Let’s stop trying to be liquidity protocols

After a number of large-scale exploits of bridges, a lot of oxygen is being given to the narrative that cross-chain technology is inherently flawed — that cross-chain interoperability means risk. With an... Read more »

New Brazil bill wants to tokenize mined gold on blockchain

Brazil’s Federal Deputy Joenia Wapichana has proposed a bill to tokenize gold mined in the country via blockchain technology. According to Wapichana, the country should be able to account for gold mining... Read more »

Aave confirms TRM Labs API blocked “dusted” Ethereum wallets

Aave has confirmed that the ban list provided by TRM Labs included Ethereum wallets that had been “dusted” with 0.1 ETH through Tornado Cash. The falsely flagged wallet addresses have now been... Read more »

Binance holds the most amount of Bitcoin on exchanges after roles have reversed with Coinbase

Exchange balance refers to the amount of Bitcoin sitting on exchanges, and it was following a downtrend since January 2022 for both Coinbase and Binance when suddenly Binance’s exchange balance took a... Read more »

Tornado Cash DAO shuts down as it “can’t fight the US” and keep contributors safe

CryptoSlate spoke exclusively with a member of the Tornado Cash team who has been granted anonymity for their own protection and will be referred to as “TC Member” for the sake of... Read more »

Siacoin creator Skynet to keep operating despite announced shutdown

Siacoin’s (SC) parent company, Skynet Labs, has announced that it will shut down operations after failing to raise sufficient funds in its latest funding round. However, this decision will not affect the... Read more »

India’s ED freezes $46 million of Vauld’s funds on money-laundering charges

Singapore-based Crypto Lender Vauld is facing money laundering charges in India after $46.5 million (3.70 billion Indian rupees) was frozen from its local entity, Flipvolt Technology. India’s Enforcement Directorate (ED) confirmed in... Read more »

Coinbase credit ratings lowered by S&P Global on ‘weak earnings,’ competitive risk

Coinbase’s recent quarterly report has led S&P Global Ratings to lower its long-term issuer credit rating to BB from BB+ with a negative outlook. The rating agency said Aug. 11 that “weak... Read more »

A World War could trigger ‘an immense spike’ in Bitcoin price, adoption, Covalent CEO says

Since the outbreak of war in Eastern Europe, Bitcoin and cryptocurrency have featured on both sides of the conflict. In the case of Ukraine, at the start of the war, government officials... Read more »

The Merge is causing a divergence between Ethereum and Bitcoin SOPR

The overall market sentiment is usually determined by looking at long-term market behavior. However, while zooming out can put current market conditions into a much better perspective, sometimes the most solid gauge... Read more »