The latest Bitcoin, DeFi, NFTs and web3 news from CryptoSlate.
Layer 2 Ethereum protocol Optimism officially removes Whitelist, will allow devs to deploy directly on its mainnet
Layer 2 optimistic rollup network, Optimism has officially removed the Whitelist feature from its network, enabling developers to deploy arbitrary codes directly on its mainnet.
AWS’ latest outage, a stark reminder of the dangers of Big Tech and urgent need for Web3: IoTeX Co-Founder Xinxin Fan
For years, cybersecurity experts have warned of the potential dangers of allowing a handful of Big Tech firms to monopolize the Internet.
Russia’s central bank wants to prohibit crypto investments: report
Centrobank is reportedly concerned that growing volumes of crypto trading could present risks to financial stability.
Op-Ed: The real reason El Salvador adopted Bitcoin
El Salvador’s bold decision to adopt Bitcoin as legal tender inspired countless critical headlines, even before fresh-faced president Nayib Bukele’s November announcement of plans to build a volcano-powered Bitcoin City.
Rug pulls pushed this year’s crypto scam revenue over $7.7 billion, Chainalysis finds
Rug pulls surfaced as the “go-to scam” this year, accounting for 37% of all cryptocurrency scam revenue in 2021.
Marvel fans blast the use of Stan Lee’s Twitter to promote Chakra The Invincible NFTs
Fans say Stan Lee's legacy has been defiled through the shilling of NFTs.
Kraken to join list of exchanges launching a NFT marketplace
Kraken’s CEO has hinted that the exchange could also be launching its own NFT marketplace soon.
Sotheby rakes $100 million profit from NFT auctions
Sotheby made $100 million from auctioning NFTs and its buyers were mostly under 40.
Senator Warren calls DeFi the most dangerous space in crypto
Senator Warren in a recent hearing has said that curtailing the growth of stablecoins could help to halt DeFi
World’s first “embeddable DEX” AlgoSwap launches on Algorand
Headline Inc, an Algorand based startup, has successfully deployed a customized DEX platform on the Algorand blockchain called AlgoSwap.
Coinbase strikes a promo deal with NBA player Kevin Durant
As part of a strategic alliance, Durant will actively promote Coinbase on all his major business platforms
Nexo teams up with Three Arrows Capital and launches NFT Lending Desk
The crypto lender is currently accepting Bored Apes Yacht Club and CryptoPunks NFTs, with more collections to be added in the coming weeks.
NBA legend Michael Jordan teams up with Solana for “Heir” community platform
The Heir platform aims to bring athlete "huddles" to boost fan engagement in sports.
Banksy’s renowned Wharf Rat will be auctioned as an NFT
The NFT drop will commence from the 17th to the 19th of December.
This Bitcoin on-chain analyst says retail hasn’t “bought the dip this hard” since the Covid crash
While the Bitcoin price continues to stubbornly move sideways, market watchers are wondering how the year will end–is there time for another rally or will the support at $46.000 cave? Despite the tight trading range over the past two weeks, popular Bitcoin on-chain analyst Willy Woo pointed out indicators that are showing no signs of […]