MATIC falls 5% as Polygon Labs activates next-gen POL token on Ethereum mainnet

Polygon Labs has deployed the contract for its new POL token on the Ethereum (ETH) mainnet. POL is positioned as a next-generation hyperproductive token that will replace MATIC and is designed to play a significant role in the forthcoming Polygon 2.0 upgrade. “POL will power a vast ecosystem of zero knowledge-based Layer 2 chains via …

Coinbase accuses SEC of attempting ‘radical expansion’ of its authority

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 …

Cardano’s Input Output taps Algorand ex-CEO for ambitious stablecoin venture

Input Output Global (IOG), the company behind Cardano (ADA), has appointed two former Algorand (ALGO) executives to lead its new stablecoin-focused venture. In an Oct. 23 statement, IOG revealed that it had appointed Sean Ford, a former CEO of Algorand, to helm the affairs of the unnamed stablecoin venture. David Markley, another former executive from …

Trader Who Called 2022 Crypto Bottom Warns Bitcoin (BTC) in Dangerous Territory Following Big Breakout

A trader who rode the rally in the broader crypto markets earlier this year is warning that Bitcoin (BTC) is in a precarious position even after taking out resistance at $30,000. Pseudonymous trader DonAlt tells his 509,700 followers on the social media platform X that Bitcoin needs to end the week above the $32,290 price …

$42,000 Bitcoin Target Is ‘Preordained,’ According to Economist Alex Krüger – Here’s Why

Economist and crypto trader Alex Krüger believes that Bitcoin (BTC) is “preordained” to hit $42,000 due to one possible event. According to a new blog post by Krüger’s financial advisory firm Asgard Markets, the king crypto will likely soar by more than 24% from its current value by the time a possible spot Bitcoin exchange-traded …

Matrixport doubles down on $45K Bitcoin year-end prediction

After first setting its 2023 year-end BTC price target at $45,000 in early 2023, Matrixport has reiterated its bold Bitcoin prediction. News Join us on social networks Matrixport, a cryptocurrency trading firm founded by Bitmain co-founder Wu Jihan, has doubled down on its prediction that Bitcoin (BTC) will hit $45,000 by the end of 2023. …

5050 Bitcoin for $5 in 2009: Helsinki’s claim to crypto fame

This “Crypto City” guide looks at Finland’s crypto culture: The most notable projects and people, its financial infrastructure, which retailers accept crypto, and where you can find blockchain education courses. City: HelsinkiCountry: FinlandPopulation: 1.55 million Established: 1550Languages: Finnish and Swedish, with English widely spoken Jump to: Crypto culture, Where to spend crypto in Helsinki, Crypto projects …

Bitfinex Securities announces tokenized bond

Paolo Ardoino, Bitfinex chief technology officer and incoming Tether CEO, said the “exciting” initiative marks the beginning of a new era in capital raising. News Join us on social networks Bitfinex Securities, a platform focused on listing real-world tokenized securities, has announced its first tokenized bond that will be listed in November. The new tokenized bond …

Game review: Immutable’s Guild of Guardians offers mobile dungeon adventures

Guild of Guardians is a dungeon-crawling mobile adventure game with a play-to-earn twist. Review Join us on social networks From Oct. 9–20, Immutable invited playtesters to try out an early demo of its upcoming mobile game, Guild of Guardians. Guild of Guardians was first announced in 2021. Its utility token, Guild of Guardians Gems (GOG), …

This Ethereum (ETH) Play Could Front Run BlackRock, According to Crypto Veteran Arthur Cheong

Venture capitalist Arthur Cheong says that Ethereum (ETH) could go on a massive rally if one possible scenario plays out. The DeFiance Capital founder and CEO tells his 151,900 followers on the social media platform X that if BlackRock succeeds with its application for a spot Bitcoin (BTC) exchange-traded fund (ETF) the financial giant may …

Telegram trading bot Maestro refunds users 610 ETH after router exploit

Maestrobots, a group of crypto bots on Telegram, has refunded users 610 ETH in the aftermath of a 280 ETH smart contract exploit on Oct. 24. News Join us on social networks Maestrobots, a group of cryptocurrency bots on the Telegram messenger app, is refunding users in the aftermath of a 280 Ether (ETH) attack. …

Bank of Spain embraces ‘digital euro,’ explains its benefits

The digital euro will make electronic payments a vital piece of the financial system, the statement claims. News Join us on social networks Banco de España, Spain’s central bank, has joined a chorus of European banking institutions preparing their customers for the potential benefits of a digital euro. The central bank published a short text on …

BlackRock fined $2.5M by SEC for incorrect investment disclosure

The SEC’s charges for the world’s largest asset manager came on the same day as a DTCC listing of its spot Bitcoin ETF was spotted; however, a spokesperson from DTCC confirmed that the listing has been there since August. News Join us on social networks The United States Securities and Exchange Commission has fined investment adviser BlackRock …

FTX navigates post-bankruptcy options, weighs sale or revival

Options reportedly include selling the entire exchange, including its extensive customer base of over nine million, to potentially forming a partnership with another entity to revive the platform. News Join us on social networks FTX is carefully considering its future after going through bankruptcy proceedings.  According to a Bloomberg report, during a court hearing in …

Amid Bitcoin ETF rumors, BlackRock stumbles paying $2.5M in SEC charges for investment misreporting other fund

Amid a bullish market for Bitcoin and anticipation of a spot exchange-traded fund (ETF) on the horizon, BlackRock, one of the world’s leading investment advisers, has been charged by the Securities and Exchange Commission (SEC) for failing to report significant investments made by a publicly traded fund accurately it advised. According to the SEC, BlackRock …

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