The CEO of Pudgy Penguins — a nonfungible token project that recently launched a line of “phygitals” on Amazon despite the bear market — has offered one piece of sage advice to budding projects: Stop ...
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EU Opens Crypto Money Laundering Consultation
The European Banking Authority (EBA) is seeking public input on proposed amendments to its anti-crypto money laundering guidelines, focusing on including crypto-asset service providers (CASPs). EBA ha...
Gate.io denies liquidity problems after Multichain CEO goes missing
Centralized crypto exchange Gate.io denied rumors of illiquidity on May 31, stating that “there are no issues with our operations or withdrawals as rumored.” The statement comes after numerous Twitter...
SBF wants to subpoena documents from old FTX/Alameda law firm to use in his defense
Sam Bankman-Fried (SBF) is seeking to subpoena documents from Fenwick & West. That’s the law firm that served as the outside counsel to FTX, Alameda Research and SBF personally from “early in thei...
Microsoft’s CSO says AI will help humans flourish, cosigns doomsday letter anyway
Microsoft’s chief scientific officer, Eric Horvitz, believes artificial intelligence (AI) will allow future humans to flourish, but he’s apparently hedging his bets. Horvitz published a post entitled...
Unprecedented XRP Activity Could Signal Unique Price Behaviour: Santiment
Alex Dovbnya XRP, the token associated with blockchain behemoth Ripple, has recently been basking in the limelight as the most trending asset in the cryptocurrency landscape XRP, the cryptocurrency as...
Pepecoin (PEPE) price action points to a potential 70% drop
Pepecoin’s price has dropped by more than 70% three weeks after establishing its record high of $0.00000449. And the memecoin could fall even more in the coming days, according to a mix of technical a...
New Projects, Transaction Count Increase, Tech Upgrades
Vladislav Sopov Here’s what happened in Cardano (ADA) ecosystem in last 30 days Contents 14 new dApps, 67.2 million transactions, Marlowe mainnet: May 2023 in Cardano (ADA) Project Catalyst Fund...
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...