DappRadar data aggregator suggests that the biggest metaverse platforms Decentraland and The Sandbox only have 38 and 522 daily active users respectively. Metaverse companies’ executives are arguing that the data is being measured the wrong way.
The suspension of Binance's own network due to the hacking of the firewall, the quarterly burning of BNB tokens and the results of the first month of automatic conversion of a number of stablecoins into BUSD.
GMX, a popular decentralized exchange, was manipulated in September, resulting in a loss of Liquidity Providers’ funds of $565,000. Just after two weeks, GMX successfully listed its tokens on Binance.
U.S. Senator Elizabeth Warren accused Zelle payment app in facilitating fraud. The report cites data collected from Bank of America, PNC Bank, U.S. Bank, and Truist while it also mentions that JPMorgan Chase, Wells Fargo, and Capital One failed to provide complete information for the review
Warner Music Group continues to expand its Web3 strategy: beginning of October the company posted a role of senior director for metaverse development on LinkedIn.
Valkyrie Funds LLC, a leading fund manager focused on digital assets, announced plans to liquidate one of its three exchange traded funds (ETFs) on 31st of October. The fund named "Balance Sheet Opportunities" included, among others, Tesla, Coinbase and Blackrock stock. The other two funds, focused on Bitcoin
In Sub-Saharan African countries, as the Chainalysis team report showed, the volume of cryptocurrency transactions is growing. A rise in popularity of the Peer-to-peer (P2P) method is also seen. Bank of Namibia (BON), in turn, has approved virtual assets as a payment.
