What Lido staking dominance may mean for Ethereum’s future

👋 Want to work with us? CryptoSlate is hiring for a handful of positions! Lido DAO token holders have commenced voting to determine whether the DeFi platform should reduce its staking pool.... Read more »

Bitcoin network power demand falls to 10.65GW as hash rate sees 14% drop

The overall power consumption of the Bitcoin (BTC) network recorded a drastic drop after mimicking the two-week-long fall in the mining hash rate, which reduced the commuting power for mining BTC blocks... Read more »

Harmony’s Cross-Chain Bridge Exploited for $100M

Key Takeaways Harmony’s cross-chain bridge Horizon has been exploited for around $100 million in various tokens. The attacker has sold all stolen funds for Ethereum, but is to launder them through a... Read more »

Swiss Regulator Urges Financial Watchdogs to Protect Crypto Investors

Crypto trading is increasingly similar to the U.S. stock market of the late 1920s, the head of the Swiss financial watchdog has remarked. The high-ranking official believes that regulatory agencies around the... Read more »

Singapore’s changed stance on crypto

👋 Want to work with us? CryptoSlate is hiring for a handful of positions! As recently as last year, Singapore was positioning itself to become a global crypto hub. But with the... Read more »

Here’s how pro traders could use Bitcoin options to buy the $20K BTC dip

Bitcoin hit a 2022 low at $17,580 on June 18 and many traders are hopeful that this was the bottom, but (BTC) has been unable to produce a daily close above $21,000... Read more »

Bill Imposing Fines for Illegal Issuance and Exchange of Digital Assets Proposed in Russia

A bill introducing financial penalties for those who illegally issue or exchange digital financial assets has been filed in the Russian parliament. The legislation has been submitted by the sponsor of another... Read more »

MATIC Gets Bullish Boost on Polygon Carbon Neutrality News

Key Takeaways Polygon has partnered with KlimaDAO to offset its carbon emissions. The blockchain startup retired $400,000 worth of carbon credits, equivalent to the MATIC network’s entire carbon debt since its inception... Read more »

CBDC may threat stablecoins, not Bitcoin: ARK36 exec

Central bank digital currencies (CBDC) do not pose any direct threat to cryptocurrencies like Bitcoin (BTC) but are still associated with risks in relation to stablecoins, one industry executive believes. According to... Read more »

Cardano founder steals the show at Congressional hearing on crypto regulation

👋 Want to work with us? CryptoSlate is hiring for a handful of positions! At a U.S. Congressional Committee hearing on June 23, Cardano founder Charles Hoskinson gave his take on the... Read more »