Tag: Cryptoslate
Blockchain
Bitcoin market split as buying and selling volumes remain the same
Bitcoin’s spot trading volumes over the past week show a varying level of market activity and sentiment Bitcoin’s price saw some volatility over the week, peaking on May 25 at $69,270,
Blockchain
Trump’s guilty verdict unlikely to derail pro-crypto Presidential campaign
Despite being convicted on 34 felony counts of falsifying business records, former President Donald Trump’s pro-crypto presidential campaign shows no signs of slowing down In a historic moment
Blockchain
NYDFS establishes new guidelines for crypto companies to enhance customer service standards
The New York State Department of Financial Services (NYDFS) issued new guidelines on May 30 to enhance customer service standards for Virtual Currency Entities (VCEs) The guidelines will come into
Blockchain
Rising MVRV Z-Score signals possible Bitcoin bull run
Onchain Highlights DEFINITION: The MVRV Z-Score evaluates whether Bitcoin is overvalued or undervalued relative to its “fair value” Instead of using a traditional z-score method, the MVRV
Blockchain
Tether asserts almost 75% dominance in stablecoin market
Quick Take According to Glassnode data, the stablecoin market continues to grow, with the combined market capitalization of the top five stablecoins surpassing $150 billion Leading the pack is Tether
Blockchain
SEC commissioner Hester Peirce proposes shared US-UK digital securities sandbox
SEC commissioner Hester Peirce proposed a shared digital securities sandbox between the US and the UK on May 29 The proposal would extend the Bank of England and FCA’s joint digital securities
Blockchain
Musk denies reports claiming he has been counseling Trump on crypto
Elon Musk denied reports that he had been advising former President Donald Trump on crypto-related matters but reaffirmed his support for digital assets The Tesla and SpaceX CEO’s public denial
Blockchain
Matter Labs faces backlash over ‘zero-knowledge’ trademark attempt
Several Ethereum-related projects — including StarkWare, Polyhedra, and Polygon — condemned Matter Labs’ efforts to trademark “zero-knowledge” as its intellectual property in a
Blockchain
Terraform Labs, Do Kwon reach tentative settlement with SEC to end civil lawsuit
Singapore-based Terraform Labs and its founder, Do Kwon, have reached a settlement agreement with the SEC to end the civil lawsuit filed in the US over allegations of defrauding crypto investors The
Blockchain
Babylon secures $70 million to turn Bitcoin into PoS security backbone
Babylon, the Bitcoin staking protocol, has successfully closed a $70 million funding round led by Paradigm, with significant contributions from Bullish Capital and Polychain Capital This pre-launch
Blockchain
Biden campaign reportedly seeking help from crypto industry to rebuild new policy
President Joe Biden’s re-election campaign has reportedly initiated a significant outreach to the crypto industry, according to a new report from The Block Marking a notable shift from his
Blockchain
AO ‘supercomputer on Arweave’ blockchain fair launch set for June 13
AO, a new protocol built on Arweave’s permanent data storage layer, will launch on June 13, according to a statement released on May 30 Arweave co-founder Sam Williams described the project as
