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  • Alby faces backlash over ‘inactivity fees’ leading to unexpected Bitcoin withdrawals
    CryptoSlate - 16:14 Jun 10, 2025
    Alby, a Bitcoin Lightning Network wallet, is facing mounting criticism after several users reported unexpected withdrawals from their accounts. The deductions, described as inactivity fees, have raised concerns about transparency and custodial risks. Community complaints against Alby The controversy gained traction on June 10 after Yu Xian, co-founder of blockchain security firm SlowMist, disclosed that […] The post Alby faces backlash over ‘inactivity fees’ leading to unexpected Bitcoin withdrawals appeared first on CryptoSlate.
    Tags: Bitcoin Alby
  • 80% of CME crypto futures expire by August
    CryptoSlate - 14:34 Jun 10, 2025
    CME’s Bitcoin futures and options structure has become increasingly condensed and cautious, with the vast majority of notional exposure now expiring within the next four weeks. At the same time, the annualized basis curve has flattened to its narrowest level since April, offering minimal incentive for arbitrage-driven carry trades and limited insight into longer-term market […] The post 80% of CME crypto futures expire by August appeared first on CryptoSlate.
    Tags: August
  • Cardano launches Cardinal to fuse Bitcoin liquidity with DeFi ecosystem
    CryptoSlate - 12:41 Jun 10, 2025
    Cardano has taken a new step in bridging the gap between Bitcoin and decentralized finance by launching Cardinal. This protocol allows the top blockchain network to interact with Cardano’s DeFi ecosystem. Cardano founder Charles Hoskinson highlighted the release on June 9, sharing a post from Roman Pellerin, Chief Technology Officer at Input Output Global (IOG), […] The post Cardano launches Cardinal to fuse Bitcoin liquidity with DeFi ecosystem appeared first on CryptoSlate.
    Tags: DeFi Cardinal Bitcoin Cardano
  • Staked ETH hits new all-time high, capturing 28% of total Ethereum supply amid 9% price surge
    CryptoSlate - 12:38 Jun 10, 2025
    Staked ETH has reached a new all-time high of 34,824,875 ETH. The total represents 28.15% of the Ethereum supply now locked in staking contracts. The validator count stands at 1,088,277, and staking activity is pushing upward after a period of consolidation and a brief decline earlier in the month. Lido remains the leading staking entity, […] The post Staked ETH hits new all-time high, capturing 28% of total Ethereum supply amid 9% price surge appeared first on CryptoSlate.
    Tags: Ethereum Staked
  • RLUSD surpasses $300M supply as Ripple secures UAE backing
    CryptoSlate - 00:00 Jun 10, 2025
    Ripple’s stablecoin RLUSD expanded its circulating supply by 29% in the week ended June 8, adding $72.5 million and closing at $320.6 million. The movement marks the first time the token’s float crossed the $300 million threshold. Additionally, it represents a sixfold increase since the launch of RLUSD on Dec. 17, 2024. Data from Artemis […] The post RLUSD surpasses $300M supply as Ripple secures UAE backing appeared first on CryptoSlate.
    Tags: Ripple RLUSD
  • Bitcoin climbs back to $110k amid sustained corporate, institutional interest
    CryptoSlate - 23:06 Jun 09, 2025
    Bitcoin (BTC) rebounded above $110,000 on June 9, regaining ground lost in last week’s selloff as investors rotated back into digital assets on the back of strong ETF inflows, easing macroeconomic tensions, and renewed optimism across risk markets. The world’s largest crypto reached an intraday high of $110,653 from a daily low of $105,426 earlier […] The post Bitcoin climbs back to $110k amid sustained corporate, institutional interest appeared first on CryptoSlate.
    Tags: Bitcoin
  • ProShares, Bitwise race to launch CRCL ETFs, targeting August debut amid stock price surge
    CryptoSlate - 21:45 Jun 09, 2025
    ProShares Trust and Bitwise each filed preliminary prospectuses with the Securities and Exchange Commission (SEC) on June 6 for exchange-traded funds (ETF) designed to track Circle’s CRCL shares. The ProShares Ultra CRCL ETF is a 2x leveraged product that seeks to deliver twice the daily move in CRCL by utilizing swaps and other derivatives, as […] The post ProShares, Bitwise race to launch CRCL ETFs, targeting August debut amid stock price surge appeared first on CryptoSlate.
    Tags: Bitwise ProShares CRCL ETFs August
  • BiT Global drops Coinbase lawsuit over wrapped Bitcoin delisting
    CryptoSlate - 21:15 Jun 09, 2025
    BiT Global, a crypto custody firm tied to entrepreneur Justin Sun, has voluntarily dismissed its lawsuit against Coinbase over the delisting of Wrapped Bitcoin (WBTC). The move ends a months-long legal dispute that spotlighted growing tensions between centralized exchanges and token custodians as control over key infrastructure becomes increasingly contested. Filed on June 6 in […] The post BiT Global drops Coinbase lawsuit over wrapped Bitcoin delisting appeared first on CryptoSlate.
    Tags: Bitcoin Coinbase BiT Global
  • BlackRock’s IBIT rockets to $70B in 341 days, 5x faster than previous record
    CryptoSlate - 20:30 Jun 09, 2025
    BlackRock’s iShares Bitcoin Trust (IBIT) exchange-traded fund (ETF) crossed $70 billion in assets under management (AUM) on June 6, being the fastest to reach this mark in just 341 trading days.  Bloomberg ETF analyst Eric Balchunas reported the milestone on X, noting that the fund beat the previous speed record of 1,691 days set by […] The post BlackRock’s IBIT rockets to $70B in 341 days, 5x faster than previous record appeared first on CryptoSlate.
    Tags: IBIT BlackRock
  • Visa, Chainlink successfully complete CBDC, stablecoin swap between Hong Kong, Australia
    CryptoSlate - 20:00 Jun 09, 2025
    Visa and Chainlink have completed a key milestone in the Hong Kong Monetary Authority’s (HKMA) e-HKD+ Pilot Programme, successfully testing a cross-border blockchain transaction using central bank digital currency (CBDC) and stablecoins. The trial, conducted in partnership with ANZ, ChinaAMC, and Fidelity International, is one of the first real-world simulations of programmable money being used […] The post Visa, Chainlink successfully complete CBDC, stablecoin swap between Hong Kong, Australia appeared first on CryptoSlate.
    Tags: CBDC Hong Kong Chainlink Visa Australia
  • SEC Chair Paul Atkins backs DeFi, rejects forced intermediaries during latest roundtable speech
    CryptoSlate - 19:15 Jun 09, 2025
    US Securities and Exchange Commission (SEC) Chairman Paul Atkins told the agency’s fifth cryptocurrency roundtable on June 9 that the ability to hold crypto without an intermediary belongs at the core of US law. Atkins opened the “DeFi and the American Spirit” session by linking decentralized (DeFi) finance with the country’s traditions of private property […] The post SEC Chair Paul Atkins backs DeFi, rejects forced intermediaries during latest roundtable speech appeared first on CryptoSlate.
    Tags: DeFi SEC Chair Paul Atkins
  • Paraguay’s presidency swiftly debunks Bitcoin legal tender hoax, confirms X account hack
    CryptoSlate - 18:45 Jun 09, 2025
    The Paraguayan government made an official statement that President Santiago Peña’s verified X account was hacked and published an unauthorized declaration that Bitcoin (BTC) would be made legal tender on June 9. The post also included a false plan to establish a Bitcoin treasury and add $5 million in BTC. The compromised account displayed an image […] The post Paraguay’s presidency swiftly debunks Bitcoin legal tender hoax, confirms X account hack appeared first on CryptoSlate.
    Tags: Bitcoin Paraguay
  • Tether to democratize Bitcoin mining with open-source software debut
    CryptoSlate - 17:57 Jun 09, 2025
    Tether is building a gateway for new players to enter Bitcoin mining by releasing its Bitcoin Mining OS (MOS) as open-source software by the end of 2025, according to CEO Paolo Ardoino. In a June 9 post on X, Ardoino explained that the move will lower barriers for small and independent miners. Tether expects to […] The post Tether to democratize Bitcoin mining with open-source software debut appeared first on CryptoSlate.
    Tags: Bitcoin Tether
  • Strategy buys another 1,045 Bitcoin to push its stash to nearly 3% of supply
    CryptoSlate - 16:24 Jun 09, 2025
    Strategy has acquired an additional 1,045 Bitcoin (BTC) $110.2 million, according to a June 9 filing with the US Securities and Exchange Commission. The purchase occurred between June 2 and June 8 at an average price of $105,426 per coin. Strategy’s total Bitcoin stash now amounts to 582,000 BTC. The company’s average price now stands […] The post Strategy buys another 1,045 Bitcoin to push its stash to nearly 3% of supply appeared first on CryptoSlate.
    Tags: Bitcoin Strategy
  • Argentine Anti-Corruption Office clears President Milei of ethics violation over LIBRA promotion
    CryptoSlate - 01:03 Jun 09, 2025
    Argentina’s Anti-Corruption Office has determined that President Javier Milei did not violate any ethics laws when he promoted the Solana-based LIBRA memecoin in February. In a resolution issued on Friday, the office declared that Milei’s Feb. 14 X post constituted a personal statement rather than an official announcement as a public servant. Therefore, Milei’s post […] The post Argentine Anti-Corruption Office clears President Milei of ethics violation over LIBRA promotion appeared first on CryptoSlate.
    Tags: LIBRA Argentine Anti-Corruption Office President Milei
  • Bitcoin community is divided over Core devs’ statement on transaction relay
    CryptoSlate - 22:59 Jun 08, 2025
    A debate has erupted among the Bitcoin community over a joint statement released by 31 Bitcoin Core developers on June 6. In their statement, the developers argued that while the new transaction relay policy might lead to more non-financial use cases, protecting censorship resistance is one of the core tenets of the blockchain. The developers […] The post Bitcoin community is divided over Core devs’ statement on transaction relay appeared first on CryptoSlate.
    Tags: Bitcoin Core
  • Proof-of-Reserves: Is it applicable to MicroStrategy?
    CryptoSlate - 17:00 Jun 08, 2025
    The following is a guest post and analysis from Shane Neagle, Editor In Chief fromThe Tokenist. On Tuesday, Michael Saylor, the Executive Chairman of MicroStrategy (NASDAQ: MSTR), riled up the Bitcoin part of the internet. At an event adjacent to Bitcoin 2025 conference in Las Vegas, Saylor was asked whether the company (rebranded as Strategy) […] The post Proof-of-Reserves: Is it applicable to MicroStrategy? appeared first on CryptoSlate.
    Tags: Proof-of-Reserves MicroStrategy
  • Bigger than Coca-Cola? If Tether went public, it could reach a $515B valuation
    CryptoSlate - 15:08 Jun 08, 2025
    A recent analysis posted by Artemis CEO Jon Ma has sparked discussion about Tether’s potential market value, suggesting that if the company were to go public, its valuation could reach $515 billion. This figure would place Tether among the world’s largest corporations by market capitalization, ahead of well-known names such as Costco and Coca-Cola. Jon […] The post Bigger than Coca-Cola? If Tether went public, it could reach a $515B valuation appeared first on CryptoSlate.
    Tags: Coca-Cola Bigger Tether
  • Crypto was never about decentralization; It is about Pluralism
    CryptoSlate - 15:00 Jun 08, 2025
    The following is a guest post and opinion from John deVadoss, Co-Founder of the InterWork Alliancez. “Decentralization” is crypto’s all-purpose slogan, yet the word never appears in the 2008 Bitcoin white paper. What Satoshi outlined was narrower and more radical: a peer-to-peer system that swaps institutional trust for publicly auditable cryptographic proof. Trust can be […] The post Crypto was never about decentralization; It is about Pluralism appeared first on CryptoSlate.
    Tags: Crypto Pluralism
  • ‘Come to Dubai, habibi,’ what’s luring crypto companies to the Middle East?
    CryptoSlate - 12:19 Jun 08, 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. One of the main takeaways from TOKEN2049 earlier this year was that the UAE, and Dubai in particular, is the hottest spot (quite literally) […] The post ‘Come to Dubai, habibi,’ what’s luring crypto companies to the Middle East? appeared first on CryptoSlate.
    Tags: Middle East Come Dubai

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