Adoption
Analysis
Bitcoin closes year with 26th largest market cap globally
Ethereum ranked 77th, while Tesla loses its place in the top-10.
Crime
Two suspects arrested in Hong Kong for AAX fraud
The AAX exchange declared bankruptcy on November, and returned only half of its users' funds.
Legal
Craig Wright vs Hodlonaut trial goes scheduled for round 2
The Norwegian court accepted Wright’s appeal asking for a re-run.
Analysis
Long BTC liquidations dominated majority of 2022
270,000 long Bitcoin positions were recorded since January 25, as opposed to 159,000 short ones.
Hacks
North Korean hackers reportedly stole $1.2B in crypto since 2017
North Korea is allegedly investing these funds into its nuclear missile program.
Analysis
CleanSpark mined 3,750 BTC in FY’22, BTC reserves down 40% since January
The company also announced tripling its hash rate and recording a 235% increase in revenue.
Scams
Report reveals 12% of BNB Chain and 8% of ETH tokens are scams
A report by Solidus Labs also detected 117,629 scam tokens released in the first 11 months of the year, and impacted nearly 2 million investors.
Gaming
Diablo developers to launch Angelic on Immutable X
Angelic is launched by Metaverse Game Studios, established by developers of Far Cry, League of Legends, Diablo, and Immortal.
Investments
HRF Bitcoin Development Fund grants $325K to Bitcoin developers
The fund spared $325,000 to support 12 developers in total — Gleb Naumenko and Furzy earned highest amount at $50,000 each.
Legal
McCormack trial Judge – Craig Wright was ‘dishonest,’ alludes to victory for McCormack
The judge's final decision will be published on Dec. 21, but current information hints at victory for McCormack.
Exchanges
Bitfinex closes week leading Bitcoin reserves according to Glassnode
According to numbers from Dec. 16, Bitfinex holds $3.5 billion in BTC while OKX follows with the second largest BTC reserve with $1.5 billion.
Exchanges
BUSD balance on exchanges down $6B over 30 days
Current BUSD balance held by exchanges retreated back to $15 billion.