Blockchains need to become interoperable in order for the industry to truly flourish and several innovations will accelerate the ecosystem towards it, say executives. Event Join us on social networks The future of blockchain will be an interoperable one — with the death of “chain tribalism,” the proliferation of “hundreds of chains” along with an …
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Friend.tech’s revenue hit $5.6 million on Sept. 9, marking a 30-day high for the recently launched blockchain social networking platform, which has regained some of its lost momentum, according to Token Terminal data. The strong revenue is driven by a steady increase in usage over the last two weeks despite a significant fall in the …
Four banking giants are preparing to pay nearly half a billion dollars to settle a class action lawsuit brought against them for allegedly attempting to thwart competition in the stock-lending market. JPMorgan, Goldman Sachs, UBS and Morgan Stanley have agreed to collectively pay $499 million to end the suit, which was filed in 2017 by …
A widely followed crypto trader says two prime setups have formed on two low-cap altcoin projects. Pseudonymous analyst and trader Altcoin Sherpa tells his 196,000 followers on the social media platform X that he’s watching decentralized finance (DeFi) lending platform Venus (XVS), and proof-of-work cryptocurrency Flux. Altcoin Sherpa says both coins have consolidated in prime …
FTX laid out the millions it paid to the likes of Shaquille O’Neal, Naomi Osaka and other high-profile people it’s looking to get back. News Join us on social networks Bankrupt crypto exchange FTX is probing if it can reclaim the millions of dollars paid to celebrity athletes and sports teams that promoted the exchange …
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The “fake deposit” attack enables bad actors to execute a transfer where the requested value is larger than what the user actually owns. News Join us on social networks Ethereum staking protocol Lido Finance has assured both Lido DAO (LDO) and staked-Ether (stETH) tokens remain safe despite hackers allegedly exploiting a known security flaw in …
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User activity on friend.tech has witnessed a major resurgence after briefly fizzling last week. News Join us on social networks Decentralized social media platform friend.tech has seen a sudden surge in total value locked (TVL), doubling to reach more than $20 million within the last four days. Only two weeks ago, critics declared the platform …
Continue reading “Friend.tech TVL tops $20M weeks after being declared ‘dead’”
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 …
A veteran investor believes that crypto projects are now more open to private financing than in any period over the past year. Chris Burniske, the founder of Placeholder Capital, tells his 263,300 followers on the social media platform X that crypto projects are actively seeking funds from private investors. However, Burniske says that a lot …
A commissioner with the Commodity Futures Trading Commission (CFTC) disagrees with the agency’s decision to file enforcement action against three decentralized finance (DeFi) companies. Last week, the CFTC announced that it charged DeFi protocols ZeroEx, Opyn and Deridex for offering illegal derivatives trading. The regulator says it also ordered the three firms to pay monetary …
FTX is seeking the cancellation of agreements made days before it collapsed, as well as the return of millions transferred to LayerZero Labs and its affiliates. News Join us on social networks Bankrupt crypto exchange FTX has filed a lawsuit against cross-chain protocol LayerZero Labs, seeking to recover $21 million in funds that were allegedly …
Continue reading “FTX sues LayerZero Labs, seeks to recover over $21M moved prior to bankruptcy”
Bitcoin price has flatlined, but TON, XLM, XMR and MKR are showing signs of bullish momentum. Price Analysis Join us on social networks Bitcoin (BTC) traded in a narrow range this week and is on target to form the third consecutive Doji candlestick pattern on the weekly chart. The cryptocurrency markets did not receive any …
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In decentralized finance (DeFi), Automated Market Makers (AMMs) have emerged as revolutionary tools, reshaping traditional financial paradigms. From trailblazers like Uniswap to innovative newcomers, the landscape is ever-evolving. AMMs have transformed crypto exchanges; bitcoin billionaire offers a solid foundation for Bitcoin trading. Deep Dive into Uniswap Uniswap stands out as one of the most recognized …
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Ripple Labs’ chief legal counsel says that the U.S. Securities and Exchange Commission (SEC) is being hypocritical by arguing for an appeal in last month’s landmark XRP court ruling. In a new thread, attorney Stuart Alderoty says that the regulatory agency’s latest filing for an appeal to resolve “knotty legal problems” is hypocritical given that …
According to Brian Armstrong, the gap between current crypto policies and Americans needs will make cryptocurrencies a hot topic in the upcoming elections. News Join us on social networks Coinbase CEO Brian Armstrong has shared his predictions for the role crypto will play in next years’ elections in the United States, claiming that representatives in …
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