Monthly archives: June 2022

👋 Want to work with us? CryptoSlate is hiring for a handful of positions! Cryptocurrency exchanges should lose their licenses in case of severe breaches of anti-money laundering (AML) rules, EU regulators have recommended in a report on June 1. The joint report published by three EU regulatory bodies recommends adding the provision to withdraw …

Continue reading “EU regulators propose nixing crypto exchange licenses over money laundering breaches”

👋 Want to work with us? CryptoSlate is hiring for a handful of positions! A former executive of OpenSea, Nate Chastain, faces up to 20 years in jail after being charged with wire fraud, money laundering and his alleged use of privileged insider information to enrich himself during his time at the leading NFT marketplace. …

Continue reading “Ex-OpenSea exec faces up to 20 years in prison over NFT insider trading”

👋 Want to work with us? CryptoSlate is hiring for a handful of positions! Binance Labs, the venture capital and incubation arm of cryptocurrency exchange Binance, has closed a new $500 million fund, the company announced on June 1. Backers of the fund include DST Global Partners, Breyer Capital, and other unnamed private equity funds …

Continue reading “Binance Labs launches $500M fund to back Web3 projects”

👋 Want to work with us? CryptoSlate is hiring for a handful of positions! The business of data monetization is the cornerstone of the digital economy as we know it. Social network giants such as Facebook and YouTube earn billions by selling their users’ data, who remain left out of the process. Human Data Income, …

Continue reading “Human Data Income (HUDI) believes your data is yours to monetize”

👋 Want to work with us? CryptoSlate is hiring for a handful of positions! Crypto deals led to record sponsorship revenue for the NBA, reaching $1.6 billion in the 2021-22 season, CNBC reported, citing research data from IEG, a sports partnerships consultancy firm. Comparatively, the NBA collected between $1.2 billion and $1.4 billion in sponsorships …

Continue reading “NBA sponsorships hit record high of $1.6B on the back of crypto, tech deals”

👋 Want to work with us? CryptoSlate is hiring for a handful of positions! Celsius Network is feeling the heat following allegations that suggest all is not well at the lending and borrowing platform. What’s the FUD surrounding Celsius Network? Some Celsius users recently complained about poor treatment at the hands of the company. In …

Continue reading “Trouble at Celsius Network? Users report difficulties withdrawing funds”

Fidelity is planning a hiring spree to add ether trading and custody services to its cryptocurrency business. “As the demand for digital assets continues to steadily grow and the marketplace evolves, we will continue to expand our hiring efforts,” a Fidelity executive explained. Fidelity Expanding Crypto Services Fidelity Investments’ digital assets subsidiary, Fidelity Digital Assets, …

Continue reading “Fidelity Plans Hiring Spree to Expand Crypto Services to Include Ethereum Trading and Custody”

On June 1, 2022, the Solana network halted block production again as the blockchain network has stopped working a number of times during the network’s lifetime. According to the Solana status update, validator operators are being asked to prepare for a restart. Solana Continues to Be Plagued by Outages, SOL Downtime Denounced by the Crypto …

Continue reading “Solana Halts Block Production, Validators Told to Prep for a Restart, Network’s Decentralization Criticized”

On June 1, the American media company that provides commercial weather forecasts, Accuweather, announced it is tethering weather data to blockchain technology by hosting an API3 Airnode. The company revealed that it is collaborating with blockchain oracle provider API3 and Web API operators will be able to access Accuweather’s onchain weather data. Accuweather Exec Believes …

Continue reading “Accuweather Collaborates With API3 in Order to Provide Blockchain-Powered Weather Data”