The crypto market has been consolidating for the past few weeks. Most investors already liquidated their cryptos and moved into stablecoins. No wonder why the list of the top 10 cryptocurrencies by ma...
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Vulture Peak Launchpad Joins Forces With Asva Ventures
The news about the partnership between Vulture Peak and Asva Ventures surfaced on June 7 via Twitter. The teams have formed a strategic partnership with the hope of bringing the necessary resources fo...
Hong Kong classifies NFTs as financial asset, mandates licensing
? Want to work with us? CryptoSlate is hiring for a handful of positions! Hong Kong’s Securities and Futures Commission (SFC) recently published an advisory paper that recognized NFTs as “collective i...
Binance Faces SEC Scrutiny Over 2017 BNB Coin Offering
Key Takeaways Binance is facing an investigation from the SEC over whether the firm’s initial coin offering amounted to the sale of a security. Since the SEC investigation news broke yesterday, ...
Skirting Russian Black Sea Blockade To Feed The World’s Hungriest Is Mission Of Yemen’s Biggest Company
Yemen’s civil war has killed hundreds of thousands and left many of the survivors without enough to eat. Now, Russia’s blockade of Ukraine’s food exports has made it even harder for the world’s hungri...
SEC to Investigate if Binance IPO Broke Securities Laws
The United States Securities and Exchange Commission (SEC) is investigating whether Binance violated securities laws with its initial coin offering (ICO) in 2017. Sources told Bloomberg that the SEC ...
End Of Evaluations Overflow Era? A Unique Method For Investors To Determine Startup Value
The relatively new generation of entrepreneurs has probably only known the “easy money” era, a time that has also made investors more competitive, less meticulous in their decision-making ...
Bitcoin gains when US markets are closed
Jake Gordon of Bespoke Investment Group made a very curious discovery: almost all of the gains made by trading Bitcoin during the pandemic occurred while the US markets were closed. Gains of over 200...
Terra Classic holders increase 500% in a month as investors bet on LUNC recovery
Following the failure of Terra (LUNA) and its subsequent relaunch as LUNA 2.0, the platform’s original chain, which is currently operating under the name Terra Classic (LUNC), is garnering an incredib...
SEC might label NFTs as Securities: Opensea Insider Trading Impact
SEC might label NFTs as securities, a Former SEC lawyer has said. After the first-ever NFT insider trading case saw the former employee of Opensea being charged on two counts, regulatory walls have st...
JPY takes another hit: here’s what to expect next
After a correction that took three weeks, the Japanese yen is taking another hit. The USD/JPY move above 132 marks a 20-year low for the yen, and the bias remains bearish. Those looking for a reversal...
Bitcoin Price To Reclaim This Level Soon, Predicts Analyst
A crypto expert who correctly predicted Bitcoin’s crash in May 2021 is now forecasting a rally that might push Bitcoin price back to its long-term diagonal barrier. Dave the Wave, a pseudonymous analy...
Musk’s ‘Buyer’s Remorse’ Won’t Get Him Out of Twitter Deal
(Bloomberg) — Elon Musk formally and forcefully revived his assertion that Twitter Inc. has a serious bot problem, and threatened to walk away from his deal to buy the company if the social netw...
Nigeria Takes the Highest Bitcoin Optimism Levels at 60%, Survey Reads
Since knowledge feeds optimism and participation, Nigeria emerged as the top nation with the highest rates of optimism about Bitcoin’s future at 60%, according to a study by Jack Dorsey-owned Block, I...
Singapore’s Cake DeFi Pays Record US$317 Million in Rewards to Customers
Singapore, Singapore, 7th June, 2022, Chainwire Cake DeFi, the fastest-growing Singapore-based Decentralized Finance (DeFi) platform, celebrated its third anniversary today with a key milestone. The c...
New crypto bill unveiled – SEC to give way to the CFTC
A proposed bill was released to the public on Tuesday. It contains the most comprehensive legislation for crypto to date, and aims to regulate the market as a whole. The bill sponsored by Sen. Cynthis...
eCash Deposits And Withdrawals Are Now Available on KuCoin
KuCoin published an announcement on its official website to share the news that it has officially completed the network upgrade of XEC, adding that services about deposit and withdrawal of eCash were ...
On-Chain Volume on DEXs Surpasses its Centralized Counterparts: Chainalysis
Chainalysis’ latest report finds that decentralized exchanges (DEXs) have surpassed centralized exchanges (CEXs) in terms of on-chain transaction volume since January 2021. However, to maintain their ...
Ethereum Challenger Explodes Over 132% in Just One Week Amid Campaign To Support Its Algorithmic Stablecoin
One Ethereum (ETH) challenger is defying the greater crypto market downtrend and surging in price amid a campaign to shore up its algorithmic stablecoin. Decentralized applications platform Waves (WAV...
What Is Centralized Decentralized Finance (CeDeFi)?
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CoinLoan adds BNB coin in the first move towards integration
BNB (Binance coin), one of the top five most popular cryptocurrencies by market cap, is now being listed on the CoinLoan platform, enhancing the company’s offer to its clients. This is part of a bigge...
Fiji Hands U.S. Seized $300 Million Russian Superyacht Owned By Oligarch
Topline Fiji has handed the U.S. a $300 million superyacht Washington claims is tied to billionaire gold magnate Suleimon Kerimov, the country’s top prosecutor said on Tuesday, ending a protracted leg...
The Next Bitcoin Breakout? Nancy Pelosi Could Have The Answer
Are lawmakers good news for Bitcoin now? Maybe the ones who trade stocks. A new disclosure showed that the big outperformer of the market, Nancy Pelosi, made new big tech trades that sum up to around ...
Apple stock key levels to watch as developers conference gets underway
With the kickoff of its annual Worldwide Developers Conference (WWDC) on Monday, June 6, Apple (NASDAQ: AAPL) presented a little of something for everyone. Tim Cook, Apple’s CEO, opened the WWDC event...
Long-Awaited U.S. Crypto Bill Is Here, What Does It Mean?
A long-awaited bipartisan bill released on Tuesday lays out the groundwork for comprehensive crypto regulation in the United States. Drafted by Senators Cynthia Lummis and Kirsten Gillibrand, the Resp...
Top Crypto Mining Stocks for Q3 2022
The cryptocurrency industry is still young but growing rapidly. Cryptocurrencies are a relatively new form of digital currency, with Bitcoin being the most well-known example. Cryptocurrencies utilize...
Why Co-Founder and former CTO of Ripple, Jed McCaleb dumped his 70 million XRP tokens?
It was reported that the dumping of XRP tokens by Ripple CTO was being done for over two weeks. When it’s the initial time of an asset, you might want to hold it until people start seeing ...
New Study Shows 37% Of People Want Governments To Legalize Bitcoin
Given the growing interest in crypto adoption as a legal tender, it’s not shocking that many participants will wish to legalize bitcoin. The level of support for crypto was evident in a new survey con...
Astar Network Offers Support to Builders Via AWS Activate
Astar Network has introduced AWS Activate by Amazon Web Services to extend support to the startups registered for the incubation program. The integration has been organized to further the development,...