Osmosis Chain Halted After $5M Exchange Exploit

Key Takeaways The decentralized exchange Osmosis has been exploited for around $5 million following the disclosure of a critical bug. The bug allowed malicious users to drain liquidity from the exchange by... Read more »

Ethiopian Central Bank Urges Residents to Stop Engaging in Crypto Transactions

The National Bank of Ethiopia (NBE) has said it does not recognize cryptocurrencies as a legitimate method of payment and that residents must avoid using them. The bank insists the local birr... Read more »

BTC, ETH, BNB, ADA, XRP, SOL, DOGE, DOT, AVAX, SHIB

Bitcoin (BTC) continues to trade in a range with the local tops and bottoms coinciding with increased whale activity in the region, according to on-chain analytics resource Whalemap. The range-bound action in... Read more »

Here’s what to expect as Vasil readies for Cardano roll out

👋 Want to work with us? CryptoSlate is hiring for a handful of positions! Input Output tweeted an update on June 7 regarding the up-and-coming Vasil hard fork. The Cardano devs confirmed... Read more »

Indian Regulator: Crypto’s Decentralized Nature Makes Regulation Challenging

India’s market regulator, the Securities and Exchange Board of India (SEBI), says the decentralized nature of crypto assets makes consumer protection and regulatory enforcement challenging. SEBI on Crypto Regulation The Securities and... Read more »

Crypto-stock trade pairs in the cards as Swyftx inks $1.5B merger with Superhero

Australian crypto exchange Swyftx wants to eventually offer seamless trading between traditional and crypto-asset classes, with its first step being the completion of its $1.5 billion merger deal with online investing platform... Read more »

Bitcoin price recovers $31.5K, but traders say ‘scam’ price action will bring more downside

Bitcoin’s (BTC) short-term price action has been dominated by whipsaws that trigger around the $31,000 to $32,000 level and the June 6 reversal at this point triggered a quick sell-off that pushed... Read more »

Bitcoin Miners May Get Another Break This Week as Network’s Mining Difficulty Is Expected to Drop

Bitcoin miners may catch another break this week as the network’s mining difficulty is estimated to see a reduction tomorrow. Every two weeks Bitcoin’s difficulty adjustment algorithm (DAA) changes, and during the... Read more »

Checkout.com starts offering merchants 24/7 settlements via USDC

👋 Want to work with us? CryptoSlate is hiring for a handful of positions! Checkout.com, an online payment service provider, has rolled out a stablecoin settlement solution using Fireblocks’ new crypto payment... Read more »

Ethereum Primed for Volatility as Price Movements Tighten

Key Takeaways Ethereum has developed a descending triangle on its four-hour chart. If the $1,720 support level continues to hold, Ethereum could appreciate by as much as 25%. Conversely, if Ethereum breaks... Read more »