Terraform Labs caught moving $4.8M through shell company

👋 Want to work with us? CryptoSlate is hiring for a handful of positions! It appears that Do Kwon may be in for more legal trouble as allegations arise accusing him of... Read more »

EU Regulator Warns Soaring Inflation Could Drive Investors to Crypto — Calls for Unified Regulatory Framework

Europe’s top securities regulator has warned that soaring inflation could drive investors to cryptocurrencies. Stressing that there is “an imbalance” in how each EU country deals with crypto, the regulator calls for... Read more »

Kava Attempts to Break Out Following Sushi Partnership

Key Takeaways KAVA has jumped by nearly 28.5% over the past 36 hours. The sudden upswing came after the Kava Network announced that it would be welcoming Sushi to its ecosystem. KAVA... Read more »

The more you know about Bitcoin, the more optimistic you are: Block survey

A survey from digital payment company Block Inc. has found that the higher respondents rated their own level of cryptocurrency knowledge, the more optimistic they are about the future of Bitcoin (BTC).... Read more »

UK proposes legislation amendments to regulate stablecoin issuers

👋 Want to work with us? CryptoSlate is hiring for a handful of positions! The collapse of TerraUSD (UST) and its sister token Luna Classic (LUNC) has created an urgency for governments... Read more »

Indian Government Finalizing Crypto Consultation Paper — ‘We Are Looking at a Global Paradigm on Digital Assets’

India’s economic affairs secretary has reportedly revealed that the government’s consultation paper on cryptocurrency is “fairly ready.” He explained that the Indian government is looking at “a global paradigm on digital assets,”... Read more »

Bitcoin price rallies to $32.3K, but three factors could limit its recovery

Bitcoin (BTC) price action has been surprisingly bullish since May 27. Weekends, especially holiday weekends, are notoriously volatile and indecisive, with major whipsaws in price movements being the norm. Even in bull... Read more »

Terra’s New LUNA Token Soars 50% Following Shaky Launch

Key Takeaways Terra’s LUNA jumped 53% today as Binance launched its token airdrop. The new Terra blockchain went live with a LUNA airdrop over the weekend. The fallout from Terra’s historic implosion... Read more »

Bitcoin faces ‘uphill battle’ despite BTC price gaining 35% from $23.8K bottom

Bitcoin (BTC) put in fresh gains overnight into May 31 as the monthly close looked set to seal losses of around 15%. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Asks stack up... Read more »

Turkey Drafting Crypto Bill to Submit to Parliament in Coming Weeks: Report

Turkey is reportedly drafting crypto legislation to be submitted to parliament in the coming weeks. The bill may also impose taxes on some crypto transactions. New Turkish Crypto Legislation Underway Turkey is... Read more »