CoinGecko reveals the US state most interested in Bitcoin and Ethereum

The Golden State of California may be America’s most inquisitive state about Bitcoin (BTC) and Ethereum (ETH), new data from CoinGecko has revealed.  In a report shared by CoinGecko, internet users from California accounted for a whopping 43% of all Bitcoin and Ethereum web traffic searches on the crypto tracking website. This is despite the …

Helium devs propose ditching its own blockchain for Solana

Internet of Things (IoT) blockchain network Helium could transition to the Solana blockchain following a new HIP 70 governance proposal launched on Aug. 30.  The Helium core developers said the need to “improve operational efficiency and scalability” was required in order to bring “significant economies of scale” to the network. The Helium network operates by …

Ripple’s plan to tokenize Colombian land stalls amid new administration

A partnership between the Colombian government and Ripple Labs to put land titles on the blockchain appears to have stalled following the project being “deprioritized” by the new administration. The project was initially announced by the outgoing government’s Ministry of Information Technology and Communications just two weeks before the newly elected president Gustavo Petro was …

Crypto startup wins cybersquatting dispute against Deloitte

Crypto startup Don’t Know Your Customer has managed to avoid a cybersquatting complaint brought by accounting giant Deloitte over its domain name. Web3 design  and branding firm Penultimate Media Systems registered DontKYC.com for its crypto client, which claims to be a non-profit community that operates on the Binance Smart chain while offering prepaid cards that …

CryptoSlate Wrapped Daily: Bitcoin maximalist Saylor getting sued for tax fraud, volatility expected ahead of Ethereum’s Merge

The biggest news in the cryptoverse for Aug. 31 includes  US Congress asking 5 crypto exchanges to explain how they are combatting crypto fraud, Michael Saylor getting sued for tax fraud in Washington, and Christopher Hamilton being extradited to the U.S. for trial on OneCoin Scam. CryptoSlate Top Stories US Congress sends 5 major crypto …

Iranian Government Approves ‘Comprehensive and Detailed’ Crypto Regulations

The government of Iran has finalized a set of cryptocurrency regulations. A “comprehensive and detailed” law ratified by the administration provides a regulatory framework for cryptocurrency, including their authorized usage and crypto mining, a government official reportedly said. Iran Finalizes Crypto Regulations The Iranian government has evaluated all issues relating to cryptocurrencies and approved a …

Elon Musk Outlines New Reasons to End Twitter Deal Citing Whistleblower

Tesla CEO Elon Musk has outlined new reasons to terminate the $44 billion deal to buy Twitter in a new filing with the U.S. Securities and Exchange Commission (SEC). Citing a whistleblower report, Musk’s lawyer said the allegations, known to the social media giant but undisclosed to Musk, indicate “far-reaching misconduct at Twitter.” Elon Musk …

Mad Money’s Jim Cramer Recommends Avoiding Crypto, Other Speculative Investments

The host of Mad Money, Jim Cramer, has advised investors to avoid cryptocurrency and other speculative investments. “Don’t get memed. Don’t get SPAC’d. Don’t get crypto’d,” Cramer stressed, warning of “a giant washout of all things that are speculative.” Jim Cramer Advises Investors to Avoid Crypto The host of CNBC’s Mad Money show, Jim Cramer, …

LUNC gains momentum again- Should one buy?

A sudden spike in the market has been leaving investors surprised. With high volatility showcased by cryptocurrencies over the last few weeks, it has become extremely difficult to speculate the price of tokens correctly. Clearly, this hasn’t stopped a massive chunk of investors from getting into several projects, thanks to the discounted prices on almost …

Genesis and Galaxy Set up Funds, Look to Raise $500 Million After Losing to 3AC

According to a recent filing from the Securities and Exchange Commission (SEC), some of the renowned executives in the crypto and trading firms Genesis and Galaxy Digital are looking forward to accumulating $500 million to form a new crypto investment fund called the DBA Crypto Fund I LP. Michael Jordan, Joshua Lim, and Roshun Patel …

“No to Mining” – Says Ethereum’s Second Largest Hosting Provider

The struggle for decentralization has been a long-standing war in the world of smart contracts and governance layers for the crypto ecosystem. But added to this mix is another issue, the ban on mining by a data giant. Hetzner is Ethereum’s second largest hosting provider. It has come forward t say that no crypto miners …

Bullish Streak for Battle Infinity- Coingecko listing, Airdrop to Axie Infinity holders and more

The blockchain sector has been seeing a lot of new projects being introduced recently. While a number of these projects have been found to be cash-grab opportunities for developers or straight-up scams, a few have managed to stand out. These few projects have managed to position themselves as trusted and high-potential endeavours, thanks to their …

Crypto winter? DeFi, Metaverse, and NFT job market still hot — Recruiters

The ongoing crypto winter has seen budgets and jobs slashed, but the search for top-tier talent hasn’t stopped across several Web3 verticals, according to some crypto recruitment firms. Speaking to Cointelegraph, Kevin Gibson, founder of crypto recruiting firm Proof of Search said that the majority of staff cuts in the crypto market have been from …

Sneaky fake Google Translate app installs crypto miner on 112,000 PCs

Crypto mining malware has been sneakily invading hundreds of thousands of computers around the world since 2019, often masquerading as legitimate programs, such as Google Translate, new research has found.  In an Aug. 29 report by Check Point Research (CPR), a research team for American-Israeli cybersecurity provider, Check Point Software Technologies, the malware has been …

Lido (LDO) Price Spikes Over 10% In 24 H, Making It Most Profitable Alt

The broader crypto market showed an impressive price rally mid-day, August 31. Cryptos such as Bitcoin and Ethereum have increased by 0.87% and 2.58%. BTC’s price is $20,319.03, while ETH has regained a hold on $1589.74. The top coins are now trading in the greens.  But the morning hours of August 31 didn’t sit well …

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