Bitcoin price drops to lowest since May as Ethereum market trades at 18.4% loss

Bitcoin (BTC) saw further losses on June 12 as thin weekend trading volumes fueled an ongoing sell-off. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Analyst likens risk asset ‘pump’ to 1929 Data... Read more »

Optimism hacker confirms they are whitehat, returns most of stolen funds

đź‘‹ Want to work with us? CryptoSlate is hiring for a handful of positions! Optimism hacker has confirmed they are a whitehat and asked the project developers to share a return address for... Read more »

US Treasury Secretary Yellen Warns Crypto Is ‘Very Risky’ — Unsuitable for Most Retirement Savers

U.S. Treasury Secretary Janet Yellen warns crypto is a “very risky investment,” adding that she would not recommend it to most people who are saving for retirement. However, Yellen noted that Congress... Read more »

Central authorities have demonized privacy — Crypto projects must fight back

Zcash (ZEC), a privacy coin that launched in 2016, unveiled an upgrade to its system on May 31 that will allow users to more easily make private, trustless digital cash payments on... Read more »

BlockFi hires lobbyists to streamline talks with policymakers

đź‘‹ Want to work with us? CryptoSlate is hiring for a handful of positions! Renowned crypto lending platform BlockFi has hired lobbyists from Arnold & Porter Kaye Scholer LLP to work on... Read more »

Bitcoin and banking’s differing energy narratives are a matter of perspective

The Carbon Bankroll Report was released on May 17 as a collaboration among the Climate Safe Lending Network, The Outdoor Policy Outfit and Bank FWD. The collaboration made it possible to calculate... Read more »

Nigerian Court Sentences Crypto Fraudster to One Year in Jail, Accused Given Option to Pay Fine

A Nigerian court has convicted and sentenced a man to one year in prison who is accused of duping an unsuspecting cryptocurrency investor. On its charge sheet, the prosecution said that the... Read more »

Resorts World Las Vegas, Theta Labs partner on composite NFTs offering luxury experiences

đź‘‹ Want to work with us? CryptoSlate is hiring for a handful of positions! Resorts World Las Vegas and Theta Labs have teamed up to release composite NFTs that will offer luxury... Read more »

Coin Center takes US Treasury to court over alleged financial spying

Coin Center, a Washingon, DC-based non-profit blockchain advocacy group, filed a lawsuit against the United States Department of the Treasury for allegedly provisioning an unconstitutional amendment in the controversial infrastructure bill. Coin... Read more »

Bitcoin’s Hashrate Hits an All-Time High Nearing 300 Exahash per Second

While Bitcoin’s mining difficulty was expected to decrease two days ago on June 8, instead the difficulty increased by 1.29% on Wednesday. On the same day, at block height 739,928, Bitcoin’s hashrate... Read more »