There Will Be Over 12,000 Inactive Cryptocurrencies by 2022 | Curated CoinCodeCap #6 October 2022
Crypto Regulation, DAO Wars, DeFi Sagas, Bitcoin Supremacy, and Digital Avatars, all here with market updates and a meme.
While Bitcoin paves the path for crypto mass adoption, Ethereum becomes the sword of Keyboard warriors. Here’s what happened to the market yesterday:
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This week we sit with Jon Wu and Joe Andrews from the Aztec team, to discuss Ethereum scaling problems, the case for privacy on blockchain and how Aztec network enables private access to dApps on Ethereum.
A study by Nomics found that 12,100 cryptocurrency projects have stopped operating as a result of the current bad market. In comparison, there were 1,500 in 2020 and 3,700 in 2021. Keep Reading »
For failing to report the cryptocurrency futures exchange and for manipulating the price of its DGTX token, the United States Commodity Futures Trading Commission (CFTC) has lodged a complaint against Digitex LLC and its founder and CEO Adam Todd. Keep Reading »
Leading Telecom giant Deutsche Telekom has announced its plans to run a validator to support Ethereum (ETH) staking. The operator’s subsidiary, T-Systems MMS, will provide the ETH Network with infrastructure in the form of validation nodes. Keep Reading »
On September 29, state securities officials from the Vermont Department of Financial Regulation (VDFR) and the Texas State Securities Board (TSSB) filed objections to the bankrupt crypto lender Celsius accessing the company’s stablecoin cache. The latest development comes two days after Celsius Network CEO Alex Mashinsky submitted a letter of resignation from the company. The objection was against Celsius’ plan to sell $23 million in stablecoins as the crypto lender petitioned the court in September to gain access to the funds. Keep Reading »
The number of sales showed an overall increase. The highest data for this metric was recorded on 17th September, the data value was 35.3K. The lowest data was recorded on the 12th Sept which was 23.2K
Non-fungible tokens are revolutionizing the digital art industry. They’re taking the place of collectibles in popular games by providing an avenue for artists to make money off their artwork. As we head into the future, digitally-created art is being used for more things than ever before. It can be used in several different cases and expanded from there. So if you want to invest in coins powered by NFTs collections, here’s the list of the top 5 NFT coins to buy in 2022 on BitYard. Keep Reading »
The price of cryptocurrencies has dropped by 60% in the last few months. This has made it hard to deny that we are in a bear market. The prices for smaller assets such as ZCash also decreased by over 80%, and other significant drops were noted across the board. Keep Reading »
The bear market seems to be finally coming to an end. With altcoins finally gaining momentum, it’s a good time for smart investors to go hunting and see if they can find some that will bring big returns by the end of 2022. Keep Reading »
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