Liam Frost

Blog Info CryptoSlate
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Stats Has written 215 posts about cryptocurrency

Jan 04 2022

Cosmos-based DEX Osmosis breaks above $1 billion in locked value

Jan 04 2022 Published at CryptoSlate under tags  defi exchanges osmousd trading

The total value locked (TVL) on decentralized exchange (DEX) Osmosis, which is part of the Cosmos (ATOM) ecosystem, surpassed $1 billion today, according to decentralized finance metrics platform DeFi Llama. This comes as a result of rapid growth the DEX...

Jan 03 2022

Samsung’s new smart TVs will let users trade NFTs

Jan 03 2022 Published at CryptoSlate under tags  adoption nfts technology

Soon buyers of Samsung’s new smart TVs will be able to browse, buy, and sell non-fungible tokens (NFTs) right from the comfort of their couches. According to an announcement published by South Korean multinational corporation Samsung Electronics today, the...

Eminem joins Bored Ape Yacht Club with $450,000 NFT purchase

Jan 03 2022 Published at CryptoSlate under tags  adoption nfts people

Popular rapper Marshall Mathers, better known as Eminem, has joined the ranks of non-fungible token (NFT) enthusiasts as he bought Bored Ape Yacht Club #9055 for 123.45 Ethereum (roughly $453,000 at the time) over the past weekend....

Dec 25 2021

This is how the central bank can bar Russians from buying Bitcoin

Dec 25 2021 Published at CryptoSlate under tags  adoption btcusd regulation trading

Last week, sources in the financial markets industry revealed that Russia’s central bank (Centrobank) wants to bar the country’s residents from buying Bitcoin and other cryptocurrencies. Consequently,...

Dec 23 2021

Arsenal FC faces regulatory heat in UK over ‘misleading’ fan token promos

Dec 23 2021 Published at CryptoSlate under tags  adoption regulation tokens

The U.K. Advertising Standards Authority (ASA) has banned two ads promoting AFC, the fan token launched by famous football club Arsenal, ruling that the promos are “irresponsible” and “misleading.”...

Dec 22 2021

DeFi token VISR plunges by 95% following $8 million hack

Dec 22 2021 Published at CryptoSlate under tags  defi hacks

Decentralized finance (DeFi) liquidity management protocol Visor Finance became yet another victim of hackers last night as perpetrator(s) siphoned over 8.8 million VISR tokens—worth $8.1 million at the time. “On December 21st 2021 02:29:11 PM UTC a malicious contract drained Visor Finance’s staking contract of 8,812,958 VISR tokens. The attack was made possible by implementing the...

FBI looks to return $190 million in Bitcoin seized from alleged Sony Life embezzler

Dec 22 2021 Published at CryptoSlate under tags  btcusd crime

The Federal Bureau of Investigations (FBI) has taken the first legal action to return 3,879 Bitcoin (roughly $190 million)—which it recently seized from an alleged embezzler—to insurance company Sony Life, a subsidiary of Tokyo-based Sony Group Corporation. According to the agency’s...

Dec 21 2021

Binance agrees to help Dubai develop ‘progressive virtual asset regulations’

Dec 21 2021 Published at CryptoSlate under tags  exchanges partnerships regulation

Cryptocurrency exchange giant Binance today announced that it has signed a Memorandum of Understanding with the Dubai World Trade Centre Authority (DWTCA) to “outline the vision of accelerating the set-up of a new industry hub for global virtual assets.”...

Dec 20 2021

Cardano users can now spend ADA at 40,000 US stores via Flexa network

Dec 20 2021 Published at CryptoSlate under tags  adausd adoption payments

“Pure-digital” payments processor Flexa has added support for ADA, the Cardano blockchain’s native cryptocurrency, bringing it to the network's ever-growing roster of available payment options. “At last, the native asset of Cardano is live on Flexa. Now you can spend your $ADA instantly at over 40,000 locations across the US!” Flexa tweeted over the past weekend....

Dec 18 2021

Tron Foundation to dissolve as Justin Sun takes up government job in Grenada

Dec 18 2021 Published at CryptoSlate under tags  people trxusd

The Tron Foundation, the organization behind the TRON (TRX) cryptocurrency, today announced that it will dissolve itself next summer, leaving the blockchain’s ecosystem completely in the hands of its community....

Harvard, MIT, Oxford, others tap $2.5 billion BitDAO to aid blockchain education

Dec 18 2021 Published at CryptoSlate under tags  academia adoption investments partnerships

Eight world-famous universities, including UC Berkeley, Harvard, MIT, and Oxford, have founded a new decentralized autonomous organization (DAO) that will focus on addressing the “funding crisis and skills gap” in blockchain research and education. Dubbed Education DAO (EduDAO), the new organization will have access to a pool of $2.5 billion worth of assets...

Dec 17 2021

Russia’s central bank wants to prohibit crypto investments: report

Dec 17 2021 Published at CryptoSlate under tags  btcusd exchanges regulation trading

The central bank of Russia (Centrobank) is reportedly seeking to bar the country’s residents from buying Bitcoin and other cryptocurrencies, two anonymous financial market sources revealed to Reuters today. Per the report, Centrobank is concerned about potential risks to the country’s financial stability that “the rising...

Dec 13 2021

Crypto exchange Binance Singapore to close its doors in February

Dec 13 2021 Published at CryptoSlate under tags  bnbusd exchanges regulation trading

Binance Singapore, a subsidiary of global crypto exchange Binance in the city- state, has withdrawn its application for a crypto trading permit with the Monetary Authority of Singapore (MAS) and will shut down its operations on February 13, 2022. “We always put our users first, so our decision to close Binance.sg was not taken lightly. Our immediate priority is to help our users in...

Dec 10 2021

Russia drafts legal framework for confiscation of illicit Bitcoin

Dec 10 2021 Published at CryptoSlate under tags  btcusd crime legal regulation

The Russian Attorney General’s Office (Genprokuratura) is actively working on a swathe of new amendments to criminal law that would allow law enforcement agencies to legally confiscate illicitly gained Bitcoin (BTC) and other cryptocurrencies, attorney general Igor Krasnov revealed to RIA Novosti today. “We have developed amendments to...

Dec 09 2021

Ledger unveils crypto-native debit card, adds support for NFTs

Dec 09 2021 Published at CryptoSlate under tags  adoption btcusd exchanges nfts wallets

Hardware crypto wallet manufacturer Ledger has made a slew of announcements during the first day of its Ledger Op3n conference in Paris, including the upcoming launch of its brand new crypto-linked debit card and support for non- fungible tokens (NFTs). Dubbed “Crypto Life,” the new debit card is powered by Ledger’s technology and will allow holders to seamlessly spend...

Ubisoft injects Tezos-based NFTs into one of its worst ‘live service’ games

Dec 09 2021 Published at CryptoSlate under tags  adoption defi gamefi nfts xtzusd

Major video game publisher Ubisoft has revealed Quartz, the company’s new platform that will allow players to earn, collect, and trade non-fungible tokens (NFTs) in the form of so-called Digits—“the first NFTs playable in AAA games and running on energy-efficient technology.” “Each and every Digit is a high-quality asset and a unique, collectible piece of a Ubisoft world,” the company said. “The first...

Dec 08 2021

‘Vampiric’ Enso Finance aims to leech $1 billion from competing DeFi platforms

Dec 08 2021 Published at CryptoSlate under tags  altcoins defi ethusd trading

Social trading platform Enso Finance has announced a month-long “vampire attack” on six decentralized finance (DeFi) index projects in a bid to siphon their combined liquidity of nearly $1 billion. "Liquidity is the fuel that powers DeFi and it is the essence of Enso’s platform," noted Enso co-founder Connor Howe. "We want to show the community just how...

Dec 07 2021

Grayscale: 77% of US investors are ‘more likely’ to tap into crypto if SEC approves Bitcoin ETF

Dec 07 2021 Published at CryptoSlate under tags  adoption btcusd investments regulation

While more than a quarter of American retail investors already have Bitcoin (BTC) in their portfolios, this number would likely be much higher if the U.S. Securities and Exchange Commission (SEC) approves a spot-based Bitcoin exchange-traded fund (ETF), according to Grayscale Investments. Per the third annual...

Aug 08 2021

Ethereum (ETH) breaks above $3,000 as Bitcoin (BTC) breaks above $44,000

Aug 08 2021 Published at CryptoSlate under tags  altcoins btcusd ethusd price watch trading

It’s a “green” weekend for the crypto market today as most major digital assets are seeing daily gains. Over the past couple of days, a lot of eyes have been glued to Ethereum’s (ETH) price movements since the blockchain underwent a massive network upgrade called London...

Jul 28 2021

Binance limits daily withdrawals to $2,000 for basic accounts amid regulatory woes

Jul 28 2021 Published at CryptoSlate under tags  btcusd exchanges kyc regulation

Major cryptocurrency exchange Binance today announced that users who passed only “Basic” verification soon won’t be able to withdraw more than 0.06 Bitcoin (roughly $2,000) worth of funds per day—down from the previous limit of 2 BTC (around $80,000...

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