Moving into 2023, it’s time to pause and assess the milestones and tragedies the global #crypto market witnessed in 2022.
In Jan 2022, the market had already begun to crash with investments made at 2021's all-time high prices immediately losing value.
Amid falling prices, 2022 also inherited the 2021 hype around #NFTs, the #metaverse, and all-time highs for #Bitcoin and other cryptos.
The year 2022 saw the long-awaited #Ethereum merge moving from POW to POS.
Some of the major hacks of 2022 include #Wormhole, #Ronin Network, #Harmony, etc.
Leading companies including Starbucks, Nike, Instagram, Reddit, Inc., and The Walt Disney Company have entered #NFTs.
Let’s have a Quick #Crypto Recap of 2022; The Crucial Feats and Clashes of the year.
Read More: https://www.linkedin.com/feed/update/urn:li:activity:7018905624168058880
In Jan 2022, the market had already begun to crash with investments made at 2021's all-time high prices immediately losing value.
Amid falling prices, 2022 also inherited the 2021 hype around #NFTs, the #metaverse, and all-time highs for #Bitcoin and other cryptos.
The year 2022 saw the long-awaited #Ethereum merge moving from POW to POS.
Some of the major hacks of 2022 include #Wormhole, #Ronin Network, #Harmony, etc.
Leading companies including Starbucks, Nike, Instagram, Reddit, Inc., and The Walt Disney Company have entered #NFTs.
Let’s have a Quick #Crypto Recap of 2022; The Crucial Feats and Clashes of the year.
Read More: https://www.linkedin.com/feed/update/urn:li:activity:7018905624168058880
Top #CryptoNews In Last 12 Hours
1️⃣ #Bitcoin spot ETFs saw $146M inflow for 9 days. #Grayscale had $80.78M outflow, while other #ETFs gained $226M. Fidelity gained $130M.
2️⃣Hong Kong proposes legislative consultation on #cryptocurrency and fiat currency swaps, License required from the Commissioner of Customs, anti-money laundering supervision, transitional arrangements.
3️⃣ #Binance Launchpool introduces Pixels (PIXEL) game on #Ronin Network. Users can farm PIXEL tokens by staking BNB and FDUSD.
4️⃣ Hong Kong SFC updates crypto exchange license: adds bitV, YAX, Bullish. 16 total applicants; Ammbr, BitHarbour, Meex applications returned.
5️⃣ #OKX launches exchange and Web3 wallet in Argentina, supporting Spanish and local payment methods. President Hong Fang emphasizes regional growth strategy.
6️⃣ Justin Sun transferred $258M worth of stETH to EigenLayer 11 hours ago. His address still holds $301M worth of WSTETH.
7️⃣ SEC's Hester Peirce advocates for a #crypto innovation-friendly safe harbor, proposing a three-year grace period for development teams to participate and create a #decentralized network.
#Crypto #Blockchain
1️⃣ #Bitcoin spot ETFs saw $146M inflow for 9 days. #Grayscale had $80.78M outflow, while other #ETFs gained $226M. Fidelity gained $130M.
2️⃣Hong Kong proposes legislative consultation on #cryptocurrency and fiat currency swaps, License required from the Commissioner of Customs, anti-money laundering supervision, transitional arrangements.
3️⃣ #Binance Launchpool introduces Pixels (PIXEL) game on #Ronin Network. Users can farm PIXEL tokens by staking BNB and FDUSD.
4️⃣ Hong Kong SFC updates crypto exchange license: adds bitV, YAX, Bullish. 16 total applicants; Ammbr, BitHarbour, Meex applications returned.
5️⃣ #OKX launches exchange and Web3 wallet in Argentina, supporting Spanish and local payment methods. President Hong Fang emphasizes regional growth strategy.
6️⃣ Justin Sun transferred $258M worth of stETH to EigenLayer 11 hours ago. His address still holds $301M worth of WSTETH.
7️⃣ SEC's Hester Peirce advocates for a #crypto innovation-friendly safe harbor, proposing a three-year grace period for development teams to participate and create a #decentralized network.
#Crypto #Blockchain