Tag: Cryptoslate

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Despite heavy outflows, CEXs continue to be pillars of liquidity

Centralized exchanges are the primary gateways for traders to buy and sell crypto Despite the significant rise in popularity and usage of decentralized exchanges (DEXs) in the past year, CEXs still

Minutes Network

The Minutes Network project is an ambitious initiative poised to revolutionize the call termination market by utilizing new proprietary and blockchain technology The project’s primary goal is

Core Scientific upholds deal with CoreWeave amid rejecting $1 billion ‘unsolicited’ buyout

Core Scientific (CORZ) has rejected an “unsolicited” $1 billion buyout offer from CoreWeave, deeming it significantly undervalued and not in the best interests of its shareholders The

Bitcoin mining difficulty sees second negative adjustment following April halving

Quick Take According to Newhedge, Bitcoin’s mining difficulty has decreased by -078% This is the second negative adjustment in the last four, following the Bitcoin halving on April 20 The

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

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

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

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

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

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

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

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