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2022-12-26 06:16:04 An Estimated 1.9 Million Uk Households Missed Payments In The Run-Up To Christmas, Including Rent, Mortgage Or Credit Card Bills, Per Bloomberg.

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2022-12-26 05:52:00 Crypto Giants Have Lost $116 Billion In Personal Wealth Since March 2022

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2022-12-26 05:40:59 1inch Network Introduces Fusion Update for DeFi Swaps

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2022-12-26 04:54:02 Impact of FTX’s Contagion to Continue into 2023: CryptoCompare

CryptoCompare predicts that the impact of FTX’s crash will continue into 2023, providing an opportunity for reflection ahead of the next bull run. This year has been tumultuous for the cryptocurrency industry, with major players like Terra, Three Arrows Capital (3AC), and FTX going underwater.

As the crypto space struggles to find footing amid the second wave of the crypto winter exacerbated by the latest FTX debacle, digital asset data provider CryptoCompare believes it will take a while for the industry to recover from the impact of the collapse. CryptoCompare noted that it would take some time for the market to fully recover from the impact of FTX’s collapse, as the exchange’s ties to numerous crypto firms.

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2022-12-26 04:13:59 Metaverse Bots team of local students wins FLL competition

FIRST Lego League (FLL) team the Metaverse Bots has had a successful 2022 FLL season, starting with a strong showing at the qualifying tournament in Encinitas. In addition to core values, the team is also scored on categories such as their innovation project, core values, robot game and robot design. At the Encinitas qualifier, the team earned second place for the innovation project and third for the robot game. Their high scores sent them on to the regional competition in Poway on Dec. 11, where the team increased their core value score and got first place, qualifying them for the SoCal championships at UC Riverside on Dec. 17, where they placed fifth in robot design. The Metaverse Bots’ innovation was a heating and cooling jacket designed.

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2022-12-26 03:29:03 US election agency approves use of NFTs as campaign fundraising incentive

The United States Federal Election Commission (FEC) has issued an advisory opinion stating DataVault Holdings may use nonfungible tokens for fundraising efforts.In a Dec. 15 notice, the FEC said it was “permissible” for DataVault holdings to send nonfungible tokens. The Commission concludes that DataVault’s proposals to provide political committees with NFTs on the same terms that it regularly offers its non-political clients would be a permissible extension of credit by DataVault in the ordinary course of business,” said FEC Chair Allen Dickerson. “Under the Act and Commission regulations, an incorporated commercial vendor may extend credit to political committees under terms substantially similar to those the vendor offers non-political debtors.

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2022-12-26 01:40:59 Impact of FTX’s Contagion to Continue into 2023: CryptoCompare

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2022-12-25 22:06:02 Bitcoin closes year with 26th largest market cap globally

Bitcoin (BTC) heads into the Christmas period with the 26th largest market cap at $324.68 billion, just below Mastercard with $328.35 billion. Ethereum (ETH), on the other hand, ranks 77th on the list with a $147.60 billion market cap.

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2022-12-25 21:03:03 Binance trading volume falls to its lowest since October 2020

Daily crypto trading volume on Binance sunk to $9.39 billion on Dec. 23, its lowest since October 2020, according to data from Nomics. With the upcoming holiday season and the rearing bear market, trading volumes on most centralized exchanges have been impacted. According to research published by CoinGecko, crypto derivatives trading volume on exchanges has tanked by 24% since the collapse of FTX. According to the study, a likely reason for the fall in the trading volume is that traders have stopped or reduced their trading activity since the FTX crash. Furthermore, the research added that trading activity also generally slows down toward the end of the year.

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2022-12-25 21:00:12 1INCH One of the Top Most Purchased Tokens by 500 Biggest ETH Whales

The crypto whale tracking website, Whale Stats, took to Twitter early on December 21 to announce that 1inch Network (1INCH) is among the top 10 tokens that were purchased by the top 500 biggest Ethereum (ETH) whales over the last 24 hours.The crypto market tracking website CoinMarketCap indicates that 1INCH is currently trading hands at $0.3975 after a 0.14% drop in price over the last day, and after reaching high of $0.4054 over the same time period. The crypto is also still in the red by more than 9% over the last week.In addition to this, 1INCH weakened against the two biggest cryptos in the market, Bitcoin (BTC) and Ethereum (ETH), by about 0.20% and 0.22% respectively. Also in the red zone is 1INCH’s 24-hour trading volume which currently stands at $12,075,983 after a more than 27% decline over the last day.
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