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Altcoins have been making substantial gains in recent weeks, with Bitcoin leading the way. On November 15th, Bitcoin reached an intra-day high of $37,400. However, it is not just Bitcoin that is seeing positive price action. Altcoins like DYDX, Solana’s SOL, and Avalanche’s AVAX have all experienced double-digit gains and are chasing new year-to-date highs.
Blockchain security platform Immunefi has recently released a report on the causes of crypto losses in 2022. The report highlights the significant role of Web2 security issues, such as leaked private keys, in contributing to the loss of nearly half of all crypto from Web3 exploits. This article critically analyzes the findings of the report,
Binance, one of the world’s leading cryptocurrency exchanges, recently announced its plans to list 13 new tokens for spot trading and crypto-earning services in Japan. This strategic move, according to a statement shared with CryptoSlate on November 15, will increase Binance’s token offerings from 34 to 47, solidifying its position as the largest platform with
Commerzbank, a prominent German full-service bank, has made history by obtaining a cryptocurrency custody license from national regulators. This marks a significant milestone for Commerzbank as it becomes the first German bank to receive such approval. With the license in hand, Commerzbank can now expand its digital asset offerings and establish a secure platform for
Launchpad XYZ has attracted the attention of crypto venture capitalists who are captivated by its mission to democratize algorithmic trading through its AI solution, Apollo. With over $2 million raised in its presale, investors are eagerly buying into the platform’s vision. Launchpad XYZ aims to make crypto trading accessible to both newcomers and experienced traders
In a recent X (formerly Twitter) post, a dedicated XRP and crypto enthusiast named Krippenreiter unveiled the latest version of the XRP Ledger, showcasing core updates and exciting new functionalities. This upgraded ledger brings forth a range of improvements and enhancements designed to bolster the XRPL ecosystem. Let’s delve into the details of this new
Coinbase, in its monthly outlook report, has highlighted the potential impact of the approval of a spot Bitcoin exchange-traded fund (ETF) on the cryptocurrency market. According to the report, the introduction of these compliance-friendly financial products could extend access to crypto assets to a wider range of investor classes, such as registered investment advisers (RIAs),
Cryptocurrency enthusiasts have a new reason to be excited with the launch of $ETHETF Token. This innovative digital asset is set to capitalize on the potential approval of a spot Ethereum ETF by BlackRock, a renowned fund giant. With a strong debut on the Uniswap decentralized exchange, $ETHETF Token has already gained significant momentum, skyrocketing
Crypto.com, the popular cryptocurrency exchange, has achieved a significant milestone by securing a Virtual Assets Service Provider (VASP) license from the Dubai Virtual Assets Regulatory Authority (VARA). This article explores the implications of this license and highlights the regulatory framework in Dubai that has made it a crypto-friendly jurisdiction. Under its entity CRO DAX Middle
The recent cyberattack on Coin Cloud, a defunct Bitcoin ATM company, has shed light on the alarming vulnerability of user data and raised serious concerns about the physical safety of affected individuals. An anonymous hacking group claims to have infiltrated the personal information of 300,000 Coin Cloud customers, exposing critical details such as social security
The memecoin market is no stranger to volatility and sudden price swings, but the recent downfall of Grok (GROK) has left investors stunned. The token, named after Elon Musk’s artificial intelligence project “Grok AI,” suffered a massive blow when ZachXBT, a well-known blockchain investigator, made a startling allegation on social media. In a November 13th
Ethereum (ETH), the second-largest cryptocurrency, has experienced an extraordinary surge in price over the last month. This surge has been fueled by a bullish market trend and an unexpected involvement from BlackRock, pushing ETH to reach its year-to-date high, surpassing the $2,000 mark, and peaking at $2,139. As indicated by market data provider Kaiko, Ethereum
The world of Web3 gaming is currently undergoing a thrilling and dynamic shift, with the Asia Pacific (APAC) region at the forefront. APAC is home to approximately 40% of the world’s game developers, making it the epicenter of this emerging digital revolution. The United States closely follows APAC, hosting around 30% of the Web3 game
The launch of the ERC-4437 standard at WalletCon in Denver on March 1 was met with much anticipation and excitement. The concept of “smart accounts” promised to revolutionize the user experience on Ethereum Virtual Machine-compatible blockchains by eliminating the need for seed phrases and signing in certain transactions. However, the reality is far from the
The United States Securities and Exchange Commission (SEC) is expected to approve all 12 pending spot Bitcoin exchange-traded fund (ETF) applications by November 17th. This comes after reports that the SEC has a designated period from November 9th to review and potentially approve these applications. However, even if the approvals are granted within this timeframe,
BitgetX, the Hong Kong division of Bitget, has made the surprising announcement that it will not be applying for a Virtual Asset Trading Platform (VATP) license in Hong Kong. Despite operating in the region for the past seven months, BitgetX has decided to immediately cease all trading activities and shut down its operations by December
In recent weeks, the price of NEO experienced a strong rally, driven by the announcement of censorship-resistant sidechains for the NEO network. This development brought utility to NEO’s GAS token, which acts as a means of settlement for transaction fees and powers the new sidechains. As a result, the price of GAS saw a surge
The cryptocurrency market has been buzzing with excitement as Bitcoin (BTC) experienced a significant rise, nearing the $38,000 mark. This surge has sparked fresh hopes of an impending bull run, with experts predicting even higher values in the future. The price of Bitcoin reached an 18-month high on November 9, briefly touching $38,000 before retracing
THORChain, a native asset settlement protocol, has recently gained significant attention and achieved remarkable success in the world of decentralized exchanges. With its native token, RUNE, offering high yields, users have been drawn to THORChain, propelling it to become one of the top players in the market. This article delves into the recent achievements of
In a surprising turn of events, a mysterious wallet orchestrated a massive transfer of 17,895,970 MATIC tokens, equivalent to an astonishing $14.7 million, directly into Coinbase. This unexpected crypto twist shook the digital landscape and sent shockwaves throughout the entire cryptocurrency universe. As a result of this significant transaction volume, the price of MATIC experienced
Binance, once considered the undisputed leader in the centralized crypto exchange market, has experienced a decline in its dominance over the past year, according to a recent report from 0xScope. The report highlights a decrease in Binance’s trading volume and overall market indicators, while highlighting the increasing competition from second-tier exchanges such as OKX. The
MetaMask, the popular Web3 wallet, has recently released a game-changing update targeted specifically at non-fungible tokens (NFTs). This update aims to revolutionize the functionality and user experience surrounding NFTs, introducing new features and improvements that will simplify the management and transfer of these unique digital assets. One of the standout features of MetaMask’s latest update
Former FTX general counsel Can Sun, alongside other ex-FTX executives, is embarking on an ambitious mission to establish a groundbreaking cryptocurrency exchange. Trek Labs, a Dubai-based start-up, has recently obtained a license from the Emirate’s crypto regulator, signaling a fresh start for the individuals determined to rectify the mishaps that led to their previous employer’s
In the last 24 hours, the native token of the cross-chain decentralized exchange THORChain, RUNE, has experienced a staggering 31.5% price increase. This recent surge is just one of many positive developments for RUNE, as the token has witnessed remarkable bullish trends over the past few weeks. On the 14-day and 30-day charts, RUNE has
In a recent interview at the Ripple Swell conference in Dubai, Ripple CEO Brad Garlinghouse criticized the U.S. Securities and Exchange Commission (SEC) for its regulatory strategy towards the crypto industry. Garlinghouse believes that the SEC’s actions have failed to protect investors and have stifled growth in the industry. He calls for a new regulatory
The price of Solana (SOL) has been skyrocketing on various cryptocurrency exchanges, attracting significant attention from investors. According to data from CoinGecko, the average price of SOL on crypto exchanges reached nearly $62 on a Saturday afternoon in the UK. This marked a remarkable increase of over 49% within a seven-day period. Furthermore, Solana has