Ad Eight out of 10 crypto investors store their digital assets on hot wallets, according to a CoinGecko survey observing crypto storage behavior post-FTX collapse. Meanwhile, seven out of 10 respondents said they held their assets in centralized exchanges — while another three out of 10 said they used cold wallets, according to the survey…
Ad Terraform Labs (LUNA) founder Do Kwon was charged by the U.S. authorities hours after he was arrested in Montenegro on Mar. 23, according to a Financial Times report. Kwon is accused of defrauding crypto customers and is facing eight criminal counts — which include securities, commodities, and wire fraud, as the Financial Times article…
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Ad Thailand-based crypto exchange Zipmex’s $100 million rescue plan has hit a snag as the investor failed to make a $1.25 million payment due on March 23, Bloomberg reported on March 24. Zipmex reportedly said the failed payment could force it to liquidate its technology unit and suspend its payroll. Bloomberg reported that the exchange…
Ad Binance said it has temporarily suspended spot trading on its platform due to an unnamed issue. The crypto exchange tweeted that it knew of an issue impacting spot trading and was working to resolve it soon. The exchange did not provide additional information about the issues. Binance CEO Changpeng ‘CZ’ Zhao described the issue as…
Ad The cryptocurrency market cap saw net inflows of $9.8 billion over the last 24 hours and currently stands at $1.17 trillion — up 0.8% from $1.16 trillion. During the reporting period, the market caps of Bitcoin and Ethereum decreased by 1.2% and 1.7% to $542.1 billion and $218.9 billion, respectively. The top 10 cryptocurrencies…
Disclaimer: By using this website, you agree to our Terms and Conditions and Privacy Policy. CryptoSlate has no affiliation or relationship with any coin, business, project or event unless explicitly stated otherwise. CryptoSlate is only an informational website that provides news about coins, blockchain companies, blockchain products and blockchain events. None of the information you…
Ad Network activity on layer-2 network Arbitrum (ARB) reached a new all-time high of 2.7 million transactions on March 23 — doubling that of the Ethereum (ETH) mainnet. According to Dune analytics data, ETH mainnet processed 1.07 million transactions — while rival layer-2-solution Optimism recorded 228,684 transactions. Arbitrum Daily Transactions (Source: Dune Analytics) On March…
Ad Coinbase has begun its transition to on-chain staking for four cryptocurrency assets, according to an announcement on March 23. Four assets affected, one discontinued Coinbase’s announcement and an attached help page say that customers will “earn rewards from the protocol, not Coinbase” under the new approach. Th firm says that its only role will…
Ad FTX has submitted a motion through which it intends to sell its stake in Mysten Labs, according to a bankruptcy court filing on March 22. The value of the sale is estimated to be more than $96 million. About $95 million of that amount consists of shares, though it also includes $1 million of…