Tag: Cryptoslate

spot_img

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

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

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

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

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

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)

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

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

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

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

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

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