Category: crypto
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Hawk Tuah Girl claims no tokens sold as memecoin launch sparks crypto community backlash
Haliey Welch, known as the Hawk Tuah Girl, faced backlash after the launch of her memecoin HAWK on the Solana blockchain. The token quickly rose to a $500 million market cap before plummeting, leading to accusations of unethical practices and insider trading. Legal action and potential challenges loom for Welch and her team.
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Ethiopia’s Bitcoin mining surge now accounts for 2.5% of global hash rate
Bitcoin ETF options are a new tool for risk management and speculation in the market. CryptoSlate’s report explores their role in reshaping institutional crypto trading.
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Cardano’s Hydra shatters 1 million TPS during virtual Doom tournament
Cardano’s Layer-2 protocol Hydra achieved over 1 million transactions per second during a Doom gaming tournament. This milestone demonstrates Hydra’s scalability potential, outperforming competitors like Solana and Ethereum. Despite some criticism, Cardano’s founder Charles Hoskinson defends Hydra’s progress, showcasing its capabilities. The development coincides with Cardano’s market growth, with ADA up over 250% in the…
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New York Mayor Eric Adams has the last laugh as Bitcoin hovers near $100k
CryptoSlate explores the potential impact of Bitcoin ETF options on institutional crypto trading in their latest market report. These options offer a new tool for risk management and speculation in the market, exclusively available via Bitcoin ETFs.
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Congressman French Hill vows to probe banking exclusion of crypto businesses
Rep. French Hill plans to investigate regulators’ alleged efforts to cut off crypto businesses from banking services, expressing concerns raised by industry leaders and Marc Andreessen. This comes as Hill is in contention to lead the House Financial Services Committee. The issue of Operation Choke Point 2.0 and stablecoin regulation were also discussed during a…
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Fed chair Powell views Bitcoin as digital gold, not a dollar competitor
Federal Reserve Chairman Jerome Powell dismissed Bitcoin as a replacement for the U.S. dollar, comparing it to gold as a speculative asset. Despite Bitcoin’s growing market influence, Powell believes it is not a competitor for the dollar but for gold. Fed Governor Waller praised DeFi for offering efficiency to traditional financial instruments.
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Hut 8 to fund Bitcoin reserve plan via $500 million equity offering
CryptoSlate’s latest market report explores Bitcoin ETF options as a new tool for risk management and speculation. The report discusses their role in the market and how they could potentially change institutional crypto trading.
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South Korea’s crypto volumes spike as Woori eyes over $300 million Upbit exit
South Korean venture capital firm Woori Technology is considering selling its 7.22% stake in Dunamu, the parent company of Upbit crypto exchange. The stake is valued at around $300.7 million, potentially yielding over 100 times the original investment. The sale comes amidst a surge in trading volumes in South Korea due to political unrest.
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Trump confirms nomination of Paul Atkins as the new SEC chair Politics 43 mins agoAtkins, a former SEC Commissioner, is a vocal advocate of crypto and innovation in general.
Trump has officially nominated Paul Atkins as the new SEC chair. Atkins, a former SEC Commissioner, is known for his support of crypto and innovation.
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Putin says Bitcoin is inevitable, endorses BTC over US dollar as global reserve currency
Bitcoin ETF options are a new tool for risk management and speculation in the crypto market. CryptoSlate’s market report explores their role and potential impact on institutional crypto trading.