Tag: Cryptoslate
Blockchain
Ethena USDe overtakes Solana in revenue, hits $3 billion market cap
Ethena Labs’ USDe, a synthetic dollar stablecoin, has garnered significant community adoption, propelling it to become the fourth-largest stablecoin by market capitalization This achievement
Blockchain
Epoch Times CFO charged in multi-million dollar crypto laundering plot
Weidong “Bill” Guan, the Chief Financial Officer of The Epoch Times, has been arrested and charged with orchestrating a $67 million international money laundering scheme Federal
Blockchain
US Bitcoin ETFs mark 15 straight days of inflows led by Fidelity’s $77 million boost
Quick Take US ETFs According to data from Farside, Bitcoin (BTC) exchange-traded funds (ETFs) saw inflows of $1051 million on June 3, marking 15 consecutive trading days of inflows The inflows were
Blockchain
A flat month for miners after a volatile April
April was a month filled with significant activity and volatility for Bitcoin miners Most of the month was spent anticipating Bitcoin’s halving and the launch of Runes, with many analysts and
Blockchain
Nearly three-quarters of organizations now use AI, breaking adoption stagnancy: McKinsey
A new survey reveals that 72% of organizations have adopted AI in at least one area as of March 2024, according to a new survey conducted by McKinsey on May 30 Meanwhile, roughly 50% of all
Blockchain
Bitcoin realized cap approaches $600 billion, signals rising investor confidence post-halving
Onchain Highlights DEFINITION: Bitcoin’s realized cap highlights the Realized Cap values of different parts of the supplies at various prices (instead of using the current daily close)
Blockchain
More US states expected to follow Wisconsin’s lead by investing in spot Bitcoin ETFs
Marquette University professor emeritus David Krause told PBS Wisconsin on May 31 that other US states could follow Wisconsin in investing in spot Bitcoin ETFs Krause called Bitcoin a “good
Blockchain
Bitcoin active addresses plummet to five-year low
Onchain Highlights DEFINITION: Bitcoin’s active addresses are the number of unique addresses that were active in the network, either as a sender or receiver Only addresses that were active in
Blockchain
Coinbase CEO calls on crypto community to vote out anti-crypto politicians
Coinbase CEO Brian Armstrong has called for a concerted effort to secure regulatory clarity for the crypto industry by supporting pro-crypto political candidates and voting out anti-crypto incumbents
Blockchain
Binance to limit unregulated stablecoins in EU ahead of new crypto rules
Binance will limit the availability of “unregulated stablecoins” in the EU by June 30, aligning with the upcoming Markets in Crypto-Assets Regulation (MiCA), according to a statement
Blockchain
Bitcoin hash rate plummets to 567 EH/s: steepest 7-day decline since July 2021
Quick Take A recent analysis by CryptoSlate indicates that Bitcoin miners continue to capitulate, as evidenced by the hash ribbon metric Glassnode data shows that the current hash rate, observed on a
Blockchain
Michael Saylor and MicroStrategy settle $40 million tax fraud case without admission of guilt
Washington, DC Attorney General Brian Schwalb announced a historic $40 million tax fraud recovery settlement with Michael Saylor and his company, MicroStrategy, according to a June 3 press release
