April 4, 2023 Deposits to zkSync surpass $110M as its DeFi ecosystem explodes Crypto traders are actively investing in projects launching on zkSync as the hype around its potential governance token airdrop increases. The total amount of…
April 4, 2023 Texas Senate committee moves forward on bill removing incentives for crypto miners Under the proposed legislation, certain crypto mining firms participating in a program to reduce the load on Texas’ energy grid would not receive an…
April 4, 2023 US-Saudi Tensions Escalate as Report Says Crown Prince Is No Longer Interested in Pleasing the United States After Saudi Arabia and members of the Organization of the Petroleum Exporting Countries (OPEC) surprised the world by announcing cuts to oil production, a…
April 4, 2023 PayPal and the credit card industry are taking advantage of consumers Stablecoins offer a way for consumers — particularly Americans — to escape the financial industry’s punitive transaction fees. More Americans are unable to pay…
April 4, 2023 Binance’s Q1 numbers reveal this about the future of the exchange. Assessing… Binance lost 16% share of its global trading volume in Q1 2023 The net stablecoin outflow reached -$295 million/day, which was the largest ever…
April 4, 2023 Research: Ethereum derivatives traders signal caution ahead of Shanghai upgrade Shanghai is the next major Ethereum upgrade, scheduled to go live on April 12. Once implemented, ETH staked on the staking contract will be…
April 4, 2023 Liquidity protocol Sentiment exploited for over $500K More than $536,000 was drained from the Synapse Bridge on April 4, according to Ethereum blockchain data. Sentiment, an undercollateralized lending protocol, appears to…
April 4, 2023 66% Of ADA Now Held by Retail Investors, Reflecting Strong Faith in Cardano’s Growth Cardano has continued to emerge as a strong contender in the cryptocurrency space, albeit the sector faces regulatory headwinds. This growth has been fueled…
April 4, 2023 Hash rate and sustainability: How Bitcoin’s rising processing power is a net positive for the environment The post Hash rate and sustainability: How Bitcoin’s rising processing power is a net positive for the environment appeared first on CryptoSlate.
April 4, 2023 Fed liquidity injections drive down US Treasury yields, but not Bitcoin price Regulatory uncertainty and the recent enforcement actions taken against major crypto exchanges reduces the odds of Bitcoin breaking above $30,000 in the short-term, but…