#2023

KPMG's 2023 report reveals that cryptocurrency and blockchain have become the frontrunners in Canada's fintech sector, outpacing other areas despite a general decline in transaction volumes and deal values.

Belarusian-Latvian entrepreneur Aliaksandr Klimenka was apprehended on December 21, 2023, in Latvia by US authorities. He now faces charges of money laundering conspiracy and operating the unlicensed cryptocurrency exchange BTC-e.

According to a new report report by data analytics platform Flipside, in 2023 Ethereum and Polygon were the leading chains in terms of monthly acquired users. Each of the chains gained over 15 M with Ethereum coming the first by a little difference.

The token value of Celestia, a modular blockchain (TIA), has surged nearly tenfold since its inception in late October 2023. Initially, certain users received TIA as an airdrop, contingent upon their blockchain wallet address meeting specific criteria.

Ransomware attacks achieved a record-breaking milestone in 2023, stealing $1 billion in cryptocurrency, despite a notable downturn in 2022.

In January 2024, the on-chain monthly transaction volume of Bitcoin reached a new record of $1.21 trillion for the past twelve months. It's noteworthy that throughout 2023, this figure did not exceed $1 trillion, typically fluctuating between $500-600 billion.

Manta, a modular L1 blockchain launched in September 2023, has clinched the 9th position in the list of top projects by Total Value Locked (TVL). With $468 million, it has outperformed rivals such as Sui, Cardano, and Base. Despite this achievement, the trading activity on its DEX remains relatively low ($4.6 million).

Crypto company Telcoin has completely compensated its users for losses ($1.2 million) incurred from an application breach at the end of 2023 due to a technical vulnerability. The issue originated from a flawed Polygon wallet implementation, but it did not compromise administrative keys.