are 73% less Bitcoin millionaires after 2022 Bitcoin has pulled back 75%…
Over $8 trillion was transferred via the Bitcoin blockchain in 2022
CoinMetrics data shows the Bitcoin blockchain registered over $8 trillion worth of transfers in 2022. According to the data, the total amount transferred via the blockchain fell off in the…
Top 7 Largest Crypto Gainers of 2022
Table of Contents Nest Protocol (NEST) Trust Wallet (TWT) GMX (GMX) Shardus (ULT) PlatonCoin (PLTC) SSV Network (SSV) Gains Network (GNS) Key Takeaways: ...
Dapps’ daily unique active wallets increased 50% in 2022
The decentralised application (Dapp) industry saw a 50% growth in unique active wallets in 2022. DappRadar’s 2022 report shows that DeFi, gambling and blockchain games dapps were the most popular.…