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  • CryptoSlate - 18 March 2024, 9:24 pm

    Crypto exchange OKX is reportedly delisting Tether (USDT) pairs in the EU and will only support USDC and euro-based pairs, according to a message sent to a customer on March 18. The move comes days after the EU released draft technical standards related to stablecoins, which are set to come into effect from June. USDT […] The post OKX removes USDT pairs in Europe as new stablecoin regulations loom appeared first on CryptoSlate. Email Facebook Pinterest Twitter Reddit LinkedIn WhatsAppRead More

  • CryptoSlate - 18 March 2024, 8:30 pm

    A Federal High Court in Nigeria has ordered Binance to provide detailed information on all its Nigerian users to the country’s foremost anti-corruption agency — the Economic and Financial Crimes Commission (EFCC). The ruling comes amid rising tensions between the crypto exchange and Nigerian authorities over the past month as the country’s fiat currency collapsed […] The post Nigeria intensifies probe into Binance with court-ordered data disclosure appeared first on CryptoSlate. Email Facebook Pinterest Twitter Reddit LinkedIn WhatsAppRead More

  • CryptoSlate - 18 March 2024, 7:41 pm

    Worldcoin has publicly recently reaffirmed the legality of its operations across the globe amid rising regulatory concerns that have led some countries to halt its operations in their jurisdictions. The public declaration comes in the wake of a recent decision by Spain’s National Securities Market Commission (CNMV) to prohibit the startup’s activities within the country […] The post Worldcoin clarifies legality issues following Spain’s 3-month ban on its operations appeared first on CryptoSlate. Email Facebook Pinterest Twitter Reddit LinkedIn WhatsAppRead More

  • CryptoSlate - 18 March 2024, 6:32 pm

    There’s a misguided belief that memecoins are helping people out of poverty that I believe is really damaging to the space. More so, I think chains like Solana and Avalanche, which are seeing increased attention due to memecoin fervor, are incredibly overheated. Essentially, memecoin volumes are vanity metrics akin to likes and followers on social […] The post Memecoin volumes are just vanity metrics for desperate blockchains appeared first on CryptoSlate. Email Facebook Pinterest Twitter Reddit LinkedIn WhatsAppRead More

  • CryptoSlate - 18 March 2024, 5:00 pm

    Last week, digital asset investment products experienced a $2.9 billion net flow, marking two consecutive weeks of record-breaking inflows, according to CoinShares’ latest weekly report. This achievement propelled digital asset products to a new annual net flow record of $13.2 billion, exceeding the entire inflow for the 2021 bull run, which stood at $10.6 billion. […] The post Record $13.2 billion YTD inflow into digital assets eclipses 2021 total appeared first on CryptoSlate. Email Facebook Pinterest Twitter Reddit LinkedIn WhatsAppRead More

  • CryptoSlate - 18 March 2024, 3:59 pm

    Global financial giant Standard Chartered has revised its forecast for Bitcoin’s price, now foreseeing the flagship digital asset soaring to $150,000 by year-end, citing favorable market conditions. Earlier in the year, the bank’s head of crypto research, Geoffrey Kendrick, predicted that the BTC price would climb to $100,000 by the end of the year and […] The post Why Standard Chartered reviewed its Bitcoin price forecast to $150,000 appeared first on CryptoSlate. Email Facebook Pinterest Twitter Reddit LinkedIn WhatsAppRead More

  • CryptoSlate - 18 March 2024, 2:20 pm

    The Cardano blockchain has welcomed its first fiat-backed stablecoin with the introduction of the USDM by Mehen Finance on March 17. According to the project: “USDM will slowly be arriving on-chain the week of the 18th.” The launch of this stablecoin comes almost two years after the release of its white paper. Matthew Plomin, the […] The post USDM emerges as Cardano inaugural fiat-anchored stablecoin in a buoyant market appeared first on CryptoSlate. Email Facebook Pinterest Twitter Reddit LinkedIn WhatsAppRead More

  • CryptoSlate - 18 March 2024, 1:17 pm

    Solana’s SOL has surged to a new all-time high of 0.05797 against Ethereum, according to Tradingview data. This price performance follows its recent surge above the $200 mark for the first time since November 2021, coinciding with the blockchain record-breaking network activity. The price uptick has propelled Solana’s market capitalization to an unprecedented high of […] The post Solana establishes new all-time high against Ethereum with robust DEX trading activity appeared first on CryptoSlate. Email Facebook Pinterest Twitter Reddit LinkedIn WhatsAppRead More

  • CryptoSlate - 18 March 2024, 12:18 pm

    If you’re a keen reader of CryptoSlate, you may have noticed that our editorial style avoids referring to Bitcoin as ‘crypto.’ This isn’t accidental, and the choice was not pedantic. We believe that Bitcoin stands apart from other digital assets we traditionally classify under the broad term ‘crypto.’ I stand behind this vision; however, it […] The post I was wrong. Why I changed my opinion on Bitcoin in 2024. appeared first on CryptoSlate. Email Facebook Pinterest Twitter Reddit LinkedIn WhatsAppRead More

  • CryptoSlate - 18 March 2024, 10:05 am

    The developer of the Slerf memecoin inadvertently burned both the liquidity pool and the 500 million tokens designated for pre-sale participants in a botched launch today. The project had successfully raised over $10 million during its pre-sale. Over the weekend, the project was one of the numerous Solana-based memecoins that had attracted millions from crypto enthusiasts […] The post Amid investor craze Solana memecoin founder accidentally burns $10 million pre-sale tokens appeared first on CryptoSlate. Email Facebook Pinterest Twitter Reddit LinkedIn WhatsAppRead More