Tag: Cryptoslate
Blockchain
Celsius races to add more collateral to Maker as threat of liquidation looms
Crypto lending firm Celsius has been racing to top up its collateral on Maker to raise its assets’ liquidation price The post Celsius races to add more collateral to Maker as threat of
Blockchain
NYC Mayor plans to ask Governor Hochul to veto crypto mining bill
Eric Adams, the incumbent Mayor of New York City, plans to ask Governor Kathy Hochul to veto a bill looking to impose a two-year ban on Proof-of-Work (PoW), Adams told Crain’s New York Business
Blockchain
Blockworks’ founder claims crypto headed to ‘lifeless’ stage 3 bear market
Blockworks‘ co-founder Jason Yanowitz identified the three stages of a bear market and said we’re currently at stage two, experiencing drastic price falls The post Blockworks’
Blockchain
El Salvador President under fire over $18M loss after Bitcoin tumbles to $23k
El Salvador’s Finance Minister Alejandro Zelaya played down the impact of Bitcoin crashing on the country’s financial health, Reuters reported The post El Salvador President under fire
Blockchain
Cardano launches EVM side chain alpha
Input-Output Hong Kong (IOHK), the parent company for the Cardano blockchain, announced the launch of an Ethereum Virtual Machine (EVM) sidechain alpha on June 12 and added that the sidechain is
Blockchain
Fears of another Terra-UST implosion simmer as Tron’s USDD stablecoin loses dollar peg
Tron’s algorithmic stablecoin, USDD, has raised fears and speculations in the crypto market after its price dipped to $097 and lost its peg to the dollar The post Fears of another Terra-UST
Blockchain
Binance announces withdrawal of support for anonymous Litecoin transactions
Binance has announced that it will not support Litecoin transactions made through the MimbeWimble Extension Blocks function The post Binance announces withdrawal of support for anonymous Litecoin
Blockchain
Terra Founder Do Kwon allegedly voted on his own proposal using one of his secret wallets containing 20 million LUNA
Do Kwon, the founder, and CEO of Terraform Labs, has faced multiple allegations of foul play regarding the collapse of the Terra (LUNC) cryptocurrency and TerraUSD (USTC) stablecoin The post Terra
Blockchain
Terra Founder Do Kwon allegedly voted on his own proposal using one of his secret wallets
Do Kwon, the founder, and CEO of Terraform Labs, has faced multiple allegations of foul play regarding the collapse of the Terra (LUNC) cryptocurrency and TerraUSD (USTC) stablecoin The post Terra
Blockchain
Ethereum mining no longer profitable for many miners as energy prices and ETH dip cause perfect storm
For the first time since 2020, Ethereum mining has become unprofitable for many miners connected to a traditional energy grid The post Ethereum mining no longer profitable for many miners as energy
Blockchain
Lido staking dominance could put Ethereum at risk
Ethereum staking protocol Lido’s dominance of staking has the potential of putting the entire blockchain at risk of a centralized attack when it eventually becomes a proof of stake network, an
Blockchain
Polygon on way to reaching mass adoption with major partnerships
The Ethereum sidechain scaling solution, Polygon (MATIC), is making waves in onboarding major brands into web3 The post Polygon on way to reaching mass adoption with major partnerships appeared
