Teahouse Finance raises $5M to combat concentrated liquidity

Teahouse Finance raised $5 million in its recent funding round to solve DeFi’s concentrated liquidity problem, according to its recent funding announcement. The project team recently gave an exclusive interview to CryptoSlate, where they discussed Teahouse Finance’s vision, how it is combatting the concentrated liquidity problem, and what the funding will be spent on. Concentrated…

Bitcoin Inscriptions surge: 200k created in one day – yet demand remains minimal

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Ethereum’s Shanghai and Capella updates drive $17M inflows: CoinShares

Ethereum’s (ETH) Shanghai and Capella — Shapella — updates increased investor confidence, which led to  $17 million worth of inflows into ETH-based investment products during the week of April 17-23, according to CoinShares’ weekly report. Although ETH-based products flourished, the overall crypto investment tools market recorded a $30 million loss during the previous week, as the…

Defying the sell-off: Bitcoin whales accumulate amid massive market volatility

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CryptoSlate wMarket Update: Continued decline sees crypto market cap sink to $1.16T

Since the last wMarket report on Friday, the cryptocurrency market cap saw net outflows of $27.4 billion and currently stands at $1.16 trillion — down 2.3% from $1.18 trillion. Since last Friday, Bitcoin and Ethereum’s’ market caps fell 2.1% and 3.6% to $530.74 billion and $222.12 billion, respectively. Over the last 24 hours, the top…

Bitcoin’s price volatility continues amidst U.S. debt ceiling uncertainty

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KuCoin’s Twitter account hacked – exchange says it will reimburse victims

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Op-ed: Crypto firms should look East for growth opportunities as USD dominance wavers

The following is a guest post from BTSE CEO Henry Liu. Every day it seems there are new headlines highlighting the wavering dominance of the U.S. dollar as the world’s reserve currency. At the same time, U.S. regulators are making it clear that USD-pegged stablecoins aren’t welcome in the world’s largest economy. With the future…