Japan cracks down on unregistered crypto exchanges
Japan’s Financial Services Authority (FSA) plans to strengthen internal audit processes at financial institutions, including crypto exchanges. According to a recent statement, the agency aims to address industry gaps and align with global standards in regulatory compliance. The FSA stated…
Exploring DeFi on Telegram: Alexander Sudeykin on EVAA Protocol and the TON ecosystem
Alexander Sudeykin, Co-Founder of EVAA Protocol, joined CryptoSlate’s Editor-in-Chief Liam “Akiba” Wright and CEO Nate Whitehill in a recent SlateCast episode. The discussion centered around EVAA Protocol, its integration with the Telegram ecosystem, and the transformative potential of the TON…
Kimchi premium recovers as KRWUSD drops to 15-year low
The Kimchi premium has seen a definite rebound after Christmas, recovering to 3.83% on Dec. 27. While this is still significantly lower than the 5.26% recorded on Dec. 22, it still represents a significant difference in Bitcoin prices between South…
KULR latest to add Bitcoin to corporate treasury with $21 million acquisition
Energy company KULR Technology Group unveiled the start of its Bitcoin (BTC) treasury on Dec. 4 by acquiring 217.18 BTC for approximately $21 million, at an average purchase price of $96,556.53 per Bitcoin. As of 2023, KURL registered nearly $11…
Montenegro court rejects Do Kwon’s extradition appeal
Montenegro’s Constitutional Court unanimously rejected Terraform Labs’ co-founder Do Kwon’s appeal regarding a verdict on his extradition over legal issues, Korea JoongAng Daily reported on Dec. 25. The decision clears the path for Montenegro’s Justice Minister to determine Kwon’s extradition…
Bitcoin options OI hits $44B as futures trading cools
The holiday spirit failed to bring any stability to the crypto market, with Bitcoin seeing its price drop from $97,300 on Dec. 22 to $94,800 on Dec. 24. Christmas Day saw a slight recovery, but Bitcoin consolidated back to $98,000…
MV Global predicts significant expansion for DeSci sector via utility memecoins
Decentralized Science (DeSci) is poised for remarkable growth in 2025, fueled by utility memecoins, according to a recent report by MV Global. DeSci involves integrating blockchain technology into scientific research. Its goal is to revolutionize the traditional scientific ecosystem by…
Russia to limit mining in energy-strapped regions until 2031
Russian lawmaker proposes strategic Bitcoin reserve to counter geopolitical challenges Adoption 2 weeks ago As Bitcoin gains traction globally, Tkachev’s plan positions Russia to use digital currency as a hedge against geopolitical financial barriers.
MicroStrategy’s $42 billion Bitcoin plan includes increasing shares from 330 million to 10 billion
In yesterday’s preliminary proxy statement with the SEC, MicroStrategy introduced a plan to increase authorized shares from 330 million to 10.33 billion as part of its $42 billion 21/21 Plan. It outlines proposals for a 2025 Special Meeting of Stockholders, including…
Memecoins capture 31% of investor mindshare in 2024, surging 4x in popularity
Memecoins dominated 31% of crypto narratives in 2024, according to a report by CoinGecko. This represents nearly 4x growth compared to last year when the theme appeased just 8.32% of investors out of 25 narratives. The rise of memecoins, initially…