The start of March has been difficult for the cryptocurrency market. In just three days many projects have lost over 5% of the value, with FTX Token (FTT) and KuCoin (KCS) losing 12% and 3%. That being said, not every project is struggling. Orbeon Protocol (ORBN) has outperformed the market, hitting a new high of…
Hedera halts wallet and app access due to possible exploit
Ad Hedera is turning off access to most services, as announced in a tweet on March 9. Hedera is blocking wallet, app access Hedera said that it will turn off network proxies on its mainnet as it investigates irregularities in its smart contracts. This action means that wallets, decentralized exchanges and decentralized apps, and centralized…
Huobi token saw a 90% flash crash, recovery; community blames high sales, market downturn
Ad Huobi, the 17th largest crypto exchange, has seen its native token collapse by 90% in a flash crash during Thursday trading. (Source: Twitter @tier10k) At 3:45 pm, HT was trading at $4.70. By 4:10 pm, it was down to $1.83. By 6:00 pm, it was back up $3.90, 30% lower than it had started…
New feature by H&R Block, CoinTracker automatically adds taxes for crypto trades
Ad CoinTracker, a provider of tax software for cryptocurrencies, is collaborating with H&R Block. The new partnership hopes to assist millions of customers in preparing their income tax returns in Canada, the US, and Australia through an integration that will enable crypto users to benefit from H&R Block’s tax preparation services while using CoinTracker’s specialized…
Biden budget proposal aims to reduce deficit by $74M in 2024 via energy tax on crypto miners
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NYAG sues KuCoin over New York operations
Kucoin Exchange Company in Africa KuCoin is a global cryptocurrency exchange for numerous digital assets and cryptocurrencies which was launched in September 2017, KuCoin has grown into one of the most popular crypto exchanges and already has over 8 million registered users across 207 countries and regions around the world. Known as the “People’s Exchange”, KuCoin operates in Seychelles, providing users with 24/7 multi-language customer services. More about…
Blockchain.com to shutter asset management division
Ad Blockchain.com will discontinue its asset management arm after less than a year of operation, according to a report from Bloomberg on March 9. Blockchain.com will shut down subsidiary Through its asset management division, Blockchain.com offered an investment strategy that tracked the price of Bitcoin against the dollar. It also planned to offer “algorithm-based risk-managed…
Bitcoin loses 21k support, as contagion from Silvergate enters banks, financials sector
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…
Bitcoin miner Hut 8’s shares fall 9% after 2022 financial report
Ad Bitcoin (BTC) mining firm Hut 8’s financial statements for 2022 showed that the miner earned less revenue despite its higher productivity levels, according to a March 9 statement. According to Yahoo Finance data, the miner’s shares declined 8.78% to $1.35 after the announcement. Bitcoin production increased by 28% Hut 8’s BTC production rose 28%…
Bitcoin loses $21k support
Contributor at CryptoSlate Dorian Batycka is a journalist interested in art and technology. He has previously contributed to CoinDesk, Decrypt, Artforum, Artnet News, the Art Newspaper, and many others. He can be found on Twitter and Instagram @temp_projects, where he often memes his way through current financial and art news, scandals, and events.








