Capital outflows in the crypto industry reached $55 billion in August, according to a report released by crypto exchange Bitfinex. The analysis is based on the aggregate realized value metric, which measures the realized capital of Bitcoin (BTC) and Ether (ETH) with the combined supply from the top five stablecoins Tether (USDT), USD Coin (USDC), Binance USD (BUSD), Dai (DAI),…
Gods Unchained’s Daniel Paez on the Future of NFT Gaming Interoperability Daniel Paez, executive producer on NFT card-battling game Gods Unchained, speaks with Decrypt Culture Editor Andrew Hayward about what the future of NFT game interoperability will really look like—and what it won’t. Source: https://decrypt.co/videos/interviews/obt7FGYr/gods-unchaineds-daniel-paez-on-the-future-of-nft-gaming-interoperability
Crypto exchange Remitano experienced large withdrawals under suspicious circumstances on September 14, with some blockchain analysts concluding that it may have been hacked. A total of $2.7 million worth of crypto has been withdrawn through the suspicious transactions. Tether has frozen one address the attacker allegedly used, potentially saving $1.4 million worth of customers’ crypto. At approximately 12:45 p.m. on…
In the latest episode of Cointelegraph’s Market Talks, host Ray Salmond speaks with Jamie Coutts, a chartered market technician and crypto market analyst at Bloomberg Intelligence. When asked whether Bitcoin’s (BTC) pre- and post-halving price action could differ from previous cycles due to a change in global monetary policy, Coutts said: “I’ve been writing about this for most of the…
Gaming startup GameOn has a new deal with LaLiga North America to develop NFT-based fantasy games for the Spanish soccer league’s United States and Canadian fanbase. Fans will be able to buy packs of LaLiga players as NFTs and build fantasy lineups that earn points based on each player’s real-life performance on the pitch. Digital gear such as cleats, jerseys,…
Roni Cohen-Pavon, Celsius’ former chief revenue officer, has pleaded guilty to four criminal charges and will be free on bail until a Dec. 11 sentencing hearing… Source: https://cointelegraph.com/public/index.php/news/former-celsius-exec-pleads-guilty-criminal-charges
Matter Labs recently announced the launch of a new ecosystem portal for zkSync, managed by DappRadar, in what both partners are calling a step towards fully decentralizing the protocol. zkSync is a layer-two blockchain for Ethereum payments. It was created by Matter Labs as a method for scaling the Ethereum blockchain ecosystem. It currently boasts more than 200 projects and,…
Roni Cohen-Pavon, the former chief revenue officer of cryptocurrency lending firm Celsius, has reportedly pleaded guilty to charges related to fraud and price manipulation. According to a Sept. 13 filing in the United States District Court for the Southern District of New York, Cohen-Pavon pleaded guilty to conspiracy to commit price manipulation, securities fraud, manipulation of security prices and wire…
For a long time, Solana (SOL) has been associated with the founder of now insolvent crypto exchange FTX and hedge fund Alameda Research, Sam Bankman Fried. He was an early investor in the project and invested in numerous Solana ecosystem projects during the 2020-2021 bull mania. So when FTX collapsed toward the end of 2022, Solana and other “Sam coins”…
Amid widespread international expansion from crypto companies, Canadian Bitcoin exchange Bull Bitcoin announced a commercial foray into Costa Rica this week. The company became the first Bitcoin enterprise to tap into SINPE Movil, the country’s primary payment provider, offering a Bitcoin on-and-off-ramp. Aided by a Bitcoin circular economy project dubbed the Bitcoin Jungle, users will be able to buy and…
