MicroStrategy’s shares plunge in massive rout of crypto-related stocks

👋 Want to work with us? CryptoSlate is hiring for a handful of positions! The latest crypto market crash has seen the stocks of crypto-related companies take a sharp dive. Business intelligence company MicroStrategy’s (MSTR) stock led the selloff, plunging 28% in premarket trading today. This is the largest drop in the company’s stock over…

FTX trading volume surpasses Coinbase in record month

👋 Want to work with us? CryptoSlate is hiring for a handful of positions! The spot Bitcoin trading volume on FTX has surpassed Coinbase for the first time, hitting $30 billion in a single month. Tushar Jain, Co-Founder of Multicoin Capital (owners of FTX), shared the below chart highlighting the moment FTX passed Coinbase in…

Salesforce trials NFT service amid plunging trading volumes

👋 Want to work with us? CryptoSlate is hiring for a handful of positions! Bloomberg reported that American cloud-based software company Salesforce is piloting a new non-fungible token (NFT) cloud service for minting, managing, and selling NFTs. The service is titled NFT Cloud and seeks to streamline the NFT experience for consumer brands. Specifically, the…

Terra’s Anchor protocol users vote to halt ‘earning and borrowing’

👋 Want to work with us? CryptoSlate is hiring for a handful of positions! Indications have emerged that users of the largest DeFi platform on the Terra network, Anchor Protocol, have voted in favor of a proposal that limits the protocol’s functionality to prevent future attacks on the network.  1/ Important update on Anchor Protocol…

Report: DEXs on-chain transaction volume surpasses that of CEXs

👋 Want to work with us? CryptoSlate is hiring for a handful of positions! Decentralized exchanges (DEXs) have seen higher on-chain transaction volumes than centralized exchanges (CEXs) since 2020, Chainalysis’ new report reveals. A preview of the State of Web3 Report shows that between April 2021 and April 2022, the on-chain transaction volume of DEXs…

3Commas is crypto trading to a new dimension

Disclosure: This is a sponsored post. Readers should conduct further research prior to taking any actions. Learn more › 👋 Want to work with us? CryptoSlate is hiring for a handful of positions! The growth of the cryptocurrency market into a $2 trillion industry has made crypto trading more appealing. But crypto trading remains quite…

Goblintown boom leaves crypto community confused and divided

👋 Want to work with us? CryptoSlate is hiring for a handful of positions! A mysterious non-fungible token project, Goblintown WTF, is trading at record highs after its recent launch, leaving many to speculate on who is behind the ironic NFT project. The NFT collection launched on May 22 without much fanfare, but its floor…

FTX and Goldman Sachs reportedly in talks over derivatives trading

👋 Want to work with us? CryptoSlate is hiring for a handful of positions! According to a report from Barron’s,  Goldman Sachs is discussing with leading crypto exchange FTX to add some of its derivatives business into its operation. Per the report, Goldman Sachs wants FTX to integrate some aspects of their derivatives businesses, such…

Avalanche’s new proposal wants ApeCoin on its subnet

👋 Want to work with us? CryptoSlate is hiring for a handful of positions! Avalanche is seeking to be the new home for ApeCoin DAO’s APE token and its Otherside metaverse project, according to a proposal submitted by the L1 blockchain platform. Per the proposal, the Otherside metaverse project should be launched on an Avalanche…