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Winners and losers of 2022: A disastrous year that saw few winners among a sea of losers

2022 was an eventful year for the crypto world but not everyone came on top of it, we look at some of the biggest winners and losers from 2022.

Sam Bankman-Fried denies moving funds from Alameda wallets

The former FTX CEO denied moving the funds saying; "I'm not and couldn't be moving any of those funds; I don't have access to them anymore.”

Bithumb’s largest shareholder executive found dead following allegations of embezzlement

Mr. Park Mo was found dead after an investigation had been launched against him for embezzlement and stock price manipulation.

Crypto Unicorns founder: P2E gaming is in a long ‘maturation phase’

Crypto Unicorns founder Aron Beierschmitt chats with NFT Steez about the key components blockchain-games need to build sustainable in-game play-and-earn economies.

Investors seek to sell FTX, Celsius, BlockFi, Voyager claims

Hedge funds and debt investors have already purchased some of the claims.

FTX founder reportedly cashes out $684K after being released on bail

SBF has allegedly cashed out $684,000 from a crypto exchange in Seychelles while being under house arrest, according to an on-chain investigation.

Nic Carter dives into proof-of-reserves, ranks exchange attestations

Crypto trading platforms Kraken and BitMEX topped the proof-of-reserves score list, while Binance received a low score for being incomplete.

Turkey’s central bank completes first CBDC test with more to come in 2023

After recently completing its first payment transactions using a CBDC, the central bank is pushing ahead with more tests over 2023.

The 10 largest crypto hacks and exploits in 2022 saw $2.1B stolen

Just the top 10 major cryptocurrency exploits garnered over $2 billion for malicious actors in a year that was marred with bankruptcies and collapses.

Prosecutors unlikely to offer Sam Bankman-Fried a favorable plea deal, says lawyer

Former FTX CEO may not be able to offset the two counts of wire fraud and six counts of conspiracy he faces with the credits by entering a guilty plea.

FTX’s Liquid exchange hopes to return customer assets next year

The exchange said it intends to outline further details in a report in January 2023.

Over 1,400 Chinese firms operating in blockchain industry, national whitepaper shows

Despite partial crypto bans, the Chinese Government has included blockchain technology in official state development policy.

Chinese Communist Party official pleads guilty to helping Bitcoin miners

Xiao Yi, Communist Party Secretary of the City of Fuzhou, financially aided Bitcoin miners between 2017 and 2021.

Blockchain analytics unable to prevent FTX-level illicit schemes

Blockchain tracker Whale Alert has attempted to scan FTX’s historical balance checks to find out whether it was possible to spot the collapse sooner.

BMW taps Coinweb and BNB chain for blockchain loyalty program

BMW will integrate decentralized tech in two phases- first in its daily operations to eliminate complex paperwork, and the second phase would see the development of a customer loyalty program.

Alameda wallets funnel over $1.7M via crypto mixers overnight

Data negates the possibility of liquidators behind the fund transfers due to the use of mixing tools and extensive planning to hide transaction paths.

MicroStrategy to offer Bitcoin Lightning solutions in 2023

MicroStrategy’s Lightning Network solutions include Satoshi-powered incentives for marketing and website cybersecurity.

What to expect from crypto the year after FTX

Users are still seeking to move their funds away from centralized exchanges, paving the way for blockchain-based alternatives to thrive.

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