Can your advisor tell you which crypto to buy?

Whether it is rising or falling, bitcoin attracts a lot of attention: In 2021, 94% of financial advisors answered client inquiries about cryptocurrencies, according to a Bitwise and ETF Trends poll. According to the same survey, 47% of advisors had cryptocurrency assets in their personal portfolios. However, only 16% of advisors have cryptocurrency allocated in …

Defunct Crypto Exchange Mt. Gox Announces New Deadline For Creditors To Receive Crypto Payments

Mt. Gox’s Nobuashi Kobayashi has issued a new memo for creditors to avail their crypto payments.  The creditors have been instructed to register themselves with the Mt. Gox Rehabilitation Claim Filing System and have been advised to set up a functional crypto account with exchanges to avail their payments on time. Per a new memo …

Nexo integrates enterprise-grade NFT indexer Zash

The Zash team will be working with Nexo to provide clean, labeled, and indexed NFT data to feed its valuation and pricing models 2 min read Updated: October 7, 2022 at 5:58 pm Cover art/illustration via CryptoSlate Zash, an enterprise-grade NFT indexer, has announced a partnership with Nexo. As part of the partnership, Nexo will …

Visa, FTX team up to offer debit cards in 40 countries

The partnership will focus on emerging markets across Latin America, Asia, and Europe.  1 min read Updated: October 7, 2022 at 4:57 pm Cover art/illustration via CryptoSlate Global payment processor Visa has partnered with crypto exchange FTX to offer its debit card service to customers in over 40 countries. The partnership will enable FTX customers …

Decentraland dispute claims its virtual world platform is a ghost town

DappRadar data showed Decentraland’s daily average users came in at 30 people, however, the platform says a more accurate gauge of user activity is the number of unique visitors. 2 min read Updated: October 7, 2022 at 4:11 pm Cover art/illustration via CryptoSlate In response to a CryptoSlate article published on Oct. 6, Decentraland has …

Ethereum Classic’s Twitter account repurposed for Ergo

Ethereum Classic’s (ETC) Twitter account with over 670,000 followers was repurposed into a new account for rival proof-of-work network Ergo (ERG) on Oct. 6. Hoskinson had control of ETC’s former Twitter account ETC Cooperative executive director Bob Summerville revealed what transpired in a new Twitter thread. So what just happened with this account? 🧵 — …

Bitcoin sinks as US payroll data shows 263K new jobs added in September

Bitcoin sell off occurs in reaction to news the red hot U.S. labour has continued on into September. 2 min read Updated: October 7, 2022 at 2:39 pm Cover art/illustration via CryptoSlate The U.S. Bureau of Labor Statistics (BLS) released non-farm payroll data for September showing employment had increased by 263,000 jobs. The U.S. unemployment …

Mt. Gox exchange releases guideline for BTC repayment

Mt. Gox has enabled an online claim function that will allow creditors to register their information and select a repayment method for subsequent disbursement of funds.   2 min read Updated: October 7, 2022 at 12:56 pm Cover art/illustration via CryptoSlate Bankrupt bitcoin exchange Mt. Gox has released procedures for creditors to register their payment details …

Current Block Times and Estimates Suggest Bitcoin’s Mining Difficulty Is About to Catapult Much Higher

As bitcoin is coasting along under the $20K region, the network’s hashrate is still riding high at 250.04 exahash per second (EH/s) following the all-time high (ATH) the hashrate tapped on October 5. At the time of writing, the current speed at which blocks are processed is faster than the typical ten-minute average block intervals …

Biggest Movers: DOGE, SHIB Slide Following Better-Than-Expected Payrolls Report 

Meme coins were trading lower on Friday, as markets reacted to the latest U.S. nonfarm payrolls report. The data showed that 263,000 jobs were added to the United States economy in September, versus the 250,000 expected. Both dogecoin and shiba inu fell for a third consecutive session. Dogecoin (DOGE) Dogecoin (DOGE) fell for a third …

Bankruptcy Court Publishes 14,000 Pages of Celsius Customer Usernames and Trade History

The crypto community is upset about a recent discovery stemming from the Celsius bankruptcy case as a court filing has revealed over 14,000 pages of the usernames and trading histories of the company’s customers. While the file does not disclose personal information tied to the user’s finance providers or the customer’s residential address, the crypto …

Bitcoin, Ethereum Technical Analysis: BTC Drops Below $20,000 Ahead of US Nonfarm Payrolls Report

Bitcoin was trading below $20,000 on Friday, as markets prepared for the release of the latest U.S. nonfarm payrolls report. The token moved lower for the third consecutive session, as bearish sentiment returned to markets. Ethereum continued to consolidate ahead of this afternoon’s release. Bitcoin Bitcoin (BTC) was back below $20,000 on Friday, as traders …

EU Bans Crypto Services for Russians in New Sanctions Over Ukraine Escalation

An array of crypto-related services have been targeted in the latest round of sanctions on Russia approved by the EU. The measures are part of an expected tightening of the economic and financial restrictions in response to Moscow’s decision to annex Ukrainian territories. EU Council Adopts Full Ban on Crypto Wallet and Custody Services for …

Venture Capitalist Katie Haun Says Crypto Trajectory Differs From Past Cycles – Here’s Her Outlook

Venture capitalist Katie Haun says that the current crypto bear market is the first of its kind since the inception of digital assets over a decade ago. In a new interview, the CEO and founder of the web3-focused Haun Ventures says that unlike in previous cycles, the current crypto downturn coincides with a global economic …

Get your money back: The weird world of crypto litigation

Want to sue a crypto project that ripped you off? That will be $1 million, thank you. Luckily, there are options for those who face the daunting prospect of spending a small yacht’s worth of money in lawyer fees for their chance at crypto justice. In practice, the majority of victims of international blockchain scams …

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