Crypto.com Expands Into South Korean Crypto Market

Cryptocurrency trading platform Crypto.com is entering the South Korean crypto market with its app launch. “We spent significant time and resources tailoring our offering for this market and are honored to be the first and largest global cryptocurrency exchange to launch in South Korea,” said an executive of the crypto firm. ‘The First Product We …

Polygon CEO: L3s Might Represent a Threat to Ethereum’s Security

Marc Boiron, CEO of Polygon, an Ethereum-compatible sidechain scaling solution, gave his take on the rise of Layer 3 (L3) scaling structures in the Ethereum ecosystem. According to Boiron, L3s only take value away from Ethereum’s chain and concentrate it in their corresponding base L2, creating a security risk for the network. Polygon CEO Criticizes …

Crypto Organizations Rally for Bitcoin Emoji, Seek 50,000 Signatures to Convince Unicode 

Over 35 cryptocurrency entities, spearheaded by Nexo, have initiated a campaign to introduce a bitcoin emoji, uniting more than 170 million community members in the process. Campaign for Official Bitcoin Emoji Gains Momentum In a push for digital culture recognition, Nexo, alongside more than 35 cryptocurrency organizations, has launched a campaign aimed at securing a …

US Government Transfers Nearly $2B in Bitcoin to Coinbase, Arkham Data Reveals

On April 2, 2024, the U.S. government executed a transaction involving nearly $2 billion in bitcoin (BTC), channeling the assets to Coinbase Prime, as Arkham Intelligence’s data reveals. The transfer comprised 30,174.70 BTC, successfully processed at block height 837,413, incurring a fee of $1.57. In recent years, the U.S. has accumulated a noteworthy collection of …

How to Use Seasonal Tokens to Get Bitcoins

Like Bitcoin, the four Seasonal Tokens – Spring, Summer, Autumn and Winter – are produced by proof-of-work mining, and become scarcer over time. Once every nine months, the rate of production of one of the tokens is cut in half. The token that was produced at the fastest rate becomes the slowest. As the market …

Here Are Realistic Price Targets for Bitcoin (BTC) and Ethereum (ETH) for Bull Market Top: Crypto Analyst

A popular crypto analyst is unveiling his Ethereum (ETH) and Bitcoin (BTC) peak price predictions for the current bull market cycle. The pseudonymous analyst known as Credible tells his 384,800 followers on the social media platform X that Ethereum will surge past $10,000 at “minimum,” but notes that ETH can realistically rally to as high …

Injection of New Capital Supporting Bitcoin As Long-Term Holders Distribute to Newcomers, According to Glassnode

Longer-term Bitcoin (BTC) holders have begun trading their coins off to new investors entering the market, according to on-chain analytics firm Glassnode. In a new report, Glassnode says that Bitcoin’s recent move into price discovery above new all-time highs has enticed holders who were far in profit to distribute to a newer investor cohort. The …

Firm Behind Crypto Project Founded by Former Coinbase Executives Hits $1,000,000,000 Valuation: Report

Merkle Manufactory, a Los Angeles-based software company behind the Farcaster decentralized social networking protocol, is reportedly nearing the conclusion of a funding round with a $1 billion valuation. Bloomberg, citing “people with knowledge of the matter,” reported the billion-dollar valuation and noted that the crypto investment firm Paradigm is leading the round. Merkle is behind …

Institutional Sentiment Mounts Recovery With $862,000,000 in Weekly Inflows: CoinShares

Digital assets manager CoinShares says institutions resumed investing in crypto products last week after a brief break. In its latest Digital Asset Fund Flows report, CoinShares says digital asset investment products brought in $862 million in inflows last week, nearly erasing the prior week’s $931 million outflows. “While this recovery is encouraging, ETF (exchange-traded fund) activity …

Tron Foundation Files Motion To Have SEC Lawsuit Dismissed, Says Agency ‘Not a Worldwide Regulator’

Tron Foundation and other firms associated with Tron (TRX) founder Justin Sun are asking a judge to dismiss the lawsuit lodged against them by the U.S. Securities and Exchange Commission (SEC). In a motion filed late last month, lawyers for Tron say that the SEC is going beyond its jurisdiction when it moved to regulate …

US government moves 30,175 Bitcoin confiscated from Silk Road to Coinbase

The US government transferred 30,175 Bitcoin (BTC), approximately worth $2 billion, to a wallet linked to crypto exchange Coinbase on April 2. The move occurred amid a major dip in Bitcoin that took its price to a weekly low of $64,500 per BTC before bouncing above the key $65,000 support level. On-chain sleuth ZachXBT drew …

Bitcoin surpasses tipping point – Hyper-Bitcoinization and the future of financial sovereignty

On the latest episode of the SlateCast, CryptoSlate welcomed Samson Mow, CEO and founder of Jan3, a pioneer in nation-state Bitcoin adoption. Mow, the man behind Aqua Bitcoin and the architect of the innovative Bitcoin bonds, joined Senior Editor Liam “Akiba” Wright and CryptoSlate CEO Nate Whitehill to discuss his vision of hyper-Bitcoinization. In this …

Aave considers dropping DAI as collateral over contagion concerns from MakerDAO’s USDe move

What is CryptoSlate Alpha? A web3 membership designed to empower you with cutting-edge insights and knowledge, powered by Access Protocol. Learn more › Connected to Alpha Welcome! 👋 You are connected to CryptoSlate Alpha. To manage your wallet connection, click the button below. Important: You must lock a minimum of 20,000 ACS If you don’t …

CoinList’s spring 2024 batch shines a spotlight on next-gen crypto projects

CoinList, a leading Web3 launchpad platform, has selected ten promising crypto projects for its 2024 spring batch Seed projects, according to an April 2 statement shared with CryptoSlate. The projects were selected from over 350 applicants vying for inclusion in the Seed list with notable alumni like Injective Protocol, Biconomy, Mystiko, and Rabbithole. According to …

Polygon spin-off Avail partners with dWallet to bring programmable Bitcoin to Web3 rollups

Avail, a modular blockchain focused on unifying Web3 and optimizing data availability for scalable applications, has partnered with dWallet Network to introduce programmable native Bitcoin to rollups in the Avail ecosystem. Polygon co-founder Anurag Arjun spun off Avail from Polygon in 2023 into a separate entity. Avail was initiated within Polygon Labs in late 2020 …

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