Sen. Elizabeth Warren points to crypto payments as facilitating fentanyl trade in China

Massachusetts Sen. Elizabeth Warren has suggested a link between cryptocurrency payments and companies based in China that provided precursors for the opioid fentanyl. In a May 31 hearing of the Unite...

EU Takes Major Step in Crypto Regulation with MiCA Legislation

Alex Dovbnya The European Union (EU) made a significant stride in cryptocurrency regulation today by officially enacting the Markets in Crypto-Assets (MiCA) legislation In a significant move towards c...

Multichain team cannot locate CEO, halts service for affected chains

Cross-chain protocol Multichain revealed on May 31 that its team has been unable to contact its CEO, Zhaojun, fueling rumors that the protocol’s leadership may have been arrested in China amid ongoing...

BTC, ETH, XRP, BNB and ADA Price Analysis for May 31

Most of the coins are back in the red zone, according to the CoinMarketCap ranking. Top coins by CoinMarketCap BTC/USD The rate of Bitcoin (BTC) has fallen by 2.13% over the last 24 hours. Image by Tr...

Shutdown Crypto-Funded Fentanyl Trade: US Senator Elizabeth Warren | Coingape

Crypto News: U.S. Senator Elizabeth Warren on Wednesday raised a concerning issue related to cryptocurrencies during a recent Senate hearing. She suggested a connection between crypto payments in the ...

Tether expands reach in Georgia through investment in CityPay​.io

​​Stablecoin issuer Tether announced on May 31 that it is expanding its presence in the Republic of Georgia through a strategic investment in CityPay.io, a payment processing company that operates acr...

Bitcoin Investor Roger Ver Thinks Ethereum Will Gain Crypto Clout 

Since its inception in 2009, the Bitcoin crypto asset has amassed millions of users and billions of dollars in contingency. However, with the development of blockchain technology and the evolution of ...

XRP to $1? Top Trader Speculates

Alex Dovbnya Prominent trader DonAlt sparks speculation about potential for XRP to hit $1 mark — level unseen since November 2021 Digital currency XRP could be heading toward $1, a level it has not se...

Jimbos Protocol turns to law enforcement after hacker ignores $800K bounty

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 man...

EU officials sign Markets in Crypto-Assets framework into law

Officials with the European Union have signed the Markets in Crypto-Assets, or MiCA, bill into law following final approval from finance ministers. On May 31, Sweden’s minister for rural affairs, Pete...

Cardano Meme Coin SNEK Gets Listed on New Exchange

Cardano’s meme coin SNEK has scored a new exchange listing. CoinEx, a centralized cryptocurrency exchange established in 2017, has announced the SNEK listing. The crypto exchange says it will su...

Changpeng Zhao Denies Rumors Of Laying 20% Of Binance Employees

Key Points: Binance CEO Changpeng Zhao addressed the matter and rejected the accusations of layoffs. CZ stressed the importance of talent and profitability to the firm. He also stressed his commitment...

Binance CZ Calls Layoffs Rumors “Another FUD”

Binance News: Changpeng Zhao, CEO of Binance opened up on the reports of layoffs in the crypto exchange. CZ addressed the rumor of layoffs as another day, another FUD and labeled it with the “4”. Also...

Fantom starts paying developers to generate gas fees

A new program from the Fantom Opera network team will pay developers for the gas fees they generate from users, according to a May 31 announcement. Specifically, the “Gas Monetization Program” will pa...

Shibarium Mainnet Approximate Launch Date Named, Here’s What Will Happen Before It

Yuri Molchan Major member of SHIB team has revealed details of upcoming Shibarium mainnet launch Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purp...

Cowen Shuts Down Crypto Digital Asset Unit Amid Industry Cuts In 2023

Key Points: On May 31, Cowen, an investment bank, announced the closing of its digital asset section. The digital asset unit was established in March 2022 in order to attract institutional customers. ...

‘That ‘70s Show’ Star Danny Masterson Convicted Of Rape

Topline Former television star Danny Masterson was convicted Wednesday on two counts of forcible rape, according to multiple reports, following a high-profile trial stemming from allegations he sexual...

Countering China’s Economic Threat to Protect National Security

U.S.-China relations demand a change in approach to benefit working families. The legislation aims to counter China’s economic aggression and protect national security. The U.S. must prioritize techno...

Tim Scott Is Latest Presidential Candidate Against Debt Ceiling Bill

Topline Sen. Tim Scott (R-S.C) said he would vote against the debt ceiling bill President Joe Biden and House Speaker Kevin McCarthy (R-Calif.) unveiled earlier this week—making him the latest GOP pre...

Elizabeth Warren highlights crypto’s role in fentanyl trade; plans to combat with bill

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 man...

Multichain Suspends Services, Fails To Contact CEO

Crypto News: Multichain, a cross-chain router protocol (CRP), has been experiencing what seems to be an endless stream of technical difficulties, with the team currently unable to contact its CEO amid...

Did The US SEC Just Endorse Ethereum After This Settlement?

On May 30, the United States Securities and Exchange Commission (SEC) announced that Ishan Wahi, the former Coinbase product manager, and his brother, Nikhil Wahi, had agreed to settle charges brought...

NFT collections take massive price hit in 2023: Nifty Newsletter, May 24–30

In this week’s newsletter, read about some of the most popular nonfungible token (NFT) collections and top metaverse properties taking massive price hits in 2023. Check out how the Hong Kong Police Fo...

EOS EVM v0.5.0 Release Goes Live in Mainnet: Details

Vladislav Sopov EOS EVM, seamless realization of Ethereum Virtual Machine (EVM) into EOS smart contracts, inches closer to first software update Contents EOS EVM v0.5.0 kicks off in mainnet: What chan...

European CBDC Has a Huge Scope in Payment Landscape, Says ECB 

1 The central bank’s recent tests reveal that their Digital Euro has a lot of potential. 2 There is sufficient scope for the integration of new features and technologies. The European Central Bank (EC...

Elizabeth Warren Wants To Stop Crypto-Funded Fentanyl

Key Points: Senator Elizabeth Warren of the United States has called for a stop to crypto-funded fentanyl manufacture. Moreover, a Treasury official said that Chinese drug manufacturing finds cryptocu...

Blackrock CEO’s ‘Dollar’ Warning: Bullish For Bitcoin

Crypto Market News: As the US lawmakers look to vote on the much anticipated bill to lift the $31.4 trillion debt ceiling, the United States’ overall macroeconomic scenario continues to look unstable,...

QORPO Game Studio joins Cointelegraph Accelerator

The Web3 gaming world saw consistent growth and exciting developments in the first quarter of 2023, according to a DappRadar report. Traditional Web2 gaming companies started to notice blockchain tech...

Multichain Admits Lost Contact With CEO

Key Points: Cross-chain project Multichain announced that it still does not know the situation of CEO Zhaojun, who has been rumored to be arrested by Chinese authorities. The project will still not be...

XRP, Litecoin, Tradecurve emerging as top performing cryptos in May

New XRP (XRP) vs. SEC case updates indicate a growing probability that XRP (XRP) will win. The SEC opened the case in late 2020, alleging that XRP (XRP) had performed an unregistered security offering...

Is $ADA Price Ready to Reclaim $0.4 Mark?

Published 4 hours ago Cardano Price Analysis: Today, the crypto market experienced increased selling pressure, leading to a downward trend in several major cryptocurrencies. As a result, the Cardano p...

Price analysis 5/31: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, SOL, DOT, LTC

Bitcoin and most major altcoins are struggling to hold on to their higher levels, indicating that the bears have not given up yet. After rising for four successive months, Bitcoin is on track to end M...