Category: crypto
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A deep dive into the Virtuals ecosystem
Vincent Maliepaard, Marketing Director at IntoTheBlock, discusses the emergence of Web3-based AI Agents powered by Large Language Models (LLMs). These agents can act semi-autonomously, transforming digital interactions and driving a $16 billion tokenized AI agent market. Platforms like Virtuals are key in launching specialized AI agents, but there are concerns about potential threats from malicious…
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How the absence of earnings fuels investor fervor
Shane Neagle from The Tokenist discusses how digital financial platforms have made investing easier, but also riskier. While stocks have barriers to entry, cryptocurrencies do not, leading to a flood of new coins and narratives, often resulting in losses for traders. AI + blockchain projects aim to provide passive income streams.
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a16z retreats from UK as Trump administration revitalizes US crypto scene
Venture capital firm Andreessen Horowitz is scaling back its presence in the UK crypto market to focus on the US under the Trump administration. The firm’s UK office, opened in 2023, is reducing operations, with key personnel moving to the US. Andreessen Horowitz has invested in UK crypto companies but mostly led deals from its…
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Taiwan’s FSC outlines regulatory path for bank-issued stablecoins
Taiwan’s Financial Supervisory Commission plans to allow banks to issue stablecoins to bridge the gap between the New Taiwan dollar and digital currencies. Stablecoins offer stability in volatile markets and enable fast, low-cost transactions. Proposed regulations would ensure FSC approval and strict requirements for issuers and reserve managers.
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BlackRock files for ETF rule change to enable in-kind Bitcoin redemptions
CryptoSlate’s market report analyzes the first year of spot Bitcoin ETFs, covering trends, capital flows, performance metrics, and impact on the crypto market. The report is available exclusively on their platform and discusses 1,100,000 BTC involved in Bitcoin ETFs over the past year.
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Congress probing crypto industry’s ‘systematic’ debanking under Biden regime
The House Committee on Oversight and Government Reform sent letters to crypto firms requesting evidence of being denied banking services. The Blockchain Association praised Rep. James Comer’s leadership in addressing the issue. The investigation aims to determine if regulators are behind the exclusion of crypto businesses from banking services, potentially stifling innovation.
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As Bitcoin stirs, institutions hedge with ETFs and options
CryptoSlate Alpha is a membership program that requires the purchase of a membership NFT using SOL, the native token of Solana. Connecting your Solana wallet is necessary for the purchase. By buying the membership, you agree to the terms and conditions of your wallet provider and the Access Foundation. CryptoSlate is not responsible for your…
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THORChain urgently drops ‘risky’ DeFi features amid $199 million debt
THORChain has suspended Bitcoin and Ethereum withdrawals in its lending and savings programs due to a $199 million liability. The platform’s founder disclosed a pause in validator node activities, halting debt repayments and asset redemptions. Despite disruptions, trading functions are operational. The platform aims to restructure debts for long-term viability.
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Rumble bets on Bitcoin with new creator payment wallet
Video-sharing platform Rumble is introducing a crypto wallet to facilitate payments between users and creators. CEO Chris Pavlovski announced the “Rumble Wallet” will support Bitcoin and Tether. This move is part of Rumble’s larger strategy to incorporate digital assets, including recent Bitcoin acquisitions and a $775 million investment from Tether.
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Noones acknowledges $8 million exploit after ZachXBT raises concerns
Noones, a peer-to-peer crypto marketplace, experienced a security breach resulting in $8 million in losses. The exploit occurred between Jan. 1 and Jan. 2, with questionable transactions on hot wallets totaling $7.9 million across Ethereum, TRON, Solana, and Binance Smart Chain. Funds were funneled through Tornado Cash. CEO confirmed the breach, attributed it to a…