Bitcoin (BTC) miner Phoenix Group secured a $380 million hardware deal from Whatsminer less than two days after its stock debuted on the Abu Dhabi Securities Exchange (ADX). In a Dec. 7 statement, the miner stated it would take immediate delivery of $136 million worth of mining equipment, with an additional option worth $246 million. …
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The total value of assets locked (TVL) in Cardano’s decentralized finance (DeFi) ecosystem is approaching a 21-month high of $300 million on the back of the blockchain network’s native ADA token bullish price movement. Per DeFillama data, Cardano’s TVL sits at $298 million as of press time, representing a 508% growth on the year-to-date (YTD) …
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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’s supply last active over a year ago reached ATH”
The UK Financial Conduct Authority (FCA) has added another Justin Sun-linked crypto exchange, Poloniex, to its warning list of companies offering financial services without permission within its jurisdiction. A Dec. 6 update from the financial regulator stated: “[Poloniex] may be promoting financial services or products without our permission. You should avoid dealing with this firm.” The …
Continue reading “Poloniex’s challenges mount with FCA warning and user withdrawal issues”
Bitcoin Core version 26.0 was released yesterday, Dec. 6, and 1% of Bitcoin nodes have been upgraded within the first 24 hours. This latest update to the primary software used to interact with the Bitcoin network introduces key enhancements aimed at improving security and network performance. Bitcoin Core, often likened to the operating system for …
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The trader who accurately called the crypto market crash of 2021 says that Bitcoin (BTC) may be setting the stage up for a relatively small parabolic move. Pseudonymous analyst Dave the Wave tells his 143,200 followers on the social media platform X that the king crypto could surge if it crosses a key level around …
A widely followed crypto analyst says that smart contract platform Solana (SOL) has more room to run even after recording triple-digit gains so far this year. Pseudonymous crypto trader Bluntz tells his 230,500 followers on the social media platform X that the Ethereum (ETH) rival could go up by double digits in the coming days. …
Is a game even a game without bots? Pixels CEO doesn’t think so Some think that bots in games is a sign of the apocalypse, or perhaps just the makers trying to fill up an empty venue to make it look popular. But Pixels founder and CEO Luke Barwikowski says that conversely, if people aren’t …
Decentralized science, or DeSci, aims to apply decentralized business models to medical research. Analysis Join us on social networks Changpeng “CZ” Zhao’s tenure as the CEO of Binance may be over, but the exchange giant’s loss could be a boon for the decentralized science (DeSci) sector. In a comment on X (formerly Twitter) on Tuesday, …
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User experience remains a barrier to entry for the world of Web3 and industry builders believe the solution lies in onboarding Web2 functionality. News Join us on social networks Web3 products and services could benefit from the streamlined user experiences that have been mastered by Web2, according to several industry builders who attended Next Block …
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Blockchain and crypto projects joined the UN Climate Change Conference in Dubai and unveiled initiatives focusing on contributing to the fight against climate change. News Join us on social networks As the 2023 United Nations Climate Change Conference (COP28) takes place in Dubai, United Arab Emirates, many projects participated in the climate action effort by …
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A prominent digital asset venture capitalist believes that approval of a spot market Bitcoin (BTC) exchange-traded fund (ETF) could cause the king crypto to dip. Chris Burniske, the founder of Placeholder Capital, tells his 268,800 followers on the social media platform X that the current run up in Bitcoin’s price may indicate holders will take …
Bankrupt, defunct exchange FTX is preparing to present an updated reorganization plan to the court in mid-December. News Join us on social networks The Official Committee of Unsecured Creditors has written a reply to the FTX 2.0 Customer Ad Hoc Committee, providing insights into the details of its proposed amended reorganization plan. Scheduled for mid-December, …
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The Worldcoin Foundation rolled out a $5 million grant to support its community through WLD tokens or stablecoins. News Join us on social networks As Bitcoin (BTC) soared past the $40,000 mark and brought the total crypto market capitalization to $1 trillion, Web3 firms have started to roll out grants to support the development of the …
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In addition to Tether, companies transacting through the Exved system can use the U.S. dollar and the offshore ruble, the platform said. News Join us on social networks One of the first cross-border payment platforms in Russia has officially announced its launch and says it will be facilitating local legal entities to process international settlements …
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