Tag: Cryptoslate
Blockchain
BIS report on DeFi activity reveals institutional traders heavily outmaneuver retail on Uniswap
The Bank for International Settlements (BIS) has revealed that institutional players dominate liquidity provision on decentralized exchanges (DEXs) like Uniswap, according to a Nov 19 report, In a
Blockchain
FTX co-founder Gary Wang sentenced to ‘time served’ as FTX criminal cases end
Gary Wang, co-founder and former chief technology officer of crypto exchange FTX, was sentenced to time served with no additional jail time after providing extensive cooperation to US prosecutors in
Blockchain
Bitcoin’s independence from S&P 500, Nasdaq grows post-election
It’s safe to say that Bitcoin has slowly evolved into a macro asset As such, its relationship with major traditional indices like the S&P 500 (SPX) and the Nasdaq Composite (NDQ) becomes a
Blockchain
MicroStrategy eyes $2.6 billion raise for Bitcoin acquisition as it breaks into top 100 US firms
MicroStrategy has increased its convertible debt offering to $26 billion, up from its original $175 billion target, according to a Nov 20 statement The firm stated that the proceeds from this
Blockchain
Switzerland regulator warns of rising crypto money laundering risks
Switzerland’s Financial Market Supervisory Authority (FINMA) has raised concerns about increasing money laundering risks in the crypto sector The warning, detailed in FINMA’s 2024 Risk
Blockchain
Memecoin revival drives Solana DEX Raydium past Tether in fees
Solana-based decentralized exchange (DEX) Raydium has outperformed stablecoin giant Tether in daily fee generation According to data from DeFiLlama, Raydium generated over $15 million in fees in the
Blockchain
Ethereum falls to 4-year low against Bitcoin as BTC breaks above $94k
Ethereum’s value against Bitcoin has reached a four-year low as Bitcoin’s price surpasses $94,000 The ETH/BTC trading pair fell to 003302 BTC, marking a significant decline from mid-2023
Blockchain
Crypto phishing scam nets $129 million in USDT then funds mysteriously return
A crypto whale narrowly avoided a $129 million USDT loss after falling victim to a phishing scam on the TRON blockchain Blockchain security firm Scam Sniffer reported the incident on Nov 20,
Blockchain
Bitcoin ETFs record over $1 billion inflow in 2 days as new price peak boosts investments
Bitcoin ETFs have attracted over $1 billion in inflows so far this week Data from Nov 18 shows total ETF inflows at $2548 million, which surged to $8164 million on Nov 19 On Nov 19, ARK’s ARKB
Blockchain
Kraken’s founder Jesse Powell backs Brian Brooks for SEC Chair
Jesse Powell, the founder of Kraken exchange, has voiced strong support for Brian Brooks, the former acting US Comptroller of the Currency, as the next Chair of the Securities and Exchange Commission
Blockchain
MicroStrategy’s Michael Saylor to pitch Bitcoin strategy to Microsoft’s board
Michael Saylor, prominent Bitcoin advocate and founder of MicroStrategy, will present a Bitcoin investment strategy to Microsoft’s board of directors next month In a Nov 19 VanEck-hosted X
Blockchain
Exchange stablecoin ratio hits record low, fueling Bitcoin surge
The exchange stablecoin ratio (ESR) is an on-chain metric that indicates the balance of liquidity between Bitcoin and stablecoins held on exchanges The metric is calculated as the ratio of the total
