Ad Online searches for AI crypto coins have declined by over 64% in the past seven days, despite the sector’s market cap being up 15.76% over the same period, according to CryptoSlate data. AI coin searches down Propreitary data from CryptoSlate also indicates that AI crypto global searches for “AI coins” have continued to decline…
Latest Report The SEC vs. Paxos: A deep dive into the implications of the lawsuit and its effects on stablecoins The SEC’s notice to Paxos to stop minting BUSD could have longstanding implications on the crypto market. CryptoSlate’s new report explores the recent and potential consequences of enforcement action against Paxos. Andjela Radmilac · 2…
Ad The introduction of the Ordinals Protocol, which enables the development of Bitcoin-based NFTs, has coincided with significant changes to mempool activity and transaction size, new data by CryptoSlate and Glassnode show. What are Bitcoin Ordinals? The ability to mint non-fungible tokens directly onto Bitcoin’s blockchain with all associated content, such as images and videos,…
Gemini Exchange Company in North America Gemini is a regulated digital asset exchange and custodian that allows customers to buy, sell, store, and stake digital assets in a regulated, secure, and compliant manner. More about Gemini Info Twitter LinkedIn
Ad Glassnode data analyzed by CryptoSlate shows that Bitcoin miners are beginning to enjoy some respite in the current year after struggling in 2022. Bitcoin miner’s holdings decline 12.1% YoY As of Jan. 2022, Bitcoin miners held 36,003 BTC, with mining firms like Core Scientific, Riot, Hut8, Marathon, and Bitfarms holding over 30,000 coins. However, the…
Ad Binance CEO Changpeng “CZ” Zhao, on Feb. 17, described reports that his firm was considering delisting U.S-based crypto projects as “false.” Bloomberg reported Feb. 17 that Binance was reconsidering its relationships with its US business partners, citing a person familiar with the matter, because of the current issues with its partners in the country….
Ad Bankrupt crypto exchange FTX has warned its creditors against patronizing unauthorized debt tokens, including the Justin Sun-backed FTX User Debt Token (FUD). FUD is a debt token issued by Debt DAO with a claim of issuing FTX users’ debt as a bond token. At launch, about 20 million FUD was minted, with plans underway…
Ad Binance.US sent approximately $404 million to a firm managed by Binance CEO Changpeng Zhao, according to a Feb. 16 report from Reuters. That report alleges that Binance.US, under the name BAM Trading, sent millions of dollars from an account at Silvergate Bank to a trading firm called Merit Peak Ltd. Merit Peak names Binance…
Ad Binance has made good on its recent promise to support the stablecoin ecosystem. According to a tweet from Whale Alert, on Feb. 16, Binance purchased nearly 50 million, a stablecoin running on the Ethereum blockchain. The exchange minted nearly 50 million TUSD on Feb. 16. Following the minting, the TRU token, previously linked to…
Ad A new Ordinal minted on the Bitcoin blockchain network, inscription 2042, consists of a one-second audio clip capturing the sound of a wet fart. What are Bitcoin Ordinals? Launched in January by software engineer Casey Rodarmor, Ordinals are essentially a protocol that allows for data to be stored on Bitcoin’s blockchain network. Think NFTs…