Market Updates

Cryptocurrency Blockchain Dogechain Cease and Restored After Critical Bug Perceived

Cryptocurrency Dogechain Blockchain Pause Transactions But Restored Later After Vulnerability Bug Case Key Takeaways Dogechain halted its network for several hours...
Jamie Redman
2 min read

More Than Three-Quarters of Financial Institutions Intend to Use Cryptocurrencies Soon

Ripple is currently one of the leading providers of enterprise blockchain solutions, and this report provides valuable insights into how institutional...
Jamie Redman
2 min read

What are the Cryptocurrency Decentralized Stablecoins? A Guide to Roadmap to Digital Coin

  The Quest for Cryptocurrency Decentralized Stablecoins: A Closer Look At DAI, USDD, FRAX, and RAI Digital Currency Key Takeaways: Stablecoins...
Jamie Redman
9 min read

Stolen 500K DAI Cryptocurrency Coin Moved Through Tornado Cash

Some Hackers Moved $500K DAI Cryptocurrency To Tornado Eroding The Compliance Ban The Treasury Department’s Office of Foreign Assets Control (OFAC)...
Jamie Redman
1 min read

Minecraft No Longer Allows In-Game Transactions of Non-Fungible Tokens

Mojang, the company that owns and operates the popular game Minecraft, has announced that they will not be allowing any in-game...
Jamie Redman
2 min read

Ethereum Posts a Recent Massive Surge in Price

This surge in Ethereum’s price comes as the cryptocurrency prepares to launch its long-awaited update, Ethereum 2.0. The upgrade is designed...
Jamie Redman
2 min read

DAI Interest Rates: How They’re Expected to Change in 2022

The Dai Stablecoin is a decentralized stablecoin that maintains its value through an autonomous system of smart contracts on the Ethereum...
Jamie Redman
6 min read

Interest for Alternative Cryptocurrencies Up as Bitcoin and Ethereum Prices Spike

The market continued its upward momentum today, with Bitcoin and Ethereum leading the charge. The market has been on a tear...
Jamie Redman
2 min read

Investors Prepare to Capitalize on Possible Price Surge of Ethereum

The Ethereum blockchain is about to undergo a major upgrade that has attracted the interest of institutional investors, according to a...
Jamie Redman
1 min read

MakerDAO DAI Stablecoin Cryptocurrency Token Holders Needs To Be Vigilant

DAI stablecoin holders need to be cautious now following the news that the U.S. Treasury Department has imposed sanctions on virtual...
Jamie Redman
2 min read

Digital Currency Bitcoin (BTC) Miner Stronghold Repays $67 Million Worth Mining Rigs to NYDIG Financial Firm

  Bitcoin miner Stronghold has returned 26,200 mining rigs to NYDIG to clear a $67 million debt. The move comes as...
Jamie Redman
1 min read
Cryptocurrency Exchange Broker Genesis CEO Resigned And Cuts 20% of Company's Staff

Decentralized Cryptocurrency Broker Genesis CEO Resigned And Cuts 20% of Company’s Staff

Genesis, a major crypto broker, has announced it is cutting 20% of its workforce and that CEO Michael Moro is stepping...
Jamie Redman
2 min read

Binance Cryptocurrency Exchange Reclaimed $450k Digital Currency Funds From Curve DNS Attack

  Binance announced that it had recovered 83% of the funds stolen in last week’s attack on Curve Finance. Binance, the...
Jamie Redman
1 min read
Decentralized Digital Currency Bitcoin Marked $25K While Shiba Inu Digital Coin Increase By 15%

Decentralized Digital Currency Bitcoin Marked $25K While Shiba Inu Digital Coin Increase By 15%

Bitcoin prices surged on Sunday, reaching $25,000 for the first time in over two months. The rally was led by Shiba...
Jamie Redman
1 min read

MakerDAO Cryptocurrency Stablecoin Considering DAI Coin Depeg From USD

MakerDAO founder Rune Christensen has called for the project to “seriously consider preparing” for a DAI depeg from the US dollar,...
Jamie Redman
2 min read

Cryptocurrency MakerDAO Dai Stablecoin Trending Token Up or Down on Tuesday?

The Content Dai’s technical score of 11 from InvestorsObserver analysis suggests that the token is a weak buy-and-hold investment at this...
Jamie Redman
1 min read

Crypto Exchange Coinbase Top Executives Face Security Compliance Lawsuit Over Public Listing

Coinbase execs are facing a derivative lawsuit from a dissatisfied shareholder over the company’s 2021 stock listing. Key Takeaways A shareholder...
Jamie Redman
2 min read

Cryptocurrency Exchange German Digital Bank Nuri Insolvency Adoption Because of Crypto Winter

  Nuri, a German crypto exchange, has filed for insolvency due to the prolonged bearish market cycle, which has come to...
Jamie Redman
1 min read

Bitcoin Suisse Director Believes the Crypto Market has Found a Floor

👋 Want to work with us? CryptoSlate is hiring for a handful of positions! The crypto market is still a long...
Jamie Redman
1 min read

China’s Alarming Financial Setback and a Bullish US Dollar Means Bitcoin Could Surge Higher

As investors flee traditional markets for safer investments, the price of bitcoin is expected to continue to rise. While some experts...
Jamie Redman
3 min read

Terra Employees Banned from Leaving South Korea

👋 Want to work with us? CryptoSlate is hiring for a handful of positions!   Prosecutors in South Korea have ordered...
Jamie Redman
1 min read

CEO of Axie Infinity Dismiss Insider Trading Allegation

Axie Infinity CEO Trung Nguyen has denied accusations of insider trading, calling them “baseless and false.” Nguyen was accused of transferring...
Jamie Redman
1 min read

Web3 Crypto Startup Variant Gained $450M to Invest in Early Stage Projects

  Variant, a cryptocurrency fund focused on early-stage Web3 startups, has raised $450 million. Variant, a Web3 venture firm, has raised...
Jamie Redman
1 min read

The Cryptocurrency Market Falls Below $1T as Recession Fears Emerge

The crypto market has now dipped below the $1 trillion mark, according to data from CoinMarketCap. Bitcoin makes up a large...
Jamie Redman
3 min read

Web3 Browsers Fast Becoming an Essential Tool for Accessing Decentralized Applications

👋 Want to work with us? CryptoSlate is hiring for a handful of positions! With the rise of blockchain technology, Web3...
Jamie Redman
3 min read

Bitcoin Flagged $1.5K as Tesla Panics and Sells $1B BTC

Bitcoin retraced by $1,500 as Musk’s Tesla sold $936M worth of BTC. The altcoins are also in the red. Bitcoin’s price...
Jamie Redman
1 min read

Crypto Exchange Zipmex Reopens Customers Withdrawals After Confirming Loans Worth $53M to Babel and Celsius

  Zipmex has resumed withdrawals after being questioned by the Thai SEC about its decision to halt them. The exchange has...
Jamie Redman
1 min read

Crypto Startup BlockchainCom Affirms 25% Staff Layoff Due to 3AC Fallout

BlockchainCom has announced that it is laying off 25% of its staff, equivalent to about 150 roles. Most of the layoffs...
Jamie Redman
1 min read

Aave DAO Swapped $1 Million AAVE Token With Balancer

  Aave DAO has executed a $1 million token swap with Balancer for each project’s Treasury coin. The Aave decentralized finance...
Jamie Redman
1 min read

Blockchain Safety Firm DCG and Island Ventures Partnership Closed $90 Million Round

DCG, Castle Island Ventures Lead $90 Million Round in Blockchain Security Firm Halborn, an outlier in a climate where venture capital...
Jamie Redman
1 min read

Zipmex Crypto Exchange Hold Customer Withdrawals Due to Market Volatility

Zipmex, a digital currency exchange, has announced that it is freezing all customer withdrawals due to “volatile market conditions.” Key Takeaways...
Jamie Redman
2 min read

Tesla CEO Elon Musk Sells 75% of Its Bitcoin Holdings Due to Production Challenges

Elon Musk’s Tesla has sold off 75% of its bitcoin, according to the company’s latest earnings report. Tesla’s bitcoin reserves are...
Jamie Redman
1 min read

Amazon.eth ENS Domain was Bid for 1 Million USDC by An Anonymous User

On Tuesday, an anonymous wallet address made an offer of 1 million USDC (a stablecoin pegged to the U.S. dollar) for...
Jamie Redman
1 min read

Marathon Digital Holdings Entered Various Hosting Deals to Reach Its Bitcoin Hash Rate Target

Marathon Digital’s Applied Blockchain data center has provided about 254 megawatts of new hosting capacity for the company’s Bitcoin mining operations....
Jamie Redman
2 min read

ApeCoin Crypto Price Increase by 36% as Otherside Uncover Its Metaverse

ApeCoin Jumps 36% as Otherside Unveils Its Metaverse. ApeCoin has enjoyed a significant spike in buying pressure that coincides with the...
Jamie Redman
2 min read

New Samsung Chip Help Mine Bitcoin 45% More Coherent

Samsung, the tech giant, stated that it is currently working to develop new 3-nanometer(nm), mining chips that are 45% more efficient....
Jamie Redman
2 min read

Tezos Co-Founder: Celsius’ Bankruptcy Is Completely Unsurprising

Celsius’ bankruptcy is not surprising, Tezos co-founder says. Kathleen Breitman, the co-founder of decentralized layer 1 blockchain Tezos, said the Celsius...
Jamie Redman
1 min read

MakerDAO Voted to Add Société Générale to Its Vaults

MakerDAO has voted to integrate Société Générale’s digital asset subsidiary to its vaults. The French multinational investment bank will be able...
Jamie Redman
2 min read

Ethereum Price Jumps 12% as the Merge Approaches

Ethereum surged 12% this weekend as the highly anticipated merge draws nearer. Ethereum is currently trading at around $1,355 and is...
Jamie Redman
2 min read

Wonderland Invest $25M Million of its treasury into Sifu’s Vision Tokens

Wonderland, the popular cryptocurrency community, has voted to invest $25 million of its treasury into Sifu’s Vision. Sifu’s Vision is a...
Jamie Redman
2 min read

US and UK Partnership To Regulate Cryptocurrencies

The US and UK are teaming up to regulate cryptocurrencies. Both parties have recognized the importance of working together to support...
Jamie Redman
1 min read

BlockFi Opposes Claims of Company Being Sold to Cryptocurrency Exchange FTX for $25M

BlockFi CEO Zac Prince has denied a recent report from CNBC that his company is being sold to FTX, a cryptocurrency...
Jamie Redman
2 min read

Bitcoin and Ethereum Assured Big Price Movements Amid Market Volatility

Bitcoin and Ethereum have been among the most volatile assets in the past few months as they continue to search for...
Jamie Redman
2 min read

Crypto Head Funds Betting Against Tether Tried to Short USDT – Tether CTO

Some of the world’s largest crypto hedge funds have been trying to short Tether’s USDT stablecoin, according to Tether CTO Paolo...
Jamie Redman
2 min read

Can Bitcoin Work As A Hedge Against Inflation In A Falling Economy?

Bitcoin’s price is in decline, leaving many Bitcoiners confused. Inflation is currently the highest it’s been in more than 40 years,...
Jamie Redman
6 min read

What is Dai (DAI) Stablecoin and Why Is it the Most Popular DeFi Cryptocurrency

There are many stablecoins out there, but Dai is unique. Dai is an Ethereum based stable coin (ERC-20 token) that aims...
Jamie Redman
4 min read

Crypto Mining Firm Bitfarms Sold 3,000 Bitcoins (BTC) And Adjust Its Holding Strategy

Bitfarms, the Argentine crypto mining giant company based in Canada, announced adjustments to its HODL strategy to improve the company’s liquidity....
Jamie Redman
1 min read

Solend to Pay Users to Vote on a Proposal to Liquidate a Whale Wallet

👋 Want to work with us? CryptoSlate is hiring for a handful of positions!   Solend, a Solana-based lending platform with...
Jamie Redman
4 min read

Crypto Experts Forecast More Turmoil in the Coming Months

👋 Want to work with us? CryptoSlate is hiring for a handful of positions! The cryptocurrency market has been on a...
Jamie Redman
4 min read

Solend Not Going Ahead with Its ’Emergency Power’ Plan

After initially proposing to give itself emergency power to make changes to the protocol without prior community approval, Solend has now...
Jamie Redman
2 min read
Bitcoin Bounce Off Lows After Stock-to-Flow Model Breached In Recent Volatility

Bitcoin Bounce Off Lows After Stock-to-Flow Model Breached In Recent Volatility

Bitcoin, the largest cryptocurrency by market capitalization, has seen its share of volatility in recent weeks. After climbing to new all-time...
Jamie Redman
1 min read