Category: Latest news

[ad_1] What is CryptoSlate Alpha? A web3 membership designed to empower you with cutting-edge insights and knowledge, powered by Access Protocol. Learn more › Connected to Alpha Welcome! 👋 You are connected to CryptoSlate Alpha. To manage your wallet connection, click the button below. Important: You must lock a minimum of 20,000 ACS If you…

[ad_1] PayPal announced that it will no longer offer buyer and seller protection for transactions involving NFTs from May 20, marking a notable shift in the company’s approach to the digital asset market. Historically, PayPal’s protection programs have safeguarded consumers against fraudulent transactions, providing refunds and shielding sellers from chargebacks and false claims. However, the…

[ad_1] A recent analysis by crypto exchange Bybit has sounded the alarm on a potential shortage of Bitcoin (BTC) on exchanges by the end of 2024 if demand remains at similar levels. The report predicts that reserves could be entirely depleted within the next nine months if current withdrawal rates persist — currently around 7000…

[ad_1] Embattled crypto platform Binance.US told CryptoSlate it appointed Martin C. Grant, a former New York Federal Reserve Bank Compliance Chief, to its Board to improve compliance efforts and restore users’ trust in its services. The crypto trading platform has faced extensive regulatory scrutiny due to its ties with the global Binance exchange, which entered…

[ad_1] The Artificial Superintelligence Alliance (ASI), comprising Fetch.ai (FET), SingluarityNET (AGIX), and Ocean Protocol (OCEAN), said the highly anticipated ASI token will be launched in May. In an April 16 statement, the Alliance stated that the ASI token would merge the native digital assets of the three decentralized artificial intelligence protocols and rank among the top 20…

[ad_1] Ethereum fell against Bitcoin to its lowest point in three years amid the carnage that followed Bitcoin’s fall from $70,000 over the weekend. The ETH-BTC chart reached as low as 0.0462 BTC on Saturday, April 13, down 24% from the year-to-date high of 0.085 BTC. ETH-BTC 2022 – 2024 Ethereum’s all-time high against Bitcoin…

[ad_1] The Arkansas Senate has greenlit a resolution introducing legislation to impose fees on crypto miners for excessive energy consumption, Arkansas Times reported on April 15. The proposed legislation introduces a tiered fee structure to the emerging industry. Miners consuming 1 MW to 2.49 MW of energy would face a fee of $25,000. For energy…

[ad_1] What is CryptoSlate Alpha? A web3 membership designed to empower you with cutting-edge insights and knowledge, powered by Access Protocol. Learn more › Connected to Alpha Welcome! 👋 You are connected to CryptoSlate Alpha. To manage your wallet connection, click the button below. Important: You must lock a minimum of 20,000 ACS If you…

[ad_1] Quick Take Data from Coinglass shows that Bitcoin is currently facing a challenging month, as it experiences a significant drawdown of over 11.2% in April. So far, this marks the worst-performing month for Bitcoin since August 2023, when it saw a similar drawdown of approximately 11.3%. To find a more severe monthly decline, one…

[ad_1] Crypto exchange OKX finally opened its  Ethereum layer-2 network X Layer mainnet to the general public on April 15. The scaling solution’s testnet was launched in November 2023 to much acclaim and was built with Polygon’s Chain Development Kit (CDK). This toolkit empowers developers to construct their chains using zero-knowledge technology. OKX Chief Marketing Officer Haider…