According to the report, nearly half of the month’s losses were caused by the Multichain exploit, which resulted in $231 million in losses alone. News Join us on social networks The cryptocurrency market is having its worst month of 2023, according to a report from Web3 outlet De.Fi shared with Cointelegraph. Losses for July totaled …
Continue reading “Crypto market loses $486M in July, most since 2022: Report”
A new study by payments firm Ripple says that financial institutions could save astronomical amounts of money by switching their systems over to blockchain-based rails. The study, which was conducted by Ripple in collaboration with US Faster Payments Council, polled 300 leaders working in the payments industry across 45 countries. The poll reveals that 97% …
Cointraffic, the industry leader in crypto advertising, has just unveiled its innovative Cointraffic Marketplace. This new platform offers Web 3.0 teams a one-stop solution for all their marketing needs, presenting exclusive and impactful ad placements aimed at a clearly defined target audience across a range of top crypto outlets. These include Etherscan, Blockchair, BeInCrypto, TheDefiant, …
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The BALD memecoin collapsed in price as collectors alleged an exit scam, but the developer said they had not sold any coins. News Join us on social networks A new memecoin on Coinbase’s Base network fell 85% after its developer allegedly pulled liquidity of 1,034 Ether (ETH), worth approximately $1.9 million, from the market, according …
Continue reading “BALD token developer denies rug pull as price falls 85% post-launch”
BTC price retracing deeper than $25,000 is “possible,” analyst warns, with $28,300 the line in the sand for Bitcoin bulls. Market Update Join us on social networks Bitcoin (BTC) stayed static at the July 31 Wall Street open as analysis warned that the net was closing in for bulls. BTC/USD 1-hour chart. Source: TradingView $28,300 …
Continue reading “Bitcoin volume hits lowest since early 2021 amid fear $25K may return”
Advocates of the crypto industry in Japan demand the revision of the national tax regime for digital assets. News Join us on social networks Advocates of the crypto industry in Japan demand the revision of the national tax regime for digital assets. Japan Blockchain Association (JBA), a non-governmental lobbying group, filed an official request to …
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According to the SEC, Richard Heart allegedly used more than $12 million of investor funds to buy “a 555-carat diamond, expensive watches, and high-end automobiles.” News Join us on social networks The United States Securities and Exchange (SEC) has filed a lawsuit against Richard Schueler, better known in the crypto space as Richard Heart, for …
Stablecoin giant Tether recorded an operational profit of more than $1 billion in the second quarter of 2023 The USDT issuer’s consolidated assets exceed its consolidated losses, leaving an excess reserve of $3.3 billion. Most of the stablecoin firm’s profits came from interests on the Treasury bills held in its reserves. The USDT issuer had …
Continue reading “USDT Issuer Tether Records Over $1 Billion Operational Profit In Q2”
What is CryptoSlate Alpha? A web3 membership designed to empower you with cutting-edge insights and knowledge. Learn more › Connected to Alpha Welcome! 👋 You are connected to CryptoSlate Alpha. To manage your wallet connection, click the button below. Oops…you must lock a minimum of 20,000 ACS If you don’t have enough, buy ACS on …
Continue reading “Bitcoin balances on top exchanges: What history tells us about future bull runs”
What is CryptoSlate Alpha? A web3 membership designed to empower you with cutting-edge insights and knowledge. Learn more › Connected to Alpha Welcome! 👋 You are connected to CryptoSlate Alpha. To manage your wallet connection, click the button below. Oops…you must lock a minimum of 20,000 ACS If you don’t have enough, buy ACS on …
Continue reading “Analyzing Bitcoin’s summer performance with a cautionary eye on September”
What is CryptoSlate Alpha? A web3 membership designed to empower you with cutting-edge insights and knowledge. Learn more › Connected to Alpha Welcome! 👋 You are connected to CryptoSlate Alpha. To manage your wallet connection, click the button below. Oops…you must lock a minimum of 20,000 ACS If you don’t have enough, buy ACS on …
Continue reading “TRON ecosystem grows amid increasing DeFi activity”
What is CryptoSlate Alpha? A web3 membership designed to empower you with cutting-edge insights and knowledge. Learn more › Connected to Alpha Welcome! 👋 You are connected to CryptoSlate Alpha. To manage your wallet connection, click the button below. Oops…you must lock a minimum of 20,000 ACS If you don’t have enough, buy ACS on …
Following multiple setbacks with European regulators, Binance has become the first digital asset exchange to receive an Operational Minimum Viable Product (MVP) license from Dubai’s Virtual Assets Regulatory Authority (VARA). The news comes as the exchange faces regulatory challenges in several European territories, including Germany, the Netherlands, and the U.K. The Operational MVP license, issued …
Widely followed crypto analyst Benjamin Cowen says that Ethereum (ETH) still isn’t ready for its moment to truly shine, based on historical data. In a new video update, Cowen takes a look at Ethereum’s historical average monthly return on investment (ROI), which suggests that Q3, or summer months, are generally not the best times to …
Tether has released its latest reserves attestation for USDT, with its excess reserves increasing to $3.3 billion. News Join us on social networks Tether continues to increase its treasury reserve holdings backing circulating USDT (USDT) tokens, according to its latest financial attestation for the second quarter of 2023. Tether Holdings published its Q2 attestation from accounting firm …
Continue reading “Tether’s excess reserves up to $3.3B, holds $72.5B worth of US Treasury bills”
