The latest Bitcoin, DeFi, NFTs and web3 news from CryptoSlate.
BAYC founders call Nazi conspiracy video ‘crazy disinformation campaign’
Founders of the BAYC said that the video released by investigative YouTuber Phillip Rusnack was a ridiculous conspiracy theory used to sell knockoff NFTs.
BlockFi in talks with FTX CEO Sam Bankman-Fried to acquire a share of the company
Sam Bankman-Fried of FTX and Alameda Research is in talks to acquire a stake in crypto lending firm BlockFi just days after he acquired 11% of Voyager Digital
Is move-to-earn dead? STEPN’s GST token tumbles 98% in 2 months
STEPN's governance token $GMT is down 81% from its all-time high while the reward token is down 98% in just 2 months. Is move-to-earn dead?
Axie Infinity to start reimbursing Ronin bridge hack victims from June 28
Since the ronin bridge exploit that Axie Infinity suffered, the loot has lost a substantial part of its value due to the crypto market crash.
BoE’s Cunliffe believes crypto will continue to grow
Bank of England's deputy governor Jon Cunliffe likened crypto to the early days of the internet and said the ones who don't give up will grow like Amazon and eBay did.
Cardano founder steals the show at Congressional hearing on crypto regulation
In front of a Congressional hearing, Hoskinson spoke cogently, and appeared relaxed, in making a case for more equitable regulatory treatment for the cryptocurrency industry.
Harmony Protocol’s Horizon bridge exploited, $100M stolen
Harmony has suspended the operations of the exploited bridge and has informed the authorities about the hack.
Polygon exec gives insider scoop on state of crypto employment
Despite the challenges of the past two years, the labor market appears to be in a good place, at least according to official government statistics.
Op-Ed: Trustless bridges: A much-needed solution to the security risks of blockchain bridges
The implementation of blockchain bridges – also known as token bridges – is essential to create interoperability and allow the exchange and flow of digital assets, enabling greater liquidity between blockchains.
Bentley Motors gears up to drop its Genesis NFT collection on Polygon
Bentley believes NFTs can help transform the luxury automotive space just like they disrupted the art industry.
Coinbase introduces KYC rules for its Netherland users to comply with local legislation
The rule will require users to provide information of recipients when making transfers to wallets off Coinbase.
Proposed Gillibrand-Lummis crypto Bill uploaded to GitHub for recommendations
Senator Lummis has opined that the bill is seeking comments from industry stakeholders so that it can properly reflect the innovations in the crypto space.
Conservative MP Matt Hancock advocates for “attractive” tax and regulatory regimes in the U.K.
The Conservative MP Matt Hancock stated that the UK needs to be more liberal in its approach to crypto regulation.
Why dYdX is leaving Ethereum and StarkWare for a native chain on Cosmos
dYdX is moving to a native chain on the Cosmos ecosystem. But why is the DEX ditching Ethereum, the world's most popular Turing complete blockchain?
Ripple opens crypto hub in Toronto with intentions to employ 50 developers
Ripple has built a new office in Toronto, Canada, that will act as an engineering hub to drive crypto innovation. This new location is part of the company's global expansion.