Category: Latest news
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Ripple effects, contagion, counterparty risk as banks and crypto stocks slide
[ad_1] Disclaimer: By using this website, you agree to our Terms and Conditions and Privacy Policy. CryptoSlate has no affiliation or relationship with any coin, business, project or event unless explicitly stated otherwise. CryptoSlate is only an informational website that provides news about coins, blockchain companies, blockchain products and blockchain events. None of the information…
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Bitcoin bulls successfully defend $27,800
[ad_1] Ad The cryptocurrency market cap saw net inflows of $9.8 billion over the last 24 hours and currently stands at $1.17 trillion — up 0.8% from $1.16 trillion. During the reporting period, the market caps of Bitcoin and Ethereum decreased by 1.2% and 1.7% to $542.1 billion and $218.9 billion, respectively. The top 10…
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A third consecutive positive adjustment for Bitcoin, hash rate hits all-time high
[ad_1] Disclaimer: By using this website, you agree to our Terms and Conditions and Privacy Policy. CryptoSlate has no affiliation or relationship with any coin, business, project or event unless explicitly stated otherwise. CryptoSlate is only an informational website that provides news about coins, blockchain companies, blockchain products and blockchain events. None of the information…
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Airdrop claims help Arbitrum process twice Ethereum’s transaction in 24 hours
[ad_1] Ad Network activity on layer-2 network Arbitrum (ARB) reached a new all-time high of 2.7 million transactions on March 23 — doubling that of the Ethereum (ETH) mainnet. According to Dune analytics data, ETH mainnet processed 1.07 million transactions — while rival layer-2-solution Optimism recorded 228,684 transactions. Arbitrum Daily Transactions (Source: Dune Analytics) On…
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SEC issues investor alert over crypto investments
[ad_1] Ad The US Securities and Exchange Commission (SEC) on March 23 issued a notice highlighting several reasons investors should be wary of investing in crypto assets securities. “Investments in crypto asset securities can be exceptionally volatile and speculative, and the platforms where investors buy, sell, borrow, or lend these securities may lack important protections…
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Polygon, ex-Meta executives defend Coinbase following SEC Wells notice
[ad_1] Ad Several notable cryptocurrency industry figures have come to the defense of Coinbase following the company’s receipt of a Wells notice. Polygon comes to the defense of Coinbase The Wells notice received by Coinbase indicates that the U.S. Securities and Exchange Commission likely intends to file charges against the exchange. In response, Polygon Labs…
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Bitcoin liquidity situation worsening; volatility expected to be enhanced
[ad_1] Quick Take Order book depth continues to make new lows for Bitcoin; these are now 10-month lows, according to Kaiko. A major ramification of an illiquid market can push direction in either way. The banking crisis and closure of USD payment rails, crypto banks such as Silvergate and Signature Bank, could be a net benefit…
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Coinbase moves to on-chain staking for Tezos, Cosmos, Solana, and Cardano
[ad_1] Ad Coinbase has begun its transition to on-chain staking for four cryptocurrency assets, according to an announcement on March 23. Four assets affected, one discontinued Coinbase’s announcement and an attached help page say that customers will “earn rewards from the protocol, not Coinbase” under the new approach. Th firm says that its only role…
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FTX plans to sell stake in Mysten Labs for $96M
[ad_1] Ad FTX has submitted a motion through which it intends to sell its stake in Mysten Labs, according to a bankruptcy court filing on March 22. The value of the sale is estimated to be more than $96 million. About $95 million of that amount consists of shares, though it also includes $1 million…
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Coinbase’s Brian Armstrong criticizes US crypto regulation, SEC behavior in Twitter Space
[ad_1] Ad Coinbase moved forward with a Twitter Space on crypto regulation previously planned for Friday following the Wells Notice served to it by the SEC this week. Chris Lehane, SVP of Policy & Communications at Airbnb, kicked off the Twitter space by giving the ‘forward-looking statement’ disclaimer usually reserved for earnings calls and other…