3 reasons why Quant Network’s QNT token may have topped after 450% gains since June
QNT whales have started securing profits after the token’s 450%-plus price rally since June 2022.
Crypto
Turkey taps blockchain for e-Human project, President Erdoğan announced
Turkish President Recep Tayyip Erdoğan shared new details about the country’s e-Human project powered by blockchain.
Report: India ranks third in the world in terms of Web 3.0 workforce size
There are currently 450 Web 3.0 startup in the country, including four unicorns.
Celo Protocol Moola Market Loses Over $10M in Market Manipulation Attack
Over 93% of the stolen funds were returned to the protocol shortly after the attack, developers said.
Prosecutors argue ‘insider trading’ claim in the OpenSea case is accurate
Federal prosecutors have argued against a claim made by the former OpenSea product manager that the term “insider trading” is “inflammatory.”
Israel’s Government and Tel Aviv Stock Exchange Preparing to Issue Digital State Bond
Israel’s Ministry of Finance and the Tel Aviv Stock Exchange (TASE) are preparing to issue a blockchain-based digital state bond.
Institutions ‘moving very, very fast’ into Crypto: Coinbase exec
D’Agostino also said the recent battles between the SEC and CFTC is a good thing for crypto because it indicates that it will be a “vitally important piece of market structure” moving forward.
Major client demand the ‘tipping point’ for BNY Mellon’s crypto services
BNY Mellon CEO Robin Vince pointed to a survey earlier this year which found 91% of institutional asset managers were interested in investing in tokenized assets.
German crypto bank Nuri tells 500K users to withdraw funds ahead of shut down
Nuri will maintain crypto trading services until the end of November, and has encouraged users to withdraw their assets before the mid-December deadline.
Nifty News: Top 10 CryptoPunks wallet lays dormant, house sells on OpenSea, and more
A dormant nonfungible token (NFT) wallet from 2017 with 141 CryptoPunks has been found to have minted the now ludicrously expensive NFTs for a possible $7 each.
‘Cryptoqueen’ associates face German court for role in $4B OneCoin scheme
The whereabouts of “Cryptoqueen” Ruja Ignatova are still unknown but the charges against OneCoin members are starting to pile up.
First Mover Asia: All Eyes on Aptos; Cryptos Trade Down Even as Stocks Rise
Aptos is launching at a time when the only concerns about the price of gas involve petroleum, not the virtual metaphor; bitcoin held comfortably above its recent $19,000 support.
BTC energy use jumps 41% in 12 months, increasing regulatory risks
Despite the European Union rejecting a proposal banning crypto mining earlier this year, more regulations could soon be implemented to mitigate the environmental impacts of crypto mining.
Jack Dorsey unveils decentralized social with algo choice and portable accounts
The long-awaited “Bluesky Social” app is now accepting users for private beta and says it will “launch soon”
Moola Market attacker returns most of $9M looted for $500K bounty
The attacker has scored about a half-million dollar “bug bounty” after choosing to return a majority of the cryptocurrency they exploited from the Celo-based lending protocol.
Aptos Token Plunges in Trading Debut
The native token of Aptos blockchain opened for trading late Tuesday.
A16z Doesn’t Support Plan to Break Up DeFi Giant MakerDAO
MakerDAO, one of the largest decentralized protocols, is in the middle of a makeover. Rifts have emerged between investors and founders as they offer competing plans for making the protocol more decentralized and try to drive growth.
IRS Expands Key US Tax Language to Include NFTs
Newly released draft instructions for the 2022 tax year change the language from “virtual currency” to broader “digital assets.”
DAOs need checks and balances to have better governance
Decentralized autonomous organizations would benefit from greater checks and balances that prevent influential minorities from seizing control.
Effort to Reverse Bitcoin Fund Rejection Wins Broad Crypto Industry Support
In the brief,the Blockchain Association and two other groups said that a spot bitcoin ETF “was ideally suited” for investors seeking exposure to bitcoin.
NFT project Azuki launches Physical Backed Token
The company said that the open-source token standard intends to tie a physical item to a digital token on the Ethereum blockchain.
Ethereum launches testnet for Shanghai upgrade: Here’s what is next
Staked ETH withdrawals and lower gas fees are among the developments expected with the upgrade.
Here’s why Bitcoin price could tap $21K before Friday’s $510M BTC options expiry
Bears are currently better positioned for this week’s $510 million BTC options expiry, but their overconfidence could give bulls a chance to flip the table.
Latin American Exchange Lemon Integrates with NFT Marketplace TravelX to Allow Airline Ticket Purchases
Users of Lemon will be able to purchase up to two tickets per person and receive 50% cashback in bitcoin.
New Bitcoin-Focused VC Firm Ego Death Capital Raising $30M
The fund had raised over $11 million of its target as of mid-September.
Voyager Digital won’t sue its executives for incompetence, will claim insurance on them
CEO Stephen Ehrlich and financial head Evan Psaropolous will keep their jobs even though they okayed a huge loan to Three Arrows Capital without sufficient due diligence.
Market Wrap: Crypto Prices Decline Slightly as Trading Volumes Continue to Sag
Bitcoin and ether volatility have also been declining but the futures estimated leverage ratio for both has been rising. Market Wrap is CoinDesk’s daily newsletter diving into what happened in today’s crypto markets.
Bitcoin Slips as Stocks Rise, Sparking Speculation Over Correlation
BTC’s 30-day correlation with stocks drops to the lowest since January. The U.S. Federal Reserve’s aggressive interest hikes are “likely priced in,” a researcher says.
Silvergate Capital’s crypto-to-fiat transfers decrease by $50B compared to Q3 2021
Shares tumbled over 20% on the NASDAQ exchange on the weaker-than-expected earnings.