Around 118,000 scam tokens were developed in 2022, affecting about 2 million people worldwide. Also, malware and ransomware attacks have increased.
Analysts detected anomalies in Binance’s proof of reserves, while the US Department of Justice could file charges against its managers.
FTX hurt the cryptocurrency market this November 2022, and the most relevant updates this month are closely related to the domino effect that caused its fall.
The movement of the stolen funds from FTX affected the price of ETH. However, institutions and crypto whales have seen an opportunity in the bear market.