The Algorand Foundation has publicly urged Elon Musk’s Department of Government Efficiency (DOGE) to adopt its blockchain for government operations. In a Feb. 4 post on X, the foundation highlighted how Algorand’s technology could enhance transparency, particularly in tracking federal expenditures. According to Algorand, its blockchain is built with quantum-resistant security, making it ideal for […]
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The XRP Ledger (XRPL) is back to full functionality after an unexpected halt in transaction validation that lasted about an hour. On Feb. 5, RippleX confirmed that “XRP Ledger has resumed forward progress” and that its team was investigating the cause. The incident raised concerns about the network’s stability and marked the second disruption in […]
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Did you think sports players were safe from being replaced by AI robots? Think again.
Ethereum has raised its network gas limit, marking the first adjustment since transitioning to a proof-of-stake (PoS) consensus model in 2022. On Feb. 4, Etherscan, Ethereum’s blockchain explorer, confirmed that the gas limit reached a record 35.3 million at block 21771507. This change followed a validator vote, in which approximately 52% supported the increase, according […]
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NordVPN's new protocol disguises VPN traffic as regular web browsing, trading some speed for better access in restricted networks.
The XRP Ledger (XRPL) has implemented the AMMClawback amendment, introducing a new layer of regulatory compliance and asset control within its Automated Market Maker (AMM) system. On Jan. 30, XRPscan, a blockchain explorer for XRPL, confirmed that the amendment is now live after a 14-day activation period. How the AMMClawback works According to the XRPL […]
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The upgrade was designed to make Avalanche cheaper. It worked.
Robinhood CEO Vlad Tenev warned that the US could lose its competitive edge in financial markets if regulators fail to provide clear rules for tokenized securities. In a Jan. 28 op-ed for The Washington Post, Tenev argued that blockchain-based financial assets could broaden investment opportunities, allowing retail investors to participate in the early growth of […]
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Cardano is set to activate the Plomin hard fork by 21:44 UTC on Jan. 29, ushering in a new era of decentralization for the network. This upgrade, confirmed in a Jan. 29 statement shared with CryptoSlate, grants ADA holders direct voting power over critical network decisions, including parameter adjustments, treasury withdrawals, and hard forks. Plomin […]
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World Liberty Finance (WLFI), the DeFi protocol backed by President Donald Trump’s family, acquired over $1.9 million of MOVE tokens on Jan. 28. The move comes amid separate reports that Movement Labs is among the firms discussing blockchain usage with Elon Musk’s Department of Government Efficiency, also known as DOGE. Bloomberg News reported on Jan. […]
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X, the platform formerly known as Twitter, announced its first foray into financial services in partnership with Visa. The initiative introduces the X Money Account, a digital wallet allowing users to transfer funds, make peer-to-peer payments, and connect with traditional banking. Visa will power these features, enabling users to manage their money directly on the X […]
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The Sui blockchain is making strides in improving accessibility by enabling transactions through SMS. On Jan. 27, Mysten Labs Co-Founder and Chief Cryptographer Kostas Kryptos Chalkias shared a demo showcasing how SMS-based transactions function on the SUI network. Mysten Labs is the developer behind the Sui Layer 1 blockchain network. Adeniyi Abiodun, another Mysten Labs […]
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Ethereum co-founder Vitalik Buterin issued a stark warning about the potential dangers of “politician coins,” calling them a “perfect bribery vehicle” that could undermine the integrity of democratic systems. In a series of detailed social media posts, Buterin outlined how these digital tokens could enable politicians to gain indirect financial gain while providing plausible deniability. […]
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THORChain has suspended Bitcoin and Ethereum withdrawals within its lending and savings programs after reports of a $199 million liability surfaced. On Jan. 24, THORChain founder John-Paul Thorbjornsen disclosed that validator node activities for THORFi services have been paused. This suspension temporarily halts debt repayments and synthetic asset redemptions while validators deliberate on a restructuring […]
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Tron founder Justin Sun has outlined ambitious plans to revolutionize stablecoin transactions by eliminating fees. According to a Jan. 23 statement on X, Tron’s development team is creating a framework that would enable zero-cost transactions for stablecoins, aiming to boost the adoption of these assets. Sun previously announced similar plans in 2024 when he proposed […]
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Justin Sun, the founder of the Tron network, has unveiled an ambitious strategy to transform Ethereum’s ecosystem and push its price to $10,000. In a Jan. 22 post on X, Sun detailed how changes in supply management, operational strategy, and fiscal policies could reshape the trajectory of the second-largest digital asset by market capitalization. Sun’s […]
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Coinbase CEO Brian Armstrong announced that the exchange has resolved all pending Solana transaction delays—a response to growing user frustrations over slow processing times. On Jan. 22, he shared the update on the social media platform X, confirming that Solana transactions are now functioning as expected, with canceled transactions eligible for retries. Armstrong wrote: “We […]
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On Jan. 21, OpenAI announced the Stargate initiative, a groundbreaking project to develop advanced AI infrastructure in the United States. Stargate initiative According to the firm, the project is planning an estimated $500 billion investment over four years, and the organization intends to allocate $100 billion upfront to accelerate its goals. The project focuses on […]
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Avalanche is positioning itself for significant growth in the US by leveraging the Trump administration’s focus on technological advancement On Jan. 21, Emin Gün Sirer, founder of Ava Labs, shared optimism about the administration’s emphasis on innovation, describing it as a timely push for transformative growth. According to him, Avalanche intends to align its initiatives […]
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Crypto wealth management platform SwissBorg integrated Avalanche into its Meta-Exchange (MEX) to introduce one-click cross-chain trading functionality, according to a Jan. 21 statement shared with CryptoSlate. The integration will simplify users’ interactions with blockchain networks and reduce the complexities that have often been an obstacle to adoption. The update positions SwissBorg as the only platform […]
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Phantom, a leading crypto wallet on the Solana blockchain, stated that a recently reported vulnerability does not pose a risk to user funds, following criticism from a security researcher known as @CloakdDev. In a public statement, Phantom apologized for communication delays and emphasized that it remains committed to security. It added: “We believe it does […]
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The Solana blockchain faced severe congestion over the weekend as interest in Donald Trump and Melania Trump-themed memecoins surged. This unexpected spike overwhelmed the network, causing delays and failed transactions across various platforms. Solana congestion Prominent Solana-based services, including Phantom, Jito, and Jupiter, alongside centralized exchanges such as Coinbase and Binance, struggled to cope with […]
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Multichain Capital partners Tushar Jain and Vishal Kankani introduced a proposal to address the inflation of Solana’s native crypto, SOL. The goal is to use a market-driven mechanism to adjust Solana’s emissions dynamically, moving away from the network’s current fixed-rate issuance model. Solana’s existing emissions mechanism, established in 2021, follows a rigid, time-based schedule that […]
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Ethereum developers are preparing to introduce the network’s next upgrade, Pectra, in March 2025. This timeline was discussed during the latest Execution Layer Meeting on Jan. 16, where key milestones leading to the mainnet activation were outlined. According to the developers, preparation begins with finalizing block numbers for the Sepolia and Holesky forks, which is […]
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Blockchain developer Michael Lewellen has filed a lawsuit against the US Department of Justice (DOJ), accusing the President Joe Biden administration of stifling innovation in the crypto sector through overly broad interpretations of federal money-transmission laws. Lewellen’s lawsuit centers on his work with Pharos, a non-custodial protocol that facilitates trustless and transparent crowdfunding campaigns. Pharos […]
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Blockchain security firm Scam Sniffer warned that crypto investors are facing a surge in malware scams on social media platform Telegram compared to the traditional phishing methods. While phishing still causes substantial losses—estimated at nearly half a billion dollars in 2024—its growth has plateaued. In contrast, Scam Sniffers reported that Telegram malware scams represent a […]
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Recent research shows malware authors mimicked Apple's encryption, but media coverage may overstate the threat, according to one expert.
Sony says it plans to explore ways for protecting creator rights and mechanisms for equitable value distribution between creators and fans.
Elon Musk shifts Cybertruck deliveries and Starlink terminals to support LA wildfire recovery with Wi-Fi and Tesla power solutions.
Oh, an innovative platform blending AI with Web3 technology has secured $4.5 million in seed funding, according to a Jan. 10 statement shared with CryptoSlate. The oversubscribed round saw contributions from major players like Tangent, Big Brain Holdings, Kosmos Ventures, Tagus Capital, and Bodhi Ventures. It also received support from prominent angel investors like Delphi […]
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