Binance Sees the Largest Outflow of Stablecoins in 24 Hours
Crypto exchange Binance faced the largest stablecoin (BUSD+USDT+USDC) outflows in 24 hours, amounting to $2.159 billion. Despite the recent wipeout, Nansen estimates that Binance still holds $30 billion worth of stablecoins, whereas the value of the total assets sits at $58.79 billion. The BUSD amount represents 26.38%, and the USDT amount represents 21.17% of the total assets. (cryptoslate)
Japan FinTech Outlook 2023
A rundown of the current state and what is in store for next year, from the macroeconomic picture, through sector-specific themes across Banking, Payments and Digital Assets.
The Possibility and Probability of a 51% Attack on Bitcoin — Should You Worry About It?
Miners could get together, launch a 51% attack, and steal some money while pretending to be honest players trying to protect the network. But this would be pointless.
I’ve Consulted Over 50 Crypto Projects — Almost All of Them Do Not Know What They’re Doing
That friend of yours who made money with NFTs is not smarter than you.
Apple Plans to Allow External iOS Apps in Boon for Crypto, NFTs
Apple is weighing whether to allow third-party apps to use their own payments infrastructure, <i>Bloomberg</i> claims, rather than force developers to route payments through Apple’s own payments setup. That particular shift, if implemented, could make it much easier to spend cryptocurrency through iPhone and iPad apps.
Crypto Trading Firm Cumberland Says Bull Market Is Close – Have We Bottomed Already?
Despite the ongoing crypto market downturn which fuels concern amid many industry observers, an increasing number of developments suggests that a new bull market could be close, according to a recent analysis by crypto asset trading company Cumberland.
Chelsea Manning: Crypto’s Privacy Problem Depends on Improving Its Technology
Chelsea Manning, the former U.S. Army private who spent seven years in prison for one of the largest leaks of documents in military history, sees at least one positive outcome to the collapse of crypto exchange FTX: more awareness about transparency.
Is DeFi Back? GMX Rallies Toward All-Time High and LOOKS Price Gains 30%
The week prior to Nov. 16 provided decentralized Finance (<a href="https://cointelegraph.com/defi-101/defi-a-comprehensive-guide-to-decentralized-finance">DeFi</a>) with a significant<a href="https://cointelegraph.com/news/defi-platforms-see-profits-amid-ftx-collapse-and-cex-exodus"> influx in fees</a> after the centralized exchange (<a href="https://cointelegraph.com/explained/centralized-cryptocurrency-exchanges-explained">CEX</a>) exodus triggered by FTX’s bankruptcy. The temporary high inflows to DeFi propelled GMX to <a href="https://cointelegraph.com/news/dex-token-gmx-rallies-35-after-beating-uniswap-on-trading-fees-for-the-first-time">outperform Uniswap in protocol fees</a>.
Starlink, Verizon 5G and Crypto: What the New ‘War of the Currents’ Means for Decentralization
Whether it’s Verizon courting government contracts for its 5G upgrade, blockchain startups deploying routers with crypto mining incentives, or Elon Musk making Starlink available to the Ukrainian resistance, broadband and internet of things<a href="https://www.coindesk.com/business/2021/09/06/blockchain-iot-market-to-be-worth-58b-by-2026-study/"> (IoT)</a> are the new battleground for companies, ideologies and visionaries.
John Richmond Confirms “Creating Different Versions” of Shiba Inu Themed T-shirts
John Richmond is calling for suggestions to improve its clothing brand.
