New Hampshire State Representative Keith Ammon introduced legislation to create a strategic reserve of digital assets with an average yearly market cap of over $500 billion and US-pegged stablecoins to the state treasury, according to a bill introduced on Jan. 9. The bill caps investments in these alternative assets at 10% of the total public […]
The new year hasn’t brought stability to Bitcoin’s price, with BTC experiencing significant volatility this week. The volatility peaked on Jan. 9, with the price opening at $95,057 and reaching a high of $95,346 before dropping sharply to $90,707. This $4,640 trading range represented a drop of around 4.9%. Intense volatility like that tends to […]
The fintech company Block could be the first publicly listed company holding Bitcoin (BTC) in its treasury to integrate the S&P 500 Index within 21 months, according to Matthew Sigel, head of digital assets research at VanEck. He highlighted that the firm, founded by Twitter co-founder Jack Dorsey, reportedly satisfied the final hurdle for listing […]
Jonathan Bouzanquet, the Co-Founder and Chief Strategy Officer of Playa3ull Games, joined CryptoSlate’s SlateCast alongside Editor-in-Chief Liam “Akiba” Wright and CEO Nate Whitehill. In a thought-provoking discussion, Bouzanquet shared his vision for blockchain gaming, emphasizing a community-first approach, sustainable funding, and the potential of blockchain technology to revolutionize the gaming industry. Building Games Backwards: A […]
Terraform Labs co-founder Do Kwon is scheduled to be tried on Jan. 26, 2026, according to a status conference following his extradition to the US, Inner City Press reported on Jan. 8. The court has scheduled a pretrial conference for Mar. 6, 2025, with updates due by Feb. 27. Judge Paul Engelmayer has encouraged plea […]
An FTX creditor Lidia Favario has raised concerns about the excessive spending by bankruptcy managers handling the defunct exchange’s proceedings, according to a court filing. In a letter to Judge John Dorsey, Favario described the spending as extravagant and inconsistent with the Department of Justice (DOJ) guidelines on reasonable expenses. Questionable expenses Favario cited specific […]
Banco of Investimentos Globais (BiG), one of Portugal’s largest banks, started blocking fiat transfers to crypto platforms, according to a notification shared by Delphi Labs co-founder José Maria Macedo. The notification cited compliance with guidelines published by the European Central Bank (ECB), the European Banking Authority (EBA), and the Bank of Portugal about risks associated with […]
Traditional remittance giants like Western Union and MoneyGram are struggling to keep pace in an evolving financial ecosystem increasingly shaped by stablecoins. According to Matthew Sigel, Head of Digital Assets Research at VanEck, downloads of remittance giants apps have dropped significantly, with Western Union seeing a 22% decline and MoneyGram experiencing a 27% reduction. Traditional […]
MicroStrategy disclosed the acquisition of 1,070 Bitcoin for $101 million in a Jan. 6 filing with the US Securities and Exchange Commission (SEC). This marks the firm’s ninth consecutive week of aggressive purchases, bringing its total Bitcoin holdings to 447,470 BTC as of Dec. 31, 2024. The digital assets were purchased for an aggregate price of […]
Stacks, a layer-2 blockchain built on Bitcoin, has faced a significant outage lasting over four hours. According to its status page, the network ceased producing transaction blocks at 7:15 UTC on Jan. 6. Since then, no new blocks have been created, effectively halting transaction processing. Stacks Blockchain Outage (Source: Stacks) The project’s team confirmed the […]