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Hardware crypto wallet sales increase as centralized exchanges scramble
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Hardware wallet providers are seeing increases in revenue in this bear market as crypto investors withdraw assets off centralized exchanges.

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NFT platform wars could be ahead, says new DappRadar report
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OpenSea, UniSwap, MagicEden, eBay and others are acquiring NFT aggregation tools and taking a stand to gain market share of the evolving NFT ecosystem.

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El Salvador’s Bitcoin wallet Chivo scores $52M in remittances in 2022
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El Salvador payment app Chivo processed $52 million in remittances over the past 6 months, as expatriates make use of commission-free BTC transfers.

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Salary payments in USDT stablecoin ruled as illegal in the Chinese court
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Tether USDT stablecoin cannot be used for salary payments, a Chinese court ruled, citing the country’s blanket ban on all types of crypto transactions.

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Web3 will unite users from social media platforms, says Aave exec
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At this year’s NFT.NYC conference, Aave executive Christina Beltramini shared detailed insights into the platform’s recent launch and future vision.

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Majority of British crypto owners revealed to be hodlers: Survey
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In the U.K., crypto owners prefer centralized exchanges and claim their assets to be largely profitable.

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Ethereum Name Service registrations surge by 200% amid lower gas fees
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ENS domain registrations went from 11,042 to 29,727, as the domain “000.eth” was bought for 300 ETH.

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Bear market delivery! Bitcoiner rejoins DoorDash to buy more BTC
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A software developer from Ohio is taking on extra work at Door Dash to grow his stack of Bitcoin.

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85% of merchants see crypto payments as a way to reach new customers: Survey
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The crypto payment report noted that crypto payment fees are around 1%, which is much lower than other payment options that charge between 1.5% and 3.5%

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Korea and US agree to share investigation data on Terra-Luna
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The two nations have agreed to share their investigation data on the ongoing crypto-related cases including Terra Luna.

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Crypto tax deters 83% Indian investors from crypto trading: WaxirX report
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With two consecutive taxes ready to eat away at their holdings, most Indian investors have seemed to have opted for hibernation amid an unforgiving bear market.

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