Polygon powers India police complaint portal, battling corruption
https://twitter.com/sandeepnailwal/status/1580124653300826113
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https://twitter.com/sandeepnailwal/status/1580124653300826113
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Twitter
Police Complaints(FIR) on blockchain powered by @0xPolygon
This is very close to my heart. We grow up hearing about so many of such cases wherein due to some corruption in a local police department, victims(mostly of rapes) are not even able to register…
This is very close to my heart. We grow up hearing about so many of such cases wherein due to some corruption in a local police department, victims(mostly of rapes) are not even able to register…
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Russian stablecoin usage surged after Ukraine invasion
https://blog.chainalysis.com/reports/eastern-europe-cryptocurrency-geography-report-2022-preview/
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https://blog.chainalysis.com/reports/eastern-europe-cryptocurrency-geography-report-2022-preview/
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Chainalysis
Eastern Europe's Crypto Activity Spikes Driven by War
Eastern Europe crypto market had $630.9B in value received on-chain between July 2021 and June 2022. Crypto activity spikes driven by war.
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MetaMask Adds Bank Transfers
https://consensys.net/blog/metamask/metamask-integrates-with-sardine-to-bring-instant-bank-to-crypto-option-for-u-s-users/
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https://consensys.net/blog/metamask/metamask-integrates-with-sardine-to-bring-instant-bank-to-crypto-option-for-u-s-users/
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Consensys
MetaMask Integrates With Sardine To Bring Instant Bank-To-Crypto Option For U.S. Users | Consensys
In an effort to diversify payment options for users, MetaMask now enables instant bank funding for U.S. customers to purchase crypto through ACH settlement merchant Sardine.
$575 Million Worth of BNB Burnt by Binance
https://twitter.com/binance/status/1580478795760340994
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https://twitter.com/binance/status/1580478795760340994
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X (formerly Twitter)
Binance (@binance) on X
#Binance Completes 21st Quarterly #BNB Burn!
🔥 2.06m #BNB has been burned 🔥
🔥 2.06m #BNB has been burned 🔥
OpenSea Weekly Volume Hits New 2022 Low.
OpenSea is down bad this week as the NFT marketplace has done only $70M of trading volume over the previous seven days. OpenSea saw just $6.2M of trading volume yesterday, representing the lowest daily volume in 2022 so far.
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OpenSea is down bad this week as the NFT marketplace has done only $70M of trading volume over the previous seven days. OpenSea saw just $6.2M of trading volume yesterday, representing the lowest daily volume in 2022 so far.
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NYDIG Sheds Over 30% of Its Staff Weeks After Aggressive $720M Bitcoin Fundraiser
https://beincrypto.com/nydig-sheds-30-staff-weeks-after-aggressive-720m-bitcoin-fundraiser/
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https://beincrypto.com/nydig-sheds-30-staff-weeks-after-aggressive-720m-bitcoin-fundraiser/
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BeInCrypto
NYDIG Sheds Over 30% of Its Staff Weeks After Aggressive $720M Bitcoin Fundraiser
Digital asset and crypto broker NYDIG is the latest to suffer the big freeze of crypto winter, as it has reportedly shed a third of its staff.
DBS bank dubs Bitcoin as ‘unique’ despite its volatile nature
https://www.finews.asia/finance/37831-dbs-bitcoin-is-an-unprecedented-opportunity
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https://www.finews.asia/finance/37831-dbs-bitcoin-is-an-unprecedented-opportunity
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finews.asia
DBS: Bitcoin is an Unprecedented Opportunity
Despite worries about persistent market volatility, bitcoin remains an unprecedented opportunity due to its ability to conduct uninterrupted trading without requiring a central counterparty for clearing, according to DBS.
Blockchain.com closes crypto custody for Russians amid EU sanctions
https://www.rbc.ru/crypto/news/634904aa9a794736c979e554
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https://www.rbc.ru/crypto/news/634904aa9a794736c979e554
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РБК Крипто
Кошелек Blockchain.com предупредил о блокировке пользователей из России
В компании предложили клиентам вывести свои средства до 27 октября, после этого счета будут закрыты
Mastercard Executive Says Payments Giant Working To Unlock Full Potential of Crypto and Digital Assets
https://www.mastercard.com/news/perspectives/2022/how-turn-cryptocurrencies-into-everyday-way-to-pay/
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https://www.mastercard.com/news/perspectives/2022/how-turn-cryptocurrencies-into-everyday-way-to-pay/
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Mastercard
How to turn cryptocurrencies into an everyday way to pay
Bringing together the best of tech, banking, fintech and crypto can fulfill the promise of crypto as a payment tool, says Mastercard's Raj Dhamodharan
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Magic Eden, the NFT marketplace that's primarily focused on Solana based project, has announced that it will transition to “optional royalties” and plans to launch a promotion with no platform fees.
https://twitter.com/MagicEden/status/1581101016686399491
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https://twitter.com/MagicEden/status/1581101016686399491
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Twitter
🧵After some difficult reflection and discussions with many creators, we’ve decided to move to optional royalties on @MagicEden.
Effective later today, we will also begin running a promotion to waive our platform fees.
Effective later today, we will also begin running a promotion to waive our platform fees.
Significant Lack of Demand In the Market:
The perpetual futures market significantly affects the short-term price movement of Bitcoin. As a result, it could be beneficial to assess the sentiment of the futures market, and one of the best metrics to do so is funding rates.
The funding rates have turned negative once again as the price has dropped from the $22K level and is consolidating at the $19K support. However, the metric’s values are significantly low compared to the 2019-2021 period indicating a massive lack of demand and activity in the futures market, which usually results in a period of consolidation and range phase. This metric should be watched closely in the short term as possible extreme negative values increase the probability of a short-squeeze and could cause a reversal in the cryptocurrency’s price.
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The perpetual futures market significantly affects the short-term price movement of Bitcoin. As a result, it could be beneficial to assess the sentiment of the futures market, and one of the best metrics to do so is funding rates.
The funding rates have turned negative once again as the price has dropped from the $22K level and is consolidating at the $19K support. However, the metric’s values are significantly low compared to the 2019-2021 period indicating a massive lack of demand and activity in the futures market, which usually results in a period of consolidation and range phase. This metric should be watched closely in the short term as possible extreme negative values increase the probability of a short-squeeze and could cause a reversal in the cryptocurrency’s price.
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$718 million across 11 different DeFi protocols have been hacked so far this month, according to blockchain analytics unit Chainalysis.
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📍 Follow @Coins for the hottest news in crypto.
Macau is betting on digital currency, CBDC as legal tender
https://www.gov.mo/pt/noticias/636407/
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https://www.gov.mo/pt/noticias/636407/
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Portal do Governo da RAE de Macau
O Conselho Executivo concluiu a discussão sobre a proposta de lei intitulada “Regime jurídico da criação e emissão monetária”
O Conselho Executivo concluiu a discussão sobre a proposta de lei intitulada “Regime jurídico da criação e emissão monetária”, a qual será submetida
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Crypto lender Celsius incurs more than $3 million in legal fees
https://cases.stretto.com/public/x191/11749/PLEADINGS/1174910152280000000012.pdf
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https://cases.stretto.com/public/x191/11749/PLEADINGS/1174910152280000000012.pdf
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Kanye West seen wearing Satoshi Nakamoto hat after JP Morgan let go of his $160M account.
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📍 Follow @Coins for the hottest news in crypto.
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Solana Co-Founder Throws Shade at Ethereum, Upsetting Polygon Co-Founder
https://twitter.com/sandeepnailwal/status/1581644614871617536
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https://twitter.com/sandeepnailwal/status/1581644614871617536
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Twitter
Its a bit sad to see such tweets from leaders of top L1s. They should focus on spending more time improving their own products than shitting on Eth. That strategy worked in the noise of bull markets but now people want to see the products and the products…
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Floki Inu Launches Petition to Get Binance to List FLOKI
https://twitter.com/RealFlokiInu/status/1581905591190327296
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https://twitter.com/RealFlokiInu/status/1581905591190327296
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'Not even a single TX has been censored on ETH' — Cyber Capital founder
https://twitter.com/justin_bons/status/1582074429684994048
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https://twitter.com/justin_bons/status/1582074429684994048
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FTX US and its founder Sam Bankman-Fried are the subject of an investigation by a securities regulator, following the bankruptcy case of Voyager Digital.
https://www.barrons.com/articles/ftx-us-sam-bankman-fried-probe-securities-regulator-51666020282
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https://www.barrons.com/articles/ftx-us-sam-bankman-fried-probe-securities-regulator-51666020282
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barrons
FTX US, Sam Bankman-Fried Are Subject of Probe
At issue are accounts that pay investors yield for depositing their cryptos with FTX US, the enforcement chief for Texas State Securities Board said.
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Dormant Bitcoin moved out from Coinbase Pro:
🚨A total amount of 48K $BTC has moved on-chain.
A Big portion are really old coins (between 3 and 5 years old).
▶️ 3m - 6m: 11,280 BTC
▶️ 12m - 18m: 4,560 BTC
▶️ 3y - 5y: 32,000 BTC
The outflow of 48K $BTC is coming from #Coinbase Pro and has a dollar value of $940.032.000,00 😱
Further investigation is needed to conclude whether it's an exchange in-house flow or sent to a new wallet or just a clean outflow.
🚨A total amount of 48K $BTC has moved on-chain.
A Big portion are really old coins (between 3 and 5 years old).
▶️ 3m - 6m: 11,280 BTC
▶️ 12m - 18m: 4,560 BTC
▶️ 3y - 5y: 32,000 BTC
The outflow of 48K $BTC is coming from #Coinbase Pro and has a dollar value of $940.032.000,00 😱
Further investigation is needed to conclude whether it's an exchange in-house flow or sent to a new wallet or just a clean outflow.
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