The cryptocurrency market cap saw net inflows of $1.1 billion over the last 24 hours and currently stands at $832.1 billion, up 0.14% over the reporting period.

The top cryptocurrency crowdfunding platform, Coinlist, is unable to withdraw its coins. Recently as per the WuBlockchain <a rel="nofollow" href="https://twitter.com/WuBlockchain/status/1595751967581933570">tweet</a> some of the Conlist community members reported that the <a href="https://coingape.com/glossary/cryptocurrency-5/">cryptocurrency</a> crowdfunding platform, Coinlist is unable to withdraw its coins. As per Coinlist the official reason is that the custody partner is undergoing maintenance, but it has lasted for more than a week. Notably, Coinlist suffers a $35 million loss as a result of the <a href="https://coingape.com/3ac-owes-2-36-billion-to-crypto-lender-genesis/">3AC</a> crash.

Demand for new ways of value storage is often connected to economic happenings and citizens taking matters into their own hands. In recent years, many people have been turning to cryptocurrency to find solutions to the current flawed financial system.

The largest whales on the Ethereum ($ETH) network have added over $1 billion worth of the second-largest cryptocurrency by market capitalization in a single day as they continue “rapidly” accumulating the cryptocurrency after its price dropped significantly.

Many cryptocurrency exchanges believe that the early adoption of digital currencies will help India gain an advantage in the steadily growing global cryptocurrency ecosystem.

Energy poverty is currently one of the major concerns of national governments, with first-world countries facing severe energy shortages. For example, a Eurostat report showed <a target="_blank" href="https://energy.ec.europa.eu/topics/markets-and-consumers/energy-consumer-rights/energy-poverty-eu_en">35 million European Union (EU) citizens</a>, accounting for 8% of the EU population, could not use house heaters during the 2020 winter. Furthermore, the Russia-Ukraine war and supply chain disruptions led to inflationary pressures, resulting in unaffordable energy prices.&nbsp;

Rathnakishore Giri, a 27-year-old investment manager living in New Albany, Ohio, was arrested on Friday on criminal charges for alleging running a cryptocurrency investment scam that raised at least $10 million from investors, according to a <a href="https://www.justice.gov/opa/pr/investment-manager-arrested-10-million-cryptocurrency-ponzi-scheme">Department of Justice press release</a>.

The Hideaways (HDWY) is a cryptocurrency platform for real estate that seeks to disrupt the industry standard model of real estate investing. Investing in traditional real estate requires a sizeable sum of money upfront and typically yields modest returns at the outset.

Most important concepts that you should be aware of in Cryptocurrency Markets.