Banking
Technology
Voting for Terra Luna Classic v2.1.0 upgrade opens soon
LUNC posted 35% gains on June 4 in anticipation of the proposed upgrade - however, profit taking has since given up a significant portion of those gains.
Opinion
Op-ed: Don’t blame memecoins and degens for crypto’s credibility problem
Cryptocurrency's credibility crisis goes beyond the impact of meme coins and degen gambling.
Adoption
Alchemy Pay teams up with Mastercard for ‘NFT Checkout’
The partnership will enable direct fiat payment for NFT purchases - improving convenience and NFT market accessibility.
Crypto
Bitcoin recaptures $27,000 following market reprieve: CryptoSlate wMarket Update
The wMarket Update condenses the most important price movements in the crypto markets over the reporting period, published 07:45 ET on weekdays.
Technology
OKX proposes new Bitcoin BR-30 standard
The BRC-30 standard will bring staking functionality to Bitcoin, opening up a 'new dimension' to the network.
Analysis
Daily CEX crypto trade volume sinks to lows last seen in 2020
CEX volume sinks while DEX activity holds flat - indicating market wide apathy.
Crypto
Litecoin leads flat market as outflows persist: CryptoSlate wMarket Update
The wMarket Update condenses the most important price movements in the crypto markets over the reporting period, published 07:45 ET on weekdays.
Exchanges
Binance layoffs – CZ refutes bear market struggles
CZ commented that Binance remains profitable and is always looking to hire talented workers.
Exchanges
Binance’s CZ opens up on the exchange’s Canada exit; hopes to return one day
Canadian regulators wanted CAD 100 million in third-party escrow and limits on token choice, rendering Binance's business model unfeasible.
Analysis
Bitcoin hash rate resumes uptrend – poised to retest ATH
The Bitcoin hash rate continues accelerating higher with some maintaining price will follow.
Adoption
Ethereum will drive global cryptocurrency adoption, not Bitcoin: Roger Ver
Ver said the stubbornness of Bitcoin developers led to the "scaling civil war" and the eventual creation of Ethereum.
Bankruptcy
SBF’s defense lawyers insist regulatory issues are not federal crimes
Bankman-Fried's legal team has asked the judge to dismiss all 13 charges.