Category: crypto

CryptoSlate Alpha is a web3 membership that provides cutting-edge insights and knowledge powered by Access Protocol. To access paywalled content, users must stake a minimum of 20,000 ACS tokens. By locking ACS tokens with CryptoSlate, users accept the terms and conditions of their digital wallet provider and the Access Foundation.

Altcoins still offer opportunities for ‘easy gains’ but trading is becoming more challenging with the proliferation of new tokens. Stablecoin supply is recovering but below previous levels. Millions of new tokens are flooding the market, making it harder for traders. Republican victory in US elections creates favorable conditions for altcoins.

The Ethena Foundation approved Wintermute’s proposal to overhaul revenue sharing for the Ethena protocol, aiming to benefit staked ENA holders. The changes, expected by the end of November, address a misalignment between sENA holders and revenue growth. Wintermute emphasized the need for better alignment, with the foundation committing to ensuring all revenues exclusively benefit the…

Memecoins have outperformed the overall crypto market with an average return of 103% in the past 30 days. Dogecoin and Pepe saw significant gains, while tokens related to the US elections crashed. Other sectors like ‘store of value’ and smart contract platforms also saw gains, while AI and social tokens performed poorly.

Elon Musk stopped OpenAI from launching an ICO in 2018, fearing it would damage the organization’s reputation. OpenAI co-founders proposed the ICO to address financial struggles, but Musk rejected the idea. The organization later transitioned to a capped-profit model, attracting significant investment. Musk’s lawsuit accuses OpenAI leadership of fraud and Microsoft of distorting the organization’s…

The Hong Kong Monetary Authority (HKMA) has warned the public about foreign crypto firms posing as banks in Hong Kong without proper licenses. Only licensed banks and deposit-taking companies authorized by the HKMA can engage in banking activities in the region. The regulator emphasized the importance of verifying the legitimacy of such entities.

The US Attorney’s Office in Manhattan is reducing its focus on crypto crimes following recent high-profile convictions, including FTX founder Sam Bankman-Fried. The shift was confirmed by Scott Hartman, co-chief of the securities and commodities task force for the SDNY, during a legal conference. This decision comes amid changes in leadership at the office, with…

Investors have withdrawn their appeal in a lawsuit accusing Elon Musk of manipulating Dogecoin prices. The lawsuit claimed Musk used his influence to inflate DOGE value for personal gain, but was dismissed in August. Both sides have agreed to end the legal battle, with Musk’s team also withdrawing a motion for sanctions.

Three small publicly traded companies, Thumzup Media Corporation, Solidion Technology, and Genius Group, are investing in Bitcoin as part of their treasury reserves. These companies are following the lead of industry leader MicroStrategy in incorporating Bitcoin into their financial strategies to benefit from its potential for long-term growth and stability.

Bitcoin miner Greenidge Generation won a legal case against the New York State Department of Environmental Conservation, allowing it to continue operating in the state. The court ruled that the DEC’s denial of Greenidge’s air permit application was legally flawed and arbitrary, ensuring the company’s ability to operate without interruption.