Less than 1% Bitcoin addresses control 27% of its total supply

Happy Wednesday, everyone! The global crypto market cap is $2.29 trillion with a 24-hour volume of $8

CryptoSlate Newsletter @cryptoslate

Happy Wednesday, everyone! The global crypto market cap is $2.29 trillion with a 24-hour volume of $85.61 billion. The price of Bitcoin is $49,054.28 and the BTC dominance is at 40.4%. The best performing cryptoasset sector is Interoperability, which gained 10%.

Less than 1% Bitcoin addresses control 27% of its total supply The total supply of the flagship crypto-asset, Bitcoin, now stands at around 19 million. cryptoslate.com

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FBI looks to return $190 million in Bitcoin seized from alleged Sony Life embezzler The Federal Bureau of Investigations (FBI) has taken the first legal action to return 3,879 Bitcoin (roughly $190 million)—which it recently seized from an alleged embezzler—to insurance company Sony Life, a subsidiary of Tokyo-based Sony Group Corporation. cryptoslate.com

Christie's net $150 million in NFT sales dominated by Beeple There is no doubt that the NFT space has performed exceptionally well this year. cryptoslate.com

Kraken gears up to expand its product offer and acquires staking platform Staked Kraken recently announced the acquisition of the non-custodial staking platform Staked, which is set to boost the crypto exchange's product offer. cryptoslate.com

Fantasy, SciFi, and NFTs: New metaverse game Cross The Ages has it all Cross The Ages is a new metaverse game set to be launched on Polygon next year. cryptoslate.com

This is how Zilliqa's 'Metapolis' plans to unravel new layers of engagement Layer 1 sharded blockchain Zilliqa recently announced it will be launching its own extended reality (XR) platform, dubbed 'Metapolis' in January 2022. cryptoslate.com

Bringing in high-quality assets to Polkadot As an emerging public chain ecological cluster, Polkadot has shown its power. cryptoslate.com

Indian crypto bill unlikely to be introduced in parliament this winter, report says According to Bloomberg, the Indian cryptocurrency bill has yet again been shelved, with sources confirming that the bill may not be introduced in the winter session of the parliament this year. The sources familiar with the matter also told Bloomberg that Prime Minister Narendra Modi's government wants broader consultations to be held before finalizing the […] cryptoslate.com

Footprint Analytics: How to invest in DeFi DeFi TVL exceeded $280 billion in November, according to the blockchain data analytics platform Footprint Analytics. cryptoslate.com

Binance agrees to help Dubai develop 'progressive virtual asset regulations' Cryptocurrency exchange giant Binance today announced that it has signed a Memorandum of Understanding with the Dubai World Trade Centre Authority (DWTCA) to "outline the vision of accelerating the set-up of a new industry hub for global virtual assets." "With the MoU, Binance will help advance Dubai's commitment to establishing a new international Virtual Asset […] cryptoslate.com

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