SEC Chair says he doesn't support Bitcoin's "off-the-grid" approach to finance

It's the weekend, but crypto never sleeps! Bitcoin is down 9.21% over the past 24 hours, while Ethere

CryptoSlate Newsletter @cryptoslate

It's the weekend, but crypto never sleeps! Bitcoin is down 9.21% over the past 24 hours, while Ethereum is down 4%. The global crypto market cap is $2.3 trillion with a 24-hour volume of $203.59 billion. The price of Bitcoin is $48,906.40 and the BTC dominance is at 40.2%. The best performing cryptoasset sector is Terra Eco, which gained 7%.

SEC Chair says he doesn't support Bitcoin's "off-the-grid" approach to finance SEC Chair Gary Gensler finally reveals his stance on Bitcoin by saying he doesn't support its "off-the-grid" approach to finance. cryptoslate.com

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Catching up on the Cosmos ecosystem with Tendermint CEO Peng Zhong CryptoSlate recently had the opportunity to chat with Peng Zhong, the CEO of Tendermint. cryptoslate.com

MetaFlower super mega yacht NFT sells for $650k in The Sandbox As the world of the rich and famous starts to sit up and take notice of DeFi opportunities there has been a massive land grab to secure the best digital assets in some of the most popular metaverse projects. cryptoslate.com

Was Celsius the 'biggest victim' in the recent BadgerDAO exploit? Bitcoin DeFi tool BadgerDAO suffered a major attack recently and one of the most affected addresses could be owned by Celsius. cryptoslate.com

Polkadot founder Gavin Wood thought about calling 'Web3'–'Post-Snowden Web' During a historic discussion at the BlockDown: DeData Conference, Wood said Snowden's revelations helped bring to light the urgency for creating a whole new platform that would "eclipse" the traditional authority based technologies. cryptoslate.com

Quadency introduces a new and improved crypto trading platform Quadency, a New York-based technology startup, announced the complete overhaul of its cryptocurrency trading and strategy automation platform. cryptoslate.com

BNB bulls rejoice as Binance Smart Chain activates automatic burning mechanism Binance Smart Chain's burning mechanism, BEP-95 is now live and would lead to a drastic reduction in the supply of BNB. cryptoslate.com

Obscure NFT collection from 2019 racks up a $100 million valuation With over 13,000 NFTs in its portfolio, the WHALE Vault was valued at over $100 million in the latest audit published by NonFungible.com. cryptoslate.com

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