Investments in Crypto Businesses Cut by Half in 2022
Compared to 2021, capital investments in the crypto business over the past 12 months have fallen by more than 40% to $21.6 billion.
France’s Financial Regulator Advocates Increased Control of Crypto Companies
The French authorities are increasing their control over companies that provide services for the storage and exchange of digital currencies.
Crypto Industry Lost $3.6 Billion Last Year in Hacker Attacks
The damage to the Web3 industry from 167 major attacks amounted to about $3.6 billion last year.
Crypto Lender Genesis Trading Cuts Workforce by 30%
Cryptocurrency lending platform Genesis Trading has announced it will lay off 35% of its staff.
Investments in Crypto-based Funds Fall to Lowest Level Since 2018
The influx of funds into crypto-based funds over the past 12 months has hit its lowest level since 2018.
US Regulators Warn Banks Against Risks of Working with Crypto
US regulators have warned the US banking sector against the risks associated with digital assets.
Hackers Steal $8M from BitKeep Wallet Users
Some hackers have stolen around $8 million in crypto assets from the users of crypto wallet BitKeep.
