Launched in conjunction with Binance Launchpool, Santos FC Fan Token (SANTOS) is a cryptocurrency dedicated to the namesake Brazilian football club. Santos Futebol Clube, or Santos FC for short, is a Brazilian sports club headquartered in Vila Belmiro, So Paulo. The epidemic had a significant impact on football teams, prompting the creation of the fan …
Monthly archives: October 2022
IMPT Coin Presale Surpasses $3.0 M—Crypto Investors Excited to See what’s Next
IMPT.io is both an innovative social media platform and a cryptocurrency program focused at reducing carbon production through the utilization of carbon credits. The initiative is meant to encourage individuals to decrease their own carbon footprints. The unique application of blockchain technology by the platform ensures that all carbon credits are legitimate and prevents any …
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Analyst Known for Calling 2022 Crypto Market Crash Predicts Fakeout Rallies for Bitcoin, Stellar and Litecoin
The pseudonymous crypto trader who nailed Bitcoin’s collapse this year is forecasting brief rallies for BTC, Stellar (XLM) and Litecoin (LTC) prior to the resumption of their downtrend. Capo tells his 549,100 Twitter followers that he expects a rally for these digital assets leading up to Thursday’s scheduled release of the Consumer Price Index (CPI) …
Bottom Formation in Play? Glassnode Looks at State of Bitcoin As Whales Accumulate Over $300,000,000 in BTC
Several metrics indicate Bitcoin (BTC) could be establishing a bear market floor, according to leading crypto analytics firm Glassnode. Glassnode notes in a new analysis that Bitcoin’s accumulation trend score has displayed “a series of consecutive events” similar to the 2018/2019 bear market. The accumulation trend score shows the aggregated balance change intensity of active …
Tether stablecoin issuer freezes 8.2M USDT on Ethereum: Data
Tether has frozen a total of 215 USDT addresses on Ethereum in 2022 so far, according to data compiled by ETH researcher Philippe Castonguay. Major stablecoin issuer Tether froze yet another batch of USDT on the Ethereum blockchain, freezing more than $8 million worth of the cryptocurrency. Crypto monitoring resource Whale Alert has identified several …
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Community interaction beaming through the crypto space: Blockchain Economy Dubai 2022
The Blockchain Economy Dubai Summit 2022 highlighted that the crypto community is eager to engage and interact with fellow community members. Even though one of the stars of the show is a talking robot, human interaction was still the highlight of the recent Blockchain Economy Dubai Summit 2022 held at Le Meridien Dubai Hotel and …
Economists debunk the banking system and win the Nobel Prize
Three economists were awarded the Nobel Prize in economic sciences for their decades of research on societal reactions to financial crises and avoiding bank collapses. Three economists were awarded the Nobel Prize in economic sciences on Oct. 10 for their discoveries which are said to have improved “how society deals with financial crises.” Ben Bernanke, …
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Crypto and digital bank MinePlex secures $100M in funding from GEM
The funding will be used in new banking technologies, including a collaboration with Mastercard and Visa for crypto transactions. In another round of investments in the crypto space, Singapore-based crypto bank MinePlex has secured $100 million from digital asset investment firm GEM Digital Limited (GEM), aimed at closing the gap between digital assets and traditional …
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UAE backs Multiverse Labs’ metaverse city project
It has only been a year since metaverse blew up, attracting people from in and out of the crypto industry. This new technology has captivated individuals, companies, organizations, and even entire governments. The latest example of this comes from the UAE, as the country just saw the launch of the metaverse city. The project is …
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Exchange giant Binance to invest $500M in Elon Musk’s Twitter deal
The world’s largest exchange, Binance, is set to invest in Elon Musk’s bid to acquire Twitter. The CEO of the exchange, Changpeng Zhao, has said that investing in the deal is one of the critical priorities of the exchange in 2022. Binance to invest in Elon Musk’s Twitter deal Binance had initially been named as …
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Coinbase obtains in-principle approval to offer crypto services in Singapore
Coinbase has received “in-principle approval” to offer cryptocurrency services in Singapore. The CEO of Coinbase Singapore, Hassan Ahmed, has said that the country is a crucial market for the crypto firm. Coinbase receives in-principle approval in Singapore The Singapore division of the US-based cryptocurrency exchange, Coinbase has obtained in-principle approval to offer crypto services in …
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Terra USTC spikes 33% after talks of re-peg
The proposal has led to increased interest in USTC and other Terra classic ecosystem tokens. 1 min read Updated: October 11, 2022 at 11:27 am Cover art/illustration via CryptoSlate De-pegged Terra Classic stablecoin, Terra UST (USTC), rose by over 30% after the emergence of a proposal by Terra classic core developer Tobias Andersen to re-peg …
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Couple mistakenly paid $10.5M by Crypto.com defends spending spree as contest winnings
The pair who received $10.5 million by mistake are charged with theft. After buying houses and cars, among other things, $3 million remains unaccounted for. 2 min read Updated: October 11, 2022 at 11:10 am Cover art/illustration via CryptoSlate Partners Thevamanogari Manivel and Jatinder Singh stand trial in Australia on charges of theft related to …
CryptoSlate Daily wMarket Update – Oct 10: XRP leads losses as Bitcoin holds steady at $19K
The total cryptocurrency market cap saw net outflows totaling $20.53 billion. As of press time, the industry’s market cap stood at $920.62 billion, down 2.23% over the last 24 hours. Bitcoin’s market cap fell 1.60% over the reporting period to $366.19 billion from $372.049 billion. Meanwhile, Ethereum’s market cap was down 2.79% to $157.19 billion …
Kenyan Firm Using Wasted Energy to Mine Bitcoin — Business Model Said to Potentially Help Decentralize Mining
A Kenyan bitcoin mining company, Gridless, recently revealed how it is helping local communities reduce electricity costs by using excess generated power to mine bitcoin. The Gridless model has been hailed because it potentially helps to decentralize bitcoin mining as well as move some hashpower to Africa. Using Wasted Energy to Mine Bitcoin Gridless, a …