Cryptoslate

Hyperliquid’s HYPE token surges past $50 amid stablecoin proposal competition

Hyperliquid’s governance token HYPE climbed above $50 during Asian trading hours, boosted by new bids to manage the decentralized exchange’s proposed stablecoin, USDH. According to CryptoSlate’s data, the token gained more than 7% in the last 24 hours to reach $50.08, edging close to its August peak of $51. This upward momentum reflects confidence in […]
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Cryptocurrency

Critics argue Stripe’s blockchain ambitions clashes with crypto decentralization

Christian Catalini, co-creator of Meta’s now-defunct Libra project, took to X to explain how Stripe’s Tempo blockchain fails one of the basic tenets of the crypto movement: decentralization. In fact, Catalini believes that if Stripe’s Tempo succeeds commercially, it would mean that early crypto idealists will have to embrace a future where the original ethos […]
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Cryptocurrency

Tether CEO refutes claims that the firm sold Bitcoin and bought gold

Paolo Ardoino, CEO of Tether, the issuer of the largest stablecoin USDT, took to X on Sunday to refute claims about the firm selling its Bitcoin (BTC) to invest in gold. In his post, Ardoino wrote that “Tether didn’t sell any Bitcoin,” adding that: “While the world continues to get darker, Tether will continue to […]
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Cryptocurrency

Open letter to Bitcoin Core: ‘Bitcoin is and must remain censorship resistant’

“Dear Bitcoin Core, Bitcoin is and must remain censorship resistant.” That’s the promise, the battle, and the line in the sand drawn this week as Leonidas, the host of The Ordinal Show, weighs in on the raging Spam Wars, warning Bitcoin Core: “Any serious attempt by Bitcoin Core to tighten policy rules or censor Ordinals […]
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Cryptocurrency

Tokenized assets are already nearing $300 billion led by stablecoins

According to recent data by Token Terminal, tokenized real-world assets (RWAs) are already nearing $300 billion, a milestone that was projected to be reached in 2030. An additional report by RedStone Finance found that RWAs on-chain could hit as much as $30 trillion by 2034. While most of the momentum is made up of stablecoins […]
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Cryptocurrency

If selling $2 billion crashes the BTC price, why doesn’t buying $83B send it to space?

In the spirit of no stupid questions, Bitcoin influencer Crypto Tea released a post on X that many people are wondering but haven’t said out loud. If previously dormant whales can crash the BTC price by selling $2 billion in BTC, why doesn’t a year of relentless buying pressure to the tune of over $80 […]
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Cryptocurrency

At over $3,600 an ounce, everyone’s buying gold

Everyone’s buying gold. The boomer rock blasted past $3,600 this week to mark a fresh all-time high and draw investors far and wide into its glittery orbit. So why is the gold price surging? It’s the result of a perfect storm: a cooling labor market in the U.S., expectations of rate cuts, relentless geopolitical jitters, […]
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Cryptocurrency

Are crypto treasury companies a marvel of financial engineering or a ticking time bomb?

The following is a guest post and opinion of Robert Schmitt, Founder of Cork Protocol. Many people view crypto treasury strategy companies as a form of leveraged crypto exposure to digital assets. In many ways, this thinking is correct, as these companies seek to deliver amplified returns by strategically accumulating and managing digital assets on […]
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Cryptocurrency

Polygon developer calls World Liberty Financial the ‘scam of all scams”

Polygon developer Bruno Skvorc lashed out at World Liberty Financial (WLF) on Saturday, accusing the company of stealing his funds. In a post on X, Skvorc wrote: “…they stole my money, and because it’s the @POTUS family, I can’t do anything about it.” Skvorc was one of the hundreds of users, including Tron founder and […]
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Cryptocurrency

Beyond the trillion-dollar hype, is decentralized infrastructure ready to power the world?

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. Decentralized Physical Infrastructure Networks (DePIN) has become one of the crypto industry’s darlings, among the fastest-growing sectors in web3. According to the World Economic […]
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Cryptocurrency

Investigators find no fraud in Cardano’s decade-old voucher initiative in forensic report

An independent investigation commissioned by Input Output found no evidence to support accusations of fraud or misconduct in Cardano’s decade-old ADA Voucher Program, according to a forensic report released on. The review, conducted jointly by law firm McDermott Will & Emery and accounting firm BDO, examined public claims that insiders misused ADA, manipulated blockchain upgrades […]
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Cryptocurrency

SWIFT CIO questions Ripple and XRP’s readiness for global banking standards

SWIFT’s Chief Innovation Officer, Tom Zschach, has raised doubts about whether Ripple’s technology and the XRP token can meet the standards global banks demand for cross-border settlement. His remarks, posted on LinkedIn, sparked renewed debate within the XRP community, which has long positioned Ripple as a challenger to SWIFT’s dominance. Zschach said some observers view […]
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Cryptocurrency

European Central Bank touts digital euro as key to payment security and inclusivity

The European Central Bank said that its proposed digital euro would strengthen Europe’s defenses against cyber and infrastructure disruptions while ensuring broad access to digital payments. Piero Cipollone, a member of the ECB’s Executive Board, told the European Parliament’s Economic and Monetary Affairs Committee that resilience and inclusiveness must be central features as the bloc […]
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Cryptocurrency

Bloomberg analyst says altcoin ETF approvals unlikely to trigger a traditional alt season

Bloomberg ETF analyst James Seyffart argues the current market represents an altcoin season through digital asset treasury companies rather than traditional token price rallies, with upcoming ETF approvals unlikely to replicate Bitcoin’s institutional success. During a Sept. 4 interview with Milk Road, Seyffart said digital asset treasury companies (DATCO) have generated massive returns while individual […]
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Cryptocurrency

World Liberty Financial blocklists Justin Sun’s address holding 595 million WLFI

World Liberty Financial (WLFI) blocklisted a wallet address belonging to Justin Sun, preventing the Tron founder from selling his 595.109 million WLFI tokens worth nearly $104 million. The blocklisting affects both unlocked and locked tokens in Sun’s wallet, according to on-chain data. The wallet address is: “0x5AB26169051d0D96217949ADb91E86e51a5FDA74” Sun invested $75 million total in WLFI, making […]
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Cryptocurrency

Businesses embrace Bitcoin amid 2025 bull market surge – River

Businesses have become a driving force in Bitcoin’s 2025 bull market, with corporate holdings now accounting for more than 6% of its total supply, according to a new report from River Financial. The report found that in the first eight months of 2025 alone, business inflows into Bitcoin surpassed last year’s total by $12.5 billion, […]
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Cryptocurrency

Stripe and Paradigm reveal Tempo layer-1 blockchain for stablecoin payments infrastructure

Stripe and Paradigm unveiled Tempo, a layer-1 blockchain designed for stablecoin payments. A Sept. 4 announcement from Paradigm founder Matt Huang validates speculation that began when Stripe posted and quickly deleted blockchain engineering job listings in August. Private testnet phase Tempo operates in a private testnet with select partners testing cross-border payouts, B2B payments, and […]
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Cryptocurrency

NEAR and TRON Enable Seamless Cross-Chain Stablecoin Transfers with NEAR Intents Integration

Geneva, Switzerland, September 4, 2025  – TRON DAO, the community-governed DAO dedicated to accelerating the decentralization of the internet through blockchain technology and decentralized applications (dApps), today announced a strategic collaboration with NEAR to integrate NEAR Intents on the TRON blockchain. The integration enables seamless swaps through a frictionless, intent-based experience for users and ecosystem […]
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Cryptocurrency

New economic data rejects Trump’s 350bps rate cut dream as Bitcoin falls while stocks climb

US services inflation stayed elevated in August, complicating expectations for the Federal Reserve as markets look for a September policy adjustment. The likelihood of a small 25bps cut is now increasing, which is likely to anger President Donald Trump, who has advocated for a mammoth 350bps cut. The ISM Services Prices Index registered 69.2, only slightly […]
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Cryptocurrency

SEC finally pivots from courtroom battles to rulemaking, offering predictability the market lacked

The Securities and Exchange Commission has set a rulemaking agenda that shifts U.S. crypto oversight toward formal rules, outlining proposals on the offer and sale of digital assets, broker-dealer treatment, and the potential for crypto trading on national exchanges and alternative trading systems. The agenda also includes plans to streamline disclosures and reduce compliance burdens […]
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Cryptocurrency

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 […]
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Cryptocurrency

Hong Kong regulators warn against hype-driven stablecoin market swings

Hong Kong’s financial regulators cautioned investors to avoid making impulsive bets on stablecoin-linked assets after a spate of sharp price swings tied to speculation, corporate announcements, and unverified claims about licensing plans in the city. In a joint statement, the Hong Kong Monetary Authority (HKMA) and the Securities and Futures Commission (SFC) said they had […]
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Cryptocurrency

OFAC targets Kyrgyzstan-based firms, stablecoins over Russian sanctions violations

The U.S. Treasury’s Office of Foreign Assets Control sanctioned multiple companies and individuals accused of using stablecoins to help Russia skirt international sanctions tied to its war in Ukraine on Aug. 14. The designations target both Russian-linked businesses and foreign intermediaries alleged to have facilitated large-scale cross-border transactions for sanctioned entities. The move highlights OFAC’s […]
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Cryptocurrency

Google backs Bitcoin miner TeraWulf’s $1.8B AI project

TeraWulf, a prominent Bitcoin miner, has secured a strategic partnership with Google as part of its high-performance computing (HPC) co-location agreements with Fluidstack. According to an Aug. 14 statement, the search engine giant will backstop $1.8 billion of Fluidstack’s lease obligations, providing critical support for project-related debt financing. The arrangement grants Google a warrant to […]
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Cryptocurrency

Bloomberg faces lawsuit for disclosing Justin Sun’s TRON token holdings

Tron founder Justin Sun has filed a lawsuit against Bloomberg, accusing the media outlet of unlawfully disclosing his private financial information in its Billionaires Index profile. In an Aug. 11 court filing, the crypto billionaire alleged that Bloomberg intended to “recklessly and improperly” publish highly confidential and proprietary details about his crypto holdings. He argued […]
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Cryptocurrency

Ethereum staking faces $3.28 billion exit queue as delays hit longest wait in months

Ethereum’s staking network is under sustained withdrawal pressure, with the validator exit queue experiencing its longest wait time over the past month. Data from the Validator Queue shows that, as of Aug. 14, stakers face an average of 12 days before they can fully withdraw their funds, a sharp departure from the typical sub-day turnaround. […]
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Cryptocurrency

BtcTurk hack sees $48 million in crypto vanish from hot wallets

Turkish crypto exchange BtcTurk has been targeted by a major cyberattack, which resulted in the theft of roughly $48 million in digital assets. On Aug. 14, blockchain security firm Cyvers reported that the stolen funds were moved across multiple networks, including Ethereum, Avalanche, Arbitrum, Base, Optimism, Mantle, and Polygon. Most of the assets were transferred […]
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Cryptocurrency

Bitcoin’s 5% flash crash to $118k triggers $577 million liquidation in 1 hour

Bitcoin’s price experienced a sharp pullback on Aug. 14, dropping below $120,000 less than a day after reaching a new all-time high above $124,000. According to CryptoSlate data, BTC fell to $118,479 at press time, marking a 2.07% decline on the 1-hour candle and 5% from its 24-hour peak. The sudden dip rippled across the […]
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Cryptocurrency

Strategy and El Salvador saw massive gains as Bitcoin hit new peak

Strategy (formerly MicroStrategy) and El Salvador showcased huge paper gains from their Bitcoin holdings after the flagship crypto surged to a new all-time high above $124,000. Strategy’s Bitcoin holdings reach ATH On Aug. 13, Strategy Chairman Michael Saylor announced that the company’s Bitcoin portfolio had reached a record high of $77.2 billion. This nearly doubles […]
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Cryptocurrency

Bitcoin ETFs to lock up 1.5 million BTC by New Year as supply squeeze tightens grip

Bitcoin spot exchange-traded funds are on pace to hold more than 1.5 million BTC by year-end if current inflow rates persist, according to holdings data tracked by WalletPilot. This would allocate more BTC to ETFs than most estimates for lost coins, which stand around 1.4 million BTC. U.S. spot ETFs collectively hold about 1.296 million […]
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Cryptocurrency