Crypto

Binance sees whale outflows and retail inflows amidst leadership shuffle

Quick Take The current year has witnessed a unique trend on Binance, one of the world’s largest digital exchanges. By analyzing the netflows, a stark divergence can be observed with transactions of $1 million or more and those less than $1 million. Larger transactions are experiencing predominantly outflows, indicating that whales, or large holders of […]
The post Binance sees whale outflows and retail inflows amidst leadership shuffle appeared first on CryptoSlate.

30 Nov 2023

UK Won’t Excuse Ignorance in the Hunt for Unpaid Crypto Taxes, Experts Say

The government could use a number of different ways to track down crypto tax evaders, CoinDesk was told.

30 Nov 2023

Crypto for Advisors: Investing in Web3

Alex Tapscott, author of the recently published book Web3: Charting the Internet’s Next Economic and Cultural Frontier, takes us through Web3 investment opportunities in today’s Advisors.

30 Nov 2023

A Suspicious ‘Munger’ Coin Soars Then Crashes After Billionaire Charlie Munger’s Death

A memecoin that was minted 15 minutes after Charlie Munger's death soared by more than 31,000% before losing 98% of its value over the subsequent 24-hours.

30 Nov 2023

There Are Tentative Signs of Revival in DeFi and NFT Markets, JPMorgan Says

Expectation of U.S. approval of a spot bitcoin ETF has led to an increase in DeFi and NFT activity in recent months, the report said.

30 Nov 2023

MicroStrategy Bought $600M of BTC in November, Increased Holdings by 10%

MicroStrategy is also looking to raise up to $750 million in a sale of class A common stock.

30 Nov 2023

Decentralized Infrastructure Provider Grove Raises $7.9M

Decentralized infrastructure is the use of blockchain technology and token incentives to build physical networks so other projects don't need to incur the costs of buying and running their own equipment.

30 Nov 2023

Institutional Crypto Trading Platform Talos Taps Into Uniswap’s Liquidity

It's the first time Talos will be routing trades through a decentralized exchange.

30 Nov 2023

Bitcoin Miner AntPool to Refund Record $3M BTC Transaction Fee

AntPool said it would verify the identity of the sender if they sign an on-chain message via another bitcoin transaction using the same message – which will prove ownership.

30 Nov 2023

First Mover Americas: Demand for Bitcoin Futures ETF BITO Ramps Up

The latest price moves in bitcoin [BTC] and crypto markets in context for Nov. 30, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

30 Nov 2023

The Benefits of Building Apps On-Chain

Blockchain networks are information networks, which can be leveraged to build new types of tools and experiences, Variant's Alana Levin writes.

30 Nov 2023

Central Banks Aren’t Sufficiently Ready for CBDC Risks: BIS Report

The introduction of central bank digital currencies could have major implications on the stability, the report said.

30 Nov 2023

Miami Crew Leader Sentenced to 63 Months in Prison for Crypto Fraud

In April, Esteban Cabrera Da Corte pleaded guilty to participating in a crypto scheme that defrauded U.S. banks of $4 million.

30 Nov 2023

Polygon’s Secret Deal: Sending DraftKings Millions to Run Failed Validator

Polygon quietly gave DraftKings' validator preferential treatment while telling the public it was an "equal" member of the validator community.

30 Nov 2023

World’s Largest Bitcoin Futures ETF Breaks 2021 Record Highs for Assets Under Management

ProShares' BITO now has $1.47 billion in holdings, as a flurry of bitcoin ETF applications in the U.S. seemingly spurs institutional interest in the asset.

30 Nov 2023

‘Mysterious’ Address That Added 10K Bitcoin Is Just a New BitMEX Wallet

BitMEX is internally transferring its bitcoin holdings to a newer wallet type, according to on-chain firm CryptoQuant.

30 Nov 2023

Hong Kong Securities Trade Group Proposes Initial Coin Offering Portal

Hong Kong was once a hub for ICOs until regulators cracked down. Times have changed.

30 Nov 2023

NFT Prices Are Still Lagging Behind Ether’s Gains

Ether is up 70% year-to-date, but NFT indexes are still down 16% in dollar terms and 50% when denominated in ether.

30 Nov 2023

Children’s Curiosity Meets the Metaverse: Yat Siu’s Engaging Q&A at YGG Web3 Summit

Explore Yat Siu's insights on the metaverse and web3, answering kids' questions on crypto, gaming, online safety, and more during the inaugural day of the YGG Web3 Games Summit.

30 Nov 2023

ARK Invest Sells Another $5M of Coinbase Shares; Buys Robinhood, SoFi

The sale of 38,668 COIN shares from the Ark Fintech Innovation ETF follows a similar offload on Monday.

30 Nov 2023

Digital Asset Investment Platform Fasset Wins Operational License in Dubai

Fasset, a digital asset investment platform, has won the licence to operate in Dubai as a Virtual Asset Service Provider (VASP), allowing it to serve institutional investors, qualified investors and retail investors.

30 Nov 2023

Crypto exchange FTX gets nod to sell $873M of assets to repay creditors

Nearly $700 million of the $873 million trust assets allowed to be sold by FTX comes from Grayscale’s flagship product, the Grayscale Bitcoin Trust, or GBTC.

30 Nov 2023

Bitcoin ETF race gets 13th entrant, BlackRock revises ETF model

Pando’s ETF bid comes as several spot Bitcoin ETF applications draw closer to a final decision deadline.

30 Nov 2023

The Algorand Foundation Expands Its Footprint in India

Blockchain protocol Algorand (ALGO) has expanded its footprint in India by securing new partnerships with NASSCOM, India's trade body and chamber of commerce for the tech industry, T-Hub, a prominent innovation hub, and the Mann Deshi Foundation which ...

30 Nov 2023

Brazilians may soon need to stump up taxes on crypto held abroad

The new rules would make income from crypto held on exchanges outside Brazil taxable at the same rate as local income.

30 Nov 2023

Research the dynamics of market manipulation before you jump in Bitcoin ETFs

Bitcoin ETFs could be subject to manipulation in the spot Bitcoin market. The SEC's chief concern is figuring out how to prevent manipulation induced by ETFs.

30 Nov 2023

Over 75% of Web3 games ‘failed’ in last five years: CoinGecko

The “failed” blockchain games are those that have seen their 14-day moving average number of active users down more than 99% from its peak.

30 Nov 2023

Goerli Long Term Support Update

In the coming months, Goerli, Ethereum's first multi-client testnet, will stop being supported by client and EF testing teams. The Dencun network upgrade will be the last one implemented on the network. Either three months after the Goerli Dencun acti...

30 Nov 2023

Celo Developer Proposes Mid-January Timeline for Evaluating Closely Watched Layer-2 Move

With hot competition between layer-2 technology providers like Optimism, Polygon and Matter Labs, Celo's choice is being closely watched by the blockchain industry.

29 Nov 2023

Can Sony and Microsoft bring blockchain to gaming consoles?

Sony and Microsoft are angling to get into crypto gaming. Will they be able to succeed where others in the industry have failed?

29 Nov 2023