Key takeaways: Four crypto analysts believe that the new Terra (LUNA) faces a bleak future in the crypto industry and markets. The newly launched Terra (LUNA) digital asset faces a bleak and uncertain future. According to a report by the team at Bloomberg, the new Terra (LUNA) token has ‘no future.’ The report by Bloomberg …
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Summary: Inflation in the U.S reached 8.9% according to the latest CPI report. Bitcoin reacted to the news with a dip in price below the $30K region. Crypto’s leading token remains down from previous highs in correlation with the US stock market. The S&P 500 index is down over 15% since December 2021. Some analysts …
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👋 Want to work with us? CryptoSlate is hiring for a handful of positions! U.S. Treasury Secretary Yellen said Bitcoin, as a retirement savings vehicle, would be a “very risky” move, Bloomberg News reported. She added that it would be fitting for Congress to “address the danger,” suggesting legislative changes to retirement vehicles, such as …
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👋 Want to work with us? CryptoSlate is hiring for a handful of positions! Bitcoin’s (BTC) price sank following the latest U.S. Consumer Price Index (CPI) release, which showed that the index had hit 8.6% — its highest level in 40-years. Economists had expected the CPI figure to remain flat at 8.3%, the same as …
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👋 Want to work with us? CryptoSlate is hiring for a handful of positions! American rapper Shawn Corey Carter — professionally known as Jay-Z — has teamed up with Block CEO Jack Dorsey to offer the residents of Marcy Houses in Brooklyn, New York, Bitcoin Education courses. Shout out to @Jack. #Bitcoin Academy, starting in …
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👋 Want to work with us? CryptoSlate is hiring for a handful of positions! LimeWire is transitioning into the Web3 era with the launch of its first NFT collection. Called LimeWire Originals, the collection will be limited to 10,000 unique avatars and will grant holders access to various utilities and perks, including the highest level …
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AVAX and ALGO both fell by nearly 10% on Friday, following the release of the latest inflation figures in the United States. Data showed that inflation is currently at 8.6%, which is close to a 40-year high. Both AVAX and ALGO moved close to one-week lows on the news. Avalanche (AVAX) AVAX moved close to …
During the early years of the cryptocurrency space, decentralized autonomous organizations (DAOs) and smart contracts were discussed in theory. Nowadays many people consider The DAO, launched in 2016 by members of the Slock.it development team, to be the first smart contract-based DAO. In 2022, there’s a lot more DAOs, as statistics show that $10 billion …
Bitcoin prices were mainly unchanged early in Friday’s session, as traders prepared for the weekend. Following a strong start to the week, crypto prices have mostly consolidated in recent days. ETH was once again trading close to support at $1,750. Bitcoin Following a strong start to the week which saw BTC hit a high of …
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Mercadolibre, one of the biggest “e-tailers” in Latam, has partnered with credit giant Mastercard to make use of its tech to secure the cryptocurrency ecosystem of the company. Through this partnership, Mercadolibre will be able to use Mastercard’s Ciphertrace technology, to allow the company to enhance the control and security of the crypto transactions in …
Polygon, an Ethereum layer-2 scaling solution, has announced the hiring of the former director of human resources and director of employee experience at Airbnb, Bhumika Srivastava. Srivastava will work with Polygon in managing the company’s global workforce. Polygon hires former HR Director at Airbnb Srivastava has served as a HR director at Airbnb over the …
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The Japan Virtual and Crypto Assets Exchange Association (JVCEA) has said it will relax the screening process for new token listings. The regulator is tasked with regulating new crypto listings on local cryptocurrency exchanges. A report from Bloomberg noted that cryptocurrency exchanges in Japan would no longer have to endure the months-long process of screening …
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Jack Dorsey, the CEO of Block, has announced a partnership with JAY-Z to offer a Bitcoin education course in Brooklyn, New York. The course will revolve around creating awareness about Bitcoin and teaching people reasons they should interact with the primary cryptocurrency. Jack Dorsey & JAY-Z partner for a Bitcoin academy The education program that …
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Non-fungible tokens (NFTs) have found many use cases across different industries. One of the recent use cases for these digital collectibles is being used in serving a restraining order. Two law firms recently served a defendant in a hacking case with a restraining order through an NFT. Restraining order served through NFT The two law …
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The New York state recently passed a bill that banned proof-of-work (PoW) mining within the state. The ban has raised criticism from Bitcoin miners, who have said that if the state’s governor signs it into law, it will cause mining companies to migrate from the state. Two Bitcoin miners in the state have already decried …
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