Quick Take As a looming recession and potential stagflationary environment draw nearer, CryptoSlate’s analysis reveals the deepening wealth generational divide. Particularly, the baby boomers and the silent generation hold the majority of the assets. We are now witnessing this divide starting to shrink as the repercussions of high-interest rates start…
Michael Egorov, the founder of decentralized finance (DeFi) protocol Curve, has recently settled his loans on the lending platform Aave, reducing his debt position to $42.7 million across other DeFi protocols. According to the on-chain analytics platform Lookonchain, the Curve founder deposited 68 million CRV tokens, worth $35.5 million, to…
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According to a Bloomberg report, the CIA plans to equip its analysts with the new AI tool to better access open-source intelligence. This includes sifting through public information for leads in investigations. Agency officials said they intend to roll out the tool “soon.” Randy Nixon, the director of the division,…
Mark Zuckerberg touted artificial intelligence as a transformative technology poised to reshape the tech industry in an interview with Forbes published Wednesday, Sept. 27. Zuckerberg said recent AI breakthroughs represent “awesome progress” and predicted AI will become more ubiquitous in daily life. “There’s going to be a lot of different…
The Writer’s Guild of America (WGA) strike is set to officially end as leaders approved a tentative deal with entertainment studios in Hollywood, part of which includes artificial intelligence (AI) usage in the industry. After nearly five months, the strike, which began on May 2, 2023, was pronounced over at…
Cryptocurrency exchange Binance has announced its full exit from Russia by selling its firm to a newly launched crypto exchange business known as CommEX. Binance has entered into an agreement to sell the entirety of its Russia business to CommEX, the firm said in an announcement to Cointelegraph on Sept.…
Binance sold the entirety of its Russia business to a crypto platform, CommEX, for an undisclosed amount. CommEX is a crypto exchange platform launched yesterday, Sept. 26. In a Sept. 27 statement, Binance said it would begin redirecting some Russian KYC new user registrations to CommEX. According to the exchange,…
Mixin Network, a decentralized cross-chain protocol, in a message to the hacker behind the $200 million exploit on Sept. 23 has offered a $20 million bug bounty for the return of the remaining funds. Mixin Network encrypted the message with the exploiter transaction requesting the exploiter to return the funds…
What is CryptoSlate Alpha? A web3 membership designed to empower you with cutting-edge insights and knowledge. Learn more › Connected to Alpha Welcome! ???? You are connected to CryptoSlate Alpha. To manage your wallet connection, click the button below. Oops…you must lock a minimum of 20,000 ACS If you don’t…