Category: Latest news

[ad_1] Magic Eden has surpassed Blur to become the top NFT marketplace in terms of trading volume, marking a significant shift in the competitive landscape of digital asset exchanges. This development comes as Blur, previously a dominant player in the Ethereum-based NFT market, sees a decline in its market share. According to DappRadar’s Dapp Industry…

[ad_1] Quick Take The Bitcoin mining sector has faced challenges with historically low hashprices in recent weeks following the halving event. However, hash prices surged to multi-year highs on the day of the halving, buoyed by increased fees attributed to Runes. According to Glassnode data, the hash price is $51,915 in USD terms and 0.84…

[ad_1] What is CryptoSlate Alpha? A web3 membership designed to empower you with cutting-edge insights and knowledge, powered by Access Protocol. Learn more › Connected to Alpha Welcome! 👋 You are connected to CryptoSlate Alpha. To manage your wallet connection, click the button below. Important: You must lock a minimum of 20,000 ACS If you…

[ad_1] Bankrupt crypto lender BlockFi said on May 9 that it would shut down its web platform by the end of May and rely primarily on Coinbase as a distribution partner. The change ensures that BlockFi Interest Account (BIA), Retail Loan, and Private Clients can continue to access withdrawals as part of the bankruptcy claims…

[ad_1] Marathon Digital Holdings reported a record net income of $337.2 million in 2024’s first quarter. The firm’s quarterly net income, published in its May 9 earnings report, represents 184% year-over-year growth from $118.7 million in the first quarter of 2023. EPS for the quarter stood at $1.26 per diluted share The company reported record…

[ad_1] Cardano founder Charles Hoskinson has accused Joe Biden’s administration of a deliberate attempt to stifle the growth of the crypto industry in the US and urged crypto holders to reconsider their votes in the upcoming elections later this year. His accusations come in response to President Joe Biden’s announcement to veto a bipartisan resolution…

[ad_1] US Bancorp disclosed spot Bitcoin ETF investments worth over $15 million on May 8. The company revealed it purchased roughly 87,744 shares of Fidelity’s FBTC worth $5.4 million, 46,011 shares of Grayscale’s GBTC worth $2.9 million, and 178,567 shares of BlackRock’s IBIT worth $7.2 million. The company’s total investments stood at $71.8 billion, based…

[ad_1] Polkadot blockchain activity has surged to record levels, with active addresses hitting all-time highs for two consecutive months. Data from DotLake indicates the network boasted around 650,000 active addresses on-chain as of the end of April. The growth continues the uptrend that saw the number of active blockchain addresses surpass its previous high of…

[ad_1] The European Securities and Markets Authority (ESMA) has initiated a review of the rules governing crypto asset investments by UCITS (Undertakings for Collective Investment in Transferable Securities) as part of a broader examination of the EU’s financial regulatory framework. The review comes in response to a request from the European Commission (EC) to ensure…

[ad_1] Robinhood CEO Vlad Tenev voiced strong concerns about the limitations regarding the accessibility of crypto for Americans and criticized the SEC for its “regulation by enforcement” approach toward the industry. Tenev made the statement during a CNBC interview on May 9, where he also discussed the significant increase in crypto trading on the platform…