Please find below today’s Crypto News 28 Nov Headlines
Crypto News 28 Nov #1 – Crypto ATMs installation drops 80% in 2022
In 2022, crypto ATMs installation drops 80% A Flip by Ria According to the most recent figures, in the first 11 months of 2022, almost 6,100 bitcoin and cryptocurrency ATMs were installed. That is three times fewer machines than were put into service in 2021.
Crypto News #2 – MetaMask To Start Collecting User IP Addresses
Crypto News 28 Nov #3 – Crypto Investors Are Cashing Out: Over $3.5 Billion Stablecoins Redeemed
Overall, there was a redemption of about $3.5 billion worth of stablecoins over the last 14 days, coinciding with the collapse of FTX. FTX’s Collapse Dampens Investors’ Confidence The crypto exchange crash has generally dampened investors’ confidence in cryptocurrencies, leading to a massive price crash.
Crypto News #4 – Shiba Inu Sees Nearly 100%, Weekly Burns
Shiba Inu (CRYPTO: SHIB) has seen 100% weekly burns in the past week, as investors seek to reduce the supply of the coin in a bid to drive up prices. According to the Shibburn Twitter account, 223,264,370 SHIB tokens were burned and 51 transactions were made in the last seven days.
Crypto News 28 Nov #5 – Cardano (ADA) Hits New Milestone as Native Tokens Reach 7 Million
The Cardano blockchain has reached a new milestone as it now houses 7 million native tokens. According to pool.pm data, the number of native assets mined on the Cardano blockchain now stands at 7,055,456 across 65,652 different mining policies. #Cardano has surpassed 7,000,000 native tokens.
Crypto News #6 – Charles Hoskinson Says Failed Cardano Stablecoin Project a Total Loss on Investment
Ethereum (ETH) co-founder Charles Hoskinson is addressing the issue concerning Ardana, a Cardano-based stablecoin project that recently halted operations. In a new video update, Hoskinson says that as an early investor in the project, his investment appears to be a total loss.
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Crypto News 28 Nov #7 – Most Americans Turn Extremely Bearish on Bitcoin
According to a recent survey published by Morning Consult, U.S. adults believe that the price of Bitcoin, the world’s largest cryptocurrency, is set to drop to $11,500 within the next six months.
Crypto News #8 – Crypto Exchange Coinsquare Suffers Data Breach
The Canadian crypto exchange platform, Coinsquare recently suffered a data breach. It is the first exchange to have received registration from the Investment Industry Regulatory Organization of Canada (IIROC). The data violation has compromised the user’s personal information. Coinsquare also shut down its operations in the month of November.
Crypto News 28 Nov #9 – Bitcoin Price and Ethereum Trade Sideways, Huobi Token Storms 58%
The leading cryptocurrency, Bitcoin, failed to break above the $16,800 level on November 27 and began to fall toward the 38.2% Fibonacci retracement level.
Similarly, the second most valuable cryptocurrency, Ethereum, has followed Bitcoin’s lead and is trading bearishly above $1,200.
Crypto News #10 – Number of Cardano smart contracts grows over 300% in 2022
Since the introduction of the smart contracts feature on the Cardano (ADA) network, the metric is recording increased growth helping the network inch closer to battling established platforms such as Ethereum (ETH).
As of November 26, the total number of smart contracts based on Plutus, a smart contracts platform by Cardano, stood at 3,791. The value represents a growth of 300% or 2,844 in 2022 after recording 947 smart contracts on January 1, data retrieved from Cardano Blockchain Insights shows.
Crypto News 28 Nov #11 – Fenix Games raises $150M to fuel next-generation blockchain gaming
Fenix Games raises $150M to fuel next-generation blockchain gaming Web3 game publisher Fenix Games raised $150 million in funding to acquire, invest and distribute blockchain games. The fund will be used to create a game publishing company specifically for mainstreaming blockchain games.
Crypto News #12 – SHIB Trading Volume Up 102% As Whales Grab 323 Billion Coins in 24 Hours
This week, whales have been transferring massive amounts of Shiba Inu, moving meme crypto between wallets, selling and buying SHIB.
Among these SHIB movements, the largest 100 whales on Ethereum blockchain dumped roughly $2 million worth of SHIB within two days, just before the weekend started. Now, these coins (and a little more) are back in their wallets, acquired back merely within the past 24 hours, according to WhaleStats data platform.
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