Crypto Industry Lost Over $650B After Two Major Scandals in 2022: BIS

View this email in your browser The best of crypto news, prepared fresh and hot every day. Whale sells 1,010 NFTs in 48 hours in 'largest NFT dump ever' The major selling event included 90 Bored Ape Yacht Club (BAYC) NFTs, 191 Mutant Ape Yacht Club (MAYC) NFTs and 308 Otherdeed NFTs to name a few. Read more Bitcoin on-chain data highlights key similarities between the 2019 and 2023 BTC price rally Reviewing Bitcoin data from the 2019 bull market offers valuable insights on BTC's current support levels and upside price targets. Read more Solana Network's Transaction Processing Craters After 'Forking Event' The Solana network experienced a forking event early Saturday morning New York time that throttled users' ability to execute transactions. Read more Coordinated global crypto policies: G20 key financial stability priority India's finance minister called for a coordinated effort "for building and understanding of the macro-financial implications," which could be used to build global crypto reforms. Read more Crypto Industry Lost Over $650B After Two Major Scandals in 2022: BIS The BIS found that retail investors bought the dip amid the bloodbath while the broader financial system remained generally unharmed. Read more