Ethereum’s richest bagholders are currently loading up on one exchange token, plus three other altcoins in the decentralized finance (DeFi) sector. According to data from blockchain tracking service WhaleStats, the top 100 Ethereum whales have their eye on WOO, the utility token that powers WOO Network, a decentralized exchange (DEX) that aims to provide deep …
Monthly archives: June 2022
Blockchain-based move-to-earn app Stepn under DDoS attacks after upgrade
Solana-based move-to-earn application Stepn has reported multiple denial-of-service (DDoS) attacks in the aftermath of the platform proceeding with a major anti-cheating upgrade. Stepn took to Twitter on June 5 to report that the platform has suffered a number of DDoS attacks causing recovery maintenance and associated improper performance. 1/2We have been under multiple DDOS attacks …
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Remote roles in blockchain offer flexibility for women: Alien Worlds co-founder
Saro McKenna, the co-founder of nonfungible token game Alien Worlds and CEO of blockchain consulting firm Dacoco, shared perspectives and personal experiences regarding inclusivity within the blockchain industry in an interview with Cointelegraph. Having experienced other male-dominated industries, McKenna shared how she believes that communities within the blockchain industry are “extremely diverse.” She explained that …
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MetaBrewSociety to offer voting rights over a brewery via NFTs and DAO
Munich-based MetaBrewSociety (MBS) will soon offer voting rights on the business decisions of a physical brewery via nonfungible tokens (NFTs) and a decentralized autonomous organization (DAO). The MBS was formed in February this year by a group of beer-loving NFT investors and entrepreneurs that came up with the idea to combine a brewery with the …
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Terra is down $6.0 – Is it the Bottom?
Many investors thought they wouldn’t hear another “Terra is down” since launch. They have not only been wrong, but crypto investors are wondering if the tragedy is going to repeat itself. The relaunch of Terra hasn’t been successful, to say the least. The constant debates on Twitter and the continuous berating by experts haven’t done …
PancakeSwap (CAKE) Jumps 10% Following Investment From Binance Labs
Summary: The company said it is a strategic investment in the decentralized exchange. Binance Labs has not disclosed the specific amount deployed into $CAKE. PancakeSwap currently champions the adoption of Binance Smart Chain per data. The DEX also has the largest total value locked in Binance’s ecosystem. Binance recently announced a $500 Million fund earmarked …
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Bitcoin Breaks Its Longest-Ever 9-Week Red Streak
Bitcoin ended a 9-week run of opening at a lower value than the week before. The asset is now valued at roughly $31,400 and faces resistance at $34,000. Bitcoin believers continue to believe in the fundamentals of the asset, as proven by strong inflows into Bitcoin ETPs. Bitcoin is tantalizingly close to breaking out of …
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Bitcoin miners sell during the downturn, what does this mean?
👋 Want to work with us? CryptoSlate is hiring for a handful of positions! Against the backdrop of fiscal tightening and slowing growth in the crypto industry, Bitcoin miners are selling their holdings. Crypto YouTuber Lark Davies commented that this has been happening since the start of the crypto crash. Usually, miners hold on to …
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Gate․io’s Ninth Anniversary: The Remarkable Crypto Ecological Landscape
sponsored Gate.io is building on its success and evolving to become a remarkable crypto ecological landscape for its users, its ecosystem encompassing a vast variety of digital assets that collectively offer a feature rich experience to its users. With the 9th anniversary celebrations now kicked off, Gate.io is bringing even more innovative features to its …
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Nigerian Blockchain and Crypto Association Introduces a Code of Conduct for VASPs
The Nigerian blockchain and crypto advocacy group, the Stakeholders in Blockchain Technology Association in Nigeria (SIBAN) recently announced the introduction of a code of conduct for Nigerian virtual assets service providers. The code of conduct, which was initiated by the office of the President of Nigeria, applies to all Nigerian VASPs. Making the Nigerian Blockchain …
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Bitfarms Worried About The Fall In Bitcoin Prices Amidst Its Investment Plan in Latam
Bitfarms, a global bitcoin mining company, has told that the price of bitcoin, above all other elements, is one of the most important factors for the future of the industry. Damián Polla, Bitfarm’s Latam General Manager, stated that countries like Argentina, where Bitfarms is currency building a bitcoin mega-mining center, were a very good destiny …
Crypto Strategist Predicts Price Paths for Bitcoin (BTC) and Ethereum Rival Solana for Rest of 2022
A closely tracked crypto analyst is mapping out how he believes Bitcoin (BTC) and Solana (SOL) will perform for the rest of the year. Pseudonymous analyst Inmortal tells his 179,200 Twitter followers that he sees Bitcoin trading within wide range for the next six months. “You will be bored to death the rest of the …
BTC price snaps its longest losing streak in history — 5 things to know in Bitcoin this week
Bitcoin (BTC) starts a new week with some fresh hope for hodlers after halting what has been the longest weekly downtrend in its history. After battling for support throughout the weekend, BTC/USD ultimately found its footing to close out the week at $29,900 — $450 higher than last Sunday. The bullish momentum did not stop …
DeFi community rallies behind PoolTogether to hit $1.4M NFT defense funding target
No-loss lottery decentralized finance (DeFi) platform PoolTogether has reached 100% of its legal defense funding goal via the sale of NFTs. It has taken the project just ten days to reach its funding goal of 769 Ether (ETH) or $1.4 million, signaling strong support from the DeFi community who are rallying against a lawsuit that …
Ugandan central bank u-turns on crypto welcoming firms to regulatory sandbox
The Bank of Uganda is open to the idea of cryptocurrency businesses participating in its Regulatory Sandbox, inviting members of the Blockchain Association of Uganda (BAU) to share their knowledge with the central bank. A letter from the bank dated June 1 to the chairperson of the BAU, Kwame Rungunda, referred to a meeting between …
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