CryptoSlate

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Found 245 news

  • Bitcoin’s 8% correction flushed leverage but set stage for short term turbulence
    CryptoSlate - 23:30 Jun 02, 2025
    Bitcoin (BTC) dropped nearly 8% from its May 22 all-time high, near $112,000, ending a 50% climb over 45 days that began on April 7, when BTC reached its yearly low at $74,441.20. According to the June 2 “Bitfinex Alpha” report, a Court of Appeal decision reinstating disputed US import tariffs pushed 30-year Treasury yields […] The post Bitcoin’s 8% correction flushed leverage but set stage for short term turbulence appeared first on CryptoSlate.
    Tags: Bitcoin
  • Ethereum Foundation unites protocol teams to fast-track scaling, blobs and UX overhaul
    CryptoSlate - 22:45 Jun 02, 2025
    The Ethereum Foundation (EF) merged its protocol research and development units under a single banner, called Protocol, on June 2. The new initiative focuses resources on three technical priorities: scaling the base layer, expanding blob capacity for layer-2 networks, and enhancing the user experience. The three-track plan Protocol will steer code writers, researchers, and project […] The post Ethereum Foundation unites protocol teams to fast-track scaling, blobs and UX overhaul appeared first on CryptoSlate.
    Tags: Ethereum Foundation
  • Justin Sun Takes Center Stage at Bitcoin Vegas 2025 with TRON DAO as Top Sponsor of Code + Country and Co-Host of Kraken’s Oceanic Night
    CryptoSlate - 22:11 Jun 02, 2025
    Geneva, Switzerland, June 2, 2025 — TRON DAO, the community-governed DAO dedicated to accelerating the decentralization of the internet through blockchain technology and decentralized applications (dApps), participated in Bitcoin 2025, which took place May 27-29 in Las Vegas. TRON DAO kicked off the week as a top tier sponsor for Code + Country’s America 250 […] The post Justin Sun Takes Center Stage at Bitcoin Vegas 2025 with TRON DAO as Top Sponsor of Code + Country and Co-Host of Kraken’s Oceanic Night appeared first on CryptoSlate.
    Tags: Top Sponsor Oceanic Night KRAKEN Justin Sun Takes Center Stage Country Tron Code Co-Host Bitcoin Vegas
  • Russian giant Sberbank launches Bitcoin bonds to expand Russian exposure to crypto
    CryptoSlate - 22:00 Jun 02, 2025
    Sberbank, Russia’s largest lender, has introduced a new structured bond product offering exposure to Bitcoin (BTC), marking a significant step in integrating cryptocurrency-linked instruments into the country’s regulated financial ecosystem. The product, currently available on the over-the-counter market to a limited pool of qualified investors, allows returns based on the performance of Bitcoin’s US dollar […] The post Russian giant Sberbank launches Bitcoin bonds to expand Russian exposure to crypto appeared first on CryptoSlate.
    Tags: Russian Bitcoin Sberbank
  • Strategy unveils ‘Stride’ stock to fuel fixed-income expansion, boost Bitcoin holdings
    CryptoSlate - 21:15 Jun 02, 2025
    Strategy revealed on June 2 that it will offer 2.5 million shares of its 10% Series A Perpetual Stride Preferred Stock, branded “STRD,” to acquire more Bitcoin (BTC).  The STRD security carries a $100 initial liquidation preference and pays non-cumulative cash dividends at 10% a year when Strategy’s board declares them.  Strategy intends to use […] The post Strategy unveils ‘Stride’ stock to fuel fixed-income expansion, boost Bitcoin holdings appeared first on CryptoSlate.
    Tags: Stride Bitcoin Strategy
  • Tether, Bitfinex complete Bitcoin funding leg for Twenty One Capital with $2B transfer
    CryptoSlate - 20:39 Jun 02, 2025
    Tether and Bitfinex transferred 21,000 Bitcoins (BTC) to designated wallets on June 2, completing their agreed contributions to Twenty One Capital. Tether CEO Paolo Ardoino wrote that Bitfinex sent 7,000 BTC, while Tether Group moved 14,000 BTC.  Furthermore, Tether moved 4,812.22 BTC as prefunding for Twenty One’s convertible-equity raise. The holdings matched a May 13 […] The post Tether, Bitfinex complete Bitcoin funding leg for Twenty One Capital with $2B transfer appeared first on CryptoSlate.
    Tags: Bitcoin Twenty One Capital Bitfinex Tether
  • WLFI’s stablecoin USD1 surpasses $10B in transfers within 10 days of Binance listing
    CryptoSlate - 20:00 Jun 02, 2025
    World Liberty Financial’s stablecoin USD1 surpassed $10 billion in transfer volume just 10 days following its listing on Binance, according to data from Artemis. From May 22 to June 1, the stablecoin traded $10.7 billion in volume, surpassing the total transfers from its inception until May 21. The stablecoin is native to World Liberty Finance, […] The post WLFI’s stablecoin USD1 surpasses $10B in transfers within 10 days of Binance listing appeared first on CryptoSlate.
    Tags: WLFI Binance USD1
  • VanEck warns of brief but critical ‘uncertainty window’ for Bitcoin to adapt to quantum threat
    CryptoSlate - 18:32 Jun 02, 2025
    The largest risk for Bitcoin (BTC) in the event of a quantum computing breakthrough is the potential adaptation window to become resistant, VanEck’s head of digital assets research Matt Sigel wrote in a June 2 post on X. He said banks, tech platforms, and other blockchains face the same cryptographic weakness as Bitcoin does in […] The post VanEck warns of brief but critical ‘uncertainty window’ for Bitcoin to adapt to quantum threat appeared first on CryptoSlate.
    Tags: VanEck Bitcoin
  • Hong Kong-based Reitar Logtech poised for $1.5B Bitcoin plunge to boost logistics expansion
    CryptoSlate - 18:15 Jun 02, 2025
    Nasdaq-listed Reitar Logtech Holdings Ltd. is in advanced talks to acquire up to $1.5 billion worth of Bitcoin (BTC) as part of a strategic treasury diversification initiative aimed at supporting its global logistics technology expansion. According to the June 2 SEC filing, the proposed transaction, involving approximately 15,000 BTC, would be executed through a share […] The post Hong Kong-based Reitar Logtech poised for $1.5B Bitcoin plunge to boost logistics expansion appeared first on CryptoSlate.
    Tags: Bitcoin Hong Kong-based Reitar Logtech
  • Circle boosts IPO amid strong investor interest, eyes $7.2B valuation
    CryptoSlate - 17:15 Jun 02, 2025
    Circle, the company behind the USDC stablecoin, has revised its IPO filing to reflect stronger-than-expected investor demand, according to a June 2 filing with the US Securities and Exchange Commission (SEC). The updated filing shows Circle now plans to issue 32 million Class A shares, up from the previously announced 24 million. It also raised […] The post Circle boosts IPO amid strong investor interest, eyes $7.2B valuation appeared first on CryptoSlate.
    Tags: Circle
  • Silk Road founder receives $31.4M BTC donation after bagging $1.8M in auction
    CryptoSlate - 02:00 Jun 02, 2025
    The founder of the darknet marketplace Silk Road, Ross Ulbricht, received 300 BTC, worth around $31.4 million, in a single donation from an unknown wallet, data from Arkham Intelligence shows.  Ulbricht, who was sentenced to life in prison, received a full and unconditional pardon from U.S. President Donald Trump on January 21. He was released […] The post Silk Road founder receives $31.4M BTC donation after bagging $1.8M in auction appeared first on CryptoSlate.
    Tags: Silk Road
  • Nobel prize-winning economist says ‘stablecoins don’t serve any clearly useful function ’; Coinmetrics co-founder disagrees
    CryptoSlate - 23:49 Jun 01, 2025
    American economist Paul Krugman, who won the Nobel Prize in 2008, believes that stablecoins do not have any practical utility. In a May 30 blog post entitled ‘Digital Corruption Takes Over DC,’ Krugman opined that “stablecoins don’t serve any clearly useful function,” adding: “They [stablecoins] can’t be used to make ordinary purchases, and there’s nothing […] The post Nobel prize-winning economist says ‘stablecoins don’t serve any clearly useful function ’; Coinmetrics co-founder disagrees appeared first on CryptoSlate.
    Tags: Nobel Coinmetrics
  • The crypto industry’s ‘silent partners’, how Talos is quietly fueling institutional adoption
    CryptoSlate - 20:20 Jun 01, 2025
    Welcome to Slate Sundays, CryptoSlate’s new weekly feature showcasing in-depth interviews, expert analysis, and thought-provoking op-eds that go beyond the headlines to explore the ideas and voices shaping the future of crypto. Unlike the Coinbases, Fidelities, and Galaxies of the crypto world that frequently make the headlines, core infrastructure providers quietly building out the rails of […] The post The crypto industry’s ‘silent partners’, how Talos is quietly fueling institutional adoption appeared first on CryptoSlate.
    Tags: Talos
  • IMF asks for urgent clarification from Pakistan over 2,000MW power allocation to Bitcoin mining
    CryptoSlate - 17:00 Jun 01, 2025
    The International Monetary Fund (IMF) wants Pakistan to urgently clarify its plans for allocating power to Bitcoin mining amid the country’s electricity shortages and fiscal problems, according to a local news report. The IMF delegation is expected to hold a separate virtual session with Pakistan’s Finance Ministry to specifically discuss the electricity allocation. Last week, […] The post IMF asks for urgent clarification from Pakistan over 2,000MW power allocation to Bitcoin mining appeared first on CryptoSlate.
    Tags: Pakistan Bitcoin
  • Memecoin investors ‘should not be looking to the SEC for protection,’ Commissioner Hester Pierce says
    CryptoSlate - 15:00 Jun 01, 2025
    Memecoin investors should realize that the U.S. Securities and Exchange Commission (SEC) will not come to their aid if they lose their money, Commissioner Hester Peirce told CNBC on Friday. Peirce, who was appointed by now crypto-friendly President Donald Trump in 2018 and heads the SEC’s newly created Crypto Task Force, noted: “…generally, it’s good […] The post Memecoin investors ‘should not be looking to the SEC for protection,’ Commissioner Hester Pierce says appeared first on CryptoSlate.
    Tags: Commissioner Hester Pierce Memecoin
  • Hyperliquid Bitcoin whale loses $100 million as BTC price falls below $105K
    CryptoSlate - 14:00 Jun 01, 2025
    One of the biggest stories in crypto this week unfolded as a prominent trader on the Hyperliquid decentralized exchange, known as James Wynn, saw nearly $100 million in leveraged Bitcoin positions liquidated after the price of BTC dipped below $105,000. The swift market downturn, triggered in part by new tariff announcements from the United States, […] The post Hyperliquid Bitcoin whale loses $100 million as BTC price falls below $105K appeared first on CryptoSlate.
    Tags: Hyperliquid Bitcoin
  • Jamie Dimon casts doubt on US dollar as global reserve currency
    CryptoSlate - 13:13 Jun 01, 2025
    At the Reagan National Economic Forum in California on May 29–30, JPMorgan Chase CEO Jamie Dimon cast a warning about the future of the U.S. dollar’s dominance as the world’s reserve currency. While acknowledging China as a potential threat, Dimon stressed that the real danger comes from within the United States. “China is a potential […] The post Jamie Dimon casts doubt on US dollar as global reserve currency appeared first on CryptoSlate.
    Tags: Jamie Dimon
  • Conor McGregor doubles down on an Irish strategic Bitcoin reserve, tags Nayib Bukele ‘let’s chat’
    CryptoSlate - 20:29 May 31, 2025
    Former UFC champion and Irish presidential hopeful Conor McGregor is doubling down on his vision for an Irish strategic Bitcoin reserve. On May 30, he took to X to pledge a “decentralised blueprint for sovereignty,” stating that Germany had “dropped the ball,” and promising that “Ireland will not.” He also tagged El Salvador’s president Nayib […] The post Conor McGregor doubles down on an Irish strategic Bitcoin reserve, tags Nayib Bukele ‘let’s chat’ appeared first on CryptoSlate.
    Tags: Bitcoin Nayib Bukele Conor McGregor Irish
  • Making web3 feel human: How smart EOAs are redefining the wallet experience
    CryptoSlate - 15:00 May 31, 2025
    The following is a guest post and analysis from Nanfeng Jie, Lead Product Manager at Trust Wallet. Over the past few years, we’ve seen a clear shift in how people interact with digital assets. More users are choosing self-custody as a deliberate move toward greater control and accountability. This trend is reflected in the rapid […] The post Making web3 feel human: How smart EOAs are redefining the wallet experience appeared first on CryptoSlate.
    Tags: Making EOAs
  • AI can’t scale without trust. Trust starts with the data layer
    CryptoSlate - 10:08 May 31, 2025
    The following article is a guest post and opinion of Johanna Rose Cabildo, Founder and CEO of Data Guardians Network (D-GN). The Illusion of Infinite Data AI runs on data. But that data is increasingly unreliable, unethical and tied with legal ramifications. Generative AI’s growth isn’t just accelerating. It’s devouring everything in its path. OpenAI […] The post AI can’t scale without trust. Trust starts with the data layer appeared first on CryptoSlate.
    Tags: Trust

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