Category: crypto

Coinbase’s Ethereum layer-2 network, Base, has ambitious goals for 2025 including securing $100 billion in assets, onboarding 25,000 developers, attracting 25 million users, and processing 1 billion transactions. It aims to increase blockspace capacity to 250 million gas units per second and position itself as a leader in the blockchain space.

A new Bloomberg report suggests that Trump plans to prioritize crypto through an executive order, influencing agencies and enforcement in digital asset sectors. While some actions can be taken through executive order, others, such as halting litigation or creating a national Bitcoin stockpile, may require Congressional approval. The impact of the order remains to be…

Senator Cynthia Lummis expressed concerns to US authorities about plans to liquidate 69,370 Bitcoins tied to Silk Road and alleged destruction of FDIC material. She questioned the rationale behind the sale, citing potential long-term financial implications. Lummis also criticized USMS’s historical Bitcoin sales, aligning public asset management with national interests.

CryptoSlate Alpha is a membership program that requires a one-time purchase of an NFT using SOL, the native token of Solana. You need to connect your Solana wallet to complete the purchase. By joining, you agree to the terms and conditions of your digital wallet provider and the Access Foundation. CryptoSlate is not responsible for…

Coinbase has partnered with money market Morpho to offer on-chain USD Coin loans backed by Bitcoin. Users can borrow up to $100,000 in USDC by pledging Bitcoin as collateral. The service, processed through the layer-2 blockchain Base, aims to bring traditional financial tools into the crypto market and offers a tax-efficient alternative to selling Bitcoin.

Blockchain developer Michael Lewellen is suing the US Department of Justice for hindering crypto innovation with broad interpretations of money-transmission laws. His non-custodial protocol, Pharos, allows trustless crowdfunding without intermediaries. Lewellen argues that his software is not a money transmitter and criticizes the DOJ’s crackdown on similar protocols. This lawsuit reflects the conflict between regulators…

Scam Sniffer warns of a surge in malware scams on Telegram targeting crypto investors, surpassing traditional phishing methods. The attacks involve infiltrating legitimate communities and luring victims into fraudulent groups. By activating malicious code, attackers can breach wallets and extract sensitive information. Users are advised to exercise caution and use secure wallet solutions to protect…

Tether and LayerZero are collaborating to launch USDT0, a multichain version of the Tether USD stablecoin. The Omnichain Fungible Token standard will enable cross-chain transfers, unifying liquidity and eliminating the need for intermediary bridges. USDT0 will debut on Kraken’s Ink blockchain and aims to expand to other chains. Tether’s market presence continues to grow, despite…

Nasdaq filed a form to list and trade a Litecoin ETF by Canary Capital, seen as the first altcoin-related ETF approval in 2025. Analysts believe there will be a wave of ETF approvals this year, with Bitcoin and Ethereum ETFs already approved in 2024. Litecoin’s price surged by 24%.

Switzerland’s state-owned financial giant, PostFinance AG, has launched an Ethereum staking service, allowing users to earn rewards and strengthen blockchain security. Customers can stake as little as 0.1 ETH with a 12-week lock-up period. The bank plans to expand the service to include more cryptocurrencies in the future, showcasing its commitment to blockchain adoption. This…