Tag: Cryptoslate

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Bitcoin halving cuts production, sinks revenues for top miners

Stronghold Digital Mining reported a 471% decline in its monthly Bitcoin mining output in May The firm mined 82 BTC during the first full month following the halving, compared to 155 BTC in April

Bakkt shares slide as company explores sale or breakup options

Bakkt Holdings shares have declined following reports that the company was exploring strategic options, including a potential sale or breakup of its operations On June 7, Bloomberg, citing people

Arthur Hayes predicts impending bull run for Bitcoin as G7 central banks start easing policy

BitMEX co-founder Arthur Hayes believes the recent policy shifts by global central banks herald the start of a significant bull market for Bitcoin and high-potential altcoins In his latest blog post,

Trump vows to end Biden-Gensler crusade against crypto after taking office

Donald Trump promised to halt the anti-crypto policies of US President Joe Biden and SEC chair Gary Gensler within an hour of taking office if he is re-elected, Reuters said on June 7 Palantir

Russian official says international CBDC payments will be the norm within 5 years

Central bank digital currencies (CBDCs) are expected to become widespread and will be used for international payments as a norm within the next five years, according to Anatoly Aksakov, Chairman of

Norwegian authorities help Sky Mavis recover $5.7M from Ronin bridge heist

Sky Mavis, the developer behind Axie Infinity, successfully recovered approximately $57 million from the Ronin Bridge exploit with the Norwegian government’s assistance In a June 7 statement,

TRON DAO at Consensus 2024 with Exclusive Whale Night Event

Geneva, Switzerland, June 7, 2024 – TRON DAO proudly marked its significant presence at Consensus 2024, held in Austin, Texas, as a 3 Block Sponsor This premier blockchain and digital asset event

AI used for crypto crimes on the rise, Elliptic warns

Artificial Intelligence (AI) is increasingly being used to commit crimes in the crypto asset ecosystem, according to a new report from Elliptic AI-crypto crimes The report noted that criminals

Bitcoin set for new all-time high next week but Ethereum holds it back – 10x Research

Crypto research firm 10x Research has warned that a sharp decline in Ethereum prices could prevent Bitcoin from reaching a sustainable new all-time high of over $83,000, according to a June 7

US creates 272,000 new jobs in May as Bitcoin falls below $71,000

Bitcoin fell around 2% instantly as US nonfarm payrolls rose 272,000 month over month for May, way above the estimated 180,000 The rest of the crypto industry, along with the traditional equities

Judge may impose ‘extraordinary’ response of up to 7 years in prison for Craig Wright’s lies

Craig Wright faced a decisive blow in the courtroom today as the UK High Court delved into the penalties and injunctive relief in his case against the Crypto Open Patent Alliance (COPA) The

Former US prosecutors demand action on Binance exec’s detention in Nigeria

A group of more than 100 former US federal prosecutors has urged the United States government to intensify efforts to secure the release of Binance executive Tigran Gambaryan from Nigerian custody,