Tag: Cryptoslate
Blockchain
BTC-e crypto exchange operator pleads guilty to money laundering in the U.S.
Alexander Vinnik, a Russian national who operated the crypto exchange BTC-e, pled guilty to charges of money laundering conspiracy in the US on May 3, according to a Bloomberg report BTC-e was one of
Blockchain
The rise of Bitcoin ETFs and future market implications
The following is a guest post from Shane Neagle Regardless of an asset’s fundamentals, its value is governed by one underlying feature – market liquidity Is it easy for the wider public to
Blockchain
DOJ charges three Cred execs over $783 million in customer fund losses
On May 3, the US DOJ announced charges against former executives of Cred, a bankrupt crypto lending and investing firm Authorities alleged that the three accused individuals — Cred co-owner and
Blockchain
Crypto firms raised $2.5 billion in Q1, representing 29% quarterly increase
Galaxy reported an assortment of VC investment data, including nearly $25 billion invested in the first quarter, on May 3 Crypto firms attracted funding across 603 deals during the period,
Blockchain
Bitfinex whales bolster Bitcoin holdings by 6% amid recent price surge
Quick Take Over the past few days, Bitfinex has recorded a substantial 6% increase in Bitcoin (BTC) long positions held by whales — totaling a staggering 48,615 BTC Analyzing Bitfinex whale
Blockchain
Dutch authorities arrest suspect in ZKasino gambling scam, seize $12.2 million in assets
The Netherlands’ Fiscal Information and Investigation Service (FIOD) announced the arrest of a 26-year-old suspected to be involved in the ZKasino decentralized gambling platform scam
Blockchain
Arthur Hayes predicts Bitcoin is poised for a steady rise in value
Former BitMEX CEO Arthur Hayes expressed optimism regarding Bitcoin’s future trajectory, suggesting that the recent downturn marks a local bottom, with the flagship crypto poised for a gradual
Blockchain
Challenging the notion of ‘Stag’ or ‘Flation’
Quick Take Federal Reserve Chair Jerome Powell dismissed concerns about stagflation following the release of the latest US economic data In his speech following the Fed’s decision to keep fed
Blockchain
Marathon Digital boosts Bitcoin production by 21% YoY in April, defies halving challenges
Marathon Digital reported a significant year-on-year surge in its Bitcoin production last month, defying expectations surrounding the halving event Bitcoin production increase In its April
Blockchain
Crypto trader loses $70.5 million in address poisoning scam, highest recorded yet
Blockchain security firm Cyvers Alert reported that an unnamed crypto trader lost 1,155 Wrapped Bitcoin (WBTC), equivalent to $705 million worth, to address poisoning The firm said: “Are we
Blockchain
Hong Kong firm invests $38 million in BlackRock’s IBIT, highlighting appeal of US ETFs
Quick Take Farside data shows that the Bitcoin exchange-traded funds (ETFs) witnessed an outflow of $344 million on May 2 Grayscale’s GBTC was the sole ETF to experience outflows, which is an
Blockchain
Polkadot ecosystem thrives with significant growth in Q1, reaching $12.7 billion market cap: Messari
Polkadot’s ecosystem recorded massive growth across major metrics during the first quarter of the year, according to a Messari report During this period, the market cap of Polkadot’s
