Crypto market regains 11% capitalization in a week

👋 Wish to work with us? CryptoSlate is hiring for a handful of positions! On the week of June 13, the crypto market took a serious hit after Bitcoin’s worth fell. The... Read more »

Hardware Worth $1.9 Million Stolen in Russia’s Crypto Mining Capital

Russian legislation enforcement is wanting into the alleged theft of mining {hardware} valued at round $1.9 million. The highly effective computing tools disappeared from a crypto mining lodge in Irkutsk, the house... Read more »

Which Projects Could Be Affected by 3AC’s Liquidity Crisis?

Key Takeaways Three Arrows Capital is dealing with a liquidity disaster because of the collapse of the crypto market. It is believed that the agency may very well be dealing with chapter... Read more »

Yuga Labs sues BAYC critic Ryder Ripps over claims of Nazi origins

👋 Need to work with us? CryptoSlate is hiring for a handful of positions! Yuga Labs, the corporate behind Bored Ape Yacht Membership, has issued a authorized grievance in opposition to Ryder... Read more »

Netherlands-Based Coinbase Customers Required to Submit KYC Data When Transferring Crypto off the Platform

Coinbase has introduced that the corporate plans to introduce quite a lot of adjustments for patrons within the Netherlands so as to adjust to the 1977 Sanctions Act, a regulation that not... Read more » Receives Regulatory Nod in Singapore

Key Takeaways The Financial Authority of Singapore has granted in-principle approval to The agency nonetheless must get hold of a license to broaden its cost providers within the nation.’s Cronos... Read more »

Investors pull Bitcoin from exchanges as BTC on CEXs at lowest levels since 2018

👋 Need to work with us? CryptoSlate is hiring for a handful of positions! The variety of Bitcoins held on centralized exchanges has dropped to the bottom stage since 2018, in line... Read more »

Iran to Shut Down Crypto Mining Farms Amid Record High Power Demand

Authorities in Iran plan to unplug licensed crypto mining amenities as electrical energy consumption within the nation is reaching file highs. The mining farms shall be minimize off from the grid on... Read more »

Albania to Start Taxing Crypto-Related Income From 2023

Authorities in Albania are finalizing rules that can enable the taxation of earnings and earnings from cryptocurrency investments. The federal government intends to start imposing the levy in 2023, after adopting the... Read more »

Bitcoin traders expect a ‘long consolidation’ phase now that BTC trades below $21K

Crypto merchants had a short alternative to pause and take inventory of the place issues are on June 16 because the relentless promoting that has hammered Bitcoin (BTC) and the broader market... Read more »