Blockchain
Senate bill could target crypto protocols due to broad language on digital assets
This week, a bill placed on the Senate calendar introduces several provisions that could impact digital asset protocols and tokens Although it does not explicitly ban digital asset protocols, its
Blockchain
Robinhood’s $200 million Bitstamp acquisition aims to expand global crypto footprint
Robinhood has announced its agreement to acquire global crypto exchange Bitstamp for approximately $200 million in cash The acquisition, subject to regulatory approvals and customary closing
Blockchain
Fideum CEO discusses bridging traditional finance and DeFi in Europe
In a recent episode of the SlateCast, hosted by Senior Editor Liam “Akiba” Wright and CryptoSlate CEO Nate Whitehill, Ana Plotnikova, CEO and co-founder of Fideum Group, shared her
Blockchain
NVIDIA edges closer to becoming world’s most valuable company
Quick Take On June 5, 2024, the Nasdaq and S&P 500 reached unprecedented heights, closing at 19,035 and 5,354, respectively However, the standout story of the year has been NVIDIA’s
Blockchain
Major v17 update causes 4-hour Cosmos Hub downtime, ATOM token stable
On June 5, the Cosmos Hub blockchain network experienced an outage lasting around four hours due to a bug discovered during the implementation of the v17 upgrade The Cosmos team stated that the bug
Blockchain
Bitcoin ETFs see $1.4 billion in 2 days amid 17-day inflow streak, tying record
Quick Take According to Farside data, Bitcoin (BTC) exchange-traded funds (ETFs) experienced substantial inflows on June 5, with a notable accumulation of $4881 million This marks 17 consecutive
Blockchain
Kerrisdale Capital shorts Riot stock amid complaints about miner’s safety hazards, China imports
Kerrisdale Capital sent a complaint about crypto miner Riot Platforms to Texas officials over concerns related to safety hazards and equipment imported from China The company made the complaint in a
Blockchain
Fidelity believes investors should consider small Bitcoin exposure for long-term portfolios
Fidelity Investments believes that a modest Bitcoin (BTC) allocation could benefit investors regardless of their specific perspectives on the digital asset, CNBC reported The asset manager’s
Blockchain
Market accumulation drove Bitcoin’s realized profits to all-time high pre-halving
Onchain Highlights DEFINITION: Bitcoin’s entity-adjusted realized profit is the entity-adjusted variant of Realized Profit, which denotes the total profit (in USD) of all moved coins whose
Blockchain
Binance moves to dismiss most of UK Bitcoin SV case
Binance moved to dismiss most of the claims in a UK case regarding its delisting of Bitcoin SV (BSV), Reuters reported on June 5 The case also names the companies behind Kraken, Shapeshift, and
Blockchain
Bitcoin balances on OTC desks surge by 30,000 BTC in May
Quick Take CryptoSlate reported on May 9 that an influx of Bitcoin was returning to over-the-counter (OTC) desks, potentially marking a local top Bitcoin topped out around $63,000 on May 10 but
Blockchain
Bybit opens doors to Chinese users despite regulatory hurdles
Bybit has removed China from the list of countries whose citizens are restricted from using its services CryptoSlate confirmed this development on June 5 via the exchange’s website and noted