Ethereum Layer 2 Protocols Set New Weekly High For Transactions
Summary: Layer 2 transactions on Ethereum’s blockchain hit a new seven-day high, Orbiter Finance data showed. Orbiter’s dashboard recorded over...
Month: November 2022
Stripe lays off 14% of workforce to cut costs amid economic downturn
Payments processor Stripe laid off 14% of its workforce — over 1,100 employees, CEO Patrick Collison announced in an email...
Compute North paid top execs roughly $3M benefits before filing for bankruptcy
The firm also paid some of its former executives and board members before it filed for bankruptcy. 1 min readUpdated:...
Research: Bitcoin falling below key resistance for only the fourth time in it’s history
CryptoSlate's analysis of realized price and cost basis revealed that Bitcoin could potentially break its current resistance as early as...
eNaira CBDC ‘a massive failure’ despite Nigerian central bank’s claims to the contrary
Geopolitical Analyst Nick Giambruno called Nigeria’s eNaira project a “massive failure” while saying the outcome has not been “what the...
Rumors of Andre Cronje’s return cause Fantom to spike 24%
Changes on Cronje's verified Twitter account and LinkedIn account has sparked rumors that he is back in the industry. 1...
China holds $3.9B worth of Bitcoin despite anti-crypto stance
CryptoQuant co-founder Ki Young Ju said the Chinese government is a crypto whale, despite its negative posture toward the industry....
Bank of England Hikes Repo Rate by 75bps — UK’s 30-Year Fixed Mortgage Rate Jumps to 7%
On Nov. 3, 2022, the Bank of England followed the U.S. Federal Reserve by codifying the eighth consecutive benchmark bank...
Biggest Movers: MATIC Hits Highest Point Since August, as FLOW Jumps 14% on Thursday
Polygon rose to its highest level since August, as the token climbed by as much as 10% on Thursday. Today’s...
Open Metaverse Alliance OMA3 Launches to Develop Standards for an Interoperable Digital World
The Open Metaverse Alliance, OMA3, was launched by a group of Web3 dedicated companies in order to create standards for...
Bitcoin, Ethereum Technical Analysis: BTC, ETH Move Lower on Thursday, After Hawkish Fed Rate Hike
Bitcoin fell towards the $20,000 mark on Thursday, after the U.S. Federal Reserve once again moved to increase interest rates....
Amicus Briefs Are Boosting Ripple’s Case and Weakening SEC’s Arguments in XRP Lawsuit, Says Crypto Legal Expert
Crypto legal expert Jeremy Hogan says the amicus briefs filed in the U.S. Securities and Exchange Commission’s (SEC) lawsuit against...
BNB Chain cools off after 24% surge, but strong fundamentals could back the next BNB rally
After an impressive 23.7% rally between Oct. 25 and Oct. 31, Binance Chain BNB, has faced a strong rejection from...
The state of crypto in Southern Europe: Malta leads the way
Despite the turbulence that broke out in the crypto market this summer, there is an important long-term marker that should...
The Sandbox co-founder explains how the metaverse has evolved for brands: Web Summit 2022
The building of the metaverse is an ongoing process. Sebastien Borget, co-founder of The Sandbox metaverse, even called the future...
