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First NFT insider trading case launched: Potential to set precedent for digital assets
Former OpenSea product manager, Nathaniel Chastain, has been accused of insider trading — marking the first criminal insider trading case involving digital assets, according to a Reuters report. According to the report, Chastain has been accused of using confidential information to secretly purchase NFTs — later profiting by featuring and selling them on the OpenSea […] The post First NFT insider trading case launched: Potential to set precedent for digital assets appeared first on CryptoSlate. дальше »
2023-4-25 18:02 | |
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Teahouse Finance raises $5M to combat concentrated liquidity
Teahouse Finance raised $5 million in its recent funding round to solve DeFi’s concentrated liquidity problem, according to its recent funding announcement. The project team recently gave an exclusive interview to CryptoSlate, where they discussed Teahouse Finance’s vision, how it is combatting the concentrated liquidity problem, and what the funding will be spent on. дальше »
2023-4-24 17:26 | |
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Bitcoin Inscriptions surge: 200k created in one day – yet demand remains minimal
Quick Take CryptoSlate recently reported that Inscriptions passed the one million milestone. A new record was set for the biggest one-day count for Inscriptions — roughly 200,000 Inscriptions were created on April 23. дальше »
2023-4-24 17:00 | |
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CryptoSlate wMarket Update: Continued decline sees crypto market cap sink to $1.16T
Since the last wMarket report on Friday, the cryptocurrency market cap saw net outflows of $27. 4 billion and currently stands at $1. 16 trillion — down 2. 3% from $1. 18 trillion. Since last Friday, Bitcoin and Ethereum’s’ market caps fell 2. дальше »
2023-4-24 14:45 | |
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Exploring potential of blockchain gaming through player data
Key Takeaways Key operational metrics of Web3 Games include active users, retention rates, and payment-related data. Non-genuine players can disrupt the game’s balance and economic stability. This article takes Era7 as an example, introduces the method of identifying non-genuine players, and found that non-genuine players have a higher activity level than genuine players, with an […] The post Exploring potential of blockchain gaming through player data appeared first on CryptoSlate. дальше »
2023-4-23 21:00 | |
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Texas digital asset service provider bill passes House vote
The Texas House of Representatives approved the digital asset service provider bill on April 20. The bill received 148 votes in favor and zero against. Only one vote abstained. Also known as the “Proof of Reserve” bill, HB 1666 was introduced in January by Giovanni Capriglione and aims to establish rules for exchanges and other […] The post Texas digital asset service provider bill passes House vote appeared first on CryptoSlate. дальше »
2023-4-22 21:33 | |
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CryptoSlate wMarket Update: Another red day sees Bitcoin lose $28,000
Over the last 24 hours, the cryptocurrency market cap saw net outflows of $29. 6 billion and currently stands at $1. 18 trillion — down 2. 4% from $1. 22 trillion. During the reporting period, Bitcoin and Ethereum’s’ market caps fell 3% and 2. дальше »
2023-4-21 14:45 | |
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CTSI surges over 65% in a week as rollup update approaches
According to CryptoSlate data, the Cartesi (CTSI) token recorded a 68. 56% increase over the past seven days following the project’s update announcement published on April 11. According to the Cartesi Ecosystem Update 2023, the Cartesi Rollups are fast approaching the mainnet deployment stage. дальше »
2023-4-21 14:35 | |
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Trezor confirms refusing coinjoin UTXOs to protect privacy of others
Following reports of censorship from hardware wallet manufacturer, Trezor, CryptoSlate has received confirmation Trezor denies some UTXOs from entering the coinjoin coordinator to protect the privacy of other users. дальше »
2023-4-21 21:36 | |
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Societe Generale’s crypto arm to launch Euro-pegged stablecoin
Forge — a regulated crypto arm of the French banking firm Societe Generale — is set to launch a new euro stablecoin called “CoinVertible” on the Ethereum blockchain. The investment bank aims to bridge the gap between traditional capital markets and the digital assets ecosystem through the launch of the euro-pegged stablecoin, according to the […] The post Societe Generale’s crypto arm to launch Euro-pegged stablecoin appeared first on CryptoSlate. дальше »
2023-4-20 16:30 | |
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ApeCoin community approves $1M donation to Ethereum development
The community behind ApeCoin (APE) has donated $1 million to support the development of the Ethereum blockchain, as per a recent voting proposal. The community-led initiative titled “I don’t hate apes, I just want them to fund public goods!” referencing a tweet by Ethereum co-founder Vitalik Buterin — received a majority of the votes in […] The post ApeCoin community approves $1M donation to Ethereum development appeared first on CryptoSlate. дальше »
2023-4-20 15:00 | |
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CryptoSlate wMarket Update: Bitcoin loses $29k as crypto market cap crumbles a further $9.6B
Over the last 24 hours, the cryptocurrency market cap saw net outflows of $9. 6 billion and currently stands at $1. 22 trillion — down 0. 8% from $1. 22 trillion. During the reporting period, Bitcoin and Ethereum’s’ market cap fell 1. дальше »
2023-4-20 14:45 | |
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Euler’s Head of Risk resigns saying ‘not much I can help them with’
The Head of Risk at Euler, Seraphim Czecher, announced his resignation, adding, “There is not much I can help them with at this stage.” In a tweet posted on April 20, he alluded to a loss of faith in the protocol following a recent attack — Czecher said, considering the circumstances, resigning is the right […] The post Euler’s Head of Risk resigns saying ‘not much I can help them with’ appeared first on CryptoSlate. дальше »
2023-4-20 12:30 | |
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Algorand down 10% despite Foundation claims that it isn’t security
Algorand (ALGO) fell 10. 42% in the last 24 hours despite its Foundation refuting the U. S. Securities and Exchange Commission’s (SEC) claim that the asset is a security. According to CryptoSlate’s data, ALGO dropped to $0. дальше »
2023-4-20 12:05 | |
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A16z’s mystery ‘orange ball’ revealed — new L2 rollup client ‘Magi’
Venture capital firm A16z revealed the secret behind its tweets that featured an orange ball – the launch of a new Layer 2 rollup client called Magi. Magi, a new rollup client developed in Rust — has been built on the OP Stack — a software stack specifically designed to create a blockchain dApp ecosystem […] The post A16z’s mystery ‘orange ball’ revealed — new L2 rollup client ‘Magi’ appeared first on CryptoSlate. дальше »
2023-4-19 22:53 | |
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ARB down over 12% – reversing recent price surge as altcoins bleed
According to CryptoSlate data, Arbitrum (ARB) reversed its recent surge and fell by 12. 69% in the last 24 hours. The fall came at a time when Bitcoin (BTC) also fell below the $30,000 mark — pulling many altcoins down with it, including ARB. дальше »
2023-4-19 15:20 | |
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CryptoSlate wMarket Update: Bitcoin defends $29,000 in shock flash crash
Over the last 24 hours, the cryptocurrency market cap saw net outflows of $47. 5 billion and currently stands at $1. 22 trillion — down 3. 7% from $1. 27 trillion. During the reporting period, Bitcoin and Ethereum’s market cap fell 2. дальше »
2023-4-19 14:45 | |
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President Trump NFTs floor price crashed 58% after ‘Series 2’ launch
Former U.S. President Donald Trump’s NFTs floor price declined 58% to 0.183 ETH — roughly $382 — in the last 24 hours after he announced a second collection on April 18. According to CryptoSlam data, the first collection was involved in 1,210 sales transactions, and its trading volume surged 889% to $379,819 in the last […] The post President Trump NFTs floor price crashed 58% after ‘Series 2’ launch appeared first on CryptoSlate. дальше »
2023-4-19 09:05 | |
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Kraken gets regulatory approval to operate in Ireland
Kraken secured a virtual asset service provider (VASP) license from the Central Bank of Ireland on April 18. The license allows the crypto exchange to operate in the country legally. Kraken said the approval shows that it adheres to strict anti-money laundering and terrorism financing rules and added that the license is proof of its […] The post Kraken gets regulatory approval to operate in Ireland appeared first on CryptoSlate. дальше »
2023-4-19 21:24 | |
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Dfinity Foundation says ICP consumes less energy than Cardano, launches proof of green initiative
A single Cardano (ADA) transaction consumes 8,598 times more energy than a transaction on the Internet Computer (ICP) blockchain network, according to Dfinity Foundation. In an April 18 press statement shared with CryptoSlate, the Foundation said ICP was one of the greenest blockchains, adding that a single Google search consumes four times more energy than […] The post Dfinity Foundation says ICP consumes less energy than Cardano, launches proof of green initiative appeared first on CryptoSlate. дальше »
2023-4-18 17:17 | |
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Radix surges over 120% in a week after Babylon upgrade announcement
Radix (RDX) recorded a 127% surge in the last seven days after the project team announced the date of the upcoming Babylon update, according to CryptoSlate data. The Babylon upgrade is designed to “hook” developers, as the announcement post states. дальше »
2023-4-18 16:18 | |
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CryptoSlate wMarket Update: Bitcoin recovery in sight as BTC climbs back towards $30,000
Over the last 24 hours, the cryptocurrency market cap saw net inflows of $4. 7 billion and currently stands at $1. 27 trillion — up 0. 4% from $1. 27 trillion. During the reporting period, Bitcoin and Ethereum’s market cap grew 0. дальше »
2023-4-18 14:45 | |
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Polygon, Ledger urge EU to amend smart contract rules forcing inadvertent centralization
Polygon Labs and Ledger are urging EU lawmakers to amend certain clauses in the Data Act related to rules for smart contracts. The companies wrote in a joint open letter that the current version of Article 30 of the Data Act will “inhibit innovation and economic growth” in the European crypto industry as it does […] The post Polygon, Ledger urge EU to amend smart contract rules forcing inadvertent centralization appeared first on CryptoSlate. дальше »
2023-4-18 02:09 | |
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IMF denies involvement in purported CBDC
The International Monetary Fund (IMF) said in a statement to CryptoSlate that it is not involved with the purported CBDC named Unicoin. IMF denies involvement in Unicoin On April 10, the Digital Currency Monetary Authority (DCMA) announced a central bank digital currency called the Universal Monetary Unit (UMU) or Unicoin. дальше »
2023-4-18 01:27 | |
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NYDFS will charge cryptocurrency companies for supervision
The New York Department of Financial Services (NYDFS) said April 17 that it will impose supervision charges on crypto firms. NYDFS introduces regulation allowing charges Adrienne Harris, NYDFS Superintendent of Financial Services, said: “This regulation provides the Department with additional tools and resources to regulate the virtual currency industry now … as innovators create new […] The post NYDFS will charge cryptocurrency companies for supervision appeared first on CryptoSlate. дальше »
2023-4-18 00:10 | |
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Tom Brady, other celebrities ask court to dismiss lawsuit over promoting FTX
Celebrities implicated in a class-action lawsuit over promoting crypto exchange FTX have asked the court to dismiss the case, according to motions filed on April 14. The celebrities include comedian actor and director Larry David, Tom Brady, Gisele Bundchen, Stephen Curry, Udonis Haslem, Trevor Lawrence, Kevin O’Leary, Shohei Ohtani, David Ortiz, Naomi Osaka — and […] The post Tom Brady, other celebrities ask court to dismiss lawsuit over promoting FTX appeared first on CryptoSlate. дальше »
2023-4-18 23:34 | |
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Congressman advances legislation to fire Gary Gensler, downgrade position
Rep. Warren Davidson (R-Ohio) announced legislation to remove Securities and Exchange Commission (SEC) chair Gary Gensler in a tweet on April 16. Davidson announces anti-Gensler legislation On Twitter, Davidson wrote: “To correct a long series of abuses, I am introducing legislation that removes the Chairman of the [SEC] and replaces the role with an Executive […] The post Congressman advances legislation to fire Gary Gensler, downgrade position appeared first on CryptoSlate. дальше »
2023-4-18 22:23 | |
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Research: Bitcoin miners hold strong during Q1, signaling bullish outlook for BTC
Despite a challenging year, Bitcoin started Q1 with a 70% gain, and mining difficulty reached an all-time high. But amidst this growth, what has been the miners' response? CryptoSlate analyzed Glassnode data, uncovering interesting trends in the behavior of the top eight publicly listed mining companies. дальше »
2023-4-18 20:24 | |
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Israel reveals potential scenarios that could lead to CBDC issuance
The Bank of Israel detailed the possible scenarios that could lead to issuing a central bank digital currency (CBDC) — digital shekel (SHAKED) — in an April 17 statement. According to the bank, it was preparing an action plan for the potential issuance of the currency even though it had not yet decided on whether SHAKED […] The post Israel reveals potential scenarios that could lead to CBDC issuance appeared first on CryptoSlate. дальше »
2023-4-17 16:25 | |
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Bitcoin loses 30k support, as futures open interest contracts unwind
Quick Take Bitcoin lost its $30,000 support this morning and is currently at $29,500. Five days ago, CryptoSlate analyzed that open interest jumped by the fifth largest amount in one day. This was a significant driver in pushing the price over $30,000. дальше »
2023-4-17 15:15 | |
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CryptoSlate wMarket Update: Bitcoin dips below $30,000 as outflows exceed $18B
Since the last wMarket report, the cryptocurrency market cap saw net outflows of $18. 7 billion and currently stands at $1. 27 trillion — down 1. 5% from $1. 29 trillion. Over the weekend, Bitcoin and Ethereum’s market cap fell 3% and 1. дальше »
2023-4-17 14:45 | |
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Op-ed: Meet DePINs, web3’s best shot at real-world adoption in 2023
After the rollercoaster crypto had been riding the past few years, it’s hard to hold back a grin when a new buzzword drops, no matter how much you believe in the Web3 dream. So when Messari rolled out a new name for something that had been around Web3 for a while — DePIN, Decentralized Physical […] The post Op-ed: Meet DePINs, web3’s best shot at real-world adoption in 2023 appeared first on CryptoSlate. дальше »
2023-4-17 16:00 | |
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Hundred Finance hacked on Optimism, suffers $7 million loss
Hundred Finance, a decentralized finance (DeFi) multi-chain lending protocol utilizing the veHND model, has experienced a significant security breach on the Optimism layer-2 scaling solution. The protocol, which integrates with Chainlink oracles to ensure market health and stability, announced via their official Twitter account on Saturday, April 15, that they had been hacked with losses […] The post Hundred Finance hacked on Optimism, suffers $7 million loss appeared first on CryptoSlate. дальше »
2023-4-16 22:38 | |
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Stablecoins being converted into Bitcoin helped push BTC price over $30k
Quick Take Bitcoins’ resurgence this year has been down to many factors, but one of the main ones is that stablecoins are being rotated into Bitcoin. CryptoSlate has analyzed the depletion of stablecoins on exchanges that ended up being converted into BTC. дальше »
2023-4-16 16:30 | |
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CryptoSlate wMarket Update: Ethereum’s rally above $2,100 pulls broader market along
The cryptocurrency market recently experienced a net inflow of $40 billion, with Bitcoin and Ethereum's market cap showing significant growth. Top assets, including Cardano and Ethereum, posted gains over 6%. дальше »
2023-4-14 14:45 | |
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XRP spikes 4% following Ripple’s latest response to SEC
Ripple XRP grew 4% in the last 24 hours to as high as $0. 53475 at the time of writing, according to CryptoSlate data. The surge in price follows Ripple’s response to the U. S. Securities and Exchange Commission’s (SEC) letter of supplemental authority regarding its motion for summary judgment. дальше »
2023-4-14 13:30 | |
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Shappella upgrade propels Ethereum above $2,100
Ethereum (ETH) rallied above $2,100 for the first time since May 2022, continuing its largely positive price performance post-Shappella upgrade. Ether rose by more than 10% in the last 24 hours, first breaching the $2000 level before rallying to as high as 2,126 — a high for 2023 — according to CryptoSlate data. дальше »
2023-4-14 12:00 | |
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Solana’s Saga phone seeks to optimize web3 experience on mobile
Solana is finally releasing the Saga, an Android device that promises to redefine the landscape of web3 on mobile phones. With the Saga set to be available for customers in select regions from May 8, the device aims to mobile-optimize user experience in web3, as highlighted by Anatoly Yakovenko, co-founder of Solana, at the Saga […] The post Solana’s Saga phone seeks to optimize web3 experience on mobile appeared first on CryptoSlate. дальше »
2023-4-14 23:29 | |
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Ethereum trades above $2K for the first time in almost a year
Ethereum traded above $2,000 for the first time since May 2022 after the successful Shappella upgrade. According to CryptoSlate’s data, ETH rose more than 6% in the last 24 hours to trade as high as $2,007. дальше »
2023-4-13 19:23 | |
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Dogecoin spikes 6% following Twitter’s new move
Dogecoin (DOGE) spiked by more than 6% after Twitter announced a partnership with the social trading platform eToro, according to CryptoSlate’s data. The partnership will allow users to buy stocks and cryptocurrencies on eToro directly from the Twitter app, CryptoSlate reported. дальше »
2023-4-13 16:10 | |
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Bitcoin whales make a comeback: is the new BTC floor in?
In a recent CryptoSlate analysis, we discovered that while whales were offloading Bitcoin, other cohorts, including Shrimps, were actively accumulating it. For the first time since late 2022, whales have cautiously started to accumulate Bitcoin again, evident from their strategic buying patterns during market capitulation events. дальше »
2023-4-13 15:15 | |
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CryptoSlate wMarket Update: Seamless Shappella upgrade pushes Ethereum closer to $2000
The cryptocurrency market cap has experienced a significant increase, with Bitcoin and Ethereum gaining ground. The top 10 crypto assets all posted gains, and on-chain data reveals that Bitcoin whales have started accumulating the digital asset for the first time since January. дальше »
2023-4-13 14:25 | |
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Whales sell liquid staking tokens as Ethereum Shappella upgrade nears
Liquid staking is one of the worst-performing crypto sectors in the last 24 hours after declining by more than 6%, according to CryptoSlate data. According to CryptoSlate’s data, all seven projects in the space fell by more than 2%, with three of them — Lido (LDO), Rocket Pool (RPL), and pSTAKE Finance (PSTAKE)— falling by more […] The post Whales sell liquid staking tokens as Ethereum Shappella upgrade nears appeared first on CryptoSlate. дальше »
2023-4-12 19:48 | |
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Bitcoin shrimps accumulated 35k BTC in the last 30 days
Bitcoin (BTC) shrimps aggressively accumulated the digital asset in the last 30 days, adding 35,000 BTC to their portfolios, according to Glassnode data analyzed by CryptoSlate. Shrimps refer to wallets with less than 1 BTC, and their current accumulation rate is the fourth fastest in the market’s history. дальше »
2023-4-12 21:19 | |
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CryptoSlate wMarket Update: Bitcoin trades above $30,000 as Ethereum eyes $2k
The cryptocurrency market cap is witnessing a noteworthy surge, led by Bitcoin and Ethereum's impressive growth. An upcoming Ethereum upgrade has piqued interest, and FLEX takes the spotlight as the day's biggest gainer. дальше »
2023-4-11 14:45 | |
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Riot Platforms responds to NYT article on Bitcoin mining
Riot Platforms has responded to claims from The New York Times regarding its crypto mining practices, as seen in a statement on April 10. Riot contests energy use claims On April 9, the New York Times published an article titled “The Real-World Cost of the Digital Race for Bitcoin,” which described the activities of 34 […] The post Riot Platforms responds to NYT article on Bitcoin mining appeared first on CryptoSlate. дальше »
2023-4-11 02:42 | |
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CryptoSlate wMarket Update: Bitcoin, Ether lead top 10 assets gain as Shappella upgrade nears
The cryptocurrency market cap saw net inflows of $20 billion and currently stands at $1. 19 trillion — up 1. 28% from $1. 17 trillion. During the last 24 hours, Bitcoin and Ethereum’s market cap grew 1. дальше »
2023-4-10 14:50 | |
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Revolutionizing Brand Performance in Web3 w/Filippo Chisari – eakTV
In an exclusive interview from Paris Blockchain Week, go-to-market specialist Filippo Kazari discusses the unique challenges and successes faced by top brands entering the Web3 space. Find out which Layer 1 and Layer 2 chains have attracted major brands like Nike, Adidas, and Tiffany, and how they managed to generate significant revenue with their NFT […] The post Revolutionizing Brand Performance in Web3 w/Filippo Chisari – eakTV appeared first on CryptoSlate. дальше »
2023-4-10 06:00 | |
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