Cosmos-based networks Umee and Osmosis to merge, creating ‘DeFi Hub’

Through a software upgrade, Umee UX Chain code will be implemented on Osmosis, combining the two networks. News Join us on social networks Cosmos-based networks Umee and Osmosis will merge via a software upgrade, according to a Dec. 4 announcement. Umee’s UX Chain code will be reimplemented on the Osmosis chain, allowing features of the …

El Salvador’s Bitcoin portfolio swings to profit

The country’s Bitcoin investment has returned to profit after a devastating crypto winter. News Join us on social networks According to a Dec. 4 post by Salvadoran President Nayib Bukele, the country’s cumulative Bitcoin (BTC) investments currently amount to $131 million with a net profit of $3.6 million, for a total gain of 2.84%. “Of …

Envision partners with HBAR and UN on new digitization platform for carbon markets

Envision Blockchain and the HBAR Foundation have teamed up with the UN to create a new suite of decentralized tech to streamline the complex carbon markets. News Join us on social networks The 2023 United Nations Climate Change Conference, also known as COP28, saw several new initiatives aimed at innovating the fight against climate change …

BTC price levels to watch as Bitcoin whales ‘lure’ market to $42K

Bitcoin analysis is getting more and more suspicious of the “up only” BTC price action in recent days. Markets News Join us on social networks Bitcoin (BTC) faces sharp volatility as the new week begins with BTC price action focusing on $42,000 — can it endure? The largest cryptocurrency, fresh from weekend gains that topped …

Crypto All Set for Renewed Economic Expansion As Biggest TradFi Firms Eye Industry With Envy: Raoul Pal

Macro guru Raoul Pal says that crypto assets are set for a new bull market as traditional finance firms begin to move into the nascent sector. In a new thread, the former Goldman Sachs executive tells his one million followers on the social media platform X that the crypto sphere is set for a massive …

Brazil’s largest bank Itau Unibanco launches Bitcoin trading — Report

Brazilian bank Itau Unibanco has reportedly launched a cryptocurrency trading service for its clients as part of its investment platform. News Join us on social networks Brazilian bank Itau Unibanco has launched a cryptocurrency trading service for its clients as part of its investment platform, Reuters reported on Dec. 4. Itau, the largest bank by …

Trezor launches education initiative in Africa, funds Bitcoineta trip

Trezor has officially launched its educational program in Africa in addition to funding the local Bitcoin awareness campaign, Bitcoineta, and the Africa Bitcoin Conference. News Join us on social networks The hardware cryptocurrency wallet firm Trezor has continued its efforts to promote Bitcoin (BTC) education globally by launching a new educational initiative in Africa. The Trezor …

Platypus hacker walks free with $8.5M after claiming to be ‘ethical hacker’

While hackers Mohammed M. and his brother were cleared of all criminal charges, 7.8 million euros worth of crypto tokens became inaccessible after getting stuck in a wallet. News Join us on social networks Two brothers, responsible for the theft of $8.5 million from decentralized finance (DeFi) protocol Platypus, were allowed to walk free with …

Mantle Rolls Out Non-Custodial Liquid ETH Staking to Disrupt Status Quo

Decentralized autonomous organization (DAO) Mantle has released a permissionless liquid staking protocol on Ethereum mainnet. The launch aims to expand liquid staking solutions beyond concentrated providers like Lido and Rocket Pool which currently dominate ether stakes. Keypoints Mantle has launched a non-custodial liquid staking protocol on the Ethereum mainnet The protocol allows users to stake …

Ethereum ETH Price Skyrockets Past $2,200, Next Stop $3500?

Ethereum has exploded through critical resistance levels in recent days, surging over 9% in the last week to peak above $2,250. The powerful rally comes as on-chain data reveals a frenzy of accumulation between $1,900-$2,100, leading analysts to believe this zone will now become the support floor for Ethereum’s next leg up. Keypoints Ethereum price …

Bitcoin hash rate sets new records ahead of difficulty adjustment

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Coinbase CEO Brian Armstrong advocates for Bitcoin as ‘check and balance’ to the US financial system

Coinbase CEO Brian Armstrong recently discussed Bitcoin’s (BTC) potential role in advancing Western civilization through currency innovation in a Nov. 4 post on social media platform X (formerly Twitter). Armstrong highlighted Bitcoin’s capacity to combat inflation, a prevalent issue linked to traditional fiat currencies. He emphasized that the prevailing trend allows countries with reserve currency …

Over $200 million liquidated in crypto market as shorts takes the hit

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 …

Bitcoin vaults into global top ten assets, surpassing Berkshire Hathaway and Tesla

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 …

Swiss banks issue first digital bonds using real CHF wholesale wCBDC on regulated DLT platform

Swiss banks, Cantons of Basel-City, and Zurich have successfully issued digital bonds using real CHF wholesale central bank digital currency (wCBDC) on SIX Digital Exchange (SDX). This marks the first-ever issuance of this kind, leveraging the Swiss National Bank’s (SNB) wCBDC. The digital bonds issued by Basel-City (ISIN: CH1265890678) and Zurich (ISIN: CH1306117073) represent a …

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