Short cryptonews for this week 48/52 (2022)

By Pasucaru | Crypto on fire | 3 Dec 2022


- Bitcoin closed November 2022 with a -16.1% price drop, the worst November since 2019. The BTC hashrate is in free fall, a first for a few months!

- BlockFi officially goes bankrupt. The platform has over 100,000 creditors and up to $10 billion in debt.

- Over $643,000,000 worth of Solana coins ($SOL) are now controlled by liquidators as part of Alameda Research's bankruptcy process.

- Hacks of smart contracts and protocols resulted in a loss equivalent to $2.7 billion in 2022, up 63% from last year.

- Coinbase is removing $XRP, $ETC, $BCH and $XLM from its wallet due to growing user disinterest. By the way, Apple refuses the latest version of Coinbase Wallet.

- The Crypto.com wallet extension now supports Ledger.

- Over 100,000 Cardano wallets were created in November despite the bear market.

- The National Bank of Ukraine presented the concept of a digital national currency.

- Huobi and Tron launched Dominica's national token, $DMC (Dominica Coin).

- Russia's largest bank Sber adds support for decentralized cryptocurrency wallet MetaMask on its own blockchain.

- El Salvador has opened a National Bitcoin Office.

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