The agency is reportedly considering how public blockchains could reduce government costs. Elon Musk’s Department of Government Efficiency (DOGE) could make use of blockchain technology, according to a Jan. 25 report from Bloomberg. Musk has reportedly spoken to allies about using blockchain to reduce government costs. The organization could specifically use the tech to track …
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The Sui blockchain is making strides in improving accessibility by enabling transactions through SMS. On Jan. 27, Mysten Labs Co-Founder and Chief Cryptographer Kostas Kryptos Chalkias shared a demo showcasing how SMS-based transactions function on the SUI network. Mysten Labs is the developer behind the Sui Layer 1 blockchain network. Adeniyi Abiodun, another Mysten Labs …
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Jesse Powell, co-founder of Kraken exchange, has publicly supported Bitcoin Cash advocate Roger Ver, who is currently battling tax-related charges from the US Department of Justice (DOJ). In a Jan. 27 post on X, Powell questioned the integrity of the evidence presented by the Internal Revenue Service (IRS) and highlighted potential flaws in the case. …
Cboe has filed an amended application with the US Securities and Exchange Commission (SEC) to adjust the operational rules for Ark21 Shares Bitcoin ETF (ARKB) and 21Shares Core Ethereum (CETH) exchange-traded funds (ETFs). According to the Jan. 27 filing, the US equities market operator has proposed introducing in-kind creations and redemptions for these funds. It …
According to a news flash from Reuters, authorities in France have opened a probe into allegations involving Binance. Officials are reviewing money laundering, tax fraud, and drug trafficking to determine whether the platform facilitated transactions tied to criminal networks and offered services before securing required registrations. France is a key territory for Binance within Europe, …
Japanese Bitcoin investment firm Metaplanet has revealed plans to raise 116 billion yen ($745 million) through the issuance of 21 million shares, according to a Jan. 28 statement. According to the firm, the significant capital raise would be used to bolster the company’s Bitcoin holdings. Dylan LeClair, the firm’s director of Bitcoin strategy, emphasized the …
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What is CryptoSlate Alpha? CryptoSlate Alpha requires a one-time purchase of our membership NFT using SOL, the native token of Solana. Connecting your Solana wallet is required to complete the purchase. Learn more › Connected to Alpha Welcome! 👋 You are connected to CryptoSlate Alpha. To manage your wallet connection, click the button below. Disclaimer: …
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Hive Digital Technologies Ltd. announced the acquisition of Bitfarms’ 200 MW hydro-powered Bitcoin mining facility in Yguazú, Paraguay, aiming to increase its global mining capacity to 25 exahash per second (EH/s) by September 2025. Hive Digital Expands to 430 MW Global Capacity with Paraguay Hydro-Powered Site The $56 million deal includes a 240 MVA substation, …
Securitize, an asset tokenization platform, has launched a blockchain interoperability solution with Wormhole to enable cross-network transfers for institutional tokenized funds. Tokenization Platform Securitize Deploys Wormhole for Multichain Fund Management The integration allows funds tokenized on Securitize’s platform to move seamlessly across Arbitrum, Avalanche, Ethereum, Optimism’s OP Mainnet, and Polygon. Securitize states that Wormhole, which …
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Solaxy (SOLX), Solana’s first Layer-2 scaling solution, has now raised over $15 million in its presale phase. Borrowing from Ethereum’s successful scaling strategies, Solaxy aims to process transactions off-chain, managing the congestion that has hampered Solana’s performance. And investors are hyped about what this might mean for Solana-based trading in the future. How Solaxy’s Layer-2 …
The strategic bitcoin roadmap by Metaplanet for 2025 and 2026 will see the company establish itself as one of the largest bitcoin owners globally. Metaplanet Doubles Down on its Bitcoin Position Metaplanet, fondly known as Asia’s MicroStrategy, has announced that it will raise approximately $745 million (¥116 billion) for more bitcoin purchases by issuing 21 …
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As U.S. and European equities faltered on Monday amid a surge of interest in the artificial intelligence (AI) platform Deepseek, publicly traded bitcoin mining companies faced significant setbacks during the market downturn. Bitcoin Mining Stocks Suffer Heavy Losses A total of 32 publicly traded mining firms endured sharp declines yesterday, largely attributed to the market …
Soneium, a blockchain network established by companies of the Sony Group, has recently reached a milestone regarding its transaction count. The project registered almost 500K daily transactions only 2 weeks from its mainnet launch, signaling a high activity growth. Furthermore, this number was achieved with only 207K active addresses on the network, highlighting a high …
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Belarus is preparing to launch its own official cryptocurrency. President Alexander Lukashenko recently disclosed this development to journalists, adding that Belarus has a surplus of electricity. Belarus Preparing to Issue a National Cryptocurrency, President Lukashenko States More countries are preparing to issue cryptocurrencies, as digital assets are gaining traction in international markets. Belarus is currently …
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Bitcoin Cash (BCH) pioneer and early crypto adopter Roger Ver is pleading with President Donald Trump for a pardon. Ver posted a video on the social media platform X claiming to be the victim of “lawfare.” “As I’m filming this, this might be my very final moments of freedom. By later tonight in Spain I …
