A rival of blockchain oracle provider Chainlink (LINK) is announcing a new airdrop for over 160 decentralized applications (Dapps). In a new blog post, data aggregating service Pyth Network (PYTH) says that it is launching the second phase of its Retrospective Airdrop plan, which gives all Dapps using data provided by Pyth free tokens. “Readers …
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Binance will pay up to $5 million to anyone who can unearth corruption in the exchange’s crypto asset listing process, according to the company’s co-founder. On Monday, the top global crypto exchange announced it would list Ronin (RON), a gaming-focused Ethereum (ETH) sidechain. The asset, however, had already surged 100% in price over the past …
Celsius has begun to pay former customers. The firm will also establish a crypto mining firm as it winds down operations. Celsius, a cryptocurrency lending platform, said on Jan. 31 that it has exited bankruptcy and has begun to repay creditors affected by its failure. The company said that it has “successfully emerged from bankruptcy” …
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Australian Bitcoin mining company Iris Energy has outlined ambitious plans to ramp up its hash rate to 20 exahashes per second (EH/s) by the latter part of this year, as detailed in a Feb. 7 update. To achieve this significant milestone, Iris agreed with Bitmain to secure 10 EH/s of new T21 miners at a …
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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 …
The Financial Services Commission of South Korea has announced that the implementation date of its Virtual Asset User Protection Law is July 19, 2024. Last year, the law was established to safeguard users in the digital asset market and instill a regulated environment. This legislation embodies provisions aimed at curtailing unfair trading practices and enforcing …
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 “Ripple requests deadline extension, citing voluminous SEC document demands”
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 hash rate soars to record heights”
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Continue reading “Salty.IO – Revolutionizing DeFi with Automatic Atomic Arbitrage”
A mysterious crypto whale or institution appears to have been gobbling up massive amounts of the native asset for the decentralized oracle network Chainlink (LINK), according to the blockchain tracker Lookonchain. Lookonchain notes that a total of 47 fresh wallets withdrew 2,237,504 LINK worth $42.38 million from top crypto exchange Binance over a two-day period. …
A leading crypto analytics firm says that the number of wallets holding Dogecoin (DOGE) is increasing like never before. Santiment says on the social media platform X that the count of wallets holding DOGE is soaring at the fastest rate in the history of the dog-themed memecoin. “Dogecoin’s value is -23% since its top on …
Investor Steve Eisman, who took short positions against the housing market leading up to the 2008 crisis, believes that it would be ill-advised for the Fed to start cutting interest rates. In a new CNBC interview, Eisman says the US economy looks solid on the back of healthy consumer spending. According to the “Big Short” …
Open-source software funding platform Gitcoin will be doubling down on grants this year as it seeks to reach $1 billion in funds distributed. The period that Gitcoin has called “the end game”, comparing it to the last phase in every chess game, will see the project become all about “explosive growth”. The approach is intended …
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Continue reading “BlackRock Bitcoin ETF’s growth cools off with its smallest net inflow to date”
The decentralized finance (DeFi) ecosystem has hit a significant milestone as the total value of assets locked (TVL) surpassed $60 billion, marking a return to levels last seen in August 2022. According to data from DeFiLlama, the sector surged by an impressive 68% to $60.72 billion from November 2023, when the TVL stood at around …
