Author: e_cash_top

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[ad_1] Souffl3, a “smart trading” NFT marketplace and launchpad on the Aptos blockchain, has raised $2 million in its latest seed funding round, according to an announcement post on Oct. 28. Excited to announce Souffl3’s completion of $2 million USD seed round. Thank you @Cryptocom_Cap, @Synergiscap , @huobi_incubator, @VenturesM77, @J17Capital for your trust and support.…

Terra collapse sparked explosive growth in long-term Bitcoin supply

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in Uncategorized

[ad_1] The Terra collapse, in which $60 billion of value evaporated, has already gone down as a defining moment in cryptocurrency history. TerraForm Labs co-founder Do Kwon maintains the issue boiled down to weaknesses in the UST stablecoin protocol design. However, others have openly called out the project as a scam from the off. The…

Binance founder CZ confirms $500M equity investment to back Musk’s Twitter deal

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[ad_1] Binance founder Changpeng ‘CZ’ Zhao confirmed a $500 million equity investment in Elon Musk’s acquisition of Twitter Inc. CZ explained the investment as a move to bridge social media and web3 and spur the wider adoption of cryptocurrency and blockchain tech. He also described the investment as “a small contribution” to help Musk realize…

Ethereum price outperforms other L1 networks

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[ad_1] Ethereum’s (ETH) price performance has outperformed those of other leading layer1 networks in the last seven days, posting returns of over 10% against Bitcoin (BTC), according to data analyzed by CryptoSlate. Source: Glassnode According to the Glassnode data, only Ethereum and Polygon’s MATIC posted positive returns against Bitcoin during the week. Meanwhile, Solana (SOL)…

Costa Rican congresswoman proposes bill to regulate, recognize cryptocurrency

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[ad_1] Costa Rican Congresswoman Johana Obando proposed a bill titled “Cryptoassets Market Law (MECA),” to regulate and recognize cryptocurrency in the Central American country. The bill was proposed alongside Congressmen Luis Diego Vargas and Jorge Dengo, who also mentioned the government should not tax cryptocurrency profits generated from mining, but that profits from crypto trading…

US Trustee opposes Celsius’ $2.9M employee bonus plan

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[ad_1] The United States Trustee has opposed Celsius’s request to pay up to $2.9 million as retention bonuses to employees involved in the bankruptcy process. Celsius Network had filed a motion to implement a key employee retention plan (KERP) for 62 employees. It said that the employees are essential to its restructuring process and need…

Dogecoin continues impressive run as BTC, ETH flatlines

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[ad_1] The cryptocurrency market cap saw net outflows of $17.26 billion over the past 24 hours, pushing the total to $980.76 billion from $998.02 billion as of press time. The market cap fell by 1.68% over the last 24 hours. Over the reporting period, Bitcoin and Ethereum market cap decreased by 1.84% and 2.73% to…

MATIC up 23% over past month as addresses spike, coins leave exchanges en masse

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in Guides

[ad_1] Polygon has seen its price increase by 23% in the past 30 days, with MATIC spending the entire month of October in the green. After a devastating slump in June, MATIC has been on a slow and steady climb, reaching a high of $1.04 in mid-August. Community engagement, partnerships, new launches, and developer activity…

DeFi protocol deBridge to launch new standard for cross-chain transfers

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[ad_1] DeFi protocol deBridge is set to launch DeSwap Liquidity Network (DLN), allowing users to complete cross-chain transfers without all the associated risks of using a bridge network, according to a press statement shared with CryptoSlate. According to the press release, the DLN architecture enables limitless cross-chain value transfer with zero slippage and no need…

Team Finance loses $14.5M to smart contract bug exploit

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