Tuesday, October 10, 2023
| Don't miss out on the juiciest news in the crypto space! Stay in the loop to ensure that you receive our latest newsletters, right in your inbox! | | The Seasonal Sell-Off
The Ethereum Foundation, a non-profit organization dedicated to the development and advancement of the Ethereum blockchain, has converted 1,700 ETH, equivalent to approximately $2.76 million, into Circle's USDC stablecoin.
This conversion was facilitated through Uniswap, as reported by crypto analytics firm Scopescan.
In today's news, Binance introduces copy trading, another default hits DeFi's private credit markets, and is it Solana season once more?
Read on! | | What Can 1 BTC Buy in 2022? | |
In 2022, Bitcoin recorded a lower all-year high than the previous year, at $47,816.
That said, 1 BTC could still have bought three of the most powerful Bitcoin mining machines available: Antminer's S19 Pro Hydro, S19 XP Hydro, or Antminer S19 Pro, with hash rates from 110 TH/s to 255 TH/s. |
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Cryptocurrency exchange Binance has rolled out a copy trading feature for its futures products in specific markets.
This new feature is designed to streamline the trading experience by enabling users to replicate the strategies and portfolios of experienced "lead" traders. Binance users have the option to serve as both copy traders and lead traders. When a copy trader chooses to mimic the trades of a lead trader, the lead trader receives a 10% share of the profits.
The Block | | A Bad Day For RWAs
A tokenized loan valued at $20 million has faced challenges within a lending pool on the decentralized lending platform Goldfinch.
The borrower, Stratos, encountered difficulties as its investments in a real estate tech company and digital assets did not yield the expected results. As a result, approximately $7 million of the funds are now at risk of loss.
CoinDesk | | To The Stars! SAGE Labs, the browser-based sci-fi game experience on Solana developed by the Star Atlas team, recorded over 2.29 million transactions on Sunday, exceeding the total number of transactions on the entire Polygon network by approximately 256,000 transactions.
SAGE Labs is a 2D space management simulation experience focused on menus, simulated resource management tasks, and data, unlike the core Star Atlas MMORPG, which offers a 3D immersive gaming experience. Decrypt | | |
What is the Holesky testnet that is replacing Goerli, and how does it enable a better testing environment?
Learn about the Holesky testnet and find out how you can claim Holesky ETH for testing purposes in today's article. |
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