Tag: Cryptoslate
Blockchain
Token Terminal and Messari Release Research Reports on TRON Network For Q1 of 2024
Geneva, Switzerland, May 17, 2024 – Recent detailed analyses by Token Terminal and Messari have provided an in-depth review of the TRON network’s activity during the first quarter of 2024,
Blockchain
Nigerian court denies bail to Binance executive, intensifying crypto industry tensions
A Nigerian High Court has denied bail to Binance executive Tigran Gambaryan, citing concerns that he might flee the country Gambaryan, who turned 40 today, has been held by the Nigerian government
Blockchain
Chainlink surges 30% as DTCC explores blockchain for mutual fund data delivery
Depository Trust & Clearing Corporation (DTCC) has released the findings of its Smart NAV pilot, which explored extending its Mutual Fund Profile Service to leverage distributed ledger technology
Blockchain
Short-term Bitcoin holders increase by 20,000 BTC this week, with just over 50% from US ETFs
Quick Take As Bitcoin’s (BTC) price surged from around $60,000 to $66,000 this week, on-chain data revealed intriguing trends among long-term holders (LTHs) and short-term holders (STHs) LTHs,
Blockchain
Hong Kong pilots first-ever digital yuan payment system for cross-border transactions
The People’s Bank of China (PBoC) and the Hong Kong Monetary Authority (HKMA) have taken significant steps to expand the Digital Yuan (e-CNY)’s reach beyond mainland China On May 17, the
Blockchain
CME futures dominance aligns with rising institutional investment in Bitcoin
Quick Take Between Q4 2023 and 2024, a significant divergence emerged between the narratives of Bitcoin and the broader digital assets market This divergence was evident in the performance of the
Blockchain
Infamous crypto scam service Pink Drainer shuts down after netting $85 million
Pink Drainer, a notorious crypto wallet-draining service, is winding down its operations, according to a May 16 screenshot shared by blockchain sleuth ZachXBT A Dune analytics dashboard by Web3
Blockchain
Farmsent to enhance smart farming with Nuklai AI tools as peaq raises $35M amid token launch
Nuklai, an on-chain smart data platform, and peaq, a layer-1 blockchain for decentralized physical infrastructure networks (DePINs), have announced an integration aimed at enhancing AI and data
Blockchain
US Bitcoin ETFs see fourth consecutive day of inflows, adding $257.3 million
Quick Take US ETFs According to data from Farside, US Bitcoin (BTC) exchange-traded funds (ETFs) saw a $2573 million inflow, marking the fourth consecutive day of inflows The inflows were widespread,
Blockchain
India’s securities watchdog calls for crypto regulation; Turkey moves toward licensing model
Turkey and India advanced crypto policies on May 16 that could create a framework for businesses and investors operating in each country Reuters reported that the Securities and Exchange Board of
Blockchain
Pump.fun halts trading after suffering flash loan exploit
Solana-based DeFi memecoin platform Pumpfun experienced a significant breach on May 16 when an exploiter apparently utilized flash loans to manipulate the platform’s bonding curve contracts The
Blockchain
US lawmakers vote in favor of repealing controversial SEC accounting rules for crypto
The US Senate voted in favor of repealing the SEC’s Staff Bulletin 121 (SAB 121) on May 16 In all, 60 Senators voted in favor of HJ Res 109, a resolution to overturn the bulletin, while 38
