Category: Latest news
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BitDAO suspects Alameda of dumping BIT tokens, asks for proof of funds
[ad_1] BitDAO (BIT)suspected FTX founder Sam Bankman Fried’s venture capital firm Alameda Research of breaching an agreement made in 2021 and selling its 100 million BIT tokens, causing BIT to plummet. The DAO community asked Alameda to prove that it still owns its BIT tokens, and Alameda responded by transferring over 100 million BIT tokens…
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Nearly $300M liquidated in 12 hours as market turns red
[ad_1] As the market took a tumble over the past 12 hours, total liquidations reached $294.78 million, Coinglass data shows. Total liquidations over the past 24 hours stood at $339.29 million at the time of writing. The crypto market took a turn for the worse when FTX token (FTT) began losing its value rapidly after…
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FTX’s FTT risks drastic fall as tokens flood exchanges
[ad_1] Glassnode data, as analyzed by CryptoSlate, shows that around 50 million FTX’s FTT tokens have been dumped on exchanges following Changpeng Zhao’s announcement that Binance would liquidate its FTT position over the coming months. Source: Glassnode Around 23 million FTT tokens ($584.8 million) were transferred to Binance on Nov. 6. CZ confirmed that these…
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Palantir’s US commercial customers increased 124% year-over-year in Q3
[ad_1] Data analytics software company Palantir’s third-quarter earnings report showed that the company’s revenue increased by 22% year-over-year, mostly thanks to the U.S. Military, while its U.S.-based commercial customers increased by 124%. According to the Nov. 7 release, Palantir’s total revenue reached $477.9 million, compared to $392.1 million a year ago, and the company’s entire…
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LBRY tanks 35% as US court declares it security
[ad_1] A U.S. court has ruled in favor of the Securities and Exchange Commission (SEC) in its case against LBRY, as it ruled that the blockchain network offered its LBC token to investors as a security. We lost. Sorry everyone. — LBRY 🚀 (@LBRYcom) November 7, 2022 According to the Nov. 7 judgment, Judge Paul…
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FTX’s FTT on verge of potential sell-off after Binance liquidates FTT holdings
[ad_1] The biggest news in the cryptoverse for Nov. 7 includes Bitcoin mining difficulty’s decrease by 0.19%, Binance’s decision to liquidate all its FTT holdings, and FTX CEO Sam Bankman-Fried’s assurance that the exchange is not going bankrupt. CryptoSlate Top Stories Bitcoin mining difficulty barely adjusts downward by 0.19% as miner pressure continues Bitcoin’s (BTC)…
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Square Enix joins Cross The Ages Metaverse as strategic investor
[ad_1] Renowned blockchain gaming firm, Cross The Ages (CTA), has announced Square Enix, a role-playing video gaming company, as a strategic investor in its project. Square Enix, with this development, joins the growing list of investors, including Ubisoft and Animoca Brands, who have embraced the gaming project. With the addition of Square Enix, CTA will…
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CryptoSlate, Crypto Briefing onboard Access Protocol Ecosystem to leverage Web3 Paywall
[ad_1] With over 1.5 million combined monthly users, CryptoSlate and Crypto Briefing have become the latest participants to join Access Protocol Web3 Paywall. Both publications can make use of Access Protocol’s content paywall system. As a result, the new entrants join Wu Blockchain and The Block as initial ecosystem participants. What can Access Protocol offer…
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Silk Road Bitcoin worth $3.36B officially seized by DOJ after 10 year investigation
[ad_1] The U.S. Attorney has announced that the Department of Justice has seized $3.36 billion in Bitcoin in connection with the 2012 Silk Road fraud. A press release issued on Nov. 7 stated that “Over 50,676 Bitcoin Hidden in Devices in Defendant JAMES ZHONG’s Home” has been taken into custody following Zhong’s conviction at trial…
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Hoskinson’s Twitter proposal for Cardano-Dogecoin tie-in snubbed by Reddit mods
[ad_1] Moderators of the Dogecoin subreddit removed a post by Cardano founder Charles Hoskinson on a proposal to utilize both cryptocurrencies in a decentralized Twitter. Hoskinson said he remains “optimistic about a solid dialogue,” despite the snub. He also intends to “reach out to a few people” to advance discussions of the proposal. Dogecoin and…