Has the market lost its faith in stablecoins? Assessing...

The stablecoin sector experienced a decline in market capitalization over the past 15 months. Despite this, there are signs of increased whale interest and potential for stablecoin recovery.

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SEC Files Complaint Against BKCoin And Co-Founder For Alleged $100 Million Scam

Many crypto investors have lost their funds in scams such as BKCoin. For instance, Bitcoinist reported that the DeFi sector recorded a whopping $678 million to hackers in the second quarter of 2022, confirming the risks inherent in the industry.

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Bitcoin loses 21k support, as contagion from Silvergate enters banks, financials sector

Quick Take Bitcoin lost $21,000 as support and is over 5% down today This comes after news of Silvergate halting operations. The post Bitcoin loses 21k support, as contagion from Silvergate enters banks, financials sector appeared first on CryptoSlate.

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Crypto Scammer Monkey Drainer Announces Shut Down Of Criminal Operations

Hacking is no longer new in the crypto space. The industry has seen many incidents since its inception and even recorded more during the 2022 crypto winter, especially in the DeFi Sector. Yahoo Finance said the crypto sector lost almost $50 billion last year.

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The year kicks off with massive layoffs and cuts in the industry

Volatility is constant in all aspects of the cryptocurrency sector. Aside from the roller-coasting prices, the availability of crypto and blockchain jobs is also inconstant and not in a good way.  Over 26,000 people lost jobs in the crypto landscape…

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Bitcoin, Ether, And Dogecoin Deep In A Volatility Slumber — Explosive Moves in The Offing?

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GameFi — the Tech Sector That’s Bear Market Proof

For the past months, Bitcoin has lost 70% of its value from its all-time high at $69K last November causing fear in the crypto market in what is more commonly known as “Crypto Winter”. Investments in blockchain projects have staggered, but even as the market is down, there is one sector that is sustaining growth: … Continued The post GameFi — the Tech Sector That’s Bear Market Proof appeared first on BeInCrypto.

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Bear Market Things: GPUs Become Cheaper As Crypto Market Crashes

The crypto market has lost almost 50% of its total market capitalization in 2022. The sector experienced a two-year bull run which has come to a halt leading to unexpected implications across other industries.

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Terra (LUNA) Staff Under Scrutiny, South Korea Launches Full Scale Investigation

Per a report from a local news media, South Korean authorities have launched a full investigation against the developers of Terra (LUNA). Once one of the most popular cryptocurrencies in this sector, LUNA and its native stablecoin UST lost over 90% of their value and left investors with massive losses.

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'Ripple is operating as if it has already lost'- What could this mean for XRP

Setting up a business is hard. Setting up a business in an extremely regulated sector is harder. Fighting to protect a business that a regulator deems to be run in contravention of regulatory provisioThe post 'Ripple is operating as if it has already lost'- What could this mean for XRP appeared first on AMBCrypto.

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With crypto winter back, the White House is making big plans for the sector

From a $69,000 ATH  just last year, Bitcoin has now lost 50% of its value in the current market fall. We can see that the markets are volatile and the adoption in the sector is undeniably at its peakThe post With crypto winter back, the White House is making big plans for the sector appeared first on AMBCrypto.

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Ongoing macro-inflation trends are likely to affect Bitcoin this way

Bitcoin's current price struggles are no secret to the cryptocurrency sector as the top asset continues to bleed red almost three weeks into the new year. It has lost 11% of its valuation over the pasThe post Ongoing macro-inflation trends are likely to affect Bitcoin this way appeared first on AMBCrypto.

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‘Centralization issues’ are the biggest culprits of DeFi attacks: CertiK

DeFi is one of crypto's biggest growth stories, but it's also riddled with the most controversy. The sector lost $1.3 billion due to exploits in 2021.

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Venture Investors Back More Crypto Startups In The U.S. Than Asia For First Time In 4 Years

Key takeaways CB Insights analysts found that China has lost its place in venture capital investment in crypto. VC investment in the crypto and blockchain sector has been record breaking in 2021. VCs have bet $21.

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This Bitcoiner Just Lost 900 BTC In A DeFi Attack

A single user of DeFi protocol, Badger DAO, lost $50 million worth of Bitcoin to a hack. Speculation is that the protocols front end UI was breached to facilitate the hack.   DeFi protocols continue to face security challenges even as the sector is growing.

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DeFi protocol bZx falls victim to phishing attack, around $55 million lost

The decentralized finance sector is growing at a breakneck pace. Total value locked in DeFi, at press time stood at more than $250 billion. However, here's the negative side to this ever-increasing ecThe post DeFi protocol bZx falls victim to phishing attack, around $55 million lost appeared first on AMBCrypto.

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OpenSea Bug Transfers Tokens to Burn Addresses, Over $100K Worth of NFTs Lost

Despite the success of the crypto market, the sector has found it hard to shake off the constant security issues that plague the industry. This week, the non-fungible token (NFT) space got a brutal reality check after NFT marketplace OpenSea was hit by a bug that destroyed multiple tokens.

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“This One is on Mark Cuban,” says CT as He Calls for DeFi Regulation After Getting Rug Pulled on His Promoted Project

Billionaire investor Mark Cuban calls for the regulation of the cryptocurrency sector after the debacle with the algorithmic stablecoin Iron Finance. As we reported, the TITAN token of Iron Finance lost 100% of its value going from $60 to $0 after users started cashing out, sending the prices crashing.

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‘Tech Wreck,’ Stock Collapse Having Far-Reaching Ramifications for Other Assets

The collapse of the tech that began last week continued into Tuesday, as stocks fell more than 600 points. The tech-heavy Nasdaq lost 3% during the course of trading, as investors fled the sector.

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OKEx’ Lennix Lai Makes Presence Felt at Davos, Roots for 100% Financial Inclusion with Blockchain

The changing landscape of the global economy due to the technological progress in the cryptocurrency and blockchain sector is not lost on anybody. As the countries of this world look at ways to embrace this technology without treading on the toes of the well-established financial systems, some of the industry leaders from the crypto space... The post appeared first on NewsBTC.

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Crypto Insurance a Promising Sector Despite Caution of Major Players

With studies showing billions worth of crypto being lost to hackers, the crypto industry needs insurance now more than ever. Major insurers are, however, cautious

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Airline that Lost $170m Last Year Explores Profits in Bitcoin

Norway’s largest low-cost airline service is venturing into the emerging bitcoin sector, according to local reports. Fornebu-based Norwegian Air announced Tuesday that it would soon launch a bitcoin exchange service called Norwegian Block Exchange (NBX).

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Bulk Trader ICO

Bulk Trader is a Blockchain powered Online Marketplace Platform dedicated to B2B sales and services. Bulk Trader is a unique hyperlocal ecommerce platform with creative digital marketing solutions for accredited vendors & buyers for goods in bulk.

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Bitcoin’s Disruptive Power Not Lost on UAE Banks Federation and Abu Dhabi Global Market

UAE Banks Federation (UBF) and Abu Dhabi Global Market (ADGM) have joined forces to host a fintech forum with a focus on discussing how cryptoassets are changing the global financial services sector.

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$150 Million Scandal of Canada’s Biggest Crypto Exchange Sees New Twist in Dead CEO’s 2014 Interview

The recent scandal of QuadrigaCX in which Canada’s biggest cryptocurrency exchange lost $150 million worth of crypto shocked the financial space. It deteriorated the public image of the cryptocurrency sector overnight as analysts condemned the loss of hundreds of millions of dollars following the alleged death of CEO Gerald Cotten who had sole control over the company’s holdings and user funds.

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2018 Securities Report Suggests Fraud in the Financial Sector Goes Beyond Cryptocurrency

On February 7, the Texas State Securities Board (TSSB) published a report wherein it makes an analysis of the millions of dollars lost related to fraud during 2018. The report reveals that the majority of the losses far beyond the cryptocurrency sector.

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Lost and hodled - understanding Bitcoin’s 'Unspent Transactions'

What is the significance of the Bitcoin network’s millions of ‘unspent transactions’ and what impact might they have on the cryptocurrency sector overall?

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Ripple’s Coin XRP Remains Most Stable Amidst Brutal Bear Market as Binance Shares Base Pair Notion

The cryptocurrency sector is currently facing a brutal bearish attack –possibly the fiercest it’s seen in years. As a result, the big dogs like Bitcoin (BTC), Ethereum (ETH), Monero (XMR), Stellar Lumens(XLM), and Tron (TRX) have lost over 10 percent of their value in the last week. In fact, Bitcoin (BTC) has had a seen […]

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70% of All ICOs Are Now Underwater in 2018

How much cash an ICO raised has become “less important” to markets, new research says this week after revealing 70 percent of ICOs have lost the money they raised. Markets ‘Shrug Off Cash-On-Hand’ As part of the latest edition of its weekly newsletter, Diar investigated the current state of the ICO sector, which despite this year’s cryptocurrency bear market has raised more than in the ‘boom’ year of 2017.

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Top 4 Use Cases for Ripple and XRP

The cryptocurrency community has no love lost for Ripple and its native XRP asset. Even so, there are a lot of reasons as to why companies and service providers see merit in the company and its technology.

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Bitcoin Magazine’s Week in Review: Challenging the Way It’s Always Been Done

This past week, we talked to three security experts about how to design smarter and more secure smart contracts. Google is dipping its toe in the blockchain waters by introducing integrations for applications built with Ethereum and Hyperledger.

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OpenBrix ICO (BRIX Token): Blockchain Real State Property Network?

The fragmentation and centralization with our property sector are leading to plenty of issues such as wire fraud, mortgage defrauding among others. Consequently, the rigid structure of our real estate market is also responsible for a considerable number of assets lost or millions in funds during the transactions. Such a situation has led to plenty […]

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Hedge Fund Research (HFR) Says Blockchain & Crypto Funds Down 50% in 2018

Crypto Focused Hedge Funds Down 50% In The First Half Of 2018 Sector data provider Hedge Fund Research (HFR) released a report saying that blockchain and cryptocurrency funds have lost nearly 50% in value since the beginning of 2018.

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Blockchain Hype Overstates Reality, Says Steve Wozniak

Technologist and Apple Inc. co-founder Steve Wozniak played contrarian at the NEX technology conference in late June, comparing the hype around blockchain to the fervor he witnessed just before the implosion of the dot-com bubble.

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