Crypto News Daily – Dec 28, 2022

Last Updated on December 28, 2022

Cardano (ADA) Extremely Undervalued? On-Chain Data Suggests So:
https://newsbtc.com/news/cardano/cardano-ada-undervalued-on-chain-data/

Bitcoin hash rate falls 13% in one day, mining difficulty estimated to drop 10%:
https://cryptoslate.com/bitcoin-hash-rate-falls-13-in-one-day-mining-difficulty-estimated-to-drop-10/

Bitcoin cumulative transfer volume exceeds $100 trillion milestone:
https://cryptoslate.com/bitcoin-cumulative-transfer-volume-exceeds-100-trillion-milestone/

Crypto Exchange Kraken to End Japan Operations:
https://www.coindesk.com/business/2022/12/28/crypto-exchange-kraken-to-end-japan-operations
One month after cutting 30% of its global workforce, Kraken said it will exit Japan at the end of January.

Executives from $1.5B South Korean crypto exchange fraud jailed:
https://cointelegraph.com/news/executives-from-1-5b-south-korean-crypto-exchange-fraud-jailed

Midas Investments close down amid $63M DeFi portfolio deficit:
https://cointelegraph.com/news/midas-investments-close-down-amid-63m-defi-portfolio-deficit

FTX Customers File Class Action Against Defunct Exchange, andTop Executives:
https://cryptopotato.com/ftx-customers-file-class-action-against-defunct-exchange-top-execs-report/

Addresses Linked to Alameda Research Swapping ERC20 Tokens for Bitcoin:
https://cryptopotato.com/addresses-linked-to-alameda-research-swapping-erc20-tokens-for-bitcoin/