Cointelegraph

⁠DappRadar explains why it counted less than 40 active users on Decentraland DappRadar only tracks users directly interacting with blockchain, a new blog post explains. For example, Axie Infinity’s daily user count is ov…

⁠Binance exchange burns $547M worth of BNB tokens Binance permanently destroyed $547 million worth of BNB in its 21st quarterly burning event, but the markets remain steady.

​​As bear market bites, crypto project vows to level the playing field There's long been talk about leveling the playing field between institutional and retail investors — and this crypto project says it's prioritizing a…

⁠Crypto markets to see ‘explosive volatility’ soon: Arcane Research Ballooning leverage and reduced volatility on crypto markets create a situation where explosive volatility is very possible in the short-to-medium term.

⁠Bank of China: Digital yuan transactions volume crossed $14B mark The largest CBDC pilot in the world is going to expand on citizen payments and cross-border operations with Hong Kong.

⁠Offchain Labs acquires Ethereum core dev team Prysmatic Labs Through the deal, Offchain Labs hopes to build a sustainable future for Ethereum, through greater communication between teams developing on both layers and di…

⁠Barely halfway and October’s the ‘biggest month’ in crypto hacks: Chainalysis While 2021 was the biggest year on record for crypto hacks, 2022 could “likely” beat the record “at this rate” according to Chainalysis.

⁠Couple sent $10.5M by Crypto.com claim they thought they won a prize The duo allegedly went on a spending spree with Crypto.com’s funds, buying four houses, vehicles, art, furniture and gifts, but 7 million AUD has now…

⁠Russian stablecoin usage surged after Ukraine invasion: Report According to Chainalysis data, Russia's stablecoin usage has increased since the onset of the war, due partly to ordinary Russian citizens seeking to protec…

⁠STEPN to sack 100 staff as players step away from the move-to-earn app The move-to-earn blockchain game has seen a significant drop in its user base and its rewards token has taken a decline due to the cryptocurrency ma…

⁠French police use Twitter crypto sleuth's research to catch scammers The alleged fraudsters built a BAYC and MAYC NFT focused website that masqueraded as a service to animate the apes but instead phished victims details…

⁠Blockchain.com gets regulatory nod from Singapore’s central bank Blockchain.com becomes the second crypto exchange in two days to receive preliminary approval to provide crypto services within the growing crypto hub.

⁠Polygon powers India police complaint portal, battling corruption The First Information Report (FIR) launched on Polygon allows the citizens of Firozabad to register complaints against the police without worry of it bei…

⁠Court partially denies Aptos Lab's motion to dismiss Glazer's $1 billion lawsuit Four legal claims were dismissed by the court, while three others were allowed to proceed.

⁠Brazil's Rio de Janeiro will accept crypto-payments for property taxes The city will allow taxpayers to make crypto payments through third-party service providers.

⁠Acting CoC Michael Hsu: Crypto is ‘immature,’ but maybe it doesn’t have to go away The acting U.S. official added nuance to his well known skepticism about the crypto industry, but warns against accommodation, in speech…

⁠Many crypto asset activities pose 'novel risks' to banks, says Fed vice chair for supervision Michael Barr suggested financial institutions engage with U.S. regulators to ensure “safe, sound, and legally permissible” ac…

⁠Axie Infinity player count falls back to Jan 2021 levels The numbers represent a 74% decrease from peak levels witnessed just ten months ago.

⁠The SEC was right to whack Kim Kardashian for shilling Ethereum Max Kim Kardashian disclosed that she was paid for promoting Ethereum Max — but didn’t tell her followers the exact amount. The SEC did the right thing whe…

⁠nxyz raises $40M to enable faster blockchain indexing The Web3 platform will focus on expanding its team globally and onboarding several more blockchains in the upcoming months.

​​What bear market? This crypto wallet brand has a fresh look and an exciting new product With a fresh look and an exciting new product, this crypto wallet provider is doubling down on its mission to bring digital assets…

"How fast would you like us to move? Like at LUNA speed?" Cardano founder Charles Hoskinson responds to criticism in an exclusive Cointelegraph interview.

⁠Coinsquare becomes first Canadian crypto exchange to receive IIROC registration All crypto exchanges must register with IIROC if they want to operate in Canada, and there is currently a backlog of applications.

⁠Damien Hirst burns $10M in art: Nifty Newsletter, Oct 5–11 Racing league Formula One is positioning its brand in Web3 as it files trademark applications for "F1" covering crypto and NFTs.

⁠Mango Markets hacker proposes steep settlement The Solana DeFi protocol suffered a $117 million exploit yesterday, and the hacker wants 70M USDC in 'bug bounty.'

⁠From neglecting security to bad tokenomics, DeFi has played a hand in its own decline Tokenomics aimed at financing worthless models, rampant hacks, and a lack of real-world utility have played a role in the beleaguered…