Altcoins

The cryptocurrency market cap saw net outflows of $11.99 billion and currently stands at $839.47 billion — down 1.4% from $851.46 billion over the last 24 hours.Over the reporting period, Bitcoin’s market cap fell 1.1% to $323.06 billion…

Liquidators of Three Arrows Capital (3AC) have received approval to issue a subpoena to co-founders Su Zhu and Kyle Davis.A subpoena is an order issued by the court to have the recipient testify and provide documents needed in a legal…

Singapore, December 7, 2022 — Web3 entertainment company Digital Entertainment Asset (DEA) has announced the launch of Lucky Farmer, a new NFT game on the PlayMining gaming platform. Lucky Farmer joins a rapidly growing catalog of…

Long-term Bitcoin (BTC) holder behavior is considered one of the most determinate factors to assess BTC performance, the market’s top, and the market’s bottom. Long-term holders are defined as addresses that haven’t moved any of their…

In June 2022, following the Terra collapse, the demand for puts rose while implied volatility collapsed, the same as in the recent crypto bear market after the fall of FTX. The performance of the options market and implied volatility…

Did Sam Bankman-Fried knowingly commingle funds? We shouldn’t need to care. If crypto is to reach its full potential, the industry cannot rely on entities like FTX and other centralized exchanges.There should be no need for centralized…

The first episode of the “Bit Talk” podcast discusses recent developments in the world of Bitcoin. Hosted by Akiba and James from CryptoSlate as well as Bitcoin pioneer Nick from Mercury Wallet, the podcast is a bite-sized,…

A top executive at Cardano (ADA) developer Input Output Hong Kong (IOHK) says the crypto space is comparable to the dot-com bubble era. In a newly posted interview with crypto analyst Scott Melker at the Messari Mainnet Conference…

Ethereum (ETH)-based decentralized oracle network Chainlink (LINK) is announcing the launch of its highly-anticipated staking feature. Yesterday, Chainlink announced the soon-to-come launch of a staking protocol was ready to go…

US crypto exchange Coinbase is giving surprise support for two Ethereum (ETH)-based altcoin projects, including one that’s outperformed much of the markets over the last week. In an announcement via Twitter, Coinbase says it will…

While Bitcoin is usually considered the backbone of the crypto industry, one should never underestimate the role stablecoins play in the market.Stablecoins are essentially the fiat currency of the crypto ecosystem and act as the main…

SushiSwap Head Chef Jared Grey has initiated a proposal to increase the Treasury’s xSUSHI revenue from 10% to 100%.SushiSwap is a decentralized exchange platform that generates revenue from trading fees. Users who stake their SUSHI…

Ethereum (ETH) has become inflationary once again following the reversal of deflationary gains seen in November after the FTX fallout.ETH supply graphDespite only recently becoming the most deflationary it had ever been, ETH supply…

The cryptocurrency market cap saw net outflows of $17.52 billion and currently stands at $851.46 billion — down 2% from $868.98 billion over the last 24 hours.Since the weekend, Bitcoin’s market cap fell 2.5% to $326.62 billion from…

Silvergate CEO Alan Lane wrote a Dec. 5 public letter to reassure stakeholders that the firm employs the best due diligence process and has a robust risk management control.Silvergate addresses FTX, Alameda exposureLane wrote that the…

The crypto industry has always been highly volatile, but few could have predicted the turmoil it experienced in 2022. This year has been unprecedented for the industry, with every aspect affected by the collapse of Luna and FTX.Aside…

ConsenSys’ MetaMask has been criticized for changing its privacy policy to notify users that it will track IP addresses upon sending transactions. The move is seen as a threat to personal privacy, with concerns that MetaMask’s parent…

Institutional crypto lending protocol Maple Finance has moved to end all its business deals with Orthogonal Trading over concerns that the latter is “effectively insolvent.”Maple Financial lending partner Orthogonal Trading was caught up…

Reflexity Research cofounder Will Clemente tweeted on Dec. 5 that stablecoins were one of the few crypto use cases that have found product market fit despite the current market condition.Stablecoin aggregate volume reaches ATHCiting…

The firm behind the second largest stablecoin by market cap is backing out of a multi-billion dollar deal to go public. According to an official announcement, Circle and Concord Acquisition Corp are mutually terminating a proposed…