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Fast coverage of the stories moving crypto markets.

Costa Rican congresswoman proposes bill to regulate, recognize cryptocurrency

Costa Rican Congresswoman Johana Obando proposed a crypto-friendly bill, titled "Cryptoassets Market Law (MECA)," to regulate and exempt crypto tax profits generated from mining activities.

Cynthia Chung 2 min read 4 years ago

Crypto BTC -0.55%

CryptoSlate Daily wMarket Update – Oct. 27: Dogecoin continues impressive run as BTC, ETH flatlines

The wMarket Update condenses the most important price movements in the crypto markets over the last 24 hours, published 07:00 ET on weekdays.

3 min read 4 years ago

Bankruptcy

US Trustee opposes Celsius’ $2.9M employee bonus plan

The U.S. Trustee argued that it is not logical that for a company that owes billions of dollars, to propose a multi-million bonus scheme for its employees.

2 min read 4 years ago

Censorship

Binance founder CZ confirms $500M equity investment to back Musk’s Twitter deal

Binance founder CZ confirmed a $500 million equity investment to support Elon Musk's acqusition of Twitter, describing it as "a small contribution" to help realize the new vision for Twitter.

2 min read 4 years ago

Adoption MATIC +2.76%

MATIC up 23% over past month as addresses spike, coins leave exchanges en masse

A huge rise in adoption has pushed Polygon's price up 23% in the past 30 days, increasing the number of active addresses on the network and draining MATIC from exchanges.

2 min read 4 years ago

DeFi

DeFi protocol deBridge to launch new standard for cross-chain transfers

The DLN architecture enables limitless cross-chain value transfer with zero slippage and no need for assets to be locked in the ecosystem.

2 min read 4 years ago

Crypto

CryptoSlate Wrapped Daily: Vitalik deems crypto better than gold; SBF hints at creating FTX-backed stablecoin

Messina CEO willing to bet his Porsche on BTC reaching $60,000 again, Ethereum overtakes Alibaba to become 50th most valuable asset and much more in this edition of CryptoSlate Wrapped Daily.

4 min read 4 years ago

Adoption

DappRadar deems Reddit blueprint for NFT launches ‘one of the biggest events for Web3’ in 2022

DappRadar's report on blockchain behavior gave insight into the explosion of development within the space during 2022

4 min read 4 years ago

Crime

UK High Court shutters crypto firm PGI Global for alleged scam involvement

PGI Global UK had collected around $710,000 from its potential investors, promising 200% returns from their investments in the company, but failed to fulfill its commitment

2 min read 4 years ago

Mining

Research: A deep-dive into Bitcoin hash rate, reasons behind increase, and whether it will rise again

Bitcoin hash rate and mining difficulty has been increasing exponentially since the beginning of the year, and there is no way to tell when it'll stop.

5 min read 4 years ago