Category: Latest news

[ad_1] Ad The biggest news in the cryptoverse for Feb. 21 saw Polygon announce a mass layoff. Meanwhile, the wireless hotspot project Helium set a date for its migration to Solana. Plus, news on Web3 gaming, a British NFT charity project, and Friendsies NFTs . CryptoSlate Top Stories Polygon sacks 20% of staff, says it…

[ad_1] Ad Paxos published a letter from its CEO, Charles Cascarilla, on Feb. 21 in which the executive discussed the company’s ill-fated BUSD stablecoin. On Feb. 13, action from New York regulators led Paxos to stop issuing its Binance USD (BUSD) stablecoin. Though Paxos did so, the U.S. Securities and Exchange Commission separately issued a…

[ad_1] Ad Coinbase published its end-of-year shareholder letter today, Feb. 21, in which it described its financial standing for the previous quarter and for the entirety of 2022. Coinbase publishes revenue, shareholder data Coinbase said that it saw its total trading volume for 2022 decline by 50% year-over-year. It also saw its transaction revenue for…

[ad_1] Ad With institutional and retail investors both turning their attention to AI last month, AI-related crypto tokens such as Fetch (FET), SingularityNET (AGIX), and Ocean Protocol (OCEAN) saw significant gains throughout January. However, concurrent to those gains has been an uptick in scams, with @PeckShieldAlert announcing this week the discovery of several dozen scam…

[ad_1] Ad British national Christopher Douglas Emms — wanted by the FBI for allegedly helping the North Korean government evade U.S. sanctions via crypto — was arrested in Moscow by the Russian bureau of Interpol on Feb. 21, according to local media reports. Emms has been on the FBI’s international wanted list for a number…

[ad_1] Definition Net Realized Profit/Loss is the net profit or loss of all moved coins and is defined by the difference of Realized Profit – Realized Loss. Quick Take Net realized profit/ loss indicates that this is the longest streak of profit-taking in Bitcoin since the bull run in late 2021. Investors were taking profits for around…

[ad_1] Definition The total amount of coins held on OTC desk addresses. This data is based on three different OTC desks. Quick Take Based on the three different OTC desks, they hold over 5,600 BTC, almost double the lows during Q4 2022. During the 2021 bull run, OTC desk holdings hit over 12,000 BTC, as…

[ad_1] Ad Popular NFT collection Friendsies tweeted Feb. 15 that it would pause its development, citing “challenging” market conditions as the primary reason for its hiatus. “We had the best intentions to create a genuine digital companion for the future,” the company tweeted. “However, the market’s volatility and difficulties have made it increasingly challenging to…

[ad_1] Ad British MP Matt Hancock is continuing his mission to support blockchain technology through a new NFT collection called “From Ukrain with Love,” according to a statement given to CryptoSlate. From Ukraine with Love The NFT collection comprises works painted by Ukranian artist Oleg Mischenko before the war and will be sold at The…

[ad_1] Quick Take Web3 gaming is still in its early stages of development. The future of web3 gaming will be more sustainable and rewarding. Tokens can be used as a new business model in web3 gaming. The key to creating a successful economy in a game is to value players’ effort. Creating a great game…