Category: Latest news
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FTT surges 48%; other bankrupt tokens also rise
[ad_1] Bankrupt FTX’s native token FTT is one of the best-performing digital assets in the last 24 hours, surging by over 48% to $2.58, according to CryptoSlate’s data. The embattled exchange token has risen by more than 170% on the seven days metrics. The impressive price performance has pushed it to its highest level since…
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3AC, CoinFLEX co-founders looking to raise $25M for new crypto exchange
[ad_1] Defunct Three Arrows Capital’s (3AC) co-founders Kyle Davies and Su Zhu — along with CoinFLEX co-founders Mark Lamb and Sudhu Arumugam — are looking to raise about $25 million to launch a new crypto exchange called GTX. GTX is designed to help creditors of bankrupt exchanges like FTX, Celsius, BlockFi and Mt.Gox lay claims…
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Bitcoin briefly touches $21,000 in market wide weekend pump
[ad_1] The cryptocurrency market cap saw net inflows of around $6 billion in the last 24 hours and currently stands at $979 billion — up 0.69%. Over the reporting period, Bitcoin and Ethereum’s market cap increased by 0.72% and 0.87% to $402 billion and $189.18 billion, respectively. Most top 10 cryptocurrencies recorded gains over the…
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Bitcoin moves toward neutral sentiment on Fear & Greed index
[ad_1] For the first time since April 2022, the Bitcoin Fear & Greed Index (FGI) has moved out of the ‘fear’ zone and into ‘neutral.’ Over the weekend, Bitcoin reached a score of 52 on the index as Bitcoin pushed over $21,000. Source: alternative. me As of press time, the score has retraced slightly to…
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Shiba Inu Shibarium on verge of beta version launch
[ad_1] Shiba Inu teased the launch of Shibarium in a recent blog post, saying a beta version is close to rolling out. In Late December 2022, a year-old cryptic tweet from Lead Developer Shytoshi Kusama resurfaced, in which he said by the end of 2022, “chess pieces begin to slide,” and “then the real fun…
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Ethereum turns deflationary amid weekend market rally
[ad_1] Ethereum (ETH) issuance turned deflationary over the weekend amid a market-wide rally. ETH supply growth is roughly -0.10% per year — 622,000 ETH issued yearly and 739,000 ETH burnt yearly — according to Ultrasound.money data. Source: Ultrasound.money In a simulation where ETH continued to utilize the Proof-of-Work (PoW) mechanism, supply would be up a…
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The ongoing battle against scammers in the web3 – SlateCast #46
[ad_1] The latest episode of the SlateCast, a CryptoSlate podcast that engages with some of the most exciting web3 projects, discussed the topic of safety in Web3 and the creation of tools that help users to be safe when interacting with apps and applications in the world of Web3. The speakers, Ricardo and the host,…
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The Importance of non-custodial solutions & the Nexo Wallet roadmap – SlateCast #47
[ad_1] The head of product for the Nexo wallet, Elitsa Taskova, recently sat down with Akiba, the host of the SlateCast podcast to discuss the company’s new non-custodial wallet. The timing of the release is particularly interesting, given the recent issues with exchanges and the increasing focus on non-custodial solutions. Nexo itself has been in…
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Decentralized hiring process leads to unique perspective on transparency in DeFi industry – SlateCast #48
[ad_1] In this episode The decentralized hiring process at SushiSwap: The process of selecting the head chef through a public vote and debate, and how it compares to traditional hiring methods. The role of interest rates in the DeFi space: The potential for DeFi to retain interest rates above those in the traditional finance world,…
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Top public Bitcoin mining holdings – 2022 review
[ad_1] CryptoSlate has analyzed nine of the top Bitcoin mining holdings. As 2022 began, Bitcoin holdings and production increased as ASICS looked for new homes due to companies bringing on cheap debt in 2021. Public Mining Company Bitcoin Holdings / Source: Glassnode BTC holdings peaked in May. However, a summer of stress saw distribution as…