Tag: Cryptoslate

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Samsung’s new mining chips will be 45% more efficient

Tech giant Samsung said it is currently working on new 3-nanometer(nm) mining chips that will be 45% more energy efficient The post Samsung’s new mining chips will be 45% more efficient

Glassnode data shows Binance’s Bitcoin holdings surpass Coinbase

Popular crypto analyst Will Clemente, citing Glassnode data, revealed that Binance now holds more Bitcoin (BTC) units than its rival Coinbase The post Glassnode data shows Binance’s Bitcoin

Time Magazine looks to turn all future subscriptions into NFTs

Time Magazine’s President Keith Grossman recently said that he hoped to migrate all future subscriptions into NFTs of “TIMEPieces,” which give holders exclusive subscription rights

Senator Elizabeth Warren wants more enforcement from SEC in crypto space

The United States Securities and Exchange Commission (SEC) needs to take action to protect consumers against bad actors in the crypto space, Senator Elizabeth Warren told Yahoo Finance on July 17

Grayscale report says bear market could last for next 250 days

Grayscale has said in a report that the current crypto winter could last for another 250 days, based on previous market cycles The post Grayscale report says bear market could last for next 250 days

Binance fined €3.3 million in Netherlands for unlicensed operations

Binance has been fined €33 million by De Nederlandsche Bank (DNB) for offering unlicensed crypto services to the country residents The post Binance fined €33 million in Netherlands for

Investors lost over $100M after Invictus Capital moved funds into UST, Celsius against their wishes

Invictus Capital, a crypto investment firm based in South Africa, moved crypto from funds designated for investments with “no anticipated downside risk” into Terra USD and held the tokens

Hackers steals $400K in NFTs from Premint users via malicious link

Popular NFT platform Premint suffered a hack on July 17, leading to total losses of around $400,000 for users who clicked on a malicious link The post Hackers steals $400K in NFTs from Premint users

Moonsama partners with KILT protocol for SocialKYC integration

Polkadot-based NFT project Moonsama has announced that it integrated SocialKYC on its Multiverse Bridge, allowing users to sign in using their wallets instead of usernames and passwords The post

Bankruptcy lawyers believe Celsius customers may have to wait years for settlement

Lawyers commenting on Celsius’s recent bankruptcy filing told Reuters that users could face a long, drawn-out process in the path to recover their funds The post Bankruptcy lawyers believe

Sweden averse to Bitcoin mining amid rapid rise in energy demand

Europe’s mining heaven Sweden looks to re-direct Bitcoin miners’ power to job-creating projects as the country’s energy demand rapidly increases The post Sweden averse to Bitcoin

ETH, Lido rally following update on Ethereum’s Merge as markets turn green

Flagship digital assets Bitcoin (BTC) and Ethereum (ETH) are in the green as their values rose to over $22,000 and $1,400 in the last 24 hours The post ETH, Lido rally following update on