November 16, 2022 Joseph Burleson, Michele Korver and Dan Boneh Editor’s note: Below is the full text of the paper “Privacy-Protecting Regulatory...

A new coin has entered the Bitcoin market, and everyone is racing to get their hands on it. Many people are amazed at how...

This is an opinion editorial by Kyle Schneps, director of public policy at Foundry, a Digital Currency Group company.The legacy Cold War system of...

Despite trading in the red zone on the day, Aptos continues to hold decent gains in the last few weeks. Launched this October, the potential Solana killer has recorded huge trade volumes in just the first few trading days. The price of one APT token rose by more than thirty percent throughout the last weekend. Specifically, it increased from $7 to an all-time high of $10.25 on Sunday, October 23. Since then, there has been a retracement in the price of APT, which has settled at $8.89 at press time. There’s no telling where Aptos will go from here. But despite a 1.46% decline on the day, Aptos is still holding decent profits from when its launch price. Related Reading: This Bitcoin On-chain Retest Can Change Market’s Course, Here’s How Aptos Positions Itself As A Top-50 Coin Despite Criticism On October 17, the Aptos team announced they had successfully launched their mainnet. Afterwards, the APT token was made available for trade on several cryptocurrency platforms. The token didn’t take much time to position itself as a top-50 coin on CoinMarketCap. Aptos grabbed the 47th spot with a total supply of 130,000,000.00 and a $1,178,169,163 market cap. However, Aptos experienced some volatility at launch amid several criticisms from traders and the entire crypto community. Twitter criticized the initiative, stating the chain’s 7 TPS is considerably below the 130k TPS promised before launch. Traders were also concerned about the project tokenomics. They noted that it slightly favoured the private investors and developers who obtained a massive 50% of the token supply and presently retain 80% of them. Furthermore, the project has been met with many scam airdrops, resulting in the team muting the token’s Discord server. The project’s founder, Mo Shaikh, defended it on Twitter by saying, “building a decentralized protocol from the ground up is tough!” However, as we all know, you never get a second chance to make a good first impression. Aptos Trading Red on The Day, More Negative Trends Ahead? The current trend of Aptos is bearish. As of writing, Aptos is losing 3.88% against the US dollar, trading at $8.93. According to Wu Blockchain, the main reason is the negative Aptos token perpetual contract financing rates on Binance, OKX, Bybit, and FTX. With a negative rate, bearish sentiments prevail, and short-sellers are eager to compensate long-sellers.  Active hedging may be the main cause of these negative financing rates. This comes after Aptos’ engineers revealed a lack of knowledge of some blockchain processes, such as the Sybil attack. APT had a large increase in selling pressure after an unexpected airdrop was released, leading to the creation of short positions. Related Reading: Bitcoin’s Break Above $20,000 Sees Market Liquidations Cross $1 Billion As funding rates become blatantly negative, short liquidations often occur, leading to a “short squeeze” or unexpected bounce. There’s no telling where the Aptos price will face next. However, it has faced resistance at the $9.17 mark today and looks to retest the level before the trading day ends. Featured image from Pixabay and chart from TradingView.com

The biggest news in the cryptoverse for October 25 includes the amount of staked Ethereum surpassing 14 million year-to-date, Tesla’s $106 million loss to Bitcoin volatility, and Apple’s guidelines on how iOS developers can add in-app NFT purchase functions to their apps.  Total staked Ethereum surpasses 14 million in Q3 amid 64% decline in price […]

The post CryptoSlate Wrapped Daily: Staked ETH soars in Q3; Bitcoin volatility causes Tesla $106M loss; Binance close to finding hacker appeared first on CryptoSlate.

It was about time that Binance ’s CEO, Changpeng Zhao, visited El Salvador. His company is the biggest cryptocurrency exchange in the world and El Salvador is the first country to adopt bitcoin as legal tender, why did this take so long? According to the Secretariat of Communications of the Presidency of the Republic of…

The post Binance ‘s CEO Visits El Salvador. What Will He Meet President Bukele About? appeared first on Bitcoin News Miner.

GameStop added Loopring to its list of key partners as a layer-2 solution to the upcoming launch of a GameStop NFT platform. The layer-2 decentralized protocol built on Ethereum blockchain, Loopring (LRC) has just announced the beta launch of GameStop’s NFT marketplace in collaboration with…GameStop. GameStop and Loopring Come Together for NFTs The GameStop NFT [...]

The post Loopring Joins Up To Launch GameStop’s NFT Marketplace appeared first on Blockonomi.

Russia’s invasion of Ukraine turned out to be a shock to the global community despite the threat that had been growing for months preceding it. Although the military action is taking place within the Ukrainian boundaries, the financial disruption it brought about has spread far beyond. The global stock market is tumbling, the oil and […]

The post The Future of Fintech In View of the War in Ukraine: Top Influencers’ Opinions appeared first on SDK.finance - White-Label Digital Core Banking Software.

The token plunged from $39.4 to $6.31 Thursday morning, according to Coinbase

The post ApeCoin in for Volatile Ride as Exchanges List Bored Ape Yacht Club-linked Crypto appeared first on Blockworks.

APE Sports a $746M Market Cap on its Opening Day

Investment banking giant Bain Capital has rolled out a $560 million new company arm to focus specifically on crypto and blockchain. The financial behemoth announced the launch of Bain Capital Crypto (BCC), a dedicated investment firm “to support crypto/web3 builders from seed through growth with a highly technical and collaborative approach.” Bain says that BCC […]

The post Bain Capital Launches Half-Billion Crypto Investment Branch appeared first on Coin Bureau.