Orphan Block

2022-11-07 14:01:03 Binance vs FTX

- 23 million FTT on $584 million (FTX native token) unexpectedly transferred to Binance exchange - FTT reacted with a drop of more than 8%

- CZ said that Binance had $2.1 billion in BUSD and FTT as part of its exit strategy from FTX investments, and through unethical actions by Sam Benkman-Fried will sell all of its $600 million in FTTs on the open market

- Alameda, Sam's pocket office, called on CZ to sell all FTT tokens at $22

- CZ said the liquidation of FTT is simply post-exit risk management, based on the LUNA experience

- In the last 24 hours, amid FUDa, more than $400 million in assets withdrawn from FTX

- FTX through Circle has added more than $300 million USDC to the exchange in 24 hours

"We're not going to support people who are lobbying other industry players behind their backs," CZ said, selling $500 million worth of FTT tokens Open / Comment

2022-11-07 11:55:26 Stablecoin's total capitalization continued to decline in October and reached $145 billion for the first time since late 2021.

Circle's USDC capitalization decreased by $4 billion (to $43.7 billion). At the same time, USDT supply from Tether increased by 1 billion coins (to $69.1 billion). Open / Comment

2022-11-06 21:02:02 #BTC is struggling with its average value.

A confirmed breakout above causes the price to accelerate.

Until then, it's hoarding mode. Open / Comment

2022-11-06 18:18:03 The Solana Saga smartphone will integrate Helium Mobile cellular operator

The smartphone itself will come to users with a free 30-day trial of Helium Mobile. The carrier will be available to U.S. users.

"Not only will this partnership ultimately lead to increased usage of the Helium Network, Saga customers who sign up for Helium Mobile will also have a seamless and integrated user experience and will receive cryptocurrency rewards for using their cellular services," said Nova Labs head Boris Renski. Open / Comment

2022-11-06 15:02:02 Goldman Sachs to launch digital asset classifier for institutional investors

Goldman Sachs will launch Datonomy, an online digital asset classifier for institutional clients.

Datonomy is a joint project between the bank and global index provider MSCI and crypto data firm Coin Metrics.

According to a statement from the companies, coins and tokens in Datonomy will be valued "in a consistent, standardized way to help market participants view and analyze the digital asset ecosystem" as well as understand what is happening in DeFi and smart contracts. Open / Comment

2022-11-06 12:02:03 Fan Tokens are pumping hard.

Again i remind you FIFA World Cup is next and you know what to do. Or you will Regret. Open / Comment

2022-11-05 21:02:01 Asics has announced the launch of the ASICS X SOLANA UI Collection jointly with Stepn.

Asics has launched a new line of limited-run GT-2000 11 running shoes that give owners a chance to win a limited edition ASICS x STEPN GT-2000 NFT. The GT-2000 11 shoes are available for pre-order for a limited five-day period from November 4 and will sell for $200 using USDC via Solana Pay. Open / Comment

2022-11-05 18:02:01 Sentiment: Do you believe in $MATIC? Today marked the highest number of $100K whale transactions since February for the 11th largest #cryptoasset by market capitalization.

The mid-October surge in #Polygon by $10 million of $MATIC whales may have foreshadowed this. Open / Comment

2022-11-05 16:02:02 The collapse of GALA token is one of the strangest events in crypto in recent days.

It's hard to understand what happened because the developers themselves pretend as if nothing happened instead of a normal explanation of the situation.

"There were no GALA hacks or exploits," they write

Why the hell wasn't anyone warned about the deliberate $2 billion token merger at Pancakeswap? Everyone who bought a token there at a ballpark price looks like they're going to lose money - the pGALA token (BSC's blockchain counterpart GALA) is no longer "legitimate." It will be reissued and distributed to holders before the incident.

On some exchanges, users managed to get those balloon tokens and earn money on arbitrage (on Huobi the token is still 10 times cheaper than Binance) - no one knows what to do with them. On Huobi already transferred all the old holders of coins at the average current price - Binance, and everyone who bought Gala yesterday at low prices received PGala tokens 1k1 Open / Comment

2022-11-05 12:21:01 Bitmex Exchange cut 30% of its staff

The management of the exchange announced the abandonment of the "Not only derivatives" strategy, under which the exchange promoted various cryptocurrency services. Now the site will focus on providing access to derivative products.

He added that one of the unintended consequences of this paradigm shift has been a shrinking workforce. Bitmex promises to provide all employees affected by the cuts with the support they need.

Note that Bitmex CEO Alexander Höptner recently left. His functions will be temporarily performed by the exchange's CFO, Stephan Lutz. Now the site accounts for about 2% of the total trading volume of bitcoin futures. Open / Comment