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In case you missed out: top crypto and Web3 news for November 9 in brief

Tanja Nechet

News editor

Nov 9, 2022 at 06:47

Let’s leave the stories about the gray checkmarks of media and celebrity verification and other specific expressions of free speech on Twitter performed by Elon Musk for later. The whole crypto world is buzzing after the news of the FTX meltdown, and social media is filled with the bitter tears of bankrupt investors. As for the other news, it is not so striking. But they are no less important to someone.

Surprise from MetaMask

MetaMask now allows users to bridge across multiple blockchain networks using MetaMask Bridges. This beta version currently supports 1:1 bridges of up to $10,000 to transfer ETH/WETH, regular stablecoins, and native gas tokens across these EVM networks.

Next victim?

Crypto.com informed customers that it has suspended deposits and withdrawals of USDC and USDT on the Solana blockchain. The move came after the cryptocurrency market suffered a collapse following Binance’s announced FTX acquisition.

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Kardashian takes top

A federal judge issued a preliminary ruling in favor of Kim Kardashian and other celebrities in a lawsuit for promoting the suspicious cryptocurrency EthereumMax on a social network, Bloomberg reports. Kardashian and boxer Floyd Mayweather Jr. obtained a preliminary dismissal of the lawsuit.

Roblox doesn’t rock

Roblox Corporation reported big losses in its financial report for the Q3 of 2022. Shares fell 14% on the premarket. For example, sales were $517.7 million, compared to analysts’ average estimate of $692 million.Net loss per share was $302 million versus analysts’ average estimate of $204 million. 

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