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NFT Markets Rebound With 18% Rise to $106M; Bitcoin NFTs Take Second Place Under Ether’s Lead
5.11.2023
Between October 29 and November 5, 2023, sales of non-fungible tokens (NFTs) rose by 18.30% compared to the week before, reaching a high of $106.32 million. This week’s NFT statistics reveal an uptick in activity, with the number of buyers and sellers climbing by 17.77% and 15.82%...
DeFi Protocol SafeMoon Still Running Despite Securities Violations
3.11.2023
Decentralized finance (DeFi) protocol SafeMoon has addressed the recent litigation by the United States Securities and Exchange Commission (SEC), expressing its intent to seek a resolution. We are reviewing the recent news and we of course take these issues extremely seriously. As we receive more...
Blockchain Integration: A16z-Backed Cryptocurrency Index Platform Unveils V2
3.11.2023
Alongside, a cryptocurrency index platform backed by venture capital giant Andreessen Horowitz (a16z), has launched its V2, aiming to take a decentralized approach to crypto investments using blockchain technology. The startup will allow crypto investors to gain exposure to a basket of the top...
Is Worldcoin Going to Zero? WLD Price Tumbles 6.2% as 1-Hour Countdown Begins for New Coin’s Price Increase
2.11.2023
Worldcoin (WLD) price has tumbled -6.2% as traders take a quick exit on the iris biometric-linked decentralized identity token – leaving some bag-holders asking ‘is Worldcoin going to zero’? Yet, the downside price action comes amid signs of growing success for the controversial...
Major Token Unlocks in November: Aptos, Avalanche, Hashflow Take the Spotlight – Huge Sell-Off Incoming?
2.11.2023
November is seeing a wave of token unlocks from leading crypto projects, including Aptos, Avalanche, and Hashflow, which will dump over $320 million worth of tokens on the market. Among them, Aptos, a layer-1 blockchain project led by former Meta executives, will witness the most substantial token...
Binance to Perform Wallet Maintenance, Announces Temporary Suspension on Bitcoin Withdrawals
2.11.2023
Crypto exchange behemoth Binance is set to conduct wallet maintenance for the Bitcoin (BTC) network on Friday. According to a company update, the exchange will temporarily suspend BTC withdrawals on Nov. 3 until the maintenance is complete. The wallet maintenance is expected to take about...
The Prosecution and the Defense in SBF Trial Face-off during Closing Arguments
1.11.2023
Defense attorney Mark Cohen claimed the prosecution in the trial of FTX founder Sam Bankman-Fried “has sought to turn Sam into some sort of monster.” The defense likened the prosecution’s characterization of Bankman-Fried as a villain in a movie while failing to take “a...
Crypto VC Investments Continue to Take a Hit, Drop Another 10% MoM
1.11.2023
There has been a significant decline in publicly disclosed investment projects by crypto venture capitalists (VCs) during the month of October. Data from RootData indicate a 10% month-on-month decrease, with only 75 investment projects recorded compared to 83 projects in September 2023, as reported...
Destiny 2 Maker Bungie Latest PlayStation Studio To Cut Staff
30.10.2023
Bungie is the latest PlayStation studio to face layoffs. While the scale of the cuts wasn’t immediately apparent, multiple, now-former staff members began posting on social media on October 30 that they’d been let go by the beloved Destiny 2 maker. Read more
Bitcoin Whales Take Charge as Number of $100K Transactions Surge
30.10.2023
The number of transactions of over $100,000 processed on the Bitcoin blockchain rose to a new year-to-date high last week
Fake Wallet APP Downloads and Malicious Backdoors are Leading Causes of Crypto Loss: Bitrace
30.10.2023
One of the leading causes of loss of crypto assets is the download of fake wallet applications from search engines. Fraudsters take advantage of search engine optimization (SEO) and search engine marketing (SEM) techniques to promote phishing links that lead to counterfeit wallet apps with...
Binance Appoints New Regional Head for Eastern Europe and Central Asia
28.10.2023
Binance’s General Manager for Central and Eastern Europe, Kyrylo Khomiakov, will take responsibility for Central Asia as well. His promotion comes after the crypto exchange’s top executives in the region left the company last month, part of a string of executive exits at Binance this year. Kyrylo...
Meme Coin Mania: Will NUGX Take on Dogecoin (DOGE) and Shiba Inu (SHIB)?
28.10.2023
TLDR NuggetRush (NUGX) combines real-world gold mining, cryptocurrency, and digital gaming to form an immersive P2E platform. Dogecoin (DOGE) has experienced a roller coaster in 2023, but it has finally started rising amid Bitcoin’s (BTC) abrupt surge. For most of 2023, Shiba Inu (SHIB) faced...
Kraken Appoints Fintech Entrepreneur Bivu Das as New UK Managing Director
27.10.2023
Kraken appoints Bivu Das, an ex-Starling Bank executive, as a UK corporate representative to drive business expansion in the strengthening UK regulatory environment. On October 27, the prominent cryptocurrency exchange Kraken announced that Bivu Das, a fintech entrepreneur and former Starling Bank...
Idle and Clearpool take Yield Tranches to Optimism
26.10.2023
Idle Finance has announced that Yield Tranches is now on the OP Mainnet. It has achieved the feat in association with Clearpool, making Optimism the third network after Ethereum and Polygon zkEVM to host Yield Tranches. This marks the debut of enhanced unsecured institutional liquidity on Optimism....
Gary Gensler teases details of SEC's $5 billion take from enforcement actions, shades crypto
26.10.2023
Gensler revealed that the SEC took 780 enforcement actions, including 500 standalone cases, and distributed $930 million to harmed investors
Shiba Inu Price and Top Meme Coins Pump, Sponge Up 26% With Staking Set to Launch in 6 Days
26.10.2023
Thursday, October 26, 2023 – Meme coin $SPONGE’s price is up 26% in the past seven days to $0.000117 after announcing the introduction of staking, to take place on November 1st. With only six days to go, the staking news is attracting buyers to the Sponge project, which was created as...
China Aiming for International Digital Yuan Expansion – e-CNY Going Global?
26.10.2023
There are clear signs China wants to take the digital yuan, its CBDC, into the global arena – with CIPS and BRI integrations in the pipelines. Per Alpha Factory (via EastMoney), fintech firms such as MOG Digitech Holdings are making headway in the CBDC sector, and are eyeing global uses...
Former FTX CEO Sam Bankman-Fried to Give Testimony in Court Today: What Will He Say?
26.10.2023
Sam Bankman-Fried , the disgraced founder of crypto exchange FTX, is set to testify in court today. During a teleconference on Wednesday, Bankman-Fried’s lawyer Mark Cohen confirmed that his client will take the stand on Thursday, according to a report by The Associated Press. It is expected...
Dogecoin, Shiba Inu Jump 9% as Crypto Traders Take Riskier Bets
26.10.2023
The two popular meme coins have mostly underperformed crypto majors in the past week