Author: Oluwapelumi Adejumo

Bitcoin has offered significantly higher returns than traditional safe-haven assets like gold, U.S. bonds, or the dollar. Data from Paris-based crypto analytical platform Kaiko showed that an investment in the top cryptocurrency in January last year would have yielded more than 100% returns, while similar investments in gold and other assets would have generated considerably

Dr. Craig Wright, the controversial Australian computer scientist, has backtracked from his impending legal battle with the Crypto Open Patent Alliance (COPA) by proposing a settlement offer for the trial. According to a Jan. 24 statement, Wright’s proposed offer includes the relinquishment of database rights and copyright claims on “Bitcoin Core (BTC…

Ethereum layer 2 network Base has successfully integrated Chainlink Automation to enhance the scalability of smart contracts, according to a Jan. 23 statement provided to CryptoSlate. This integration would allow Base developers access to decentralized, verifiable, and gas-efficient smart contract automation features. Chainlink Automation is a secure and cost-efficient service tailored for Web3 developers…

Crypto-related investment products experienced their first outflow for this year, totaling $21 million, according to CoinShares’ latest weekly report. The downturn coincided with an unprecedented surge in trading activity among Bitcoin products, reaching a staggering $11.8 billion last week. This remarkable volume was seven times higher than the average weekly volume recorded in the previous

Tether has significantly increased its Bitcoin holdings, now comprising more than 66,000 BTC, with an estimated value exceeding $2.8 billion. According to data shared by CryptoQuant founder Ki Young Ju, Tether’s BTC holdings surged to 66,400 from the 57,500 recorded at the beginning of the year—indicating an acquisition of approximately 8,900 BTC in the final