Busta Rhymes Talks Cryptocurrencies, Rappers Asks Fans if He Should ‘Buy In’

Trevor George Smith Jr., professionally as Busta Rhymes asked his 3.8 million followers on Twitter what they think about cryptocurrencies. Rhymes questioned if anyone was into crypto and how people were feeling about digital currencies at the moment. Busta Rhymes Asks If He Should Buy Crypto The American rapper, songwriter, record producer, and actor, Busta …

Could You Build a Better Way to Wiki? Free TON Launches Contest With Over $80,000 in Crypto

sponsored Free TON, a decentralized international community of developers and enthusiasts, have launched a brand-new contest to rework the Wikipedia Governance model, and there are thousands of dollars worth of rewards on offer. Freecyclopedia Wikipedia currently boasts over twenty-one million individual articles, and while many last minute homework reports may have been saved by the …

740 Bitcoin (BTC) transferred from dormant address after 9 years

Crypto trackers and alarmers Whale Alert noticed an old-school holder move 740 Bitcoin (BTC) two days ago after the coins sat dormant for over nine years.  According to a cryptocurrency blockchain explorer service Blockchain.com, the whale’s address transacted 38 times, receiving a total of 793.64 Bitcoin and its current, post-dump value with roughly 52 Bitcoin …

Data shows Polygon (MATIC) has reversed PancakeSwap’s (CAKE) rise

Data from market data analysis tool Messari shows that Uniswap is winning the decentralized exchanges (DEXes) battle against PancakeSwap. Earlier this year, PancakeSwap briefly became the number one DEX by volume. But thanks to Polygon and its lower gas fee structure compared to layer 1 Ethereum, Uniswap has seen off the challenge. PancakeSwap unable to …

France Proposes EU-Wide Cryptocurrency Regulation

France has proposed giving more power to the Paris-based European Securities and Markets Authority (ESMA) and making it responsible for cryptocurrency oversight. French regulators say cryptocurrencies need EU-wide regulation. EU-Wide Crypto Regulation With ESMA as Main Supervisor France proposed Tuesday that the EU governments give the responsibility of regulating cryptocurrencies to the pan-European markets watchdog, …

Visa to Approve Cryptocurrency Card by Australian Startup

Visa is reportedly set to approve Australian crypto startup Cryptospend’s issuance of debit cards for spending bitcoin and several other cryptocurrencies. “We have a lot of demand for the card,” the company claims. Global card giant Visa is expected to announce later this week the approval of the issuance of a physical debit card that …

Bank of America: Bitcoin Now 3rd Most Crowded Trade After Tech Stocks and ESG in New Fund Manager Survey

Bank of America’s latest global fund manager survey shows that “long bitcoin” is now the third most crowded trade. The most crowded trade is now “long tech stocks,” followed by “long ESG.” Bank of America’s global fund manager survey for July, published Tuesday, shows that “long bitcoin” has fallen to third place among the most …

SEC Charges Token Listing Website With Unlawfully Touting Crypto Securities

The U.S. Securities and Exchange Commission (SEC) has charged a token listing website with unlawfully touting crypto securities. The site did not disclose that it was paid by the token issuers to profile their coin offerings. SEC Charges Website Touting Security Tokens Without Clarifying Which Tokens Are Securities The U.S. SEC announced Wednesday that a …

Cardano (ADA) retains its spot as the most ‘staked’ crypto

Data from proof-of-stake research platform Staking Rewards shows Cardano is the most staked chain, by value, in the cryptocurrency space. The Cardano network currently hosts $29.7 billion of ADA staked. While the next nearest token, Ethereum, comes in at a significantly lower $12.3 billion. @StakingRewards on Twitter.com However, staked value is a somewhat one-dimension metric …

DeFi, leverage trading, and Bitcoin ‘to $1 million’ with CryptoJack

This week’s CryptoNites episode saw host Alex Fazel catch up with crypto trader, investor, and popular YouTuber Jack Skipp to discuss all things Bitcoin, trading, and price predictions for 2021.  Skipp, who goes by ‘CryptoJack’ and is followed by over 118,000 followers on YouTube alone, started his crypto career over three years ago after formally …

Internet Company The9 Reveals Hosting Partnership With Russian Bitcoin Miner Bitriver

During the first week of April, the publicly-listed gaming and internet company The9 Limited revealed its intentions to purchase 2,000 Avalonminers from the manufacturer Canaan. On Monday, The9 announced it has signed a hosting agreement with the Russian-based firm Bitriver as the company will leverage 15 megawatts (MW) of Bitriver’s capacity for two years. The9 …

Exchange Providers Halt BSV Services as Mining Pool Captures 78% of BSV Network Hashrate

The cryptocurrency community has been discussing the Bitcoinsv network as a mining pool called Taal has well over 51% of the hashrate. Data from the analytical crypto website Coin Dance shows the mining pool Taal commands over 78% of the network’s hashrate during the last 24 hours. On Tuesday, the European cold storage provider, Gravity, …

Greenidge Joins Foundry USA, Deal Gives Bitcoin’s Fifth-Largest Pool 800 Petahash

Greenidge Generation Holdings Inc., the mining firm based in Upstate New York, has announced the company has partnered with the Digital Currency Group mining and staking subsidiary Foundry Digital LLC. Furthermore, Greenidge revealed that it has purchased 2,300 Microbt-manufactured Whatsminer M30S mining rigs and also secured financing for 6,000 Bitmain-made Antminer S19 devices. Greenidge Partners …

Talking ‘Covalent’ and crypto with 13-year-old DeFi developer Gajesh Naik [INTERVIEW]

CryptoSlate recently had the chance to chat with Ganesh Swami, the CEO of Covalent, a venture-funded blockchain data analytics company, and 13-year-old Gajesh Naik,  a crypto and web3 developer who shot to fame after building several DeFi tools and protocols. Gajesh is the founder of PolyGaj which currently holds $2 million in TVL. He’s joining …

China’s Anhui province begins its clampdown on Bitcoin (BTC) mining

Eastern China’s Anhui province became the latest regional county to ban Bitcoin mining in the country, weeks after the government unleashed a harsh plan to stamp out the activity in the nation, reported news outlet Reuters this morning. Anhui stamps out crypto mines Anhui, known among tourists for its low-hanging clouds, distinctive granite rocks, and …

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