Adoption
Wallets
Cold wallet Ledger raises $108M as self-custody wallets gain popularity
Hardware wallet ledger raised another $385 million in 2021, and its current valuation sits at $1.41 billion.
Analysis
CipherTrace report reveals almost 50% of crypto total market cap was lost in 2022
Despite the loss, the total crypto market cap increased over 20% from the third-quarter in to the fourth-quarter in 2022.
CBDCs
ECB president warns central banks could “losing control” without CBDCs
Lagarde said Central Banks are like "anchors" to other banks, which mandates them to step into the CBDCs if they want to maintain their role.
Adoption
Hong Kong brings bankers, crypto firms together
The regulators are hosting a meeting between crypto firms and the bankers to come up with a banking solution for crypto firms.
Analysis
Crypto investment products record $160M inflows – breaking six-week negative strike
The six-consecutive-week outflows totaled $408 million, as this week's inflows mark the largest positive movement since July 2022.
Crime
Launch Zone, BSCex suffer contract vulnerability — over $7M drained
The vulnerability was detected by crypto sleuth Scam Sniffer, who claims over 34,000 addresses are at risk.
Analysis
Italy led crypto trading in Q4’22 – $112K per user
The U.K. and the U.S. followed as the second and third highest individual crypto trading volumes with $91,716 and $73,279, respectively.
Analysis
Dormant Bitfinex whales cash out 12K BTC
The Bitcoin has been stale in long positions since June 2022 until they were cashed out at around 13:00 UTC on Mar. 25.
Crime
Venezuela arrests 21 people in crypto-related oil corruption scheme
An investigation started in October resulted in the arrest of 10 officials, 11 businessmen, and arrest warrants for 11 other individuals.
Analysis
Crypto scams, exploits down 71% YoY as $370M lost since January
Euler Finance, BonqDAO, and CoinDeal recorded the highest losses with $196 million, $120 million, and $45 million, respectively.
Wallets
8 out of 10 investors store crypto on hot wallets: CoinGecko survey
7 out of 10 investors hold their crypto on centralized exchanges, while only 3 out of 10 prefer cold wallets.
Featured
Do Kwon charged in the US following confirmed arrest in Montenegro
The U.S. prosecutors accused Kwon of defrauding crypto customers and submitted him to eight criminal counts.