The bill could create a framework that allows more companies to issue stablecoins. 2 min read Updated: December 22, 2022 at 2:53 pm Cover art/illustration via CryptoSlate Soon-to-be retired U.S. senator Pat Toomey introduced a bill on Dec. 21 that could pave the way for a more open stablecoin framework beginning next year. Titled the …
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Aave founder Stani Kulechov was given 2 million LDO tokens as an early investor in December 2020, which he held for a year and began selling at the end of 2021. 2 min read Updated: December 22, 2022 at 2:40 pm Cover art/illustration via CryptoSlate Stani Kulechov, the founder of Aave and Lens Protocol, sold …
Continue reading “Aave founder offloads entire LDO bag over 12 months for a total of $2.4M”
The company also announced tripling its hash rate and recording a 235% increase in revenue. 2 min read Updated: December 22, 2022 at 2:16 pm Cover art/illustration via CryptoSlate CleanSpark’s hash rate hit 6 EH/s on Dec. 21, compared to 2 EH/s on Dec. 31, 2021 — marking a 3x increase on an annual basis. …
Continue reading “CleanSpark mined 3,750 BTC in FY’22, BTC reserves down 40% since January”
Over the last 24 hours, the cryptocurrency market cap saw net outflows of $1.08 billion and currently stands at $811.42 billion — down 0.13%. Bitcoin’s market cap fell 0.2% to $324.13 billion. In contrast, Ethereum’s market cap grew 0.2% to $149.11 billion. The top 10 cryptocurrencies posted a mixed performance over the last 24 hours. …
Continue reading “CryptoSlate Daily wMarket Update: Dogecoin bounces back to lead top 10 cryptos”
A Tornado Cash developer identified as “Gozzy” has proposed to receive an annual pay of $240,000 to cover the potential risk that may arise from going against the OFAC sanction. 1 min read Updated: December 22, 2022 at 12:17 pm Cover art/illustration via CryptoSlate A Tornado Cash developer identified as “Gozzy” has initiated a proposal …
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On Dec. 21, U.S. law enforcement officials from the Southern District of New York (SDNY), the Securities and Exchange Commission (SEC), and the Commodity Futures Trading Commission (CFTC) revealed they imposed fraud charges against FTX co-founder Gary Wang and ex-Alameda Research CEO Caroline Ellison. After Wang’s and Ellison’s surrender announcement, the public has been wondering …
Dogecoin rebounded from Wednesday’s decline, as the meme coin moved away from a key support level. Prices have been hovering close to a two-month low in recent days, with today’s surge bringing optimism to remaining bulls. Litecoin was also higher, as the token remained close to a one-week high. Dogecoin (DOGE) Dogecoin (DOGE) was in …
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Interest rates will continue to rise while the euro area falls into recession, a high-ranking executive at the European Central Bank (ECB) has indicated. His statements follow the latest rate increase announced by the monetary authority last week and revised projections showing higher than previously expected inflation in Europe ahead. ‘We Have No Choice But …
Cryptocurrency prices mostly consolidated on Thursday, ahead of upcoming GDP figures from the United States. Bitcoin remained close to the $17,000 level in today’s session, with the global market cap trading 0.01% lower as of writing. Ethereum was largely unchanged, as prices continued to trade above $1,200. Bitcoin Bitcoin (BTC) continued to consolidate ahead of …
Paxful, a New York-based, peer-to-peer (P2P) cryptocurrency exchange, will drop Ethereum trading from its platform on Dec. 22. Ray Youssef, CEO of the company, cited different reasons for this decision, with increased centralization and the recent consensus mechanism pivot amongst them. Youssef also stated that tokens built on top of Ethereum have been primarily scams. …
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A trading robot with a reputation for outperforming the digital asset markets is sharing its newest Bitcoin (BTC) and altcoin portfolio allocations amid the ongoing crypto winter. Every week, the Real Vision Bot conducts surveys to compile algorithmic portfolio assessments that generate a “hive mind” consensus. The bot’s latest data indicates crypto traders prefer Ethereum (ETH), with …
Bitcoin (BTC) fell at the Dec. 22 Wall Street open as United States equities reversed previous gains. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bitcoin risks new and unseen “death cross Data from Cointelegraph Markets Pro and TradingView showed BTC/USD dipping to intraday lows of $16,650 on Bitstamp. The pair remained a conspicuous stocks copycat …
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It has been a tumultuous year for the crypto investors who have witnessed the total crypto market capitalization tumble from about $2.2 trillion at the beginning of 2022 to about $850 billion in December. The sharp erosion in valuation was caused due to several high-profile bankruptcies in 2022. The entire Terra ecosystem imploded with the …
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Magazine: Animoca was a successful mobile gaming company, with 10 million downloads and various apps in the top 10 on Apple’s App Store. Then you were suddenly thrown off the store in 2012. How did that change your views on Big Tech? Yat Siu, Animoca co-founder:The fact that platforms could become as powerful as they …
Continue reading “Yat Siu’s Big Ideas: We’re already living in the Metaverse”
