Mysterious whale ‘0xd275e’ linked to FTX collapse, Tether depeg, and recent $75M token transfers

Recent on-chain activity involving the Ethereum address ‘0xd275e‘ has caught the attention of the crypto community. Through CryptoSlate‘s on-chain analysis, no concrete evidence pointing to the owner of the account has been discovered. However, the account has actively traded large amounts of tokens during key industry events. The whale account has been identified during on-chain The post Mysterious whale ‘0xd275e’ linked to FTX collapse, Tether depeg, and recent $75M token transfers appeared first on CryptoSlate.

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Will NEAR become the Blockchain Operating System of web3?

NEAR Protocol’s Blockchain Operating System (BOS) is a novel approach to the world of web3 that looks at the entire blockchain ecosystem and attempts to create a framework to abstract “janky” usability and complex user journeys. Originally announced in October 2022 and followed by the launch of the first gateway in May 2023, the BOS initially The post Will NEAR become the Blockchain Operating System of web3? appeared first on CryptoSlate.

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Cardano node upgrade to boost performance amid rising DeFi interest

Cardano recently released Node 8.1.1, which is expected to enhance the performance of Cardano’s network, especially for stake pool operators (SPO.) The upgrade, released to Cardano’s mainnet on June 19, offers significant improvements in epoch boundary performance and corrects previous concerns with P2P/DNS. The Cardano GitHub states, “All SPOs are strongly encouraged to update.” Cardano The post Cardano node upgrade to boost performance amid rising DeFi interest appeared first on CryptoSlate.

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Altcoin ETPs see inflows amid ETH, BTC outflows as alts recover

The week ending June 19, 2023, saw minor outflows totaling $5.1 million from digital asset investment products, as reported in CoinShares’ Digital Asset Fund Flows Weekly. Despite these outflows, altcoins experienced inflows totaling $2.4 million following the prior week’s price crash, suggesting a shift in investor sentiment. While Ethereum (ETH) experienced the most significant outflows The post Altcoin ETPs see inflows amid ETH, BTC outflows as alts recover appeared first on CryptoSlate.

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How Apple’s VisionOS can pave the way for mainstream metaverse adoption

The future of the metaverse is highly debated at the moment with Instagram pulling NFT support, lackluster growth of many metaverse projects, the potential security classification for metaverse tokens such as SAND and MANA, and notably the launch of Apple’s VisionPro with no mention of a metaverse in its WWDC conference. However, simply because it The post How Apple’s VisionOS can pave the way for mainstream metaverse adoption appeared first on CryptoSlate.

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