Exploring the top coin movers in the crypto currency markets, including one coin that incorporates unique gamification elements. 2 min read Updated: March 21, 2023 at 2:49 pm Cover art/illustration via CryptoSlate Ad In the last 24 hours, the cryptocurrency Read More
NFT market manipulation? CryptoSlam claims suspicious activity on Blur
Despite its recent success, the journey for Blur to become the biggest NFT marketplace is far from over, and evaluating its current and future success is a complex matter. NFT marketplaces are currently embroiled in fierce competition for customers, with Read More
USDC in circulation fell over 10% since de-peg event
Meanwhile, the largest stablecoin by market capitalization USDT has experienced an 8.7% increase in supply. 2 min read Updated: March 18, 2023 at 1:03 pm Cover art/illustration via CryptoSlate The stablecoin market has seen significant changes over the past few Read More
BlackRock CEO Larry Fink says US is lagging behind in crypto developments
BlackRock CEO Larry Fink said in his annual letter to investors outlining what he contends are the most urgent and rapidly changing developments in crypto and traditional finance. The 9,000-word document, published March 16, touches on everything from the geopolitical Read More
US Banks borrow record-high $164.8B from Fed backstop facilities
During the week ending March 15, two Federal Reserve backstop facilities were utilized by US banks to borrow a total of $164.8 billion. The traditional liquidity backstop for banks, also known as the discount window, saw a record-high borrowing of Read More
A new class-action lawsuit targets YouTube influencers for promoting FTX
A class-action lawsuit led by Edwin Garrison has been filed against “FTX influencers” for their alleged role in promoting a massive crypto fraud totaling over $1 billion in damages. The suit names YouTubers and so-called NFT influencers Kevin Paffrath, Graham Read More
Former FTX CEO Sam Bankman-Fried seeks insurance coverage for legal expenses
Sam Bankman-Fried is seeking the court’s assistance in giving priority to the reimbursement of his legal fees. Sam Bankman-Fried, the CEO of FTX, has been seeking the court’s assistance in prioritizing reimbursing his legal fees. SBF’s lawyers want to get Read More
CNBC host Jim Cramer claims Bitcoin is being “manipulated up”
The Mad Money host made the comment in response to whether recent distresses to traditional banks offer an investment case for Bitcoin. 2 min read Updated: March 14, 2023 at 10:54 am Cover art/illustration via CryptoSlate Ad Despite Bitcoin (BTC) Read More
Binance CEO CZ ‘Banks are a risk to fiat-backed stable coins’ in reaction to SVB, USDC Depegging
Two days ago, CZ shared a news article from 2022 to his 8.2 million Twitter followers, a Tweet linking to an article from Yahoo! Finance stating that Binance had once considered purchasing a bank. Is it time yet? Not sure. Read More
Is the crypto industry in danger? VC Nic Carter says Operation Choke Point 2.0 is well underway
Ad According to venture capitalist and longtime crypto supporter Nic Carter, the recent crackdown on the US crypto industry can be dubbed “Operation Choke Point 2.0.” Carter argues that inter-governmental organizations are working to suffocate and destroy the crypto industry. Read More
SEC Wells Notice, what is it and why more may be coming
Ad On February 21, Paxos halted the issuance of new BUSD tokens after it was given a Wells Notice, a document the SEC provides to entities under investigation. The SEC can issue a Wells Notice to outline the substance of Read More
New feature by H&R Block, CoinTracker automatically adds taxes for crypto trades
The integration will enable crypto users to benefit from H&R Block’s tax preparation services while using CoinTracker’s specialized software. 2 min read Updated: March 9, 2023 at 11:04 pm Cover art/illustration via CryptoSlate Ad CoinTracker, a provider of tax software Read More
Despite 82% drop in quarterly revenue, Bitcoin mining hardware manufacturer Canaan remains optimistic
Ad Canaan, a Chinese manufacturer of application-specific integrated circuit (ASIC) mining machines for Bitcoin, reported an 82% drop in revenue in Q4 2022, according to a filing with the United States Securities and Exchange Commission on March 7. Canaan revenues Read More
Gary Gensler’s connection to Binance uncovered in explosive WSJ report
Ad Explosive new revelations published by the Wall Street Journal claim that Binance and Binance U.S. are more intertwined than previously thought. The report is based on Telegram chats reviewed by the WSJ between 2018-2020, in addition to supplementary interviews Read More
Polygon’s technical lead explains what to expect from zkEVM
Ad The Ethereum ecosystem is set to witness one of the hottest blockchain trends this year, with numerous companies eager to exploit Polygon’s upcoming zkEVM rollup. What are zero-knowledge proofs? Zero-knowledge (ZK) technology is a cryptographic solution reshaping the blockchain Read More
Signature bank now servicing multiple crypto companies in the wake of Silvergate distress
Ad Signature Bank, one of the few federally regulated US banks that has actively courted digital assets, is said to be one of the few banks left standing with news that its competitor, Silvergate, is facing significant stress due to Read More
Record-high digital asset investments in February 2023: CryptoCompare’s Monthly Review
Ad Asset management and risk management are critical components of any investment strategy, and the digital asset space is no exception. With the volatility and complexity of the crypto market, it is essential for investors to monitor their investments and Read More
Yield Farming Sector up 8% according to CryptoSlate data
Ad Yield farming platforms and protocols surged 8% over the last 24 hours, with a total sector market cap now north of $10 billion. What are yield farming coins? The yield farming token sector refers to a subset of the Read More
State of Ukraine’s blockchain industry a year after Russia’s invasion
Ad Following the anniversary of Russia’s invasion of Ukraine war, CryptoSlate takes an in-depth look at the state of Ukraine’s blockchain industry. Between Feb. 23, 2022 – Feb. 23, 2023, $187 million in crypto donations were collected in support of Read More
Tokens fraudulently using the name ChatGPT are scamming investors out of money
Ad With institutional and retail investors both turning their attention to AI last month, AI-related crypto tokens such as Fetch (FET), SingularityNET (AGIX), and Ocean Protocol (OCEAN) saw significant gains throughout January. However, concurrent to those gains has been an Read More