Tag: Cryptoslate
Blockchain
Polygon’s co-founder warns of deepfake video scam using his likeness targeting startups
Sandeep Nailwal, co-founder of Polygon, has flagged a troubling rise in deepfake scams using his likeness to deceive crypto founders Polygon is one of the largest Ethereum layer-2 networks In a May
Blockchain
BlackRock’s IBIT 20-day inflow streak broken as Bitcoin ETFs see outflows of $96 million
BlackRock’s iShares Bitcoin Trust (IBIT) has broken its 20-day inflow streak, recording no new investor inflows on May 13 This marks the fund’s first zero-flow day since April 14 and comes
Blockchain
Chinese-linked firm raises $300M from private investor to buy TRUMP memecoin
A little-known tech company with ties to China is pledging up to $300 million to purchase Bitcoin and the Trump-themed memecoin TRUMP, according to a May 11 filing with the US Securities and Exchange
Blockchain
Coinbase to launch wrapped XRP, ADA, DOGE, and LTC on Base network
Coinbase is expanding its footprint in the wrapped token space by preparing to release wrapped versions of XRP, Cardano (ADA), Dogecoin (DOGE), and Litecoin (LTC) on its Ethereum Layer 2 network,
Blockchain
VanEck to compete with BlackRock in tokenized US Treasuries race, launching on Ethereum, BNB, Solana, Avalanche
Traditional finance heavyweight VanEck has entered the real-world asset (RWA) arena with the launch of VBILL, a tokenized fund offering exposure to short-term US Treasuries across Avalanche, BNB
Blockchain
Tron strengthens grip on USDT, claiming nearly half of its $150B supply
Tether’s market cap just passed $15066 billion, setting yet another record and extending its dominance over every rival combined Data from DeFiLlama showed USDT expanded by roughly
Blockchain
Curve Finance moves to new domain after DNS attack exposes security risks
Curve Finance is moving permanently to a new web domain following a targeted DNS attack that exposed users to phishing risks On May 13, the DeFi protocol confirmed that it will operate on
Blockchain
Twenty One Capital becomes top Bitcoin holder with $458.7M purchase ahead of public listing
Twenty One Capital has purchased 4,812 Bitcoins (BTC) on May 9 for approximately $4587 million, according to an 8-K Form filed with the US Securities and Exchange Commission (SEC) The acquisition,
Blockchain
US lawmakers warn Treasury on taxing US firms’ unrealized crypto gains
Two US senators have requested that the Treasury Department intervene to prevent the corporate alternative minimum tax (CAMT) interpretation from penalizing US firms for unrealized gains driven by
Blockchain
Crypto liquidity lags behind traditional finance despite market efficiency gains – S&P Global
Liquidity in crypto markets continues to lag behind traditional finance due to fragmentation, technical design differences, and exposure to external shocks, according to a new report from S&P
Blockchain
Fed council warns stablecoins may pose risk to bank deposits and credit capacity
Members of the Federal Reserve’s Community Depository Institutions Advisory Council (CDIAC) raised concerns that nonbank-issued stablecoins could accelerate deposit outflows from traditional banks
Blockchain
Virtuals debuts veVIRTUAL staking to boost rewards for Genesis launchpad users
Virtuals has introduced a new staking mechanism for its native token VIRTUAL, replacing passive holding incentives with a vote-escrowed structure that grants users veVIRTUAL According to a May 13
