The latest Bitcoin, DeFi, NFTs and web3 news from CryptoSlate.
NEAR Protocol: Simple, scalable, secure
The tech first, marketing second L1 blockchain is looking to create an environment that will give developers the confidence to build useful products for users.
Huobi eyes US expansion with new FinCEN license
Huobi says the license provides a good foundation for its digital currency-related businesses in the United States.
U.K. tax authorities seek public consultation on DeFi tax treatment
HMRC follows up on Chancellor Sunak's pledge to enhance the competitiveness of crypto-asset taxation by calling on the input of DeFi stakeholders.
Singapore eyes more regulation to protect retail investors from crypto winter fallout
SIngapore's financial regulator says there is need for global collaboration to better regulate the crypto industry because of its "borderless nature."
Crypto winter too harsh for ‘tourists’
Glassnode says Bitcoin recorded its worst-performing month in the last 11 years in June as it recorded a 37.9% drop in its price.
Nexo begins due diligence to acquire 100% of struggling rival Vauld
Nexo steps up to save rival crypto lending platform Vauld subject to a satisfactory due dilligence process.
CryptoSlam data shows average NFT sell price down 94% from YTD daily high
The NFT sector continues to crater as crypto winter bites hard, but proponents say non-fungibles are far from dead.
Short Bitcoin positions dominate inflows for digital asset investment products
Bitcoin short positions dominated inflows during the week of June 27, according to Coinshares' latest report.
Is crypto suffering from a lack of women in senior positions within web3 projects?
CryptoSlate caught up with Nirmala Shome, Head of Community for the NFT fashion platform The Fabricant. Discussing from NFTs and fashion to the role of women in web 3
Here’s how utility tokens can drive crypto adoption higher
Tascha from TaschaLabs recently described three ways utility tokens can grow traditional businesses, and said that they can drive crypto adoption forward.
India’s 1% tax has dealt a heavy blow to crypto trading volumes
Daily trading volumes on most Indian cryptocurrency exchanges have dipped by more than 50% since the tax came into effect on July 1.
Voyager confirms withdrawals for transactions submitted prior to suspending trading
Customers who submitted withdrawals prior to June 30 will soon receive their funds according to an email from Voyager
Hacker wants 10 Bitcoin in exchange for Chinese citizens’ stolen data
The hacker reportedly gained access to the Chinese Shanghai police database stealing over 26 terabytes of personal data.
Cardano’s Vasil upgrade goes live on testnet
The Vasil hard fork will significantly enhance Cardano's performance and capability in line with the consistent improvements on the network.
Roger Ver delivers ‘disappointing’ statement on unfolding CoinFLEX saga
The self proclaimed "Bitcoin Jesus" remained tight lipped about allegations that he single-handedly triggered CoinFLEX to pause user withdrawals.