IMF calls for tighter crypto regulation in Africa as the industry unfolds

The International Monetary Fund (IMF) is calling for increased regulation of Africa’s crypto markets, one of the fastest-growing markets in the world, the global institution blog reported on Nov. 22.  Among the reasons why countries in the region should embrace regulation, the monetary fund cited the collapse of FTX and its ripple effect in cryptocurrencies …

FIFA World Cup 2022: Cryptocurrency Bonuses for Fans

World Cup 2022 is here! Fans can not only watch their favorite game but can also take advantage of crypto bonuses for World Cup 2022 betting. In this article, we will be taking a deep dive into what 1xBit, the leading crypto betting platform, has prepared for the hottest season in Qatar and how fans …

Research: Comparing the 2022 bear market to 2018

Though around 3 million BTC flooded exchanges back in 2018’s bear market, unprecedented amounts of BTC have left exchanges through the 2022 bear market. 3 min read Updated: November 24, 2022 at 9:19 pm Cover art/illustration via CryptoSlate Not all bear markets are created equal and the same can be said when comparing the 2018 …

Web3 Gam3 Awards 2022 nominees released with Big Time up for 6 awards

The inaugural Gam3 Awards hosted by Polkastarter Gaming is approaching fast. CryptoSlate is now able to reveal the official nominees for each category. For example, Illuvium from Immutable X has been shortlisted for five awards, including Game of the Year. Further, equally impressive, Big Time from Big Time Studios is up for four awards and …

FTX gets approval to pay critical vendors, can redact creditors’ and customers’ list

The Bankruptcy Court for the District of Delaware has granted FTX approval for all its first-day motions, including paying critical vendors up to $8.5 million, a Nov. 23 court filing shows. FTX can pay critical vendors The court filing revealed that the bankrupt exchange was granted the right to pay its critical vendors up to …

Could ‘Win to Earn’ be the foundation of web3 esports adoption? w/Axie.gg – SlateCast #37

Chief from AxieGG met with CryptoSlate’s Akiba to talk about AxieGG and the future of Web3 gaming and Axie Infinity‘s future in it. What is AxieGG AxieGG is a gaming guild organized by players and investors originally solely focused on Axie Infinity. The guild invests in top-tier digital assets from web3 games such as Axie …

35% of Bitcoin core team is from the U.S. as monthly active developers falls in 2022

Bitcoin (BTC) investment firm NYDIG’s report revealed that 35.1% of Bitcoin’s core developer team is residing in the U.S., and the core team grows by 5 to 20 people every month. There have been countless developers who actively took part in updating, maintaining, and enhancing the Bitcoin network since its launch on January 2009.  NYDIG’s …

CryptoSlate Daily wMarket Update – Nov. 23: Resurgent Solana re-enters top 10

The cryptocurrency market cap saw net inflows of $1.7 billion over the last 24 hours and currently stands at $830.96 billion, up 0.2% over the reporting period. Bitcoin’s market cap fell 0.3% to $317.9 billion from $318.7 billion, and Ethereum’s increased 2% to $146.3 billion from $143.4 billion. The top 10 cryptocurrencies saw a mixed …

Cardano projects Ardana and Orbis call it quits, community cries foul play

Social media chatter is rife with speculation on Cardano projects Ardana and Orbis, which both announced ending development on the same day. Ardana calls it a day Ardana pitched itself as the “first all-in-one stablecoin ecosystem built on Cardano.” The ecosystem consisted of the dUSD stablecoin, an AMM DEX called Danaswap, and the DANA governance …

Turkey Investigates Former FTX CEO Sam Bankman-Fried for Fraud, Seizes Assets

The Turkish government has launched an investigation on the former chief executive of failed cryptocurrency exchange FTX, Sam Bankman-Fried. According to local media, the authorities in Ankara have also seized assets belonging to the founder of the troubled coin trading platform. Turkey’s Financial Intelligence Unit Initiates Another FTX-Related Probe Financial regulators in Turkey have started …

Hollywood, Streaming Giants Scramble for Movie Rights to FTX Saga

After the FTX collapse, the story seems as though it came from a financial thriller based on fiction and made-up characters. However, the story and the people behind it are very real and today’s streaming giants like Amazon, Apple, and Netflix are vying to get the rights to tell the FTX tale. ‘Multiple’ Film Adaptations …

Onchain Analysis Verifies the Number of BTC Held by Grayscale’s Bitcoin Trust

After Grayscale Investments shared information concerning the company’s product holdings, people questioned why the firm wouldn’t share the public addresses associated with the crypto assets it holds. However, on Nov. 23, OXT researcher Ergo published a Twitter thread featuring onchain forensics that confirm Coinbase Custody holds a balance of 633K bitcoin that likely belongs to …

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