Category: crypto
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Brand matters more than AUM in crypto investment products
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…
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Coinbase partners with Morpho to introduce Bitcoin-backed loans on Base
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.
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Crypto developer sues DOJ over Biden-era regulatory crackdown
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…
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Telegram malware scams spike 2,000% as crypto investors face new threat
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…
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Tether partners with LayerZero to launch cross-chain stablecoin USDT0
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…
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Analysts believe spot Litecoin ETF likely to be the first altcoin approval as Nasdaq files listing application
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%.
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Swiss state-owned lender PostFinance deepens crypto push with Ethereum staking debut
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…
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Litecoin ETF bid gains traction, lifting prices and trading volume
The potential approval of a Litecoin exchange-traded fund (ETF) has led to price gains for the digital asset. Polymarket bettors estimate a 51% chance of approval by the SEC after Canary Capital amended its S-1 filing. Analysts see this as a positive sign, with Litecoin potentially becoming the next approved coin for an ETF.
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Unknown nation considering Bitcoin as an alternative to traditional bonds, Bitwise CEO reveals
A national government is considering reallocating some of its bond investments into Bitcoin as a hedge against economic instability. Bitwise CEO revealed that they provided information on Bitcoin ETFs to the government. This move reflects a global trend of governments exploring Bitcoin adoption to gain a competitive edge economically and politically.
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Trump reportedly talking to Ripple with interest in XRP, USDC, Solana for US national reserve
President-elect Donald Trump is considering including US-developed digital currencies like Ripple’s XRP and Solana in his proposed national crypto reserve. This aligns with his campaign promise to establish a Bitcoin reserve and support US innovation. However, some insiders caution that this move could weaken Bitcoin’s position in US policy.