Top 10 Crypto News, 4th November

Top 10 Articles For The Day. Trending News That You May Have Missed Out On. We Find The News So You Don't Have To!

Himanshu S.

1:22 4th Nov, 2022

NFTs

Sportswear Manufacturer ASICS Taps STEPN To Launch NFT Collection

The new line of kicks features custom-made, limited-run GT-2000 11 running shoes that also give owners a chance to win a limited edition ASICS x STEPN GT-2000 NFT. The physical shoes are available to order using USDC on Solana Pay.

Japanese Digital Ministry Announced Creation Of Its Own DAO

Japanese officials do not plan on decelerating adoption of Web3 technologies.

Elon Musk Faces Class-Action Suit Over Mass Twitter Layoffs

Elon Musk previously won a similar class-action lawsuit brought by Tesla employees, calling the case “trivial.”

Nissan Files For NFT-related Trademarks For GTR, SKYLINE & Z

Japanese multinational automaker Nissan files five NFT trademark applications for some of its most iconic car models like GTR, SKYLINE, and Z.

IRS Building 'Hundreds' Of Crypto Cases, Ramping Up Hiring

The cases being built reportedly involve crypto-to-fiat “off-ramping” transactions, as well as individuals being paid in crypto.

Canada To Examine Crypto, Stablecoins & CBDCs In New Budget

Canada’s government stated its concerns on the risks digital assets and the digitalization of money may pose to its financial system as a reason for launching the consultation.

Developers Of pNetwork Bridge Drain $4.3M From PancakeSwap In 'White Hat' Attack

The developers of pNetwork, an independent cross-chain bridge protocol used to transfer assets across different chains, ethically took $4.3 million in pgala (pegged gala) tokens that it had issued to bridge users.

India’s Crypto Taxes May ‘Kill the Industry,’ Binance CEO Says

According to Binance CEO Changpeng Zhao crypto taxes in India may kill the industry.

Crypto Fugitive Do Kwon Said To Be Hiding In Europe, Mocks ‘Cops From World over’ in Series Of Tweets

The South Korean founder of the collapsed Terra stablecoin, faces multiple allegations of wrongdoing, the latest being price manipulation.

Bitcoin, Ethereum, Cronos, & Algorand Daily Crypto Price Analysis

The performance of Bitcoin and Ethereum still shows bearishness while others have turned bullish. The change in the performance of the market has brought stability to various coins. While others are likely to turn bullish soon.