Sony has officially launched the mainnet of Soneium, its Ethereum layer-2 blockchain, according to a Jan. 14 statement shared with CryptoSlate. Soneium leverages the OP Stack infrastructure developed by the Optimism Foundation and prioritizes streamlined blockchain experiences. Its ecosystem includes Sony’s NFT-focused fan engagement platform, created by SNFT Inc., and the Soneium Spark incubator to […] The post Soneium blockchain launches as Sony dives deeper into NFT and crypto space appeared first on CryptoSlate ..read more

 According to an estimate by JPMorgan, exchange-traded products (ETPs) for XRP and Solana (SOL) could attract over $15 billion in net inflows.  Matthew Sigel, head of digital assets research at VanEck, shared that the forecast considers the performances of Bitcoin (BTC) and Ethereum (ETH) in relation to their market cap and ETP flows. Bitcoin ETPs […] The post JPMorgan believes Solana, XRP ETPs could attract $15 billion in net inflows appeared first on CryptoSlate ..read more

The US Court of Appeals for the Third Circuit granted Coinbase a partial victory in its legal dispute with the Securities and Exchange Commission (SEC) in a Jan. 13 ruling. The panel of judges, led by Circuit Judge Ambro, deemed the SEC’s reasoning “arbitrary and capricious” under the Administrative Procedure Act (APA), a standard requiring […] The post Coinbase scores legal win, court orders SEC to explain lack of crypto rulemaking appeared first on CryptoSlate ..read more

The digital asset market witnessed its first full week of inflows in 2025, with $48 million added to investment products, according to CoinShares’ latest weekly report. CoinShares reported that the week began with promising inflows nearing $1 billion. However, these gains were nearly erased as $940 million flowed out later, reflecting how sensitive the market […] The post Crypto investments products see modest $48 million inflow with Bitcoin and XRP leading appeared first on CryptoSlate ..read more

A recent report by Bitwise and VettaFi reveals that 56% of financial advisors are more likely to invest in crypto this year, with the 2024 US election results pivoting sentiment. The 2024 surge in crypto prices and increased regulatory clarity have sparked greater interest from clients and advisors alike. In 2024, 96% of advisors fielded […] The post Vast majority of financial advisors’ clients asked about crypto in 2024 – Bitwise appeared first on CryptoSlate ..read more

New Hampshire State Representative Keith Ammon introduced legislation to create a strategic reserve of digital assets with an average yearly market cap of over $500 billion and US-pegged stablecoins to the state treasury, according to a bill introduced on Jan. 9.  The bill caps investments in these alternative assets at 10% of the total public […] The post New Hampshire bill proposes Bitcoin reserve for state treasury investments appeared first on CryptoSlate ..read more

Ethereum co-founder Vitalik Buterin has raised concerns about the potential dangers of unchecked Artificial Intelligence (AI) programs. In a Jan. 10 post on X, Buterin warned that improperly managed AI could create self-replicating intelligent entities that pose risks to humanity. He stated: “AI done wrong is making new forms of independent self-replicating intelligent life AI […] The post Vitalik Buterin warns we need decentralized defenses to handle AI risks appeared first on CryptoSlate ..read more

The UK Treasury has introduced an amendment to the Financial Services and Markets Act 2000 (FSMA), effective January 31, to exclude crypto staking from being classified as a collective investment scheme. Under this change, staking Ethereum (ETH) and Solana (SOL) will be recognized solely as a process for blockchain validation, no longer subject to the […] The post Ethereum and Solana staking no longer classified as collective investment schemes in the UK appeared first on CryptoSlate ..read more

The crypto market is navigating a wave of mixed sentiment, with major digital assets showing varying degrees of optimism and skepticism, according to a Santiment report published on Jan. 9. The analysis highlights stark differences in trader sentiment for leading cryptocurrencies and urges investors to adopt contrarian strategies to navigate these volatile conditions. Mixed sentiment […] The post Santiment highlights contrarian opportunities amid mixed market sentiment appeared first on CryptoSlate ..read more

Phala Network, a Polkadot parachain, has expanded its reach to the Ethereum blockchain by introducing a layer-2 rollup protocol designed to boost scalability and efficiency. According to a Jan. 8 statement: “Phala Network has taken a monumental step forward in blockchain innovation by launching the first-ever Op-Succinct Layer 2 (L2) rollup on Ethereum. This transformative […] The post Polkadot parachain Phala Network launches Ethereum layer-2 network appeared first on CryptoSlate ..read more