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Crypto News

Fast coverage of the stories moving crypto markets.

CryptoSlate Wrapped Daily: Binance to set up blockchain team for Twitter after $500M investment; Terra collapse sparked BTC supply growth

CZ said Binance' $500 million investment in Elon Musk's Twitter deal will help bridge the gap between social media and Web3, Ethereum price outperforms other L1 networks, and much more in this edition of CryptoSlate Wrapped Daily.

4 years ago

Bear Market

Wisdom Tree takes 36% loss in crypto assets in Q3

Wisdom Tree saw its crypto holdings fall by 36% as it lost roughly $87 million between June and September.

4 years ago

NFTs APT +0.53%

NFT marketplace Souffl3 closes $2 million in seed round

The funding round was co-led by Crypto.com Capital and Synergies Capital. Other participants in the round are Huobi Incubator, M77 Ventures, and J17 Capital.

4 years ago

Research

Terra collapse sparked explosive growth in long-term Bitcoin supply

Long term Bitcoin supply has spiked significantly since the Terra implosion, suggesting buyers saw value during the collapse and since.

4 years ago

Analysis ETH +2.63%

Ethereum price outperforms other L1 networks

Layer2 networks on Ethereum have seen the total value of assets locked in the ecosystem cross $5 billion due to the recent market rally.

4 years ago

Taxes

Costa Rican congresswoman proposes bill to regulate, recognize cryptocurrency

Costa Rican Congresswoman Johana Obando proposed a crypto-friendly bill, titled "Cryptoassets Market Law (MECA)," to regulate and exempt crypto tax profits generated from mining activities.

4 years ago

Crypto

CryptoSlate Daily wMarket Update – Oct. 27: Dogecoin continues impressive run as BTC, ETH flatlines

The wMarket Update condenses the most important price movements in the crypto markets over the last 24 hours, published 07:00 ET on weekdays.

4 years ago

Bankruptcy

US Trustee opposes Celsius’ $2.9M employee bonus plan

The U.S. Trustee argued that it is not logical that for a company that owes billions of dollars, to propose a multi-million bonus scheme for its employees.

4 years ago

Censorship

Binance founder CZ confirms $500M equity investment to back Musk’s Twitter deal

Binance founder CZ confirmed a $500 million equity investment to support Elon Musk's acqusition of Twitter, describing it as "a small contribution" to help realize the new vision for Twitter.

4 years ago

Adoption MATIC +2.76%

MATIC up 23% over past month as addresses spike, coins leave exchanges en masse

A huge rise in adoption has pushed Polygon's price up 23% in the past 30 days, increasing the number of active addresses on the network and draining MATIC from exchanges.

4 years ago

DeFi

DeFi protocol deBridge to launch new standard for cross-chain transfers

The DLN architecture enables limitless cross-chain value transfer with zero slippage and no need for assets to be locked in the ecosystem.

4 years ago

Crypto

CryptoSlate Wrapped Daily: Vitalik deems crypto better than gold; SBF hints at creating FTX-backed stablecoin

Messina CEO willing to bet his Porsche on BTC reaching $60,000 again, Ethereum overtakes Alibaba to become 50th most valuable asset and much more in this edition of CryptoSlate Wrapped Daily.

4 years ago

Adoption

DappRadar deems Reddit blueprint for NFT launches ‘one of the biggest events for Web3’ in 2022

DappRadar's report on blockchain behavior gave insight into the explosion of development within the space during 2022

4 years ago

Crime

UK High Court shutters crypto firm PGI Global for alleged scam involvement

PGI Global UK had collected around $710,000 from its potential investors, promising 200% returns from their investments in the company, but failed to fulfill its commitment

4 years ago

Mining

Research: A deep-dive into Bitcoin hash rate, reasons behind increase, and whether it will rise again

Bitcoin hash rate and mining difficulty has been increasing exponentially since the beginning of the year, and there is no way to tell when it'll stop.

4 years ago

Scams

Bug causes Google to list malicious websites in searches for ‘CoinMarketCap’

Google is displaying phishing websites as the first few search results when users search for CoinMarketCap.

4 years ago

Adoption

Ethereum becomes 50th largest asset by market cap after recent price action

With a market cap of over $188 billion, Ethereum rose to become the 50th largest asset in the world, standing head to head with giants such as Toyota, Disney, and McDonalds.

4 years ago