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Central Banks Hold Fate of Crypto in their Hands, Says Russian Economist


A leading Russian economist believes that central banks will ultimately determine the fate of crypto – even if they are not currently “prioritizing” their regulation the sector. The comments were made by Nikita Maslennikov, of the Center for Political Technologies and the Director of Economy...

Chainalysis: Crypto Scam Revenue Dropped 46% in 2022


Revenue from cryptocurrency scams dropped 46% in 2022, according to blockchain data analytics firm Chainalysis. “We attribute most of this decline to market conditions, as scam performance tends to worsen when cryptocurrency prices are in decline,” the firm explained. ‘Crypto Scam...

Ethereum’s Transition to Proof-of-Stake Yields Deflationary Results


After the transition from proof-of-work (PoW) to proof-of-stake (PoS), Ethereum’s annual issuance rate has been reduced to negative 0.057%, according to statistics 158 days after The Merge. The metrics indicate that more ethereum tokens have been removed than issued, and if the chain were...

Shibarium marks the year 2022 as a year of knowledge & innovation


The year 2022 happened to have been a year of closely learning and understanding what and just how to go about making the entity undertake changes in its overall functioning, as well as making it effective and significant in terms of the common ecosystem. Along with that was the absolute necessity...

Klaytn’s new move for enhanced sustainability & decentralization


The Klaytn Foundation happens to have been set up with the aim and intention of creating and decentralizing the ecosystem of the South Korean top-of-the-line layer one blockchain, Klaytn. The entity seizes the opportunity of making its announcement of coming out with a new governance system which...

Chinese Prosecutors Close Net on 40 Suspected Crypto Scammers


Up to 40 suspected crypto scammers are facing prosecution in China – with 10 already standing trial. Per Jimu News, 10 of the alleged scammers are being tried at the Enshi (Hubei Province) branch of the People’s Court on fraud charges. The public prosecution agency claims that the “gang”...

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