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Home2023July

Month: July 2023

Algorand's Largest DeFi Protocol Shutting Down Operations
NFT

Algorand’s Largest DeFi Protocol Shutting Down Operations

July 14, 2023 CryptoExpert

Algorand-based decentralized finance (DeFi) protocol, Algofi, has announced winding down its operations. In a statement, Algofi cited a “confluence of events” as the reason behind its decision that has rendered it no longer viable to […]

StrikeX takes huge strides in their mission to tokenise global securities markets
Business

StrikeX advances in mission to tokenise global securities markets

July 14, 2023 CryptoExpert

Founded in 2021, at StrikeX we have long been passionate advocates for the tokenisation of real-world assets (RWAs). We understand that the future of financial markets is tokenised and have been diligently laying the foundations […]

DeFi Protocol Hack Drains $455K from Arcadia Finance
Market Analysis

DeFi Protocol Hack Drains $455K from Arcadia Finance

July 14, 2023 CryptoExpert

Share this article DeFi protocol Arcadia Finance fell victim to a code exploit, leading to a significant loss of approximately $455,000. Blockchain security firm PeckShield was the first to detect and reveal the breach, attributing […]

Bitcoin ETF in the US Will Probably Happen According to Novogratz
Bitcoin

Bitcoin ETF in the US Will Probably Happen According to Novogratz

July 13, 2023 CryptoExpert

Mike Novogratz – a prominent bitcoin supporter and founder of Galaxy Digital – believes the US Securities and Exchange Commission (SEC) will likely approve the launch of a spot BTC ETF in America.  He also […]

Ethereum Price Set to Surpass $2,000: Staking on The Rise
Ethereum

Ethereum Price Set to Surpass $2,000: Staking on The Rise

July 13, 2023 CryptoExpert

Contrary to expectations, the Shanghai upgrade has not triggered an exodus of users, but rather a surge in staking deposits on Ethereum. In fact, it looks like ETH may be ready to take on the […]

Today in Crypto: BNB Beacon Chain Upgrade Will Allow It to Halt New Block Production, Europe
Blockchain

BNB Beacon Chain Upgrade Will Allow It to Halt New Block Production, Europe’s First BTC ETF Set to Launch Next Month, Digital Yuan to be Used Offline, BitMEX Traders Can Form Guilds

July 13, 2023 CryptoExpert

Source: AdobeStock / photo_gonzo Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________ Blockchain news The Binance-operated BNB Beacon Chain mainnet is […]

Crypto AI Tokens SingularityNET (AGIX) and Fetch.ai (FET) Rally After Musk Unveils New Company
Cryptocurrency

Crypto AI Tokens SingularityNET (AGIX) and Fetch.ai (FET) Rally After Musk Unveils New Company

July 13, 2023 CryptoExpert

Artificial intelligence (AI) related crypto tokens posted gains after Tesla and SpaceX CEO Elon Musk on Wednesday unveiled a new AI company called xAI as an alternative to popular chatbot ChatGPT. SingularityNET (AGIX) rose 11% […]

If good UX is like driving auto, Web3 is ‘driving stick’ — UX designers
Altcoin

If good UX is like driving auto, Web3 is ‘driving stick’ — UX designers

July 13, 2023 CryptoExpert

The current Web3 user experience (UX) is akin to driving a manual transmission car — there’s more control, but most users will find it unnecessarily clunky, according to several UX designers. Over the years, discussion […]

Bitdeer pushes crypto mining expansion with new Norway, Bhutan data centers
Mining

Bitdeer pushes crypto mining expansion with new Norway, Bhutan data centers

July 13, 2023 CryptoExpert

What is CryptoSlate Alpha? A web3 membership designed to empower you with cutting-edge insights and knowledge. Learn more › Connected to Alpha Welcome! 👋 You are connected to CryptoSlate Alpha. To manage your wallet connection, […]

South Korean companies to disclose crypto holdings from 2024
Regulation

South Korean companies to disclose crypto holdings from 2024

July 13, 2023 CryptoExpert

Key takeaways South Korean financial regulator wants companies to disclose their crypto assets in their financial statements. The aim is to improve accounting transparency amongst companies operating in the country. South Korea introduces a new […]

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