Category: Latest news

[ad_1] Tesla CEO Elon Musk hinted that “shit” brings money in the early hours of Nov. 4, which led  Shiba Inu (SHIB) and Dogecoin (DOGE) to increase by 8.3% and 3.09%, respectively. Dogecoin creator Billy Markus tweeted that he doesn’t think Twitter can be monetized easily, whereas Musk responded by using emojis to imply that…

[ad_1] The biggest news in the cryptoverse for Nov. 3 includes the private conversation Korea obtained that proves Kwon purposely manipulated the LUNA price, the reveal of China’s $6 billion worth of crypto reserves, and Stripe’s decision to downsize by 14%. CryptoSlate Top Stories Korean authorities reportedly have proof of Kwon’s LUNA price manipulations Korean…

[ad_1] Fantom (FTM) is up 24% over the last 24 hours to $0.27 amid rumors that DeFi trailblazer Andre Cronje is returning to the industry. The price movement continues the asset’s recent upward trend, which had seen it rise by 25% in the last seven days and over 20% in the previous 30 days. FTM…

[ad_1] Web3 communications protocol company, WalletConnect, announced raising $12.5 million in an ecosystem round, with participation from Shopify, Coinbase Ventures, ConsenSys, Circle Ventures, Polygon, Uniswap Labs Ventures, Union Square Ventures, 1kx, HashKey, Foresight Ventures, and others. We at WalletConnect are thrilled to announce that we have raised $12.5 million in an ecosystem round aimed at…

[ad_1] Korean prosecutors have obtained proof that Do Kwon purposely manipulated Terra’s (LUNA) market price, as announced by crypto influencer @FatManTerra. Citing the local news sources, FatManTerra said the prosecutors obtained a private conversation between Kwon and one of his employees, where Kwon ordered LUNA’s market price to be manipulated. Even though prosecutors didn’t disclose…

[ad_1] Payments processor Stripe laid off 14% of its workforce — over 1,100 employees, CEO Patrick Collison announced in an email on Nov. 3. Collison attributed the layoffs to two “mistakes” by the leadership team — overestimating 2022 growth prospects and increasing operating costs. He wrote: “We were much too optimistic about the internet economy’s…

[ad_1] Geopolitical Analyst Nick Giambruno called Nigeria’s eNaira project a “massive failure” while saying the outcome has not been “what the elites hoped for.” The eNaira launched on Oct. 25, 2021, with President Muhammadu Buhari saying Africa’s first Central Bank Digital Currency (CBDC) would “increase remittances, foster cross-border trade, improve financial inclusion and enable the…

[ad_1] Cloud service provider Hetzner has stopped providing its services to Solana (SOL) validators, according to a screenshot shared by stake pool operator SolBlaze on Nov. 2. 🚨⚠️ Hetzner just kicked off all @solana nodes hosted on their infrastructure. ⚠️🚨 Over 20% of stake weight on mainnet-beta is delinquent, with thousands of validators offline. If…

[ad_1] Meta has announced an end-to-end toolkit allowing Instagram users to mint NFTs on the Polygon (MATIC) blockchain and sell them on social media. The move has made MATIC one of the best-performing digital assets in the last 24 hours, rising by over 10% to $0.95. Meta turning Instagram into an NFT marketplace According to…

[ad_1] The biggest news in the cryptoverse for Nov. 2 includes Saylor saying that Bitcoin is winning over gold and other major asset classes, JPMorgan executing its first DeFi transaction, EU’s MiCA targeting crypto influencers, and Ethereum outperforming Bitcoin post-merge. CryptoSlate Top Stories Saylor says ‘Bitcoin is winning,’ deems gold a 19th century solution as…