Category: Latest news

[ad_1] Despite the popularity of NFTs waning since the boom of 2021, Sony — one of the gaming industry’s most prominent players with a current market capitalization of $109.1 billion — has so far remained cautious on whether to enter into the NFT space. NFT framework for transferring digital assets between devices The company’s newly-published…

[ad_1] Ad Previous CryptoSlate analysis revealed that the crypto industry is slowly getting out of the bear market. However, the transition from a bear market to a bull market is often a tumultuous and volatile process. Long-term holders (LTH) are the most important factors in this part of the cycle, as their behavior determines local…

[ad_1] Ad The cryptocurrency market cap saw net outflows of $12.6 billion over the last 24 hours and currently stands at $1.16 trillion – down 1.1% from $1.18 trillion. During the reporting period, the market caps of Bitcoin and Ethereum increased by 0.7% and 1.2% to $541.5 billion and $215.7 billion, respectively. The top 10…

[ad_1] Ad Charles Hoskinson dismissed the notion that crypto triggered the banking crisis — turning the claim on its head and stating that digital assets are the “escape valve.” Recent weeks have seen several banking collapses and regulatory seizures. A general account of the problem stems from illiquidity and overvalued assets on balance sheets. When…

[ad_1] Ad Coinbase said it would not integrate the popular artificial intelligence tool ChatGPT into its security review process because it does not meet its accuracy requirements. Coinbase used ChatGPT to test the security standards of 20 unnamed ERC-20 tokens. The results of the tests showed that the tool showed “promise for its ability to…

[ad_1] Ad Bitcoin has had one of its best weeks in history, with a closing increase of 35.8%. Bitcoin’s monthly average transaction count has hit 309.5k per day — the highest level since April 2021, according to on-chain analytics firm Glassnode. Despite the high price performance, the proportion of ‘hot coins’ is still close to…

[ad_1] Ad Mastercard will reportedly power the card for Australian stablecoin firm Stables, as announced by mutual partner Marqeta in a March 20 press release. The partnership will allow Stables — which currently offers a digital wallet and stores balances in the USDC stablecoin — to issue Mastercard prepaid cards through Marqeta. Marqeta Mastercards will…

[ad_1] Ad Belgium’s Financial Services and Markets Authority (FSMA) is set to introduce a new set of crypto ad regulations by May 17, Finance Magnates reported on March 20. Belgium’s Official Gazette published on March 17 showed that the crypto ad must be accurate and contain mandatory risk information. The companies sponsoring the advert must…

[ad_1] Ad Coinbase has discontinued support for Signet, a service once offered by the failed Signature Bank, according to a report from the Wall Street Journal on March 20. Coinbase partnered with Signature in October 2022. Coinbase used Signet to perform U.S. dollar transactions with exchanges and institutional clients instantly and around the clock. Signature…

[ad_1] Ad In the past week, MakerDAO has experienced a drop in total value locked (TVL), the supply of DAI, and annualized fee income, signaling some potential trouble for one of the world’s largest stablecoin issuers. Additionally, MKR’s value decreased by 25% during the same timeframe. Despite DAI’s recent return to parity with the US…