Coinbase argues SEC’s XRP lawsuit caused $15B in losses for retail traders

Crypto exchange Coinbase has filed an amicus brief in support of Ripple (XRP), arguing that the SEC’s lawsuit led to retail traders losing $15 billion. According to the exchange, the SEC action... Read more »

Binance sees massive 120K Bitcoin purchased between Oct. 28

Exchange giant Binance marketplace saw 120,000 Bitcoins (BTC) purchased and moved off the exchange between Oct. 29 and Oct. 30, according to Glassnode data. The amount equates to roughly $2.5 billion, which... Read more »

Aptos-based DeFi protocol Arco offers refund option after IDO issues

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... Read more »

SBF thinks Hong Kong could become the Web3 hub of Asia

FTX founder Sam Bankman-Fried (SBF) spoke at Hong Kong’s FinTech Week 2022 and said that Hong Kong had real potential to become the Web3 hub of Asia, as reported by Forkast News.... Read more »

Generational buying opportunity intact as Bitcoin retains 60-day MA

Last month, CryptoSlate reported that the price of Bitcoin fell below all five key medium to long-term moving averages for only the fifth time in its history. Previous instances of this occurring... Read more »

DBS launches programmable money live pilot for Singapore government vouchers

Singaporean multinational banking firm, DBS, has partnered with Open Government Product (OGP) to unveil the pilot of purpose-bound money-based vouchers.  In its Monday press release, the banking leader said issuing those vouchers... Read more »

Osmosis making enhancements to order book specific layer one network, Sei

Cosmos DeFi protocol 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... Read more »

Jack Dorsey retains voting power at Twitter fuelling rumors of crypto integration

An SEC filing has revealed that Jack Dorsey still owns 2.4% of Twitter following Elon Musk’s acquisition. Dorsey, the former CEO of Twitter, left the company in November 2021, just 19 days... Read more »

Over 95% of tokens launched on Uniswap are scams

About 97% of the crypto projects launched on Uniswap are rug pulls, according to a recent study titled “Do Not Rug On Me: Zero-Dimensional Scam Detection .” The study undertaken by  Bruno Mazorra,... Read more »

OpenSea Ethereum trading volume declines 13% as BAYC floor switches platforms

OpenSea’s Ethereum (ETH) NFTs trading volume has declined for the fourth consecutive month, dropping 13% to $303M, the lowest since June 2021, according to Dune Analytics data. According to the data, OpenSea’s... Read more »