How crypto developers faked Solana’s DeFi ecosystem
17 Aug 2022
721 Views

The Macalinao brothers used a web of bogus identities to create the illusion of a dev community, juicing value on the Saber protocol and Solana blockchain. Now they’re moving to Aptos. An investigation by Danny Nelson and Tracy Wang published on CoinDesk. Something about Sunny Aggregator felt off-kilter to the cryptocurrency user known as Saint…

Mastercard: Crypto awareness grows globally, but more trust is needed
16 Aug 2022
383 Views

Worldwide 2022 New Payments Index consumer polling by Mastercard revealed that crypto payments are rising in popularity worldwide, as 93% of those surveyed have heard of cryptocurrency, and 41% have done at least one crypto-related activity in the past year. However, consumers are still looking for more stability within the industry. Mastercard’s 2022 Global New…

Despite bear market, crypto fundraising hits $30 billion in H1 2022, topping all of 2021
09 Aug 2022
455 Views

Messari’s latest report indicates that the market pullback in the year’s first half did not shake investors’ confidence in the growing crypto industry. As per the report, the overall amount of money raised in the first six months already exceeds the $30.2 billion that was raised in 1313 rounds throughout the entire year of 2021….

Nigeria and the UAE are the world’s most crypto-curious countries – CoinGecko study
07 Aug 2022
427 Views

Nigeria and the UAE remain the most cryptocurrency-obsessed markets, CoinGecko’s new study said based on Google Trends search data. Analysts suggest that top-list countries seem more interested in buying the dip, reflecting their long-term outlook for cryptocurrencies. CoinGecko, the leading cryptocurrency tracker, has compiled a ranking of countries by interest concerning digital currencies via Google…

Nomad hacked for $190 million, amid cross-chain bridges lost $2 billion in 2022
04 Aug 2022
390 Views

US crypto firm Nomad has suffered a $190 million hack, blockchain analytics reported on August 3. Experts estimate the funds have been stolen from cross-chain bridges to $2 billion so far in 2022. Nomad said on an official Twitter account that it was “aware of the incident” and was currently investigating without giving further details….

Users spent $2.7 billion ETH on NFT minting in H1 2022
04 Aug 2022
411 Views

Market participants spent 963,227 ETH, or about 2.7 billion, on NFT minting on the Ethereum blockchain during the first half of 2022. Over 1 million unique wallet addresses were involved in the minting process, signaling that NFT market activity remained strong. According to a new report by Nansen, about half (50.7%) of the ETH raised…