Crypto News Today Live Updates October and Latest News: (3 November 2022) The global crypto market saw increased selling pressure from traders on Thursday morning. The cumulative market cap dropped marginally to stand at $1.01 trillion.
However, the 24 hour trading volume has surged by over 42% to stand at $103.1 billion. Bitcoin, the world’s largest crypto dominance saw a slight drop over the past day. It now stands at 38.67%. BTC price also saw a dip of around 1% in the last 24 hours.
Ripple Gains More Support In XRP Lawsuit
Ripple is getting the upper hand in the summary judgment phase. Most of the applicants for supporting Ripple’s motions in the XRP lawsuit.
Cryptillian Payment Systems LLC asked for court leave to file Amicus Brief.
Ethereum L2 transactions exceeded 5.78 mln
As per Data, the number of Ethereum L2 transactions exceeded 5.78 million from October 27 to November 2. This is the new weekly high reported by the Orbiter. However, Arbitrum accounted for 46.59%. While Optimism and zkSync accounted for 33.71% and 6.65%, respectively.
Dapper Labs lays off 22% of its staff
Dapper Labs took a major decision of laying off 22% of its staff. The list includes the names of around 134 people. Initially known as the startup behind CryptoKitties, Dapper Labs has become globally renowned for its games and NFTs like NBA Top Shot.
Bitcoin Dominance On A Decline
Bitcoin, the world’s largest crypto dominance saw a slight drop over the past day. It now stands at 38.67%. BTC price also saw a dip of around 1% in the last 24 hours.
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