Basel Committee report reveals 19 biggest financial institutions worldwide hold €9.4 billion worth of crypto. Global banking regulation standard Basel Committee’s latest report estimates the global bank exposure to crypto to be at 0.01%, as the 19 largest financial institutions hold €9.4 billion worth of crypto, which equates to 0.14% exposure. The report took the crypto asset[Read more…]
Author Archives: Cryptoslate
30
Sep
Sep
Cryptocurrency research firm Delphi Digital posted a chart showing Solana NFT volume surging, accompanied by the text: “Solana’s share of total NFT trading volume has increased from 7% to 24% over the past 6 weeks.” Solana is establishing itself as a viable alternative to ETH for NFTs The chart showed since mid-August, NFT volume on[Read more…]
30
Sep
Sep
Cryptocurrency research firm Delphi Digital posted a chart showing Solana NFT volume surging, accompanied by the text: Solana is establishing itself as a viable alternative to ETH for NFTs The chart showed since mid-August, NFT volume on the Solana chain has been trending upwards, leading to a peak of 40% in early September. A dip[Read more…]
22
Sep
Sep
An overwhelming majority of Helium’s (HNT) community has voted to migrate the wireless network to layer1 blockchain Solana (SOL). According to available information, the HIP 70 proposal received 6,177 votes (81.41%) in support of its plan, while 1,270 were against it. The vote ended in the early hours of Sept. 22, and roughly 15 million HNT tokens were staked[Read more…]
20
Sep
Sep
Web3 gaming company W3E will be hosting the world’s first Web3 e-sports tournament on Nov. 17 as a part of Istanbul Blockchain Week. The event will occur in Istanbul between November 14 and 17. The W3E global e-sports tournament will take place on the last day of the whole event. The ESA e-sports arena will be placed at[Read more…]
19
Sep
Sep
The case between the U.S. SEC and Ripple Labs could finally end after both parties filed for summary judgment. According to motions filed before the U.S. District Court of the Southern District of New York, the two parties are asking the court to give a summary judgment based on the evidence and arguments already presented. Summary judgment motions are usually[Read more…]
17
Sep
Sep
Binance misallocated roughly $20 million of Helium’s HNT token to its users due to an accounting bug, Coindesk reported on Sept. 16. According to the report, Binance has since patched the bug after its discovery. The Helium ecosystem has two tokens, HNT and MOBILE, that it uses to reward its network users. HNT is the native token[Read more…]
13
Sep
Sep
Algorand (ALGO) network believes it would be a better option for Helium (HNT) than Solana (SOL) even as voting commenced on the migration proposal. Two top executives of Algorand urged Helium developers to reconsider their stance on Solana because ALGO’s network offers a better option. Algorand’s chief technology officer John Woods tweeted that ALGO’s blockchain meets[Read more…]
07
Sep
Sep
Thailand’s SEC has accused Zipmex and its CEO Eklarp Yimwilai of non-compliance with a request to provide details of transactions and wallets used to hold customers’ assets prior to the withdrawal freeze. Zipmex had paused all withdrawal requests from its Z wallet on July 20. The SEC issued a letter on July 21, asking for clarifications on how assets held in the[Read more…]
06
Sep
Sep
Cardano (ADA) founder Charles Hoskinson said Ethereum Classic (ETC) is a “dead project with no purpose or compelling argument to exist outside of spite.” Hoskinson gave this response to allegations that he wanted to exploit ETC miners. An Ethereum Classic supporter on Twitter had accused Hoskinson of trying to milk the network after he proposed a 20% miner[Read more…]
