Crypto-stock trade pairs in the cards as Swyftx inks $1.5B merger with Superhero

Australian crypto exchange Swyftx wants to eventually offer seamless trading between traditional and crypto-asset classes, with its first step being the completion of its $1.5 billion merger deal with online investing platform Superhero.  The deal to combine the two was revealed on June 8, with the merged entity set to become the first in Australia …

‘Can it get any easier?’ Bitcoin whales dictate when to buy and sell BTC

Bitcoin (BTC) left both long and short traders behind in May and June, but data suggests trading it may be “easier” than many imagine. According to on-chain analytics resource Whalemap, Bitcoin whales have all but dictated market performance in recent weeks. Whales help pin Bitcoin at $30,000 In fresh analysis published on June 7, Whalemap …

Solana Ventures sets up $100M fund for GameFi and DeFi in South Korea

Solana Ventures and the Solana Foundation have formed a $100 million fund to help support the growth of nonfungible token (NFT), blockchain gaming and decentralized finance (DeFi) projects in South Korea. In addition to supporting projects built on Solana (SOL), the fund will help keep some Terra-based projects afloat following the collapse of that ecosystem …

Human rights activists take aim at privileged crypto critics in letter to Congress

Human rights activists from 20 countries have submitted an open letter to the United States Congress in support of a “responsible crypto policy” and praising Bitcoin and stablecoins as essential tools aiding democracy and freedom for tens of millions. The letter comes just a week after an anti-crypto open letter was sent to Congress purporting …

Beer, gambling and crypto: Budweiser races into Zed Run’s NFT games

Popular beer manufacturer Budweiser has teamed up with Zed Run to deploy tokenized Clydesdale draught horses in its virtual NFT-based horse racing and wagering game. The latest move from Budweiser adds to the $120,000 it spent on NFT fan art and the purchase of the Beer.eth domain name it purchased via the Ethereum Name Service …

Metaverse tokens up 400% year on year despite altcoin bloodbath

Metaverse tokens are vastly outperforming every other crypto category in the current bearish condition, up by nearly 400% year-on-year. Leading the gains are Decentraland (MANA) up 41%, Sandbox (SAND) up 470%, Axie Infinity (AXS) up 511%, and STEPN (GMT) up 746% according to data from the May 2022 market report by Kraken Intelligence and CoinGecko. …

PayPal adds new crypto functionalities and allows transfers from wallets and exchanges

👋 Want to work with us? CryptoSlate is hiring for a handful of positions! PayPal started to support the native transfer of Bitcoin, Ethereum, Bitcoin Cash, and Litecoin to and from other wallers and exchanges. The new feature will be available only for users in the U.S. With this new feature, U.S.-based Paypal users will …

LUNA 2.0 falls by 77% in 14 days as Do Kwon takes Twitter account private

👋 Want to work with us? CryptoSlate is hiring for a handful of positions! Two weeks after Terra’s ecosystem restarted through LUNA 2.0 airdrop, the coin has seen its value plummet to new lows after its price dropped by 77%. According to Coingecko data, the coin is currently trading for $4.33. Although the overall performance …

Metaverse awareness has more than doubled in 6 months

👋 Want to work with us? CryptoSlate is hiring for a handful of positions! Metaverse awareness more than doubled in seven months to reach 74% as of March 2022, a recent analysis of global consumer data by Wunderman Thompson Intelligence shows. Even though a majority of the consumers surveyed — who are aware of the …

SEC Probes Binance — BNB Could Be Unregistered Security: Report

The U.S. Securities and Exchange Commission (SEC) is reportedly investigating Binance’s BNB token, which could be an unregistered security. If the cryptocurrency is found to be a security, it could put Binance in a similar position to Ripple Labs which has been in an ongoing lawsuit with the SEC over the sale of the XRP …

Nobel Laureate Paul Krugman Compares Crypto to Housing Bubble and Subprime Crisis

Nobel Prize-winning economist Paul Krugman has compared the current state of cryptocurrency to the housing bubble and the subprime mortgage crisis. Noting that crypto lacks any real value, he said: “it is a house built not on sand, but on nothing at all.” Paul Krugman on Crypto, Housing Bubble, and Subprime Mortgage Crash Nobel laureate …

SpartaCats Troll DOGE With Billboard Near SpaceX Office

press release PRESS RELEASE. SpartaCats, a novel meme-coin project based on BNB and the Everscale blockchain network, put up a digital billboard advertisement in Hawthorne, California, near the headquarters of Tesla and SpaceX. In the ad, you can see an image of cats taking off in a rocket, leaving behind a smoking dog. Next comes …

PayPal Users can Now Transfer Crypto

For the longest time, users have wondered if popular payment apps such as PayPal would ever offer a crypto transfer. It looks like their prayers have been answered. On June 7th 2022, Jose Fernandez Da Ponte, Senior Vice President and General Manager, Blockchain, Crypto, and digital Currencies division of PayPal, took to the website to announce …

Connecting great talent with new opportunities: Introducing the Coinbase Talent Hub

By L.J Brock, Chief People Officer As part of our announcement on Thursday, we made the difficult decision to rescind the offers of a number of candidates who were set to join Coinbase. While it’s necessary to slow our headcount growth in light of the macro environment, we deeply regret the impact this has for …

Solana Retraced 8% On The Chart, Is It Eyeing $30?

Solana plummeted substantially over the last 24 hours and was inching towards its crucial support line. The technical outlook of the coin continued to reflect bearishness. Few days ago though, the coin had attempted to bring the bulls back. At the current moment, SOL was back to trading near the August 2021 level. Buyers also …

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