Non-Fungible Tokens (NFTs). India recorded the second-highest number of cryptocurrencies users worldwide during the year, and India-based crypto exchange platforms attracted millions of users, with CoinSwitch alone amassing over 15+ million of them. The crypto market fluctuated as well. While expected, given the market’s volatile nature, the fluctuations were often triggered — to a large extent — by the actions of celebrities, tech titans, industry leaders, and artists, and that was new. These influencers impact the crypto market with their support for digital currencies and often use social media to promote them. And following them can be useful for investors as well.
Presented ByDid you Know?
A statue honouring mysterious Bitcoin founder Satoshi Nakamoto was unveiled in a business park near the Danube River in the Hungarian capital Budapest
View Details »Here’s a list of the seven most influential people in crypto in 2022:
Samuel Bankman-FriedIn the cryptocurrency space, Samuel Bankman-Fried (SBF) has made many significant contributions. To begin with, he founded FTX, a cryptocurrency and derivatives exchange, in 2019. The company has quickly grown to become the sixth-largest by volume, with a $3.5 billion valuation. SBF is also regarded as one of the pioneers of crypto–sports collaboration. The Miami Heat signed a long-term deal with FTX, and the team’s stadium was renamed FTX Arena. FTX also became Major League Baseball’s (MLB) official cryptocurrency exchange, giving crypto yet another major push into the mainstream. An MIT graduate and the founder of Alameda Research as well, SBF is currently the richest crypto billionaire, with a net worth of $22.5 billion. He is also the richest person under 30 since Mark
Read more on economictimes.indiatimes.com