The latest Bitcoin, DeFi, NFTs and web3 news from CryptoSlate.
Power of community: Moonriver receives over 200,000 KSM ahead of Kusama launch
Moonriver, the sister platform to Moonbeam, is implementing a five-phase launch process on the Kusama network
Analysts: Bitcoin ‘whale’ behaviour that preceded April’s $64,000 high is back
Data shows large holders of Bitcoin are buying the asset even as prices dipped this week.
Cardano (ADA) infrastructure is ‘green and go’ ahead of smart contracts launch
Weeks of testing are coming close to an end, with the last testnet rollover happening on schedule.
IMF releases Bitcoin (BTC) ‘risk’ warning… again
The international financial institution found it fitting to revive the warnings published in a blog post a month ago and recapped that recognizing Bitcoin as national currency represents an “inadvisable shortcut.”
NFTs go wild as CryptoPunks hits $1 billion in lifetime sales
NFTs on Ethereum are booming, but that comes at the expense of high gas prices.
Anti-Bitcoin protests are ongoing in El Salvador ahead of legalization
With just over a week until Bitcoin becomes legal tender, El Salvadorans took to the streets to protest the adoption of President Nayib Bukele's controversial law.
“Crazy” times for Layer 1s as Terra (LUNA), Avalanche (AVAX), and Cardano (ADA) hit major milestones
The past week has seen the total crypto market re-reach $2 trillion bringing an air of confidence for the remainder of 2021.
DeFi tool Cream Finance hit for over $18 million. Suffers second hack in six months
The hacked DeFi lending protocol already suffered a bigger exploit in February this year.
US: SEC quietly signs deal to spy on crypto DeFi transactions
Authorities have been quick to jump on the crypto regulatory train this year, and the DeFi market is not being left behind.
Here’s what happens to Ethereum (ETH) revenue after multimillion NFT sales
The latest research from crypto analytics company Nansen analyzed the flow of ether (ETH) that has come into the NFT market to determine whether it had any effect on ETH’s price.
Entering the Bharat Krymo’s Musee d’Art brings NFTs to life
The perfect mix of virtual and reality, in some ways the gallery created, seems so familiar that you are immediately comfortable with your surroundings.
Solana (SOL): The Ethereum (ETH) rival’s claim to fame
Almost a year and a half after its launch in March 2020, Solana’s SOL token made its way into the top ten cryptocurrencies following a price surge of over 72% and hitting an all-time high of $81.81 in the past week.
‘Dogenations’ campaign wants to raise Shiba Inu-inspired Dogecoin for homeless animals
The Midwest's largest no-kill animal shelter has announced accepting crypto donations.
Cuba jumps on Bitcoin (BTC) bandwagon. Considers legal recognition
The Cuban government, which has been actively reviewing possible ways of adopting cryptocurrency to overcome their financial struggles, has opened the door to Bitcoin (BTC).
Cardano (ADA) to launch Ethereum ERC-20 convertor on testnet shortly
Following a delay, the ERC-20 convertor now has a definite testnet rollout date.