Everything web3, crypto, defi, degen
In brief Thailand’s SEC proposes easing knowledge test rules for retail crypto investors, allowing them to skip repeat tests if already passed, replacing the current 3-month retesting requirement. New rules would mandate suitability tests for all digital token investors, reviewed every two years, to ensure alignment between investor risk tolerance and product risk. The proposed…
In brief Bitcoin’s dominance is creeping down, but it’s too early to tell if it’ll become a trend, 21Shares’ Adrian Fritz said. At $2.3 trillion, Bitcoin’s dominance stood at around 61% on Friday. CoinMarketCap’s Altcoin Season Index stood at 43, leaning toward Bitcoin. Bitcoin’s grip on the $4 trillion cryptocurrency market may be loosening, but…
In brief Solana will outperform Ethereum this year, despite recent shifts in momentum, according to 21Shares’ Adrian Fritz. Ethereum’s ecosystem may be more mature, but Solana showed promise with a burst of activity related to meme coins in January, he said. Ethereum will crack its 2021 record price, but Solana will still outperform, he said.…
In the latest SlateCast episode, CryptoSlate’s Editor‑in‑Chief Liam “Akiba” Wright and CEO Nate Whitehill sat down with Dustin Hedrick, co‑founder of The Roar, to unpack how RoarChain, a self‑custody‑first layer‑two built on the OP‑Stack, blends artificial‑intelligence tooling, fee‑backed yield, and a decade‑long roadmap to welcome the next wave of crypto users.Building a Self‑Custody L2 on OP‑StackRoarChain’s architecture begins with…
Pump.fun’s recent token sale has reignited debate around the sustainability of Solana’s meme launchpad model, according to a July 16 report by Alea Research titled “PumpFun: Asymmetric Upside or The Final Extraction.”The report explores whether the PUMP token offers asymmetric upside tied to Pump.fun’s revenue engine or reflects an extractive pivot during a waning memecoin…
In brief Electric vehicle maker Volcon said that it has raised $500 million to fuel a Bitcoin treasury. The company’s stock soared by nearly 135% on Thursday following the announcement. It is one of dozens of companies investing in Bitcoin, perhaps seeking lift its sagging stock. Shares of electric vehicle maker Volcon soared nearly 135%…
Bit Origin has arranged up to $500 million in new capital to accumulate Dogecoin (DOGE) for its corporate treasury, becoming the latest public company to shift its digital asset reserves beyond Bitcoin. The company stated in a current report on Form 6-K that accredited investors committed $400 million in Class A shares and $100 million in…
In brief XRP price set a new all-time high on Thursday, finally topping the seven-year old record. It previously peaked at $3.40 in 2018 during the ICO boom, per data from CoinGecko. Despite regulatory headwinds, which have mostly dissipated, XRP Ledger has been adopted by hundreds of financial institutions. The price of XRP rose to…
In brief OpenAI launched ChatGPT Agent, enabling AI to complete complex tasks using a virtual computer. The tool raises security concerns, including prompt injection attacks. OpenAI added safeguards, but warned users to stay cautious. OpenAI has unveiled its most autonomous AI tool yet: a version of ChatGPT that can browse the web, run apps, and…
In brief The Nasdaq has filed a 19b-4 rules change request that would allow BlackRock’s iShares Ethereum Trust ETF to add staking. The filing is the latest for Ethereum funds hoping to include staking functionality. Ethereum funds have pulled in $2.3 billion worth of investment over a nine-day streak. BlackRock aims to include staking in…
