Tag: Cryptoslate
Blockchain
Vitalk Buterin drafts EIP-7702 to enhance externally owned accounts
In a recent proposal, prominent Ethereum developers, including Vitalik Buterin, Sam Wilson, Ansgar Dietrichs, and Matt Garnett, suggested a new transaction type to enhance Externally Owned Accounts
Blockchain
US voters in swing states more likely to vote for crypto-friendly politicians – survey
A majority of registered voters in key US swing states have voiced dissatisfaction with the current financial system while also showing a significant interest in crypto, according to a comprehensive
Blockchain
Coinbase legal chief challenges SEC chair Gensler’s claim that most crypto tokens are securities
Coinbase chief legal officer Paul Grewal called on US SEC Chair Gary Gensler to stop misleading the market about the legal status of cryptocurrencies in a May 7 social media post Grewal made the
Blockchain
Polkadot developer proposes inflation upgrade to enhance transparency
Polkadot developer Kian Paimani has proposed a flexible inflation upgrade for the network to address the issues tied to the blockchain’s inflation logic According to the proposal’s GitHub
Blockchain
Bitcoin’s April plunge leads to $2.92 billion in spot outflows
Quick Take Bitcoin faced massive selling pressure in April 2024, recording its most significant monthly decline of 15% since November 2022, when it dropped over 16% CryptoSlate previously analyzed
Blockchain
US Bitcoin ETFs see record outflows as Hong Kong counterparts thrive
CoinShares’ latest weekly report revealed that crypto-related investment products saw their fourth consecutive week of negative flows, dominated by the “measurable outflows from the newly
Blockchain
As Marathon Digital joins S&P SmallCap 600, shares surge 18%
Quick Take Marathon Digital Holdings Inc (MARA), the largest Bitcoin mining company in terms of market cap, is set to join the S&P SmallCap 600 index, effective before the opening of trading on
Blockchain
Binance CEO says Nigeria is detaining US exec as a control tactic, reveals bribe demands
Binance CEO Richard Teng has called for the release of Tigran Gambaryan, the exchange’s detained executive in Nigeria In an extensive May 7 blog post, Teng said Gambaryan’s detention was
Blockchain
Bitcoin mining difficulty set for sharpest drop since FTX collapse
Quick Take Bitcoin’s mining difficulty is on the brink of its most significant downward adjustment since the FTX collapse in December 2022 Newhedge forecasts a reduction of over 4% on May 9,
Blockchain
Crypto Super PACs raise $102M to support crypto-friendly US candidates
Crypto Super PACs have amassed $102 million in funds ahead of the US elections to advocate for candidates supportive of the industry, according to a report by Public Citizen Approximately $54 million
Blockchain
Fidelity leads with inflows as Bitcoin ETFs capture $217M in one day
Quick Take According to Farside data, the Bitcoin ETFs (Exchange-Traded Funds) in the US witnessed another net inflow day on May 6, reaching $2170 million This massive influx comes just days after
Blockchain
Hightower Advisors, SouthState Bank disclose investments in spot Bitcoin ETFs
Hightower Advisors disclosed a $68 million investment in spot Bitcoin ETFs in a May 6 filing The 13F filing indicates that the firm holds 709,956 shares of Grayscale’s GBTC worth $448 million,
