Tag: Cryptoslate
Blockchain
Optimism invites Layer-3 networks to join its Superchain, promising advanced features
Ethereum Layer-2 (L2) Optimism has urged Layer-3 (L3) blockchain to join its Superchain by building with OP Stack and sharing sequencer revenue with the Optimism Collective Superchain is a
Blockchain
Surge in Bitcoin to OTC desks potentially marks a local peak
Quick Take The recent stagnation in Bitcoin’s price has been accompanied by a significant influx of Bitcoin (BTC) into the over-the-counter (OTC) trading desks, a trend that has historically
Blockchain
Taiwan revises money laundering act to include digital assets
Taiwan is bolstering its anti-money laundering regulations through amendments to its Money Laundering Control Act, as the island aligns its laws with international standards set by the Asia/Pacific
Blockchain
Rate hikes linked to 11 out of 14 past U.S. recessions, historical analysis shows
Quick Take The Federal Reserve and other central banks worldwide are approaching the end of a rate-hiking cycle, raising concerns about a potential recession Historical data from Rosenberg Research,
Blockchain
Binance accused of firing whistleblower for internal market manipulation report
The Wall Street Journal published an exclusive report on May 9 alleging that Binance, the world’s largest crypto exchange, fired the head of its market surveillance team after he raised
Blockchain
Bitcoin’s 200-day moving average breaks $50,000 for the first time
Quick Take Bitcoin has primarily oscillated between the $60,000 and $70,000 range since late February, occasionally surpassing $70,000 to achieve its all-time high However, it briefly dipped below
Blockchain
Bitcoin and Ethereum ETFs in Hong Kong diverge
Quick Take Hong Kong ETFs According to Farside data, the digital asset exchange-traded funds (ETFs) market in Hong Kong (HK) experienced a divergence in flows on May 8 While Bitcoin (BTC) ETFs saw
Blockchain
SEC delays crypto wallet provider Exodus’ NYSE American listing amid ongoing scrutiny
Crypto wallet provider Exodus said the US Securities and Exchange Commission (SEC) made a “surprising last-minute decision” that delayed its planned listing on the NYSE American Stock
Blockchain
Core Scientific reports $210.7 million in Q1 net income, 2,825 BTC production
Core Scientific reported a $2107 million net income for the first quarter on May 8 The change represents an increase of $2111 million from the first quarter of 2023, when the company reported a net
Blockchain
Robinhood crypto trading volume up 224% YoY to $36 billion in Q1
Robinhood reported $36 billion in crypto notional trading volume during the first quarter of 2024, a 224% increase year over year The firm also reported record net revenues of $618 million, up 40%
Blockchain
Nigeria claims Binance’s bribery allegations are ‘blackmail’
The Nigerian government has refuted bribery allegations made by crypto exchange Binance, which were described as baseless and an attempt to distract from the company’s legal challenges in the
Blockchain
Biden administration to veto overturning of controversial SEC crypto rules
The Biden administration said on May 8 that it would veto HJ Res 109, which intends to overturn the SEC’s Staff Accounting Bulletin 121 (SAB 121) The administration said it “strongly
