#2022
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In El Salvador, only 12% of the population reportedly used Bitcoin for payments of goods and services in the past year, marking a 12.4% decline from the 2022 statistics. This information comes from a study conducted by the Central American University José Simeón Cañas, based on face-to-face interviews with 1,280 people. BSV Price Doubles: What Are the Driving Factors Behind the Surge?
Bitcoin SV, the hard fork of Bitcoin Cash, diverged from the main network in 2018. Its value hovered between $150 and $250 for three years until it dipped below its historic low in November 2022. After 11 months of gradual build-up, BSV began an upward trend, which became more pronounced towards the end of the year. How to protect your wallet against advanced scam?
The realm of cryptocurrency still echoes the lawlessness of the Wild West, with over $20 billion in tokens and coins falling into the hands of thieves in 2022 alone. To shield yourself from becoming as easy a target as a gold-laden stagecoach, it's essential to follow a series of subtle yet powerful guidelines designed to protect your wealth.
In the first half of 2023, the crypto exchange Upbit faced 159,000 attacks, marking a 117% surge from early 2022 figures. These persistent threats pushed the exchange to transfer up to 70% of its funds to cold wallets and to ramp up its security measures. However, despite these precautions, the exchange mistakenly recognized fake APT deposits as legitimate. Caroline Ellison: The Great Mind with a Dark Edge
Until autumn 2022, Caroline Ellison remained largely under the radar. That changed dramatically when FTX, once the leading cryptocurrency exchange, faced a major setback. Ellison, leading Alameda Research, channeled FTX client investments into ventures of dubious repute, culminating in the downfall of Sam Bankman-Fried’s empire.
In a low-key yet significant move, Tether, the company behind USDT stablecoin, added 8,888.88 BTC (approximately $380 million) to its reserves in the previous quarter. This acquisition increased its Bitcoin stash to a hefty 66,465 BTC, valued at $2.8 billion, adhering to its policy of monthly Bitcoin purchases since September 2022.
A recent CoinGecko study reveals a startling fact: over 50% of cryptocurrency projects (14,039), listed on the platform since 2014, have faced failure. The vast majority of these setbacks (more than 70%) occurred between 2020 and 2022, largely attributed to the ease of deploying tokens and the craze around meme coins.
In the US, crypto industry lobbying is on the rise, with expenditures reaching $19 million in just the first three quarters of the year, surpassing the previous year's total. In 2022, the total lobbying budget reached $22 million, with FTX contributing significantly. 










