The Hong Kong Monetary Authority (HKMA) announced a new partnership with Banco Central do Brasil (BCB) to advance cross-border tokenization initiatives, joining their respective digital […]
Category: Cryptocurrency
Hong Kong to boost crypto industry with new licenses and tax perks
Hong Kong authorities expect to license more crypto exchanges before the end of this year, according to Financial Secretary Paul Chan. At the ongoing Hong […]
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. 26. According to Murr, the […]
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 (BOE) governor Andrew Bailey said […]
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 increase in the complexity of […]
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 data. The metric is called […]
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 its non-partisan stance and transparency. […]
Ethereum hits multi-year low against Bitcoin erasing all gains since 2021
Ethereum has significantly underperformed Bitcoin over the year, with the ETH/BTC ratio declining 58% from its 2021 peak of 0.086 to a recent low of […]
Microsoft shareholders to vote on Bitcoin investment proposal amid board opposition
Microsoft shareholders are set to vote on a proposal to assess Bitcoin (BTC) as a potential corporate investment at the tech giant’s upcoming annual meeting […]
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 existing rules for certain financial […]
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 to make transaction verification possible […]
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 called “The Verge.” In a […]
SEC chair Gensler defends enforcement approach to crypto amid criticism
SEC chair Gary Gensler pushed back against criticism of the agency’s enforcement-driven regulatory approach to crypto during an interview on Bloomberg Technology on Oct. 22. […]
Ripple commits to company bipartisanship as co-founder Chris Larsen donates $10 million XRP to Kamala Harris
Ripple CEO Brad Garlinghouse has reaffirmed the company’s commitment to a bipartisan approach in supporting pro-crypto politicians ahead of the upcoming US elections. In an […]
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 million valuation, according to an […]
Bitcoin option interest reaches all-time high of $40 billion across all exchanges
Bitcoin’s open interest has surpassed $40 billion for the first time, according to data from Coinglass. Total open interest reached 593,020 BTC, equivalent to $40.65 […]
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 where large stakers dominate and […]
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 — either hodl the BTC they […]
US attorneys general ask Biden to declare Binance exec a hostage of Nigeria
A total of 18 state attorneys general, including New York Attorney General Leticia James, urged President Joe Biden to declare Binance compliance officer Tigran Gambaryan […]
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) flows signal mounting demand, according […]
BlackRock eyes crypto derivatives market with BUIDL as collateral
BlackRock is reportedly in discussions with several centralized exchanges to allow its BUIDL fund to be used as collateral for derivatives trades As reported by […]
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 C) filing in their ongoing […]
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 of Terraform Labs. According to […]
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 Lunde, Head of Research at […]
DeFi protocol Radiant Capital loses $48 million in second exploit this year
Multichain money market Radiant Capital has been exploited for at least $48 million in what is suspected to be an access control breach, according to […]
Autonomous AI agent amasses $500,000 in crypto after spurring memecoin movement
Truth Terminal, an AI agent developed by researcher Andy Ayrey, has indirectly prompted the creation of the GOAT memecoin, which reached a market capitalization of […]
Kraken integrates EigenLayer to simplify Ethereum restaking for broader audience
Crypto exchange Kraken announced its successful integration with EigenLayer, enabling its users to restake Ethereum (ETH) directly from the platform, according to an Oct. 15 […]
Bitcoin poised for more upside after breaking $63,000 – Bitfinex
Bitcoin (BTC) could continue to rally as key on-chain metrics suggest that more upside is possible after clearing a critical resistance at $63,000, according to […]
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 in traditional finance (TradFi), including […]
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 customized L2 blockchains designed to […]
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 continuously reshape the landscape of […]
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 designed to boost anonymity and […]
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 4.2 million daily active users, […]
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 layer-1 blockchain space in an […]
People’s Bank of China reports significant growth in CBDC adoption
The People’s Bank of China (PBOC) reported a significant growth in the adoption of its central bank digital currency (CBDC), the digital yuan, with 180 […]
Bitcoin bull market primed for second breakout and long-term holding profit taking
Bitcoin’s current market movements indicate the bull cycle remains underway, according to an analyst at CQ Korea, Crypto Dan. Posting to CryptoQuant, Dan highlights historical patterns from […]
SEC charges Cumberland DRW for unregistered securities trading in $2B case
The Securities and Exchange Commission (SEC) charged Chicago-based crypto market maker Cumberland DRW for allegedly operating as an unregistered securities dealer on Oct. 10. According […]
BlackRock holds out during $49.2 million in Bitcoin ETF outflow amid Ethereum ghost town
On Oct. 8, 2024, Bitcoin ETFs saw net outflows totaling $18.6 million. Fidelity’s FBTC ETF led the declines with $48.8 million in outflows, while Grayscale’s […]
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 Open Market Committee’s (FOMC) minutes […]
Tether fuels market liquidity surge as stablecoins reach $169 billion
CryptoQuant data reveals that crypto market liquidity has reached unprecedented levels, with the total market capitalization of major USD-backed stablecoins hitting $169 billion in late […]
StanChart believes Solana will outperform Bitcoin, Ethereum under Trump administration
Standard Chartered’s latest research reveals that Solana (SOL) could see substantial valuation growth if former President Donald Trump wins the election against Vice President Kamala […]
Privacy tokens reach highest delisting rate in 2024 — Kaiko
Bittrex to remove the U.S. markets for top privacy coins including Monero, Zcash and Dash Exchanges 4 years ago Bittrex announced on Dec. 29 that […]
Trump pulls ahead in betting markets, Musk calls it a more accurate forecast
Former President Donald Trump has gained a slight edge over Vice President Kamala Harris in betting markets for the 2024 presidential election, with Polymarket showing […]
Web3 charts a challenging course on the long road to mass adoption
The following is a guest post by Greg Waisman, Co-founder and COO at Mercuryo. Over the last few years, Web3 has been receiving a lot […]
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 privacy has become a pressing […]
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 faces of the global and […]
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 some major milestones along the […]
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 roughly $6 million in an […]
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 regulatory oversight during ongoing talks […]
Crypto startups secure $691 million in venture capital during September
Venture capital (VC) funds invested over $659 million in crypto startups last month, representing a 3% increase compared to August, according to DefiLlama data. The […]
HBO documentary on Bitcoin creator Satoshi Nakamoto ignites intense debate, speculation
The crypto community is reacting strongly to claims that an upcoming HBO documentary has unmasked Satoshi Nakamoto, Bitcoin’s infamous and elusive creator. HBO released a […]
Bitcoin ETFs see $52.9 million outflow as Ethereum ETFs attract $19.8 million inflow
On Oct. 2, Bitcoin ETFs experienced a net outflow of $52.9 million, continuing the recent trend of mixed sentiment within the market. Ark’s ARKB ETF […]
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 Oct. 2 blog post. The […]
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 million of its outstanding loan […]
Lummis slams Biden’s ‘disastrous proposal’ to tax Bitcoin miners in ‘orange paper’
Senator Cynthia Lummis (R-WY) said the Biden administration’s to impose a 30% tax on Bitcoin miners is a “dangerous scheme” and an “attack on innovation.” […]
Bitcoin ETFs see almost $1 billion in inflows since Friday ahead of Ethereum ETF launches
According to Farside data, Bitcoin ETFs experienced a notable surge in inflows on July 19, with a total net inflow of $427.2 million. Leading this […]
Biden’s exit clears path for ‘decisive’ Trump victory, early Gensler resignation – 10x
10x Research said President Joe Biden’s withdrawal from the 2024 presidential race would allow former President Donald Trump to secure a “decisive victory” in the November election. According to the […]
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 end President Joe Biden’s ‘crusade […]
The definitive guide to the modular blockchain stack
The following is a guest article from Erick de Moura, co-founder at Cartesi. Despite over a decade of evolution, traditional blockchains continue to grapple with […]
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 Intelligence, the so-called AI Singularity, […]
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 the launch of the world’s […]
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 trading on July 23 — […]
Jefferies believes Trump’s ‘overt’ support for Bitcoin will benefit crypto stocks, gold miners
Wall Street investment bank Jefferies analysts believe former President Donald Trump’s “overt support” for Bitcoin and crypto, combined with anticipated higher inflation, larger fiscal deficits, […]
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, and media. The problem, which […]
Basel Committee releases final disclosure framework for banks’ crypto exposures
The Basel Committee on Banking Supervision has officially released its final disclosure framework for banks’ crypto exposures and made targeted amendments to its cryptoasset standards […]
TradFi giant State Street looking to launch stablecoin, tokenized deposits
TradFi giant State Street Corp. is considering launching its own stablecoin and tokenized deposits in a bid to enhance its payment settlement capabilities using blockchain […]
OKX to exit Nigeria amid regulatory hurdles, sets August deadline for users
Crypto exchange OKX has informed Nigerian clients that they have until Aug. 16 to close their positions, as it is ceasing operations in the African […]
FTX proposes $12.7 billion settlement deal with CFTC
FTX has agreed to pay the CFTC $4 billion in disgorgement and $8.7 billion in restitution, minus amounts credited from other bankruptcy payments, according to […]
AI training dataset used by tech giants allegedly created by scraping YouTube videos in violation of terms
Non-profit AI research group EleutherAI scraped YouTube subtitles to create a dataset in violation of YouTube’s terms of service, ProofNews said on July 16. The […]
Coinbase, Ripple, a16z to attend Republican and Democratic National Conventions
Coinbase, Ripple, and Andreessen Horowitz (a16z) plan to send representatives to the Republican National Convention (RNC) and, later, the Democratic National Convention (DNC). On July […]
OCCRP investigation reveals surge in crypto ATM usage among scammers, criminals
Crypto ATMs, designed to facilitate converting cash to cryptocurrencies, are increasingly being exploited by scammers, according to a recent investigation by the Organized Crime and […]
Trump assassination attempt boosts election odds to ATH, Polymarket data shows
Former President Donald Trump’s chances of winning the U.S. presidential election jumped following a failed assassination attempt on Saturday. Around 10 minutes into Trump’s speech […]
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 the brink of a significant […]
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 distant dates into the future. […]
‘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 Arabian Business. In the interview […]
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 strategy in DeFi. It involves […]
Senator Lummis says ‘Bitcoin in reserve’ can help dollar ‘remain strong’
Senator Cynthia Lummis (R-WY) has asserted that incorporating Bitcoin into the US financial system can strengthen the US dollar and help it maintain its global […]
DWS confirms plans to launch first regulated euro-backed stablecoin in 2025
Available exclusively via What can regional trends tell us about the Bitcoin market? Andjela Radmilac · 4 days ago CryptoSlate’s latest report dives deep into […]
Coinbase believes crypto voters will play major role in US Presidential elections
Coinbase said crypto voters will play a significant role in the upcoming US presidential election and have the potential to impact key battleground states. The […]
Fideum | CryptoSlate
Introduction Fideum is a fintech company focused on accelerating the digital transformation of financial institutions, banks, and small—to medium-sized enterprises (SMEs) through its eponymous blockchain […]
Kraken, major industry players co-found non-profit Blockchain Security Standards Council
Kraken announced that it has co-founded the Blockchain Security Standards Council (BSSC) with several other major industry players to enhance security within the crypto sector. […]
Bitwise CCO says Ethereum ETFs ‘close to finish line’, SEC open to other funds
Bitwise CCO Katherine Dowling said spot Ethereum ETFs are “close to the finish line” while noting that the SEC is “quite welcoming” about discussions regarding […]
Post-halving volatility triggers significant Bitcoin futures liquidations
Available exclusively via What can regional trends tell us about the Bitcoin market? Andjela Radmilac · 2 days ago CryptoSlate’s latest report dives deep into […]
Bitcoin-gold correlation fluctuates but trends downwards post-halving
Available exclusively via What can regional trends tell us about the Bitcoin market? Andjela Radmilac · 1 day ago CryptoSlate’s latest report dives deep into […]
Retail Bitcoin holders intensify accumulation amid dip
Available exclusively via What can regional trends tell us about the Bitcoin market? Andjela Radmilac · 24 hours ago CryptoSlate’s latest report dives deep into […]
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 options with a specific expiry, […]
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 other key players. Despite a […]
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 banks and financial institutions on […]
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 reported on July 4. OpenAI […]
Ex-Obama Solicitor General accuses regulators of intentionally debanking crypto firms
Former Solicitor General Donald B. Verrilli, who served during the Obama administration, has accused US regulators of intentionally stifling the crypto industry through debanking practices. […]
South Korea to tighten crypto exchange oversight with new monitoring system
South Korea’s Financial Supervisory Service (FSS) plans to tighten oversight of crypto trading platforms under its jurisdiction to eliminate fraudulent transactions. In a July 4 […]
Market in wait-and-see mode as Bitcoin volumes stagnate
Tracking and analyzing transfer volumes is crucial for understanding the underlying economic activity within the Bitcoin network. Spikes in transfer volumes show heightened market participation, […]
Low Bitcoin volatility marks potential market maturation amid steady prices
Available exclusively via The importance of long-term and short-term holders for Bitcoin Andjela Radmilac · 2 days ago CryptoSlate’s latest market report dives deep into […]
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 · 1 day ago CryptoSlate’s latest market report dives deep into […]
Celsius Network initiates legal action to recover funds from pre-bankruptcy withdrawals
Bankrupt crypto lender Celsius Network’s litigation administrator has initiated legal action against account holders who have not settled liabilities related to preferential transfers made in […]
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) are those who have held […]
VanEck’s 2024 Bitcoin outlook impresses with accurate forecasts
Quick Take At the end of 2023, VanEck made 15 ambitious predictions for the digital assets market in 2024. Here’s a look at how some […]
Discover the power of tracking crypto whales for smarter trading: Margex Research
Disclosure: This is a sponsored post. Readers should conduct further research prior to taking any actions. Learn more › Experienced retail traders and long-term investors […]
Vitalik Buterin calls U.S. crypto regulatory approach ‘anarcho-tyranny’
Vitalik Buterin, co-founder of Ethereum, has once again voiced his concerns regarding the state of cryptocurrency regulation, particularly in the US. In response to a […]
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 A.M. and 8 P.M. Central […]
Judge dismisses counts related to BUSD, BNB sales in SEC-Binance lawsuit
The U.S. Securities and Exchange Commission (SEC) lawsuit against Binance and its co-founder Changpeng Zhao (CZ) is set to proceed after a Friday ruling. A […]
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 (SHIB). On June 28, the […]
Alleged Violations of Securities Laws
The SEC has filed a new lawsuit against Consensys for alleged violations of federal securities laws. The complaint centers on Consensys’s MetaMask wallet services, specifically […]
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. On June 27, Bottoms told […]
CleanSpark agrees to acquire GRIID for $155 million amid mining struggles
Bitcoin miner CleanSpark has agreed to acquire its rival GRIID Infrastructure for $155 million, according to a June 27 statement. The companies also revealed that […]
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 former Korean employee who claims […]
Bitwise CIO predicts $15 billion inflow into Ethereum ETFs despite potential Grayscale outflows
Bitwise CIO Matt Hougan has predicted that the impending spot Ethereum exchange-traded funds (ETFs) will see a $15 billion net flow within their first 18 […]
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 startup, founded in 2022 by […]
Bitcoin accumulation trend shifts as entities increased holdings ahead of 2024 halving
Crypto derivatives markets: Bitcoin vs. Ethereum Andjela Radmilac · 1 day ago CryptoSlate’s latest market report dives deep into the theoretical and practical differences between […]
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 time they last moved was […]
Riot Platforms calls for shareholder meeting to oust Bitfarms’ founder from board
Riot Platforms has decided to abandon its bid to acquire rival Bitfarms. Instead, it seeks to overhaul Bitfarms‘ Board of Directors before considering further takeover […]
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 amount of donation allowed by […]
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 and Bitcoin ETFs, and the […]
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 breach was limited to 1,590 […]
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 about the increasing use of […]
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 a trading launch in early […]
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 Bitcoin bridge to the Cosmos […]
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 against Kraken proceed, casting doubt […]
BitFlyer acquires FTX Japan, intends to revamp exchange into crypto custodial firm
BitFlyer, one of Japan’s largest crypto exchanges, agreed to acquire the Japanese subsidiary of FTX, the defunct crypto exchange founded by the convicted Sam Bankman-Fried. […]
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 Ethereum in existence that was […]
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 volume fluctuated significantly. Data from […]
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 beyond just the altcoin market, […]
Post-halving congestion slashes Bitcoin active entities to levels unseen in three years
Onchain Highlights DEFINITION: The number of unique entities that were active either as a sender or receiver. Bitcoin’s active entities have shown significant variability over […]
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 traders and investors are preparing […]
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 volatility throughout 2024, significantly influenced […]
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 currency has defined the human […]
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 over, but a series of […]
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, each with unique benefits and […]
SEC commissioner Uyeda acknowledges benefits of securities tokenization
SEC commissioner Mark Uyeda acknowledged that asset tokenization, including tokenization of securities, carries potential benefits. Uyeda said on June 14 that representing asset rights with […]
Holograph hack leads to $7M loss, HLG token dives 80%
Holograph, a leading omnichain tokenization platform, experienced a significant smart contract exploit, resulting in the loss of 1 billion HLG tokens valued at approximately $7 […]
Congressman Massie says support for legislation to abolish Federal Reserve has grown 10x
US Congressman Thomas Massie has reintroduced legislation aimed at abolishing the Federal Reserve, a move he says was inspired by a seminal book on Bitcoin. […]
Texas wants to use bitcoin miners for grid stability as power demand soars
The Electricity Reliability Council of Texas (ERCOT) is considering integrating Bitcoin miners as Controllable Load Resources (CLRs) to enhance grid stability. During a Texas Senate […]
Terra community to own chain after TFL wind-down; Coinbase exec slams SEC settlement
Terraform Labs CEO Chris Amani said Terra will become a community project as the company winds down following a $4.5 billion SEC settlement. Amani wrote […]
Bitcoin ETF outflows hit $200 million ahead of FOMC meeting
US spot Bitcoin exchange-traded funds (ETFs) experienced a second straight day of outflows for the second day this week after ending their 19-day inflow streak […]
ProShares files S-1 for spot Ethereum ETF, expands on BNY Mellon and Coinbase roles
ProShares filed an S-1 registration statement for its spot Ethereum ETF on June 11, confirming and expanding on the roles of various fund participants. According […]
Bitcoin briefly dips below $67k amid $200M in Binance-driven spot selling
Quick Take Bitcoin experienced a notable dip earlier today, briefly dropping below $67,000 to a low of approximately $66,800, marking a roughly 3% decrease over […]
SEC accepts ProShares spot Ethereum ETF entry, approves Ark exit from 21 Shares ETF
The US Securities and Exchange Commission (SEC) acknowledged a proposed rule change for ProShares Ethereum ETF and approved Ark Invest’s exit from 21 Shares’ application […]
What is Iggy Azalea’s Solana-based MOTHER token?
Australian rapper Iggy Azalea has made waves in the digital assets community by launching her Solana-based MOTHER token, a meme coin that has seen a […]
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.
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 fund, formally known as the […]
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 incoming non-dust transfers and have […]
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 report dives deep into the […]
Bloomberg analyst calls for FOIA request into SEC’s Ethereum ETF decision
Available exclusively via How BlackRock’s Bitcoin ETF shapes the crypto market Andjela Radmilac · 5 days ago CryptoSlate’s latest market report dives deep into the […]
Calls to Secure Release of Tigran Gambaryan
A group of more than 100 former US federal prosecutors has urged the United States government to intensify efforts to secure the release of Binance […]
DOJ, FTC to probe OpenAI, Microsoft, Nvidia over AI competition fairness
The Department of Justice (DOJ) and the Federal Trade Commission (FTC) are preparing to launch investigations into major AI companies over anticompetition issues, Politico reported […]
Fidelity believes investors should consider small Bitcoin exposure for long-term portfolios
Fidelity Investments believes that a modest Bitcoin (BTC) allocation could benefit investors regardless of their specific perspectives on the digital asset, CNBC reported. The asset […]
Huge short Bitcoin positions above $71k suggest potential for rapid market movements
Available exclusively via How BlackRock’s Bitcoin ETF shapes the crypto market Andjela Radmilac · 2 days ago CryptoSlate’s latest market report dives deep into the […]
House Appropriation budget aims to prevent SEC from implementing SAB 121
An upcoming House Appropriation budget could prevent the US SEC from implementing its controversial Staff Accounting Bulletin 121 (SAB 121). FOX Business reporter Eleanor Terrett, […]
Ethena USDe overtakes Solana in revenue, hits $3 billion market cap
Ethena Labs’ USDe, a synthetic dollar stablecoin, has garnered significant community adoption, propelling it to become the fourth-largest stablecoin by market capitalization. This achievement comes […]
Spot Ethereum ETFs will legitimize crypto, lead to ETH supply crunch – Integral
The launch of spot Ethereum ETF will potentially result in a supply crunch upon launch, crypto accounting software firm Integral on June 3. The projection […]
14 straight days of inflows for Bitcoin ETFs as Ark abandons ETH ETF amid $100M BTC outflow
Available exclusively via How BlackRock’s Bitcoin ETF shapes the crypto market Andjela Radmilac · 3 hours ago CryptoSlate’s latest market report dives deep into the […]
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 in the crypto market. With […]
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 from pioneering on-chain smart contracts […]
Bitcoin exchange balances decline to five-year low, major outflows from Binance and Coinbase signal long-term holding strategies
Onchain Highlights DEFINITION: Balances on exchanges are the total amount of coins held on exchange addresses. Bitcoin’s balance on exchanges has continued its downward trend, […]
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, on May 31. Biden wrote […]
Lawmakers urge Biden administration to reconsider veto for SAB 121 repeal
A bipartisan coalition of lawmakers has urged the Biden Administration to abandon its plan to veto the Congressional proposal to repeal the SEC’s controversial Staff […]
Kraken experiences largest outflow with $1.6 billion in Bitcoin transactions
Quick Take Kraken, the digital asset exchange, recently experienced its largest outflow in dollar value, with approximately $1.6 billion being transferred out of the platform […]
Rising MVRV Z-Score signals possible Bitcoin bull run
Onchain Highlights DEFINITION: The MVRV Z-Score evaluates whether Bitcoin is overvalued or undervalued relative to its “fair value.” Instead of using a traditional z-score method, […]
Vitalik Buterin donates over $100,000 to Tornado Cash developers’ legal defense
Ethereum co-founder Vitalik Buterin donated 30 ETH, approximately $113,000, to support the legal defense of Tornado Cash developers Alexey Pertsev and Roman Storm. Etherscan data […]
Senator Lummis says crypto will play important role in US economy post-elections
Senator Cynthia Lummis recently said the crypto market will play a significant role in the US economy unless the opportunity is squandered. Lummis, a vocal […]
London Stock Exchange’s new crypto ETNs see sluggish start, only 200 shares traded
Quick Take On May 28, the London Stock Exchange opened trading for crypto exchange-traded notes (ETNs), but access was restricted to regulated financial investors, excluding […]
Court dismisses Debt Box case without prejudice, imposes over $1.8 million in fines on SEC
The US District Court for the District of Utah has dismissed the SEC’s case against DEBT Box without prejudice and imposed over $1.8 million in […]
Memecoin made by ChatGPT for $69 now worth $618 million as casino culture rages
Turbo (TURBO), an AI-generated memecoin, has experienced a significant surge in value, rising 1,460.31% over the past 30 days to reach a market capitalization of […]
ETF approvals will boost Ethereum’s long-term growth despite short-term headwinds – Kaiko Research
Kaiko Research said on May 27 that spot Ethereum ETF approvals are a positive sign for the digital asset’s long-term growth despite potential short-term headwinds. […]
Ethereum outperforms market surging to $3900 after ETF approval, Pectra upgrade in sight
Ethereum’s price has climbed to a two-month high of more than $3900 less than a week after the US Securities and Exchange Commission (SEC) approved […]
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 the first quarter. Farallon Capital, […]
Bitcoin miner Marathon partners with Kenya to capitalize on excess energy
Marathon Digital Holdings has partnered with Kenya to monetize underutilized energy. Marathon chairman and CEO Fred Thiel signed the agreement with Kenya’s Prime Cabinet Secretary, […]
Ethereum ETF approval fails to ignite crypto market, sparking $400 million in losses
Available exclusively via How the SEC’s SAB 121 repeal paves the way for balanced crypto regulation Andjela Radmilac · 4 days ago CryptoSlate’s latest report […]
Congress passes bill banning Federal Reserve from creating a CBDC
The US House of Representatives passed H.R. 5403, the CBDC Anti-Surveillance State Act, sponsored by Majority Whip Tom Emmer (MN-06). The legislation blocks the creation […]
Bloomberg analyst predicts Solana ETF delay despite community anticipation
James Seyffart, a Bloomberg ETF analyst, has suggested a potential timeline for the launch of a Solana-based spot exchange-traded fund (ETF). Seyffart indicated that a […]
Crypto exchanges launch anti-scam coalition in partnership with tech giants
Coinbase has formed a coalition with industry giants from across the tech sector to combine resources and expertise to tackle the growing issue of online […]
BlackRock’s IBIT ETF rakes in $290 million in one day, lifting total net inflows to $16 billion
Quick Take Farside data shows that on May 21, the Bitcoin (BTC) exchange-traded funds (ETFs) collectively accumulated $305.7 million, marking the largest single-day inflow since […]
Trump campaign leans in on crypto with new donation page amid shifting political landscape
Former President Donald Trump has begun accepting crypto donations for his re-election campaign, making him the first US Presidential candidate to adopt digital assets for […]
Spot Ethereum ETF approval possible tomorrow keeping BlackRock 10 year approval streak alive
The SEC could approve a spot Ethereum ETF as early as this week, marking a significant shift in regulatory stance. Bloomberg analysts Eric Balchunas and […]
BTC surges 6% to touch $70k as Ethereum ETF rumors cause market frenzy
Bitcoin (BTC) surged past the $70,000 mark on May 21, marking a significant milestone driven by a flood of investment into spot Bitcoin exchange-traded funds […]
Dr Wright’s explanations are ‘absurd’ and ‘plainly forged’ Judge states in written judgment
The full written judgment in Dr. Craig Wright vs. COPA was released this morning, May 20, including damning indictments of Dr. Wright’s actions during the […]
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 feel the need to prove […]
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, the U.S. government holds over […]
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 to predict the price of […]
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 between 30% to 40%. In […]
Scaramucci says institutional adoption of Bitcoin set to accelerate
SkyBridge Capital founder Anthony Scaramucci believes institutional adoption of Bitcoin has begun in full force and will accelerate rapidly in the coming quarters. Scaramucci made […]
US lawmakers vote in favor of repealing controversial SEC accounting rules for crypto
The US Senate voted in favor of repealing the SEC’s Staff Bulletin 121 (SAB 121) on May 16. In all, 60 Senators voted in favor […]
CME gears up to launch spot Bitcoin trading, challenging Binance’s dominance
The Chicago Mercantile Exchange (CME) is gearing up to introduce spot Bitcoin trading, responding to the growing demand for the leading digital asset on Wall […]
Subsquid teams up with Google BigQuery to redefine blockchain data handling
Subsquid, a Web3 data access layer, has partnered with Google after raising $17.5 million across multiple funding rounds to build an omnichain indexing solution, according […]
DeFi protocols Sonne Finance and ALEX Lab lose over $24 million in separate hacks
At least two DeFi projects were targeted by significant exploits in the early hours of today, resulting in millions of dollars in losses. Sonne Finance […]
State of Wisconsin Investment Board, Titan Global invest in spot Bitcoin ETFs
The State of Wisconsin Investment Board (SWIB) and others reported investments in spot Bitcoin ETFs. In a May 14 filing, SWIB disclosed 2.5 million shares […]
Coinbase users report withdrawal issues despite official ‘resolved’ status
Coinbase said it resumed operations after a system-wide outage that impacted its website, mobile, and API for over three hours. However, several customers of the crypto […]
Vanguard, BlackRock up MSTR holdings, while TradFi firms continue disclosing Bitcoin ETF investments
Vanguard and BlackRock have increased their stakes in MicroStrategy holdings (MSTR) on May 10. Vanguard holds 1.6 million shares of MSTR worth $2.6 billion as […]
Bitcoin fees quadruple since October 2023
Quick Take CryptoSlate recently reported that Ethereum had entered an inflationary state due to the Dencun upgrade, which has reduced the burn rate and diminished […]
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 exchanges. The watchdog made the […]
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 oversight is set for a […]
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 studied these flares for 150 […]
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’ previous Feb. 7 filing added […]
Ethereum transaction fees hit record low as Layer-2 networks siphon activity
The average transaction fee on Ethereum has reached record lows as more activity moves to the Layer-2 (L2) networks on the chain. According to Ultrasound.money […]
Ordinals sales elevate Magic Eden to top NFT marketplace surpassing Blur by $108 million
Magic Eden has surpassed Blur to become the top NFT marketplace in terms of trading volume, marking a significant shift in the competitive landscape of […]
Record-breaking user engagement on Polkadot despite price slump
Polkadot blockchain activity has surged to record levels, with active addresses hitting all-time highs for two consecutive months. Data from DotLake indicates the network boasted […]
SEC delays crypto wallet provider Exodus’ NYSE American listing amid ongoing scrutiny
Crypto wallet provider Exodus said the US Securities and Exchange Commission (SEC) made a “surprising last-minute decision” that delayed its planned listing on the NYSE […]
Biden administration to veto overturning of controversial SEC crypto rules
The Biden administration said on May 8 that it would veto H.J. Res. 109, which intends to overturn the SEC’s Staff Accounting Bulletin 121 (SAB […]
FTX’s bankruptcy plan offers over 100% recovery for creditors, faces mixed reactions
The bankrupt FTX estate has unveiled a new reorganization plan that promises substantial returns to its creditors. FTX creditors with claims below $50,000 would be […]
US voters in swing states more likely to vote for crypto-friendly politicians – survey
A majority of registered voters in key US swing states have voiced dissatisfaction with the current financial system while also showing a significant interest in […]
