π Elizabeth Warren Says No To Facebook's Novi Wallet π
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π Elizabeth Warren Says No To Facebook's Novi Wallet π
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π Elizabeth Warren Says No To Facebook's Novi Wallet π
π Elizabeth Warren Says No To Facebook's Novi Wallet π
| 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! | | Are you hodling strong, Geckos? ProShares' Bitcoin (BTC) Strategy ETF started trading yesterday on the New York Stock Exchange under the ticker BITO after getting permission from the SEC.
According to Bloomberg estimates, by the time the market closed, roughly $1 billion in the shares had changed hands.
"I thought if it traded $250 million in the first day, it would be a success. It did that in just 30 minutes," James Seyffart, Bloomberg ETF research analyst, said.
In today's news, Coinbase signs deal with NBA and WNBA, US regulators fight back the partnership of Facebook and Coinbase, and Cosmos teases a new blockchain.
Read on! | | | Alternative chains step up to the plate!Our Q3 2021 Quarterly Cryptocurrency Report is now out!
Solana (SOL) and Avalanche (AVAX) have managed to attract large amounts of liquidity in Q3 2021. The two protocols managed to end the quarter with a 6% and 2% TVL dominance respectively.
Binance Smart Chain (BNB) maintained its TVL dominance of 11%, though it has yet to recover its peak of 20% from May 2021. Meanwhile, Terra (LUNA) saw its protocol dominance rise to 5%, even though it only has a few major projects like Mirror (MIR) and Anchor (ANC). Ethereum (ETH), meanwhile, is maintaining its TVL dominance, even as TVL across all platforms has grown significantly.
Learn more about the state of the crypto market through our Q3 2021 Report. | | |
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| Coinbase X NBA Sponsorship Coinbase has signed an agreement with the National Basketball Association, allowing the platform to educate basketball fans about cryptocurrency.
On Tuesday, the exchange announced that it would become the NBA, WNBA, NBA G League, NBA 2K League, and USA Basketball's exclusive cryptocurrency platform partner under a multi-year sponsorship deal.
According to the NBA, Coinbase will deliver "unique content, innovations, activations and experiences" for basketball fans to learn about the cryptocurrency market. Cointelegraph | | Senators Push Back Facebook's Novi Wallet Facebook has announced a partnership with Coinbase, which would be storing the cryptocurrencies that Facebook would provide to users who sign up for the early beta version of the Novi wallet.
However, Elizabeth Warren and a committee of four other senators have demanded Facebook to cancel the project a few hours after the announcement.
According to the letter published on the website of the United States Senate, the senators believe that Facebook is untrustworthy and that the launch of Diem might jeopardize the country's financial stability.
CryptoPotato | | Waiting To Be Known Cosmos (ATOM), a blockchain platform, is introducing a new blockchain dubbed Sagan for testing and experimentation.
According to a source acquainted with the matter, the blockchain would be a "canary network" similar to Polkadot's (DOT) canary network Kusama (KSM).
Unlike testnet, tokens on canary networks have real value, creating stronger incentives for people to identify network flaws and potential exploitation. TheBlockCrypto |
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