Tag: Cryptoslate

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Solana launches $100M fund to attract crypto projects from South Korea

Solana Ventures and Solana Foundation have raised a $100 million investment fund for crypto projects in South Korea, weeks after Terra’s network collapse left many crypto projects in the

Optimism Foundation sends $20M to the wrong wallet – OP drops 36%

The Optimism Foundation has issued a statement confirming that 20M OP tokens meant for a liquidity provisioning partner have been sent to the wrong address The post Optimism Foundation sends $20M to

Salesforce trials NFT service amid plunging trading volumes

Bloomberg reported that American cloud-based software company Salesforce is piloting a new non-fungible token (NFT) cloud service for minting, managing, and selling NFTs The post Salesforce trials

Terra’s Anchor protocol users vote to halt ‘earning and borrowing’

Indications have emerged that users of the largest DeFi platform on the Terra network, Anchor Protocol, have voted in favor of a proposal that limits the protocol’s functionality to prevent

Attackers drain $5 million from Osmosis; FireStake Validator admits to exploiting LP bug

On June 7, someone posted a Reddit thread that was later deleted by the forum’s moderator The post Attackers drain $5 million from Osmosis; FireStake Validator admits to exploiting LP bug

ADDX starts recognizing crypto while onboarding accredited investors

ADDX, a Singapore-based private equities platform, has become the first financial institution in the city-state to recognize crypto holdings while verifying investors looking to use its platform,

NY stablecoin issuers Gemini, Paxos have to ensure 100% reserves daily under new guidelines

The NY Department of Financial Services (DFS), which oversees regulated crypto companies in the state, on June 8 released formal guidelines for United States dollar-backed stablecoin issuers The

Cross The Ages: Not another NFT project

While the metaverse is still a relatively novel concept, there hasn’t been a shortage of projects capitalizing on the popularity of decentralized virtual worlds The post Cross The Ages: Not

US DOJ wants more international collaboration to fight crypto crime

The US Department of Justice (DOJ) has called for more international collaboration and sharing of information about crypto crimes to protect investors, businesses, and consumers using digital assets

Japan-based exchanges to change screening method for listing crypto assets

Japan Virtual and Crypto assets Exchange Association (JVCEA) plans to ease its strict screening process for listing new cryptocurrencies after the Japanese government expressed some concerns about

LINK spikes 24% following Chainlink reveal of ‘Economics 2.0’ roadmap

Decentralized oracle protocol Chainlink (LINK) posted details of its long-term goals and new roadmap on June 7, which will take the network to the “Chainlink Economics 2” era The post

Citadel Securities, Virtu Financial team up to create crypto ecosystem

Asset managers Citadel Securities and Virtu Financial are partnering up to create a crypto trading “ecosystem” that will allow retail brokerages to offer crypto-related services to their