Soumen Datta

Journalist CryptoSlate

Soumen is a dedicated researcher and writer in the field of cryptocurrencies, DeFi, NFTs, and GameFi projects. Although this space is still in its infancy, there has been a lot of development and funding in this area, and he believes it will become much more mainstream within the next ten years. Soumen enjoys playing his guitar and singin…

Author Stats

Total Articles 124

Since Oct 2022

Last Active Jan 24, 2023

Primary Beat Bear Market

Soumen Datta Recent Articles

Exchanges

Binance Futures to launch FETUSDT perpetual contracts as AI cryptocurrencies surge

With AI cryptos surging by over 50% in the past week, Binance Futures is launching the FETUSDT perpetual with leverage up to 20X.

3 years ago

Stablecoins

Stablecoin reserves in centralized exchanges continue to fall after FTX collapse

FTX's collapse led to market uncertainty and low trust in centralized exchanges, resulting in 3.93 billion stablecoins leaving exchanges since then.

3 years ago

Bear Market

Ripple CTO called out by Twitter for market manipulation of FLR token

While Schwartz advocated selling FLR, citing the token's lack of value, he later admitted to buying a large amount.

3 years ago

Adoption

Avalanche gains 20% in hours after Amazon partnership announcement

By joining the AWS Partner Network, Ava Labs will be able to deploy products with more than 100,000 partners worldwide.

4 years ago

Bear Market

Silvergate received a $4.3B bailout after FTX collapse

In the wake of the FTX collapse, withdrawals from Silvergate spiked, and its deposits fell by $3.8 billion at the end of 2022.

4 years ago

Exchanges

Binance reportedly didn’t follow procedures for BUSD reserves in 2020, 2021

Currently, Binance's pegged BUSD is fully backed by the US dollar, and Paxos's BUSD is unaffected, according to a Binance spokesperson.

4 years ago

Exchanges

Crypto.com to delist USDT for Canadians

The USDT delisting is in accordance with instructions from the Ontario Securities Commission.

4 years ago

Bankruptcy

DCG labels Gemini co-founder’s allegations as ‘publicity stunts’

The recent allegations were a deflection of blame from parties responsible for marketing and operating Gemini Earn, according to DCG.

4 years ago

Research

Bitcoin fundamentals remain unchanged despite the significant events in 2022

Bitcoin has endured a turbulent year, including a decline in price and market cap, but its foundations remain solid.

4 years ago

Bear Market

Huobi Korea to become an independent entity, breaking ties with Huobi Global

Huobi Korea chairman Jo Guk-Bong will buy the majority stakes from Huobi global founder Leon Lin.

4 years ago

Bear Market

Metropolitan Bank to abandon crypto asset related vertical

According to MCB, the industry's recent developments and changes in banks' regulatory environment were reasons for leaving the crypto asset vertical.

4 years ago

Mining

Poolin Bitcoin mining hash rate share falls by 94% from ATH

Poolin’s recent declines can be linked to its announcement of having liquidity problems, last September.

4 years ago