Cryptocurrencies are outpacing inflation – but traditional assets are not

Hello everyone! The global crypto market cap is $810.14 billion with a 24-hour volume of $21.82 billi

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CryptoSlate Newsletter @cryptoslate

Hello everyone! The global crypto market cap is $810.14 billion with a 24-hour volume of $21.82 billion. The price of Bitcoin is $16,816.65 and BTC market dominance is 40.0%. The price of Ethereum is $1,215.51 and ETH market dominance is 18.4%.

Cryptocurrencies are outpacing inflation – but traditional assets are not Aside from bringing the world to a standstill, the 2020 pandemic brought on the largest fiscal stimulus program ever seen. cryptoslate.com

Japan to lift ban on foreign-issued stablecoins in 2023 Japan's Financial Service Agency (FSA) will lift the ban on the local distribution of foreign stablecoins like USD Coin (USDC) in 2023, Nikkei reported on December 26. cryptoslate.com

BIT Mining subsidiary loses $3M to cyberattack Crypto mining firm BIT Mining said its subsidiary BTC dot com lost $3 million worth of digital assets to a cyberattack on December 3, according to a December 26 statement. cryptoslate.com

Hackers steal $8M from BitKeep users by spoofing wallet app Blockchain security firm Peckshield reported that roughly $8 million of BitKeep users' funds were stolen via a hacked APK version of the crypto wallet. cryptoslate.com

Chess to make headway into Web 3.0 as FIDE partners with Avalanche The International Chess Federation, popularly known by its French acronym FIDE, has struck a partnership with Avalanche to introduce chess into the sphere of Web 3, Avalanche announced on December 23. cryptoslate.com

BTC block time reaches yearly high as mining hash rate plunges amid arctic blast The arctic blast in the US has already claimed at least 22 lives and temperatures could dip dangerously below freezing levels. cryptoslate.com

Net worth of CZ fell 93% while 10 crypto moguls lost billionaire status in 9 months: Report For the crypto world, 2022 has been a tumultuous and eventful year with multiple high-profile bankruptcies, record-high scams, and frauds. cryptoslate.com

Iceberg + Spark + Trino: a modern open source data stack for blockchain 1.The challenge for modern blockchain data stack There are several challenges that a modern blockchain indexing startup may face, including: Massive amounts of data. cryptoslate.com

Amid the arctic blast, Texas miners voluntarily shut down or curtail operations Bitcoin miners are again showcasing how they can play an essential role in the energy infrastructure as miners shut down or limit production to support the ecosystem in Texas. cryptoslate.com

Research: What does retail investors aggressive Bitcoin purchase mean for the market? Bitcoin (BTC) whales have been selling their assets aggressively while retail investors have been accumulating the coins simultaneously throughout 2022. cryptoslate.com

🔥 Trending Sectors 🚜 DeFi Tokens 🕸 DEX Coins 📈 Biggest Gainers 💵 Stablecoins 🔴 Polkadot Ecosystem ⚛️ Cosmos Ecosystem 👨🏻‍🌾 Yield Farming Coins 🖼 NFT Coins 🔮 Oracle Tokens ⛓ Binance Smart Chain Ecosystem Crypto market data For more pertinent market data, please see: 🗞 Top Crypto News + Movers 🌚 Cryptocurrency Rankings 📈 Biggest Gainers - 24h 📉 Biggest Losers - 24h 💰 Highest Volume - 24h 🆕 Recently Added Coins

Did you enjoy this issue? Yes No CryptoSlate Newsletter @cryptoslate Daily summary of the most important stories in the world of Bitcoin, DeFi, NFTs, Web3, and more.

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