Altcoins

MicroStrategy, Tesla, and other public companies holding Bitcoin face significant impairment losses as Bitcoin (BTC) closed the second quarter below $19,000.MicroStrategy BTC holding down 58%According to Bloomberg News, MicroStrategy could…

According to the tech website CTech, Celsius Network laid off 150 workers in a bid to stay operational.The troubled lending and borrowing platform announced a pause on withdrawals on June 13, citing “extreme market conditions.” In the weeks…

A closely followed crypto analyst says that one large-cap altcoin is showing unique strength in the midst of an ongoing correction in the digital asset markets. Michaël van de Poppe tells his 614,000 followers that Binance Coin…

The Wonderland community has agreed to buy $25 million of Sifu Vision tokens.This is coming months after Sifu was forced to quit his role as Wonderland’s treasury manager over his criminal past.The DeFi protocol passed the governance…

A closely tracked crypto strategist who accurately predicted Bitcoin’s correction below $30,000 says that it’s almost time for BTC to collapse to fresh 2022 lows. Pseudonymous analyst Capo tells his 425,900 Twitter followers that…

The founder of Solend, Rooter, revealed to CryptoSlate what happened behind the scenes while the crypto looked on as it voted to take control of a user’s account in order to liquidate its funds OTC. Ultimately, the decision was reversed,…

CryptoSlate spoke to Nexo co-founder Antoni Trenchev regarding Nexo’s decision to increase insurance to $775 million, its moves to offer aid to struggling crypto firms, and the recent allegations claiming Nexo is in trouble.Trenchev told…

A popular analyst who accurately predicted the recent market downturn is setting new price targets for four major crypto assets. Pseudonymous crypto trader Capo, who back in March sounded the alarm that several top cryptos were…

Alameda Research Ventures surrendered 4,500,000 shares to Voyager for cancellation on June 22, just eight days before Voyager announced it would suspend trading, deposits, and withdrawals on its platform.Further, Alameda entered into an…

Three Arrows Capital (3AC) liquidation court filings show that Deribit was one of the creditors that pushed for the crypto hedge that made the liquidation move, Financial Times reported on July 1.Three Arrows Capital suffered heavy losses…

FTX CEO Sam Bankman-Fried is reportedly turning his attention to the crypto-mining industries with the possibility of acquiring distressed mining firms, Bloomberg News reported.This is coming after FTX reached a deal with BlockFi to extend…

Meta has disclosed plans to discontinue its Novi pilot crypto program by September 1, according to Bloomberg.Per the project’s website, Novi services will no longer be available on its application and WhatsApp.The firm revealed that users…

CryptoSlate hosted an AMA Friday, July 1, to talk about NFTs and digital rights. Joined by the Head of Strategy at Theta Labs, Wes Levitt, renowned artist and founder of AfterOrder, RamonN90, and SolSea founder, Mr.Vito.With the utility of…

Cryptocurrency hacks have been significantly decreasing in numbers since the beginning of the year. According to the latest research from BestBrokers, the industry saw 64 security breaches by mid-June — a sharp decline from last year’s 251…

In a bid to answer the question of where does big venture capital money go to, a new analysis looked at the most recent data on unicorns.The overall number of companies that exceed $1 billion in valuation has doubled in the past year alone,…

Columbia integrated a digital lang registry system built on Ripple‘s XRPL Blockchain into its National Land Agency. The solution was built in a year by the joint efforts of Ripple and its Barcelona-based partner Peersyst…

Effective immediately, Voyager Digital has suspended all activity, including trading, deposits, withdrawals, and rewards. The company’s share price fell 38% following the news, while its native token VGX is down 9%.While trading on the…

Global exchange giant Huobi‘s founder and CEO Leon Li is reportedly looking to sell his more than 50% stake in the company as the exchange struggles on the revenue front after banning Chinese users.EXCLUSIVE: Huobi founder Li Lin is looking…

BlockFi’s CEO Zac Prince on July 1 announced a $400 million credit facility from FTX and the option to purchase the company in its entirety for up to $240 million depending on performance.The statement comes less than 24 hours after CNBC…

Coinbase continues to expand its crypto footprint by extending custodial services support to dozens of altcoins for international customers. In a new announcement, the US-based cryptocurrency exchange says it’s adding 70…