Sentora, a new institutional DeFi platform, has officially launched following the merger of IntoTheBlock and Trident Digital. The combined entity debuts with $25 million in Series A funding, led by New Form Capital with participation from Tribe Capital, Ripple, and others. The initiative brings together more than $3 billion in prior institutional DeFi deployments under […]
FTX missed out on $500 million after selling Anysphere’s Cursor AI stake for just $200K
Bankrupt FTX has missed out on nearly half a billion dollars in potential profit after liquidating its early stake in Anysphere, the company behind the fast-rising AI code editor Cursor. The now-defunct crypto exchange, through its trading arm Alameda Research, had invested $200,000 in Anysphere during its 2022 seed round. However, bankruptcy managers sold the […]
KuCoin disputes claims of 77% drop in Bitcoin reserves, unveils robust 106% reserve ratio
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. […]
Tariffs, Bitcoin and rule reversals: Inside Trump’s first 100 days in office
The post Tariffs, Bitcoin and rule reversals: Inside Trump’s first 100 days in office appeared first on CryptoSlate.
State of Florida withdraws Bitcoin reserve bills amid growing countrywide setbacks
Florida has officially stepped back from the growing movement among US states to establish a Strategic Bitcoin Reserve (SBR). According to the Florida Senate’s website, lawmakers have indefinitely postponed and withdrawn two critical pieces of legislation, House Bill 487 and Senate Bill 550, to enable public investment in Bitcoin. Despite bipartisan support, particularly for HB […]
OpenAI focuses on its nonprofit control amid legal clash with Elon Musk
OpenAI has announced a significant pivot, walking back previous plans to evolve into a traditional for-profit entity, according to a May 5 statement. Instead, the organization will maintain its nonprofit roots and shift its for-profit unit into a Public Benefit Corporation (PBC), reinforcing its commitment to public interest in developing artificial general intelligence (AGI). According […]
Bitcoin Core’s OP_RETURN limit removal divides crypto community
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 […]
$50M Bounty Goes Live on Web3Bounty.io to Trace Misappropriated Funds Linked to FDT and Aria
The Web3 community is mobilizing to recover TUSD assets misappropriated through regulatory loopholes in a high-profile digital asset breach. Cover art/illustration via CryptoSlate. Image includes combined content which may include AI-generated content.
MELANIA memecoin insiders reportedly make over $150 million including pre-sale trades
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 […]
President Trump confirms May 22 gala dinner for top TRUMP holders
President Donald Trump confirmed that a private dinner will be held on May 22 at Trump National Golf Club in Washington for the top 220 holders of his memecoin, TRUMP. Trump made the announcement in a social media post on May 5. The event, organized by Fight Fight Fight LLC, a Trump-affiliated entity, will admit holders […]