Pi Network’s token is drawing attention after rallying over 110% in just one week, buoyed by a wider crypto market upswing. According to CryptoSlate’s data, the token, which had dropped to a low of $0.40 in April, rebounded strongly to cross the $1 threshold and peaked at $1.53 during the latest rally. This marks the […]
Movement Labs has removed co-founder Rushi Manche and restructured under a new name, Move Industries. The company announced Manche’s termination on May 7, saying: “Movement Labs has terminated Rushi Manche. Movement will continue under different leadership. Details on leadership changes and a revamped governance structure will be coming soon.” The decision follows a high-profile investigation
Ethereum has activated the Pectra upgrade on its mainnet, marking a significant milestone for the blockchain network. The upgrade went live at epoch 364032 on May 7 around 10:05 UTC. Tim Beiko, the Ethereum Foundation’s Protocol Support Lead, confirmed the upgrade, stating that Pectra had successfully gone live and finalized. He noted that ongoing testing
Ethereum Pectra upgrade is live, bringing major changes to wallet functionality Read More »
Information is spreading online that Jeffy Yu, co-founder of the AI Agent crypto project Zerebro, died following a livestreamed suicide on May 4. Cryptoslate has been unable to verify whether the reports are accurate or a part of a darkly elaborate marketing campaign for a new memecoin. The event was initially confirmed by an obituary
Zerebro co-founder Jeffy Yu allegedly commits suicide amid speculation and mystery Read More »
KuCoin has pushed back against claims suggesting it lost over 77% of its Bitcoin reserves since 2023. The crypto exchange labeled the circulating figures misleading and inaccurate, emphasizing its commitment to transparency and responsible reporting. KuCoin’s falling Bitcoin reserves? The controversy stems from a report by Onchain School, a data-focused platform citing data from CryptoQuant.
Bitcoin Core’s reportedly planned removal of the long-standing OP_RETURN limit has sparked sharp division across the ecosystem. The upcoming release will, by default, lift the 80-byte ceiling that previously restricted transaction-embedded data, positioning the change as a modernization of policy in response to shifting network practices. OP_RETURN Originally introduced as a soft deterrent, OP_RETURN allowed
Bitcoin Core’s OP_RETURN limit removal divides crypto community Read More »
According to Financial Times analysis, a small cohort of traders secured nearly $100 million in profits from Melania Trump’s MELANIA token within minutes of its market debut. Insider trading allegations Its on-chain analysis suggests that two dozen digital wallets purchased $2.6 million worth of tokens less than three minutes before Trump’s Jan. 19 post on
MELANIA memecoin insiders reportedly make over $150 million including pre-sale trades Read More »
Ripple has pledged $25 million in its RLUSD stablecoin to support US education through nonprofit organizations DonorsChoose and Teach For America. The contribution, revealed on May 5, aims to support teachers, fund classroom projects, and expand access to essential academic resources for underserved communities across the United States. This initiative comes at a time when
Ripple commits $25 million in RLUSD stablecoin to boost US education Read More »
Ethereum co-founder Vitalik Buterin has warned that Layer-2 networks should only transition to full decentralization when their underlying proof systems are highly reliable. In a May 5 post shared on X (formerly Twitter), Buterin emphasized that advancing to “stage 2″ of decentralization must be accompanied by solid technical safeguards to avoid introducing unnecessary risks. He
Vitalik Buterin highlights risk of weak proof systems in Ethereum Layer-2 rollout Read More »
Litecoin’s native token, LTC, has posted notable gains amid speculation that the US Securities and Exchange Commission (SEC) may approve a spot Litecoin exchange-traded fund (ETF) proposed by Canary Capital. According to CryptoSlate’s data, the digital asset rose over 4% to reach $89, the highest level seen since March, while most other cryptocurrencies remained flat
Litecoin climbs on hopes of ETF green light from SEC Read More »
