Tag: Cryptoslate
Blockchain
Tether CEO Paolo Ardoino defends USDt compliance record in wake of Ripple CEO’s comments
Paolo Ardoino, CEO of Tether, has responded to Ripple CEO Brad Garlinghouse‘s claims that the US government was targeting the company, the issuer of the largest stablecoin USDt During the
Blockchain
Ethereum has been increasingly inflationary for over a month as fees hit all-time low
Since Ethereum moved from proof-of-work to proof-of-stake in 2022, it has become a deflationary asset The total circulating supply of Ethereum (ETH) currently stands at 120,105,358 ETH, representing
Blockchain
Tokyo-listed Metaplanet outlines Bitcoin plan amid rising economic pressure in Japan
Tokyo stock exchange-listed Metaplanet declared Bitcoin as its strategic reserve asset due to the current economic uncertainty pervading the Japanese economy, according to a May 13 statement The firm
Blockchain
Bitcoin fees quadruple since October 2023
Quick Take CryptoSlate recently reported that Ethereum had entered an inflationary state due to the Dencun upgrade, which has reduced the burn rate and diminished gas fees This development comes as
Blockchain
Even if this weekend’s solar storm destroyed civilization, Bitcoin would survive
The sun can produce massive flares of particles and radiation that can have a significant impact on Earth Scientists have studied these flares for 150 years, focusing on what’s considered the
Blockchain
Ark Invest, 21Shares drop staking from spot Ethereum ETF proposal
Ark Invest and 21 Shares dropped staking plans in their updated spot Ethereum ETF proposal on May 10 The firms’ previous Feb 7 filing added a clause detailing that the sponsor — 21 Shares —
Blockchain
IMF backs crypto to solve Nigeria’s forex issues despite local crackdown
The International Monetary Fund (IMF) has recommended that Nigeria embrace the regulated use of digital assets by licensing international crypto exchanges The watchdog made the proposal in its latest
Blockchain
JP Morgan, Wells Fargo latest major banks to disclose Bitcoin exposure via ETFs
JP Morgan and Wells Fargo are the latest major global banks to disclose exposure to Bitcoin via some of the spot BTC exchange-traded funds launched in January The two lenders filed their 13F
Blockchain
Ethereum transaction fees hit record low as Layer-2 networks siphon activity
The average transaction fee on Ethereum has reached record lows as more activity moves to the Layer-2 (L2) networks on the chain According to Ultrasoundmoney data, the average gas has dropped to 481
Blockchain
Coinbase non-profit launches PAC to endorse pro-crypto politicians
Coinbase’s non-profit organization called “Stand for Crypto” has launched a political action committee (PAC) aimed at shaping crypto regulation through the 2024 electoral process
Blockchain
86% of Bitcoin supply still in profit despite recent price drops – Glassnode
Quick Take As Bitcoin pushed toward a new all-time high in March, a significant milestone was reached on Feb 28, with over 99% of the Bitcoin supply in profit This was the first time since November
Blockchain
Crypto scammer returns $34.7 million in stolen assets after victim offers bounty
The crypto scammer who stole 1,155 Wrapped Bitcoin (WBTC), equivalent to $705 million, has begun returning the funds, according to on-chain data Blockchain security firm Peckshield reported that the
