DEA Outlines Expansionary Plan As It Prepares To Enter Global Markets

June 6, 2022 – Singapore, Singapore Platform unveils three-pronged business development strategy to local media. In preparation for its full-scale launch in Japan, GameFi platform Digital Asset Entertainment Pte. Ltd. (DEA) has revealed its business development plans to local Japanese media. Flanked by Japanese lawmaker (former minister of justice) Takashi Yamashita and non-profit organization ‘Kosotsu …

Avalanche price eyes 30% jump in June with AVAX’s classic bullish reversal pattern

Avalanche (AVAX) shows signs of continuing its ongoing rebound move as it paints a classic bullish reversal pattern. AVAX price to $35? Dubbed as “double bottom,” the pattern appears when the price establishes a support level, rebounds, corrects after finding a resistance level, pulls back toward the previous support and bounces back toward the resistance …

CertiK shares security tips following third BAYC security compromise in six months

On June 4, the popular nonfungible token, or NFT, project Bored Ape Yacht Club (BAYC) suffered its third security compromise this year. Nearly 142 Ether (ETH) ($250,000) worth of NFTs was stolen after hackers gained access to the Discord account of a BAYC community manager and posted a message with a link to a fake website. …

Hong Kong’s Securities and Futures Commission warn of nonfungible token risks

On Monday, Hong Kong’s Securities and Futures Commission (SFC) released a statement warning investors about the risks of nonfungible tokens, or NFTs, which have soared in popularity in recent years. The regulatory body wrote:  “As with other virtual assets, NFTs are exposed to heightened risks, including illiquid secondary markets, volatility, opaque pricing, hacking and fraud. …

Corporate evolution: How adoption is changing crypto company structures

Crypto-focused companies have come a long way since their beginnings in terms of corporate structure, employee motivation, decision-making systems, compliance and other aspects of their operations. While the early 2010s saw startups founded by small groups of crypto enthusiasts, the space has since grown to become home to large institutional businesses. Still, crypto companies are …

Ethereum Still Lags Behind Bitcoin, ADA, WAVES, HNT, Jun. 6

Ethereum dips 0.24% as Bitcoin gains 3.4%. Cardano builds on last week’s gains. WAVES and HNT lead the gainers this week. ETH Ethereum was almost 6% higher on Monday but the coin was still in the red for the week with Bitcoin higher by almost 3.5%. ETH has been decoupling from the cryptocurrency market as …

Online Slot Games: 5 Tips And Tricks To Improve Your Odds

Winning online slot games can be tricky if you don’t know where to start. Read our blog to learn how you can improve your odds. Online games have been around for many years but even the most experienced players sometimes still find themselves on the losing side. On top of the traditional slot games, cryptocurrency …

Binance Debunks Reuters Claims that $2.5B Was Laundered Through the Exchange in 5 Yrs, States Crypto is Very Traceable

Suggested: The Binance team has refuted claims by Reuters that the crypto exchange is a hub for hackers, fraudsters, and drug traffickers. Binance states that it is at the forefront of the fight against global money laundering. The team at the exchange also added that crypto transactions are very traceable, and only 0.15% were associated …

Cathie Wood’s Ark Invest: Bitcoin’s Fundamentals Remain Strong as Short Term Holders Show Signs of Capitulation – Report

Ark Invest’s “Bitcoin Monthly” May Report shows fundamentals are stronger than ever for Bitcoin. According to the report, 66% of Bitcoin’s supply has not moved in over a year. Short-term holders appear to have already capitulated, with their positions dropping 35% over breakeven price. The impact of Terra’s UST & Luna collapse on Bitcoin appears …

Apecoin Whales Flex Their Muscles, Attempt to Sway Vote in Favor of Moving APE Off Ethereum

Summary: Three ApeCoin whales have voted against the proposal to have APE remain on Ethereum. Late last week, 99% of the ApeCoin votes were for the proposal to keep APE within the Ethereum ecosystem. With the new votes by Apecoin whales against APE staying on Ethereum, the lead has been slashed to 55%, indicating a …

Suspected exploit shuts down Elrond’s Maiar DEX

👋 Want to work with us? CryptoSlate is hiring for a handful of positions! Elrond (EGLD) CEO Beniamin Mincu tweeted about “suspicious activities on the Maiar DEX” on June 6. Investigating a set of suspicious activities on the Maiar DEX. We are here, all hands on deck. Will update as soon as analysis is clear. …

BAYC smart contract function allows unlimited minting of new Apes by single wallet

👋 Want to work with us? CryptoSlate is hiring for a handful of positions! NFT Developer foobar has called attention to a Bored Ape Yacht Club smart contract function that would allow a single, non-multi-sig, wallet to mint an unlimited number of new Apes. There is a single private key out there that can mint …

Lawmaker behind NY crypto mining bill clarifies it is not a blanket PoW ban

👋 Want to work with us? CryptoSlate is hiring for a handful of positions! The controversial New York crypto mining bill is not looking to ban Proof-of-Work (PoW) crypto mining, Anna Kelles, the lawmaker who wrote and sponsored the bill, told CNBC. She pointed out that most people misunderstand the legislation due to fear-mongering; the …

Indian Terra investors facing 30% tax on LUNA 2.0 airdrop despite losses

👋 Want to work with us? CryptoSlate is hiring for a handful of positions! After losing millions to Terra’s crash, Indian investors who have recovered part of their losses through the LUNA 2.0 airdrop may have to pay taxes equivalent to 30% of the value due to India’s tax policies on cryptocurrency, Bloomberg News reported. …

Monthly NFT Sales Have Dropped Over 65% Lower Than the Month Prior, NFT Google Queries Sink

Non-fungible token (NFT) sales are down a great deal, as 30-day statistics show NFT sales recorded last month saw just over $4.6 billion settled but today, sales are down 65.43% to $1.59 billion. Furthermore, Google Trends data indicates that interest in NFTs has dropped to the lowest point since the first week of October 2021. …

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