The US Treasury Department’s Office of Foreign Assets Control (OFAC) has sanctioned two Iranian nationals accused of orchestrating crypto transactions to help Tehran sell oil in defiance of international restrictions. On Sept. 16, OFAC named Alireza Derakhshan and Arash Estaki Alivand as central figures in a network that moved more than $100 million worth of…
Category: Cryptocurrency
Defiance files for Bitcoin and Ethereum ETF to capture hedge fund arbitrage strategy
Defiance ETFs filed applications for Bitcoin and Ethereum related market-neutral exchange-traded funds (ETFs) called NBIT and DETH that execute a hedge fund arbitrage strategy. Bloomberg senior ETF analyst Eric Balchunas shared the filings on Sept. 16, noting that the funds operate a strategy of buying spot crypto assets while shorting futures contracts to capture premiums….
Bitcoin boost fails to elevate Strategy’s stock valuation
Strategy, the largest public holder of Bitcoin, has expanded its reserves even as the premium on its stock continues to fade. The company revealed on Sept. 15 that it purchased 525 BTC for about $60.2 million, paying an average price of $114,562 per coin. The latest buy pushed Strategy’s 2025 Bitcoin yield to 25.9% and…
Dragonfly’s Haseeb proposes holder scores, crowdsales to replace current airdrop model
Dragonfly managing partner Haseeb Qureshi proposed a reputation system to reward users on token distributions through airdrops. On a Sept. 15 post via X, he shared a reform plan to filter airdrop farmers who dump tokens immediately after launches. Qureshi responded to Aztec CMO Claire Kart’s critique that airdrops “tank your chart” and provide “lazy…
Native Markets secure USDH stablecoin ticker on Hyperliquid
Validators on Hyperliquid have voted to hand the long-reserved USDH ticker to Native Markets, clearing the way for the project to issue the network’s native stablecoin. Native Markets co-founder Max Fiege announced the outcome on Sept. 14, saying HYPE stakers and validator operators supported the proposal. According to him: “Native Markets has been awarded the…
The Bitcoin hashrate hit 1 zetahash per second; ‘how do people still not get it?’
The Bitcoin hashrate crossed an important milestone this week, hitting 1 zetahash per second. That’s 1,000,000,000,000,000,000,000 hashes computed every single second. To put it simply: Bitcoin is more secure and powerful than ever. As macro investor and long-time Bitcoin advocate, Dan Tapiero questioned: “How do people still not get it?” Bitcoin hashrate at an all-time…
Pumpfun launches initiative to become Solana’s ‘hub for successful projects.’ boosts creator earnings 10x
Pump.fun unveiled Project Ascend on Sept. 2, introducing a tiered fee structure designed to increase creator earnings by 10 times while making memecoins more sustainable for long-term growth. The initiative comes as the platform regained market dominance from competitor Bonkfun, according to Blockworks data. The centerpiece of Project Ascend is Dynamic Fees V1, a market…
Millions bet President Donald Trump is NOT DEAD as Polymarket resignation odds stay under 1%
Polymarket contracts price less than a 1% chance that President Donald Trump will resign today, as traders position into a 2 P.M. ET Oval Office announcement reported by multiple outlets citing a White House advisory. The Oval Office announced the planned appearance, though the topic was not disclosed. According to his schedule, Trump spent Labor…
Decentralized exchanges record $1.1 trillion in trading volume as perpetuals drive historic trading month
Decentralized exchanges (DEX) processed a combined $1.15 trillion in spot and perpetual contract volumes during August, marking the first time monthly DEX activity surpassed the $1 trillion threshold. According to DefiLlama data, spot DEX volumes reached $506.3 billion in August, falling just $1.5 billion short of the all-time high of $507.8 billion recorded in January….
All eyes on Trump’s World Liberty Financial WLFI major exchange listings today as USD1 lands on Solana
World Liberty Financial’s governance token, WLFI, will begin trading on some of the world’s largest crypto exchanges later today, marking its first appearance on open markets. Spot trading is scheduled to open on Sept. 1 across major platforms, including Binance, Upbit, Bithumb, Gate.io, KuCoin, OKX, Kraken, Bybit, Bitget, MEXC, BingX, and HTX. Until now, WLFI…
What’s behind XRP’s move to DeFi?
The following is a guest post and analysis from Vincent Maliepaard, Marketing Director at Sentora. 2025 has marked a turning point for XRP, combining explosive price gains with transformative shifts in its core narrative. In July, the token hit an all-time high of $3.58, propelled in part by decisive legal victories. Beyond price action, Ripple’s…
Bitcoin’s red month; why September still shapes the crypto cycle
Bitcoin’s red month is almost here, and as we approach yet another September, is it inevitable that prices will dwindle? Let’s take a look at some of the reasons the ninth month of the year is historically bad for Bitcoin. Why September is historically Bitcoin’s red month Since 2013, September has proven to be a…
Is TON’s DeFi ready to lead a true financial revolution?
The following is a guest post and opinion from Slavik Baranov, CEO at STON.fi Dev. From Gaming Phenomenon to Financial Ambition In 2024, the TON blockchain became one of the most talked-about ecosystems in crypto — not because of a groundbreaking DeFi protocol, but thanks to the meteoric rise of viral tap-to-earn games on Telegram….
Bitcoin is for payments; store of value is ‘just a neat byproduct’: BitVM creator
The debate about Bitcoin as a method of payment versus a store of value is ongoing. With prices consistently above $100k, the relentless push from ETF issuers and Bitcoin treasury companies, and the inevitable institutionalization of the space, using Bitcoin for small payments seems more alien than ever. But is Jack Dorsey right in saying…
Bitfinex-backed Plasma secures EtherFi partnership with $500 million ETH vault integration
Bitfinex-backed Plasma announced a strategic partnership with EtherFi on Aug. 29, positioning the stablecoin-focused neobank as a day-one launch partner for the blockchain’s mainnet beta. EtherFi will transfer over $500 million from its Ethereum (ETH) staking vault to Plasma’s platform, providing liquidity for stablecoin-backed yield strategies. The collaboration integrates EtherFi across Plasma’s DeFi ecosystem, providing…
Crypto loans skyrocket 42% as Tether dominates CeFi lending
Borrowing activity in crypto markets accelerated sharply in the second quarter of 2025, according to new figures from Galaxy Research. The study found that loans backed by digital assets across DeFi protocols climbed to a record $26.47 billion, up 42.1% from the previous quarter. That surge lifted the overall balance of crypto-collateralized loans, including both…
Argentina’s opposition party votes to reopen investigation into President Milei over LIBRA scandal
Argentina’s opposition parties have revived a stalled investigation into President Javier Milei’s role in the LIBRA scandal, seizing on new corruption allegations that have rattled the government just weeks before October’s elections. The commission, first created in April but largely paralyzed by bureaucratic and congressional hurdles, was reactivated on Aug. 28 after leaked recordings implicated…
Ethereum ETFs attract massive $1.83 billion inflows over five days
US-listed Ethereum exchange-traded funds (ETFs) continued their positive momentum on Aug. 27, adding $307.2 million in fresh inflows. According to SoSo Value data, BlackRock’s ETHA accounted for the lion’s share, drawing $262.23 million, representing nearly 85% of the day’s total. Fidelity’s FETH and Grayscale’s ETH contributed $20.52 million and $15.05 million, respectively, while Grayscale’s ETHE…
YZY token aftermath sees 105 traders lose $100k-$1M each in $75M wipeout
Kanye West’s YZY token launch has left 105 traders with significant losses between $100,000 and $1 million each, totaling $26 million in combined losses at an average of $250,000 per wallet. According to data shared by Bubblemaps analysis published on Aug. 27, 70,201 traders interacted with the token, resulting in 51,862 tanking losses. West’s controversial…
Japan’s Metaplanet pursues $880M funding for bold Bitcoin acquisition plan
Japanese Bitcoin treasury company Metaplanet has unveiled plans to raise over JPY 130 billion (equivalent to around $880 million) through an international share sale, with most of the proceeds earmarked for new Bitcoin purchases. The firm disclosed on Aug. 27 that its board approved the issuance of up to 555 million new shares. If shareholders…
MetaMask launches social login feature using Google and Apple accounts for wallet access
MetaMask introduced a social login feature on Aug. 26, allowing users to create and manage crypto wallets using Google or Apple accounts. According to the announcement, the initiative aims to eliminate the complexity of traditional 12-word seed phrases in its latest crypto adoption initiative. The self-custodial wallet service streamlined wallet creation into two steps: signing…
Bitwise aims to debut first US Chainlink ETF
Asset manager Bitwise has applied to launch a spot Chainlink exchange-traded fund (ETF) in the United States, according to an Aug. 26 filing with the Securities and Exchange Commission (SEC). The proposed fund, called the Bitwise Chainlink ETF, would issue shares representing fractional interests in Chainlink held by the trust. These shares are expected to…
Bitcoin consolidates as liquidity flows shift to Ethereum and broader altcoin markets
Bitcoin (BTC) consolidates near current levels as capital inflows extend along the risk curve toward Ethereum and broader altcoins, according to Bitfinex Alpha’s Aug. 25 report. The report noted that the shift represents a measured rotation of institutional liquidity following Bitcoin’s all-time high formation. Bitcoin declined 4.5% from the weekly open on Aug. 18 until…
Six-day outflow streak hits Bitcoin ETFs, ETH turns positive
The last stretch of August has produced a sharp divergence between spot Bitcoin and Ethereum ETFs. Bitcoin ETFs recorded six consecutive days of outflows, draining nearly $2 billion from funds between Aug. 19 and Aug. 22 alone. In contrast, Ethereum ETFs posted two days of inflows after enduring several red sessions, indicating that investor interest…
Bitcoin volatility keeps falling, and that means it’s maturing as an asset class
The world’s number-one crypto is looking more like a mature asset class every day as Bitcoin volatility continues to drop (yes, even as it blasts past all-time highs and promptly retraces its steps). Bitcoin volatility has reached a five-year low Bitcoin has long been regarded as one of the most volatile financial assets; its turbulent…
Bitcoin has ‘died’ no less than 431 times
Who doesn’t love a good obituary? A fitting end to a life well lived. Yet, even the best eulogies in the world lose their shine somewhat when the subject isn’t deceased. According to the latest data from Bitcoin Is Dead, the internet’s most comprehensive database tracking Bitcoin death declarations, the number-one digital asset has ‘died’…
Stop treating tokens like payday buttons — they’re infrastructure
The following is a guest post and opinion from Corey Billington, Co-Founder and CEO at Blubird. Most token launches play out the same way. Founders spend weeks buried in spreadsheets, lawyers churn out disclaimers, and influencers start teasing “TGE soon.” Behind the scenes, though, private round investors are just waiting for cliffs to end so…
Why Wall Street’s old guard still won’t touch crypto
Bitcoin and crypto seem to be on the verge of mainstream adoption, with US spot exchange-traded funds (ETFs) shattering inflow records, Goldman Sachs holding more crypto ETF shares issued by BlackRock than any other institution, and corporate treasuries from Strategy to Bitmine embracing digital assets. However, a recent survey from Bank of America showed three-quarters…
Interpol arrests 1,200 people, seizes over $100M in crypto busts across multiple African countries
Authorities across Africa arrested more than 1,200 suspects and seized nearly $100 million in a sweeping cybercrime operation that dismantled online fraud networks and illegal crypto mining operations, INTERPOL announced on Aug. 22. The three-month crackdown, known as Operation Serengeti 2.0, targeted nearly 88,000 victims across 18 African nations in collaboration with the UK. Investigators…
Ethereum ETFs draw $287 million in inflows after 4 day outflow streak
Ethereum-focused exchange-traded funds saw a notable reversal on Aug. 21 by recording an inflow of $287 million, which ended a four-day streak of investor withdrawals. Farside Investors data showed that the surge was driven primarily by BlackRock’s iShares Ethereum Trust (ETHA), which drew the largest share of inflows at $233.5 million. Fidelity’s FETH followed by…
Coinbase’s Brian Armstrong envisions $1 million Bitcoin by 2030
Coinbase CEO Brian Armstrong has projected that Bitcoin could reach $1 million by 2030, In an Aug. 20 post on X, Armstrong explained that the improved regulatory environment and increasing government adoption are major drivers that would push the top crypto to the historic milestone. According to him: “Regulatory clarity is finally emerging, the US…
US explores radical legal tool to fight overseas crypto thefts
US Representative David Schweikert has introduced legislation granting the President authority to act against crypto criminals operating abroad. The bill, filed as House Resolution (H.R. 4988), invokes the rarely used concept of “letters of marque and reprisal,” which is a legal instrument dating back to maritime warfare. Historically, such letters authorized privateers to attack and…
Wormhole Foundation challenges LayerZero’s $110M Stargate acquisition proposal
Wormhole Foundation (WF) entered the bidding competition for Stargate Finance, challenging LayerZero’s proposed $110 million acquisition. In an Aug. 20 statement via X, WF argued that LayerZero’s offer significantly undervalues the cross-chain bridge protocol. LayerZero Foundation announced its acquisition proposal on Aug. 10, offering to purchase all circulating STG tokens at $0.1675 per token through…
US Bitcoin and Ethereum ETFs face $1 billion outflow amid market dip
Spot Bitcoin and Ethereum exchange-traded funds (ETFs) in the United States recorded nearly $1 billion in combined outflows on Aug. 19, extending a current streak of investor withdrawals. These heavy outflows can be linked to the recent price corrections in the crypto market. According to CryptoSlate’s data, Bitcoin price retraced from recent highs to as…
Brazil to hold first hearing on proposed $19 billion Bitcoin Strategic Reserve
Brazil’s Chamber of Deputies Economic Development Commission will hold its first hearing on Aug. 20 to examine a proposal to establish a Bitcoin Strategic Reserve (RESBit) worth up to $18.6 billion. As Agência Câmara de Notícias reported, the 3 P.M. ET session will gather technical perspectives on Bill 4501/24, which seeks to modernize Brazil’s treasury…
High betas, low correlations: miners break from Bitcoin patterns
Despite its weekend downturn, Bitcoin is up over 22% year-to-date, but public mining companies listed on NASDAQ have struggled to keep pace. The equal-weighted basket of mining stocks has gained just over 12% between Jan. 1 and Aug. 18. However, that underperformance masks a reversal in the past two months, when miners surged more than…
SEC delays decisions on several crypto ETFs amid work on streamlined approval process
The Securities and Exchange Commission (SEC) delayed decisions on nine crypto exchange-traded fund (ETF) applications on Aug. 18. The delays extended review periods for products related to digital assets, spanning Bitcoin, XRP, Litecoin, and Dogecoin. The reason is likely the agency’s work to establish a comprehensive digital asset framework. The postponements affect Truth’s spot Bitcoin…
Qubic’s community backs Dogecoin mining in strategic pivot
The controversial AI-focused crypto project Qubic has suggested it may mine Dogecoin (DOGE), the largest memecoin, after completing its current operations on Monero (XMR), the privacy-focused blockchain network. On Aug. 17, Qubic Network founder Sergey Ivancheglo shared a Discord screenshot showing that the community voted to target Dogecoin for the upcoming mining season. This decision…
BlackRock CEO Larry Fink appointed as WEF interim co-chair
The World Economic Forum (WEF), the influential global convening force for policymakers and industry leaders, has appointed BlackRock CEO Larry Fink as interim co-chair. The move comes hot on the heels of a high-profile internal review that cleared WEF founder Klaus Schwab of wrongdoing and set the stage for a temporary leadership overhaul as the…
what’s really pushing global crypto adoption
The following is a guest post and opinion from Konstantins Vasilenko, Co-Founder and Chief Business Development Officer at Paybis. There is a stark mismatch between the target and actual audience of crypto products. Crypto’s greatest upcomers rarely make an appearance in the news, nor do they enjoy the privilege of extensive localization and optimization efforts…
Bitcoin treasury companies are ‘using gas pipes to fund your electric future’: Analyst
Bitcoin analyst and investor Mark Moss argues that Bitcoin treasury companies are positioning themselves for history’s biggest wealth transfer, following a sophisticated playbook for capturing value and managing volatility. In other words: “using gas pipes to fund your electric future.” Bitcoin treasury companies: history’s most obvious abritrage He compares Bitcoin treasury companies (firms holding large…
Solana trading activity falls 44% in Q2 despite network fundamentals strengthening with rising DeFi adoption
Solana (SOL) trading activity contracted sharply in the second quarter while the network’s core infrastructure metrics strengthened across multiple dimensions. According to an Aug. 15 report by Messari, the total application revenue generated on the network fell 44.2% quarter-over-quarter to $576.4 million from $1.0 billion. Furthermore, average daily spot decentralized exchange (DEX) volume dropped 45.4%…
US authorities raid ransomware operator, seize $2.8M in crypto
The U.S. Justice Department authorized the seizure of more than $2.8 million in cryptocurrency, cash, and other assets from a suspected ransomware operator, according to an Aug. 14 announcement. Federal prosecutors unsealed six warrants tied to Ianis Aleksandrovich Antropenko, charging him with conspiring to commit computer fraud and abuse, committing computer fraud and abuse, and…
SEC pushes decision on spot Solana ETFs to october
The US Securities and Exchange Commission (SEC) has delayed its decision on multiple spot Solana exchange-traded fund (ETF) proposals from Bitwise, 21Shares, and Canary Capital. The regulator announced on Aug. 14 that it requires more time to evaluate the proposed rule changes, extending the review period by the maximum allowable 60 days. In the filings,…
Bessent backtracks, says Treasury committed to ‘exploring budget-neutral pathways’ to add Bitcoin
Treasury Secretary Scott Bessent confirmed the government may still expand its Bitcoin (BTC) holdings on Aug. 14, backtracking remarks made a few hours earlier. Bessent had told reporters during a television interview in the morning that the Strategic Bitcoin Reserve would remain at its current level. He said the reserve would consist of approximately $15…
Ethereum ETFs see $729M boost as ETH price nears all-time high
US-listed spot Ethereum exchange-traded funds (ETFs) notched another historic performance on Aug. 13, attracting more than $729 million in daily inflows. This marks the nine funds seventh consecutive day of positive flows and their second-largest single-day haul since launching last year. Notably, the achievement comes just two days after the Aug. 11 record, when inflows…
Canary Capital register TRUMP memecoin ETF in Delaware in latest altcoin bet
Canary Capital has registered a Trump Coin ETF in Delaware, a move that signals plans to launch a spot exchange-traded fund (ETF) tracking the memecoin. The entity, “Canary Trump Coin ETF,” was incorporated on Aug. 13, according to state records. The registration is typically a precursor to filing an S-1 application with the U.S. Securities…
Why Standard Chartered now sees Ethereum hitting $25,000 within 30 months
Standard Chartered has lifted its year-end price target for Ethereum to $7,500 from $4,000, citing a stronger industry backdrop and new demand from corporate treasuries. Per Reuters, the bank also raised its 2028 projection to $25,000 from $7,500. Ether was trading at about $4,679 on Wednesday, levels last seen in November 2021. The revision marks…
Leveraging AI and crypto to address issues faced by adult content creators
Moxie founder Neonwight outlined the platform’s strategy for combining artificial intelligence (AI) with crypto to create “Sex Capital Markets.” He said the controversial concept was fundamentally about financial inclusivity and unlocking productivity for marginalized creators. He stated in an interview with CryptoSlate: “Adult creators are one of the most marginalized professions in society. Banks refuse…
Norway’s sovereign wealth fund boosts Bitcoin exposure by 192% in 2025
Norway’s sovereign wealth fund, Norges Bank Investment Management (NBIM), has significantly increased its indirect exposure to Bitcoin this year. On Aug. 12, Vetle Lunde, a senior analyst at K33 Research, reported that the firm’s indirect Bitcoin exposure grew by 192% year-on-year to 7,161 BTC (worth approximately $844 million) from the 3821 BTC exposure it had…
Chainlink launches on-chain strategic LINK reserve to boost long-term network saustainability
Chainlink has introduced the Chainlink Reserve, a new onchain treasury designed to accumulate its native token LINK using revenue from both enterprise clients and blockchain services. The initiative aims to support the long-term sustainability of the Chainlink Network by converting off-chain and on-chain payments into LINK through its recently expanded Payment Abstraction infrastructure. In its…
US Bitcoin miners face 21% rig cost surge after Trump’s tariff goes live
A 100% tariff on imported semiconductors, formally enacted by the Trump administration on August 7, is reshaping the economics of crypto mining in the United States. The tariff, which targets chips made outside the U.S., threatens to increase the cost basis for miners already facing pressure from the April halving and ongoing network difficulty spikes….
Nomura’s Laser Digital secures regulatory greenlight to launch OTC desk for crypto options in UAE
Laser Digital, a digital asset subsidiary of Japanese banking giant Nomura, has secured the first limited license to offer over-the-counter crypto derivatives under the Virtual Asset Regulatory Authority’s (VARA) Pilot Regime, the company announced Wednesday. Laser Digital is the first firm authorized to provide institutional-grade crypto options directly to clients under the VARA framework, marking…
Bitcoin and Ethereum traders lean bearish for August
Crypto traders are preparing for potential price declines in Bitcoin (BTC) and Ethereum (ETH) this August, with options data from Derive.xyz showing a clear tilt toward bearish positioning. Bitcoin bearish sentiment According to data shared with CryptoSlate, open interest in Bitcoin put options with an Aug. 29 expiry date is nearly five times higher than…
Public Bitcoin treasuries step in with $552M buys amid $1.25B ETF outflows
Publicly listed Bitcoin (BTC) treasury companies bought $552 million worth of BTC while holders divested exchange-traded fund (ETF) shares between July 31 and August 4. According to Farside Investors’ data, US-traded spot Bitcoin ETFs registered $1.25 billion in outflows between July 31 and August 4. At the same time, data from Bitcoin Treasuries highlighted that…
Chainlink launches real-time US equities data streams on 37 blockchains
Chainlink has introduced a new product called Data Streams, which delivers live pricing data for major US equities and exchange-traded funds (ETFs) directly onto blockchain networks. According to an Aug. 4 statement, Data Streams is designed to offer live, low-latency data on major US stocks and ETFs, including popular assets like SPY, QQQ, NVDA, AAPL,…
Peter Thiel-backed Bullish seeks $4.2B IPO amid policy shifts in the US
Bullish, the institutional crypto exchange backed by tech billionaire Peter Thiel, is targeting a valuation of up to $4.23 billion in its U.S. initial public offering, according to a regulatory filing submitted on Aug. 4. The company is offering 20.3 million shares priced between $28 and $31, potentially raising as much as $629.3 million, Reuters…
Justin Sun Makes History as Youngest Chinese Commercial Astronaut with Blue Origin’s NS-34 Spaceflight
Disclosure: This is a sponsored post. Readers should conduct further research prior to taking any actions. Learn more › Geneva, Switzerland – August 3, 2025 – Justin Sun, founder of TRON, successfully completed a historic journey to space aboard Blue Origin’s 14th human spaceflight and the 34th flight for the New Shepard program. With the…
Anonymous creators, storybook slumbers, and a Marvel-style villian: Luckycoin’s stranger-than-fiction journey
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. Hands up if you’ve heard of Luckycoin. If it sounds familiar, you’re either an industry OG since the days of the Silk Road and…
predicts BTC to test $100K after NFP print
Arthur Hayes is once again sounding the alarm on a greater shakeup in the crypto market after worse-than-expected data from the U.S. Non-Farm Payrolls (NFP) jobs report sparked downside volatility in both traditional and digital markets. Despite his reputation as a long-term crypto bull, Hayes has recently moved assets and cash, preparing for further volatility…
$916M Revenue and $81B USDT Supply in H1 2025
Disclosure: This is a sponsored post. Readers should conduct further research prior to taking any actions. Learn more › Geneva, Switzerland – August 1, 2025 – CryptoRank, Messari and Nansen, leading platforms in blockchain research and analytics, have released comprehensive reports highlighting the TRON network’s exceptional performance throughout the first half of 2025. These independent…
Sanctioned nations are secretly mining Bitcoin and the clues are in the hash rate
HIVE Digital co-founder Frank Holmes stated this week that several sanctioned nations are actively mining Bitcoin (BTC) in secret, turning to the crypto as an alternative revenue stream in the face of U.S. financial restrictions. Holmes made the claims during a recent interview with the Roundtable. He tied a recent drop in global mining difficulty…
Altcoins lead crash as $751M liquidated in last 24 hours as Bitcoin falls to July low
Bitcoin fell below $115,000 on August 1, reaching its lowest level since July 11 after a sustained period of volatility. The drop marked a retracement from the asset’s July 14 peak, when it hit an all-time high of $123,000. The retreat to $114,000 punctuates a 7% pullback from the July high and reflects the broader…
REX Shares’ Solana ETF to payout over over $600k in first staking-based dividend on Aug 1
REX Shares announced in a July 31 post that its REX-Osprey SOL + Staking ETF (SSK) will make its first monthly distribution on Aug. 1, paying $0.12169 per share and passing through 100% of staking rewards. With 5,075,000 shares outstanding, the inaugural payout totals approximately $618,000. The issuer described the event as the first time…
Bitcoin whipsaws below $116k amid largest hourly correction in two weeks; risks of further pullback to $114k
Bitcoin (BTC) registered a 1.11% hourly drawdown after the Federal Reserve kept its target range at 4.25%–4.50%, trading at $116,320.13 as of press time following a quick visit below the $116,000 threshold. This is the largest correction recorded during a single hour of trading since July 14, when BTC retraced 1.14% Major cap altcoins registered…
Bitcoin could target $141k if it breaks out of the $105k-$125k box
Bitcoin (BTC) remains boxed between $105,000 and $125,000, but a breakout could prompt prices toward $141,000, according to Glassnode’s July 29 report. The Short‑Term Holder (STH) cost basis, a key pivot between bullish and bearish local regimes, sits near $105,400. This metric is key to defining BTC’s subsequent movements. Price has repeatedly met resistance around…
Billionaire Bill Miller IV says Ethereum and Solana won’t win ‘at the end of the day’
Billionaire Bill Miller IV says proof‑of‑stake blockchains such as Ethereum and Solana are unlikely to “win at the end of the day,” arguing that Bitcoin’s proof‑of‑work design confers a durability other networks can’t match. In a July 28 interview with CNBC’s “Closing Bell,” the billionaire investor said recent US policy moves may give proof‑of‑stake assets…
BlackRock’s ETHA becomes 4th-largest ETF by 30‑day inflows as Ethereum funds aim for $10B
Spot Ethereum (ETH) exchange-traded funds (ETFs) are close to breaking the $10 billion mark in inflows this month, as BlackRock’s ETHA makes its way to the spot of fourth-largest ETF by inflows in the last 30 days. According to Farside Investors’ data, spot Ethereum ETFs accumulated $9.3 billion in inflows as of July 25. This…
Bitcoin steadies near $114,800 but fragility risk rises as leverage climbs
Bitcoin (BTC) rebounded from a local low near $114,800, closing last week about 2.1% higher at $119,580 and turning the range floor into tentative support, according to Bitfinex Alpha’s July 28 report. The recovery has stabilized spot prices, but derivatives data suggest a more fragile backdrop as leverage rebuilds across major and altcoins. Leverage runs…
Why Balaji Srinivasan says all property will become cryptography
Author of the Network State, Balaji Srinivasan, argues that the future of property and ownership will run on cryptography, specifically, blockchain technology. His vision extends beyond crypto assets to encompass nearly all valuable assets in society, from money and stocks to cars and real estate. Let’s break it down. The Balaji thesis: from digital gold…
The GENIUS Act, Wall Street, and the dollar’s digital leap
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. If 2024 was the year of the dragon, 2025 has been the year of the stablecoin. U.S. dollar-backed digital assets, in particular, have taken…
This single point of failure can kill web3’s dream of an open, decentralized internet
The following article is a guest post and opinion of Chris “Jinx” Jenkins, Head of Operations at Pocket Network. Internet pioneer Tim Berners-Lee once dreamed of an open and accessible digital information system. His vision for the web — a virtual space where everyone had equitable opportunities to contribute, collaborate, share, and learn together —…
Blockchain won’t win until it outruns TradFi
Decentralization was blockchain’s founding promise—but in finance, milliseconds move markets. Unless Web3 can match Wall Street’s sub-second speed, users will keep choosing the faster rails of traditional finance. We see this in decentralized networks like Ethereum, which processes around 15 transactions per second, compared to Visa’s 24,000. Ever since the internet irrevocably changed finance, the…
Nigeria’s SEC backs stablecoins, signalling new crypto chapter
Nigeria’s Securities and Exchange Commission (SEC) has expressed support for stablecoin businesses that operate within the bounds of the country’s digital asset regulations. During the Nigeria Stablecoin Summit held in Lagos, SEC Director-General Emomotimi Agama reportedly said the African country is ready to embrace blockchain-based payment innovations as long as they comply with existing laws….
Venture investor Dragonfly faces potential charges over Tornado Cash involvement
Venture capital firm Dragonfly said Friday that the U.S. government is weighing potential charges over its 2020 investment in PepperSec, the developer of Tornado Cash, marking a rare instance where federal prosecutors may target a venture investor for backing a crypto project. In a detailed statement, Dragonfly managing partner Haseeb Qureshi called the prospect of…
WOO X suffers $14 million breach affecting 9 users, halts withdrawals
WOO X suffered an authorized breach on July 24, resulting in the theft of roughly $14 million in crypto. The exchange said it is investigating the “contained incident” and revealed that the breach resulted in unauthorized withdrawals from nine user accounts. The exchange has paused withdrawals as a precaution. It added in its statement that it…
Strategy lifts latest preferred stock sale to $2B for more Bitcoin buys
Strategy intends to expand its new preferred equity offering to $2 billion from $500 million, Bloomberg News reported on July 24. The upsized deal comes as the Michael Saylor-led firm leans further into purchasing additional Bitcoin (BTC) amid a powerful, ETF-driven market rally to new all-time highs. The company has created multiple share classes to…
Are exchanges for AI agents energy efficient?
exchanges for AI agents energy As the development and deployment of autonomous AI systems continue to accelerate, questions around their environmental impact are becoming increasingly important. One such concern is whether an exchange for AI agents can operate in an energy-efficient manner. An exchange for AI agents is a digital environment where autonomous software entities…
Legislation on a blockchain pilot for Veteran Affairs claims awaits House floor vote
The House is considering a proposal that would require the Department of Veterans Affairs to examine how distributed ledger technology, such as blockchain, can enhance the agency’s claims systems. The “Veterans Affairs Distributed Ledger Innovation Act of 2025” (H.R. 3455), introduced May 15 by Rep. Nancy Mace, passed its first checkpoint with a June 11…
Brazilian firm VERT pioneers $130 million agribusiness tokenization on XRP Ledger
VERT, a Brazilian fund management and securitization firm, has launched a blockchain-based platform on the XRP Ledger (XRPL) to modernize the issue and management of agribusiness credit. According to a July 23 statement, the platform’s first significant transaction involves the tokenization of a BRL 700 million (~$130 million) Agribusiness Receivables Certificate (CRA), marking a substantial…
Polymarket mulls own stablecoin for efficient use of USDC reserves
Crypto prediction market Polymarket is considering launching its own stablecoin to gain control over the interest-bearing reserves currently backing USDC deposits on its platform, CoinDesk reported, citing sources familiar with the matter. The deliberations reflect a broader industry trend as platforms seek to internalize stablecoin-related revenue, particularly in closed ecosystems. The source told the news…
PNC taps Coinbase to bring crypto trading into client accounts
PNC Financial Services Group has formed a partnership with Coinbase to let the bank’s customers access crypto services, as Bloomberg News reported on July 22. According to PNC’s head of treasury management Emma Loftus, the arrangement is in its early phase. It will begin by allowing wealth and asset management clients to trade cryptocurrencies directly…
Over $3.4 billion in Ethereum lost forever due to user mistakes and contract bugs
More than 913,111 ETH has been permanently lost due to user and contract-related errors, according to Conor Grogan, a director at Coinbase. At current prices, that amounts to approximately $3.43 billion in inaccessible assets, which represent over 0.76% of Ethereum’s total circulating supply. Grogan highlighted several major incidents that have contributed to this significant number…
Polymarket eyes return to the US following acquisition of CFTC-licensed QCEX for $112M
Polymarket acquired the holding company behind QCX LLC and QC Clearing LLC for $112 million, securing a Commodity Futures Trading Commission (CFTC)-regulated exchange and clearinghouse. According to the July 21 announcement, the movement will enable the blockchain prediction venue to serve American customers in compliance with federal regulations. Regulatory reset precedes deal The purchase arrives…
Is verification the new ‘Decentralized’?
For years, decentralization was crypto’s talisman. It stood for resilience, neutrality, and openness — a system immune to capture or control. But it was overused, underdefined, and has now diluted into near-meaninglessness. Now, there is a new pretender: verification. Protocols today tout verification just as they once claimed to be decentralized. The promise is familiar:…
The many faces of crypto crime and the relentless cat-and-mouse chase
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. Crypto crime is on the rise. From the first epic hack of mighty Mt. Gox to the intricate OneCoin scam orchestrated by nefarious Bulgarian…
Bank of Japan’s quiet dollar liquidity move: warning sign or just the beginning?
On July 15, 2025, the Bank of Japan (BOJ) quietly announced that it would begin supplying U.S. dollar funds against pooled collateral, starting on July 17, a move that might seem like standard liquidity management. However, according to macro analyst EndGame Macro, this technical maneuver may signal the beginning of a far deeper shift, hinting…
Traders are bullish on ETH as price begins to catch up with the tech
Ethereum (ETH), the world’s second-largest crypto by market cap, may finally be poised for a breakout after years of underwhelming performance. With both traders and the broader community expressing renewed confidence, the ETH price appears ready to close the gap between its leading technology and lagging price action. Renewed optimism reflecting in ETH price After…
Bitcoin hits $1T realized cap as price aims to break resistance
Bitcoin has reached a new milestone with its realized capitalization crossing the $1 trillion mark for the first time, according to on-chain analytics firm Glassnode. The surge comes just a few days after BTC’s spot price hit a fresh all-time high above $123,000, underlining the intensity of recent investor demand. Unlike traditional market capitalization, realized…
JPMorgan reveals global regulators favor tokenized bank deposits over stablecoins
JPMorgan’s latest research indicates that international regulators are more inclined to support tokenized deposits, particularly those that preserve the existing structure and stability of fiat-based banking systems, The Block reported on July 18. According to the Wall Street lender, financial regulators outside the United States are showing a growing preference for tokenized bank deposits over…
XRP hits new ATH of $3.55 after 7 years amid altcoin surge
Ripple’s XRP surged to a new all-time high of $3.55 on July 17, climbing more than 36% over the past week and over 13% over the past 24 hours. The rally marked XRP’s first break above its 2018 peak and came amid a broader altcoin resurgence. The surge comes amid a wider altcoin rally led…
Nasdaq applies to include staking in BlackRock’s Ethereum ETF as SEC weighs broader industry requests
Nasdaq filed with the Securities and Exchange Commission (SEC) on July 16 to add staking to BlackRock’s iShares Ethereum Trust (ETHA) exchange-traded fund (ETF). The rule change would add a detailed “staking” section permitting BlackRock to stake Ethereum (ETH) directly or through one or more trusted staking providers. BlackRock would treat received rewards as income,…
French lawmakers say country could generate $150M in annual revenue from Bitcoin mining
French lawmakers have doubled down on their plans for Bitcoin mining by highlighting that the country could generate an annual revenue of up to $150 million from the industry. In a July 11 bill submitted to the French National Assembly, the lawmakers outlined a five-year pilot program allowing electricity producers to redirect excess power, often…
House passes motion to reconsider crypto package containing the GENIUS Act
The House approved on July 16 a motion to reconsider the crypto‑related proposals package combining the GENIUS Act, the CLARITY Act, and the Anti‑CBDC Surveillance Act in a 215-211 vote. Alex Thorn, head of research at Galaxy Digital, said on X that analysts expect a vote on the GENIUS Act today. Because the House agreed…
JPMorgan to test stablecoin services alongside proprietary deposit token in bid to speed settlements
JPMorgan CEO Jamie Dimon said on a July 15 earnings call that the bank will launch products tied to stablecoins and its deposit coin as part of a broader payments strategy. As CNBC reported, Dimon said the firm “will be involved” in both formats to master the technology and protect market share. Banks refine stablecoin playbooks…
Why infrastructure, not hype, will define the next wave of the industry
The following article is a guest post and opinion of Mike Romanenko, CVO & Co-founder of Kyrrex. The environment of crypto payments is shifting from speculative hysteria to underlying development. As the industry matures, a strong foundation in the form of business-to-business (B2B) payment infrastructure, user experience (UX), and regulation is materializing as crucial for…
Strategy acquires 4,225 BTC, pushes Bitcoin treasury toward $73B in recent buying spree
Strategy (formerly MicroStrategy) said it purchased 4,225 Bitcoin for approximately $472.5 million between July 7 and 13, according to a July 14 statement with the US Securities and Exchange Commission (SEC). The acquisition, made at an average price of $111,827 per Bitcoin, brings the company’s total holdings to 601,550 BTC. These assets were acquired for…
Why verifiable randomness is crucial for AI, crypto, & decentralized technology
The following is a guest post and opinion from Felix Xu, Founder of ARPA Network. Walk into any of Cloudflare’s global offices and you’ll find some unusual decor. In San Francisco, it’s floor-to-ceiling lava lamps, known as “the wall of entropy.” In London, it’s the “unpredictable pendulums.” These aren’t just pretty backdrops—they are grist for the…
Glass ceiling cracks as women rise in Web3
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. I recently interviewed Gracy Chen, the first female CEO of Bitget and the only female CEO out of the top 10 centralized exchanges. I…
CZ threatens to sue Bloomberg over report linking Binance to Trump-backed USD1 stablecoin
Binance founder Changpeng Zhao or CZ threatened to sue news agency Bloomberg for a second time over its report alleging links between the exchange and the USD1 stablecoin. In an X post on Friday, CZ called the article “another hit piece” that was “sponsored by a competitor,” without explicitly naming the competitor. He dismissed it…
Democrats declare ‘Anti-Crypto Corruption Week’ to counter GOP crypto bills
US Democratic lawmakers, led by House members Maxine Waters and Stephen Lynch, announced on July 11 that next week will be designated “Anti-Crypto Corruption Week.” The initiative aims to unite Democrats in opposing several pro-crypto bills that are currently under consideration in Congress, including the GENIUS Act, the CLARITY Act, and a proposed law aimed…
Tether to sunset USDT redemptions on 5 ‘legacy’ networks including Bitcoin Cash, Algorand
Tether announced it will discontinue support for its USDT stablecoin on five “legacy” blockchains, including Omni Layer, Bitcoin Cash SLP, Kusama, EOS, and Algorand. According to the July 11 announcement, the move will become effective Sept. 1, ending redemptions and freezing remaining tokens on those networks. The decision comes as part of what the company…
Grayscale’s legal team challenges SEC over missed ETF deadline
Grayscale Asset Management has questioned the US Securities and Exchange Commission (SEC) decision to issue a stay on the application to convert the Digital Large Cap Fund (DLCF) into an exchange-traded fund (ETF). In a July 8 letter, Grayscale’s legal team argued that the SEC exceeded its authority, as the application had already been approved…
Ethena rockets to $290 million in revenue, seeks SEC clarity on USDe
Ethena Labs reached $290.2 million in total protocol revenue on July 9, trailing only Tether, Circle, and Sky among stablecoin issuers. Token Terminal data show that the stablecoin issuer reached $100 million in cumulative revenue 251 days after its launch, making it the second-fastest protocol to cross this threshold. Daily fees averaged $3.1 million during…
Bitcoin registers new all-time high above $113,500, short liquidations continue racking up
Bitcoin (BTC) continued its ascent into price discovery, reaching a new all-time high of over $113,600 on July 10. The move completed a two-day climb from roughly $108,950 late July 8 and eclipsed the previous July 9 peak of $112,000. Notably, the recent price peak prompted over $50 million in liquidations in less than an…
Ethereum regains $2,700 amid lowest long/short ratio in two years and ETF cash floods
Ethereum (ETH) reclaimed the $2,700 threshold one day after spot exchange-traded funds (ETFs) listed in the US tracking the asset surpassed $4.5 billion in cumulative net inflows on July 8, according to Farside Investors’ data. As of press time, Ethereum is priced at $2,723.98, up by 4.1% in the past 24 hours. ETH lost the…
Pump.fun’s PUMP ICO stirs controversy over token allocation
Solana-based memecoin launchpad Pump.fun has confirmed that its native PUMP token will debut through an Initial Coin Offering (ICO) on July 12. The token will have a total supply of 1 trillion and a structured allocation designed to serve institutional, community, and internal stakeholders. PUMP’s ICO details About 33% of the total PUMP token supply…
Survey finds gaps in mainstream Bitcoin coverage, leaving institutional investors exposed
A second-quarter survey of 18 mainstream news outlets logged 1,116 Bitcoin (BTC) stories and measured sentiment at 31% positive, 41% neutral, and 28% negative, according to Bitcoin analysis firm Perception. The data reveal a significant gap between finance-focused media that cover the market extensively and legacy publications that rarely address it. Sparse coverage Perception counted…
Tether holds $8 billion worth of gold in Swiss vault, matching UBS exposure
Tether CEO Paolo Ardoino revealed that the firm holds roughly $8 billion in gold in a Swiss vault during an interview with Bloomberg News on July 7. Ardoino called the site “the most secure vault in the world” and said the company owns almost the entire 80-ton stockpile outright, placing the El Salvador-based issuer among…
Solana’s tokenized stock market more than triples in two weeks to hit $48M
Solana’s tokenized stock market hit $48.53 million on July 4, up more than threefold from $15.28 million on June 20, according to on-chain data tracked by rwa.xyz. Solana’s tokenized stocks capitalization expanded more than threefold in two weeks, outpacing every other tracked network during the period. Furthermore, the tokenized stock market on Solana represented 11.4%…
Strategy adds $21B in Bitcoin value during Q2 but faces $4B tax hit
Strategy, the largest corporate holder of Bitcoin, expanded its digital asset portfolio by $21 billion in the second quarter of 2025, driven largely by BTC’s sharp price increase. According to the Michael Saylor-led firm, Bitcoin surged from $82,445 to $107,752 between April and June, pushing its unrealized gains on its BTC holdings to $14.05 billion….
Vitalik Buterin proposes to cap gas usage per Ethereum transaction to boost zkVM compatibility, security
Ethereum co-founder Vitalik Buterin and Toni Wahrstätter, a researcher at the Ethereum Foundation, have put forth a proposal that will cap the maximum gas a single transaction can use. The proposal, EIP 7983, claims: “By implementing this limit, Ethereum can enhance its resilience against certain DoS [Denial of Service attack] vectors, improve network stability, and…
TON offers UAE golden visa for stakers, making residency by crypto a reality
Telegram’s Open Network (TON) today announced an interesting initiative: a 10-year UAE Golden Visa to investors who stake $100,000 worth of Toncoin (TON) for three years. The program dramatically lowers the entry threshold for residency in the United Arab Emirates and is the first of its kind within the crypto space. How the TON golden…
Suspicion surrounds mysterious $8.6 billion Bitcoin move
Conor Grogan, Head of Product at Coinbase, believes that there is a “small possibility” that the transfer of $8.6 billion worth of Bitcoin (BTC) on July 4 was a hack. Calling his claim “extreme speculation” in an X post on Friday, Grogan said he found the transaction movements to be “extremely odd.” He added: “If…
DeFi Is outpacing Bitcoin’s maximalist mindset
The following is a guest post and opinion of Jeff Garzik, Co-founder of Hemi Labs. Ever since Bitcoin stopped being the one and only crypto, a group of its stalwart devotees emerged called “Bitcoin maximalists,” arguing that BTC is the only “true” digital asset. As the crypto industry moves toward all-pervading decentralized finance (DeFi) interoperability,…
Hackers steal $140M from Brazilian central bank reserve accounts via partner breach
Hackers siphoned about R$800 million ($140 million) from six reserve accounts connected to Brazil’s central bank after breaching São Paulo-based software vendor C&M Software on June 30, according to blockchain investigator ZachXBT and reports from local news outlets. Police said C&M employee João Nazareno Roque sold his corporate login for R$15,000 ($2,770) and later developed…
CZ to merge ‘Wall Street and blockchain’ alongside Goldman, DTCC, Citadel
Former Binance CEO Changpeng (CZ) Zhao’s YZi Labs has invested in Digital Asset, the institutional blockchain platform Canton Network developer. YZi Labs joins a $135 million Series E round that was first announced on June 24 and includes participation from finance incumbents like Goldman Sachs, Citadel Securities, DRW, and the Depository Trust & Clearing Corporation…
DeFi TVL breaks above $116B as lending roars back
The DeFi market has rebounded at the beginning of July, with total value locked (TVL) rising to $116.416 billion, a level last seen in April. The 24-hour increase of 4.95% reflects rising crypto asset prices and renewed deposit flows into lending protocols, restaking services, and yield-bearing primitives. As Ethereum and Solana continue to absorb most…
Asian consortium led by Metaplanet, Sora Ventures targets Thai market with DV8 acquisition
A consortium led by the founding forces behind Japan’s Metaplanet, known as the “MicroStrategy of Asia,” announced plans on July 3 to acquire Thailand’s DV8 Public Company Limited through a voluntary tender offer. The cross-border alliance includes UTXO Management, Sora Ventures, Kliff Capital, Simon Gerovich, Moon Inc., AsiaStrategy, and Mythos Group. The transaction marks a…
Solana dominates real value rankings, DEX volume during H1
Solana dominated major cryptocurrencies in real economic value (REV) and DEX volumes during the first half of 2025, according to Helius’ “Solana Ecosystem Report H1 2025.” The report highlighted that Solana has led all blockchains in REV since October 2024 and reached $551 million in January 2025. REV is a metric that measures the monetary…
Crypto firms paid $2.7M monthly to North Korean workers
An on-chain investigation has revealed that North Korea IT workers posing as foreign developers have earned nearly $17 million from crypto startups and blockchain companies this year. The findings, revealed by prominent blockchain investigator ZachXBT, show that these individuals have successfully integrated into dozens of crypto projects by concealing their identities and locations. According to…
Bitcoin bar redeemed after 13 years turns $500 into $10 million
A long-time Bitcoin holder has finally cracked open one of the rarest physical Bitcoin collectibles in existence—a Casascius bar loaded with 100 BTC. The collector, who goes by the name John Galt on the Bitcoin Talk forum, originally bought the bar in 2012 for just $500. 13 years later, he redeemed it when the top…
Tuttle’s new ETFs could offer 2x gains or losses on SOL, TRUMP, XRP, and more starting July 16
Tuttle Capital has filed an amendment to shift the effective date for a series of crypto and meme-related leveraged exchange-traded funds (ETFs) to July 16. This move, first reported by Bloomberg’s ETF analyst Eric Balchunas on July 1, could signal the imminent launch of 10 new leveraged funds. These ETFs are poised to offer double…
DEXs capture almost 30% of CEX spot activity in June, setting new record
Decentralized exchanges (DEX) processed roughly $385 billion of spot trades in June, equal to almost 30% of the turnover recorded by centralized venues, according to DefiLlama and The Block data. The 30-day DEX figure represents a 12% decline from May, but centralized exchange (CEX) spot volume contracted nearly 30% in the same period. Notably, this…
XRP Ledger launches EVM sidechain, bridging Ethereum and XRP
The XRP Ledger (XRPL) has launched its Ethereum Virtual Machine (EVM) sidechain on the mainnet, according to a June 30 announcement. The sidechain would allow developers to create, port, and deploy Ethereum-compatible decentralized applications (dApps) within the XRPL ecosystem. The XRPL EVM sidechain is built to be fast and secure and is connected to the…
Saylor says BTC Treasury companies can grow as fast as they can issue credit and buy Bitcoin
At the BTC Prague conference this week, Strategy (formerly MicroStrategy) co-founder Michael Saylor stated that Bitcoin treasury companies can grow as quickly as they can issue equity and credit to purchase Bitcoin. Delving into the business model of Bitcoin treasury companies like Strategy, Saylor explained how corporate investment in BTC can far outpace individual investments….
US entrepreneur Hayden Davis testifies in LIBRA case in New York as legal proceedings advance
In the latest development for the ongoing LIBRA coin legal saga, Argentinian newspaper La Nacion reports that Hayden Mark Davis, CEO of Kelsier Ventures, submitted a voluntary statement last Monday to a federal court in New York. The case centers on a class action lawsuit brought by U.S. investors who suffered losses following the rapid…
Crypto needs to return to first principles
The following is a guest post and opinion of Rob Viglione, CEO of Horizen Labs. In 2009, Bitcoin was born from a radical vision: a decentralized, transparent financial system designed to empower individuals over institutions. Yet somewhere along the way, that vision was clouded by short-term profiteering, insider deals, and misaligned incentives. To reclaim its…
Is Cardano’s plan to convert part of ADA treasury into Bitcoin a wise move?
The following is a guest post and analysis from Shane Neagle, Editor In Chief fromThe Tokenist. On June 13th, Charles Hoskinson, the co-founder of Ethereum (ETH) and founder of Cardano (ADA), made a bold proposition. In order to put Cardano on the decentralized finance (DeFi) map, the blockchain ecosystem should establish a sovereign wealth fund….
Gemini launches tokenized US stock trading in EU starting with MSTR
Crypto exchange Gemini has launched tokenized Strategy (MSTR) shares for customers in the EU, marking the beginning of its rollout of tokenized U.S. equities on blockchain networks. The offering, enabled through a partnership with tokenization platform Dinari, allows Gemini users to buy fractional shares of Strategy as on-chain tokens backed by real securities. MSTR tokens…
PayPal CEO says US consumers need incentives to try stablecoins as PYUSD expands
PayPal chief executive Alex Chriss said the United States remains far from widespread stablecoin adoption, telling Bloomberg TV on June 26 that consumers lack meaningful incentives to shift away from existing payment rails, a view surfacing as the company advances new initiatives around rewards and cross-border transfers. His comments follow the Senate’s passage of the…
USDT on TRON Surpasses $80 Billion, Strengthening TRON’s Position as the Leading Stablecoin Network
Disclosure: This is a sponsored post. Readers should conduct further research prior to taking any actions. Learn more › June 26, 2025 – Geneva, Switzerland – TRON DAO announced today that the total circulating supply of USDT on the TRON blockchain has exceeded $80 billion, further cementing TRON’s position as the top blockchain for USDT…
US judge denies SEC and Ripple’s second bid to amend penalty
US District Judge Analisa Torres has denied a joint request from the US Securities and Exchange Commission (SEC) and Ripple Labs to dissolve an earlier court order and lower Ripple’s financial penalty. The ruling, issued on June 26, firmly rejected the attempt to undo a prior judgment tied to Ripple’s violations of securities laws through…
Iran-Israel war wiped out over 240,000 Bitcoin in weapons costs
The Iran-Israel conflict reportedly cost the two nations roughly $25.5 billion, worth over 240,837 BTC at current prices, according to a report by Opportunity Cost, a digital tool that translates global spending into Bitcoin and Satoshi equivalents. According to the platform, Israel fired Arrow interceptor missiles, each costing around $3 million or 28.3 BTC, to counter Iranian missiles…
Reflections on building with the Finternet
The following is a guest post and opinion from Anurag Arjun, Co-Founder of Avail. The next financial architecture won’t just move money faster — it will make value, identity, and rights verifiable and enforceable across fragmented systems and real-world institutions. Every time we build a new payment system, we rebuild the rails. Every new identity…
US academic institutions urge SEC to implement stringent crypto staking rules, oversight
Representatives from multiple universities met with the US Securities and Exchange Commission’s (SEC) Crypto Task Force on June 23 to discuss a staking rulebook. The meeting included representatives from the University of California, Berkeley School of Law, Georgetown University Law Center, the University of Chicago Law School, and venture firm Placeholder. According to the logs,…
COIN Act targets crypto gains by US public officials
A group of US lawmakers, led by Senator Adam Schiff, introduced a new bill on June 23 to stop public officials, including the president, from using digital assets for personal gain. The Curbing Officials’ Income and Nondisclosure bill, also known as the COIN Act, aims to tighten ethical standards amid growing concern over crypto-linked financial…
Dark market activity on Telegram persists despite $27B Huione ban – Elliptic
Telegram-based dark markets rapidly filled the gap left by Huione Guarantee after the $27 billion marketplace disappeared on May 13, according to a June 23 Elliptic report. Elliptic noted that Telegram banned thousands of Huione Guarantee channels and usernames once researchers traced billions of USDT-denominated sales to pig-butchering scams. However, data shows that merchants immediately…
Texas to buy Bitcoin for state reserves long before Trump’s Bitcoin reserve delivers
Texas is now legally empowered to build its own Bitcoin reserve funded with taxpayer dollars before the federal government takes any comparable action. Governor Greg Abbott on Saturday signed Senate Bill 21, a law that explicitly allows the state to buy and hold Bitcoin and other top-tier cryptocurrencies. The measure passed the Texas House and…
Gracy Chen, the rare but glorious woman behind Bitget’s epic growth
Welcome to Slate Sundays, CryptoSlate’s 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. Gracy Chen leaves quite an impression. As the only female CEO among the top 10 crypto exchanges, she’s well aware of the challenges facing women…
Solana network extensions will redefine blockchain scaling
The following is a guest post and opinion from Aryan Sheikhalian, Head of Research at CMT Digital. Ethereum is betting big on a future filled with rollups. But in typical Solana fashion, the network is taking a different route—one that doesn’t just scale more blockspace, but bespoke execution environments with first-class developer control. Enter Network…
Alex Mashinsky forfeits rights to Celsius assets amid ongoing bankruptcy process
Alex Mashinsky, the former CEO of Celsius, has agreed to surrender all rights to assets tied to the collapsed crypto lender. According to newly filed court documents, Mashinsky and entities associated with him, including AM Ventures Holdings Inc., Koala1 LLC, and Koala3 LLC, will be excluded from any future distributions under the Celsius bankruptcy plan. The…
Coinbase CEO highlights 3 key reasons why the world needs crypto
As the world faces increasing economic woes from soaring debt and stubborn inflation to dwindling trust in financial institutions, Coinbase CEO says, “The world needs crypto, now more than ever.” He adds: “Debt is growing exponentially, inflation is crippling entire nations, economic freedom is declining.” Armstrong points to the astronomical level of U.S. federal debt,…
Pumpfun reportedly delays token auction to July amid legal troubles
Pump.fun has delayed its public token sale once again, extending months of uncertainty for users and investors as the popular Solana-based launchpad wrestles with a flurry of lawsuits, Colin Wu reported on June 20. Pump.fun had aimed to raise $1 billion at a $4 billion valuation through its token auction originally set for June 25. The…
TikTok clashes with US congressman over alleged $300M TRUMP token bribe
TikTok has publicly denied allegations that it bought $300 million worth of TRUMP memecoins to sway US President Donald Trump. The company addressed the claims on June 19 in a post on X, labeling the accusation “false and irresponsible” and aimed at misrepresenting its actions. The statement followed comments by US Congressman Brad Sherman, who…
Jupiter halts governance voting to tackle burnout and refocus on innovation
Solana’s largest decentralized exchange aggregator, Jupiter, has decided to halt all community voting through next year and keep its governance Treasury sealed until 2027, citing community burnout and a need to prioritize building new products. The move temporarily disables one of the main utilities for Jupiter’s native token, JUP, which powers governance proposals and decisions…
PancakeSwap extends lead as monthly DEX volume tops $500B
Decentralized exchanges processed over $513.5 billion in trading volume over the past 30 days. Daily turnover averaged $15.93 billion, keeping pace with the seven-day total of $107 billion and indicating a sustained rise rather than a short-term spike. If sustained, the current monthly rate would annualize to over $6 trillion in trading volume, more than…
North Korean dev hijacks dormant Waves repositories, slips credential-stealing code in wallet updates
A North Korean developer gained elevated privileges inside Waves Protocol’s Keeper-Wallet codebase, according to a June 18 report by Ketman. The report highlighted routine scans for Democratic People’s Republic of Korea (DPRK) activity on GitHub, which uncovered the account “AhegaoXXX” pushing updates to Keeper-Wallet. The wallet’s repositories showed no legitimate commits after August 2023, yet…
Gemini accuses CFTC of unfair legal campaign in formal complaint
Crypto exchange Gemini has filed a formal complaint against the Commodity Futures Trading Commission’s (CFTC) Division of Enforcement (DOE), accusing it of pursuing a prolonged and unjustified legal campaign. On June 17, Gemini co-founder Tyler Winklevoss revealed that the firm submitted the complaints to the CFTC’s Office of the Inspector General on June 13. According…
US DOJ, Europol seize world’s largest dark web drug market operating via Monero
An international law enforcement effort has dismantled one of the world’s largest and longest-running criminal marketplaces on the darknet, arresting its suspected German operator in Spain and seizing millions in illicit assets, according to a June 16 press release. The takedown, coordinated by the Frankfurt Public Prosecutor’s Office, Germany’s Federal Criminal Police Office (BKA), the…
Thailand crypto tax reform exempts digital asset profits for five years
Thailand has announced a significant tax reform to position itself as a leading crypto-friendly nation. On June 17, the country’s Cabinet approved a five-year personal tax exemption on profits from selling digital assets, including Bitcoin. The measure takes effect from January 2025 and will run until December 2029. Deputy Finance Minister Julapun Amornvivat explained on…
Bitcoin delivers 90% risk-adjusted return to 60/40 portfolios with 10% allocation, 2x gold’s risk efficiency
Investors who added 10% in Bitcoin (BTC) to their “60/40 portfolio” strategies got a 90% risk-adjusted return in the past 12 months, outperforming gold’s 51% return in the same period. On a June 16 post via X, the profile Ecoinometrics highlighted BTC’s performance through June 13 and charted the result against total return. A 60/40…
Pakistan building Bitcoin ‘super team’ with Michael Saylor joining CZ on crypto council
Michael Saylor, the billionaire Bitcoin advocate and executive chairman of Strategy, is backing Pakistan’s state-led Bitcoin pivot, according to new footage and media reports emerging from Islamabad. A call with top officials marks the latest escalation in Pakistan’s plan to formalize a Strategic Bitcoin Reserve (SBR). The video footage, posted on X by Finance Ministry…
Coinbase’s sponsorship of Trump’s military parade sparks debate over crypto’s anti-establishment roots
Coinbase’s sponsorship of the military parade in Washington, D.C., on June 14 has sparked a debate about whether crypto has lost sight of its original ethos. The parade, which was held to commemorate the U.S. Army’s 250th birthday, took place amid the country-wide ‘No Kings’ protests. The protestors voiced their opposition to President Donald Trump’s…
Taiwan tightens semiconductor export controls on Huawei and SMIC amid US-China tech rivalry
Taiwan has intensified its technology export controls by blacklisting two of China’s foremost semiconductor companies, Huawei Technologies and Semiconductor Manufacturing International Corp (SMIC), amid escalating tensions in the global tech sector. The updated Strategic High-Tech Commodities Entity List, released by Taiwan’s Ministry of Economic Affairs, now includes both firms along with several of their subsidiaries,…
Trump earned over $58 million from crypto ventures in 2024
U.S. President Donald Trump, who ventured into crypto during his presidential campaign last year, earned over $58 million from crypto ventures in 2024. Trump’s mandatory 2025 financial disclosure report filed on Friday detailed his earnings from all businesses between Jan. 1 and Dec. 31, 2024. In the filing, Trump reported employment-related assets worth a minimum…
Gold price nears all-time high amid fears of broader regional Middle Eastern conflict
Gold price is nearing its all-time high at $3,433, further fueling its up-and-to-the-right rally in 2025, as escalating tensions in the Middle East drive investors toward traditional safe-haven assets. The surge in gold price reflects not only geopolitical uncertainty but also a broader shift in global reserve strategies. The ECB reported last week that gold…
Bitcoin holds steady at $105k despite escalating tensions between Iran, Israel
Bitcoin (BTC) remained near the $105,000 mark on June 13, a sign of relative resilience following a sharp dip triggered by escalating conflict between Israel and Iran. As of press time, Bitcoin was trading at $105,600, having recovered the previous night’s pullback to end the day down 0.11% over the past 24 hours. The turbulence…
Walmart & Amazon eye $14B in savings by launching corporate stablecoin
Walmart and Amazon are preparing to launch their own stablecoins as the U.S. Senate advances landmark legislation that would establish a federal regulatory framework for privately issued digital dollars for the first time. The legislation, known as the GENIUS Act (S.394), has passed committee and cleared cloture, with a final Senate vote scheduled for June…
Bitcoin liquidity moves to non-KYC exchanges as US reserves thin
During Bitcoin’s climb to a new ATH above $111,000 in late May, a silent but measurable reshuffling has occurred in the market: more BTC is now held on offshore exchanges than on regulated platforms in the US, and volumes are steadily leaking from KYC-compliant venues. Data from CryptoQuant shows that the market embraced institutional inflows…
Meta faces political heat for its stablecoin exploration
Two US Democratic Senators are demanding answers from Meta CEO Mark Zuckerberg over reports that the social media giant is exploring a new stablecoin project. In a letter dated June 11, Senators Elizabeth Warren and Richard Blumenthal asked Zuckerberg to explain Meta’s current ambitions in the digital currency space. The move follows news that the…
Bitwise CIO calls Bitcoin ‘best horse in the race’ to explain accelerated corporate buys
Bitwise CIO Matt Hougan said the “megatrend” of public companies adding Bitcoin (BTC) to treasury reserves will continue accelerating as the movement is still in its early stages. Hougan made the statement during a June 10 interview on CNBC, where he highlighted that 79 listed firms now hold roughly $57 billion worth of Bitcoin as of…
XRP derivatives traders boost leverage as funding costs jump
A slow but clear divergence is emerging in XRP’s derivatives market: open interest has eased modestly over the past month, but the amount of leverage employed by traders is steadily rising. With spot demand softening and funding rates climbing to near their monthly highs, XRP appears to be entering a phase of elevated positioning risk,…
Bitcoin holding $100k psychological floor amid recent dip signals robust investor sentiment
On-chain data shows that Bitcoin’s (BTC) brief slide to $100,000 strengthened rather than weakened market structure, Glassnode said in a June 10 report. Bitcoin is currently trading at $109,500, after an over 4% climb on June 9 to hit a weekly high of $110,600. The report noted that the 9% drawdown following the June 7…
80% of CME crypto futures expire by August
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…
RLUSD surpasses $300M supply as Ripple secures UAE backing
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…
Could Marathon be readying to team with Exxon or Aramco on flare gas Bitcoin mining?
Could Marathon Digital Holdings be in exploratory talks with Exxon Mobil and Saudi Aramco to colocate Bitcoin mining units at oilfields, directly tapping flare-gas for power? Crypto Twitter thinks it’s possible, and if confirmed, the partnership could turbocharge the scale and legitimacy of gas-to-Bitcoin operations, turning waste methane into a monetized digital asset while addressing…
Argentine Anti-Corruption Office clears President Milei of ethics violation over LIBRA promotion
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…
‘Come to Dubai, habibi,’ what’s luring crypto companies to the Middle East?
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 ‘Bitcoin Family’ has split and hidden seed phrase across 4 continents amid rising kidnappings
The ‘Bitcoin Family’ has completely overhauled its security measures amid rising cases of crypto-related kidnappings, according to a CNBC report. The family, which sold all their belongings in 2017 to invest in Bitcoin (BTC) and now travels around the world, has taken extreme measures amid a rise in perceived threats. This includes storing parts of…
Your weather app can’t save you — but a new system might
The following article is a guest post and opinion of Ting Peng, Head of Ecosystem at SkyX Network. What do you do when the weather app says light rain, but a flash flood tears through your town instead? You blame the app. Your rightful ire is a bit misplaced, though: It could very much be the…
Song A Day creator recounts ‘tax nightmare’ after making millions from NFT sale
Singer-songwriter Jonathan Mann recently shared the story of how earning millions in Ethereum (ETH) during a one-hour sale of his NFTs eventually became a “tax nightmare.” Mann has published one song a day over the past 17 years and released his 6,000th song on June 5, which was about the purported nightmare resulting from the…
Institutional Bitcoin ETF holdings decline while direct corporate BTC reserves gain traction
Institutional allocations to spot Bitcoin ETFs declined for the first time since their introduction, according to Q1 2025 13F filings. However, corporate Bitcoin ownership shows little sign of declining overall. The data marks a shift from the strong initial inflows that followed the funds’ January 2024 launch, as hedge funds reduced exposure and the futures-based…
institutions cut Bitcoin ETF exposure by 23% in Q1
Institutional investors cut Bitcoin (BTC) allocations in US-based spot exchange-traded funds (ETFs) during the first quarter after hedging profits waned and futures premiums compressed, a June 5 CoinShares report showed. The report assessed 13-F filings from asset managers with at least $100 million in assets under management. These investors reported $21.2 billion in Bitcoin ETF…
Total crypto trading volume hits $80 trillion over last 12 months
Over the past year, total trading volume across centralized crypto exchanges has surged to $80 trillion, according to CCData’s Exchange Review series. The milestone captures the combined activity from both spot and derivatives markets, highlighting a year marked by sharp cyclical swings, structural dominance of perpetual contracts, and a new, elevated volatility baseline. Volume Regimes:…
Moroccan police arrests suspect behind recent crypto-related kidnappings in France
Moroccan police have arrested a dual-national French-Moroccan man wanted for an alleged connection with a series of kidnappings in France that targetted individuals with crypto holdings, Reuters reported on June 4, citing a source familiar with the case. According to the source, Moroccan police identified the man as Bajjou Badiss Mohamed AmiDe, who is 24…
Spanish coffee chain Vanadi seeks financial jolt with €1 billion Bitcoin gamble
Spanish coffee chain Vanadi Coffee is planning a bold shift as it seeks to transform from a struggling hospitality brand into a Bitcoin-centric holding firm. According to a report by Europa Press, the company is proposing a €1 billion (around $1.13 billion) allocation into Bitcoin as part of a broader financial overhaul. The announcement has…
NYSE Arca submits filing to list Truth Social’s spot Bitcoin ETF
NYSE Arca has submitted a Form 19b-4 filing to the US Securities and Exchange Commission (SEC) seeking approval to list the Truth Social Bitcoin ETF, a spot Bitcoin exchange-traded fund (ETF) associated with Trump Media & Technology Group (TMTG). The move represents TMTG’s latest foray into the cryptocurrency sector, aligning with President Donald Trump’s pro-crypto…
US Bitcoin ETFs navigate $1.2 billion outflows amid European retail approval
US-listed spot Bitcoin exchange-traded funds (ETFs) have entered a third consecutive day of outflows, shedding more than $1 billion. This trend reflects a shift in institutional sentiment as Bitcoin’s price continues to hover around the $105,000 mark without a clear breakout. US Bitcoin ETFs outflow Data from SoSoValue shows that the 12 US-listed spot Bitcoin…
Bitcoin’s 8% correction flushed leverage but set stage for short term turbulence
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…
Strategy and Metaplanet capitalize on Bitcoin correction with $200M acquisition
Two heavyweight Bitcoin holders, Strategy (formerly MicroStrategy) and Metaplanet, have seized the latest market correction as a buying opportunity. As Bitcoin briefly fell near $103,000 towards the end of May, both companies bolstered their reserves with a combined purchase of nearly 2,000 BTC worth close to $200 million. Strategy buys 705 BTC Strategy disclosed on…
Silk Road founder receives $31.4M BTC donation after bagging $1.8M in auction
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…
Hyperliquid Bitcoin whale loses $100 million as BTC price falls below $105K
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,…
Conor McGregor doubles down on an Irish strategic Bitcoin reserve, tags Nayib Bukele ‘let’s chat’
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…
AI can’t scale without trust. Trust starts with the data layer
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…
Sui community approves release of $162M in tokens frozen during Cetus hack
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…
Chainlink oracle ‘malfunction’ sparks $500k in DeFi liquidations, reignites oracle debate
A Chainlink price feed’s alleged malfunction led to more than $500,000 in liquidations on May 29, sparking fresh debate over the reliability of oracles in DeFi. According to reports, Chainlink’s price oracle for the deUSD stablecoin inaccurately reported its value at $1.03. The incorrect data triggered liquidations for users holding deUSD-denominated debt on Avalanche’s Euler…
Banco Santander eyeing crypto expansion with fiat-backed stablecoin
Banco Santander is exploring the development of a fiat-backed stablecoin and expanding its crypto offerings to retail clients, marking a potential new chapter in the bank’s digital asset strategy. According to a May 29 Bloomberg News report, the initiative, still in its early stages, may include both US dollar and euro-pegged tokens. Santander joins a…
Ethereum Foundation embraces DeFi borrowing $2M in stablecoins on Aave using ETH collateral
The Ethereum Foundation (EF) has quietly taken a tactical step into DeFi by borrowing $2 million in GHO stablecoins using wrapped ETH (wETH) as collateral on the Aave protocol. Marc Zeller, founder of the Aavechan Initiative, shared the development on May 29, noting that the Foundation’s use of GHO aligns with Aave’s core value proposition,…
Bitcoin eyes $120,000 price zone as exchange flows, leverage surge
Bitcoin’s (BTC) on-chain activity has intensified as the asset consolidates near $108,000, with $120,000 emerging as the next major price zone of interest. Glassnode’s May 28 report highlighted elevated investor profitability, rising accumulation, and robust exchange flows. These conditions resemble past bull market peaks. Bitcoin hit a new all-time high of $111,000 before pulling back…
GameStop propelled into top 15 Bitcoin holders, with 4,710 BTC purchase
GameStop has taken a bold step into the crypto space, confirming that it has purchased 4,710 Bitcoin, according to a May 28 statement. According to Bitcoin Treasuries data, this move places GameStop among the top 13 public companies holding Bitcoin, surpassing other entrants like Semler Scientific. Google Finance data shows the company’s stock climbed roughly…
Fast food giant Steak ‘n Shake launches Bitcoin payments, boosts financial efficiency
Fast food chain Steak ‘n Shake has expanded its payment options to include Bitcoin (BTC) at all of its locations globally, where regulations permit. The rollout, which began on May 16, utilizes the Lightning Network to enable faster and lower-cost transactions. The company’s COO, Dan Edwards, revealed the development on May 27 at the Bitcoin…
We interviewed GPT-3 in 2022 before ChatGPT. Here’s what it got right (and so very wrong)
“I believe that the all-time high of Bitcoin was around $20,000.” — GPT-3, April 2022 “Bitcoin peaked at $68,990 in November 2021 due to a confluence of pandemic-era stimulus, institutional momentum, and speculative fervor. The misquote from GPT-3 highlights the limitations of pre-trained, non-updated models.” — GPT-4o, May 2025 Three years ago, I interviewed GPT-3…
SEC Crypto Task Force discusses securities tokenization with Nasdaq, DeFi startups
Last week, the US Securities and Exchange Commission’s (SEC) Crypto Task Force intensified studies on how public blockchain technology can support the issuance and trading of tokenized securities. The group held separate meetings with Nasdaq, Plume Network, and Etherealize on how securities can be issued and traded on public blockchains. All three meetings resulted in…
Pakistan to allocate 2,000 MW for Bitcoin mining and AI data centers
Pakistan will allocate 2,000 megawatts of electricity for Bitcoin mining and artificial intelligence (AI) data centers. According to a Bloomberg report, the Pakistan Crypto Council (PCC) overseeing the project confirmed that three underutilized coal-powered plants, currently operating at just 15% capacity, will be repurposed to support this initiative. This development is part of the government’s…
Tether to issue separate stablecoin for U.S. despite ‘getting comfortable’ with the Genius Act, CEO says
Tether CEO Paolo Ardoino told Bloomberg on Friday that the company is “open to” creating a separate domestic stablecoin to meet the needs of the U.S. market. The news comes amid the U.S. trying to push through a stablecoin legislation—the Guiding and Establishing National Innovation for US Stablecoins Act (GENIUS Act). The international issuer of…
Former IMF chief economist believes crypto is a rising threat to the U.S. Dollar’s dominance
American economist Kenneth Rogoff believes that the rise of crypto poses a threat to the hegemony of the U.S. dollar. Rogoff previously served as the chief economist at the International Monetary Fund (IMF) and on the Federal Reserve Board. He is a published author and an economics professor at Harvard University. In an interview with…
Trump’s controversial memecoin dinner elicited mixed responses from attendees
U.S. President Donald Trump’s private dinner gala with the top 220 holders of his memecoin, which generated controversy from its announcement, took place on May 22. But what was touted as “the most exclusive invitation in the world” elicited mixed and wide-ranging responses from its attendees. While some complained about the quality of the food…
How to best leverage LSDFi?
The following is a guest post and analysis from Shane Neagle, Editor In Chief fromThe Tokenist. With Bitcoin dominance climbing to a 4-year high of 63%, it is clear that the altcoin market is not doing so well. Many a memecoin has sullied the crypto experience, alongside constant generation of new tokens that dilute the…
BlackRock’s IBIT leads all US ETF inflows following Bitcoin’s historic rally to new ATH
Available exclusively via This high beta Bitcoin proxy sector is lagging behind BTC price 2025 Andjela Radmilac · 2 days ago CryptoSlate’s latest report dives deep into the performance of Bitcoin prxy stocks to analyze how their performance fares in comparison to Bitcoin’s spot price, direct exposure products like ETFs, and indirect vehicles like MSTR.
