Daily Web3 Headlines You Need To Know

14 November #NFT #Developers #DeFi&Trading

🖼 NFT

FTX contagion victim Deepak.eth puts NFT collection up for sale
The founder of the Chain blockchain infrastructure company, who goes by the internet pseudonym Deepak.eth, took to Twitter to announce the sale of their nonfungible token (NFT) collection. Deepak.eth tweeted that the collection will either be sold to the highest bidder or else placed in a “fractional DAO” in which they would sell 80% of the ownership. According to the Chain founder, the collection is going for 8,000 ETH, which is roughly $10, 258,720 million…(Read More)

NFT Tech Announces No Exposure to FTX, Alameda, or FTT Token
NFT Tech works to develop infrastructure, assets, real estate and IP in the metaverse, build and generate revenue from web3 games and assets, and bring insights and benefits to the public markets. By bridging the gap between traditional capital markets and the Web3 space, NFT Tech is mainstreaming decentralized ownership, NFTs, and the metaverse…(Read More)

🔗 Developers

Developers could have prevented crypto’s 2022 hacks if they took basic security measures
Users losing funds due to malicious activity is hardly unknown on Ethereum. In fact, it is the very reason researchers recently developed a proposal to introduce a type of token that is reversible in the event of a hack or other unsavory behaviors. Specifically, the suggestion would see the creation of an ERC-20R and ERC-721R, which would be modified versions of the standards that govern both regular Ethereum tokens and nonfungible tokens (NFTs)…(Read More)

Platform Developer’s Open Call for Strategic Partnerships: Together we can make Web3 fully decentralized
uper Protocol, an Intel SGX powered decentralized platform aimed to make confidential computing accessible to a broad audience of application developers, announces an open call for strategic partners and investors to lead its next round. Super Protocol is on its way of creating a decentralized platform…(Read More)

📈 DeFi / Trading

After Bitcoin’s Worst Week in Five Months, Here’s What Crypto Analysts Are Saying
Bitcoin (BTC) fell 22% in the seven-day stretch through Sunday, and analysts are scrambling to assess the outlook — for digital-asset markets as well as possible policy ramifications amid an annus horribilis for the blockchain industry, freshly wounded by the FTX scandal. As a new week starts, the market is still searching for a bottom: The CoinDesk Market Index (CMI) is down 0.8% over the past 24 hours…(Read More)

FTX’s Bankruptcy: AZA Finance Denounces Listing of Its Entities in Filing
AZA Finance, a global financial services firm, has denounced FTX’s listing of 23 of its subsidiaries in its bankruptcy protection filing made public on Friday. The foreign exchange fintech noted that “our entities are not part of the FTX bankruptcy.” Beleaguered Bahamas-based crypto exchange FTX on Friday disclosed that the bankruptcy proceeding includes FTX.com, FTX.US, Alameda Research and and “approximately 130 additional affiliated companies.”…(Read More)

Crypto Token Launch Platform Tokensoft Doxes 4500 Users, Calling Them ‘Bad Actors’
California-based Tokensoft, a chain-agnostic token launch platform, has doxxed over 4000 of its users. A Tokensoft community manager with the handle “Nick G.” posted the list on the company’s discord, alleging that the named users were ‘gaming’ the Tokensoft DAO’s airdrop…(Read More)

Binance Starts Recovery Fund for Crypto Projects Facing Liquidity Crisis
CZ said that more details will be announced in the coming days, and said that the fund is open to industry co-investors. Tron founder Justin Sun said that Tron, Huobi Global and Poloniex will support Binance in its initiative. Huobi Global also confirmed this in a tweet…(Read More)

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