The latest Bitcoin, DeFi, NFTs and web3 news from CryptoSlate.
Avalanche’s first memecoin SDOG ends in a $30M possible rugpull
The first dog coin experiment to launch on Avalanche ended spectacularly.
Crypto scammers make $9 million on fake YouTube streams
Crypto scammers during the month of October got around $9 million by defrauding their victims through fake giveaway scams on YouTube.
Bank of England chief expresses concern over El Salvador’s Bitcoin experiment
Andrew Bailey continues to slam Bitcoin in his latest address by calling the El Salvador experiment concerning.
Solana (SOL) consumes less energy than two Google searches, report claims
Blockchain network Solana has disclosed key findings highlighting the network’s fast processing and minimal energy consumption in its energy report for November.
Whales bought 40,000 Bitcoin during the dip this week
It appears that Bitcoin whales do not care about the current price dip of the asset as they have spent over $2 billion in the last seven days.
Data indexing solution SubQuery Network will be launching on Acala
Polkadot's leading data indexing service is set to become fully decentralized.
Bitcoin dumps $2,000 within minutes as new COVID strain detected
Global markets reacted shortly after news broke out of a new COVID strain found in South Africa.
Grayscale says metaverse is a $1 trillion industry following rise of MANA, SAND, and AXS
Grayscale in a new report has said that the metaverse has an economic potential of over $1 trillion.
Linkin Park frontman Mike Shinoda to launch music NFTs on Tezos
The musician's latest music project will be published in the form of Tezos-based NFTs.
Metaverse ‘land sales’ come to PolkaStarter
Next week, users will be able to become virtual land owners through Polkastarter.
Ripple co-founder Jeb McCaleb’s “XRP dumping” has been on pause for the last 3 months
Speculation mounts on McCaleb's reasons for not selling his stash of XRP tokens.
Morgan Stanley just bought the Bitcoin (BTC) dip through Grayscale shares
Morgan Stanley, through three of its funds, cumulatively holds over 6.5 million Graycale’s Bitcoin shares which are worth over $300 million.
Crypto.com targeting mass adoption by acquiring Staples Center naming rights
After spending $700 million on the naming rights to the Staples Center, the Crypto.com exchange token price doubled its value.
Moonbeam wins Polkadot’s second parachain auction with $1.4 billion pledged
The EVM-compatible smart contract platform set a new precedent for crowdloans.
‘3D’ NFTs make their way to the Internet Computer (ICP) network
NFT Studio currently comprises two tools — a 3D voxel engine and a pixel engine -- to build 3D NFTs and mint them immediately.