The inaugural day of Newconomics 2023 in Lisbon saw a tapestry of innovative ideas, blending the latest in technology with a strong emphasis on mental health, inclusivity, and the burgeoning world of Web3. Leaders and pioneers across various sectors provided deep insights into how the digital landscape shapes society and business’s future. Here’s a more …
Monthly archives: November 2023
OKX launches testnet for X1, a zkEVM layer-2 network built with Polygon Chain Development Kit
OKX, in collaboration with Polygon Labs, has unveiled the testnet for X1, a new, high-performance Zero Knowledge (ZK) layer-2 network crafted with the innovative Polygon Chain Development Kit (CDK). The launch of X1, envisioned as OKX’s native network, marks a pivotal moment in this collaboration, promising to integrate over 50 million OKX users with the …
Nasdaq files proposal seeking SEC rule change to allow spot Ethereum ETF
Nasdaq filed a proposal with the SEC seeking approval to list BlackRock’s spot Ethereum exchange-traded fund (ETF) based on the regulator’s recent approval of ETH-based futures ETFs in October. The exchange proposed that the regulator allow it to create the iShares Ethereum Trust under its Nasdaq Rule 5711(d) — which governs the listing and trading of …
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Massive Altcoin Season Is Still Yet To Come, Says Crypto Analyst Jason Pizzino – Here’s Why
Closely followed crypto analyst Jason Pizzino is saying that the altcoin season has yet to begin even though some digital assets are now surging. In a new strategy session, Pizzino tells his 293,000 YouTube subscribers that based on a historical pattern, the true altcoin season will arrive sometime around October 2024. He bases his prediction …
ARK’s Cathie Wood Says Bitcoin Looking ‘As Good as it Gets,’ On-Chain Metrics Looking Like a Bull Market
ARK Invest CEO Cathie Wood says that key metrics are confirming that Bitcoin (BTC) is in a true bull market. In a new CNBC interview, Wood says that the health of Bitcoin’s network is strong as the digital asset proves itself as a safe store of value for investors. “The health of the network is …
Crypto Exchange Bithumb Gearing Up To Go Public on Korean Stock Market: Report
A South Korean-based cryptocurrency exchange is reportedly planning to conduct an initial public offering (IPO) in 2025. In a new report, South Korea’s business publication Edaily says that Bithumb, which began operations in 2014, plans to go public in the second half of 2025. According to the report, Bithumb has picked Samsung Securities, a subsidiary of …
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Uniswap Labs Rolls Out New Crypto Wallet to 430,000 New Android Users
The team behind the top decentralized exchange (DEX) by trading volume is unveiling the Android version of its new crypto wallet. Uniswap Labs, the creators of Uniswap (UNI), says in a new announcement that it’s dropping a new crypto wallet for Apple iOS software competitor Android. Uniswap says the new wallet is “built for swapping,” …
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Ethereum Surges After BlackRock Trust Filing, DOGE, ORDI, FTT, Nov. 13
Ethereum rallies on a BlackRock ETF filing. DOGE sees a $1.7bn surge in whale interest. ORDI is back in demand. FTT continues a speculative run. ETH Ethereum started to chase Bitcoin last week with gains of 10% on the news that BlackRock had filed for an Ethereum-based trust. The world’s largest asset manager started a …
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Alterscope Launched Its Risk Infrastructure for Web 3.0 During the Risk Summit at Devconnect Istanbul
November 14, 2023 – München, Germany Expanding the scope of possibilities for protocol teams and investment firms. Alterscope (formerly Solity Network), a leading technology company, has unveiled its Web 3.0 Risk Infrastructure for protocol teams and investment firms. Due to the crypto space’s highly interconnected nature, decentralized financial ecosystems are highly prone to systemic risks. …
$27,000,000 in USDT Stolen by Hackers From Hot Wallet Connected to Binance Deployer: On-Chain Data
Hackers reportedly stole more than $27 million worth of the top stablecoin USDT from a Binance hot wallet over the weekend. The on-chain researcher pseudonymously known as ZachXBT says that the victim’s address was connected to a Binance deployer wallet, which is used to generate smart contracts. Source: ZachXBT/X The stolen USDT was quickly swapped …
OKX launches Ethereum layer-2 testnet using ZK-based Polygon CDK
The “X1” network will be part of the Polygon ecosystem and use zero-knowledge proofs to bridge assets from Ethereum. News Join us on social networks Crypto exchange OKX has launched a testnet for an upcoming Ethereum layer-2 network named “X1,” according to a Nov. 14 announcement. The network is being developed using the Polygon chain …
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Opyn DeFi protocol founders are leaving crypto after CFTC crackdown
Two of the founders of crypto options platform Opyn are stepping down from leadership roles to pursue other aims, but Opyn will continue under new leadership. News Join us on social networks Zubin Koticha and Alexis Gauba, two founders of the Opyn decentralized finance (DeFi) protocol, are stepping down from the project and “leaving crypto,” …
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Bim Afolami takes the reins on UK crypto policy as new Economic Secretary
Under U.K. Prime Minister Rishi Sunak, former Economic Secretary Andrew Griffith will become the next minister of state in the Department for Science, Innovation and Technology. News Join us on social networks King Charles II has approved the appointment of Member of Parliament Bim Afolami to the position of economic secretary to the Treasury of …
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Disney launches NFT platform with Dapper Labs
The NFT platform, dubbed Disney Pinnacle, will go live later this year. News Join us on social networks Disney has created a nonfungible token (NFT) platform together with blockchain and metaverse firm Dapper Labs. According to the Nov. 14 announcement, Disney will tokenize its iconic cartoon characters from the past century onto its NFT marketplace, dubbed …
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Ethereum and Solana lead DeFi surge as TVL and DEX activity soar
The DeFi sector has experienced a significant increase in both activity and token prices, primarily driven by Bitcoin’s October rally. Central to understanding this landscape is the concept of Total Value Locked (TVL) and decentralized exchange (DEX) volumes, two critical metrics that offer insights into the health and trajectory of DeFi protocols. TVL, the aggregate …
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