Aussie stock exchange abandons blockchain plans, leaving $170M hole
The blockchain-backed upgrade in the works for nearly five years has potentially cost Australia’s primary exchange over $170 million. Go to Source Powered by WPeMatico
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DeFi platforms see profits amid FTX collapse and CEX exodus
On-chain data flashed positive for DEXs and an increase in protocol revenue, even as markets corrected due to FTX’s insolvency. Go to Source Powered by WPeMatico
FTX debacle sees Nansen take stock of major exchange onchain holdings
Blockchain analytics firm Nansen has released an overview of major cryptocurrency exchanges’ onchain asset holdings and portfolios in the wake of FTX’s collapse. Go to Source Powered by WPeMatico
Onchain Data Reveals Alameda Acquired Specific Tokens a Month Before FTX Listings
According to a report stemming from the blockchain analytics firm Argus, Sam Bankman-Fried’s trading firm Alameda Research obtained tokens ahead of FTX.com listings. The report claims that Alameda acquired roughly $60 million worth of tokens before the digital assets were scheduled to be listed on FTX. Blockchain Analytics Firm Says Alameda Had an Insider’s Edge … Read more
Arbitrum sees steady growth as airdrop speculation leads to increased earnings
Arbitrum earnings are soaring as daily active users flood the layer-2 platform with the hope of an eventual airdrop. Go to Source Powered by WPeMatico
Is GPU mining profitable after the Ethereum Merge?
The Ethereum merge is the upgrade from proof-of-work to proof-of-stake as a way of validating block transactions on the network. Go to Source Powered by WPeMatico
Crypto token supplies explained: Circulating, maximum and total supply
Circulating, maximum and total supply are all essential metrics for an investor’s price discovery. Find out here what they are and how they can be used. Go to Source Powered by WPeMatico
Soccer Superstar Lionel Messi Joins NFT Game Sorare as Investor and Brand Ambassador
Lionel Messi, one of the biggest Argentine soccer superstars, has announced his participation as an investor and brand ambassador in Sorare, an NFT (non-fungible token) game. Sorare hopes that Messi’s presence will improve the way in which the company relates to users, setting new standards in this regard. The economic details of the deal were … Read more
Report: Singapore’s State Investor Temasek Is Engaging With Embattled Crypto Exchange FTX
According to a report published on Nov. 9, 2022, Temasek Holdings, the Singaporean state holding company owned by the government of Singapore is allegedly engaging with FTX amid Binance’s plans to bail out the crypto trading firm. Singapore’s state investor has been known to have invested in the cryptocurrency and blockchain industry for quite some … Read more
Nexo dodges $219M bullet just days before FTX’s solvency crisis
The firm withdrew its remaining balance from FTX at the eleventh hour, and topped weekly fund outflows from the troubled exchange. Go to Source Powered by WPeMatico