Tag: Cryptoslate
Blockchain
Bitcoin spot market anticipates consecutive monthly drops post six-month growth period
Quick Take According to data from The Block, Bitcoin’s spot market volume saw a consistent upward trend from September 2023 to March 2024 The total spot market volume across all exchanges in
Blockchain
Differences in token standards across top 10 blockchains and what they do
Token standards are rules and protocols that dictate how tokens function on a blockchain Different blockchains have their own token standards to ensure interoperability, security, and efficiency Here
Blockchain
Fetch, SingularityNET, and Ocean Protocol merger into AI powerhouse to be finalized in June
Fetchai, SingularityNET, and Ocean Protocol, leading entities in decentralized AI, announced plans to finalize the Artificial Superintelligence Alliance (ASI) merger by June 2024, according to a May
Blockchain
Consistent Bitcoin exodus from exchanges highlights investor confidence
Onchain Highlight DEFINITION: Exchange Net Positon Change by Glassnode is the 30-day change in the supply held in exchange wallets Bitcoin’s exchange net position change has been experiencing
Blockchain
Ripple $25 million crypto education contribution amid rising importance in 2024 election
Ripple has highlighted the 2024 US election as a crucial juncture for the crypto industry, according to a May 29 statement In response, the company has donated $25 million to Fairshake, a federal
Blockchain
London Stock Exchange’s new crypto ETNs see sluggish start, only 200 shares traded
Quick Take On May 28, the London Stock Exchange opened trading for crypto exchange-traded notes (ETNs), but access was restricted to regulated financial investors, excluding retail traders This
Blockchain
BlackRock’s IBIT overtakes Grayscale’s GBTC Bitcoin holdings amid inflow surge
Quick Take Farside data shows that Bitcoin (BTC) Exchange-traded funds (ETFs) experienced $45 million in inflows on May 28 Seven of eleven ETFs recorded positive inflows, reflecting broad interest
Blockchain
Ethereum futures hit record highs following spot ETF approval
While the approval of spot Ethereum ETFs in the US failed to trigger a massive rally for ETH, it sparked a significant surge in the derivatives market The approval of spot ETFs was hailed as a major
Blockchain
ZKasino resurfaces with promises of returning investor funds but skepticism abounds
ZKasino, a DeFi platform recently embroiled in controversy, announced that it will return stolen funds to its investors at a 1:1 ratio The platform, which Dutch authorities recently charged with
Blockchain
Court dismisses Debt Box case without prejudice, imposes over $1.8 million in fines on SEC
The US District Court for the District of Utah has dismissed the SEC’s case against DEBT Box without prejudice and imposed over $18 million in fines against the watchdog for bad faith conduct
Blockchain
Riot offers $950 million to buyout Bitfarms in hostile takeover amid CEO controversy
Riot Platforms has announced a proposal to acquire Bitfarms for approximately $950 million, reflecting a 24% premium to Bitfarms’ one-month volume-weighted average share price as of May 24
Blockchain
FTX’s Ryan Salame to serve 7.5 years in prison
The US DOJ sentenced former FTX executive Ryan Salame to 90 months, or 75 years, in prison on May 28 The New York Times reported that Salame will surrender on Aug 29 His lawyers aim to have Salame
