Total cryptocurrency-related scam revenue for 2022 is currently $1.6 billion, 65% lower than it was through the end of July in 2021, and this decline appears to be linked to declining currency prices.

ZorroSign, a global provider of multi-chain blockchain-based digital signature solutions, has announced the launch of its next-generation platform, with new features, security, compliance, and system updates for its UAE and Global subscribers.

Everdome, the most hyper-realistic metaverse, has announced that GEM Digital Limited (GEM), a Bahamian-based digital asset investment firm that sources, structures, and invests in utility tokens listed on over 30 CEXs and DEXs around the world.

During Q2 2022, Distributed Denial of Service (DDoS) attacks reached a new high as the proportion of smart attacks and average duration increased dramatically. The average duration of a DDoS attack increased 100 times over the previous year, reaching 3,000 minutes. Smart attacks nearly broke the four-year record, accounting for nearly half of all attacks.

According to MarketsandMarkets, the market size for cryptocurrencies is projected to increase from USD 1.6 billion in 2021 to USD 2.2 billion in 2026, at a CAGR of 7.1%. Transparency, distributed ledger technology, and raised venture capital expenditures are some primary reasons driving industry expansion.
With cryptocurrencies gaining popularity, it is essential to understand what they are and how to use and store them to invest in any of these blockchain-based coins.