OPNX explains why Celsius was prioritized over FTX, others for bankruptcy tokenization

OPNX opted to launch bankruptcy tokenization with Celsius claims first because the company's information was easily accessible.

https://cryptoslate.com/opnx-explains-why-celsius-was-prioritized-over-ftx-others-for-bankruptcy-tokenization/

Binance, Gulf Innova joint venture bags digital asset operator license in Thailand

Combining Binance's crypto expertise with Gulf Innova's local network, Gulf Binance aims to launch a regulated crypto exchange by Q4 2023.

https://cryptoslate.com/binance-gulf-innova-joint-venture-bags-digital-asset-operator-license-in-thailand/

🗞 Top Crypto News: Fri, May 26 (24H)

1️⃣ Trezor sales soar 900% amid Ledger’s seed recovery controversy

2️⃣ Algorand Foundation CEO says ‘we don’t think about price’

3️⃣ Morgan DF Fintoch goes radio silent after rugging $31.6M

📈 Biggest Gainers (24H)

FantasyGold (FGC) +18.9%
Cocos-BCX (COCOS) +11.59%
Cannation (CNNC) +10.04%

PSYOP creator Ben.eth vows to refund victims after Steve Aoki hack leads to $170k in losses

Ben.eth unwittingly quote tweeted the post containing the phishing link thinking it was from the real Steve Aoki.

https://cryptoslate.com/psyop-creator-ben-eth-vows-to-refund-victims-after-steve-aoki-hack-leads-to-170k-in-losses/

Canaan’s mining revenue rises 3.3% in Q1 while overall revenue declines

Bitcoin miner Canaan intends to expand its mining operations to other countries amid the growing strength of this unit.

https://cryptoslate.com/canaans-mining-revenue-rises-3-3-in-q1-while-overall-revenue-declines/

Circle launches Euro Coin on Avalanche

The stablecoin issuer aims to launch its second major stablecoin across a multi-chain ecosystem.

https://cryptoslate.com/circle-launches-euro-coin-on-avalanche/

UK Prime Minister Rishi Sunak considering new rules to regulate AI amid concerns of 'existential threats'

Rishi Sunak makes efforts to update AI regulations for ensuring public safety amidst rapid technological advancements.

https://cryptoslate.com/uk-prime-minister-rishi-sunak-races-to-tighten-ai-rules-amid-concerns-of-existential-threats/

Ethereum gets private on-chain voting tool through a16z’s 'Cicada'

Unveiling Cicada, the private on-chain voting tool for Ethereum developers, and its game-changing potential using time-lock puzzles.

https://cryptoslate.com/ethereum-gets-private-on-chain-voting-tool-through-a16zs-cicada/

Gemini and Genesis seek to dismiss SEC lawsuit over defunct Earn product

Gemini's legal counsel insists that the product was not a security.

https://cryptoslate.com/gemini-and-genesis-seek-to-dismiss-sec-lawsuit-over-defunct-earn-product/

Market Report: Analyzing the history of US debt and potential effects of a default on the crypto market

CryptoSlate's latest market report dives deep into the U.S. debt crisis, exploring past instances of debt failures and analyzing the implications a debt default could have on Bitcoin.

https://cryptoslate.com/market-reports/us-debt-ceiling-and-the-potential-impact-on-bitcoin/

🇵🇹 Join Us at BlockDown Festival 2023: Unforgettable Web3 Experience in Algarve, Portugal!

CryptoSlate is excited to announce our participation in BlockDown Festival 2023, taking place in the breathtaking Algarve, Portugal this July 10th - 12th.

https://cryptoslate.substack.com/p/join-us-at-blockdown-festival-2023

Insights: S&P, Nasdaq soar in 2023 thanks to big tech stocks

S&P and Nasdaq show significant gains, but the full picture reveals more.

https://cryptoslate.com/insights/sp-nasdaq-soar-in-2023-thanks-to-big-tech-stocks/

MakerDAO looks to more than double the DAI savings rate

If the new proposal is approved, the hike in DSR could lead to an increase in the borrowing rates for stablecoins across the DeFi ecosystem.

https://cryptoslate.com/makerdao-looks-to-increase-dai-savings-rate-by-233-to-3-3/

Binance CEO highlights timing of Beijing’s web3 white paper amid China, Hong Kong crypto regulatory changes

The intersection of Beijing's web3 White Paper & Hong Kong's crypto regulation push; a new era for digital assets in the region?

https://cryptoslate.com/binance-ceo-highlights-timing-of-beijings-web3-white-paper-amid-china-hong-kong-crypto-regulatory-changes/

🗞 Top Crypto News: Sat, May 27 (24H)

1️⃣ PSYOP creator Ben.eth vows to refund victims after Steve Aoki hack leads to $170k in losses

2️⃣ Ethereum gets private on-chain voting tool through a16z’s ‘Cicada’

3️⃣ Gemini and Genesis seek to dismiss SEC lawsuit over defunct Earn product

📈 Biggest Gainers (24H)

FantasyGold (FGC) +10.12%
Kaspa (KAS) +9.73%
DAO Maker (DAO) +5.63%

Jimbos Protocol reaches out to on-chain investigators for help after $7.5M hack

Jimbos Protocol's native token crashed by approximately 40% to $0.19 from $0.31 after news of the hack broke.

https://cryptoslate.com/jimbos-protocol-reaches-out-to-on-chain-investigators-for-help-after-7-5m-hack/

Insights: Bitcoin breaks $28k threshold on debt ceiling decision, whales continue to accumulate

BTC reclaims $28,000 following debt ceiling news and $118M of liquidations

https://cryptoslate.com/insights/bitcoin-breaks-28k-threshold-on-debt-ceiling-decision-whales-continue-to-accumulate/

Insights: Total Bitcoin Inscriptions count approaches 10M

The current run rate of Inscriptions is approximately 200,000 per day; this has noticeably fallen off throughout May.

https://cryptoslate.com/insights/total-bitcoin-inscriptions-count-approaches-10m/

Insights: Bitcoin realized price hits YTD high

Bitcoin realized price is at a year-to-date high of $20,180.

https://cryptoslate.com/insights/bitcoin-realized-price-hits-ytd-high/

Cardano meme coin SNEK scales new heights – hitting new all-time high

Snek is the first Cardano meme coin to make a notable impact - growing 23,000% in market cap since being listed on SundaeSwap several weeks ago.

https://cryptoslate.com/cardano-meme-coin-snek-scales-new-heights-hitting-new-all-time-high/