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BNB Chain DeFi ecosystem recovers almost one-third in three months
2.11.2022
On the DeFi side of things, BNB Chain suffered a 93% decrease from Q3 of 2021 but has since shown signs of steady recovery
Publicly-Listed Bitcoin Miner Argo Blockchain’s Stock Gets Downgraded, Firm Offloads Close to 4,000 Bitmain Miners
2.11.2022
On Oct. 31, 2022, the publicly-listed bitcoin miner Argo Blockchain revealed the firm’s attempt to obtain $27 million in a scheduled financing deal fell through. According to the company’s October update, Argo said it did not believe the deal “will be consummated”...
BTC miner CleanSpark scoops up thousands of miners amid 'distressed markets'
2.11.2022
CleanSpark bought over 3,800 mining machines at $15.50 per terahash – far below the current market price of $22.94 and an 85.4% discount from the all-time high costs of $106.62 in Dec. 2021
New Blockchain Security Stats: $3 Billion Worth of Crypto Stolen in 2022 – Here’s What You Need to Know
1.11.2022
A massive $3bn worth of crypto has been stolen by hackers so far in 2022, with over $760m grabbed in October alone, a security firm has said.
The significant losses due to hacking and protocol exploits was reported by the blockchain security company PeckShield on Twitter on Monday, with the firm...
Battle Infinity Blockchain Game Launches Warrior Program – Earn Free Money Every 24 Hours?
1.11.2022
Battle Infinity, an exciting fantasy sports game, recently announced a new initiative to boost engagement. And community members can now sign up to earn money daily.
Last week, Battle Infinity’s developers announced the launch of the Warrior Program. According to the announcement, players...
Following the Great UST Collapse, a Defi Project Plans to Launch a ‘Soft-Pegged Stablecoin’ Built on Terra
1.11.2022
Following the Terra stablecoin collapse last May, the Terra blockchain ecosystem has another stablecoin concept in the works called “Solid.” The stablecoin Solid and its white paper were revealed by a decentralized finance (defi) project, Capapult Finance, and the idea has been dubbed...
Bitcoin Miner Argo Blockchain Loses More Wall Street Bulls After Financial Woes
1.11.2022
Two analysts downgraded their recommendation on Argo's shares
Gamestop NFT Marketplace Is Now Live on Immutable X, Market Features Web3 Games
1.11.2022
After announcing the non-fungible token (NFT) marketplace seven months ago, the American consumer electronics and gaming merchandise retailer, Gamestop, has officially launched the company’s NFT market on Immutable X. In addition to NFTs, Gamestop’s marketplace also features Web3 gaming with games...
The Sandbox Active Daily Users at Rock Bottom – New Trending Blockchain Game Calvaria Has a Fix
1.11.2022
The Sandbox price is on the rise, having gained over 20% in the last seven days to trade at the $0.89 level. In October, The Sandbox celebrated the conclusion of Sandbox Alpha Season 3 with a massive celebration, but that wasn't the only big way the network said goodbye. ...
Read More: The Sandbox...
Department of Justice Revamping Investigations into Tether USDT – Here’s What You Need to Know
1.11.2022
The US Department of Justice has revamped a probe into whether Tether’s executives committed bank fraud in the early days of the stablecoin.
According to a Bloomberg report, the investigation has been transferred to another team within the DOJ and is now directed by US Attorney Damian Williams...
Huobi Crypto Exchange Denies Mass Layoffs and Exec Resignations
1.11.2022
Major crypto exchange Huobi Global has denied mass layoff claims and allegations that two of its top executives have resigned.
In a tweet on October 29, prominent Chinese journalist Colin Wu claimed that the company’s CEO Leon Li and chief financial officer Chris Lee have resigned. Citing people...
Vitalik Buterin Says Crypto Is a ‘Better Bet’ Than ‘Incredibly Inconvenient’ Gold
1.11.2022
The Ethereum blockchain co-founder, Vitalik Buterin, insisted in a recent tweet that crypto is a better bet than gold, which is not only inconvenient, but difficult to use as well. While Buterin asserts that such characteristics make gold less appealing, some crypto opponents argued that gold...
Investment in Crypto Hits a New Low – How Much was Raised?
31.10.2022
Venture capital investments in crypto companies hit its lowest level for the year in the third quarter, but still remains well above a 7-year average for the industry.
According to data from Galaxy Digital, venture investments into the crypto space in the third quarter reached $5.5bn, still $2bn...
Blockchain Startup Chain Inks Web3 Sponsorship Deal With Miami Heat
31.10.2022
Chain recently signed a similar partnership with the New England Patriots
Report: Deleted Files Indicate Crypto Lender Hodlnaut’s Execs Gave Little Weight to Terra Luna Exposure
31.10.2022
According to a report, the embattled crypto lender Hodlnaut saw a significant loss from the Terra blockchain collapse last May. The report notes that Hodlnaut downplayed the company’s exposure to the Terra ecosystem and allegedly lost $190 million from the incident. Report Says Hodlnaut...
Bitcoin, not blockchain: Synonym launches mobile BTC wallet
31.10.2022
The new mobile wallet, called Bitkit, was unveiled at the PlanB Forum conference in Lugano, Switzerland on Oct. 29
Sam Bankman-Fried to Step Back from Crypto Lobbying and Let ‘Crypto Twitter’ Take Charge
31.10.2022
Sam Bankman-Fried, the outspoken CEO and founder of major crypto exchange FTX, has offered what he calls his "final thoughts" on the optimal lobbying strategy for the crypto and blockchain industry that could pave the way for more industry-friendly regulation in the U.S. At the same time,...
Crypto News Summary: Asian Banking Giant Joins Singapore’s CBDC Effort, Hong Kong to Launch Crypto ETF, Argo Blockchain May Be Forced to Shut Down
31.10.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Crypto News Summary: Asian Banking Giant Joins Singapore’s CBDC Effort, Hong Kong to Launch Crypto ETF, Argo Blockchain...
UN Says Terrorists Are Funding Activities Through Crypto Transactions
31.10.2022
Terror organizations are increasingly turning to cryptoassests to fund their activities, said United Nations (UN) officials.
During the UN’s Counter-Terrorism Committee (CTC) meeting in India on Friday and Saturday, the officials discussed the "threats and opportunities related to new payment...
Billionaire Coinbase CEO has Just Made This Crypto Prediction – Will it Happen?
31.10.2022
Coinbase CEO Brian Armstrong has forecasted that Bitcoin will become a serious flight-to-safety asset within the next five or 10 years.
In an episode of Coinbase’s Around the Block podcast, titled "The State of Crypto and Where It’s Headed with Pomp," said the flagship cryptocurrency's market...