Category: Latest news
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Osmosis making enhancements to order book specific layer one network, Sei
[ad_1] Osmosis announced enhancements to its first order-book-specific layer 1 blockchain, Sei Network, to optimize on-chain order-book activity and trading via a Twitter thread published Oct. 31. Osmosis is a DEX protocol that leverages smart contracts to price crypto assets in liquidity pools and exact trades between users. The Sei Network enables decentralized applications to…
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Aptos-based DeFi protocol Arco offers refund option after IDO issues
[ad_1] Aptos-based (APT) DeFi protocol Arco has asked the community to determine its fate after a failed initial DEX offering (IDO) on Oct. 29 resulted in issues for the protocol. According to an announcement by the team, the protocol had network congestion because over 300 people deposited on it simultaneously, and there was a delay…
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Mixed performance sees BNB lead large caps
[ad_1] Since the last wMarket report, the cryptocurrency market cap saw net inflows of $46.24 billion to $1,027 billion from $980.76 billion as of press time, up 4.7% over the reporting period. Since Oct. 28, Bitcoin’s market cap has increased 8.9% to $397.9 billion from $365.4 billion. Meanwhile, Ethereum’s market cap increased by 7.5% to…
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One year on from Crypto.com’s Matt Damon commercial, CRO outperformed Bitcoin
[ad_1] The infamous Matt Damon, Fortune Favors the Brave advert for Crypto.com reached its first birthday this week. A Reddit user, u/gnarley_quinn, compiled a list of the significant Crypto.com advertising campaigns since the Matt Damon commercial launched in October 2021 and aligned it with the price of the native CRO token. When the Matt Damon…
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Vitalik Buterin believes crypto still ‘needs time to mature’ before mainstream adoption
[ad_1] Following the ongoing debate around crypto regulation, Ethereum founder Vitalik Buterin joined the discussion in a series of Twitter posts over the weekend. FTX CEO Sam Bankman-Fried has been the subject of much criticism over his views on DeFi regulation. Buterin decided to share his thoughts after stating that it “feels unfair to let…
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Weekly MacroSlate: Have U.S. treasury yields and the DXY topped for this cycle? Big miss for big tech as Bitcoin holds steady at $20k
[ad_1] Macro Overview Further pressure on BOJ and the Yen In previous MacroSlate reports, Japan has been at the front and center of discussion and controversy regarding its fiscal and monetary policy. On October 28, Japan’s CPI inflation rose to 3.5% (YOY) for October, a 31-year high, making life more difficult for the BOJ. The…
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Why this crisis spells trouble for Rolexes and real estate
[ad_1] With the 14th anniversary of the Great Financial Crisis of 2008 approaching, we are about to enter a new debt cycle that could reset the market. Navigating upcoming crises requires a deep understanding of how all previous debt crises worked and why they happened. Ray Dalio, the founder and chairman of Bridgewater Associates, was…
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Ethereum censorship debate heats up as censored blocks hit 65%
[ad_1] The founder of Gnosis Safe, Martin Koppelmann, took to Twitter to debate the importance of reviewing the state of censorship on the Ethereum blockchain. Koppelmann stated, “there is no wide agreement that this needs to be fixed.” However, several responses debated Koppelmann’s thesis, commenting, “the amount of blocks processes by OFAC censored is misleading.”…
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Binance to set up blockchain team for Twitter after $500M investment; Terra collapse sparked BTC supply growth
[ad_1] The biggest news in the cryptoverse for Oct. 28 includes Binance making a $500 million contribution to Elon Musk’s Twitter deal, Ethereum outperforming other Layer-1 networks, deBridge introducing a new standard for cross-chain transfers, and Wisdom Tree recording a loss of about 36% in crypto assets in the third quarter. CryptoSlate Top Stories Binance…
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Wisdom Tree takes 36% loss in crypto assets in Q3
[ad_1] Investment management firm Wisdom Tree reported a 36% decline in its crypto holdings, which slid to $178 million at the end of the third quarter. In an earnings report filed with the SEC on Oct. 28, Wisdom Tree said its total asset under management fell 4.6% to $70.9 billion, while it recorded a $1.7…