Category: Latest news
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Binance, Gulf Innova joint venture bags digital asset operator license in Thailand
[ad_1] 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 manage your wallet connection, click the button below. Oops…you must lock a minimum of 20,000 ACS If you don’t have enough, buy ACS…
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OPNX explains why Celsius was prioritized over FTX, others for bankruptcy tokenization
[ad_1] Celsius was selected first for OPNX’s bankruptcy tokenization due to the company’s “completely unredacted database,” according to Heimdall CEO Vishal Shah. Heimdall, a provider of business tokenization solutions, and OPNX partnered to roll out their bankruptcy tokenization product, enabling users with funds frozen on defunct platforms to access liquidity. The product provides an alternative…
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Binance to halt Bitcoin spot trading with Australian Dollar
[ad_1] Crypto exchange Binance announced it would stop Bitcoin (BTC) spot trading activities with the Australian Dollar (AUD) on June 1, according to a statement on May 26. Additionally, the exchange would remove spot trading activities for other top cryptocurrencies like Cardano (ADA), Ethereum (ETH), Dogecoin (DOGE), XRP, BNB, Solana (SOL), and Polygon (MATIC) paired…
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XRP, Litecoin leads flat market as Bitcoin maintains $26k: CryptoSlate wMarket Update
[ad_1] Over the last 24 hours, the cryptocurrency market experienced a 0.87% increase, with a current market cap of $1.12 trillion. During the same period, the market caps of Bitcoin (BTC) and Ethereum (ETH) grew 0.8% and 1.51% to $512.39 billion and $217.96 billion, respectively. All top 10 crypto assets recorded gains during the reporting…
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McCormack slams Worldcoin, saying ‘Bitcoin is world coin’
[ad_1] Peter McCormack, the host of the ‘What Bitcoin Did’ podcast, tweeted a scathing assessment of Worldcoin, inferring the project is redundant as “Bitcoin is world coin.” McCormack slammed Worldcoin using several unflattering descriptors, including “sh*tcoin,” “VC dystopian rug pull,” and “exit liquidity” – enforcing its already dubious reputation. Worldcoin unable to shake its reputation…
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Hex market cap loses $4 billion in a week
[ad_1] Blockchain network Hex (HEX) has seen around $4 billion wiped from its market cap over the past week, according to CryptoSlate data. Hex’s market cap dropped to as low as $2.41 billion on May 25 from a peak of $6.62 billion recorded on May 20, according to CryptoSlate’s data. During this period, the Richard…
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Second largest Bitcoin withdraw from exchanges this year
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Stably introduces #USD, the first Bitcoin network stablecoin
[ad_1] Stablecoin-as-a-Service (SCaaS) provider Stably has unveiled Stably USD (#USD), the first stablecoin operating on the Bitcoin network, according to a May 25 press release. The move introduces #USD as a native BRC20 token to the Bitcoin blockchain. It is an expansion of the Bitcoin Ordinals ecosystem, which was made possible by the network’s Taproot…
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Trezor sales soar 900% amid Ledger’s seed recovery controversy
[ad_1] Hardware wallet provider Trezor reported a 900% week-on-week growth in its sales volume, according to May 25 press statement shared with CryptoSlate. This surge comes in the wake of Ledger’s seed recovery feature that drew stiff opposition from the crypto community. According to the press statement, Trezor CEO Matěj Žák said: “In Trezor, we…
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EU watchdog does not deem crypto link to TradFi ‘significant’ to pose systemic risk yet
[ad_1] The European Systemic Risk Board (ESRB) said the crypto sector does not pose any systemic risks to the real economy for now as its current links to the traditional financial sector are not “significant.” The ESRB made the statement in its latest report on the “systemic implications” of crypto and the policy options to…