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2022 was a step backward for the crypto currency industry. Multiple firms collapsed and the overall trust declined in the ecosystem As a result, the funds flowing into the assets also registered a significant decline. A recent report from Messari emphasized that crypto funding took a “massive hit” in 2022. The analytics platform noted that the capital inflows shrunk from $8 billion to $1.4 billion last year. In 2022, a total of 112 funding rounds happened, noting an outright dip from 2021’s 287. Data suggests that over the past 30 days, funds have flown into CeFi-related projects. This sector registered an increase in funding by 323% in the timeframe. On the contrary, there was not much interest noted with respect to DeFi, Web3, and NFT projects. On the 180-day period, DeFi’s wounds were the deepest, for capital invested into the space noted a free fall of 91.6%. Crypto funding took a massive hit in 22' dropping to $1.4B across 112 rounds, compar...

Following the fallout of FTX, implementing zero fee BTC trading and some notable global acquisitions Binance’s market dominance has surged throughout 2022. During a year plagued by crises such as the collapse of FTX and Celsius, data shows that crypto exchange Binance has emerged as the clear “winner” of 2022 according to Arcane Research. A Jan. 3 report from Arcane highlighted that Binance saw its market dominance soar throughout 2022. As of Dec. 28 last year it had captured 92% of the Bitcoin (BTC) spot market and 61% of the BTC derivatives market by volume: “There are no other evident ‘winners’ of 2022 other than Binance when it comes to the crypto market structure and market dominance. No matter how you look at it in terms of trading activity, Binance is the crypto market.” Binance’s BTC spot market dominance was 45% at the start of 2022 meaning that it more than doubled, while its share of the BTC derivatives market increased by almost one third. Real BTC daily volume vs Binanc...