Category: Latest news

[ad_1] Popular cryptocurrency trading firm PGI Global UK has been closed down by a high court in the United Kingdom, according to a press release issued by U.K. authorities,  The court issued the directive following the firm’s alleged involvement in a crypto scam.  PGI allegedly promised investors 200% returns on their investments As disclosed, the…

[ad_1] Reddit may have cracked the formula for onboarding new users into web3, according to a new report released by DappRadar on the behavior of the blockchain industry. Further, 94% of adults with “discretion to household money” are now aware of cryptocurrencies. The report stated: “The ease of onboarding new users to the world of…

[ad_1] This has been the year of mining difficulty and hash rate, as they kept increasing to record new all-time highs (ATH) despite the declining trend in Bitcoin (BTC) price, according to data analyzed by CryptoSlate. Mining difficulty refers to miners’ chance of finding the required hash code to mine one block. Hash rate, on…

[ad_1] Former White House Deputy Chief of Staff and Messina Group CEO Jim Messina said he is ready to bet on his Porsche car as he expects Bitcoin to rally up to $60,000. During an interview with Fox Business on Oct. 27, Messina remarked that crypto is one of the most exciting developments of this…

[ad_1] Ethereum (ETH) co-founder Vitalik Buterin believes that crypto is a better asset to hold than gold, adding that it already has more adoption than a physical asset. Gold is incredibly inconvenient. It’s difficult to use, particularly when transacting with untrusted parties. It doesn’t support safe storage options like multisig. At this point, gold has…

[ad_1] Making zero-knowledge proofs (ZKPs) “understandable and accessible” to people is necessary to keep the Ethereum ecosystem “open and welcoming” to people without a mathematics degree, Ethereum co-founder Vitalik Buterin tweeted Oct 26. ZKPs are often referred to as “moon math” because of their complexity. I’m so happy that Ethereum has such a strong culture…

[ad_1] Sushi DAO has unanimously approved a proposal to set up three legal entities in Cayman Island and Panama to manage the affairs of the protocol. Development activities in SushiSwap are managed by its community DAO and the project team. However, the new approval will see three legal entities emerge to run the protocol. Sushi’s…

[ad_1] The biggest news in the cryptoverse for Oct. 26 includes the theft of over $1M worth of Ethereum by a phishing attack, Vitalik Buterin’s tweet deeming ZKPs “necessary” for Ethereum and Binance overtaking Huobi in crypto derivatives trading. CryptoSlate Top Stories Over $1M worth of ETH, NFTs stolen in phishing attack A scammer, “Monkey…

[ad_1] After weeks of flatlining, Bitcoin has finally seen some positive price action, breaking through the $20,000 resistance. At press time, BTC stood at $20,745 and showed the potential to inch even closer to $21,000. Graph showing Bitcoin’s price in October 2022 (Source: CryptoSlate Bitcoin) Bitcoin’s rally could have been a result of a significant…

[ad_1] Tyranno Studios is a Web3 gaming company that defines its core value as allowing players to retain complete control over the items they purchase in games, regardless of its platform. It focuses on functioning cross-chain with a seamless experience. The company just launched its new game called blockchain brawlers last week. Designed by Richard…