DeFi trader Vivek Raman, in a Twitter thread, has argued that Ethereum’s (ETH) anticipated Merge would not bring down the network fees as expected by many. The Ethereum Merge is one of the most powerful catalysts in crypto history, and it is quickly approaching As we reach the endgame for ETH under the proof of…
Layer-1 blockchain Solana (SOL) is faced with a class-action lawsuit in California filed by Mark Young, an investor in the token. According to the court filing, the Solana Foundation, Anatoly Yakovenko, Solana Labs, Multicoin Capital, and FalconX profited from the sale of an unregistered security. Mark Young had bought SOL between August and September 2021…
👋 Want to work with us? CryptoSlate is hiring for a handful of positions! Crypto investment products witnessed the largest outflows in its history as $423 million was withdrawn from the space in the week of June 20, according to CoinShares’ weekly report. Most outflows happened on June 17 and are likely responsible for the…
👋 Want to work with us? CryptoSlate is hiring for a handful of positions! Crypto investment products saw $39 million in outflows during the week of June 13, bringing the value of assets under management (AuM) in the industry to $36 billion — its lowest point since February 2021, CoinShares reported. According to the report,…
👋 Want to work with us? CryptoSlate is hiring for a handful of positions! Solana-based DeFi protocol Solend has initiated a new proposal to limit the borrowing on the platform to $50 million per account; this is its third proposal in the last few days as it grapples with liquidity issues. The protocol is looking…
👋 Want to work with us? CryptoSlate is hiring for a handful of positions! Solana-based decentralized finance protocol Solend backtracked on its initial proposal to take over a whale’s wallet by allowing users to vote on whether it should proceed or find another solution. The decision was made after the crypto community extensively criticized its…
👋 Want to work with us? CryptoSlate is hiring for a handful of positions! Input-Output Hong Kong (IOHK), the parent company for the Cardano blockchain, announced the launch of an Ethereum Virtual Machine (EVM) sidechain alpha on June 12 and added that the sidechain is currently available on the testnet. The launch means it will…
👋 Want to work with us? CryptoSlate is hiring for a handful of positions! Solana Ventures and Solana Foundation have raised a $100 million investment fund for crypto projects in South Korea, weeks after Terra’s network collapse left many crypto projects in the country in a state of limbo. The general manager for games at…
👋 Want to work with us? CryptoSlate is hiring for a handful of positions! Solana‘s value fell 12% on June 1 after the network went offline for more than four hours. The outage is the second time such an event has occurred in the last 30 days. The outage was caused by a bug that…
👋 Want to work with us? CryptoSlate is hiring for a handful of positions! Digital assets investments products saw $87 million in inflows during the week of May 23, despite a mostly bearish market sentiment, CoinShares weekly report reveals. Bitcoin sees inflow in bearish market The latest report shows that Bitcoin (BTC) saw $69 million…