Category: Latest news

[ad_1] Bitcoin’s hashrate has hit a new all-time high of 331EH/s, according to data from Glassnode. Historically there has been a loose correlation between hashrate and Bitcoin’s price spurring debate as to whether hashrate follows price or vice versa. The spike in hashrate comes at a difficult time for miners as some struggle to meet…

[ad_1] The biggest news in the cryptoverse for Nov. 1 includes Coinbase arguing that SEC’s lawsuit against Ripple caused $15 billion in losses for retail traders, Hackers stealing about $760 million in 44 hacks in October, and top 50 Dogecoin holders selling off $110 million worth of DOGE in the last seven days. CryptoSlate Top…

[ad_1] After two consecutive red months, Bitcoin posted a 6% increase in October. The volatility that wiped out billions from the market devastated Bitcoin’s price in June and led to a shaky summer with little to no gains. However, the third quarter began in the green with Bitcoin breaking through the $20,000 resistance, showing the…

[ad_1] The top 50 Dogecoin (DOGE) investors collectively hold 87.1 billion tokens worth roughly $12.35 billion at current prices, according to blockchain analytics platform Lookonchain. These investors hold around 63.71% of the memecoin’s total circulating supply, accounting for around 66.5% of the token’s market cap. We did an analysis of the top 50 holders of…

[ad_1] The creator of Magic: The Gathering card game Richard Garfield has launched a new Player versus Player game for the non-fungible token project, Blockchain Brawlers, according to a press statement shared with CryptoSlate. Blockchain Brawlers is a play-to-own game based on the WAX blockchain, created by Tyranno Studios. Adding a new PvP card game…

[ad_1] The Development Bank of El Salvador, BANDESAL, has refused to disclose the  government’s Bitcoin purchase and sale records for the second time, according to an Oct. 31 tweet by the country’s Anti-Corruption Legal Advisory Center (ALAC). Upon Congress’ approval, BANDESAL created a $150 million trust fund — FIDEBITCOIN — to facilitate conversions from Bitcoin…

[ad_1] The cryptocurrency space has lost nearly $2.98 billion to DeFi hacks this year — almost double the $1.55 billion lost in 2021, according to a recent report by blockchain security firm PeckShield. #PeckShieldAlert ~44 exploits (53 protocols affected) grabbed ~$760.2M in Oct. 2022, and ~$100M already returned the exploited protocols (Total loss: $657.2M)As of…

[ad_1] Crypto exchange Coinbase has filed an amicus brief in support of Ripple (XRP), arguing that the SEC’s lawsuit led to retail traders losing $15 billion. According to the exchange, the SEC action forced U.S.-based exchanges to delist XRP, causing retail customers significant losses as the coin’s market cap declined. The U.S.-based crypto firm continued…

[ad_1] The biggest news in the cryptoverse for Oct. 31 includes Vitalik saying that crypto needs to mature before mainstream adoption, Hoskinson predicting that crypto adoption will surge as national currencies fail, a veteran investor predicting that the DOGE bear market is over, and  Argo Blockchain on verge of shutting down operations after failing to…

[ad_1] OpenSea’s Ethereum (ETH) NFTs trading volume has declined for the fourth consecutive month, dropping 13% to $303M, the lowest since June 2021, according to Dune Analytics data. According to the data, OpenSea’s Ethereum monthly active traders have also dropped for the fourth consecutive month. Active traders on the platform dropped by roughly 5% to…