The Federal Open Market Committee has raised interest rates by 75 basis points, increasing the primary credit rate to 1.75%. The post Fed hikes interest rate by 75 basis points; Bitcoin continues to trade above $20,000 appeared first on CryptoSlate.

A wallet rumored to belong to investment firm 3AC has just dropped below the threshold for liquidation. The post 3AC wallet drops below liquidation level risking over $200 million in ETH appeared first on CryptoSlate.

In May, the Merit Circle DAO voted in favor of a proposal to remove one of its seed investors and return their initial investment. The post DAO votes to give $5M seed money back to YGG openly breaking contract appeared first on CryptoSlate.

The native token of the Celsius (CEL) exchange just jumped over 500% from $0.33 to $2.56 in a matter of minutes. The post Celsius CEL price spikes 500% in 30 minutes before crashing down 75% appeared first on CryptoSlate.

For the first time since 2020, Ethereum mining has become unprofitable for many miners connected to a traditional energy grid. The post Ethereum mining no longer profitable for many miners as energy prices and ETH dip cause perfect storm appeared first on CryptoSlate.