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Layer2 networks on Ethereum have seen the total value of assets locked in the ecosystem cross $5 billion due to the recent market rally.
Huobi has seen its stock fall as its derivatives trading volume for September plunged 27.9% to $9.56 billion, continuing its freefall from the start of the year.
Over 50 million HT tokens have left exchanges over the last 30 days indicating that investors are bullish on HT for the long term.
Tether cuts all its commercial paper holdings, crypto exchanges block Russian users following EU sanctions, and much more in this edition of CryptoSlate Wrapped Daily.
Justin Sun was recently named as an advisor to Huobi as part of restructuring plans to transfer ownership to About Capital, Huobi's new owner.
Arbitrium's Offchain Labs acquires leading Ethereum client, 21Shares launches its spot BTC ETP in Dubai, and much more in this edition of CryptoSlate Wrapped Daily.
Elon Musk offers to buy Twitter at $44 billion, bankrupt Celsius set to auction assets on Oct. 20, and much more in this edition of CryptoSlate Wrapped Daily.
The 166 year-old bank is struggling amid a series of disastrous events, but Justin Sun is willing to buy Credit Suisse assets and bring them into Web3.
The wMarket Update condenses the most important price movements in the crypto markets over the last 24 hours, published 08:00 UTC on weekdays.
The wMarket Update condenses the most important price movements in the crypto markets over the last 24 hours, published 08:00 UTC on weekdays.
Wintermute CEO Evgeny Gaevoy said the firm's Cefi and OTC operations were not affected by the hack.
Valkyrie's Tron Trust and Avalanche Trust adds new capital on top of the firm's $1.2 billion in Assets Under Management at the close of the second quarter.
Developer Nicholas Gregory thinks Mercury Wallet could be the answer to personal privacy during a time of governmental overreach.
The TRON founder said multiple backing assets and an over-collateralized reserve mean USDD is not prone to the same vulnerabilities as UST.
Brandon Quittem highlighted that the proof-of-stake consensus is at the risk of centralization, censorship while also arguing that PoW has a lower barrier of entry.
Beacon Chain validators holding 66% of the total stake would comply with sanction requests, igniting discussion on Ethereum censorship resistance.
Coingecko data showed that USDT's supply rose by 2.6% in 30 days to $67 billion, while USDC declined 2.1% to $53 billion.
Decentralization may be under attack as Aave, Uniswap, Balancer and more reportedly ban wallets which have interacted with Tornado Cash. A centralized dataset created by TRM Labs appears to be responsible for the accounts being banned.
Huobi Group's founder Leon Li is reportedly in talks with Tron founder Justin Sun and FTX founder Sam Bankman-Fried to sell his majority stake in the exchange.
Crypto exchanges like MEXC, Gate, and OKX have hinted that they could list the forked version of Ethereum.
