Cryptocurrency Market

Cryptocurrency Market

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  • Market Cap: $2,217,293,444,234.95
  • 24h Vol: $106,874,982,182.97
  • BTC Dominance: 56.03%

Cryptocurrency

axie-infinity’s-monthly-player-count-drops-to-low-not-seen-since-november-2020

Axie Infinity’s Monthly Player Count Drops to Low Not Seen Since November 2020

Leave a Comment / 2020, 8 consecutive months, activeplayer.io, axie, axie infinity, axs, Bitcoin, Blockchain, blockchain games, Call of Duty, Comparison, count, Count Drop, Crypto asset, Crypto Hacked, Cryptocurrency, Decrease, Decrease in players, Ethereum, low, Market Capitalization, Millions, Monthly, monthly drop, Monthly numbers, Native Token, News, nft, NFTs, Non-fungible Token, Non-fungible tokens, November, online video game, Overwatch 2, P2E, P2E games, peak, play to earn, player, players, Ronin Blockchain, Ronin market, sales, Statistics, Top Games, top-played games, Valuations / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

After recording $4.26 billion in total non-fungible token (NFT) sales, the play-to-earn game Axie Infinity’s monthly player count has dropped to levels not seen since November 2020, a period of 26 months. Despite the low player count, the project’s native token, AXS, has climbed 62% higher against the U.S. dollar in the last 30 days. […]

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darknet-market-solaris-hacked-by-competitor,-elliptic-reveals

Darknet Market Solaris Hacked by Competitor, Elliptic Reveals

Leave a Comment / Attack, Bitcoin, competitor, Crypto, Crypto Hacked, Cryptocurrency, cyberattack, cybersecurity, dark web, darknet, Elliptic, Ethereum, Hack, Hydra, Kraken, Marketplace, News, report, Research, rival, Russia, russian, Solaris, Ukraine, ukrainian / / / , , , , , , , , , , , , , , , , , , , , ,

A leading marketplace on the dark web, Solaris, has been hit by a rival, according to crypto analytics company Elliptic. The Russia-linked platform, which tried to occupy space vacated by the busted Hydra, is believed to have conquered up to a fifth of the illicit market before the hack. Solaris Allegedly Taken Over by Darknet

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switzerland-less-affected-by-crypto-industry-crisis,-study-finds

Switzerland Less Affected by Crypto Industry Crisis, Study Finds

Leave a Comment / Bitcoin, Crypto, Crypto Hacked, crypto industry, Crypto Nation, crypto sector, Crypto Valley, Crypto Winter, Cryptocurrencies, Cryptocurrency, CV VC, data, Economics, Ethereum, report, Research, study, swiss, Switzerland / / / , , , , , , , , , , , , , , ,

While the global industry built around digital assets is losing funds and jobs are dropping off, Switzerland seems to be weathering the storm relatively well, one piece of research claims. In fact, more crypto companies settled in the country during the past turbulent year than those that left it, or the business altogether. Crypto Valley

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imf-division-chief-and-deputy-managing-director-call-for-swift-regulatory-action-to-avoid-crypto-contagion-to-legacy-finance

IMF Division Chief and Deputy Managing Director Call for Swift Regulatory Action to Avoid Crypto Contagion to Legacy Finance

Leave a Comment / basel committee, Bitcoin, Bo Li, contagion, Crypto Hacked, Cryptocurrency, Ethereum, IMF, International Monetary Fund, Nobuyasu Sugimoto, Regulation, Stablecoins, systemic risks, volatility / / / , , , , , , , , , ,

An International Monetary Fund (IMF) division chief and deputy managing director are calling for more action to be taken in the regulatory aspect to avoid crypto’s ups and downs affecting banks and traditional financial institutions. Nobuyasu Sugimoto, deputy division chief of the financial supervision and regulation division of the IMF, and Bo Li, deputy managing

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davos-2023:-banking-panel-reinforces-the-need-for-crypto-regulation

Davos 2023: Banking Panel Reinforces the Need for Crypto Regulation

Leave a Comment / Bank of France, banking in the eye of the storm, Basel, basel committee, Bitcoin, CBDC, Crypto Hacked, Cryptocurrency, davos 2023, Ethereum, François Villeroy de Galhau, News, panel, Payments, Singapore, Tharman Shanmugaratnam, WEF / / / , , , , , , , , , , , , ,

A group of global banking experts hosted by the World Economic Forum (WEF) convened about the need for global crypto regulation, including stablecoins and unbacked crypto assets. The panel agreed there must be at least some kind of base regulation for these assets and bank-equivalent regulation for blockchain applications seeking to offer products similar to

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Binance to Increase Presence in Poland in Compliance With Local Regulations

Leave a Comment / activities, approval, Binance, Binance Poland, Bitcoin, Crypto, crypto assets, crypto exchange, Crypto Hacked, Cryptocurrencies, Cryptocurrency, Ethereum, Exchange, Exchanges, expansion, License, operations, Poland, polish, Polish entity, registration, Regulation, Regulations, service providers, VASPs, virtual assets / / / , , , , , , , , , , , , , , , , , , , , , ,

Binance has unveiled intentions to broaden its activities in Poland, another EU member state where the global cryptocurrency exchange is registered. The coin trading platform plans to develop its Polish entity, recruit local talent and launch educational initiatives. Crypto Exchange Binance Moves Forward With Plans to Expand Operations in Poland Binance, the world’s largest digital

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ukraine-to-be-best-crypto-jurisdiction-with-new-tax-rules,-digital-minister-says-in-davos

Ukraine to Be Best Crypto Jurisdiction With New Tax Rules, Digital Minister Says in Davos

Leave a Comment / Bitcoin, conflict, Crypto, crypto assets, Crypto Donations, Crypto Hacked, crypto regulations, Cryptocurrencies, Cryptocurrency, Davos, digital minister, digital transformation, digitalization, economic forum, Ethereum, Fedorov, Forum, invasion, minister, Mykhailo Fedorov, Regulation, Russia, russian, Sanctions, Ukraine, ukrainian, War, WEF / / / , , , , , , , , , , , , , , , , , , , , , , , ,

Ukraine will become the world’s best jurisdiction for crypto assets, the minister overseeing the country’s digital transformation promised. Speaking with media at the World Economic Forum in Davos, Mykhailo Fedorov praised the support from the crypto community for his war-struck nation. Crypto Donations Have Been Critically Helpful to Ukraine Amid Invasion, Fedorov Says During the

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bitzlato-exchange-busted-as-us-deals-‘blow-to-crypto-crime,’-arrests-owner

Bitzlato Exchange Busted as US Deals ‘Blow to Crypto Crime,’ Arrests Owner

Leave a Comment / ACTION, Arrest, Bitcoin, Bitzlato, co-founder, Crypto, crypto crime, crypto exchange, Crypto Hacked, Cryptocurrencies, Cryptocurrency, darknet, darknet market, Ethereum, Exchange, Exchanges, Hydra, justice department, Money Laundering, operation, owner, Russia, russian, U.S., US / / / , , , , , , , , , , , , , , , , , , , , ,

Cryptocurrency exchange Bitzlato, better known to the Russian-speaking segment of the market, has been taken down as part of an “international cryptocurrency enforcement action,” the U.S. Justice Department announced. The Russian owner of the platform has been arrested for his role in the alleged transmission of illicit money. Bitzlato claimed it was hacked. US, France

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iran-and-russia-consider-issuing-gold-backed-stablecoin,-officials-unveil

Iran and Russia Consider Issuing Gold-Backed Stablecoin, Officials Unveil

Leave a Comment / Bitcoin, CBDC, COIN, Crypto, Crypto Hacked, crypto payments, Cryptocurrencies, Cryptocurrency, digital coin, Digital Currency, Digital Token, Ethereum, Finance, foreign trade, gold, gold-backed, international settlements, Iran, Iranian, Russia, russian, Stablecoin, Token, trade / / / , , , , , , , , , , , , , , , , , , , ,

Tehran and Moscow are discussing the possible launch of a stablecoin for international settlements, the Russian press revealed. In order to mint the gold-backed currency, however, authorities would need to first regulate crypto assets, a lawmaker noted. Russian, Iranian Representatives Talk Using Gold-Backed Stablecoin in Foreign Trade Iran’s central bank is considering the possibility of

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tanzanian-central-bank-adopts-‘phased-and-risk-based-approach-to-adoption-of-cbdc’

Tanzanian Central Bank Adopts ‘Phased and Risk-Based Approach to Adoption of CBDC’

Leave a Comment / Africa, Bank of Tanzania, Bitcoin, CBDC, CBDC adoption, CBDC anonymity, central bank digital currency, Crypto Hacked, Cryptocurrency, Ethereum, Tanzanian shillings / / / , , , , , , ,

After months of research, the Tanzanian central bank announced recently that it had chosen a more cautious and risk-based approach towards the adoption of its central bank digital currency (CBDC). During the research phase, the central bank said it paid particular attention “to risks and controls associated with issuance, distribution, counterfeit and usage of currencies.”

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