Author: e_cash_top

[ad_1] Ad The following is a guest post from Anndy Lian. Hong Kong has been a major financial hub for many years, and in recent years, it has shown increasing interest in blockchain and cryptocurrency technologies. The government of Hong Kong has indicated its support for the industry’s development, and many initiatives are underway to…

[ad_1] Ad Crypto mining firm Riot Platforms published its 2022 financial results on March 2 and reported that it would delay its 10-K filing with regulators. Riot saw significant growth in 2022 In its annual report, Riot reported “record results” for the year of 2022. The company said that it brought in $259.2 million in…

[ad_1] Ad Signature Bank, one of the few federally regulated US banks that has actively courted digital assets, is said to be one of the few banks left standing with news that its competitor, Silvergate, is facing significant stress due to its exposure to FTX and accusations it was responsible for the co-mingling of exchange…

[ad_1] Ad Crypto’s move-to-earn sector is up 6.19% despite a 1.6% drawdown from the overall crypto market in the last 24 hours, according to CryptoSlate data. The move-to-earn sector is a relatively small category with only 16 tokens from platforms that reward their user for their physical activities. Source: CryptoSlate While interest in the sector…

[ad_1] Ad Several cryptocurrency companies have at least temporarily stopped accepting deposits made via Silvergate Bank, as seen in various statements on March 2. Multiple crypto companies block transfers Gemini notably said it has stopped accepting deposits and withdrawal requests made via ACH or wire transfer through Silvergate Bank. It stated that it is “actively monitoring…

[ad_1] Ad The biggest news in the cryptoverse for March 2 saw Coinbase announce that it would stop supporting transfers through Silvergate Bank. Other companies, including Tether, Circle, Gemini, Crypto.com, Bitstamp, and Microstrategy either followed suit or commented on the situation.  CryptoSlate Top Stories Silvergate shares tank 46% after Coinbase severed payment partnership Crypto-friendly bank…

[ad_1] Ad NEAR, a blockchain platform that aims to simplify and democratize access to decentralized applications, announced at the ETHDenver conference and hackathon on March 2 that it is transforming into the Blockchain Operating System (BOS). The move marks a significant milestone in the development of Web3, as NEAR becomes the first blockchain to introduce…

[ad_1] Ad On the heels of a significant announcement involving the distressed US bank Silvergate, which had ties to the lender FTX and is now facing an increasing consortium of capital flight and scrutiny from regulators, at least two crypto companies took to social media today to announce how the news has affected them. Tether,…

[ad_1] Definition  The Realized Price reflects the average on-chain acquisition price for the entire coin supply.  Short-Term Holder (STH) Realized Price reflects the average on-chain acquisition price for coins held outside exchange reserves, which were moved within the last 155 days. These reflect the most probable coins to be spent on any given day.  Long-Term Holder (LTH)…

[ad_1] Ad The Rally Token (RLY) has recorded an 83.73% increase in the last 24 hours, according to CryptoSlate data. RLY token increased from as low as $0.0149 to as high as $0.0313 in the last 24 hours. At the time of writing, the RLY price lingers around $0.0265. RLYUSD (Source: CryptoSlate) CryptoSlate data also…