GBTC bucks trend, surged 4.5% while BTC remains steady ahead of SEC hearing

Quick Take It looks like pre-positioning for the opening oral arguments of Grayscale’s litigation against the SEC for ETF approval which goes live today, March 7, at 9:30 am ET. CryptoSlate will be reporting the argument live on our website. GBTC was up 4.62% on March 6, while BTCUSD was flat to negative -0.40%. GBTC […]

Meta Reportedly Planning Layoffs This Week Affecting Thousands

It has been speculated that Meta is doing this “to become a more efficient organization.” In its first-ever mass layoff, Meta fired 11,000 employees, in November of last year. A number of crypto winters have come and gone, but none have been as severe as the one in 2022. There were widespread asset price declines, […]

Audius (AUDIO) and Mask Network (MASK) Investors Flock To DPA Token (DPAT) 6

With the growth of decentralization and Web3 technology, projects like DPA Token (DPAT) can distribute ownership and governance to users around the globe allowing them in this case to have a say in what gets built in major African cities, by whom, for whom and where. Continue reading at DailyCoin.

SyncSwap Token Airdrop Guide: Earn money for free!

SyncSwap is one of the first and biggest protocols in the zkSync ecosystem. SyncSwap is a DeFi hub that allows users to trade and deposit liquidity into pools to earn trading fees, all with the same security as the Ethereum mainnet. On 1st March 2023, SyncSwap announced their testnet is live on the zkSync Era […]

Algorand blasted over inaction on ongoing wallet drain hack

ZachXBT blasted Algorand’s failure to “acknowledge” an ongoing wallet drain hack. The self-described “on-chain sleuth” said the Algrorand users had lost millions of dollars in the attack. Yet the project is continuing to drag its feet in helping those affected. “How about you clowns actually acknowledge the on-going attack stealing millions from community members and […]

Tornado Cash Developer Developing Regulatory Compliant “Sequel”

Reading Time: 2 minutesA former Tornado Cash developer is creating an Ethereum mixer which could abide by U.S. regulations Privacy Pools will allow users to separate their withdrawals from illicit ones on-chain, leaving just the illicit ones in place to be sanctioned Ameen Soleimani says that the new tool “allows the community to defend against […]

Cardano Community Reacts to Criticism from Charles Hoskinson, Here’s What Happened

Cardano creator unhappy with lack of attention to upcoming governance update, community reacts

XRP bulls target return to $0.38 on Ripple v. SEC court rulings

XRP is holding its support around $0.37; experts suggest XRP price is preparing for an up move after the SEC-Ripple case resolves. XRP price is slightly up in the last 24 hours after forming a green indecisive Doji on Monday.   This week Ripple got a bullish start as presiding Judge Torres granted and denied motions […]

Bitcoin of America indicted for operating unlicensed kiosks

Bitcoin of America, a Bitcoin technology firm, along with three of its executives, has been indicted for allegedly operating more than 50 unlicensed crypto kiosks in Ohio that knowingly benefited from victims of cryptocurrency scams. The firm is facing charges of money laundering, conspiracy, and other crimes connected to the operation of the kiosks, which […]

DeFi Funding Skyrockets 190% in 2022

Digital asset investment firms invested $2.7 billion in decentralized finance (DeFi) projects in 2022, marking a 190% increase from the previous year, while investments into centralized finance (CeFi) projects dropped by 73% to $4.3 billion. Despite the overall crypto funding figures falling from $31.92 billion to $18.25 billion, DeFi saw a near three-fold increase, potentially […]