CRYPTO NEWS – November 16
Most major cryptocurrencies have dropped dramatically in the last week as a result of the destruction of popular exchange FTX. Particularly, Solana (SOL) has taken a tougher pounding than most because of its ties to FTX.
Get the up-to-date & breaking news about blockchain industry
and never miss the trends.
Get the up-to-date & breaking news about blockchain industry
and never miss the trends.
We are proud to support and invest in over 100+ blockchain projects, across multiple stages and sub-sectors.
Most major cryptocurrencies have dropped dramatically in the last week as a result of the destruction of popular exchange FTX. Particularly, Solana (SOL) has taken a tougher pounding than most because of its ties to FTX.
FTT, the token of FTX exchange, plummeted on November 8 amid controversy involving Changpeng Zhao, owner of Binance exchange. The token’s price fell from roughly
The idea of a Metaverse originated from Neal Stephenson in 1992. His science fiction novel Snow Crash envisioned an online world where people could use digital avatars to explore and escape from the real world.
Lingfeng Innovation Fund (LIF), a new venture capital fund led by former Binance Labs executive Nicole Zhang, landed $20 million to invest in crypto startups.
Fully operational, the INTERPOL Metaverse allows registered users to tour a virtual facsimile of the INTERPOL General Secretariat headquarters in Lyon, France. In addition, users can interact with other officers via their avatars, and even take immersive training courses in forensic investigation and other policing capabilities.
The upgrade will ensure the security of the cross-chain infrastructure of BNB Becon Chain and BNB Smart Chain.
The Starry Night Capital NFT fund is now in the hands of liquidators, which plan to sell off the assets to cover Three Arrows’ obligations
Solana has just suffered an outage in October, marking the eighth outage this year due to a sudden increase in daily transaction volume. However, Solana collections including DeGods and Y00st have topped the overall NFT market in recent days. Hence, Solana is becoming Ethereum’s main rival for NFTs.
Cryptocurrency and fiat exchange Hi have launched a debit card that users can customize with their own NFT avatars. The cards are powered by global payment giant Mastercard.
Crypto billionaire Sam Bankman-Fried’s Alameda Research will repay a $200 million loan to Voyager Digital – a crypto lending and trading powerhouse that has filed for bankruptcy since June.