Tag: Cryptoslate
Blockchain
Solana-based PoW project Ore halts mining, announces version 2
Solana-based proof-of-work project (PoW) Ore has suspended its mining operations immediately, citing network congestion and instability issues The halt follows a remarkable surge in Ore’s
Blockchain
PayPal ends protection for NFT transactions due to industry volatility
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
Blockchain
Exchanges expected to run out of Bitcoin 9 months after halving – Bybit report
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
Blockchain
Binance.US appoints ex-New York Fed chief as board director to boost compliance efforts
Embattled crypto platform BinanceUS 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
Blockchain
Fetch.ai, SingularityNET, and Ocean Protocol’s planned $7.5 billion ASI token to launch in May
The Artificial Superintelligence Alliance (ASI), comprising Fetchai (FET), SingluarityNET (AGIX), and Ocean Protocol (OCEAN), said the highly anticipated ASI token will be launched in May In an
Blockchain
New legislation in Arkansas singles out Bitcoin miners introducing targeted state fee
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
Blockchain
Polkadot eyes $8.8 million sponsorship deal with Lionel Messi’s Inter Miami
The Polkadot community is exploring a substantial $88 million sponsorship opportunity with Lionel Messi’s Inter Miami Football Club This move aims to capitalize on the football club’s
Blockchain
Bitcoin’s April plunge: On track for worst month since August down 11%
Quick Take Data from Coinglass shows that Bitcoin is currently facing a challenging month, as it experiences a significant drawdown of over 112% in April So far, this marks the worst-performing month
Blockchain
Ethereum falls to lowest level against Bitcoin in 3 years amid panic selling
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 00462 BTC on
Blockchain
OKX launches ETH layer-2 network X Layer following Coinbase’s Base success
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
Blockchain
Short-term holders spark Bitcoin sell-off: Over $2 billion shed at loss to exchanges
Quick Take Bitcoin has experienced a notable downturn in recent days It is currently trading around $63,000, approximately 15% below its all-time high The past five days have seen a 10% decline,
Blockchain
BlackRock continued inflows narrow gap: just 37,781 BTC separate IBIT from GBTC
Quick Take Farside data indicates that Bitcoin (BTC) Exchange-Traded Funds (ETFs) experienced an outflow of $367 million on April 15 Notably, Grayscale GBTC recorded an outflow of $1101 million,