Author Archives: Cryptoslate

Meta has announced an end-to-end toolkit allowing Instagram users to mint NFTs on the Polygon (MATIC) blockchain and sell them on social media. The move has made MATIC one of the best-performing digital assets in the last 24 hours, rising by over 10% to $0.95. Meta turning Instagram into an NFT marketplace According to the[Read more…]

Arkham intelligence dashboard revealed that Alameda research has sold $284m worth of stablecoins to crypto exchanges in the last two days. Arkham’s intelligence dashboard revealed that FTX’s sister company Alameda Research sold $284 million worth of stablecoins to crypto exchanges between Oct. 31 and Nov. 2, according to data analyzed by CryptoSlate. The market maker[Read more…]

DappRadar data shows that the trading volume of other layer1 blockchain networks NFTs trading on OpenSea is up except that of Solana and Ethereum. OpenSea’s Ethereum (ETH) NFTs trading volume has declined for the fourth consecutive month, dropping 13% to $303M, the lowest since June 2021, according to Dune Analytics data. According to the data, OpenSea’s[Read more…]

1  Q3 2022 Blockchain Security Overview A total of 37 major exploits were monitored, with a total loss of approximately $405 million In the third quarter of 2022, Beosin EagleEye monitored over 37 major attacks in the Web3 space, with total losses of approximately $405 million, down approximately 43.6% from $718.34 million in Q2 2022[Read more…]

The FTX founder asked those who think he is lying to place a bet on whether FTX would list Spot ADA within the next three months. FTX founder Sam Bankman-Fried has hinted that the exchange could soon be listing Cardano’s ADA for spot trading in an Oct. 23 tweet. According to SBF, FTX International has ADA perpetual contracts[Read more…]

Twitter user @ShiLLin_ViLLian posted details of a Cardano NFT that sold for 180,000 ADA, or $64,300 at today’s price. The “Ford Edwards” belongs to The Ape Society Collection, recently launched by anonymous developers Cardman, Congo, and Matasa. The holder’s husband posted a video of the sale going through, including his reaction when a bug prevented confirmation of[Read more…]

The $100 million exploit of  Solana-based decentralized protocol Mango Markets has sent the value of its native token MNGO and that of SOL spiraling down over the last 24 hours. CryptoSlate data shows that the  MNGO token fell more than 40% in the last 24 hours to $0.02396. During this period, SOL also shed roughly 1% of its value[Read more…]

DefiYield, the DeFi investing and yield farming platform, tracks exploited projects across the DeFi ecosystem through its REKT database. Since January 2022, it has tracked over $60 billion in lost or stolen funds across 1,195 events, including Terra Luna. Ronin, Nomad, and the Wormhole bridge. Roughly $2.4 billion has been recovered throughout the same period,[Read more…]

Total crypto market cap stood at $951.22 billion as of press time, up 2.53% compared to the previous day. After outflows of $15.67 billion during the weekend, the market cap saw inflows of $23.48 billion over the past 24 hours. The market capitalization of the largest cryptocurrency, Bitcoin (BTC), grew 2.92% to $379.06 billion from[Read more…]

Polygon co-founder Sandeep Nailwal said he won’t be attending Devcon 2022 in Bogota, Colombia, “due to safety concerns.” He expressed regret over missing the opportunity to meet with friends from the ETH community. Devcon, Bogota is a technically focused conference for Ethereum devs, researchers, and builders. It will run from October 11-14 and features talks from prominent figures,[Read more…]