Tag: Cryptoslate

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TRON DAO Adds Google Cloud as a Super Representative Candidate on the TRON Blockchain

Geneva, Switzerland, May 14th, 2024 – TRON DAO today announced that Google Cloud has joined its roster of Super Representative candidates on the TRON blockchain Super Representatives are

Crypto community outraged as court jails Tornado Cash developer for over five years

A Dutch court has sentenced Alexey Pertsev, a developer involved with Tornado Cash, to 64 months in prison He was convicted of laundering $12 billion in crypto through the Tornado Cash mixer between

Bitcoin’s tight correlation with US equities highlights market anticipation of CPI data release

Quick Take Bitcoin remains the primary indicator of global liquidity, with its price movements often preceding those of other risk-on assets This dynamic was evident in the recent market cycle, as

Breaking down Ethereum rollups – What makes a rollup optimistic vs zero knowledge?

Ethereum, the world’s second-largest blockchain network, persistently grappling with scalability issues due to its popularity and increased network congestion, has had the concept of Layer 2

Roaring Kitty’s return triggers meme coin surge and GameStop stock spike

The meme coin sector emerged as a rare winner the past day despite the broader market drawdown that pushed prices of major digital assets like Bitcoin down These meme assets’ upsurge can be

ETH/BTC ratio falls 30% year-over-year amidst rising Bitcoin market dominance

Quick Take The Ethereum to Bitcoin (ETHBTC) ratio recently hit 0046, a low not seen since April 2021, briefly revisiting levels from April 2024 This downward trajectory highlights Ethereum’s

Deutsche Bank selects Axelar developer as partner in joining Project Guardian Singapore

Deutsche Bank has shown increased interest in digital assets and tokenization by joining the Monetary Authority of Singapore’s Project Guardian This initiative tests asset tokenization

Long-term Bitcoin holders resume accumulation, adding almost 70,000 BTC post-downturn

Quick Take Glassnode data suggests that long-term holders who have held Bitcoin (BTC) for over 155 days are actively accumulating after offloading around 1 million BTC since late 2023 This cohort,

AI-powered social engineering not technical exploits now dominating 90% of cyber attacks

A newly published cyber threat report from Avast has revealed substantial dominance of social engineering in cyber threats during the first quarter of 2024 Per the report, nearly 90% of cyberattacks

Coinbase users report withdrawal issues despite official ‘resolved’ status

Coinbase said it resumed operations after a system-wide outage that impacted its website, mobile, and API for over three hours However, several customers of the crypto trading platform on social

US Bitcoin ETFs see largest inflows since May 6 as GBTC outflow stops again

Quick Take Farside data reports that US Bitcoin (BTC) exchange-traded funds (ETFs) recorded the biggest inflow since May 6, totaling $660 million Leading the charge was Fidelity’s FBTC, which

Bitcoin sees correlation with equities as Brazil’s 4-month trading volume hits $6 billion

Kaiko Research said Bitcoin’s (BTC) correlation with equities is rising, with a 90-day correlation rising to 017 last week after hitting a multi-year low of 001 in March Meanwhile, Brazil