The latest Bitcoin, DeFi, NFTs and web3 news from CryptoSlate.
Stablecoin Cashio plummets by 100% due to infinite mint glitch
An attacker managed to mint $2 billion worth of Cashio (CASH) stablecoins without providing anything in return.
Nexo launches $150 million Web3 investment fund
The DeFi platform's latest venture joins a long list of Web3 focused investment funds.
Here’s why the creepy Worldcoin project raised $100 million in private token sale
Worldcoin wants to scan your iris in exchange for payment of universal basic income.
Businesses could soon pay their taxes with crypto in Florida
Governor DeSantis has expressed his reservations about a digital dollar project.
Thailand bans crypto payments as of April 1
Thailand Secuirites and Exchange Commission (SEC) issued to ban digital assets from being used to pay for goods and services from April 1st.
You may ‘lose all the money you invest’ in crypto, warns Irish central bank
“Crypto assets are highly risky and speculative, and may not be suitable for retail customers,” argued the regulator.
Coinbase Clouds rolls out new developer suite for Avalanche
Coinbase Cloud adds a new feature that would allow developers better understand the base code of Avalanche network.
What does Ethereum Improvement Proposal (EIP) 4844 bring to the table?
EIP-4844 is an attempt to scale data handling by making use of Layer 2s, but it's still being refined at the present time.
Argentines prefer “play-to-earn” crypto games over normal jobs amid record inflation
Argentina has become the top country for “play-to-earn” crypto games in Latin America, which now makes up 25% of the users on such gaming platforms.
Qantas announces NFT collection and becomes the second airline offering NFTs
Qantas airlines recently announced they're stepping in to the NFT field. With that, they managed to be second in line after AirBaltic.
Honduras signals intent to follow neighboring El Salvador in making Bitcoin legal tender
President Xiomara Castro says El Salvador shouldn't be the only country to rid itself of dollar reliance.
4 reasons why Ethereum is surging as the price climbs over $3,000
The macroeconomic and geopolitical environment surrounding crypto and the whole global economy has had its impact on the price action of cryptocurrencies in general, with the war in Ukraine as the overarching geopolitical disaster moving energy and commodities prices to dangerously high levels.
Winklevoss’ Gemini Payments obtains e-money operator license in Ireland
Gemini has become the 18th company in Ireland that was authorized by the Central bank to issue electronic money.
Yuga Labs secures a16z board member, $450 million and reached a $4 billion valuation
Yuga Labs collected $450 million of funding in their first seed round, which increased their total valuation to $4 billion. Yuga Labs team announced that this money will be spend on building their new game-based metaverse.
Ethereum, buoyed by Merge upgrade, is currently outperforming Bitcoin
Ethereum, for the first time in 2 weeks, have crossed the $3k mark as its value rises by over 15%.