Summary: Apple iPod creator Tony Fadell worked on the design for Ledger’s new hardware wallet. The so-called Ledger Stax wallet will feature an e-ink display for users to view NFTs and crypto transactions directly on the device. Stax’s release was announced amid increased interest in self-custody solutions following FTX’s crash. Ledger, a popular crypto hardware …
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Tether, the company behind the world’s largest stablecoin, has launched an offshore Chinese Yuan-backed stablecoin. 1 min read Updated: December 6, 2022 at 5:50 pm Cover art/illustration via CryptoSlate Tether, a leading provider of blockchain-based financial services, has launched an offshore Chinese Yuan-backed stablecoin. The new stablecoin, CNH₮, combines two of the world’s largest economies …
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The co-founder of peer-to-peer trading platform Paxful, Ray Youssef, reiterated his BTC-only stance during a segment at Africa Bitcoin Conference. In the wake of numerous scandals that have rocked the crypto industry this year, investor sentiment toward digital assets is at a low point. However, Youssef took the stage to point out none of the …
Bitcoin (BTC) mining analyst Jaran Mellerud estimated that the Ethereum (ETH) merge might have led to a 40% drop in Hive Blockchain’s revenue. Hive just lost its ether mining cash cow. I estimate its revenues to have fallen by 40% due to “the merge”. pic.twitter.com/1vq0U6EUze — Jaran Mellerud (@JMellerud) December 5, 2022 Mellerud highlighted that …
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To extend Sushi’s runway beyond the next 1.5 years, Grey proposed that 100% of Sushi’s revenue should be allocated to the Treasury for the next 12 months. 2 min read Updated: December 6, 2022 at 4:08 pm Cover art/illustration via CryptoSlate SushiSwap Head Chef Jared Grey has initiated a proposal to increase the Treasury’s xSUSHI …
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A new report by the Bank of Indonesia highlights the country’s 2023 economic growth plan which will include the digitalization of payment systems and the creation of a Digital Rupee. This will comprise increasing the availability and use of digital payments, such as e-wallets and online banking. The government has been actively promoting the use …
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FatmanTerra tweeted that TFL’s narrative that UST was attacked is false because the developers weakened the decentralized stablecoin curve pool. 1 min read Updated: December 6, 2022 at 3:19 pm Cover art/illustration via CryptoSlate FatManTerra alleged on Dec. 6 that the root cause of Terra’s UST implosion was Terraform Labs’ (TFL) dumping of over $450 …
Ethereum (ETH) has become inflationary once again following the reversal of deflationary gains seen in November after the FTX fallout. ETH supply graph Despite only recently becoming the most deflationary it had ever been, ETH supply reverted back to inflationary on Dec. 2, witnessing a 0.00029% increase —349 ETH — in supply. ETH supply graph …
Unus sed leo was one of a few gainers on Tuesday, as cryptocurrency markets mostly traded lower. Bearish sentiment returned to the global crypto market cap in today’s session, with prices down by 1.77% as of writing. On the other hand, avalanche was trading lower, as prices retreated from a recent multi-week high. Unus Sed …
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Oasys, a Gamefi-oriented Web3 blockchain project, has announced it has closed a strategic funding round led by Galaxy Interactive, a VC firm, and Nexon, a gaming company. The round, whose numbers were not disclosed, will allow the company to enhance its ecosystem by expanding its pool of partners to take blockchain gaming to mainstream audiences. …
Ethereum was in the red on Tuesday, as bears reentered the market following a failed breakout of a key resistance level. Prices failed to sustain yesterday’s move above $1,300, with momentum slipping in today’s session. Bitcoin was also lower, however is trading above $17,000 as of writing. Bitcoin Bitcoin (BTC) was consolidating in today’s session, …
A South African digital-only bank (also known as a “neo bank”), Be Mobile Africa, has reportedly launched a crypto payment gateway that allows merchants to convert digital currency payments to fiat currency. Cédric Jeannot, the CEO of the digital-only bank, said the “new gateway is a game-changer” that also helps small businesses “preserve wealth in …
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sponsored What if a Metamask wallet has crashed or become corrupted, and a user is afraid of losing all of their digital assets? To ensure that a lost crypto wallet is recovered successfully, users should read the advice of wallet recovery experts from KeychainX, the trusted service provider that specializes in this type of recovery. …
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The Universal Market Access price prediction shows that UMA could be ready for the uptrend as the trades near the $2.50 resistance today. Universal Market […] Go to Source
Why Crypto Poker is Still on the Rise Despite the Crypto Crash Crypto exchange sites have seen a significant rise in new account sign-ups over […] Go to Source
