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Polygon, Ledger urge EU to amend smart contract rules forcing inadvertent centralization
Polygon Labs and Ledger are urging EU lawmakers to amend certain clauses in the Data Act related to rules for smart contracts. The companies wrote in a joint open letter that the current version of Article 30 of the Data Act will “inhibit innovation and economic growth” in the European crypto industry as it does […] The post Polygon, Ledger urge EU to amend smart contract rules forcing inadvertent centralization appeared first on CryptoSlate. дальше »
2023-4-18 02:09 | |
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IMF denies involvement in purported CBDC
The International Monetary Fund (IMF) said in a statement to CryptoSlate that it is not involved with the purported CBDC named Unicoin. IMF denies involvement in Unicoin On April 10, the Digital Currency Monetary Authority (DCMA) announced a central bank digital currency called the Universal Monetary Unit (UMU) or Unicoin. дальше »
2023-4-18 01:27 | |
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NYDFS will charge cryptocurrency companies for supervision
The New York Department of Financial Services (NYDFS) said April 17 that it will impose supervision charges on crypto firms. NYDFS introduces regulation allowing charges Adrienne Harris, NYDFS Superintendent of Financial Services, said: “This regulation provides the Department with additional tools and resources to regulate the virtual currency industry now … as innovators create new […] The post NYDFS will charge cryptocurrency companies for supervision appeared first on CryptoSlate. дальше »
2023-4-18 00:10 | |
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Tom Brady, other celebrities ask court to dismiss lawsuit over promoting FTX
Celebrities implicated in a class-action lawsuit over promoting crypto exchange FTX have asked the court to dismiss the case, according to motions filed on April 14. The celebrities include comedian actor and director Larry David, Tom Brady, Gisele Bundchen, Stephen Curry, Udonis Haslem, Trevor Lawrence, Kevin O’Leary, Shohei Ohtani, David Ortiz, Naomi Osaka — and […] The post Tom Brady, other celebrities ask court to dismiss lawsuit over promoting FTX appeared first on CryptoSlate. дальше »
2023-4-18 23:34 | |
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Congressman advances legislation to fire Gary Gensler, downgrade position
Rep. Warren Davidson (R-Ohio) announced legislation to remove Securities and Exchange Commission (SEC) chair Gary Gensler in a tweet on April 16. Davidson announces anti-Gensler legislation On Twitter, Davidson wrote: “To correct a long series of abuses, I am introducing legislation that removes the Chairman of the [SEC] and replaces the role with an Executive […] The post Congressman advances legislation to fire Gary Gensler, downgrade position appeared first on CryptoSlate. дальше »
2023-4-18 22:23 | |
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Research: Bitcoin miners hold strong during Q1, signaling bullish outlook for BTC
Despite a challenging year, Bitcoin started Q1 with a 70% gain, and mining difficulty reached an all-time high. But amidst this growth, what has been the miners' response? CryptoSlate analyzed Glassnode data, uncovering interesting trends in the behavior of the top eight publicly listed mining companies. дальше »
2023-4-18 20:24 | |
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Israel reveals potential scenarios that could lead to CBDC issuance
The Bank of Israel detailed the possible scenarios that could lead to issuing a central bank digital currency (CBDC) — digital shekel (SHAKED) — in an April 17 statement. According to the bank, it was preparing an action plan for the potential issuance of the currency even though it had not yet decided on whether SHAKED […] The post Israel reveals potential scenarios that could lead to CBDC issuance appeared first on CryptoSlate. дальше »
2023-4-17 16:25 | |
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Bitcoin loses 30k support, as futures open interest contracts unwind
Quick Take Bitcoin lost its $30,000 support this morning and is currently at $29,500. Five days ago, CryptoSlate analyzed that open interest jumped by the fifth largest amount in one day. This was a significant driver in pushing the price over $30,000. дальше »
2023-4-17 15:15 | |
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CryptoSlate wMarket Update: Bitcoin dips below $30,000 as outflows exceed $18B
Since the last wMarket report, the cryptocurrency market cap saw net outflows of $18. 7 billion and currently stands at $1. 27 trillion — down 1. 5% from $1. 29 trillion. Over the weekend, Bitcoin and Ethereum’s market cap fell 3% and 1. дальше »
2023-4-17 14:45 | |
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Op-ed: Meet DePINs, web3’s best shot at real-world adoption in 2023
After the rollercoaster crypto had been riding the past few years, it’s hard to hold back a grin when a new buzzword drops, no matter how much you believe in the Web3 dream. So when Messari rolled out a new name for something that had been around Web3 for a while — DePIN, Decentralized Physical […] The post Op-ed: Meet DePINs, web3’s best shot at real-world adoption in 2023 appeared first on CryptoSlate. дальше »
2023-4-17 16:00 | |
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Hundred Finance hacked on Optimism, suffers $7 million loss
Hundred Finance, a decentralized finance (DeFi) multi-chain lending protocol utilizing the veHND model, has experienced a significant security breach on the Optimism layer-2 scaling solution. The protocol, which integrates with Chainlink oracles to ensure market health and stability, announced via their official Twitter account on Saturday, April 15, that they had been hacked with losses […] The post Hundred Finance hacked on Optimism, suffers $7 million loss appeared first on CryptoSlate. дальше »
2023-4-16 22:38 | |
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Stablecoins being converted into Bitcoin helped push BTC price over $30k
Quick Take Bitcoins’ resurgence this year has been down to many factors, but one of the main ones is that stablecoins are being rotated into Bitcoin. CryptoSlate has analyzed the depletion of stablecoins on exchanges that ended up being converted into BTC. дальше »
2023-4-16 16:30 | |
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CryptoSlate wMarket Update: Ethereum’s rally above $2,100 pulls broader market along
The cryptocurrency market recently experienced a net inflow of $40 billion, with Bitcoin and Ethereum's market cap showing significant growth. Top assets, including Cardano and Ethereum, posted gains over 6%. дальше »
2023-4-14 14:45 | |
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XRP spikes 4% following Ripple’s latest response to SEC
Ripple XRP grew 4% in the last 24 hours to as high as $0. 53475 at the time of writing, according to CryptoSlate data. The surge in price follows Ripple’s response to the U. S. Securities and Exchange Commission’s (SEC) letter of supplemental authority regarding its motion for summary judgment. дальше »
2023-4-14 13:30 | |
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Shappella upgrade propels Ethereum above $2,100
Ethereum (ETH) rallied above $2,100 for the first time since May 2022, continuing its largely positive price performance post-Shappella upgrade. Ether rose by more than 10% in the last 24 hours, first breaching the $2000 level before rallying to as high as 2,126 — a high for 2023 — according to CryptoSlate data. дальше »
2023-4-14 12:00 | |
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Solana’s Saga phone seeks to optimize web3 experience on mobile
Solana is finally releasing the Saga, an Android device that promises to redefine the landscape of web3 on mobile phones. With the Saga set to be available for customers in select regions from May 8, the device aims to mobile-optimize user experience in web3, as highlighted by Anatoly Yakovenko, co-founder of Solana, at the Saga […] The post Solana’s Saga phone seeks to optimize web3 experience on mobile appeared first on CryptoSlate. дальше »
2023-4-14 23:29 | |
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Ethereum trades above $2K for the first time in almost a year
Ethereum traded above $2,000 for the first time since May 2022 after the successful Shappella upgrade. According to CryptoSlate’s data, ETH rose more than 6% in the last 24 hours to trade as high as $2,007. дальше »
2023-4-13 19:23 | |
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Dogecoin spikes 6% following Twitter’s new move
Dogecoin (DOGE) spiked by more than 6% after Twitter announced a partnership with the social trading platform eToro, according to CryptoSlate’s data. The partnership will allow users to buy stocks and cryptocurrencies on eToro directly from the Twitter app, CryptoSlate reported. дальше »
2023-4-13 16:10 | |
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Bitcoin whales make a comeback: is the new BTC floor in?
In a recent CryptoSlate analysis, we discovered that while whales were offloading Bitcoin, other cohorts, including Shrimps, were actively accumulating it. For the first time since late 2022, whales have cautiously started to accumulate Bitcoin again, evident from their strategic buying patterns during market capitulation events. дальше »
2023-4-13 15:15 | |
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CryptoSlate wMarket Update: Seamless Shappella upgrade pushes Ethereum closer to $2000
The cryptocurrency market cap has experienced a significant increase, with Bitcoin and Ethereum gaining ground. The top 10 crypto assets all posted gains, and on-chain data reveals that Bitcoin whales have started accumulating the digital asset for the first time since January. дальше »
2023-4-13 14:25 | |
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Whales sell liquid staking tokens as Ethereum Shappella upgrade nears
Liquid staking is one of the worst-performing crypto sectors in the last 24 hours after declining by more than 6%, according to CryptoSlate data. According to CryptoSlate’s data, all seven projects in the space fell by more than 2%, with three of them — Lido (LDO), Rocket Pool (RPL), and pSTAKE Finance (PSTAKE)— falling by more […] The post Whales sell liquid staking tokens as Ethereum Shappella upgrade nears appeared first on CryptoSlate. дальше »
2023-4-12 19:48 | |
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Bitcoin shrimps accumulated 35k BTC in the last 30 days
Bitcoin (BTC) shrimps aggressively accumulated the digital asset in the last 30 days, adding 35,000 BTC to their portfolios, according to Glassnode data analyzed by CryptoSlate. Shrimps refer to wallets with less than 1 BTC, and their current accumulation rate is the fourth fastest in the market’s history. дальше »
2023-4-12 21:19 | |
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CryptoSlate wMarket Update: Bitcoin trades above $30,000 as Ethereum eyes $2k
The cryptocurrency market cap is witnessing a noteworthy surge, led by Bitcoin and Ethereum's impressive growth. An upcoming Ethereum upgrade has piqued interest, and FLEX takes the spotlight as the day's biggest gainer. дальше »
2023-4-11 14:45 | |
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Riot Platforms responds to NYT article on Bitcoin mining
Riot Platforms has responded to claims from The New York Times regarding its crypto mining practices, as seen in a statement on April 10. Riot contests energy use claims On April 9, the New York Times published an article titled “The Real-World Cost of the Digital Race for Bitcoin,” which described the activities of 34 […] The post Riot Platforms responds to NYT article on Bitcoin mining appeared first on CryptoSlate. дальше »
2023-4-11 02:42 | |
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CryptoSlate wMarket Update: Bitcoin, Ether lead top 10 assets gain as Shappella upgrade nears
The cryptocurrency market cap saw net inflows of $20 billion and currently stands at $1. 19 trillion — up 1. 28% from $1. 17 trillion. During the last 24 hours, Bitcoin and Ethereum’s market cap grew 1. дальше »
2023-4-10 14:50 | |
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Revolutionizing Brand Performance in Web3 w/Filippo Chisari – eakTV
In an exclusive interview from Paris Blockchain Week, go-to-market specialist Filippo Kazari discusses the unique challenges and successes faced by top brands entering the Web3 space. Find out which Layer 1 and Layer 2 chains have attracted major brands like Nike, Adidas, and Tiffany, and how they managed to generate significant revenue with their NFT […] The post Revolutionizing Brand Performance in Web3 w/Filippo Chisari – eakTV appeared first on CryptoSlate. дальше »
2023-4-10 06:00 | |
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Revolutionizing Truth with Permafax in a post-knowledge era – SlateCast #61
In this episode of the Slatecast, we discuss the concept of truth and facts in the digital age with Justin from Permafax, a protocol aiming to decentralize truth. Discover how Permafax uses a unique fact market mechanism to allow users to put skin in the game, supporting or opposing assertions found online and revealing the […] The post Revolutionizing Truth with Permafax in a post-knowledge era – SlateCast #61 appeared first on CryptoSlate. дальше »
2023-4-8 21:00 | |
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Legal community expects XRP verdict by May 6, Lawyer admits SEC has one valid claim
Chatter among the legal community has increased in recent days as a verdict is now expected by some on or before May 6, with others admitting the SEC has one valid claim. According to Bill Morgan, a pro-XRP lawyer, the US Securities and Exchange Commission (SEC) may be right about investors buying XRP with the […] The post Legal community expects XRP verdict by May 6, Lawyer admits SEC has one valid claim appeared first on CryptoSlate. дальше »
2023-4-8 15:17 | |
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CryptoSlate wMarket Update: XRP outperforms large caps in flat crypto market
The cryptocurrency market cap saw net inflows of $1. 2 billion and currently stands at $1. 178 trillion — up 0. 1% from $1. 177 trillion. During the last 24 hours, Bitcoin’s market cap grew 0. дальше »
2023-4-7 14:53 | |
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CryptoSlate wMarket Update: Dogecoin plunges below $0.09 on a tumultuous red day
The cryptocurrency market cap saw net outflows of $27. 6 billion and currently stands at $1. 177 trillion — down 2. 3% from $1. 204 trillion. During the last 24 hours, the market caps of Bitcoin and Ethereum fell 2. дальше »
2023-4-6 14:52 | |
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CryptoSlate offers condolences to Bob Lee’s friends and family
CryptoSlate offers condolences to the friends and family of Bob Lee, who succumbed to injuries in hospital following a stabbing incident in San Francisco on April 4. Bob Lee most recently served as the chief product officer (CPO) of MobileCoin, a cryptocurrency project focused on payments. дальше »
2023-4-6 23:45 | |
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CryptoSlate wMarket Update: Ethereum posts 33 week high in anticipation of Shanghai upgrade
The cryptocurrency market cap saw net inflows of $21. 9 billion and currently stands at $1. 2 trillion — up 1. 9% from $1. 18 trillion. During the last 24 hours, the market caps of Bitcoin and Ethereum grew 1% and 4. дальше »
2023-4-5 14:46 | |
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Research: Ethereum derivatives traders signal caution ahead of Shanghai upgrade
Shanghai is the next major Ethereum upgrade, scheduled to go live on April 12. The post Research: Ethereum derivatives traders signal caution ahead of Shanghai upgrade appeared first on CryptoSlate. дальше »
2023-4-4 22:10 | |
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Binance’s regulatory woes don’t seem to scare crypto investors
The Commodities Futures Trading Commission (CFTC) filing against Binance represented the culmination of increased regulatory pressure on the crypto industry. On March 27, the CFTC sued the company, its CEO Changpeng Zhao (CZ), and its compliance lead Samuel Lim for violating commodities regulations in the United States The market reacted switftly to the filing, with Bitcoin […] The post Binance’s regulatory woes don’t seem to scare crypto investors appeared first on CryptoSlate. дальше »
2023-4-4 21:25 | |
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Anti-Bitcoin mining bill gets unanimous approval from Texas Senate committee
The Texas Senate Committee passed the anti-Bitcoin (BTC) mining bill on April 4, according to Satoshi Act Fund’s founder Dennis Porter. The post Anti-Bitcoin mining bill gets unanimous approval from Texas Senate committee appeared first on CryptoSlate. дальше »
2023-4-4 20:41 | |
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No more rate hikes: Markets believe the Fed rate pause is nigh
Quick Take Chances of any more rate hikes seem to have disappeared after the recently reported weak United States macro data. The post No more rate hikes: Markets believe the Fed rate pause is nigh appeared first on CryptoSlate. дальше »
2023-4-4 20:27 | |
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FLEX jumps 7% as 3AC cofounders OPNX exchange goes live
CoinFLEX’s FLEX token increased by more than 7% to $2.73 after Three Arrows Capital’s (3AC) cofounders — Kyle Davies and Su Zhu’s — new Open Exchange (OPNX) went live earlier. The post FLEX jumps 7% as 3AC cofounders OPNX exchange goes live appeared first on CryptoSlate. дальше »
2023-4-4 19:57 | |
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BitKeep gets more users despite multiple hacks
BitKeep achieved a new milestone by recording over 10 million users in April despite suffering multiple hacks in the past. The firm currently plans to support the ZK-Rollup ecosystem soon. The post BitKeep gets more users despite multiple hacks appeared first on CryptoSlate. дальше »
2023-4-4 19:54 | |
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Gold breaks out to new highs as US economy starts to slow down
Quick Take In the past two days, a lot of macro data has come out for the United States, which shows significant signs of a slowing economy in the United States Yesterday, the US manufacturing slump deepened as the manufacturing ISM index fell further into contraction, which fell below expectations and fell to its lowest level since […] The post Gold breaks out to new highs as US economy starts to slow down appeared first on CryptoSlate. дальше »
2023-4-4 17:50 | |
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21Shares launches ETP for Bitcoin L2 network Stacks
Leading crypto exchange-traded product (ETP) issuer 21Shares has launched a product offering exposure to Bitcoin (BTC) layer2 (L2) network Stacks (STX). The post 21Shares launches ETP for Bitcoin L2 network Stacks appeared first on CryptoSlate. дальше »
2023-4-4 16:25 | |
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CZ says latest FUD was likely sponsored by another exchange
Binance CEO Changpeng ‘CZ’ Zhao said the latest FUD — fear, uncertainty, and doubt — about him was likely planted and sponsored by a rival exchange. The post CZ says latest FUD was likely sponsored by another exchange appeared first on CryptoSlate. дальше »
2023-4-4 11:10 | |
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Marathon Digital mines record 825 BTC in March
Bitcoin (BTC) mining company Marathon Digital mined 825 BTC in March — marking the firm’s all-time high, according to the monthly operations report. The post Marathon Digital mines record 825 BTC in March appeared first on CryptoSlate. дальше »
2023-4-4 10:35 | |
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Interpol does not list Red Notice for Changpeng Zhao, despite rumors
Interpol’s website does not list a public Red Notice for Binance CEO Changpeng Zhao as of April 3, despite rumors that such a notice has been issued. The post Interpol does not list Red Notice for Changpeng Zhao, despite rumors appeared first on CryptoSlate. дальше »
2023-4-4 02:24 | |
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Bakkt finalizes $155M acquisition of Apex Crypto
Bakkt has completed its acquisition of the integrated trading platform Apex Crypto, according to an announcement published by the former company on April 3. The post Bakkt finalizes $155M acquisition of Apex Crypto appeared first on CryptoSlate. дальше »
2023-4-4 00:46 | |
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DOJ seizes $112M tied to cryptocurrency schemes
The United States Department of Justice (DOJ) said in a April 3 announcement that it has seized $112 million worth of digital assets tied to crypto investment scams. The post DOJ seizes $112M tied to cryptocurrency schemes appeared first on CryptoSlate. дальше »
2023-4-4 23:28 | |
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