Minting of Ordinals-like tokens causes big surge in Polygon transaction fees
Daily transaction volume on Polygon jumped from 2.89 million to over 6 million today.
Solana’s price spikes 18% day after Cathie Wood sings network’s praises
Solana’s token is once again outperforming all other blue-chip cryptocurrencies, rising more than 18% the day after Ark Invest CEO Cathie Wood talked about the strength of the network.
Binance to start crypto exchange in Thailand through joint venture with Gulf Energy
Binance is preparing to start operating a crypto exchange in Thailand early next year through a joint venture with a unit of Gulf Energy Development. In a translated filing to the Stock Exchange of Thailand, dated Wednesday, Gulf Energy Development said Gulf Binance — the joint venture set up by Binance and Gulf Innova — obtained approval […]
UBS to let wealthy clients trade crypto futures ETFs in Hong Kong
UBS Group is starting to allow certain clients to trade crypto-linked exchange-traded funds (ETFs) in Hong Kong, in a move to match its rival HSBC in tapping the nascent market in the city. Bloomberg reported today, citing a source familiar with the matter, that UBS’s wealthy clients will be given access to three crypto-related futures ETFs on its platform. […]
Metaverse gaming more about content creators than land speculation, says The Sandbox cofounder
Despite the end of the metaverse land speculation boom, The Sandbox has seen increased adoption of digital spaces by major brands and users in Asia and the Middle East, with a shift towards offering new gaming experiences.
Ripple celebrates dismissed charges, calling it a ‘surrender by the SEC’
Ripple Labs Chief Legal Officer Stuart Alderoty celebrated the dismissal of all charges against its executives in an ongoing lawsuit brought by the Securities and Exchange Commission.
SEC Chair Gensler says agency staff ‘doing work’ on multiple bitcoin ETF filings
“The staff is doing work on those multiple filings,” SEC Chair Gary Gensler said Wednesday, when asked about the ongoing review process for spot bitcoin ETFs.
Ava Labs bets on India for Avalanche growth, with new hires from Polygon and OKX
Ava Labs has hired Devika Mittal of OKX and Kamakshi Arjun of Polygon to grow in India.
Fidelity Digital Assets becomes first enterprise client of EY’s blockchain tool
Fidelity will leverage the web-based analytics dashboard to query on-chain data for risk management purposes.
Someone swapped what had been $131,350 in USDR for $0 in USDC
Someone appears to have lost what had been worth around $131,500 earlier in the day in USDR for $0 in USDC. The possible “fat finger” trade occurred as USDR depegged, losing almost 50% of its value on Oct. 11.