US election hopes spark three-month high inflow of over $2 billion in crypto investments
Global digital asset investment products saw their inflows hit a three-month high of $2.2 billion last week — the largest weekly inflow since July— amid optimism surrounding the upcoming US elections, according to CoinShares’ latest weekly report. James Butterfill, Head…
Post halving, Bitcoin miners are choosing between hodling BTC and upgrading to AI
After the Bitcoin halving took place in April, major Bitcoin miners have increasingly started choosing one of two strategies — either hodl the BTC they mine or gear up with artificial intelligence (AI). The BTC halving slashes the earings of…
BlackRock eyes crypto derivatives market with BUIDL as collateral
BlackRock is reportedly in discussions with several centralized exchanges to allow its BUIDL fund to be used as collateral for derivatives trades As reported by Bloomberg on Oct. 18, people familiar with the matter shared that the move includes exchanges…
North Korea links suspected in $5 million breach of Tapioca DAO
Tapioca DAO, a decentralized money market protocol on LayerZero, suffered a security breach on Oct. 18, causing its native TAP token to lose more than 90% of its value. Blockchain security firm Cyvers revealed that the protocol’s deployer address was…
Revolutionizing Biotech: Paul Kohlhaas discusses decentralized science and open innovation
In a recent episode of the SlateCast, Paul Kohlhaas, the founder of BIO Protocol, joined CryptoSlate CEO Nate Whitehill and Senior Editor Liam “Akiba” Wright to discuss the future of biotechnology through decentralized science (DeSci). Kohlhaas explained BIO Protocol’s vision for revolutionizing biotech…
Singapore’s DBS Bank integrates Ethereum-compatible tech for institutional finance
Singapore’s DBS Bank has introduced a blockchain-driven banking service for institutional investors, featuring tokenization and smart contract capabilities. On Oct. 18, the leading financial institution stated that its DBS Token Services is designed to enhance transaction banking and improve operational…
Survey suggests Democrat voters see crypto as slightly more important to election than Republicans
A survey by the Digital Chamber, a pro-crypto trade group, reveals that the crypto industry could impact the upcoming US Presidential Election even more than anticipated. An estimated 26 million voters are in the sector’s voting bloc. The survey found…
Polymarket volume hits $2 billion with Trump leading election bets
The decentralized prediction platform Polymarket has surpassed $2 billion in total volume for the upcoming 2024 US presidential election. As of now, Republican candidate Donald Trump holds a commanding 61.3% chance of winning, with over $605 million in volume and…
Vitalik Buterin’s ‘Surge’ plan aims for exponential Ethereum growth with 100,000 TPS
Ethereum co-founder Vitalik Buterin has outlined his vision for the next phase of the network’s evolution, known as “The Surge.” In an Oct. 17 blog post, Buterin shared critical objectives for this phase, aiming to achieve over 100,000 transactions per…
Two Polymarket whales bet $4 million for Trump across 1,600 trades in 24 hours as odds hits 59%
The top two holders of Trump positions on Polymarket have conducted over 1,600 trades supporting Donald Trump in the 2024 US Presidential Election market, totaling more than $4 million in the past 24 hours. Number of high frequency trades for…