Web3 gaming platform Sandbox drops valuation by $3 billion as it raises $20 million
The Sandbox, a subsidiary of Animoca Brands, has announced a $20 million funding round at a $1 billion valuation cap aimed at expanding its creator…
Category: Crypto Slate
Minutes Network
The Minutes Network project is an ambitious initiative poised to revolutionize the call termination market by utilizing new proprietary and blockchain technology. The project’s primary…
Despite heavy outflows, CEXs continue to be pillars of liquidity
Centralized exchanges are the primary gateways for traders to buy and sell crypto. Despite the significant rise in popularity and usage of decentralized exchanges (DEXs)…
FTX creditor group files objection against bankruptcy reorganization plan
A group of FTX creditors led by Sunil Kavuri has objected to the reorganization plan filed by the defunct exchange’s bankruptcy managers. According to a…
StanChart predicts new ATH on favorable payroll data, maintains $150k per token outlook
Bitcoin is poised to reach a new all-time high this weekend if upcoming payroll data on June 7 is favorable, according to Standard Chartered’s head…
Core Scientific upholds deal with CoreWeave amid rejecting $1 billion ‘unsolicited’ buyout
Core Scientific (CORZ) has rejected an “unsolicited” $1 billion buyout offer from CoreWeave, deeming it significantly undervalued and not in the best interests of its…
Senate bill could target crypto protocols due to broad language on digital assets
This week, a bill placed on the Senate calendar introduces several provisions that could impact digital asset protocols and tokens. Although it does not explicitly…
Bitcoin mining difficulty sees second negative adjustment following April halving
Quick Take According to Newhedge, Bitcoin’s mining difficulty has decreased by -0.78%. This is the second negative adjustment in the last four, following the Bitcoin…
Fideum CEO discusses bridging traditional finance and DeFi in Europe
In a recent episode of the SlateCast, hosted by Senior Editor Liam “Akiba” Wright and CryptoSlate CEO Nate Whitehill, Ana Plotnikova, CEO and co-founder of…
Robinhood’s $200 million Bitstamp acquisition aims to expand global crypto footprint
Robinhood has announced its agreement to acquire global crypto exchange Bitstamp for approximately $200 million in cash. The acquisition, subject to regulatory approvals and customary…