Market
Gaming
Magic: The Gathering’s creator launches new PvP card game in collaboration with Tyranno Studios
Garfield is the architect of the fantasy card game “Magic: The Gathering” and was responsible for the development of trading card games generally.
NFTs
Art Gobblers trading volume surges as floor price spikes
The overall crypto community has criticized the collection, saying only influencers got whitelisted.
Legal
Coinbase argues SEC’s XRP lawsuit caused $15B in losses for retail traders
According to the exchange, the SEC action forced U.S.-based exchanges to delist XRP, causing retail customers significant losses as the coin's market cap declined.
NFTs
OpenSea Ethereum trading volume declines 13% as BAYC floor switches platforms
DappRadar data shows that the trading volume of other layer1 blockchain networks NFTs trading on OpenSea is up except that of Solana and Ethereum.
DeFi
Aptos-based DeFi protocol Arco offers refund option after IDO issues
Arco revealed that several partners of the DeFi protocol had ended their partnerships because of the issues that happened during the IDO.
Adoption
Hoskinson predicts more crypto adoption as sovereign currencies fail
A recent Chainalysis report noted that crypto adoption in South America had grown by 40% within the last year.
Regulation
Hong Kong issues policy statement on crypto
New World CEO said Hong Kong could become the only place in China where virtual asset services are legal, citing the new regulations.
Analysis
Ethereum price outperforms other L1 networks
Layer2 networks on Ethereum have seen the total value of assets locked in the ecosystem cross $5 billion due to the recent market rally.
Crypto
CryptoSlate Daily wMarket Update – Oct. 27: Dogecoin continues impressive run as BTC, ETH flatlines
The wMarket Update condenses the most important price movements in the crypto markets over the last 24 hours, published 07:00 ET on weekdays.
DeFi
DeFi protocol deBridge to launch new standard for cross-chain transfers
The DLN architecture enables limitless cross-chain value transfer with zero slippage and no need for assets to be locked in the ecosystem.
Stablecoins
SBF hints FTX could potentially create its own stablecoin
FTX founder Sam Bankman-Fried said that the Second Great Stablecoin War had begun following Binance-backed BUSD's supply growth.
Adoption
Buterin says crypto is a better bet than gold
Buterin made the statement in response to Zach Weinersmith saying that people should buy gold over Bitcoin (BTC) since it does not have a centralized authority controlling it like fiat.