Top 10 Crypto News, 17th December
12:59 17th Dec, 2022
Hershey India forays Into Metaverse With Hersheyverse
Hershey India, a part of The Hershey Company, a leading global snacking company and the largest producer of quality chocolates, has forayed into metaverse with the launch of 'Hersheyverse™'.
UNHCR Launches Blockchain Payment Solution To Support Ukrainians Displaced by War
The United Nations High Commissioner for Refugees (UNHCR) recently said it has launched a blockchain payment solution for digital cash distribution to internally displaced persons (IDPs) in Ukraine.
Solana-Based Exchange Raydium Suffers $2M Exploit
Raydium, a decentralized exchange built on the Solana blockchain, suffered an exploit that appears to have taken more than $2 million.
Shaquille O'Neal Says 'I Don't Understand Crypto' After Being Named In Lawsuit Over FTX Collapse
The American basketball legend Shaquille O'Neal has defended his appearance in ads for the collapsed cryptocurrency firm FTX, arguing he was "just a paid spokesperson".
Crypto Exchange Bitvavo Says 280M Euros 'Locked' At DCG
Bitvavo, a Dutch cryptocurrency exchange, said on Friday it has 280 million euros ($296.30 million) locked at Digital Currency Group (DCG), a U.S.-based company.
Bitcoin Fails To Claw Back Fed-Related Losses As Silvergate Bucks Downtrend
Crypto prices largely continued a slide that started with the Fed's 50-basis point interest rate increase yesterday. Crypto-related stocks were down, although Silvergate bucked the trend.
A16z Leads $100M Raise For Web3 Privacy Firm Aztec Network
The privacy-focused web3 firm Aztec Network raised $100 million in Series B funding led by the web3 investment firm a16z.
Biden Administration Calls On Congress To Rein In Crypto Risks
The Biden administration called on Congress to cover gaps in the regulation of cryptocurrencies, renewing a push for tougher oversight following the collapse of crypto exchange FTX.
Co-Founder Of Multi-Billion-Dollar Crypto Pyramid Scheme "OneCoin" Pleads Guilty
OneCoin Was a Fraudulent Cryptocurrency Marketed and Sold to Millions of Victims Around the World, Resulting in Billions of Dollars in Losses.
Bitcoin, Ethereum, Tron, & Litecoin Daily Crypto Price Analysis
The recent data for Bitcoin, Ethereum, and others shows that there has been no positive change. Instead, they have continued to see a recession, lowering their value considerably.
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