Tag: Cryptoslate
Blockchain
Crypto losses stemming from hacks, rug pulls up 112% YoY – Immunefi
The crypto ecosystem experienced significant losses in the second quarter of 2024, with a total of $5727 million lost due to hacks and frauds — up 112% compared to the same period a year ago,
Blockchain
CleanSpark agrees to acquire GRIID for $155 million amid mining struggles
Bitcoin miner CleanSpark has agreed to acquire its rival GRIID Infrastructure for $155 million, according to a June 27 statement The companies also revealed that they entered an exclusive hosting
Blockchain
If spot ETFs for proof-of-stake chains launch without staking we could go backwards
The recent developments surrounding Ethereum and Solana Exchange-Traded Funds (ETFs) have raised significant concerns about their potential impact on these proof-of-stake (PoS) networks The removal
Blockchain
Bitcoin’s options 25 delta skew signals ongoing market anxiety near $60,000
Onchain Highlights DEFINITION: Skew is the relative richness of put vs call options, expressed in terms of Implied Volatility (IV) For options with a specific expiry, 25 Delta Skew refers to puts
Blockchain
State Street and Galaxy Digital launch crypto ETFs aimed beyond Bitcoin
State Street Global Advisors, a subsidiary of the third-largest ETF issuer State Street, has joined the growing trend of traditional financial institutions exploring crypto ETFs In a June 26
Blockchain
VanEck files for spot Solana ETF but will it gain approval?
VanEck has filed plans with the US Securities and Exchange Commission to create a spot Solana exchange-traded fund (ETF) If approved, the VanEck Solana Trust will reflect the performance of the price
Blockchain
BVNK launches Layer1 to simplify stablecoin payments for businesses
Stablecoin payment platform BVNK has introduced Layer1, a self-custody digital asset infrastructure, according to a June 27 statement shared with CryptoSlate This platform helps businesses launch
Blockchain
Luxor COO forecasts further hash rate decline amid rising summer power rates
Quick Take Glassnode data shows that the Bitcoin network’s hash rate has plummeted to 555 EH/s, marking a significant 165% decline or a 100 EH/s drop from its all-time high on a seven-day
Blockchain
Coinbase sues SEC in ‘reverse UNO’ move on crypto transparency – reports
Coinbase has taken a bold step in its ongoing struggle with financial regulators As Fox Business reported, the company has filed lawsuits against both the Securities and Exchange Commission (SEC) and
Blockchain
Just 41 US politicians now ‘strongly against’ crypto with 310 ‘strongly supportive’
Bipartisan crypto support within the US government is increasing, with significant implications for the future of crypto regulation and policy While Republicans still dominate the pro-crypto side of
Blockchain
Marathon Digital diversifies revenue by mining Kaspa, aims for 16% global hash rate
Bitcoin miner Marathon Digital is diversifying its revenue by mining Kaspa, a proof-of-work (PoW) layer 1 blockchain network The miner said it became interested in Kaspa in May 2023 when its internal
Blockchain
Bitcoin ETFs experience 2 consecutive positive inflow days
Quick Take Recent data from Farside indicates a slight resurgence in Bitcoin (BTC) exchange-traded funds (ETFs), with a further inflow of $214 million on June 26 This marks consecutive days of
