Over the last 24 hours, the cryptocurrency market cap saw net inflows of $4.6 billion to $1,009.4 billion from $1,004.8 billion as of press time — up 0.5%. During the reporting period, Bitcoin’s market cap fell 0.8% to $389.2 billion from $392.3 billion. Meanwhile, Ethereum’s market cap increased by 0.3% to $190.4 billion from $189.8 …
Monthly archives: November 2022
Arweave teams up with Meta for NFT storage, AR token spikes 61%
Arweave is partnering with Meta to store non-fungible tokens (NFTs) on Instagram, the protocol’s CEO and co-founder Sam Williams announced on Twitter. 📣 Major announcement: @Meta is now using Arweave to permanently store digital collectables from @Instagram. Instagram users are now able to issue digital collectables for their posts, stored on Arweave. Some thoughts 👇 …
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Cloud service provider Hetzner blocks access for Solana validators over TOS breach
Top executives at Solana urged affected validators to move their operations to a crypto-friendly cloud service provider. 1 min read Updated: November 3, 2022 at 9:44 am Cover art/illustration via CryptoSlate Cloud service provider Hetzner has stopped providing its services to Solana (SOL) validators, according to a screenshot shared by stake pool operator SolBlaze on …
Polygon surges 10% following Instagram integration announcement
Meta has announced an end-to-end toolkit allowing Instagram users to mint NFTs on the Polygon (MATIC) blockchain and sell them on social media. The move has made MATIC one of the best-performing digital assets in the last 24 hours, rising by over 10% to $0.95. Meta turning Instagram into an NFT marketplace According to the …
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US Senators Question SEC Why Its Staff Is Quitting at Highest Pace in 10 Years
Six U.S. senators have questioned the Securities and Exchange Commission (SEC) why its staff is quitting at a record pace. “Efforts to ram through hurried rulemaking without proper analysis, deliberation or consideration of downstream negative impacts is nothing short of regulatory malpractice,” the lawmakers told SEC Chair Gary Gensler. SEC Staff Leaving at Record Pace …
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ZoidPay to Revolutionize the Web3 Landscape With $75M Investment Commitment From GEM Digital
press release A $75M financial commitment is set to establish ZoidPay as the go-to open architecture for building the next generation of Web 3.0 financial services. PRESS RELEASE. November 3, 2022, Bucharest, Romania — ZoidPay, the leading Web 3.0 architecture provider, has secured an investment commitment of $75M from digital asset investment firm GEM Digital …
Report: Zimbabwe Proceeding With Digital Currency Plans, Central Bank Undeterred By Slow Adoption of Nigerian CBDC
Undeterred by the reported slow adoption of the Nigerian central bank digital currency, the deputy governor of the Reserve Bank of Zimbabwe, Innocent Matshe recently said his institution will proceed with plans to launch its own digital currency. In addition to sending a team to learn from the Central Bank of Nigeria’s experiences, Zimbabwe has …
Natural Gas Price Hike Hits Crypto Miners in Iran
Companies using natural gas as a power source to mint digital currency in Iran will have to deal with a sharp increase in the price of the fuel. The new rates set by the state-run supplier are almost double the previous and have been imposed retroactively, local media reported. Iran Raises Tariffs for Mining Farms …
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Crypto Exchanges Must Comply With Russia Sanctions, Singapore Central Bank Says
The Monetary Authority of Singapore (MAS) has reiterated that cryptocurrency exchanges need to conform to restrictions on Russian users imposed over Moscow’s invasion of Ukraine. The reminder comes after researchers established that pro-Russia activists have raised millions of dollars in digital assets to support its war effort. Singapore Says Measures Targeting Russia Apply to All …
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Crypto Whales Move Over $130,000,000 in Dogecoin (DOGE) and XRP Within Hours – Here’s the Destination
Deep-pocketed crypto whales are moving over $130 million worth of Dogecoin (DOGE) and XRP as crypto markets plateau this week. An unknown wallet sent 150 million DOGE worth more than $20.7 million to another unknown wallet on Tuesday, according to the blockchain-tracking platform Whale Alert. A half-hour later, a third unknown wallet sent 300 million …
Altcoin That’s Exploded 170% in Seven Days Has Room for More Growth, Says Crypto Analytics Firm Santiment
Blockchain analytics platform Santiment says that one top-ten altcoin that has surged by triple digits over the past week possesses more upside potential. Santiment says that based on two indicators, search trends and social dominance, Dogecoin (DOGE) potentially has “room for more growth.” Starting with search trends, Santiment says that the number of times that …
NFTs bridge music communities across genres and blockchain ecosystems
Nonfungible tokens (NFTs) are stepping into the next wave of Web3 with utility capabilities and community building at the forefront. A new collection from the Mint NFT marketplace and metaverse entertainment platform Animal Concerts does this across the musical genre spectrum, as well as blockchain networks. The collection, “A Hard Working Man,” features the crypto-savvy …
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New oracle system to help DApps retrieve millions lost to MEV
A new oracle system aims to retrieve the additional fees paid by decentralized application (DApp) users to miners called maximal extractable value (MEV). It is the maximum value a miner can extract from moving-around transactions when producing a block on a blockchain network. MEV can be defined as the maximum value that can be extracted …
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Shiba Inu price drops to record low vs Dogecoin — Will history repeat with a 150% rally?
Shiba Inu (SHIB) price can rise by nearly 150% versus its top meme-coin rival, Dogecoin (DOGE), in the coming months, based on a technical fractal. SHIB hits record low against DOGE The bullish setup appears as the SHIB/DOGE pair rebounded slightly after dropping to 0.0000841 — its lowest level ever — on Nov. 1. The …
Crypto is More Stable than the Rest of the Financial System, Says CZ
This year, Bitcoin has dropped by more than 70% from its all-time high. At the time of writing, BTC was trading at around $20,200. Despite […] Go to Source