👋 Want to work with us? CryptoSlate is hiring for a handful of positions! In a recent blog post, Nexo responded to the “ludicrous allegations” levied at it as “obvious lies and smear campaigns.” The lending and borrowing platform called on readers to ignore the fake news and stay informed during these challenging times. Short …
Continue reading “Nexo dismisses claims it defrauded a children’s charity as fake news”
DOGE was trading higher on Monday, as prices rose to their highest level in almost 20 days. TRX was also in the green to start the week, as prices continued to climb, following a recent streak of bullish momentum. Dogecoin (DOGE) DOGE was a notable mover during today’s session, as prices rose to their highest …
Continue reading “Biggest Movers: DOGE Nears 20-Day High, as TRON Also Surges”
Cryptocurrency-related lending has become a black smudge for the industry these days and according to a recent report, bitcoin’s low price has put billions in mining loans under stress. The report, which quotes the co-founder of mining company Luxor Technologies, Ethan Vera, says that roughly $4 billion in loans backed by crypto mining rigs are …
Bitcoin remained close to a ten-day high on Monday, as prices consolidated following gains from the weekend. Although ETH was lower to start the week, it was also able to remain close to Sunday’s peak around the $1,280 level. Bitcoin BTC was consolidating during today’s trading session, as bulls appear to have secured some profits …
Meta, the metaverse-based platform, has announced the launch of a new wallet directed to support value interaction in the metaverse. Meta Pay, a rebrand of the former Facebook Pay service, will keep fulfilling the same functions that Facebook Pay did in the past, but will be developed as a universal way of paying for goods …
Continue reading “Meta Launches Meta Pay, a Metaverse Dedicated Digital Wallet”
press release PRESS RELEASE. TAMPA, Fla., June 27, 2022 / — Pocket Network, an infrastructure middleware protocol which facilitates decentralized multichain blockchain access to developer applications in Web3, including Ethereum, Polygon, Gnosis Chain, Avalanche, Solana, Fuse, Fantom and Near, recently marked a significant milestone in its multichain strategy with 50 supported blockchains on its network …
Continue reading “Pocket Network Advances Its Multichain Strategy With Latest Milestone”
Non-fungible tokens (NFTs) are an interesting investment option for crypto investors. These assets provide a way for investors to make returns at a low entry price point, as their values have also dropped significantly amid the market downturn. After the success of ApeCoin, the asset linked to the Bored Ape Yacht Coin (BAYC) NFT collection, …
Continue reading “Top 10 NFTs – Which Is Next Apecoin to Invest in – June 2022”
The adoption of cryptocurrencies in Latin America has increased significantly. The pandemic fuelled an increased adoption of these digital assets, with a Mastercard survey showing that 51% of consumers in the Latin American region have transacted in cryptocurrencies. Mastercard shows 51% of Latin-American consumers have crypto experience The adoption of digital payments in Latin America …
Continue reading “Mastercard survey depicts increased crypto adoption in Latin America”
Widely followed crypto analyst Benjamin Cowen is taking a look at the state of Ethereum (ETH) rival Cardano as ADA continues its multi-month downtrend. In a new strategy session, Cowen looks at previous periods when Cardano was in a long-term downtrend and notes that while ADA already looks fairly discounted after losing 83% of its …
Continue reading “Has Cardano Hit Rock Bottom? Analyst Benjamin Cowen Looks at State of ADA”
Crypto exchange Voyager Digital has issued a notice of default to hedge fund Three Arrows Capital (3AC) for its failure to pay its 15,250 Bitcoin (BTC) and 350 million USD Coin (USDC) loan disclosed in a previous statement. In a market update by Voyager, the exchange noted that it’s currently exploring “legal remedies” that are …
Continue reading “Voyager Digital issues notice of default to Three Arrows Capital”
Magnus Jones, the innovation lead at big four accounting firm Ernst & Young (EY), believes that the Metaverse would be led by the younger generation and cannot be built on the same principles of the corporate business model. Jones’s comments came during an exclusive interview with Cointelegraph managing editor Alex Cohen at the European Blockchain …
Continue reading “Metaverse can’t be built on the corporate business model, says EY innovation lead”
Cointelegraph’s managing editor Alex Cohen interviewed Figment’s staking marketing director Robert Ellison at the European Blockchain Convention (EBC) 2022. The duo discussed topics like educating regulators on blockchain and crypto, how businesses navigate uncertain regulatory landscapes and regulating staking. According to Ellison, it’s crucial to educate regulators in the space to mitigate the risks of …
Continue reading “Educating regulators will help to mitigate risks, says Figment exec”
Bitcoin Price Prediction – June 27In the BTC/USD market, in the wake of trying to push back northward, the crypto price now hovers over the $20,000 support line. Price currently features between $21,539 and $20,922 at a percentage rate of 1.86. Bitcoin (BTC) Statistics:BTC price now – $21,371.91BTC market cap – $408.8 billionBTC circulating supply …
Continue reading “Bitcoin Price Prediction for Today, June 27: BTC Hovers Over $20,000”
Summary: Voyager previously disclosed its exposure to 3AC, worth over $650 million. 3AC’s loan included $350 million in USDC and some 15,250 Bitcoins. Voyager set June 27 as the deadline for repayment. The latest update suggests that the digital asset platform intends to pursue recovery. Voyager secured a revolving credit line from SBF-backed Alameda Research …
The Bored Ape Yacht Club (BAYC) NFT collection is still attracting attention despite the ongoing recession in the market. While the floor price of this collection is at yearly lows, those who have bought the collections are deriving utility from them. Eminem and Snoop Dogg seem to be settling the bad history between them through …
Continue reading “Eminem and Snoop Dogg release Bored Ape-themed video”
