Category: Latest news

[ad_1] Picture this: Hollywood, bathed in its iconic golden glow, sitting on the precipice of transformation. The mecca of films, respected globally for its unparalleled cinematic genius, is now poised for a dramatic transition. While tales of glitz and glamor echo through its boulevards, a powerful change agent, Web3, stands ready to catalyze a new…

[ad_1] OpenSea, one of the leading NFT marketplaces in the burgeoning world of blockchain-based digital collectibles, has confirmed significant organizational and operational changes that include the layoff of approximately 50% of its staff. The move is part of a strategic shift towards a more agile and innovative approach to its marketplace, according to OpenSea co-founder…

[ad_1] The U.S. Supreme Court announced Nov. 3 that it will review a contentious case involving cryptocurrency exchange Coinbase and a dispute with its users over a Dogecoin sweepstakes, Bloomberg News reported. At the heart of the matter is Coinbase’s endeavor to shift the dispute with its users from the public court system into private…

[ad_1] The post Decoding the economic signals of an un-inverting yield curve appeared first on CryptoSlate. [ad_2] Source link

[ad_1] Quick Take The recent data analysis illuminates an intriguing trend: a return to growth in the supply of the top five stablecoins – USDT, USDC, BUSD, TUSD, and DAI – after a period of contraction. In the wake of the 2021 bull run, the aggregate supply of these stablecoins skyrocketed from a modest 25…

[ad_1] Web3 has shown signs of resurgence in this ‘Uptober,’ according to DappRadar’s latest industry report, suggesting the dApp market may have finally found its footing after a long bearish trend. The analysis points towards a potentially imminent bull run, as crucial metrics have either stabilized or recorded growth. Chain Unique Active Wallets (Sep) Unique…

[ad_1] Valkyrie Chief Investment Officer (CIO) Steven McClurg told ETF.com on Nov. 2 that regulators could approve a spot Bitcoin ETF by the end of the month. McClurg said that he expects the U.S. Securities and Exchange Commission (SEC) to send a second request for comments to various spot Bitcoin ETF applicants in the coming…

[ad_1] Several major banks across the United States are currently experiencing deposit delays, according to a report from CNN on Nov. 3. That report suggests that Bank of America, Chase Bank, US Bank, Truist Bank, and Wells Fargo are among the banks that have experienced issues. The issue concerns the Automated Clearing House (ACH), U.S.…

[ad_1] Perpetual futures are a unique derivative product in the crypto market. Unlike traditional futures contracts, which have a set expiration date, perpetual futures have no expiration and aim to mimic spot market prices. They achieve this through a mechanism known as the funding rate, which ensures that the futures price stays in line with…

[ad_1] The U.S. Department of the Treasury and its Office of Foreign Assets Control (OFAC) sanctioned a Russian businesswoman on Nov. 3. The agency said that Russian national Ekaterina Zhdanova helped the country’s elites launder and move funds using virtual currency and other methods. The Treasury said that Zhdanova used virtual currency to perform large…