PayPal applies for NFT marketplace patent, Meta’s avatars impress: Nifty Newsletter

PayPal filed a patent application for a system that lets users transfer and purchase nonfungible tokens. Newsletter Join us on social networks In this week’s newsletter, read about how a nonfungible token (NFT) artist raised money to support a cancer charity and why payments platform PayPal has filed a patent application for an NFT marketplace. …

MEXC Ventures Makes Eight-Figure Investment in Toncoin and Launches Strategic Partnership With TON Foundation

October 4, 2023 – Zug, Switzerland MEXC Ventures, a subsidiary of MEXC’s global cryptocurrency exchange MEXC, has announced a significant investment in The Open Network – the largest layer-one investment the firm has ever made. This investment works alongside a strategic partnership with The Open Network (TON) Foundation. This symbiotic partnership represents the shared vision …

Californian Resident Files Class Action Lawsuit Against Binance and Its CEO Over Alleged Role in FTX Implosion

A California resident has filed a class-action lawsuit against top crypto exchange Binance and the company’s CEO, Changpeng Zhao, for allegedly attempting to monopolize the crypto platform market by hurting FTX. Nir Lahav says in his new lawsuit that he lost crypto when FTX collapsed last November. His lawyers claim that Binance and Zhao were …

DAOs can help scientists find funding and community, says Nature science journal

Decentralization could help bring scientists in underfunded fields and locations to the table without requiring relocation or reemployment News Join us on social networks The Nature science journal recently published an editorial in its Nature Bioscience section lauding the use of decentralized autonomous organizations (DAOs) as a revolutionary new method by which researchers working in …

Polygon co-founder steps down, will contribute ‘from the sidelines’

Jaynti Kanani said he had stepped back “from the day-to-day grind” at Polygon roughly six months ago. News Join us on social networks Jaynti Kanani, the co-founder of Polygon, announced that he has stepped back “from the day-to-day grind” on the project for the first time in six years. In an Oct. 4 X (formerly …

Crypto Wallet Integrations: Streamlining the Accounting Process for Investors

Cryptocurrency has rapidly evolved from a niche interest to a global financial phenomenon, creating the need for efficient accounting. As more investors enter the crypto space, the need for efficient accounting and financial management has become increasingly critical. Managing various cryptocurrencies, tracking transactions, and ensuring compliance with tax regulations can be complex and time-consuming. Fortunately, …

SBF Trial: Bankman-Fried cannot rely on US unclear crypto regulatory regime in trial, DOJ says

What is CryptoSlate Alpha? A web3 membership designed to empower you with cutting-edge insights and knowledge. Learn more › Connected to Alpha Welcome! 👋 You are connected to CryptoSlate Alpha. To manage your wallet connection, click the button below. Oops…you must lock a minimum of 20,000 ACS If you don’t have enough, buy ACS on …

Crypto Analyst Says One Ethereum-Based Altcoin Flashing a Bearish Signal, Updates Outlook on Bitcoin

A crypto analyst thinks indications of a bearish signal are being displayed by one Ethereum (ETH)-based altcoin. Ali Martinez tells his 30,800 followers on the social media platform X that the native asset of the decentralized oracle network Chainlink (LINK) could be primed for a brief correction. Citing data from crypto analytics firm Santiment, Martinez …

Bitcoin traders hope $27K holds as BTC price ignores volatile US dollar

Bitcoin looks like a stablecoin compared to the U.S. dollar index on the day, with BTC price levels of interest close to spot. Market Update Join us on social networks Bitcoin (BTC) stayed glued to $27,500 at the Oct. 4 Wall Street open as attention continued to focus on rampant United States yields. BTC/USD 1-hour …

Alameda sent $4.1B of FTT tokens to FTX before crash: Nansen report

Nansen analysts observed “unusual transactions between FTX and Alameda” in the days leading up to FTX’s bankruptcy. News Join us on social networks Blockchain data analysts from Nansen have revisited the days leading up to the collapse of FTX, including the transfer of $4.1 billion worth of FTT tokens between the exchange and Alameda Research. …

TON raises 8-figure sum from MEXC to make Telegram a Web3 super-app

Telegram founder Pavel Durov has repeatedly pointed out the role of the TON blockchain in Telegram’s potential Web3 journey. News Join us on social networks The Open Network (TON) — a decentralized blockchain platform initially designed by Telegram — has secured major funding from the venture arm of the cryptocurrency exchange MEXC. TON has raised …

Microsoft-owned LinkedIn releases AI-powered assistant for job recruiters

LinkedIn plans to pilot a new AI-powered assistant aimed at recruiters searching for job candidates and will also release an AI educational assistant in its learning section. News Join us on social networks The Microsoft-owned and business-focused social platform LinkedIn announced the rollout of new artificial intelligence (AI) features to assist job recruiters when sourcing candidates.  …

Trader Issues Warning on Altcoin That Surged About 92% in Just Weeks, Says It’s ‘Going To Head All the Way Down’

A closely followed crypto strategist is warning that one red-hot yet controversial altcoin is on the verge of a collapse. Pseudonymous analyst Altcoin Sherpa tells his 196,600 followers on the social media platform X that Worldcoin (WLD) could decline at least 34% from its current value. “WLD: was a great long for this, but I …

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