It was a controversial year for the crypto indutrsy. Let’s have a closer look at the major crypto-related events that too place in 2023.
On December 28, the company announced that its fleet of 3,750 Bitcoin ASIC miners, purchased last year, had already generated profits due to the surge in the coin’s price.
In terms of regional search, Google Trends revealed that countries such as Spain and the Philippines took the lead. People in these nations recorded more users searching for the term Solana than Ethereum.
A staggering 98% member of the PancakeSwap community voted in favour of reducing the CAKE supply by 300 million resulting into a strong surge in the CAKE price.
OKX has announced that it is deleting 11 trading pairs. These changes will go into effect from early January 2024.
For the planned investments in selected meme projects on the Avalanche network, the non-profit has outlined specific requirements for eligibility in the program.
If the court approves the proposed plans from debtors, the FTX creditors could lose a huge sum of money considering the rally in crypto market this year.
In a new blog post, Vitalik Buterin noted the loss of the original web3 values, the ways that the community can get back on track, and the progress that Ethereum has made so far.
Binance reported more than $1.2 billion in assets under custody for more than 170 million users in its 2023 performance report.
The Tokyo-based Monex Group intends to further strengthen its digital asset offerings to institutional investors through the 3iQ acquisition.
In a close resemblance to the early internet era, the Bitcoin ETF advertisement from Hashdex captures a similar temperament.
Presently, India is working on a crypto regulatory framework that is scheduled to take effect in 2024. The framework is based on a joint recommendation of both the International Monetary Fund and the Financial Stability Board.
The Terraform boss was arrested and imprisoned in Montenegro over falsified documents after being on the run to escape his fate as the alleged mastermind behind the collapse of the blockchain.
As the crypto market evolves, only time will tell if Bitcoin can truly reach $1 million by 2029, altering how investors view and interact with digital assets.
The sale of the newly launched Xiaomi EV will officially kick start next year at an undisclosed date.