Trading
Regulation
US levies fresh sanctions against Russian entities, including Bitcoin miner BitRiver
The new sanctions could impede BitRiver‘s ability to function fully as it has a data center in Siberia.
Crypto
Report: Swiss Bitcoin investors saw the most profits in 2021
European Bitcoin traders dominate the list of the savviest traders as they recorded the most gains.
Adoption
US investors, Ethereum dominate crypto market gains in 2021
Crypto traders in the U.S. made around $47 billion gains from their trades in 2021, compared to $162.7 billion worldwide.
Adoption
Australia’s first spot Bitcoin ETF could see $1 billion in inflows
Cosmos Bitcoin ETF beat competition from other rivals like BetaShares, EFT Securities, and VanEck.
Crime
Report: Ransomware groups show preference for Monero, charge more for Bitcoin ransom
Ransomware groups charge their victims premiums of about 10% to 20% when ransom payments are made in Bitcoin.
Regulation
IMF releases financial stability report, identifies risks of crypto and calls for uniform regulations
IMF noted that countries with excess energy sources can monetize it through mining of the flagship digital asset, Bitcoin.
Crime
US Secret Service has seized over $100 million worth of crypto since 2015
An assistant director of the US agency revealed that the federal agency tracks Bitcoin transactions on blockchain.
Stablecoins
Gold-backed digital assets outperform Bitcoin, Ethereum
PAXG has risen by 7.4% in 2022, while its closest competitor, XAUT, has increased by 8.5% within the same period.
Crime
Zachxbt’s investigation of Project Shura’s $1.7M rug pull leads to public wallet
Project Shura developers reportedly made over $1 million from their collections and then disappeared, leaving investors high and dry.
Exchanges
Blockchain.com aiming for IPO in 2022
Blockchain.com is looking to conduct an initial public offering and could become the latest crypto firm to go public.
Merge
Report: Ethereum foundation $1.6 billion fund is 80% ETH
Ethereum’s foundation ETH holdings presently account for almost 0.3% of the total Ether supply.
Stablecoins
Terra’s UST is now the third most valuable stablecoin
Terra’s UST trading volume pales significantly against its other rivals in the space.
