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Boba Network deploys first Layer-2 on Moonbeam.
Boba Network, a blockchain-powered multichain Layer-2 scaling solution and Hybrid Compute platform, has become the first Layer-2 to go live on the cross-chain smart contracts platform Moonbeam. The milestone comes after Boba Network deployed BobaBeam, the network’s execution layer that has integrated Moonbean-native decentralised exchange (DEX) platform Firefly as its launch partner. origin »
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Celebrity-Backed Fintech for Teens, Step Receives $300M in Debt Funding.
The app also launched a crypto trading feature, starting with bitcoin origin »
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Polygon powers new Indian police complaints portal.
Indian Police in Firozabad has developed a web portal for reporting crimes using the Polygon (MATIC) modular blockchain, according to an October 10 announcement. The post Polygon powers new Indian police complaints portal appeared first on CryptoSlate. origin »
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TRON becomes legal tender in Dominica.
Leading blockchain network Tron has inked an agreement with the government of Dominica to make Tron-native tokens authorized digital currency in the Caribbean Island. The post TRON becomes legal tender in Dominica appeared first on CryptoSlate. origin »
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Mango $100M Attack: How a Whale Swindled a Solana DeFi Favorite.
In something of an audacious move, the attacker used their MNGO tokens to vote on their own Mango DAO governance proposal. Whale Targets Mango Days after BNB Chains bridge was... origin »
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Arbitrum Builder Offchain Labs Acquires Prysmatic Labs, a Core Team Behind Ethereum’s Merge.
By acquiring the team behind Prysm, Ethereum’s most popular consensus layer client, Arbitrum is stretching its later 2 tentacles down to Ethereum’s base layer. origin »
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Valkyrie to liquidate and delist Bitcoin-related ETF.
Valkyrie Funds, one of the leading fund managers in the digital assets space, is set to liquidate and delist one of its Bitcoin-related exchange traded funds (ETFs). The US-based ETF provider looks to offer access to opportunities in the digital asset economy via traditional investment vehicles, with several exchange-traded funds available for investors. origin »
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21Shares Launches a Physically-Backed Bitcoin ETP on NASDAQ Dubai.
21Shares AG, part of the parent company, 21.co, announced its entry into the Middle East to provide investors in the market with access to the rapidly-growing asset class via NASDAQ Dubai. 21Shares Aiming for Global Reach According to an announcement… origin »
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Curve DAO Proposal to Enable Easier CRV Rewards Passes With Overwhelming Support.
The move means projects looking to offer CRV rewards to their users would no longer need to propose their move to Curve’s governance community first. origin »
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NFT Infrastructure Company Gomu Closes $5M Seed Round.
The fundraise included participation from Coinbase Ventures, DeFiance Capital and Saison Capital, among others. origin »
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DeSo Announces New Innovation, Debuts Decentralized On-Chain End-to-End Encrypted Group Chats.
Decentralized layer-1 blockchain, Deso is pleased to announce its latest innovation set to bring Bitcoin’s pseudonymity and censorship resistance to messaging. The platform has just disclosed the launch of its decentralized on-chain end-to-end encrypted direct messaging and group chats. origin »
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Dominica Selects TRON to Generate the Nation’s Official Coin.
The Commonwealth of Dominica and TRON will collaborate to create and release the Dominica Coin (DMC). origin »
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Paradigm Leads $40M Series A for Blockchain Data Startup nxyz.
The data infrastructure firm was spun out of private web browser Neeva. origin »
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Ooki DAO Case So ‘Egregious,’ CFTC Had No Choice, Chair Behnam Says.
The controversial case against Ooki DAO was “so egregious and so obvious” that the U.S. Commodity Futures Trading Commission (CFTC) had to pursue it, said Chairman Rostin Behnam. origin »
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DAOs are in era 3.0 thanks to an infrastructure renaissance: Report.
There are over 4,000 active DAOs, with treasuries totaling around $20 billion, which has many speculating that DAOs may still be a growing trend. origin »
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Yuga Labs-associated NFTs, token falls following SEC probe.
Yuga Labs has seen the value of assets associated with its brand decline following news of the SEC’s investigation into whether it broke federal laws. The post Yuga Labs-associated NFTs, token falls following SEC probe appeared first on CryptoSlate. origin »
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SEC Probing Bored Ape Creator Yuga Labs Over Unregistered Offerings: Report.
The SEC is looking into whether some of Yuga’s NFTs should follow the same disclosure rules as stocks, according to Bloomberg. origin »
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Temple DAO hacked for over $2.3M.
DeFi protocol Temple DAO lost over $2.3 million on October 11 to a hack first spotted by Twitter user Spreekaway and confirmed by blockchain analytical firm Peckshield. The post Temple DAO hacked for over $2.3M appeared first on CryptoSlate. origin »
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Bitcoin (BTC) Remains Heavily Oversold in 2022: Indicator.
Here's what Stochastic RSI (STOCH RSI), one of most reliable technical analysis indicators, tells us about BTC price prospects origin »
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Blockchain Development Platform Tatum Raises $41.5M From Octopus, Circle, Others.
Blockchain development platform Tatum has raised $41.5 million in funding from Octopus Ventures, Circle, Leadblock Fund and founders of crypto exchange Bitpanda, among others. origin »
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Ethereum’s Second- Layer Projects Duke It Out for Dominance.
Ethereum’s layer 2 platforms have been slow to gain traction, but the rollup race is heating up with the emergence of new players and key upgrades. Valid Points is CoinDesk’s weekly newsletter that breaks down Ethereum’s evolution and its impact on crypto markets. origin »
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Solana TVL tanks 23% following $100M Mango Market hack.
The $100 million exploit of Solana-based decentralized protocol Mango Markets has sent the value of its native token MNGO and that of SOL spiraling down over the last 24 hours. The post Solana TVL tanks 23% following $100M Mango Market hack appeared first on CryptoSlate. origin »
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These Cryptocurrencies Surged 50% in 3 Days Despite Bear Market, Here's Detailed Insight.
Here's why these cryptocurrencies surged 50% despite bear market origin »
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Defiolio: Future-proof your blockchain assets.
DeFi is an umbrella term used to describe decentralized financial applications built on the blockchain. The post Defiolio: Future-proof your blockchain assets appeared first on CryptoSlate. origin »
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Zerion Raises $12.3M to Facilitate Interoperable Web3 Identity.
Originally a DeFi platform that released a Web3 wallet in May, Zerion aims to make Web3 data and identity transition seamlessly across applications. origin »
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Bittrex in $29M Worth of Trouble With the U.S. Treasury Department.
The U.S. Treasury Department has imposed a penalty against the American cryptocurrency exchange, Bittrex. origin »
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Crypto Miner Core Scientific Will Defend its Interests in Celsius Bankruptcy.
Crypto hosting and mining company Core Scientific (CORZ) has issued fired back at Celsius Mining over allegations it is violating the beleaguered firm's bankruptcy filing. origin »
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Morgan Stanley Says Crypto Ecosystem is Becoming Less Decentralized.
The Ethereum blockchain has become more centralized following the shift to proof-of-stake as 60% of validators are managed by only four companies, the report said. origin »
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$25K or $15K BTC — CPI and US inflation data coming out on Thursday: Watch The Market Report.
On this week’s episode of The Market Report, Cointelegraph’s resident experts discuss the new CPI data and U.S. inflation rate to be announced on Thursday, Oct. 13. origin »
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New SHIB and SOL Pairs Supported by Kraken Exchange.
Kraken has added the listing of USDT pairs for a slew of cryptocurrencies, including Shiba Inu (SHIB) origin »
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BNY Mellon, Largest Crypto Custodian Bank, Launches Payments to China: Details.
Oldest US bank, BNY Mellon, has set up seamless cross-border transactions between Egypt and China origin »
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Texas Bitcoin Miners Face Scrutiny from Lawmakers.
Massachusetts Senator Elizabeth Warren has accused Texas miners of straining power grid origin »
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XRP Buyers in Limbo, Here's Why This Week Might Be "Big," Per This Analyst.
XRP has gained 37.9% in past month origin »
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Huobi Token (HT) Is Not Stopping After 60% Price Increase: Crypto Market Review, October 12.
Exchange's utility token is not stopping despite massive price rally we saw two days ago origin »
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Grayscale CEO Calling on Regulators to Act.
Grayscale CEO has called for regulatory framework after filing new legal brief in its lawsuit against SEC origin »
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Whales Sold 682 Billion SHIB, But They Might Regret This Now.
Recent data shows that over past few days, largest ETH whales have dumped $7 million worth of Shiba Inu origin »
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Doge Developer Profers Alternative to Expensive Mining as Dogecoin Chooses PoW.
Developer pointed out fact that present ASICs are created for profit maximalism origin »
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Here Are Next Key Dates in Ripple-SEC Lawsuit, BTC Just Broke New Record, Ripple Expands ODL to France and Sweden: Crypto News Digest by U.Today.
Check out the latest crypto news and updates in the industry with the U.Today news digest! origin »
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'High Risk' Crypto Activity Surges in Eastern Europe Amid Russia-Ukraine War: Chainalysis.
Crypto activity determined as "high risk" and "illicit" has surged in Eastern Europe since the start of the Russia-Ukraine war, according to a report by blockchain analytics firm Chainalysis. origin »
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Mango Markets Loses over $100 Million in a Price Manipulation Hack.
Mango Markets, a Solana Decentralized Finance platform, lost more than $100 million in a price manipulation attack. origin »
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Judge approves amicus briefs filed in Ripple’s defense – judgement expected H1 2023.
Judge Analisa Torres has reportedly approved I-Remit and Tapjet’s requests to file amicus briefs to defend Ripple Labs in the ongoing SEC vs. The post Judge approves amicus briefs filed in Ripple’s defense – judgement expected H1 2023 appeared first on CryptoSlate. origin »
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Bitcoin Technical Indicator Signals Big Moves With Some Traders Getting Ready to 'Sell Volatility'.
Options look pricier, one expert said, adding now is the time to sell volatility. origin »
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Everyrealm Eyes Communities of Scale in the Metaverse.
Everyrealm, a speaker at CoinDesk's IDEAS event, started by investing in metaverse real estate. Now that's only a small part of its portfolio. origin »
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Bitcoin prepares for CPI showdown as BTC price dips below $19K cost basis.
BTC price performance declines in line with U.S. equities ahead of classic volatility engendered by CPI data.
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WisdomTree’s Spot Bitcoin ETF Rejected by the SEC.
WisdomTree had refiled for a spot bitcoin ETF after previously being denied. origin »
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Ethereum (ETH) Price Analysis for October 12.
How great are chances to see further rise of Ethereum (ETH)? origin »
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DeFi Protocol Temple DAO Struck by $2.3M Exploit.
Temple DAO, a DeFi protocol that offers users yields on deposits, has been hit by a $2 million exploit, according to blockchain security firm PeckShield. origin »
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River Financial Releases New Lightning Integration Currently Used By El Salvador.
River’s Lightning service is the backbone for Chivo Wallet in El Salvador and removes the need for developers to have their own Lightning infrastructure. origin »
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Ripple's Major Partner in Europe Joins Digital Pound Foundation: Details.
Ripple's financial technology enables international real-time payments origin »
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ADA and BNB Price Analysis for October 12.
Which altcoins from top 10 list can rise soon? origin »
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