NFT Trader hacked, millions of dollars in NFT stolen

At least 13 Mutant Ape Yacht Club and 37 Bored Ape tokens were stolen, along with VeeFriends and World of Women tokens. The losses amount to almost $3 million. News Join us on social networks Peer-to-peer trading platform NFT Trader suffered a security breach on Dec. 16, allowing hackers to steal millions of dollars worth …

Ethereum (ETH) Layer-2 Scaling Solution Arbitrum (ARB) Suffers ‘Major Outage’ Amid Surge in Traffic

Arbitrum (ARB), a popular Ethereum (ETH) layer-2 scaling solution, suffered a major outage on Friday morning amid a “significant” surge in network traffic. The protocol’s sequencer, which is responsible for ordering users’ transactions, stalled at 7:29 a.m. PST and didn’t resume operations until 8:57 a.m., according to Arbitrum’s status page. The layer-2 scaling solution says …

Tether responds to US lawmakers’ calls for DOJ action

Tether has reacted to lawmakers’ requests for DOJ action over its stablecoin use, claiming it wants to be a “world class partner to the U.S.” News Join us on social networks Tether, the company behind the stablecoin Tether (USDT), disclosed letters directed to U.S. legislators, addressing requests for intervention by the Department of Justice in …

Solana-Based Altcoin That’s Rallied Over 1,200% Primed To Crash ‘Within Four to Six Weeks,’ Says Top Analyst

A trader who nailed the top of the 2021 Bitcoin (BTC) bull market is warning of a severe market correction for one Solana (SOL)-based memecoin. Pseudonymous analyst Pentoshi tells his 711,700 followers on the social media platform X that Bonk (BONK) could lose half its value within weeks. “You’ll be able to buy BONK 50% …

Crypto Strategist Issues Bitcoin Alert, Says BTC Price Action Signaling Bearish Bias – Here Are His Targets

Cryptocurrency analyst and trader Justin Bennett is warning of a Bitcoin (BTC) correction after a massive uptrend. Bennett tells his 110,700 followers on the social media platform X that a bearish trend reversal may be forming for Bitcoin that could send it down to the $38,000 level. “Not a great look for BTC while below …

Who is Javier Milei, Argentina’s market-friendly president?

Javier Milei, also known as “El Loco,” has proposed dissolving Argentina’s central bank and envisions a society in which contracts will replace governments. News Join us on social networks Argentina welcomed a new president on Dec. 10, pledging profound economic reforms in the country, including the dissolution of the central bank along with a number …

Trader Says Path Looks Clear for Cardano To Move Higher, Predicts ‘Big Price Move’ for Controversial Altcoin

Crypto analyst and trader Ali Martinez is expressing bullish sentiment on Cardano (ADA) and one low-cap altcoin. Starting with the eighth-largest crypto asset by market cap, Martinez tells his 35,700 followers on the X social media platform that “with no significant resistance barriers in sight, the path looks clear for ADA to move higher”. According …

Vesting in crypto, explained

What is crypto vesting? The process of locking down cryptocurrency tokens or coins for a predetermined amount of time before allowing the tokenholder to fully access or transfer them is known as crypto vesting. It is commonly used in initial coin offerings (ICOs), token sales and other cryptocurrency-related fundraising activities. Crypto vesting aims to incentivize …

SEC accused of ‘gaslighting’ in Coinbase rulemaking dispute

Pro-XRP lawyer John Deaton said that the SEC’s stance in the Coinbase rulemaking dispute directly opposes the SEC chair’s statements during his congressional testimony earlier in 2023. News Join us on social networks In the ongoing legal dispute between Coinbase and the United States Securities and Exchange Commission (SEC), pro-XRP lawyer John Deaton accused SEC …

The rise of CBDCs: What lies ahead for crypto and Bitcoin?

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 …

Tap Protocol secures $4.2M for Bitcoin OrdFi innovation and expansion through Ordinals

Tap Protocol has completed a $4.2 million funding round led by Sora Ventures to enhance its role in the Bitcoin ecosystem. This investment, featuring contributions from numerous venture capital firms and angel investors, equips Trac Systems, the German company behind Tap Protocol, for significant growth. The funding round attracted notable venture capital firms, including Cypher …

Top Crypto Analyst Says Two Altcoins Primed To Explode by Over 80%, Updates Outlook on Bitcoin and Ethereum

A trader who accurately called Bitcoin’s (BTC) 2018 price floor is predicting massive moves to the upside for two top 50 altcoins. Starting with Solana (SOL), the analyst and trader pseudonymously known as Bluntz tells his 232,000 followers on the social media platform X that the sixth-largest crypto asset by market cap will surge in …

Ripple exec predicts crypto landscape shifts in 2024

Stuart Alderoty predicts the possible resolution of Ripple’s SEC lawsuit and U.S. lawmakers agreeing on the need for crypto regulations. News Join us on social networks Ripple chief legal officer Stuart Alderoty has shared insights on the future of the cryptocurrency landscape in 2024. He discussed predictions about Ripple’s legal dispute with the United States …

How Bitcoin Impacts the Fintech Industry and Wider Economy

HodlX Guest Post  Submit Your Post   The adoption of blockchain technology has increased prevalence. Some people think of blockchain as a network of nano-bots, but it is basically a set of codes that record the events in an unalterable format. Fintech is an industry dependent on calculation and analysis, while blockchain is all about efficiency …

Grayscale mulls over potential tax implications for spot Bitcoin ETFs

The asset management firm declares that the Grayscale Bitcoin Trust (GBTC) falls under the grantor trust structure for tax considerations. News Join us on social networks Grayscale is evaluating the possible tax consequences associated with spot Bitcoin (BTC) exchange-trade funds (ETF), following inaccurate reports circulating about unfavorable tax implications. In a series of posts on …

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