Blockchain & crypto news from India
The collapse of FTX has spoiled the crypto party has never before. Little scams and hackings were common, but a mainstream player admitting to wrongdoing and playing around with investor funds has shaken the faith and trust of the global community. Here is a look at the funding scenario in the year gone by and…
Crypto exchange Huobi has release its 2022-23 market report, “Global Crypto Industry Overview and Trends”. Two major highlights of the report are Asia dominating in terms of crypto user base, and the popularity of NFT on search engines. Major highlights & stats of crypto industry in 2022 The total number of “crypto users” globally are…
After declaring bankruptcy just hours earlier, hundreds of millions of dollars were siphoned off the cryptocurrency exchange, worsening the fall of FTX, already one of the most spectacular financial disasters in history. Late on Friday, more than $600 million was stolen from FTX’s cryptocurrency wallets. Soon after, FTX announced that it had been compromised in…
Has the bear market dented the confidence of investors around the world in cryptocurrencies? Which countries are leading the pack in terms of cryptocurrencies deposited in exchanges and other investing platforms such as De-Fi? Chainalysis will be publishing a full report this October, and in a blog post has given a peek into the major…
The Covid pandemic created an unexpected meteoric rise of the stock markets followed by the crypto boom. Everyone today wonders what’s in store for the near future. Putting aside speculation and hype as well as FOMO, it’s time to take stock of how big the blockchain market currently is, and what do experts predict in…