Tag: Cryptoslate
Blockchain
Terraform Labs to restrict US access, withdraw $23 million of liquidity following SEC ruling
Terraform Labs (TFL) announced changes to its operations on April 25 in light of a recent court ruling related to the SEC’s case against the company TFL said it expects to receive a conduct
Blockchain
Franklin Templeton tokenizes $380 million US government money fund on Polygon, Stellar
Franklin Templeton has tokenized a $380 million treasuries fund on the Polygon and Stellar blockchains to enable peer-to-peer (P2P) transfers without intermediaries The company has launched the
Blockchain
Consensys sues SEC, seeks court declaration that Ethereum is not a security
Consensys filed a lawsuit against the US Securities and Exchange Commission (SEC) on April 25 over allegations that the watchdog has overstepped in its authority in trying to regulate Ethereum (ETH)
Blockchain
Top Ethereum Layer-2 networks adopt Avail DA to boost rollup efficiency and security
Several top Ethereum Layer-2 (L2) networks, such as Arbitrum, Optimism, Polygon, zkSync, and Starkware, are preparing to integrate Avail’s Data Availability (DA) solution, according to an April
Blockchain
Despite market volatility, MicroStrategy’s “BTC per Share” reaches near record levels
Quick Take MicroStrategy (MSTR) has recently experienced a pullback in its stock price, currently trading around $1,260 per share, down 35% from its recent high of nearly $2,000 This decline is in
Blockchain
SEC cold-shoulders Ethereum ETF applicants in meetings, dashing hopes of May approval
The US SEC is expected to reject several applications for exchange-traded funds (ETFs) based on Ethereum, the world’s second-largest cryptocurrency, Reuters reported on April 25, citing
Blockchain
Bitcoin ETFs in the US drive higher crypto allocations among institutional investors
Institutional investors increasingly sought exposure to crypto during the first quarter of the year following the launch of several US-based spot Bitcoin exchange-traded funds (ETFs) in January The
Blockchain
IBIT vs GLD: A compelling tale of Bitcoin’s growing dominance over traditional gold investments
Quick Take Bitcoin left a significant mark on the ETF industry in 2024, with Bitcoin ETFs drawing in more than $12 billion in net inflows combined Leading this surge is BlackRock’s iShares
Blockchain
Polygon leads in EVM efficiency as DeFi users favor low transaction costs
Layer-1 blockchains are foundational networks supporting various applications directly on their protocol, while Layer-2 blockchains operate atop these foundational layers, enhancing scalability and
Blockchain
Bitcoin stabilizes near $63,000 as U.S. economic growth decelerates.
Quick Take Data from Trading Economics shows the United States economy grew at an annualized rate of 16% in the first quarter of 2024, falling short of the forecasted 25% and slowing down from the
Blockchain
Polkadot’s new StorageHub parachain targets improved data storage efficiency
StorageHub, a Polkadot parachain, is joining the decentralized data storage revolution, promoting efficiency and network accessibility through decentralized storage solutions The network would be
Blockchain
Bitcoin options signal cooling bullish sentiment as key support level emerges at $61,000
Quick Take As Bitcoin’s price hovers around $63,000, slightly down over the past 24 hours, the options market is providing insights into shifting investor sentiment ahead of the expiration on
