Market
NFTs
OpenSea’s Ethereum gas usage has declined to almost zero
OpenSea’s Ethereum NFTs trading volume has declined for five consecutive months, according to dune analytics data.
Crypto
CryptoSlate Daily wMarket Update – DEC. 1: Top 10 cryptocurrencies record mixed market performance
The wMarket Update condenses the most important price movements in the crypto markets over the reporting period, published 07:45 ET on weekdays.
CBDCs
US lawmakers question private firms’ role in development of a CBDC
The lawmakers said there was not enough transparency surrounding the roles of the private companies involved in Project Hamilton.
Hacks
Binance freezes $3M from Ankr exploit
A hacker exploited a bug in Ankr Protocol's code to mint six quadrillion aBNBc tokens and converted part of it into $5 million USDC.
Wallets
Coinbase Wallet says Apple requested 30% of all NFT transfer gas fees
Coinbase Wallet wrote that Apple's request was "clearly not possible," adding that "Apple’s proprietary In-App Purchase system does not support crypto."
Analysis
Solana crashes 55% in November but NFT trades still booming
According to CryptoSlate data, SOL was one of the worst-performing digital assets in the last 30 days.
Crypto
CryptoSlate Daily wMarket Update – Nov. 30: Bitcoin breaks $17K resistance as markets expect slower rate hikes
The wMarket Update condenses the most important price movements in the crypto markets over the reporting period, published 07:45 ET on weekdays.
Analysis
November was the second worst month for Bitcoin, fourth worst for Ethereum
Bitcoin and Ethereum experienced one of their worst months in 2022 in the just concluded November.
Analysis
Ethereum accumulation trend hits new highs following FTX implosion
CryptoSlate's analysis of Glassnode data shows that whales, sharks and even shrimps have been accumulating Ethereum at an aggressive rate.
Crypto
CryptoSlate Daily wMarket Update – Nov. 29: Bitcoin briefly trades above $17K as market rally continues
The wMarket Update condenses the most important price movements in the crypto markets over the reporting period, published 07:45 ET on weekdays.
Exchanges
Binance re-enters Japan, controls over 75% of exchanges’ monthly trading volume
Binance now controls over 75% of exchnages' monthly trading volume, according to available data.
Wallets
Coinbase wallet drops support for XRP, Bitcoin Cash, Ethereum Classic and XLM
Coinbase Wallet is stopping support for Ripple's XRP, Bitcoin Cash (BCH), Ethereum Classic (ETC), and Stellar (XLM).