CryptoSlate

Found 598 news

  • 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.
  • 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.
  • 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.
  • 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.
  • 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.
  • 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.
  • 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.
  • 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.
  • 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.
  • 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.
  • 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
  • Sui community approves release of $162M in tokens frozen during Cetus hack
    CryptoSlate - 23:15 May 30, 2025
    Validators representing nearly 91% of Sui stake approved an on-chain proposal to release about $162 million seized during last week’s Cetus exploit, allowing the DEX to reimburse users and restore full operations. Cetus said in a social media post that the 48-hour referendum closed on May 29 when more than two-thirds of the network endorsed […] The post Sui community approves release of $162M in tokens frozen during Cetus hack appeared first on CryptoSlate.
    Tags: Cetus
  • Coinbase says FTX repayments could become a $5B market injection
    CryptoSlate - 22:30 May 30, 2025
    Coinbase analysts believe that the $5 billion repayment round initiated by the FTX Recovery Trust could function as a significant injection of liquidity into digital asset markets, potentially influencing trading behavior and asset flows as funds reach affected creditors this week. The FTX Recovery Trust began distributing more than $5 billion in stablecoins on May […] The post Coinbase says FTX repayments could become a $5B market injection appeared first on CryptoSlate.
    Tags: Coinbase
  • Meta shareholders reject Bitcoin treasury bid in landslide vote
    CryptoSlate - 21:45 May 30, 2025
    Meta Platforms shareholders rejected a measure that urged the company to add Bitcoin (BTC) to its $72 billion cash pile, voting 4.98 billion shares against and 3.92 million for at the May 30 annual meeting, as reports surfaced. Abstentions totaled 8.86 million shares, while brokers withheld votes on 204.77 million shares. With fewer than 0.1% […] The post Meta shareholders reject Bitcoin treasury bid in landslide vote appeared first on CryptoSlate.
  • REX pushes ETH and SOL staking ETFs via rare C-Corp as SEC softens stance
    CryptoSlate - 21:10 May 30, 2025
    REX Shares filed an immediately effective prospectus to list two exchange-traded funds (ETFs) that will hold and stake Ethereum (ETH) and Solana (SOL), according to a May 30 filing. Bloomberg ETF analyst James Seyffart highlighted in a social media post that the ETFs introduce a C-corporation structure rarely used in the ETF industry to sidestep […] The post REX pushes ETH and SOL staking ETFs via rare C-Corp as SEC softens stance appeared first on CryptoSlate.
  • Ethereum’s Pectra update meets expectations, edges closer to Fusaka
    CryptoSlate - 20:30 May 30, 2025
    Ethereum Pectra hard fork’s blob capacity enhancement is operating within the thresholds analysts forecast, ethPandaOps said in a May 30 report.  The update, which was initiated via the Ethereum Improvement Proposal 7691 (EIP-7691) on May 7, doubled the default blob count from three to six and lifted the ceiling from six to nine. Blobs are […] The post Ethereum’s Pectra update meets expectations, edges closer to Fusaka appeared first on CryptoSlate.
  • US Treasury sanctions Philippines tech firm over aiding $200 million pig butchering spree
    CryptoSlate - 20:00 May 30, 2025
    The US Treasury Department imposed sanctions on Funnull Technology Inc., a Philippines-based tech firm accused of facilitating hundreds of thousands of online crypto investment scams known as “pig butchering,” which defrauded American victims of over $200 million. The Office of Foreign Assets Control (OFAC) also designated Liu Lizhi, a Chinese national and administrator of Funnull, […] The post US Treasury sanctions Philippines tech firm over aiding $200 million pig butchering spree appeared first on CryptoSlate.
  • Brazilian Méliuz announces $26M share sale to grow Bitcoin treasury, shares drop 7%
    CryptoSlate - 19:30 May 30, 2025
    Brazilian company Méliuz shares traded 7% lower at R$8.20 on May 30 amid the company’s announcement of a primary share sale that could raise roughly $26 million to expand its Bitcoin (BTC) treasury. The cashback and financial services firm filed to issue 17,006,803 new ordinary shares through Brazil’s fast-track “automatic” registration channel for professional investors.  […] The post Brazilian Méliuz announces $26M share sale to grow Bitcoin treasury, shares drop 7% appeared first on CryptoSlate.

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