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Monthly archives: November 2023
Arbitrum community greenlights staking proposal after new mint function removed
The Arbitrum DAO approved a proposal to create a staking mechanism for the ARB token on Nov. 6. The vote follows a community debate on whether to activate staking or not for a number of months now and failed to reach a consensus on the matter for weeks due to disagreements over how the yield …
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Kazakhstan bans Coinbase amid crackdown on unregulated crypto activity
The Ministry of Culture and Information in Kazakhstan recently blocked access to prominent crypto exchange Coinbase and select online brokerage websites, including the New York Mercantile Exchange (NYMEX), local media reported on Nov. 7. The actions are grounded in Kazakhstan’s stringent “Digital Assets Law,” a comprehensive piece of legislation that governs the issuance and circulation …
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Rising Bitcoin Inscriptions activity signals shift in transaction types
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 …
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Bridging the gap: How Web3 is transforming traditional sectors
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 …
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Upcoming Bitcoin halving may put Ethereum’s inflation rate in the shadow
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 …
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Kraken’s ambiguous response fuels speculation of layer-2 network development
Kraken said it is “always looking to identify and solve for new industry challenges and opportunities,” in a Nov. 7 email sent to CryptoSlate. The exchange made this statement in response to recent speculations about its potential development of a layer-2 network. While the email neither confirmed nor denied the rumors, it underscored Kraken’s commitment …
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Solana (SOL) Set To Take Market Share Away From Cardano (ADA), According to Bloomberg Crypto Analyst
Bloomberg Intelligence analyst Jamie Coutts says that Ethereum (ETH) competitor Solana (SOL) is well-positioned to perform stronger against fellow ETH rival Cardano (ADA). Coutts says that Solana has a lot more daily users than Cardano but that ADA’s market cap is still about 75% of SOL’s market cap. He believes Cardano will start market share …
More Than 700,000 New Bitcoin Addresses Created in a Single Day As BTC Flirts With $35,000: Crypto Trader
A crypto trader says that a couple of on-chain signals are suggesting that Bitcoin (BTC) is gathering bullish momentum under the hood. Trader Ali Martinez says hundreds of thousands of new Bitcoin wallets were created on Sunday as BTC touched $35,000. “Bitcoin: more than 700,000 new BTC addresses created [on Sunday] alone. This is an …
Simp DAO queen Irene Zhao on why good memes are harder than trading: X Hall of Flame
Who is this person anyway? Irene Zhao, the Simp-Queen mastermind behind the SO-COL platform and a Crypto Twitter influencer, explains that having a celebrity in your corner can turbocharge your NFT collection. Zhao’s first Simp DAO and NFT collection, IreneDAO, started with a floor price that was basically pocket change in ETH. “I think it …
‘107,000 GPUs on the waitlist’ — io.net beta launch attracts data centers, GPU clusters
Io.net’s recently developed decentralized physical infrastructure network has moved into its beta phase, allowing GPU computing providers to plug into the platform. News Join us on social networks Over 100,000 GPUs from data centers and private clusters are set to plug into a new decentralized physical infrastructure network (DePIN) beta launched by io.net. As Cointelegraph …
Caitlin Long’s Custodia Bank launches Bitcoin custody platform
Custodia Bank’s launch of Bitcoin custody follows a series of regulatory challenges the firm faced earlier this year. News Join us on social networks Custodia Bank, a cryptocurrency-friendly bank founded by Bitcoin advocate Caitlin Long, has launched its BT custody platform. The firm took to X (formerly Twitter) on Nov. 7 to announce the launch …
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Biden AI executive order ‘certainly challenging’ for open-source AI — Industry insiders
The executive order on AI safety from the Biden administration has laid out its standards for the industry. However, its vagueness has raised concerns among the AI community over stifling innovation. Follow up Join us on social networks United States President Joe Biden issued a lengthy executive order on Oct. 30, which intends to protect citizens, government agencies …
Veteran Crypto Investor Bullish on Cosmos (ATOM) Ecosystem Ahead of Potential $200,000,000 Tidal Wave
Venture capitalist Arthur Cheong says he’s “pretty bullish” on the Cosmos (ATOM) ecosystem amid recent developments. The DeFiance Capital founder and CEO says on the social media platform X that dYdX’s (DYDX) migration will increase the Cosmos ecosystem’s total value locked (TVL) and bring “huge amounts” of activity. TVL refers to the amount of capital …
Xbox to enhance game dialogues with generative AI through new partnership
The company will provide an AI toolset for game developers to improve scripts, dialogue trees and quests inside games. News Join us on social networks Gaming console Xbox is tapping into artificial intelligence (AI) with a new partnership intending to boost game creators by integrating generative AI into its game creation toolkits. In a blog …
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