Cybersecurity firm supports Bitcoin ‘mission,’ converts balance sheet to BTC

Another business jumps aboard the Bitcoin bandwagon. Octagon Networks, a global cybersecurity network company with over 20 employees announced on Monday that it had “finished the process of converting its liquid assets... Read more »

Director of Listed Chinese Company Embezzles $8 Million, Uses Funds to Purchase Bitcoin Mining Rigs

A Chinese prosecutor is reported to have given a thumbs up to the arrest of a listed big data company director accused of embezzling $8 million and using the funds to buy... Read more »

SEC legal action over BNB token prompts fears over which altcoin is next

👋 Want to work with us? CryptoSlate is hiring for a handful of positions! The SEC has opened an investigation into Binance to determine whether its BNB token was a security offering... Read more »

Fed forgets long-term dollar devaluation when pricing eggs in BTC

The St. Louis Federal Reserve stirred up a mix of amusement and curiosity from the crypto community on Tuesday, May 7, after publishing a post showing how the cost of eggs in... Read more »

Bitcoin Flashes Buy Signal for the First Time Since January

Key Takeaways Bitcoin has gained nearly 1,650 points in market value since Monday’s open.  The TD Sequential indicator shows a buy signal on BTC’s weekly chart. A sustained close above $33,000 could... Read more »

Lawsuit Claims US Labor Department’s Crypto Guidance Is Unlawful

The U.S. Department of Labor has been sued by a 401(k) plan administrator over its cryptocurrency guidance. “This lawsuit seeks to preserve the rights of American investors to choose how to invest... Read more »

Suspected exploit shuts down Elrond’s Maiar DEX

👋 Want to work with us? CryptoSlate is hiring for a handful of positions! Elrond (EGLD) CEO Beniamin Mincu tweeted about “suspicious activities on the Maiar DEX” on June 6. Investigating a... Read more »

Traders think Bitcoin bottomed, but on-chain metrics point to one more capitulation event

The bull market euphoria that carried prices to new highs throughout 2021 has given way to bear market doldrums for any Bitcoin (BTC) buyer who made a purchase since Jan. 1, 2021.... Read more »

105 Countries Are Exploring Central Bank Digital Currencies, CBDC Tracker Shows

There are now 105 countries that are exploring central bank digital currencies (CBDCs). Among them, 50 countries are in an advanced phase of digital currency exploration (development, pilot, or launch). 105 Countries... Read more »

Solana and Avalanche on Brink of Possible Breakout

Key Takeaways Solana and Avalanche have surged by over 15% Monday. Both Layer 1 tokens are testing vital areas of resistance. Further buying pressure could send SOL to $62 and AVAX to... Read more »