Newsroom

Crypto News

Fast coverage of the stories moving crypto markets.

Ethereum founder urges self-custody – recommends use of multi-sig, social recovery wallets

Vitalik Buterin said that he and the Ethereum Foundation use multi-sig wallets to secure the majority of their crypto assets.

3 years ago

Crypto BTC -0.53%

CryptoSlate Daily wMarket Update: Bitcoin taps $26,900 – posting a 39-week high

The wMarket Update condenses the most important price movements in the crypto markets over the reporting period, published 07:45 ET on weekdays.

3 years ago

DeFi

U.S. Banking turmoil halts NFT hype as DeFi thrives

During Mar. 11-12, Defi's transaction volume exceeded $58B, while Mar. 11 recorded least active NFT traders since November 2021.

3 years ago

Legal XRP -0.91%

Coinbase’s Grewal hails Ripple’s defense efforts: XRP relisting possible

Paul Grewal praises Ripple's defense team ahead of imminent court ruling — said XRP Coinbase relisting possible.

3 years ago

Adoption USDC -0.01%

CZ touts rules for securitization of digital assets in new tweet thread

CZ's early morning thoughts echo others in the crypto community who worry that exposure to traditional finance can also hurt the industry.

3 years ago

Technology

Blockchain IoT market estimated to exceed $124M by 2030

Blockchain IoT is expected to grow at a CAGR of 93.4%, while the Asia Pacific region appears likely to take the lead in expansion.

3 years ago

Crime

Euler Finance hacker sent 100ETH to Ronin Bridge exploiter

Euler Labs CEO Michael Bentley tweeted on March 17 that the DeFi protocol's exploited lines of codes were previously audited.

3 years ago

Banking

US lawmaker says President Biden administration is weaponizing market chaos to kill crypto

Tom Emmer said the Federal Reserve's instant payments settlement system FedNow suggests that it is competing with private entities.

3 years ago

Crime

A new class-action lawsuit targets YouTube influencers for promoting FTX

The suit was filed by Edwin Garrison against "FTX influencers" for their alleged role in the promotion of a massive crypto fraud totalling over $1 billion in damages.

3 years ago

DeFi MKR +3.53%

Maker passes first vote to increase U.S. Treasury bond holdings to $1.25B

An executive vote is required before the change is deployed to the DAI protocol.

3 years ago

Scams

Scam warning: Circle phishing campaign promises fake USDC DeFi swap

The scam attempts to capitalize on USDC's post-depeg recovery.

3 years ago

Analysis

Crypto market largely unaffected by ECB decision to hike rate by 50bps

The flagship cryptocurrency saw a slight sell-off in the hour following the ECB rate hike after briefly breaking $25,000 and was trading at $24,752.58, as of press time.

3 years ago

Stablecoins

Circle says substantially all USDC minting, redemption backlogs are resolved after wild week

“Trust, safety, and 1:1 redeemability of all USDC in circulation is of paramount importance to Circle," CEO Jeremey Allaire said.

3 years ago

Exchanges

Crypto exchanges registered in offshore locations are 70% of top 30

The most popular offshore financial centers for crypto exchanges are Seychelles, the Cayman Islands, and the British Virgin Islands.

3 years ago

Crime

Crypto investment fraud in the US hits record $2.57B – up 183% YoY

Crypto investment fraud losses made up roughly 25% of all money lost to online scams and fraud during 2022 and almost 90% of the $3.31 billion lost to online investment fraud.

3 years ago