Category: Latest news

[ad_1] General partner at Fenbushi capital Bo Shen tweeted on Nov. 23 that malicious players stole $42 million from his personal wallet on Nov. 10. A total of 42M worth of crypto assets, including 38M in USDC were stolen from my personal wallet ending in 894 in the early morning of November 10 EST. The…

[ad_1] While some believe the FTX collapse is the straw that breaks crypto, others say it will strengthen the industry in the long run. Is it just a huge road bump as the world moves to web3, or the cliff’s edge for the industry as we know it? On November 12, A&T Capital hosted a…

[ad_1] The biggest news in the cryptoverse for Nov. 23 includes Bitcoin hash ribbon metric’s indication of an upcoming miner capitulation, on-chain data revealing investors taking advantage of the low prices, and Bitcoin and Ethereum consisting 91% of Bitfinex’s total reserves. CryptoSlate Top Stories BTC hash ribbon upcoming convergence signals miner capitulation Bitcoin (BTC) miners…

[ad_1] Ravencoin (RVN) spiked 20% following Binance Pool’s announcement of mining services for the proof-of-work (PoW) coin. According to CryptoSlate data, RVN jumped to $0.024 from $0.021 within one hour of the revelation. Binance Pool’s announcement revealed that it would charge a 1% mining fee, and users could only participate in the pool after verifying…

[ad_1] Leading Solana NFT marketplace Magic Eden recently announced plans to deploy on Polygon as part of its multichain strategy. Once integrated, Magic Eden will be available on three different blockchains, with Ethereum making up the other offering. A Magic Eden blog post explained the team is “open to all the possibilities that innovation brings.”…

[ad_1] Core Scientific, one of the largest publicly traded Bitcoin miners, might not make it until the end of the year. In its quarterly report filed with the SEC, the company said “substantial doubt” exists about its ability to continue going if it fails to raise liquidity. “However, the ability to raise funds through financing…

[ad_1] In the latest episode of the CryptoSlate SlateCast, we caught up with Jason Fang from Sora Ventures to get insight into the Asian crypto market, learn why he decided to invest in CryptoSlate, and his overall view on the future of the blockchain industry. Sora Ventures is an Asia-based venture capital fund founded in…

[ad_1] The cryptocurrency market cap saw net inflows of $47.8 billion over the last 24 hours and currently stands at $829.3 billion, up 6.1% over the reporting period. Bitcoin’s market cap grew 5.4% to $318.7 billion from $302.5 billion, and Ethereum’s increased 8.2% to $143.4 billion from $132.6 billion. All of the top 10 cryptocurrencies…

[ad_1] DeFi insurance platform InsurAce is launching a new crypto deposit insurance program titled ‘Crypto Deposit Insurance Scheme’ (CDIS.) The product is hitting the market partly in response to the issues that have plagued CeFi throughout 2022. The collapse of Celsius, Voyager, BlockFi, and now FTX has led to consumer confidence in crypto being rocked.…

[ad_1] Blockdaemon is a blockchain infrastructure company established to empower crypto businesses to help them quickly deploy and iterate innovative solutions on blockchain. Glenn Woo, Head of Sales for the Asia Pacific region, joined CryptoSlate to talk about how the blockchain structure is evolving toward mass adoption. Blockdaemon is currently supporting over 60 blockchain protocols.…