CryptoNews

NFT Giant Opensea Retrenches an Unknown Number of Employees – News Bitcoin News

Opensea recently retrenched an unknown number of employees as part of what the CEO Devin Finzer describes as a rebuilding exercise. According to the CEO, taking this step helps Opensea build a foundation which enables it to innovate faster. Smaller Team With Direct Connection to Users Opensea, one of the largest non-fungible token (NFT) marketplaces, recently parted ways with some of its…
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CryptoNews

Biden Administration Seeks More Tools to Combat Illicit Crypto Use, Says Treasury Official – Regulation Bitcoin News

United States Deputy Secretary of the Treasury Wally Adeyemo says the Biden administration is seeking more tools to combat the illicit use of crypto. “We’re going to work with Congress to get more tools,” he stressed, advising the crypto industry to “make sure that you’re protecting yourselves from being in a position where people are using your assets to further their either heinous…
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Bitcoin Flips Ethereum for the First Time in 24-Hour NFT Sales Shift  – Markets and Prices Bitcoin News

On Wednesday, November 8, 2023, the Bitcoin blockchain saw its non-fungible token (NFT) asset sales surpass those on the Ethereum platform, marking a historic shift during a single-day span. According to the analytics provided by cryptoslam.io, Bitcoin-based NFT transactions amounted to $17.17 million, eclipsing the $15.77 million in Ethereum NFT sales recorded during the 24-hour…
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CryptoNews

Fiat Losses From Security Incidents on BNB Smart Chain 37% Lower in Q3 of 2023 — Study – Security Bitcoin News

The financial losses stemming from security incidents on the BNB Smart Chain in Q3 2023 were 27% lower than in Q3 2022. When compared to security incidents on other chains, rug pulls, price and reserve manipulation events on BSC accounted for “4% of the total fiat losses across all chains in Q3.” Fiat Losses 37% Lower in Q3 The latest in-depth analysis of security incidents on the BNB Smart…
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