Category: Cryptocurrency

Cryptocurrency

Coinbase CEO urges next SEC chief to apologize for crypto crackdown

Coinbase CEO Brian Armstrong has called on the next Chair of the US Securities and Exchange Commission (SEC) to dismiss

Cryptocurrency

HKMA partners up with Brazilian central bank to test cross-border tokenization

The Hong Kong Monetary Authority (HKMA) announced a new partnership with Banco Central do Brasil (BCB) to advance cross-border tokenization

Cryptocurrency

FTX reaches $228 million settlement with Bybit amid bankruptcy efforts

FTX has reached a $228 million settlement with crypto exchange Bybit and its affiliates, concluding a lawsuit filed in Nov.

Cryptocurrency

Coinbase developer launches new tool to help users build AI agents in minutes

Coinbase developer Lincoln Murr announced the launch of a new tool called ‘Based Agent’ in an X post on Oct.

Cryptocurrency

UK central bank leader reassures cash’s place with rising Britcoin

Amid growing fears that Britcoin, the UK’s central bank digital currency (CBDC), is going to supplant cash, Bank of England

Cryptocurrency

Vitalik Buterin says The Purge can help reduce Ethereum’s complexity and storage requirements

One of the problems of Ethereum, or any blockchain, is that it grows in size over time. This means an

Cryptocurrency

Solana registers new all-time high in daily transaction-related fees

Transaction-related fees on Solana (SOL) surpassed $11 million on Oct. 24, marking a new all-time high, according to Blockworks Research

Cryptocurrency

Polymarket CEO says platform is strictly ‘non-partisan’ in response to NYT article

Polymarket CEO Shayne Coplan responded to a recent New York Times article that scrutinized the platform, clarifying key points about

Cryptocurrency

Cardano unlocks Bitcoin liquidity with BitcoinOS Grail Bridge integration

Cardano has integrated with the Bitcoin ecosystem through BitcoinOS’s Grail Bridge, unlocking the top digital asset’s substantial liquidity for its

Cryptocurrency

US government-linked address likely exploited for over $20 million in crypto

A hacker may have stolen over $20 million worth of crypto, including stablecoins and Ethereum (ETH), from a US government-controlled

Cryptocurrency

Denmark proposes taxing unrealized crypto gains as it does with some traditional financial contracts

Denmark is proposing a new taxation model that would tax unrealized gains on cryptocurrencies at 42%, aligning digital assets with

Cryptocurrency

Buterin proposes radical shift in Ethereum to reduce hardware requirements

Ethereum co-founder Vitalik Buterin has unveiled the latest roadmap phase, “The Verge,” which proposes a groundbreaking shift in blockchain technology

Cryptocurrency

Vitalik Buterin outlines how Ethereum’s Verge can bring blockchain nodes to smartwatches

Ethereum co-founder Vitalik Buterin has laid out further plans to improve the blockchain’s Proof-of-Stake (PoS) system through a new upgrade

Cryptocurrency

BIS urges caution as finance industry embraces asset tokenization

The Bank for International Settlements (BIS) has issued a cautionary report as traditional financial institutions accelerate their exploration of tokenization,

Cryptocurrency

Chainlink debuts privacy tech, triggering LINK’s rise to multi-week high

Chainlink’s LINK token has surged to its highest point since late September, driven by the Oracle network’s introduction of a

Cryptocurrency

Stripe acquires stablecoin platform Bridge for $1.1 billion

Payments giant Stripe has acquired stablecoin platform Bridge for a total amount of $1.1 billion, more than 5x its $200

Cryptocurrency

the decade of online broker

Disclosure: This is a sponsored post. Readers should conduct further research prior to taking any actions. Learn more › After

Cryptocurrency

Vitalik Buterin lays down roadmap to minimize centralization risk in Ethereum POS design

Ethereum co-founder Vitalik Buterin believes that the centralization of proof-of-stake (POS) poses a significant threat to Ethereum. POS centralization is

Cryptocurrency

Post halving, Bitcoin miners are choosing between hodling BTC and upgrading to AI

After the Bitcoin halving took place in April, major Bitcoin miners have increasingly started choosing one of two strategies —

Cryptocurrency

Understanding and managing economic risks in DeFi

The following is a guest article from Vincent Maliepaard, Marketing Director at IntoTheBlock. Economic risks have led to nearly $60

Cryptocurrency

Institutional demand and rising ETP flows signal Bitcoin breakout – VanEck

Bitcoin (BTC) is set for a potential breakout as increasing institutional investment, growing miner holdings, and rising exchange-traded product (ETP)

Cryptocurrency

The rise of crypto neobanks: Nikolai Denisenko on Brighty’s mission

In a recent episode of the SlateCast, Nikolay Denisenko, Co-Founder and CTO of Brighty App, joined CryptoSlate‘s Senior Editor Liam “Akiba”

Cryptocurrency

Ripple resolute as SEC does not appeal verdict XRP is not a security, focuses on exchange sales

Ripple said there are no surprises in the US Securities and Exchange Commission’s (SEC) last-minute Civil Appeal Pre-argument statement (Form

Cryptocurrency

Montenegro to finalize Do Kwon’s extradition fate by week’s end

Montenegro’s Justice Minister Bojan Božović confirmed that a decision had been reached regarding the extradition of Do Kwon, the co-founder

Cryptocurrency

Bitcoin open interest hit another all-time high adding 32,440 BTC in 7 days

Bitcoin’s open interest has reached another all-time high, with CME’s notional open interest closing at 179,745 BTC, according to Vetle

Cryptocurrency

Jump Trading accused of pump-and-dump scheme in DIO token lawsuit

FractureLabs, the developer of the online game “Decimated,” has filed a lawsuit against Jump Trading. accusing the firm of market

Cryptocurrency

Two Polymarket whales bet $4 million for Trump across 1,600 trades in 24 hours as odds hits 59%

The top two holders of Trump positions on Polymarket have conducted over 1,600 trades supporting Donald Trump in the 2024

Cryptocurrency

Gold hit new all-time high 30 times while Bitcoin only recorded 5 this year

Bitcoin ETFs have attracted $19 billion in net flows since their launch, significantly outpacing gold ETFs, which have seen $1.4

Cryptocurrency

Tether looking to diversify into commodities trading, other TradFi ventures

Tether Holdings, the issuer of the USDT stablecoin, is looking to expand beyond the crypto industry and explore new ventures

Cryptocurrency

Sonic Labs founder argues L2s as appchains are not logical for builders

Sonic Labs (formerly Fantom) cofounder Andre Cronje believes that developers should avoid using layer 2 (L2) app chains. Appchains are

Cryptocurrency

The success of DePIN is in all of our pockets

The following is a guest post from J.D. Seraphine, Founder and CEO at Raiinmaker. In an era where technology advancements

Cryptocurrency

Can lawmakers regulate untraceable transactions?

The following is a guest post by Brendan Cochrane, Partner at YK Law LLP. Privacy coins, or cryptocurrencies with privacy-enhancing features

Cryptocurrency

How TON-based games and crypto airdrops are attracting millions of users

The following is a guest post from Yaniv Baruch, COO at Playnance. Blockchain gaming recently hit a record high of

Cryptocurrency

ETC Group advises holding Ethereum, Solana, and Aptos through market shifts

ETC Group advised investors to hold Ethereum (ETH), Solana (SOL), and Aptos (APT) due to their strategic importance in the

Cryptocurrency

Arkham Intelligence to launch its own derivatives exchange: report

Arkham Intelligence is looking to launch its own crypto derivatives exchange next month, Bloomberg News reported on Oct. 11, citing

Cryptocurrency

Crypto whale loses $36M in major phishing scam causing DETH depeg

Blockchain security firm Scam Sniffer reported that a crypto whale’s address was drained of 15,079 fwDETH, worth approximately $36 million,

Cryptocurrency

South Korea investigates Upbit over market dominance concerns

South Korea’s Financial Services Commission (FSC) is set to investigate Upbit, the nation’s largest crypto trading platform, amid concerns about

Cryptocurrency

Bitcoin dips below $61K despite Fed’s dovish stance

Bitcoin (BTC) continued trading in the red and fell below $61,000 despite the Federal Reserve’s dovish remarks in the Federal

Cryptocurrency

HBO documentary ignites controversy with ‘disgusting’ Satoshi Nakamoto claim

HBO’s “Money Electric: The Bitcoin Mystery” documentary has made the bold claim that Canadian Bitcoin developer Peter Todd is Satoshi

Cryptocurrency

Fresh Bitcoin whales invest over $100 billion, signaling market transformation

The amount invested by new Bitcoin (BTC) whales is up 13x this year to nearly $108 billion on Oct. 6,

Cryptocurrency

Bitcoin ETFs see $260 million inflow since Friday while Ethereum inflows remains modest

On Oct. 4, Bitcoin ETFs recorded modest net inflows of $25.6 million. Fidelity’s FBTC ETF saw an inflow of $13.6

Cryptocurrency

Court greenlights FTX’s $16.5 billion bankruptcy plan to repay defrauded customers

Defunct crypto exchange FTX received court approval for its bankruptcy plan and its estate is now clear to repay customers

Cryptocurrency

Melania Trump to focus on NFTs to help children on return to White House

Melania Trump plans to expand her Web3 and NFT initiatives to support foster children if she returns to the White

Cryptocurrency

Achieving true final settlement in Bitcoin

The following is a guest post from Shane Neagle, Editor In Chief from The Tokenist. In the digital age, financial

Cryptocurrency

Why Ethereum’s next step is zero-knowledge

The following is a guest post by Rob Viglione, CEO of Horizen Labs. In the past year, there have been

Cryptocurrency

Building Web3 culture in Ukraine: Rostyslav Bortman’s mission

Rostyslav Bortman is Head of Blockchain Development at IdeaSoft and founder of ETHKyiv Community. He is one of the main

Cryptocurrency

EIGEN Layer assures users infrastructure is secure after investor loses $6M in email hack

EIGENLayer reassured its community that the platform’s infrastructure and onchain protocol remain secure after an investor lost EIGEN tokens worth

Cryptocurrency

IMF urges El Salvador to narrow Bitcoin laws amid loan negotiations

The International Monetary Fund (IMF) has recommended that El Salvador narrow the scope of its Bitcoin (BTC) law and strengthen

Cryptocurrency

US election Polymarket odds close to tightest since mid-September amid new 2020 election challenge

The 2024 US presidential election race remains highly competitive on prediction markets, with odds tightening recently on Polymarket, the leading

Cryptocurrency

PayPal settles invoice with EY in PYUSD first business payment

PayPal completed its first business payment on Sept. 23, using its stablecoin PYUSD to settle an invoice with Ernst & Young LLP,

Cryptocurrency

Crypto market liquidates $272 million in 24 hours as Bitcoin drops to $60k

Bitcoin’s recent price movements have shown increased volatility, with $272 million in liquidations over the past 24 hours, reflecting broader

Cryptocurrency

OpenAI valued at $157 billion after securing $6.6 billion in latest funding round

OpenAI has concluded its latest funding round, raising $6.6 billion at a post-money valuation of $157 billion, according to an

Cryptocurrency

Hut 8 pays off Anchorage loan, eyes further AI expansion

Hut 8 Corp., one of North America’s largest Bitcoin miners, has announced that Anchorage Digital has converted the remaining $38

Cryptocurrency

US lawmakers demand clarity on OpenAI safety practices in joint letter

A group of US Senators sent a detailed letter to OpenAI CEO and co-founder Sam Altman seeking clarity on the

Cryptocurrency

Swan Bitcoin halts mining and IPO plans, announces staff cuts

Swan Bitcoin, a Bitcoin-focused financial services firm, said it is ending its managed mining business alongside its Initial Public Offering

Cryptocurrency

SEC issues final approval for spot Ethereum ETFs to begin trading on July 23

The SEC officially issued its final approval for spot Ethereum ETFs on July 22 and the funds’ respective webpages are

Cryptocurrency

An intro to Bitcoin mining fundamentals

The post An intro to Bitcoin mining fundamentals appeared first on CryptoSlate.

Cryptocurrency

Foreign crypto firms might be the only losers under a second Trump presidency: Bloomberg

The crypto industry is holding its breath for a second Donald Trump presidency since the former president has vowed to

Cryptocurrency

Big AI: A socio-economic rubicon crossing

The following is a guest post by John deVadoss, the co-founder at InterWork Alliance. The pundits expound on Artificial General

Cryptocurrency

From right place, wrong time, to right place, right time

The following is a guest post from Vincent Chok, CEO of First Digital Group. On 21st July 2014, we witnessed

Cryptocurrency

Cboe confirms trading launch of 5 spot Ethereum ETFs on July 23

The Chicago Board Options Exchange (Cboe) issued listing notifications for five new spot Ethereum exchange-traded funds (ETFs) scheduled to begin

Cryptocurrency

Liminal says infrastructure was not responsible for WazirX hack, blames compromised devices

Multiparty computation (MPC) wallet provider Liminal said its infrastructure remains safe and was not compromised in the recent hack of

Cryptocurrency

Centralized global service outage downs planes, trains, banks, 911 services and TV channels

A widespread technical issue with CrowdStrike’s centralized software has led to a global outage affecting various sectors, including planes, railways,

Cryptocurrency

Injective Labs, 21Shares launch first INJ-linked ETP on Euronext exchanges

Injective Labs, in collaboration with 21Shares, has announced the launch of AINJ — the Injective Staking Exchange-Traded Product (ETP) linked

Cryptocurrency

Web3 KYC vendor Fractal ID loses over 50k users’ passport info in data breach

Fractal ID, a digital identity verification service provider, disclosed a data breach affecting approximately 0.5% of its user base—according to

Cryptocurrency

Andreessen Horowitz founders break rank to endorse Trump due to his support for Bitcoin, AI

Marc Andreessen and Ben Horowitz, co-founders of the prominent venture capital firm Andreessen Horowitz (a16z), have publicly endorsed former President

Cryptocurrency

A Growing Threat to Democracy

In a heated US political climate, financial analyst Michael A. Gayed recently remarked that the rising national debt exceeding $35

Cryptocurrency

21co analyst sees tokenized US treasuries hitting $3 billion by year-end

21co analyst Tom Wan believes tokenized US treasuries will hit $3 billion by the end of 2024 amid rising adoption

Cryptocurrency

Ripple donates $1 million to support John Deaton’s effort to unseat Elizabeth Warren

Ripple has donated $1 million to support XRP advocate John Deaton‘s bid to unseat Senator Elizabeth Warren in the Massachusetts

Cryptocurrency

Russia proposes allowing traditional exchanges to handle crypto trading

Russia’s Ministry of Finance has proposed allowing traditional exchanges to handle digital asset trading for select investors, Interfax reported on

Cryptocurrency

Bitcoin peaks over $63K after Trump survives assassination attempt

Bitcoin price soared above the $60,000 mark over the weekend following a failed assassination attempt against former US president Donald

Cryptocurrency

Here’s the impact of MiCA regulations on the European crypto market

The following is a guest post from Mike Romanenko, CVO and Co-Founder of Kyrrex. The European crypto landscape is on

Cryptocurrency

Bitcoin futures term structure indicates bullish sentiment

On-chain Highlights DEFINITION: The Futures Term Structure is a graphical representation of the pricing for futures contracts expiring at increasingly

Cryptocurrency

‘Memes are the gateway to crypto and blockchain’: SHIB developer Kusama

The pseudonymous lead developers of memecoin Shiba Inu (SHIB), Shytoshi Kusama and Kaal Dhairya, gave their first-ever interview to the

Cryptocurrency

From staking to recursive lending

The following is a guest article from Vincent Maliepaard, Marketing Director at IntoTheBlock. Staking Staking is a fundamental yield generation

Cryptocurrency

Elon Musk claims European Commission offered X ‘secret illegal deal’ amid DSA probe

X CTO and chairman Elon Musk claimed the European Commission (EC) allegedly offered the social media platform an “illegal secret

Cryptocurrency

Bitcoin ETFs achieve $15.5 billion in total inflows

Available exclusively via What can regional trends tell us about the Bitcoin market? Andjela Radmilac · 5 days ago CryptoSlate’s

Cryptocurrency

Bitcoin’s post-halving price fluctuations mirror cautious market sentiment in options

On-chain Highlights DEFINITION: Skew is the relative richness of put vs call options, expressed in terms of Implied Volatility (IV).

Cryptocurrency

Bitcoin ETFs see strong inflows as eight out of ten issuers report gains

Available exclusively via What can regional trends tell us about the Bitcoin market? Andjela Radmilac · 4 days ago CryptoSlate’s

Cryptocurrency

Ripple CEO urges Democrat action on crypto regulation, criticizes SEC chair following roundtable

Ripple CEO Brad Garlinghouse emphasized the need for substantive action in crypto regulation following a pivotal roundtable discussion with key

Cryptocurrency

Chamber of Progress calls on Biden to back crypto amid growing adoption

The Chamber of Progress, a prominent tech industry coalition, urged President Joe Biden to back comprehensive crypto regulation in an

Cryptocurrency

Bitcoin-gold correlation fluctuates but trends downwards post-halving

Available exclusively via What can regional trends tell us about the Bitcoin market? Andjela Radmilac · 2 days ago CryptoSlate’s

Cryptocurrency

Bitcoin’s 25 Delta Skew experiences sharp fluctuations amid correction

Onchain Highlights DEFINITION:Skew is the relative richness of put vs call options, expressed in terms of Implied Volatility (IV). For

Cryptocurrency

Bitcoin OTC desk balances hit over 300,000 BTC

Available exclusively via What can regional trends tell us about the Bitcoin market? Andjela Radmilac · 1 hour ago CryptoSlate’s

Cryptocurrency

Rethinking public blockchains to protect the fragile future of tokenization

Tokenization has taken center stage in Web3 over the past year, drawing immense investment and attention from BlackRock, JPMorgan, and

Cryptocurrency

Witness in Nigerian trial against Binance accuses platform of contravening Central Bank rules

Olubukola Akinwumi, the deputy director of the Central Bank of Nigeria (CBN), accused Binance of conducting transactions reserved for authorized

Cryptocurrency

OpenAI did not reveal security breach in 2023 – NYT

OpenAI experienced a security breach in 2023 but did not disclose the incident outside the company, the New York Times

Cryptocurrency

Bit Digital, Iris Energy report declining Bitcoin output, rise in hash rate YoY

Bit Digital and Iris Energy reported June Bitcoin (BTC) mining results on July 5, posting one-year hash rate increases alongside

Cryptocurrency

Bitcoin plummets to $54K seeing $590 million in long liquidations

Available exclusively via The importance of long-term and short-term holders for Bitcoin Andjela Radmilac · 4 days ago CryptoSlate’s latest

Cryptocurrency

Major tech firms acknowledge AI risks in regulatory filings

In a series of recent SEC filings, major technology companies, including Microsoft, Google, Meta, and NVIDIA, have highlighted the significant

Cryptocurrency

ETF investors brace as Bitcoin price aligns with realized price

Available exclusively via The importance of long-term and short-term holders for Bitcoin Andjela Radmilac · 3 days ago CryptoSlate’s latest

Cryptocurrency

Russia contemplating permanently legalizing stablecoins for cross-border payments

The Russian government is contemplating the official legalization of stablecoins for international transactions to simplify cross-border payments for Russian companies

Cryptocurrency

Bitcoin spot volume data shows significant buying pressure pre-halving

Available exclusively via The importance of long-term and short-term holders for Bitcoin Andjela Radmilac · 2 days ago CryptoSlate’s latest

Cryptocurrency

Court greenlights expediting Consensys, SEC lawsuit

A federal judge has approved a timeline for the court to consider the merits of the lawsuit filed by software

Cryptocurrency

Early US ETF investors now recognized as long-term holders

Quick Take Short-term holders (STHs) are investors who have acquired Bitcoin within the last 155 days, while long-term holders (LTHs)

Cryptocurrency

US Marshals Service picks Coinbase Prime to custody ‘Class 1’ digital assets

The US Marshals Service (USMS), a division of the US Department of Justice (DOJ), has chosen Coinbase Prime to safeguard

Cryptocurrency

Metaplanet acquires more Bitcoin as market rebounds to $63k

Quick Take On July 1, Metaplanet acquired an additional 20.195 Bitcoin, bringing its total holdings to 161.26 Bitcoin. The company

Cryptocurrency

Mid-sized Bitcoin transactions rise, reflecting market maturation and retail growth

Onchain Highlights DEFINITION: Entity-adjusted relative on-chain volume breakdown by the USD value of the transfers. Bitcoin’s relative transfer volume, when adjusted

Cryptocurrency

U.S. spot ETH ETFs delayed; SEC asks for resubmission of S-1 forms by July 8

According to Eric Balchunas, senior ETF analyst for Bloomberg, the U.S. Securities and Exchange Commission (SEC) has asked prospective spot

Cryptocurrency

Bitcoin experiences heightened volatility in EU trading hours post-April halving

Onchain Highlights DEFINITION: This metric shows the 30-day change in the regional price set during EU working hours, i.e., between 8

Cryptocurrency

Coinbase to launch CFTC-regulated futures trading for 5 altcoins

Coinbase Derivatives plans to launch margined futures contracts for Avalanche (AVAX), Chainlink (LINK), Polkadot (DOT), Stellar (XLM), and Shiba Inu

Cryptocurrency

Industry experts challenge Peter Thiel’s reservations about Bitcoin’s future price potential

Peter Thiel, former PayPal CEO and co-founder of Founders Fund, recently expressed doubt about Bitcoin’s future price potential, stating it

Cryptocurrency

Biden campaign adviser Keisha Lance Bottoms calls crypto bipartisan issue

Keisha Lance Bottoms, soon to be Joe Biden’s senior campaign adviser, told the media that crypto is a nonpartisan issue.

Cryptocurrency

Crypto losses stemming from hacks, rug pulls up 112% YoY – Immunefi

The crypto ecosystem experienced significant losses in the second quarter of 2024, with a total of $572.7 million lost due

Cryptocurrency

Chiliz facing lawsuit filed by former employee over $10 million unpaid tokens, wrongful termination

Chiliz, a leading blockchain platform specializing in sports and entertainment fan tokens, is embroiled in a legal dispute with a

Cryptocurrency

Animoca in preliminary talks to launch IPO in crypto-friendly region at $6 billion valuation

Animoca Brands is looking to go public next year in a crypto-friendly jurisdiction, the Information reported on June 26, citing

Cryptocurrency

Unlocking the Power of Etched ASIC: Revolutionizing AI Hardware

Etched is making waves in the artificial intelligence hardware space with its revolutionary new AI accelerator chip. The Silicon Valley

Cryptocurrency

Congressman introduces bill to enable federal tax payments in Bitcoin

Congressman Matt Gaetz (R-Fla.) introduced legislation on June 25 that would require the IRS to begin accepting federal tax payments

Cryptocurrency

Bitcoin’s supply in profit drops to 80% as post-halving effects take hold

Onchain Highlights DEFINITION: The percentage of circulating supply in profit, i.e. the percentage of existing coins whose price at the

Cryptocurrency

Polkadot’s eyes stablecoin dominance with new proposal

The Polkadot community wants to establish the blockchain network as a leader in stablecoin payments with a new proposal to

Cryptocurrency

Winklevoss twins receive refund of over $300k from Trump’s campaign

Cameron and Tyler Winklevoss have been collectively refunded around $310,800 by the Trump 47 Committee since they exceeded the maximum

Cryptocurrency

Crypto’s dirty little secret? It’s safe

The following is a guest post by Ben Mills, Co-Founder at Meso. The U.S. Securities and Exchange Commission blessed Ether

Cryptocurrency

CoinStats suspends app after security breach compromises 1,590 wallets

CoinStats, the crypto portfolio app, has temporarily shut down its application to address a security incident. The company stated the

Cryptocurrency

FinCEN says illicit use of crypto by criminals creates new ‘opportunities’ for detection

The US Treasury Department’s Financial Crimes Enforcement Network (FinCEN) has issued a stark warning to US financial firms, warning them

Cryptocurrency

BlackRock, other issuers update S-1 filing for spot Ethereum ETFs, raising expectations for July launch

Seven spot Ethereum ETF applicants amended their registration statements with the SEC on June 21, leading to increased expectations of

Cryptocurrency

Osmosis DAO backs zero-fee Bitcoin bridge to Cosmos

Osmosis Decentralized Autonomous Organization (DAO) is unanimously supporting a proposal to adopt a revenue share proposal that enables a zero-fee

Cryptocurrency

Judge signals likely continuation of SEC lawsuit against Kraken

A federal judge in California indicated that he is inclined to let the US Securities and Exchange Commission’s (SEC) lawsuit

Cryptocurrency

CFTC reportedly probing Jump Crypto’s trading, investment activities

The US Commodity Futures Trading Commission (CFTC) has initiated a probe into Jump Crypto for undisclosed reasons, Forbes reported on

Cryptocurrency

Long-term Ethereum holders reach new high

Onchain Highlights DEFINITION: Bundle of all active supply age bands, aka HODL waves. Each colored band shows the percentage of

Cryptocurrency

Perpetual futures trading volume surges as Bitcoin spot trading lags

The Bitcoin derivatives market experienced significant volatility in the past week. In addition to fluctuations in open interest (OI), trading

Cryptocurrency

Altcoin selloff wipes out $4.9 billion in DeFi TVL

The massive selloff on June 17 caused $455 million in liquidations across assets. The effects of the selloff were felt

Cryptocurrency

Polkadot co-founder proposes new Plaza system to unify parachains and enhance scalability

Polkadot co-founder Rob Habermeier has proposed Plaza, a new system chain designed to unify parachain functionalities and enhance network scalability.

Cryptocurrency

Demand for stablecoins grows as market prepares for volatility

A steady increase in the circulating supply of stablecoins shows an increasing demand for these assets. It suggests that more

Cryptocurrency

Rising Ethereum futures open interest highlights impact of SEC’s ETF approval

Onchain Highlights DEFINITION: The total amount of funds allocated in open futures contracts. Ethereum futures open interest has shown substantial

Cryptocurrency

How did we lose control of our currencies?

The following is a guest post by Phillip Alexeev, Chief Growth Officer at CrossFi. Over the centuries, the evolution of

Cryptocurrency

Will Bitcoin’s price bear the brunt of Mt. Gox’s repayment plan?

The following is a guest post by Nischal Shetty, co-founder and President at Shardeum. Mt. Gox’s dormancy might not be

Cryptocurrency

Explaining Digital Asset Security Methods

Digital asset security is paramount in crypto, and several cryptographic methods are available to ensure the safety of digital assets,

Cryptocurrency

BIS reveals almost every major central bank is interested in wholesale CBDCs

The Bank for International Settlements (BIS) said its recent survey of central banks revealed that 94% of them globally are

Cryptocurrency

Web3 Foundation launches $65 million prize pool for Polkadot JAM upgrade

The Web3 Foundation has launched a prize pool of 10 million DOT tokens, equivalent to approximately $65 million, to support

Cryptocurrency

Coinbase derides SEC’s $2.6 billion budget request; American Securities Association calls for lower amount

Coinbase objected to the SEC’s $2.6 billion budget request for the 2025 fiscal year. In a statement to CryptoSlate on

Cryptocurrency

Bitfarms to boost US presence with Pennsylvania expansion amid Riot takeover bid

Bitcoin miner Bitfarms is set to expand its operations in the US by leasing a site in Sharon, Pennsylvania, and

Cryptocurrency

Paxos cuts 20% of workforce amid strong financials due to ‘de-prioritizing adjacencies’

Stablecoin issuer Paxos downsized its workforce by 20% despite robust finances and optimistic growth projections in the stablecoin market, Bloomberg

Cryptocurrency

Tether to reveal new product line as part of $1 billion investment strategy

Tether CEO Paolo Ardoino revealed that the company would launch a new class of digital asset products on June 17.

Cryptocurrency

Elon Musk drops lawsuit against OpenAI

Elon Musk dropped his lawsuit against OpenAI, according to two June 11 court filings. One filing states that Musk, as

Cryptocurrency

Bitcoin futures show notable growth in cash-margined contracts

Onchain Highlights There has been a significant increase in the use of cash-margined contracts in Bitcoin futures. Data from Glassnode

Cryptocurrency

Hacker drains $19.5 million from UwU Lend in price oracle exploit

Blockchain security firm Cyvers Alert reported a significant exploit on the DeFi lending protocol UwU Lend, which resulted in an

Cryptocurrency

Decline in crypto-margined futures signals shift towards stable collateral

Onchain Highlights DEFINITION: The percentage of futures contracts open interest that is margined in the native coin (e.g., BTC) and

Cryptocurrency

Bitcoin’s corporate takeover: Why non-crypto companies are buying BTC

The post Bitcoin’s corporate takeover: Why non-crypto companies are buying BTC appeared first on CryptoSlate.

Cryptocurrency

Bitcoin accumulation addresses surge as market optimism returns

Onchain Highlights DEFINITION: The number of unique accumulation addresses. Accumulation addresses are defined as addresses that have at least two

Cryptocurrency

Bridging traditional finance and DeFi

The following is a guest article from Vincent Maliepaard, Marketing Director at IntoTheBlock What is BlackRock’s BUIDL Fund? The BUIDL

Cryptocurrency

Miners continue reporting declines in Bitcoin production following halving

Available exclusively via How BlackRock’s Bitcoin ETF shapes the crypto market Andjela Radmilac · 5 days ago CryptoSlate’s latest market

Cryptocurrency

Norwegian authorities help Sky Mavis recover $5.7M from Ronin bridge heist

Sky Mavis, the developer behind Axie Infinity, successfully recovered approximately $5.7 million from the Ronin Bridge exploit with the Norwegian

Cryptocurrency

Dora Factory airdrops tokens to over 1 million Cosmos stakers

Dora Factory, a leading blockchain infrastructure provider, airdropped its native DORA token to over 1 million Cosmos Hub stakers on

Cryptocurrency

MicroStrategy faces highest institutional net short positions among crypto-related firms

Quick Take Analyzing institutions’ net short positions can reveal crucial insights into market sentiment and potential volatility. For instance, examining

Cryptocurrency

Kerrisdale Capital shorts Riot stock amid complaints about miner’s safety hazards, China imports

Kerrisdale Capital sent a complaint about crypto miner Riot Platforms to Texas officials over concerns related to safety hazards and

Cryptocurrency

Market depth reveals Bitcoin’s underlying strength at $70k

Tracking changes in liquidity is equally important as monitoring changes in Bitcoin‘s on-chain data. Each price movement, be it up

Cryptocurrency

Google publishes new policy paper emphasizing privacy in AI development

Google released a new policy working paper on June 4 titled “Generative AI and Privacy,” emphasizing the critical need for

Cryptocurrency

Funding rate volatility shows localized trading imbalances despite market stability

The funding rate for perpetual futures serves as a proxy for market sentiment and shows the balance between long and

Cryptocurrency

Nearly three-quarters of organizations now use AI, breaking adoption stagnancy: McKinsey

A new survey reveals that 72% of organizations have adopted AI in at least one area as of March 2024,

Cryptocurrency

Michael Saylor and MicroStrategy settle $40 million tax fraud case without admission of guilt

Washington, D.C. Attorney General Brian Schwalb announced a historic $40 million tax fraud recovery settlement with Michael Saylor and his

Cryptocurrency

Bitcoin miner balances fall below 1.81 million BTC, lowest in years post-halving

Onchain Highlights DEFINITION: Balances in miner wallets are the total supply held in miner addresses. Bitcoin miner balances have shown

Cryptocurrency

What’s behind the nearly $1 billion surge in blockchain gaming investments

The following is a guest post from Yaniv Baruch, COO at Playnance. The first quarter of 2024 reinvigorated investors’ sentiment

Cryptocurrency

Where crypto angel investors should deploy capital after Ethereum ETF approval

The following is a guest post from Tim Haldorsson, CEO of Lunar Strategy. In nine short years, Ethereum has gone

Cryptocurrency

Surging Bitcoin fees post-halving highlight new revenue dynamics for miners

Onchain Highlights DEFINITION: Total transaction fess are the total amount of fees paid to miners. Issued (minted) coins are not

Cryptocurrency

Biden vetoes resolution to overturn of SEC’s controversial SAB 121

US President Joe Biden vetoed H.J. Res. 109, which aimed to overturn the of the SEC’s controversial SAB 121 rule,

Cryptocurrency

Japanese DMM exchange suspends withdrawals after $305 million Bitcoin theft

Japan-based crypto exchange DMM confirmed a hack resulting in the theft of 4,502.9 BTC, valued at approximately 48 billion yen

Cryptocurrency

Balchunas predicts end of June ETH ETF launch as Grayscale updates S-3 statement

Bloomberg ETF analyst Eric Balchunas said on May 30 that US spot Ethereum ETFs could launch in June amidst updated

Cryptocurrency

Babylon secures $70 million to turn Bitcoin into PoS security backbone

Babylon, the Bitcoin staking protocol, has successfully closed a $70 million funding round led by Paradigm, with significant contributions from

Cryptocurrency

Blackrock updates S-1 filing for Ethereum ETF, marking step toward launch

BlackRock amended the S-1 registration statement for its spot Ethereum ETF in a May 29 filing, marking a step toward

Cryptocurrency

Bitcoin miner capitulation: 14 days in, compared to 41-day average over the past 5 years

Quick Take The Hash Ribbon chart by Glassnode is a market indicator that identifies potential bottoms in Bitcoin’s price by

Cryptocurrency

Semler Scientific embraces Bitcoin treasury strategy, shares surge 25%

Quick Take Semler Scientific (NASDAQ: SMLR), a leading developer and marketer of technology products and services for combating chronic diseases,

Cryptocurrency

JP Morgan believes Solana and other crypto ETFs unlikely to secure regulatory approval

JP Morgan managing director and global market strategist Nikolaos Panigirtzoglou said ETFs for Solana (SOL) and other assets are unlikely

Cryptocurrency

Polkadot celebrates 4 year anniversary with unanimous JAM upgrade approval

The Polkadot community celebrated the blockchain’s fourth anniversary by ratifying the highly anticipated Join-Accumulate Machine (JAM) upgrade. The proposal received

Cryptocurrency

The blockchain antihero or just a cheap casino?

The following is a guest post from Ashton Wolfe, the managing partner at MohrWolfe. In the whirlwind world of crypto,

Cryptocurrency

Farallon Capital discloses $85 million in GBTC, Cetera discloses $22 million in GBTC

Farallon Capital Management, Cetera Investment Advisers, and BigSur Wealth Management have reported multi-million dollar investments in spot Bitcoin ETFs in

Cryptocurrency

Polkadot community greenlights continuous funding for ecosystem innovators

The Polkadot community has approved the Optimistic Project Funding proposal to support projects that enhance the blockchain network’s ecosystem. The

Cryptocurrency

US court rules crypto influencer conducted unregistered offering of crypto asset securities

the U.S. District Court for the Western District of Texas granted partial summary judgment in favor of the Securities and

Cryptocurrency

Bybit CEO dispels insolvency rumors amid $115 million user withdrawals

Bybit crypto exchange CEO Ben Zhou has firmly denied rumors about the exchange’s alleged insolvency circulating on social media. This

Cryptocurrency

House passes FIT21 crypto bill with majority bipartisan support

The US House of Representatives passed the Financial Innovation and Technology for the 21st Century Act (FIT21) on May 22.

Cryptocurrency

TRON DAO at DC Blockchain Summit

Disclosure: This is a sponsored post. Readers should conduct further research prior to taking any actions. Learn more › Geneva,

Cryptocurrency

30 days of Runes: Interest fizzles after spectacular launch

Runes launched on April 20, the day of Bitcoin’s fourth halving. Fueled by the hype surrounding the much-anticipated halving, they

Cryptocurrency

Decentralized Web3 cloud gaming platform coming this summer in partnership with Aethir

GAM3S.GG, formerly Polkastarter Gaming, has unveiled it will launch a Web3 cloud gaming platform in partnership with Aethir amid an

Cryptocurrency

Gala Games exploited for $200 million

An unknown attacker exploited the blockchain gaming project Gala Games on May 20 for approximately $200 million, according to reports.

Cryptocurrency

Potential US TikTok buyer plans to decentralize TikTok, could relay on Polkadot parachain

US billionaire Frank McCourt is leading a consortium to acquire TikTok and decentralize it using the Decentralized Social Networking Protocol

Cryptocurrency

Will the complexity of web3 win over web2?

The following is a guest post from Bakhrom Saydulloev, Product Lead at Mercuryo.Statistics works in a funny way. When experts

Cryptocurrency

Building the interconnected Internet of Blockchains

Since the advent of Bitcoin in 2009 and the explosion of innovation that followed, the web3 industry has faced many

Cryptocurrency

Using Power Laws to predict when the Bitcoin price will hit $1 million

The following is a guest post by Rajagopal Menon, the Vice President of WazirX.Come the bull market, cometh the models

Cryptocurrency

Analyzing the US Government’s Bitcoin holdings: What you need to know

The following is a guest post from Vincent Maliepaard, Marketing Director at IntoTheBlock. According to the latest data from IntoTheBlock,

Cryptocurrency

Coinbase expects 30% to 40% chance of spot ETH ETF approval by month-end

Crypto exchange Coinbase believes the odds of the SEC approving spot Ethereum ETFs by the end of the month stand

Cryptocurrency

Token Terminal and Messari Release Research Reports on TRON Network For Q1 of 2024

Disclosure: This is a sponsored post. Readers should conduct further research prior to taking any actions. Learn more › Geneva,

Cryptocurrency

India’s securities watchdog calls for crypto regulation; Turkey moves toward licensing model

Turkey and India advanced crypto policies on May 16 that could create a framework for businesses and investors operating in

Cryptocurrency

HackaTRON Season 6 Submission Period Concludes with Notable Achievements

Disclosure: This is a sponsored post. Readers should conduct further research prior to taking any actions. Learn more › Geneva,

Cryptocurrency

Two major hedge funds reveal $2.4 billion exposure to spot Bitcoin ETFs

Millennium Management and Schonfeld Strategic Advisors disclosed some of the largest spot Bitcoin ETF investments among traditional financial firms to

Cryptocurrency

Oklahoma signs bill into law protecting crypto spending, mining, and self-custody

Oklahoma has signed into law a bill protecting crypto-related rights. The Oklahoma State Legislature website indicates Governor Kevin Stitt approved

Cryptocurrency

Crypto community outraged as court jails Tornado Cash developer for over five years

A Dutch court has sentenced Alexey Pertsev, a developer involved with Tornado Cash, to 64 months in prison. He was

Cryptocurrency

Bitcoin sees correlation with equities as Brazil’s 4-month trading volume hits $6 billion

Kaiko Research said Bitcoin’s (BTC) correlation with equities is rising, with a 90-day correlation rising to 0.17 last week after

Cryptocurrency

DeFi platforms Lido and Aave surpass Bitcoin and Ethereum in fee generation

Decentralized finance projects Lido and Aave generated more fees in the last 24 hours than top blockchain networks like Bitcoin,

Cryptocurrency

JP Morgan, Wells Fargo latest major banks to disclose Bitcoin exposure via ETFs

JP Morgan and Wells Fargo are the latest major global banks to disclose exposure to Bitcoin via some of the

Cryptocurrency

IMF backs crypto to solve Nigeria’s forex issues despite local crackdown

The International Monetary Fund (IMF) has recommended that Nigeria embrace the regulated use of digital assets by licensing international crypto

Cryptocurrency

US Congress to potentially vote on new legislation for crypto industry by end of May

House Financial Services Committee Chairman Patrick McHenry said new legislation that will give the crypto industry greater clarity regarding regulatory

Cryptocurrency

Even if this weekend’s solar storm destroyed civilization, Bitcoin would survive

The sun can produce massive flares of particles and radiation that can have a significant impact on Earth. Scientists have

Cryptocurrency

Ark Invest, 21Shares drop staking from spot Ethereum ETF proposal

Ark Invest and 21 Shares dropped staking plans in their updated spot Ethereum ETF proposal on May 10. The firms’

Cryptocurrency

86% of Bitcoin supply still in profit despite recent price drops – Glassnode

Quick Take As Bitcoin pushed toward a new all-time high in March, a significant milestone was reached on Feb. 28,

Cryptocurrency

Former President Donald Trump-related memecoin lead market following new crypto promises

Former President Donald Trump continued his advances toward the crypto community by hosting an event for holders of the Trump

Cryptocurrency

Core Scientific reports $210.7 million in Q1 net income, 2,825 BTC production

Core Scientific reported a $210.7 million net income for the first quarter on May 8. The change represents an increase

Cryptocurrency

NYSE Arca withdraws Grayscale’s futures ETH ETF 19-b4 filing

The US SEC reported a critical Grayscale withdrawal on May 7 that could have broad implications for spot Ethereum ETFs.

Cryptocurrency

Bitcoin’s April plunge leads to $2.92 billion in spot outflows

Quick Take Bitcoin faced massive selling pressure in April 2024, recording its most significant monthly decline of 15% since November

Cryptocurrency

Hightower Advisors, SouthState Bank disclose investments in spot Bitcoin ETFs

Hightower Advisors disclosed a $68 million investment in spot Bitcoin ETFs in a May 6 filing. The 13F filing indicates

Cryptocurrency

Crypto phishing attacks plummet in April, reaching a yearly low of $38 million

Phishing attacks within the crypto industry decreased 46% to $38 million in April, the lowest amount this year, according to

Cryptocurrency

Osmosis co-founder Sunny Aggarwal on costumes, Cosmos, and the ‘Bitcoin renaissance’

Even if you’re not an avid ‘Cosmonaut,’ you’re probably familiar with Sunny Aggarwal, the co-founder of Osmosis Labs. With an