What is CryptoSlate Alpha? A web3 membership designed to empower you with cutting-edge insights and knowledge. Learn more › Connected to Alpha Welcome! 👋 You are connected to CryptoSlate Alpha. To manage your wallet connection, click the button below. Oops…you must lock a minimum of 20,000 ACS If you don’t have enough, buy ACS on…
The Dash blockchain has experienced a multi-hour outage and the network is now waiting for node operators to upgrade their software. Samuel Westrich, CTO of Dash Core Group, said on May 21 that the network experienced a problem while activating v19 of Dash Core. He wrote: “The chain is stalled and currently not producing blocks….
What is CryptoSlate Alpha? A web3 membership designed to empower you with cutting-edge insights and knowledge. Learn more › Connected to Alpha Welcome! 👋 You are connected to CryptoSlate Alpha. To manage your wallet connection, click the button below. Oops…you must lock a minimum of 20,000 ACS If you don’t have enough, buy ACS on…
Pascal Gauthier, the CEO of Ledger, suggested on May 22 that wallet keys stored via Ledger Recover could be disclosed in the event of government sanctions. Subpoenas could reveal user seeds Under Ledger’s new Recover program, user wallet seeds can be “shared” and stored by three different parties. The crypto community recently raised concerns that…
The Philippines Securities and Exchange Commission issued a warning to investors that Gemini is operating its newly launched derivatives exchange without regulatory authorization in the country, Bloomberg News reported on May 22. The watchdog issued an official warning to the exchange on May 18, according to the report. Breaching the country’s securities regulation comes with…
Quick Take Earlier this year, due to the demand for Inscriptions and BRC-20 tokens, Bitcoin miner fees started to explode. This saw a new “flippening” as Bitcoin fees surpassed block rewards for miners. In addition, BRC-20 tokens lost $600 million in market cap within four days, which showed these tokens’ rapid rise and fall. BRC-20…
The volume of stablecoins held on centralized exchanges has fallen below $20 billion—its lowest since April 2021, according to Glassnode data as analyzed by CryptoSlate. According to the chart below, the stablecoin balance across exchanges peaked at over $44 billion in December 2022 when the market was still smarting from FTX’s collapse. However, that figure…
Digital payments platform Strike has integrated dollar-pegged stablecoin Tether’s USDT into its platform. According to a May 22 press statement shared with CryptoSlate, the integration aims to enable fast, safe, and efficient payments for Strike users and further increase the use and adoption of USDT. Strike is a payment platform based on the Bitcoin lightning…
Vitalik Buterin warned in a blog post today that Ethereum’s consensus is fragile and should be used “sparingly” because of the high risk of forks in the chain. Buterin wrote: “There is a natural urge to try to extend the blockchain’s core with more and more functionality, because the blockchain’s core has the largest economic…
Quick Take On this day 13 years ago, the first real-world Bitcoin payment was sent by a programmer buying pizza in exchange for 10,000 coins. With around 2,854,700 Bitcoin in circulation at that time, this set Bitcoin’s total market cap at around 571 large pizzas. The price of one Bitcoin back on May 22, 2010, was…