Shiba Inu to launch SHI stablecoin, TREAT reward token in 2022

Shiba Inu (SHIB) lead developer Shytoshi Kusama has released a new update for the meme coin community on the plans to launch a stablecoin and reward token. SHI stablecoin According to Kusama,... Read more »

Bitstamp introduces ‘inactivity fee’ to shore up revenue

Crypto exchange Bitstamp has announced it will start charging an inactivity fee of €10 per month from August 1. The fee will not apply to users in the U.S. or those with an... Read more »

India’s crypto tax impacted trading frequency of 83% of traders, says survey

A survey conducted by crypto exchanges WazirX and Zebpay found that 83% of traders believe India’s 30% tax on all cryptocurrency and non-fungible token (NFT) transfers has impacted their trading frequency. The... Read more »

CryptoSlam data shows average NFT sell price down 94% from YTD daily high

CryptoSlam metrics, including global sales volume and average sale price, show that crypto winter has hit the NFT sector hard. Critics of NFT art argue that the drop-off in price and trading... Read more »

Voyager opens withdrawals for transactions submitted prior to suspending trading

Voyager Digital sent out an email to customers announcing that withdrawals processed before the suspension of trading were now being processed. The exchange halted deposits, withdrawals, trading, and rewards on June 30,... Read more »

Coinbase-backed Vauld becomes the latest crypto lender to pause withdrawals

Vauld announced July 4 that it will immediately suspend withdrawals, trading, and deposits on the platform due to volatile market conditions and the impact on key business partners. The statement also mentioned... Read more »

Wonderland community votes to buy $25M of ex-treasury manager tokens

The Wonderland community has agreed to buy $25 million of Sifu Vision tokens. This is coming months after Sifu was forced to quit his role as Wonderland’s treasury manager over his criminal... Read more »

Solend founder reveals what happened behind the scenes during its whale liquidation event

The founder of Solend, Rooter, revealed to CryptoSlate what happened behind the scenes while the crypto looked on as it voted to take control of a user’s account in order to liquidate... Read more »

Nexo claims “smear campaign” ignores its attempts to aid insolvent companies

CryptoSlate spoke to Nexo co-founder Antoni Trenchev regarding Nexo’s decision to increase insurance to $775 million, its moves to offer aid to struggling crypto firms, and the recent allegations claiming Nexo is... Read more »

Crypto hacks are declining in numbers but increasing in damage

Cryptocurrency hacks have been significantly decreasing in numbers since the beginning of the year. According to the latest research from BestBrokers, the industry saw 64 security breaches by mid-June — a sharp... Read more »