Tag: Cryptoslate

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JP Morgan CEO calls Bitcoin ‘Ponzi Scheme’ despite serving as Authorized Participant for BlackRock ETF

JPMorgan Chase CEO Jamie Dimon reiterated his strong skepticism toward Bitcoin on April 18, calling it a “fraud” and a “Ponzi scheme” despite the lender’s involvement in

Polkadot introduces JAM upgrade and 10 million DOT prize to enhance network capabilities

Gavin Wood, Polkadot’s founder, introduced the Gray Paper outlining the upcoming Join-Accumulate Machine (JAM) upgrade for the network This announcement was made during Wood’s

Holding Bitcoin has been unprofitable only on these days

Quick Take According to data gathered by Newhedge over the past 5,024 days, dating back to 2010, Bitcoin has been profitable for an impressive 4,947 days This means that the digital asset has only

Tether champions decentralized systems expanding tech, AI, education and financial reach

Since its inception, Tether has expanded from a stablecoin to a financial linchpin in developing regions, according to its CEO Paulo Ardoino, speaking at Token 2049 in Dubai Asserting its new role as

Glassnode and Coinbase report: Bitcoin maintains unique market path with low correlation to S&P 500

Quick Take Bitcoin (BTC) had an impressive first quarter in 2024, posting a 69% return and outperforming most traditional asset classes Despite the launch of BTC ETFs, which many thought would lead

Senator Warren wants to extend anti-money laundering rules to crypto miners and validators

US Senator Elizabeth Warren said any new crypto regulation, including the newly proposed regulatory framework for the stablecoin market, must include the full suite of anti-money laundering

Nym Technologies joins Liquid Federation to boost Bitcoin layer-2 privacy and security

Web3 privacy-focused infrastructure provider Nym Technologies has joined Liquid Federation to support the growing Bitcoin layer-2 ecosystem, according to an April 18 statement shared with CryptoSlate

BITB, Bitwise’s BTC ETF, experiences first outflow since launch

Quick Take Bitcoin ETFs experienced significant outflows on April 17, with Farside data showing a $1650 million outflow, the largest since April 8 Grayscale GBTC saw outflows of $1331 million,

Bitcoin Ordinals Game Boy inspired gaming handheld and hardware wallet sells out instantly

Ordz Games sold out of its latest product, the BitBoy One, a GameFi DePIN handheld gaming device, with all 1,000 units gone in just two minutes during the April 17 public sale The device, which

Binance enhances SAFU fund stability through USDC amid regulatory progress in Dubai and India

Binance has completed the conversion of its Secure Asset Fund for Users (SAFU) into Circle’s USD Coin (USDC) stablecoin, according to on-chain data In an April 18 statement, Binance confirmed

New Zealand’s CBDC roadmap enters design consultation stage

The Reserve Bank of New Zealand opened a new consultation period on a central bank digital currency (CBDC) on April 17 The current stage of development seeks input on “high-level design options

Worldcoin unveils World Chain, a Layer-2 network ‘built for humans’

Worldcoin Foundation announced on April 16  that it will launch a proprietary Layer-2 network on Ethereum called World Chain — describing it as a “new blockchain designed for humans”