Category: Latest news

[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.…

[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…

[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)…

[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…

[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…

[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…

[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…

[ad_1] Team Finance, a web3 infrastructure platform enabling businesses to secure tokens, suffered a hack that resulted in the loss of assets worth $14.5 million on Oct. 27, the firm tweeted. We have just been alerted of an exploit on Team Finance. We are currently unsure of the details. We urge the exploiter to get…

[ad_1] Binance‘s CEO Changpeng Zhao tweeted to warn that Google displays phishing websites when users search for CoinMarket Cap. Zhao said users who try to add smart contract addresses to their MetaMask wallets are the ones that get most affected by this error. Google displays phishing sites when users search CMC. This affects users adding…

[ad_1] The biggest news in the cryptoverse for Oct. 27 includes  Vitalik Buterin affirming that crypto is better than gold, FTX planning to create its stablecoin, Bitcoin mining firm Core Scientific on the verge of insolvency, and a user paying just $0.08 in fees to settle a transaction of over $500 million on the Bitcoin network.…