Category: Latest news

[ad_1] Coinbase’s layer 2 network, Base, on May 24 announced the criteria it plans to meet before proceeding with its mainnet launch. Mainnet requirements Base said it has already met two criteria: it has completed its first hardfork, Regolith, in testnet and has completed an infrastructure review with the OP Labs team. The project is…

[ad_1] BTC-e co-founder Alexander Vinnik aims to be released through a prisoner swap, The Wall Street Journal reported May 24. Vinnik seeks to be released by U.S. A lawyer argued in court that Vinnik should be allowed to respond to accusations and advocate for his inclusion in a prisoner exchange. Vinnik is a Russian citizen…

[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…

[ad_1] OPNX co-founder Mark Lamb and Vishal Shah, the CEO of partnering firm Heimdall, confirmed its bankruptcy tokenization product would open for Celsius users in a week. The exchange allows users with funds frozen on defunct crypto platforms to unlock their underlying value. OPNX went live on April 4, offering spot and derivative trading. However,…

[ad_1] A Montenegrin high court in Podgorica has revoked Terraform Labs co-founder Do Kwon’s bail. According to a May 24 Bloomberg report, a spokeswoman for the court Marija Rakovic said the court decision also affects the company’s former CFO, Han Chong-Joon. This means that Kwon and Chong-Joon would remain in jail until their trial. Following…

[ad_1] Hong Kong is gearing up to usher in a new regime for virtual asset regulation. The Securities and Futures Commission (SFC) published the conclusions from its weeks-long consultation on regulatory guidelines for crypto platforms on May 23. Hong Kong crypto exchanges will have to seek licenses under the Securities and Futures Ordinance (SFO) and…

[ad_1] Vitalik Buterin inadvertently sparked rumors today as social media mistook an ironic comment as a serious endorsement of Solana as the world’s “most scalable” blockchain. Appearing at EDCON 2023 in Podgorica, Montenegro, Buterin took the stage in traditional Montenegran dress before introducing himself as Anatoly Yakovenko, co-creator of Solana, and touted its tech. The…

[ad_1] Over the last 24 hours, the cryptocurrency market saw net outflows of $20 billion and currently stands at $1.12 trillion — down 1.98% from $1.14 trillion. During the same period, the market caps of Bitcoin (BTC) and Ethereum (ETH) fell 2.11% and 2.15% to $517.69 billion and $218.07 billion, respectively. All top crypto ten…

[ad_1] Data from DeFiLlama showed the Total Value Locked (TVL) in the Cardano DeFi ecosystem currently amounts to $161.81 million. At the start of 2023, the figure came in at $50.097 million – representing year-to-date (YTD) growth of 229%. Source: Cardano TVL on DeFiLlama.com TVL measures the value of digital assets locked in a particular…

[ad_1] Quick Take Headline CPI inflation fell for the UK in April to 8.7%, forecasted at 8.2%, a huge miss. CryptoSlate has reported previously that core inflation worldwide is the biggest issue. UK Core CPI year over year came in at 6.8% from 6.2%, a high not seen since 1992. In addition, core CPI month…