Category: Latest news

[ad_1] Twitter user @0x_shake, who identified himself as the founder of the Solana-based Cyber Samurai NFT project, noted that despite a $1.2 billion valuation, Decentraland has just 30 daily active users (DAUs). Decentraland ( $MANA ) has 30 Daily Active Users and a $1.2 Billion Market Cap pic.twitter.com/u4MBNsWvwk — SHAKE (@0x_shake) October 6, 2022 The…

[ad_1] DefiYield, the DeFi investing and yield farming platform, tracks exploited projects across the DeFi ecosystem through its REKT database. Since January 2022, it has tracked over $60 billion in lost or stolen funds across 1,195 events, including Terra Luna. Ronin, Nomad, and the Wormhole bridge. Roughly $2.4 billion has been recovered throughout the same…

[ad_1] The biggest news in the cryptoverse for Oct. 5 includes SEC opposing third parties seeking to defend Ripple, Do Kwon describing news of a $40 million crypto freeze as falsehood, and SWIFT showing CBDCs, tokenized assets can be integrated into the global financial system. CryptoSlate Top Stories SEC opposes third parties seeking to prove…

[ad_1] The native token of decentralized exchange GMX (GMX) has spiked 35% to $54.11 after two leading crypto exchanges announced they would be listing it on Oct. 5. Binance revealed that it would list the token in its Innovation Zone with three trading pairs by 10:00 UTC. FTX also stated that the asset would go…

[ad_1] Japan’s Prime Minister Fumio Kishida announced plans to expand investments into the metaverse and NFTs during a public policy speech delivered before Japan’s National Diet on Oct. 3. Kishida said that the government will continue its focus on supporting the use of digital technology in society and promote initiatives to expand the implementation of…

[ad_1] Blockchain security company Elliptic revealed that around $4 billion had been laundered through decentralized exchanges, cross-chain bridges, and coin swaps since 2020. According to the report, the illegal use of DEXs usually comes in the form of coin swapping. This could be swapping tokens to avoid asset freeze, swapping for ETH, or swapping tokens…

[ad_1] Grayscale’s bitcoin trust (GBTC) which started trading at a discount in Feb. 2021 has reached an all-time low of -36% when compared to the spot BTC price of $19,000. Grayscale launched the first bitcoin trust in 2013, to provide institutional investors exposure to BTC through traditional instruments. As of date, assets under management in…

[ad_1] TRON-founder Justin Sun tweeted an offer to buy assets or shares in Credit Suisse to bring it into Web3. It is unclear whether this was a flippant comment mocking the struggling bank or if Sun has genuine ambitions to acquire the legacy bank/its assets, similar to how FTX has “saved” distressed crypto businesses. Credit…

[ad_1] Embattled crypto lender Celsius Network has set a final bid date of Oct. 17 for the sale of its assets, according to an Oct. 3 court filing. According to the filing, the firm would auction its assets on Oct. 20, if necessary. The document revealed that a sales hearing is set for Nov. 1…

[ad_1] Total crypto market cap stood at $951.22 billion as of press time, up 2.53% compared to the previous day. After outflows of $15.67 billion during the weekend, the market cap saw inflows of $23.48 billion over the past 24 hours. The market capitalization of the largest cryptocurrency, Bitcoin (BTC), grew 2.92% to $379.06 billion…