Exploring Crypto Whale Concentration: Unveiling the Rich Lists of the Top 10 Cryptocurrencies

In the past ten years, a myriad of digital currencies have emerged alongside bitcoin, forming a cryptocurrency ecosystem now worth $1.2 trillion. Within this realm, enigmatic figures known as crypto whales have played a pivotal role in the distribution, trading, and accumulation of coins across various projects. This study delves into the ten most valuable [...]

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Societe Generale Subsidiary Launches Euro Stablecoin, but Faces Criticism Over Smart Contract Issues

According to Societe Generale-Forge (SG-Forge), a regulated subsidiary of Societe Generale Group, the company has launched a stablecoin pegged to the euro and issued on the Ethereum blockchain. During the launch announcement, SG-Forge’s CEO stated that a stablecoin “built under a robust banking-grade structure” will be a key element to increase trust and confidence in [...]

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Cardano Community Builds as ADA Plunges 20%

• The past week has been busy for Cardano, despite ADA’s current dip in price.
• The Cardano community is continuing with developments and events.
• The majority of ADA holders are currently faced with losses.

Despite a market-wide downturn for cryptocurrencies over the past few days, the Cardano (ADA) ecosystem powers on.

The Cardano Foundation team has shared an overview of the news, events, and progress across the ecosystem as of last week.

Continue reading at DailyCoin.

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2022: The Year Crypto Hacking Reached an All-Time High with $3.8 Billion Stolen

In 2022, crypto hacking reached an all-time high, with hackers stealing a staggering $3.8 billion from cryptocurrency businesses, with DeFi protocols being the main victims. This article highlights the magnitude of the problem and the need for better security measures in the crypto industry.

<p>The post 2022: The Year Crypto Hacking Reached an All-Time High with $3.8 Billion Stolen first appeared on CCNC.</p>

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It is High Time to Rethink Holding Strategies as FTX Crisis Roams, Says Blockchain.com CEO

Speaking on CNBC’s “Closing Bell” Thursday, Blockchain.com CEO Peter Smith deemed the collapse of crypto exchange FTX as “a tragedy and total failure of governance.” (Read More)

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Japans DMM Crypto shuts down Seamoon Protocol amid challenges

Just a few months ago, it was thinking about issuing a stablecoin. Now, it's unsustainable. 

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