Godfrey Benjamin Shiba Inu burn rate slipped by 100% as price also plunges, here’s how community concerns can be allayed Contents Outlook and price impact Where should allegiance lie The outlook...
Category: Tech
Live Tech News Updates.
Bybit Announces Exit from Canada Following Recent Regulatory Development
The Bybit exit from Canada the increasingly stringent crypto regulations enacted by Canada’s securities regulator. Bybit recently announced its exit from Canada due to recent regulatory developments i...
Liquidation Blocks Crucial to DeFi Risk Evaluation: Intelligence Firm
IntoTheBlock emphasizes the importance of liquidation blocks in evaluating DeFi risk. The firm warns of potential collateral shortfalls if overlooked. Over 39,000 traders liquidated in the last 24 hou...
Western inflation re-accelerates in 2023
Quick Take Many Western countries are beginning to see a re-acceleration of inflation as negative real rates (meaning that interest rates are lower than the rate of inflation) continue. Last week, the...
Binance plans to let traders hold collateral in banks
Binance to allow its institutional customers to keep trading collateral at banks. Swiss-based FlowBank and Liechtenstein- based Bank Frick have reportedly been contacted for this service. Binance is ...
Polygon (MATIC) Taps Deutsche Telekom Partnership
Leading Ethereum (ETH) Layer-2 scaling platform Polygon (MATIC) is ending May with a partnership with telecommunication giant Deutsche Telekom. Per the terms of the partnership, Deutsche Telekom has ...
Nvidia Nears $1 Trillion Market Cap Amidst AI Tech Surge
In a remarkable feat, computer chip manufacturer Nvidia briefly joined the elite league of trillion-dollar companies as the demand for artificial intelligence (AI) technology reached an unprecedented ...
Web3 Payments Startup Transak Raised $20 Million in Series A Funding
Transak said that the funds raised will go towards global expansion by building onboard solutions, financial applications, as well as Web3 games. Web3 crypto startups have been recently on the radar o...
What’s Stifling It From Entering A Bullish Market Phase?
Shiba Inu (SHIB), a popular cryptocurrency known for its vibrant online community and adorable dog-inspired branding, is currently facing a liquidity crisis. The situation has been persistent, with no...
Hop Protocol Proposes To Airdrop HOP Tokens To Thank 35 Hunter Addresses
Key Points: Shane Fontaine, the co-founder of the cross-chain bridge protocol Hop Protocol, launched a proposal to distribute HOP airdrops to hunter addresses, and Hop DAO is voting on this proposal. ...
Goldman Sachs to Run Another Round of Layoffs amid Wall Street Dealmaking Decrease
Goldman Sachs is not the only company to participate in the latest round of Wall Street layoffs. Such banking giants as Morgan Stanley and JPMorgan Chase are also reducing their headcount. Banking gia...
Binance Deliberates on Enabling Traders to Keep Collateral at Banks: Report
Binance is reportedly examining a proposal to offer its institutional clients the option to secure their collateral outside the crypto exchange in a bid to reduce counterparty risk. The move comes ami...
Top Cardano Developer Unveils Epic Future Plans: Here’s What to Expect
Gamza Khanzadaev Sebastien Guillemot reveals game-changing plans for Cardano and Milkomeda Prominent blockchain developer and Cardano contributor Sebastien Guillemot has revealed the future plans for ...
El Dorado Founder: Bomb Contract Deployment Is To Protect ELP-1 Users
Key Points: The founder of El Dorado Exchange stated in response to yesterday’s incident, saying that the project is responding to the ELP-3 exploit incident that occurred last week. The purpose of th...
Global Stock Market Shows Differing Growth Strides as Inflation Fears Remain
Of the key markets in the Asia Pacific region, only the South Korean Kosdaq saw a slight uptick. The global stock market is experiencing differing growth moves as key inflation markers in many regions...
APE’s Price May Lose Another Major Support Level in the Next 24Hrs
The price of ApeCoin (APE) dropped over the last 24 hours according to CoinMarketCap. At press time, APE was trading at $3.12 and was hovering slightly above a key support level. Technical indicators ...
Pro-XRP Lawyer Reacts to Rumor that Ripple Has Reached a Settlement
A crypto influencer recently alleged that “a settlement” had been reached between Ripple and the SEC in the ongoing litigation. In a tweet today, Australian-based lawyer Bill Morgan reacted to a new s...
Canadian Market Abandoned Amid Regulatory Clash
In response to recent regulatory developments in Canada, cryptocurrency exchange Bybit has announced its decision to exit the Canadian market. Bybit joins the growing list of exchanges, including Bina...
Hong Kong Stablecoin Issuer Arrested
Police in Hong Kong have arrested staff working for the payments company behind the Hong Kong dollar and RMB stablecoins CNHC and HKDC. A notice on Trust Reserve’s office door said the team had underg...
SHIB Struggles Amid Contradicting Behavior From Investors
On-chain data shows contradicting behavior between existing SHIB investors. Glassnode, shows a recent surge in new SHIB addresses. The price of SHIB has remained stagnant over the same period. On-chai...
Investors Rush To Buy ASI Token During Presale
AI has been the talk of the town amongst crypto investors since the launch of ChatGPT. While many are searching for ways to take advantage of this opportunity, savvy investors have already found their...
CNHC stablecoin issuer detained by Chinese police: Report
The Chinese government continues to crack down on the cryptocurrency industry with a new investigation targeting a major Chinese yuan stablecoin issuer. Employees of Trust Reserve — the issuer of the ...
Dogecoin’s Bandwidth Convergence Hints at Impending Price Storm
The meme-inspired cryptocurrency, Dogecoin ($DOGE), has been trailing behind other leading cryptocurrencies this year. However, a recent analysis by Satoshi Club reveals that a significant price “stor...
Trading volumes on CEXs and DEXs surge amid market downtrend
Centralized exchanges (CEXs) and decentralized exchanges (DEXs) have observed a tremendous surge in their respective trading volumes in the past 24 hours. This trend suggests a renewal of investor int...
Cardano Price is set to reach 2$ by the End of 2023, in Theory?
Cardano, denoted by the ticker ADA, is a blockchain platform renowned for its unique proof-of-stake consensus mechanism and multi-layered architecture. As we venture further into 2023, it’s worth expl...
Examining Stellar (XLM) Price Bounce: Correction or Reversal?
The Stellar (XLM) price began a bounce in May, which could continue to the closest Fib resistance levels. However, even though the bounce could continue in the short term, the long-term readings still...
Security firm exposes $500m vulnerability in TRON’s multisig accounts
Security researchers have recently disclosed a critical zero-day vulnerability in the TRON blockchain that could potentially expose $500 million worth of cryptocurrency to theft. The vulnerability, di...
Shiba Inu Regains AAA Security Rating On CertiK
Shiba Inu makes a remarkable comeback and regains an AAA rating from CertiK after a recent drop in security score, boosting investor confidence. Shiba Inu (SHIB) has made a remarkable comeback by rega...
FTX Bankruptcy Referred to US Appeals Court for Independent Investigation
28 seconds ago | 2 mins read Exchange News FTX’s new management had expressed worry about the financial impact. District Judge stated that the legal criteria prompted his decision to appeal to a highe...
US lawmakers introduce bill to prevent digital dollar pilot program
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...
PEPE Is ‘Dead Officially,’ Dogecoin Community Claims
Yuri Molchan Several major DOGE-themed accounts have noticed that PEPE price keeps going down Contents “Dogecoin millionaire’s” predictions likened to those of Jim Cramer PEPE and ot...
Rumor: Multichain Founder Arrested by Police In Shanghai For Investigation
Key Points: According to sources of Wu Blockchain, the founder of the noisy Multichain of the past days has been arrested in Shanghai. The tweet has now been deleted. Earlier, there were also rumors t...