State of Crypto

Happy white paper day, Bitcoin. It’s been 14 years since Satoshi Nakamoto first sent an email to the Cypherpunk mailing list with the subject line, “Bitcoin P2P e-cash Paper.” The email included a link to the white paper, an outline of what would soon become a one trillion-dollar market.

14 years since the Bitcoin white paper: Why it matters Satoshi Nakamoto’s nine-page white paper spurned a movement toward a more decentralized future: Here’s what the experts in Lugano made of the occasion.

Despite the current crypto market downturn, bad actors have continued to cash out large amounts of money from the crypto-verse via hacks. Here’s a roundup of the major hacks, heists, and security breaches in the digital assets and DeFi ecosystem in October 2022.

Hacktober: A Roundup of the Crypto Industry Hacks and Heists in October – crypto.news Here’s a roundup of the major hacks, heists, and security breaches in the digital assets and DeFi ecosystem in October 2022.

Veteran trader Peter Brandt says the dogecoin bear market that began in May last year has ended. His comment came after the price of dogecoin soared following Tesla CEO Elon Musk’s acquisition of the social media platform Twitter.

Veteran Trader Peter Brandt Says Dogecoin Bear Market Has Ended – Markets and Prices Bitcoin News Veteran trader Peter Brandt says the dogecoin bear market that began in May last year has ended as Elon Musk acquired Twitter.

The Hong Kong government issued a crypto policy statement that clarified its plans to develop “a vibrant sector and ecosystem” for the nascent industry on October 31.

The policy statement marks a key change for the government, which had recently revealed intentions to allow retail traders to invest directly in crypto.

Hong Kong issues policy statement on crypto The Hong Kong government issued a crypto policy statement that clarified its plans to develop "a vibrant sector and ecosystem."

Cardano (ADA) founder Charles Hoskinson has predicted that crypto will get more adoption as the national fiat currencies of several countries start to fail.

Hoskinson predicts more crypto adoption as sovereign currencies fail Cardano founder Charles Hoskinson has predicted that crypto will get more adoption as more national currencies fail.

A crypto strategist known for his timely altcoin calls says traders looking to suddenly flip bullish on meme token Shiba Inu (SHIB) at current levels should exercise caution.

Pseudonymous trader Altcoin Sherpa tells his 185,700 Twitter followers that Shiba Inu might be losing some steam after failing to break key resistance levels.

Popular Crypto Analyst Issues Alert for Shiba Inu, Predicts Rallies for Dogecoin and Two Additional Altcoins - The Daily Hodl A crypto strategist known for his timely altcoin calls says traders looking to suddenly flip bullish on meme token Shiba Inu (SHIB) at current levels should exercise caution.

Contrary to popular belief, Ethereum (ETH) inventor Vitalik Buterin says that crypto doesn’t necessarily need institutional adoption just yet.

Ethereum (ETH) Creator Vitalik Buterin Says Crypto Industry Doesn’t Need Institutional Adoption Yet – Here’s Why - The Daily Hodl Contrary to popular belief, Ethereum inventor Vitalik Buterin says that crypto doesn't necessarily need institutional adoption just yet.

Dogechain (DC) has been incredibly popular among the meme coin community which has welcomed it with open arms. The native token has also done well considering that it launched during a bear market but the crypto winter has eventually caught up with it, as expected.

Given this, Dogechain developers have proposed a drastic reduction in the supply of the digital asset, and the community has come out in full support of them.

New Proposal Wants To Burn 80% Of Dogechain (DC) Supply, Community Responds | Bitcoinist.com Dogechain (DC) has been incredibly popular among the meme coin community which has welcomed it with open arms. The native token has also done well considering

Is Ethereum now under U.S. control? 99% of latest relay blocks are censoring the network
Roughly 63% of all Ethereum blocks produced in the last 24 hours were OFAC compliant. Industry experts ask "why is nobody talking about this?"

Op-Ed: Is Ethereum now under U.S. control? 99% of latest relay blocks are censoring the network 63% of all Ethereum blocks produced in the last 24 hours were OFAC compliant. Industry experts ask "why is nobody talking about this?"

Economist Peter Schiff has warned that the U.S. dollar will crash. Noting that the U.S. is “in a much bigger fiscal mess than Great Britain,” with a much bigger debt problem, Schiff stressed: “Can we possibly repay this debt? Of course not. Repaying the debt is impossible. So, what’s going to happen? We’re going to default.”

Economist Peter Schiff Warns the US Dollar Will Crash — Says 'We're Going to Default' – Economics Bitcoin News Peter Schiff says the U.S. dollar will crash, adding that "repaying the debt is impossible" so "we're going to default."

Online advertising giant Google has partially blamed a slowdown in revenue growth on decreasing ad spending by financial firms, including those working with crypto assets.

During parent company Alphabet’s earnings call on Tuesday, Google’s Chief Business Officer Philipp Schindler admitted to witnessing reduced search spending during the third-quarter and elaborated.

Google Admits Crypto Winter Is Hurting Ad Business – Bitcoin News The digital asset market downturn that started the current crypto winter is negatively affecting search spending, Google has acknowledged.

On his Twitter broadcast, Colorado-based mathematician and technology entrepreneur Charles Hoskinson, co-founder of Cardano and Ethereum, discussed the incredible cryptocurrency infrastructure and how it functions.

Cardano’s Charles Hoskinson Shares His Opinion on the Cryptocurrency Infrastructure – crypto.news On his Twitter broadcast, Colorado-based mathematician and technology entrepreneur Charles Hoskinson, co-founder of Cardano and Ethereum, discussed the

Tulip and UXD, two Solana-based decentralized finance (DeFi) protocols, have obtained tokens from Mango Markets, a lending protocol that experienced a significant exploit a while back. This has allowed both initiatives to resume offering their facilities and restored faith in the Solana Defi incident.

Solana Projects Reboot as Money Lost From Mango Markets Fiasco Is Recovered – crypto.news Wednesday evening marked a sensational moment for several Solana projects as they reopened after they received back lost money from the recent Mango markets

Binance, the world’s largest crypto exchange platform by volume, is launching a new oracle service on its BNB blockchain.

Crypto Exchange Binance To Launch New Oracle Service on BNB Chain, Citing Huge Opportunity - The Daily Hodl

The United Kingdom’s new prime minister is an apparent fan of digital assets, saying he wants to make the country a hub for crypto technology.

UK Welcomes New Prime Minister Who Wants To Make Country Global Hub for Crypto Technology - The Daily Hodl

The Organization for Security and Co-operation in Europe (OSCE) has set out to teach law enforcement officers in Uzbekistan how to conduct crypto and dark web investigations. The regional body recently organized a training course for employees of the country’s security agencies in Tashkent.

OSCE Trains Uzbekistan Law Enforcement to Track and Seize Crypto, Search Dark Web – Bitcoin News OSCE has set out to teach law enforcement officers in Uzbekistan how to conduct crypto and dark web investigations.

Tesla and Spacex CEO Elon Musk expects a global recession to last until the spring of 2024. Musk added that his two companies are in good positions but many others are not. “Recessions do have a silver lining in that companies that shouldn’t exist stop existing,” the Tesla boss said.

Tesla CEO Elon Musk Says Recession Could Last Until Spring 2024 – Economics Bitcoin News Tesla CEO Elon Musk expects a global recession to last until the spring of 2024. Musk believes that North America’s in pretty good health.

According to the National Consumer Commission, about 4,000 South Africans who invested in a bitcoin mining equipment supplier, Obelisk, may have participated in a pyramid scheme. The commission said participants in the pyramid scheme may have lost as much as over $6 million.

Report: BTC Mining Investment Platform Declared Pyramid Scheme by South African Consumer Watchdog – Regulation Bitcoin News The National Consumer Commission said participants in the pyramid scheme may have lost as much as over $6 million.

Vitalik Buterin has inspired the release of a third meme coin this week. The new meme token created out of yet another tweet has increased by more than 5,500%.

Vitalik Buterin Inspires the Launch of Third Meme Coin in a Week – crypto.news Vitalik Buterin has inspired the release of a third meme coin this week. The new meme token created out of yet another Vitalik Buterin tweet has increased by more than 5,500%.

For over a year, the oil-rich Central Asian country of Kazakhstan has maintained its position as the third-biggest contributor to Bitcoin mining after surpassing Russia back in February 2021.

Kazakhstan among top 3 Bitcoin mining destinations after US and China The International Energy Agency (IEA), co-funded by the European Union, highlighted Kazakhstan’s heavy reliance on non-renewable energy.

Changpeng “CZ” Zhao, the founder and CEO of global cryptocurrency exchange Binance, is one of the most influential crypto personalities today, but his story is a true rags-to-riches one.

How CZ built Binance and became the richest person in crypto CZ left his lucrative job to start his own venture in 2005. After eight years of building the company, CZ finally came across Bitcoin in 2013, which changed everything.

Following the recent launch of the Aptos Blockchain, there has been a lot said of the nose dive performed by the native APTOS token. The token fell to a low of $6.75 from a high of $13.73, according to CoinGecko data. However, the founding engineer of Aptos, Josh Lind, also gave his thoughts on the chain’s overall performance in its first 24 hours.

Aptos engineer - first 24 hours blockchain performance indicates chain "isn't even breaking a sweat" Founding Engineer of Aptos, Josh Lind, has presented a full breakdown of network highlights for the launch of the Aptos Blockchain stating "We’re excited for more users to take advantage of Aptos"

In light of DeFi’s recent lending market economic attacks, risk monitoring and management has become a key factor for success within the ecosystem. Appropriate procedures need to be taken into account in order to ensure the future growth of the space.

Deep-dive into the Mango Markets economic attack In light of DeFi’s recent lending market economic attacks, risk monitoring and management has become a key factor for success within the ecosystem.

Gavin Wood is stepping down from his position as CEO of Parity, the development firm behind interoperable blockchain Polkadot (DOT).

Polkadot (DOT) Co-Founder Gavin Wood Steps Down As Parity CEO To Focus on Strategies for Mass Crypto Adoption - The Daily Hodl

STEPN to sack 100 staff as players step away from the move-to-earn app

The move-to-earn blockchain game has seen a significant drop in its user base and its rewards token has taken a decline due to the cryptocurrency market conditions.

STEPN to sack 100 staff as players step away from the move-to-earn app After a very promising start following its launch in 2021, STEPN is reportedly laying off over 100 contract workers, mostly moderators and ambassadors, as the app's user numbers took a dive amid the cryptocurrency bear market.