The latest Bitcoin, DeFi, NFTs and web3 news from CryptoSlate.
Bipartisan bill: Lock down Russia’s gold reserves, U.S. may stop oil imports
A group of senators is introducing a bipartisan bill to prevent Russia from selling its gold reserves. Meanwhile, the U.S. may ban Russian oil imports, without participation of its European allies.
Jake Paul earned over $2 million by promoting pump and dump crypto schemes
All the crypto projects Jake Paul have either been abandoned or have lost over 90% of their value.
Bitcoin price consolidates while daily active addresses see strong growth
The market price of bitcoin is consolidating above $38,000, but stays closely correlated to the stock market. At the same time, the number of daily active addresses is steadily growing, as is the supply of stablecoins.
Cardano founder accused of faking his academic credentials, does it matter?
Charles Hoskinson claims to be a maths undergraduate, but research conducted by journalist Laura Shin shows this may not be true.
FBI takes precautions as crypto crime increases 80%. Are the figures as bleak as they sound?
A study by Chainalysis has revealed that crypto-related crimes hit their all time high. As a response, the FBI created the "Crypto Task Force" to combat illicit activities within the crypto space.
The Sandbox partners with World of Women to drive female inclusivity in Web3
The Sandbox, a subsidiary of Animoca Brands, and World of Woman, an NFT community that celebrates inclusivity and equal opportunities for all, announce a partnership on the International Women's Day.
The man who owns the world’s most expensive NFT
A glimpse into the mind and motivations of the owner of a $69.3 million NFT.
Crypto.com’s ups and downs highlight the importance of security
Crypto.com paid $700 million to rename the NBA Lakers' home arena, pushing its CRO price to an all-time high.
Why this top CTO ditched Uber, Facebook for NFTs on Solana
There are numerous examples of talents and high profile people leaving Silicon Valley and Big Tech companies for the crypto industry. One of them is Sidney Zhang, who left Uber and Facebook to join Magic Eden, NFT marketplace on Solana.
This $70 million art could be paid for in Bitcoin or Ethereum
Philips once accepted crypto payment for a Banksy artwork in 2020.
Brave browser to give away Bored Ape Yacht Club NFT
Brave Wallet, the crypto wallet feature built into the Brave web browser, is now live on both desktop and mobile. To celebrate, Brave is giving away almost half a million dollars in crypto prizes, including a Bored Ape Yacht Club NFT worth 80 ETH.
Polygon includes $23 billion sports betting company DraftKings as network validator
Ethereum scaling solution Polygon includes the NASDAQ-listed DraftKings sports betting company as a network validator on the Polygon network. It’s the first time a major publicly-traded firm has taken an active role in blockchain governance.
The Kusama Kingdom is expanding with the launch of Queens
The sought-after Kusama Kings are getting their female counterparts.
Bitcoin not a commodity or security declares Saylor as he hits back at regulators
Speaking on PBD Podcast on March 1, Michael Saylor claims that BTC should be defined as the world’s only actual scarcity rather than a commodity or security.
Coinbase clarifies they were already participating in Russian sanctions
Coinbase reveals that they have been blocking sanctioned individuals and entities since their inception.