News

Bitcoin miners earned just 3.6% of record $2T market cap — Analysis

BTC miners have reaped the benefits in 2024, but their earnings are tiny compared to Bitcoin’s giant market cap.

13 Dec 2024

Cardano Foundation regains social media control amid governance turmoil

The Cardano Foundation (CF) has regained control of its official X account after it was compromised in a hacking incident. The breach, which occurred on Dec. 8, saw the account misused to promote a fraudulent ADASOL token. The attackers also spread fabricated claims about the Foundation, claiming the organization faced legal action from the US […]
The post Cardano Foundation regains social media control amid governance turmoil appeared first on CryptoSlate.

13 Dec 2024

CoinDesk 20 Performance Update: RENDER Falls 2.6% as Index Trades Lower From Thursday

Solana joined Render as an underperformer, dipping 2.1%.

13 Dec 2024

Corporate execs sell stock at record levels as Bitcoin nears 130% YTD returns

Bitcoin could reach a cycle top of over $160,000 on continued interest rate cuts and macroeconomic improvements in 2025, analysts have predicted.

13 Dec 2024

Solana emerges as fastest-growing ecosystem for developers globally

Solana has claimed the top spot as the preferred blockchain ecosystem for new developers, eclipsing Ethereum’s dominance for the first time in nearly a decade. A report by Electric Capital highlighted that 7,625 new developers joined the Solana network in the past year, marking the first time any blockchain ecosystem has surpassed Ethereum in developer […]
The post Solana emerges as fastest-growing ecosystem for developers globally appeared first on CryptoSlate.

13 Dec 2024

Ledger wallet user reports 10 BTC loss — Community blames phishing

Hardware wallet provider Ledger has linked a recent loss of funds by one of its users to a phishing attack in February 2022.

13 Dec 2024

Dogecoin fractal hints at 85% DOGE price rally amid whale accumulation

Dogecoin repeats its bullish 2021 fractal, with whales piling in and Elon Musk’s influence sparking speculation of an 85% rally.

13 Dec 2024

Eigen Foundation pledges 1% of EIGEN token equaling $8M to support Ethereum development

The Eigen Foundation has committed 1% of its EIGEN token supply to the Protocol Guild, a group dedicated to Ethereum Layer-1 research and development. According to CryptoSlate data, the EIGEN token has a total supply exceeding 1.6 billion. With this pledge, the Protocol Guild could receive up to 1.6 million EIGEN tokens, valued at approximately […]
The post Eigen Foundation pledges 1% of EIGEN token equaling $8M to support Ethereum development appeared first on CryptoSlate.

13 Dec 2024

Bitcoin could hit $160K in 2025, fueled by improving macro conditions

An interest rate cut by the Federal Reserve may help Bitcoin finish the year at “record-breaking levels,” according to Bitfinex’s head of derivatives.

13 Dec 2024

Crypto Daybook Americas: Bull Momentum Stalls Ahead of Fed Rate Cut

Your day-ahead look for Dec. 13, 2024

13 Dec 2024

Larger Cohorts Than U.S. ETFs or MicroStrategy Are Dictating Bitcoin Price: Van Straten

Since September, MicroStrategy and U.S.-listed spot ETFs have accumulated approximately 200,000 bitcoin each.

13 Dec 2024

Gate io denies hacking rumors amid its GateToken rally to new ATH

GateToken, the native crypto of the Gate.io exchange, has surged to a new all-time high despite rumors about a potential security breach circulating on social media platforms. According to CryptoSlate’s data, the token reached $13.79 before slightly retreating to $13.29 at the time of reporting. As the exchange’s utility token, it provides benefits such as […]
The post Gate io denies hacking rumors amid its GateToken rally to new ATH appeared first on CryptoSlate.

13 Dec 2024

ZKsync targets 10K TPS and sub-zero fees by 2025 roadmap goals

ZKsync aims to accelerate personal freedom and mass crypto adoption through its developer-friendly blockchain stack.

13 Dec 2024

Miners Are Adopting the Same Bitcoin Acquisition Strategy as MicroStrategy: JPMorgan

The strategic shift to a bitcoin accumulation model is due to pressure on profitability following the reward halving, the report said.

13 Dec 2024

Bitcoin analysis: Start selling BTC when this key metric hits 4%

Bitcoin supply profitability should form a focus for those seeking to avoid the return of the BTC bear market, CryptoQuant said.

13 Dec 2024

Societe Generale Conducts Blockchain-Based Repo Transaction With French Central Bank

SocGen is claiming bragging rights as the first to conduct an on-chain repo transaction with a European central bank.

13 Dec 2024

Early Bitcoin investor jailed for unreported crypto gains in $4M BTC sale

A Texas Bitcoin investor faces two years in prison for failing to report over $4 million in cryptocurrency gains, setting a legal precedent.

13 Dec 2024

Polygon DAO Weighs $1.3B Stablecoin Deployment to Generate $70M Annual Yield

The plan uses Morpho Labs' vaults to manage USDC and USDT, targeting a conservative 7% annual return using various strategies.

13 Dec 2024

Exploring Brett Coin: The Meme-Based Crypto Revolution

Discover Brett Coin ($BRETT), a community-driven cryptocurrency with unique features, market potential, and integration possibilities. Learn how to buy, store, and manage Brett Coin securely.

13 Dec 2024

From DAG Tech to DeFi Powerhouse: Unlocking Fantom’s (FTM) Full Potential

Explore Fantom (FTM), a high-speed blockchain redefining DeFi with its unique DAG-based technology, scalable ecosystem, and cross-chain compatibility. Learn how to acquire, store, and invest in FTM.

13 Dec 2024

Ether Volume Overshadows Bitcoin on HyperLiquid as Platform Activity Hits $500B

The record trading activity on HyperLiquid's perpetuals market is characrterized by users recently leaning more toward ether than bitcoin.

13 Dec 2024

Litecoin (LTC): Exploring Its Legacy, Innovations, and Future in the Crypto World

Discover Litecoin's journey from its creation to its role in the crypto ecosystem. Explore its market performance, technological advancements, industry adoption, and future prospects.

13 Dec 2024

DeFi Unleashed: Mastering Aave’s Crypto Lending and Flash Loans

Explore Aave's decentralized finance ecosystem, featuring flash loans, dynamic interest rates, and governance. Learn how to earn, trade, and manage risks in the evolving DeFi space.

13 Dec 2024

Unlocking the Power of Quant: SDK,Tools, Use Cases, and Future Market Potential

Discover how Quant SDK empowers blockchain developers with cutting-edge tools, multi-chain integration, and secure QNT token storage. Explore its market potential and future advancements.

13 Dec 2024

Breaking Blockchain Barriers: How Quant’s Overledger Redefines Interoperability？

Explore blockchain interoperability with Quant's Overledger technology. Learn how it transforms cross-chain transactions, supply chains, healthcare, and banking through seamless data connectivity.

13 Dec 2024

What is decentralized identity in blockchain?

Decentralized identity systems leverage blockchain technology to establish a secure, user-centric framework for managing identities.

13 Dec 2024

LINK Surges to 2021 Levels as Trump’s World Liberty Buys More Chainlink Tokens

LINK neared $30 in Asian morning hours Friday, data shows, with open interest (OI) on the token’s futures zooming to record highs above $860 million.

13 Dec 2024

Revolutionizing Payments: Mastering Cryptocurrency Solutions for 2024

Discover how cryptocurrency payment solutions revolutionize modern business transactions. Learn about top gateways, integration tips, benefits, and future trends in crypto payments.

13 Dec 2024

Ex-Paradigm investor raises $75M for new frontier-tech venture firm

Former Paradigm investment partner Casey Caruso’s Topology was backed by Andreessen Horowitz executives, an OpenAI founder and Paris Hilton.

13 Dec 2024

Bank of England watchdog asks firms to disclose crypto exposure

The UK’s central bank wants to monitor the stability of crypto and set future policy; it has asked local firms to disclose their current and future crypto plans.

13 Dec 2024