Bored Ape Yacht Club loses spot as top NFT collection on OpenSea

👋 Want to work with us? CryptoSlate is hiring for a handful of positions! The Bored Ape Yacht Club (BAYC)collection has dominated the NFT market since its launch in April 2021, spawning... Read more »

Wintermute Makes “Optimistic” Assumption, Loses 20M Tokens

Key Takeaways The Optimism Foundation has revealed that it lost 20 million OP tokens in an incident involving the market-making firm Wintermute. Wintermute had mistakenly provided Optimism with a multi-signature Ethereum address... Read more »

Tether is ‘instrument of freedom’ and ‘Bitcoin onramp,’ says Bitfinex CTO

On a sun-splashed day in the Swiss Alps, the chief technology officer of Bitfinex and Tether, Paolo Ardoino, shed light on the Plan B Lugano strategy, Tether as an onramp into Bitcoin... Read more »

Colombia Takes First Steps Toward Regulating Cryptocurrency Exchanges

The Congress of Colombia has approved a bill that regulates the behavior of cryptocurrency exchanges in the country in its first discussion, taking the first steps to bring clarity to this issue.... Read more »

Community celebrates as Ropsten testnet merge goes live

The Ethereum blockchain recently completed a step toward the long-awaited upgrade that will improve the platform by switching to a proof-of-stake (PoS) consensus. The Ropsten testnet successfully transitioned to PoS in what is... Read more »

FTX trading volume surpasses Coinbase in record month

👋 Want to work with us? CryptoSlate is hiring for a handful of positions! The spot Bitcoin trading volume on FTX has surpassed Coinbase for the first time, hitting $30 billion in... Read more »

Chainlink Targets Double Digits After Staking Roadmap Update

Key Takeaways Chainlink has revealed detailed plans about the implantation of staking rewards.  LINK surged by nearly 20% to hit $9 following the announcement. Further buying pressure could see LINK hit an... Read more »

SEC Probes Binance — BNB Could Be Unregistered Security: Report

The U.S. Securities and Exchange Commission (SEC) is reportedly investigating Binance’s BNB token, which could be an unregistered security. If the cryptocurrency is found to be a security, it could put Binance... Read more »

Gillibrand and Lummis state that most altcoins are securities

Senators Kirsten Gillibrand and Cyntia Lummis believe that most altcoins would likely be considered securities under their proposed new legislation — but confirmed that Bitcoin (BTC) and Ether (ETH) will be classified... Read more »

Cross The Ages: Not another NFT project

👋 Want to work with us? CryptoSlate is hiring for a handful of positions! While the metaverse is still a relatively novel concept, there hasn’t been a shortage of projects capitalizing on... Read more »