Coinbase finally introduces DeFi yield product, bars United States users

Happy Friday, everyone! The global crypto market cap is $2.24 trillion with a 24-hour volume of $109.

CryptoSlate Newsletter @cryptoslate

Happy Friday, everyone! The global crypto market cap is $2.24 trillion with a 24-hour volume of $109.7 billion. The price of Bitcoin is $47,957.25 and the BTC dominance is at 40.8%. The best performing cryptoasset sector is Crowdfunding, which gained 6%.

Coinbase finally introduces DeFi yield product, bars United States users In September, the United States Securities and Exchange Commission (SEC) and the leading crypto exchange in the country, Coinbase, were at loggerheads over the crypto firm's proposed yield program which the financial regulator considered to be a direct violation of its securities law. cryptoslate.com

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Decentralized travel website Dtravel facilitates crypto bookings for over 250K destinations Dtravel, a blockchain-based travel website will now permit customers to make payments in cryptocurrency. cryptoslate.com

Solana network slows to a crawl following alleged DDoS attack On Thursday, the Solana network experienced a significant slow down in transaction processing, sparking fears of another DDoS attack. cryptoslate.com

Sanctor Capital's latest mentees double down on NFTs, GameFi, and the metaverse Sanctor Capital, a blockchain-focused investment firm, announced that eight new projects have completed its Y-Combinator-style program. cryptoslate.com

Bloomberg analyst predicts Bitcoin could hit $100k in 2022 With the year coming to an end in the next 22 days, the chance of Bitcoin meeting its $100k target is getting slimmer with each passing day especially as the coin recently witnessed a price correction that took it below the $50k level again. cryptoslate.com

Report: Europeans are increasingly aware of crypto and are planning on owning more of it The latest survey conducted by Coinbase revealed that the United Kingdom holds the second-highest level of cryptocurrency awareness in Europe. cryptoslate.com

Gaming, Solana, the metaverse, and Bitcoin above $100K: The market predicts what's in store for 2022 A new report from trading platform CoinList analyzed the future of the crypto industry following a survey of almost 5,000 of its users. cryptoslate.com

Russia drafts legal framework for confiscation of illicit Bitcoin The Russian Attorney General's Office (Genprokuratura) is actively working on a swathe of new amendments to criminal law that would allow law enforcement agencies to legally confiscate illicitly gained Bitcoin (BTC) and other cryptocurrencies, attorney general Igor Krasnov revealed to RIA Novosti today. cryptoslate.com

WhatsApp launches crypto payments pilot powered by Meta's digital wallet Meta Platforms cryptocurrency wallet, dubbed Novi, will enable sending and receiving money through the popular messaging app–WhatsApp. cryptoslate.com

Kickstarter is moving its crowdfunding platform to blockchain Kickstarter, one of the largest crowdfunding platforms on the market, has announced plans to develop a decentralized version of its infrastructure on Celo. cryptoslate.com

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