OK, we admit it, not all of our ’12 Days of Cryptomas’ articles have direct tie-ins to the classic song! But we can promise that every edition is crafted to bring you an overview of the industry we all know and love.
It’s with that particular consideration that, in the name of Christmas cheer, DailyCoin has decided to take a step back from the bears and the FUD to bring you some of the brighter spots in the crypto market this year.
2022 has been a mixed year for the crypto sphere, to say the least. Although the industry has had numerous setbacks, with unprecedented crypto exploits, bankruptcies, and project crashes taking the headlines, it also witnessed some landslide victories and successes in several areas.
Even so, it’s not an overstatement that the varying issues encountered in 2022 have overwhelmingly impacted the industry’s growth. Let’s not forget that the crypto sector started the year in good shape before the bears got their claws into it.
A report by Chainalysis revealed that, between the start of the year and November, more than $3 billion was lost to DeFi hacks, putting 2022 on track to have suffered double the losses of 2021 in terms of hacks.
Compounding…
