We scrolled through our entire news feed and highlighted the main points in the crypto chronicle.
JANUARY
Bitcoin starts 2023 with a low start at $19,000 per coin. Fugitive Terra Lab owner Do Kwon complained about scammers to the FBI, and Microsoft invests $10 billion in OpenAI.
FEBRUARY
Despite losses of $13.7 billion, Zuckerberg will continue developing the Metaverse. Rehab centers for crypto addicts opened in Europe, and after the FTX crash, crypto projects refused to advertise at the Super Bowl. One significant event was Hong Kong opening up for crypto investments.
MARCH
The first month of spring marked a wave of bank failures: Silvergate, Silicon Valley Bank, followed by Swiss Credit Suisse. The Federal Reserve allocated up to $2 trillion to save the banking system. Do Kwon was arrested in Montenegro, and Binance employees helped Chinese users bypass KYC in anonymous chats.
APRIL
Trump earned $1 million from selling his NFTs, and the House of Representatives called the SEC chief on the “carpet” for his antics in the crypto market, while the EU approved regulation of digital assets (MiCA).
MAY
A fake photo of the Pentagon explosion briefly crashed the stock market. The March bank collapse ended with American First Republic Bank coming under the management of JPMorgan. Democrats and Republicans agreed, avoiding a default, and Neuralink conducted human trials of its implant.
JUNE
Apple presented the unnecessary AR/VR headset Vision Pro, and North Korean hackers stole $3 billion in crypto assets for their nuclear program. Binance faced troubles in Europe, and BlackRock applied for a spot bitcoin fund with the SEC. Zuckerberg and Musk agreed on a joint UFC sparring.
JULY
Meta launched a failed Twitter alternative, which Musk renamed to X. The American court, defying the SEC, did not recognize XRP as a security, and a global strike began in Hollywood due to AI.
AUGUST
PayPal released the PayPal USD stablecoin, SEC plays drama with postponing ETF applications, and the Pentagon accelerated the AI implementation program in the defense industry.
SEPTEMBER
A Chinese court recognized virtual assets as legal property, Huobi changed its name to HTX, and a song written by AI was nominated for a Grammy in the “Song of the Year” category.
OCTOBER
The trial of SBF began, Mastercard reported successful CBDC testing, and Microsoft closed a deal with Activision for $69 billion. On Halloween, FUD from Cointelegraph temporarily crashed the crypto market.
NOVEMBER
SBF found guilty, bitcoin jumped to $35,000, crypto exchange Bullish buys Coindesk, and Sam Altman, CEO of OpenAI, was unexpectedly fired and then reinstated a week later. The tragicomedy with Binance reached its climax: CZ admitted to authorities the exchange’s violations, resigned as CEO, and introduced his successor Richard Teng.
DECEMBER
Bitcoin’s rapid ascent to $44,000, Tesla released Cybertruck for sale, Google launched the AI-bot Gemini, and the Ledger wallet was seriously compromised.
