Tag: Cryptoslate

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Hedgey Finance hit by $44.5 million crypto theft across Arbitrum and Binance networks

Token infrastructure platform Hedgey Finance lost approximately $445 million of digital assets within two hours across Ethereum’s layer-2 network Arbitrum and Binance Smart Chain In an April 19

Single Bitcoin transaction just cost $17,468 as halving nears

Quick Take As the highly anticipated Bitcoin halving draws near with just over 70 blocks remaining, and with the launch of Runes expected to go live on block 840,000, the Bitcoin market is witnessing

Bitcoin halving interest higher than ever with under 12 hours left to go

With less than 12 hours remaining until the next Bitcoin halving, online interest in the event has hit its highest rate, according to detailed tracking information provided by blockchain analytics

Tether coming to Telegram through TON blockchain amid $11 billion wider minting spree

Stablecoin issuer Tether confirmed to CryptoSlate its expansion of US dollar-backed USDT and gold-backed XAUT stablecoins onto The Open Network (TON) blockchain, according to an April 19 statement

Bitcoin ETFs experience fifth consecutive trading day of outflows

Quick Take Farside data shows that on April 18, Bitcoin (BTC) exchange-traded funds (ETFs) experienced a small outflow of $43 million, marking the fifth consecutive trading day of outflows However,

FTX empties FTT treasury wallet, transferring assets worth over $250 million

The bankrupt FTX exchange emptied its FTT treasury account to a new wallet address on April 18 Arkham Intelligence’s dashboard showed that the transferred assets from the FTT Treasury wallet

Stablecoin distribution reveals liquidity patterns in DeFi

Stablecoins are the foundation of the DeFi ecosystem Given the relatively high barriers to entry for fiat currencies and the operational complexities associated with bridging Bitcoin into DeFi

Bitcoin soars past $65,000 as Israel-Iran sparring looks to conclude

Bitcoin’s price momentarily exceeded $65,000 as the market reacted to seemingly reducing geopolitical tensions between Israel and Iran During the past week, the crypto industry slumped amid

SEC claims Justin Sun’s alleged visits to US grant it personal jurisdiction to pursue legal action

The US SEC filed an amended complaint in its case against Justin Sun and other defendants on April 18, arguing that Justin Sun’s alleged visits to the US should grant it the jurisdiction

IMF says Bitcoin has become necessary financial tool for preserving wealth amid financial instability

Bitcoin (BTC) is increasingly serving as a critical channel for cross-border financial flows amid global financial instability, according to a new report by the International Monetary Fund (IMF) The

Scaramucci says Bitcoin is ‘still very young,’ predicts $200k long-term price after halving

SkyBridge Capital founder Anthony Scaramucci said that Bitcoin is “still very young” in terms of adoption and predicted significant long-term growth despite its current volatility and

US lawmakers’ proposed ban on algorithmic stablecoins draws industry backlash

A recent legislative bill introduced by US Senators Cynthia Lummis and Kirsten Gillibrand has drawn the crypto industry’s ire due to a proposed ban on algorithmic stablecoins Former Blockchain