Tag: Cryptoslate
Blockchain
Hedge funds and RIAs boost Bitcoin exposure to $34.3B, up 357% in 2024
A recent report by River revealed that hedge funds and registered investment advisors’ (RIA) exposure to Bitcoin (BTC) via exchange-traded products (ETF) reached $343 billion as of Dec 31,
Blockchain
Gotbit founder extradited to US to face market manipulation and fraud charges
Gotbit founder Aleksei Andriunin has been extradited to the US to face charges related to market manipulation and wire fraud conspiracy, according to a Feb 26 statement by the US Attorney’s Office
Blockchain
Bybit exploit tied to Safe developer machine vulnerability
Bybit revealed that the recent $14 billion hack did not compromise its infrastructure and was caused by a vulnerability in a Safe developer machine According to the exchange’s initial forensic
Blockchain
Oklahoma advances Bitcoin reserve legislation as other states pause
Oklahoma’s effort to establish a state Bitcoin reserve took a step forward on Feb 25 after the House Government Oversight Committee approved HB 1203, moving it to the full House for further debate
Blockchain
Bitcoin price dip sees short-term holders exiting with $1.7 billion in realized losses
On Feb 25, Bitcoin’s price tumbled to a three-month low, falling below $90,000 as short-term holders offloaded their holdings amid bearish market sentiment CryptoQuant’s data indicates that
Blockchain
Binance denies claims of dumping Ethereum and Solana
Binance refuted social media claims that it is offloading its Ethereum (ETH) and Solana (SOL) holdings On Feb 26, Binance’s customer support team addressed the speculation on X (formerly Twitter),
Blockchain
US financial giants Bank of America look to enter stablecoin market as PayPal advances PYUSD
Traditional financial giants Bank of America and PayPal are making bold moves in the stablecoin sector, signaling the rising institutional interest in the sector, which is worth over $200 billion On
Blockchain
Ethereum considers Poseidon hash to boost zero-knowledge proof efficiency
Ethereum co-founder Vitalik Buterin is advocating for deeper research into the Poseidon hash function as the network explores ways to improve zero-knowledge (ZK) proof efficiency In a Feb 26 post on
Blockchain
Tether CEO foresees mainstream brain chips, warns of need for open systems
Tether CEO Paolo Ardoino discussed the company’s digital dollar, AI development, and brain-computer interfaces in an interview with Black Box, which he says is “probably the podcast
Blockchain
Ethereum Foundation backs Tornado Cash developer with $1.25 million legal aid
The Ethereum Foundation has stepped in to support Alexey Pertsev, a developer behind Tornado Cash, by donating $125 million toward his legal defense Announcing the donation on Feb 26, the Foundation
Blockchain
How Bybit didn’t waste a good crisis
The following is a guest post from George Godsal, Managing Director at REKT Partners It’s the number one fear of any crypto exchange: a massive hack And in the case of Bybit, they have taken the
Blockchain
XRP Ledger plans big upgrades to facilitate institutional DeFi
XRP Ledger (XRPL) has outlined a strategic roadmap to enhance institutional DeFi and programmability within its ecosystem This initiative focuses on integrating compliance-driven solutions, expanding
