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For today, we have mostly good news. The FTX story, of course, isn’t going anywhere, and all the stories connected to it will keep popping up on the net. However, we focused the digest on other events: development, improvements, and updates.
What’s wrong with you, “Ethereum killer”? Binance, Bybit and BitMEX, and OKX suspend support for Solana versions of USDT and USDC stablecoins. Later, Binance resumed deposits for USDT (SOL).
One of the main reasons for Solana’s increased losses was its close ties to FTX and its ex-chief Sam Bankman-Fried. Investors got nervous. And developer activity on Solana dropped to a record low on Nov. 11.
The Solana DeFi ecosystem also suffered. The total locked-in value (TVL) fell more than 96% from its all-time high of $10 billion.
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Nexo is about to launch its own multifunctional EVM-compatible smart wallet called Nexo Wallet. It will also function as an identity wallet, allowing users to use non-exchangeable tokens (NFT) and Ethereum Name Service (ENS) to create and take advantage of their self-managed Web3 profile.
Nexo Wallet works with five blockchains: Ethereum, Polygon, Binance Smart Chain, Fantom, and Avalanche-C.
Adidas introduced its first collection of wearable NFTs, Virtual Gear, which includes 8 silhouettes in 16 variations.
El Salvador’s President Nayib Bukele announced that the country will buy one bitcoin each day starting November, 18. El Salvador already has about 2,381 bitcoins, with an average purchase price of about $43,000 and a loss of about $63 million.
The VeChain Foundation announced what it calls a “new era” as the final stage of Proof of Authority (PoA) 2.0, seamlessly branching out from the core network and adding “completeness” to VeChainThor.
With this upgrade, VeChain will be able to provide the ideal platform for sustainability in both energy consumption and real change. And it will be able to cope with the growing demand due to good scalability.
The Depository Trust & Clearing Corporation (DTCC), the world's largest securities settlement system, alongside blockchain…
Canadian authorities have charged Aiden Pleterski, a self-proclaimed "crypto king" and well-known social media figure,…
Recent 13F filings with the U.S. Securities and Exchange Commission (SEC) show that over 600…
Switzerland is taking steps to align with international crypto tax reporting standards by planning to…
Hey Crypto Enthusiasts! 👋 🚀 The crypto market is flying up Bitcoin and altcoins…
Since the beginning of April, the cryptocurrency market has seen the creation of over one…