Valkyrie aims to rescue Grayscale’s Bitcoin Trust
Valkyrie Investments announced in a December 28 statement that it has submitted a proposal to become the sponsor and manager of Grayscale’s Bitcoin Trust. The post Valkyrie aims to rescue Grayscale’s Bitcoin Trust appeared first on CryptoSlate.
Italians to pay 26% crypto gains tax from 2023
The Italian Parliament has approved the implementation of a 26% taxation on any crypto-oriented profits above €2,000 on December 30. This new legislation is a part of the 2023 Italian budget. The post Italians to pay 26% crypto gains tax from 2023 appeared first on CryptoSlate.
2022 second-worst year ever for Bitcoin price – Arcane
Arcane Research’s 2022 year-end report cited that 2022 was the second-worst-performing year for Bitcoin (BTC), as the leading crypto saw a 65% decrease throughout the year, only beaten by the 73% sink recorded in 2018. The post 2022 second-worst year ever for Bitcoin price – Arcane appeared first on CryptoSlate.
Pi Network warns against Huobi’s unauthorized Pi token listing
On December 29, crypto exchange Huobi Global announced the listing of Pi, the native token of the Pi Network. The post Pi Network warns against Huobi’s unauthorized Pi token listing appeared first on CryptoSlate.
Ault Alpha buys 50M shares of BitNile since September 2021
Diversified holding company BitNile announced that its related party Ault Alpha had purchased a total of 50 million shares of BitNile common stock since September 2021. The post Ault Alpha buys 50M shares of BitNile since September 2021 appeared first on CryptoSlate.
On-chain metrics signal upcoming BTC volatility
The open futures interest and the futures estimated leverage ratio metrics had reached their highest levels for over a month, which indicates an upcoming Bitcoin (BTC) volatility, according to Glassnode data analyzed by CryptoSlate. The post On-chain metrics signal upcoming BTC volatility appeared first on CryptoSlate.
SBF allegedly moves $684,000 into Seychelles exchange, RenBridge
On-chain data suggests the fallen founder of FTX Sam Bankman-Fried (SBF) moved Ethereum (ETH) worth $684,000 to RenBridge and Seychelles-based exchanges over the past 2 days. In a Twitter thread, on-chain sleuth BowTiedlguana claimed that SBF transferred $684,000 worth of Ethereum (ETH) to a Seychelles-based exchange and RenBridge. The post SBF allegedly moves $684,000 into Seychelles exchange, RenBridge appeared first on CryptoSlate.
Wallets with 0.1 BTC to 1 BTC hold over 1M Bitcoin
The total supply of wallets holding between 0.1 Bitcoin (BTC) and 1 Bitcoin has surpassed 1 million coins, while the collective supply of wallets that hold between 1 BTC and 10 BTC topped 2 million. The post Wallets with 0.1 BTC to 1 BTC hold over 1M Bitcoin appeared first on CryptoSlate.
Research: Ethereum’s 2 years peak dominance over Bitcoin has not translated into new ATH
Bitcoin (BTC) might be worth more than Ethereum (ETH), but available Glassnode data, as analyzed by CryptoSlate, shows that ETH’s peak dominance has outperformed BTC’s in the last two years. The post Research: Ethereum’s 2 years peak dominance over Bitcoin has not translated into new ATH appeared first on CryptoSlate.
Bahamas regulator is temporarily holding $3.5B FTX assets
Bahamas Securities Commission said it is temporarily holding FTX assets worth $3.5 billion with plans to distribute them to the bankrupt firm’s creditors and customers, according to a December 29 statement. The post Bahamas regulator is temporarily holding $3.5B FTX assets appeared first on CryptoSlate.
Turkey completes first digital lira transactions
Turkey’s national bank announced in a December 29 press release that it has successfully carried out the first transactions involving its digital lira. The post Turkey completes first digital lira transactions appeared first on CryptoSlate.
Bitcoin Mining farm Bitfarms co-founder and CEO Emiliano Grodzki resigns
Emiliano Grodzki, co-founder and CEO of Canadian Bitcoin mining company Bitfarms, has resigned, according to a press release on December 29. The post Bitcoin Mining farm Bitfarms co-founder and CEO Emiliano Grodzki resigns appeared first on CryptoSlate.
BMW to bring blockchain loyalty program through Coinweb and BNB chain
Car manufacturer BMW integrated blockchain solutions through BNB Chain and Coinweb, a blockchain infrastructure firm, to automate its routine operations and provide its customers with blockchain loyalty programs in Thailand. The post BMW to bring blockchain loyalty program through Coinweb and BNB chain appeared first on CryptoSlate.
SOL price recovers as Vitalik tweets support for Solana community
Ethereum creator Vitalik Buterin seemingly helped Solana recover single-handedly today, December 29, as he praised the project on Twitter. The post SOL price recovers as Vitalik tweets support for Solana community appeared first on CryptoSlate.
Bitcoin investors look to 2023 after disappointment of Santa rally that never was
The run-up to Christmas was filled with hope for a Santa rally that would close the year on a high note. The post Bitcoin investors look to 2023 after disappointment of Santa rally that never was appeared first on CryptoSlate.
FTX creditors ask for names and info to be redacted from court filings
Several former FTX customers have asked for their names removed from court filings, according to a Wall Street Journal report on December 29. The post FTX creditors ask for names and info to be redacted from court filings appeared first on CryptoSlate.
Research: The Bearish case for Bitcoin as 2022 ends
Amid arguably the coldest winter in Bitcoin’s history, its price has fallen by more than 70% from its November 10, 2021, all-time high of $69,044.77, while its market cap is down to $318.943 billion from the yearly high of $9024 billion — a 64.64% decline. The post Research: The Bearish case for Bitcoin as 2022 ends appeared first on CryptoSlate.
Op-ed: The FTX collapse is likely the bottom for the crypto market, if this one thing happens
When investors put money on an exchange, they shouldn’t have to worry if it’ll vanish tomorrow. The post Op-ed: The FTX collapse is likely the bottom for the crypto market, if this one thing happens appeared first on CryptoSlate.
Celsius, FTX, Voyager users sell bankruptcy claims for pennies on the dollar
Hundreds of Celsius, FTX, and Voyager customers have opted to avoid the bankruptcy process by selling their claims for a fraction of their face value, the Wall Street Journal reported. The post Celsius, FTX, Voyager users sell bankruptcy claims for pennies on the dollar appeared first on CryptoSlate.
Binance secures 14 licenses, grows headcount to 7,500 in 2022
Binance saw steady growth in 2022, securing 14 licenses and increasing its headcount to 7,500 people representing over 100 nationalities. The post Binance secures 14 licenses, grows headcount to 7,500 in 2022 appeared first on CryptoSlate.
Old tweet from Shiba Inu lead resurfaces teasing end of year development
Twitter user @ShibaInuHodler drew speculation over a message posted by Shiba Inu Lead Developer Shytoshi Kusama in January 2022. The post Old tweet from Shiba Inu lead resurfaces teasing end of year development appeared first on CryptoSlate.
Pudgy Penguins transaction volume surges 599% in 7 days
NFT collection Pudgy Penguins‘s transaction volume recorded a 599% surge in the past seven days and reached 1,534 Ethereum (ETH), WuBlockchain reported. The post Pudgy Penguins transaction volume surges 599% in 7 days appeared first on CryptoSlate.
Disputed Robinhood shares may be moved to neutral account at BlockFi’s request
The judge overseeing BlockFi’s ongoing bankruptcy case agreed today to review a request that could see 56 million Robinhood shares moved to a neutral location, according to a report from the Wall Street Journal on December 28. The post Disputed Robinhood shares may be moved to neutral account at BlockFi’s request appeared first on CryptoSlate.
BTC miner balances poised for selloff as sell pressure increases
Bitcoin (BTC) miner balances started at 1.82 million BTC at the beginning of the year. The post BTC miner balances poised for selloff as sell pressure increases appeared first on CryptoSlate.
Brazilians are turning to stablecoins to protect savings from inflation
According to recent market data, 50% of the Brazilian Real (BRL) volumes involve a stablecoin. The recent development poses an impressive figure about the usage of stablecoins in Brazil, especially as only 5% of the BRL volume involves USD directly. The post Brazilians are turning to stablecoins to protect savings from inflation appeared first on CryptoSlate.
China to launch its first regulated NFT marketplace, China Digital Asset Trading Platform, on January 1
China will launch a regulated platform for trading Non-fungible trading tokens (NFTs) known as China Digital Asset Trading Platform on January 1, 2023, according to local media outlet Sina News. The post China to launch its first regulated NFT marketplace, China Digital Asset Trading Platform, on January 1 appeared first on CryptoSlate.
Total NFT market cap grows 11,664% in 2 years
Total NFT market cap recorded a growth of 11,664% in two years, increasing to around $10 billion from $85 million on December 2020, according to NFT Valuations data shared by crypto influencer 6529. The post Total NFT market cap grows 11,664% in 2 years appeared first on CryptoSlate.
Celsius case ‘administrative expenses’ add up to $53M
Lawyers, advisers, and bankers involved in the Celsius bankruptcy case collectively earned $53 million as administrative expenses in four months, as reported by the Financial Times. The post Celsius case ‘administrative expenses’ add up to $53M appeared first on CryptoSlate.
Uniswap V3 was the most used Ethereum contract in 2022
Uniswap V3 has become the most popular Ethereum contract in 2022, ranking first when it comes to total gas used throughout the year. The post Uniswap V3 was the most used Ethereum contract in 2022 appeared first on CryptoSlate.
Victims seek refund as 3Commas CEO verifies API data leak
3Commas CEO Yuriy Sorokin confirmed that a hacker leaked his firm’s API keys in a December 28 Twitter thread. The post Victims seek refund as 3Commas CEO verifies API data leak appeared first on CryptoSlate.
Donald Trump’s NFT’s floor price drops 80% in 10 days
Former United States President Donal Trump’s NFT collection, Trump Digital Trading Cards, lost 80% of its value as the floor fell to 0.16 Ethereum (ETH) from 0.84 ETH ten days ago. The post Donald Trump’s NFT’s floor price drops 80% in 10 days appeared first on CryptoSlate.
Gemini faces lawsuit for violating the U.S. Exchange Act
Crypto exchange Gemini and its founders, the Winklevoss twins, are facing a class-action lawsuit for allegedly not registering their interest-bearing accounts as securities and thereby violating the United States Exchange Act, according to a Tweet by crypto influencer ODELL. The post Gemini faces lawsuit for violating the U.S. Exchange Act appeared first on CryptoSlate.
MicroStrategy will launch Bitcoin Lightning enterprise plugin in 2023
Michael Saylor, executive chairman of MicroStrategy, said on December 28 that his company will introduce a Lightning Network-based product in 2023. The post MicroStrategy will launch Bitcoin Lightning enterprise plugin in 2023 appeared first on CryptoSlate.
Ryder Ripps responds to denial of motion to dismiss BAYC trademark lawsuit
Conceptual artist Ryder Ripps tweeted his response and counterclaims to the lawsuit filed against him, and fellow defendant Jeremy Cahen, over trademark infringement of the Bored Ape Yacht Club (BAYC) brand. The post Ryder Ripps responds to denial of motion to dismiss BAYC trademark lawsuit appeared first on CryptoSlate.
Alameda-related addresses come to live days after SBF’s release
Crypto wallets associated with bankrupt trading firm Alameda Research have become active in the last 24 hours, swapping ETH-related tokens for USDT and Ethereum, according to blockchain security firm Peckshield. The post Alameda-related addresses come to live days after SBF’s release appeared first on CryptoSlate.
FTX ex-CEO Sam Bankman-Fried likely to enter a plea on January 3, 2022
Sam Bankman-Fried is expected to enter a plea on January 3, 2022, to criminal charges, including conspiracy to commit money laundering and conspiracy to commit fraud on customers and lenders. The post FTX ex-CEO Sam Bankman-Fried likely to enter a plea on January 3, 2022 appeared first on CryptoSlate.
MicroStrategy just bought another 2,500 BTC
Business Intelligence firm MicroStrategy has purchased an additional 2,395 BTC between November 1 and December 21. The post MicroStrategy just bought another 2,500 BTC appeared first on CryptoSlate.
Solana slides again – token down 96% from ATHs
Solana took another sharp fall today, sinking below $10 for the first time since February 2021. The post Solana slides again – token down 96% from ATHs appeared first on CryptoSlate.
Argo shares soar following $65M sale of mining facility to Galaxy digital
Struggling Bitcoin (BTC) miner Argo Blockchain sold its Helios mining facility in Texas to Galaxy Digital for $65 million and also got a $35 million loan from the company as part of the deal, according to a December 28 statement. The post Argo shares soar following $65M sale of mining facility to Galaxy digital appeared first on CryptoSlate.
Bitcoin hash rate falls 13% in one day, mining difficulty estimated to drop 10%
Bitcoin’s (BTC) hash rate fell 13% on December 27 to 202.17 EH/s from around 240 EH/s recorded on December 26. The post Bitcoin hash rate falls 13% in one day, mining difficulty estimated to drop 10% appeared first on CryptoSlate.
Bitcoin cumulative transfer volume exceeds $100 trillion milestone
Bitcoin’s cumulative transfer volume (CTV) exceeded $100 trillion in recent weeks, coming in at $105 trillion at present, according to Glassnode data. The post Bitcoin cumulative transfer volume exceeds $100 trillion milestone appeared first on CryptoSlate.
Bitcoin shrimps have accumulated 60K BTC in the last 30 days
Bitcoin (BTC) shrimps aggressively accumulated Bitcoin in the last 30 days — adding a total of roughly 60,000 BTC to their portfolios, according to Glassnode data. The post Bitcoin shrimps have accumulated 60K BTC in the last 30 days appeared first on CryptoSlate.
Midas reveals $60M deficit, announces closure of operations
Crypto platform Midas Investment will shut operations because of the significant losses it incurred in 2022, according to a December 27 statement. The post Midas reveals $60M deficit, announces closure of operations appeared first on CryptoSlate.
Kraken to shutter operations in Japan by end of January 2023
Kraken will shut its operation in Japan and deregister with the country’s Financial Services Agency on January 31, 2023, according to a December 28 statement. The post Kraken to shutter operations in Japan by end of January 2023 appeared first on CryptoSlate.
How Solana is fixing outages, and the challenges it will tackle in 2023
For Solana (SOL), 2022 has been an especially tumultuous year. The post How Solana is fixing outages, and the challenges it will tackle in 2023 appeared first on CryptoSlate.
BTC bear market is worse than in 2014 but better than in 2018
Recent data indicate that the current bear market has fared better than in 2018 but worse than in 2014 in terms of ROI. The post BTC bear market is worse than in 2014 but better than in 2018 appeared first on CryptoSlate.
Gold bug Schiff fires back at Cuban over ‘dumb as f*ck’ comment
Euro Pacific Capital CEO Peter Schiff fired back at Mark Cuban in response to the entrepreneur’s previous comments on gold, saying he does not understand precious metal investing. The post Gold bug Schiff fires back at Cuban over ‘dumb as f*ck’ comment appeared first on CryptoSlate.
ProtonMail creator unsure whether his firm will continue to hold Bitcoin
Proton CEO and co-founder Andy Yen said that he is unsure whether his company will continue to hold Bitcoin during a Forbes interview published on December 27. The post ProtonMail creator unsure whether his firm will continue to hold Bitcoin appeared first on CryptoSlate.
U.S. officials arrest and charge Mango attacker
United States officials have filed criminal charges against Avraham Eisenberg, who exploited the DeFi platform Mango Markets earlier this year. The post U.S. officials arrest and charge Mango attacker appeared first on CryptoSlate.
“Running Bitcoin” half marathon will commemorate Hal Finney
Fran Finney, the widow of early Bitcoin contributor Hal Finney, announced a charity half marathon in honor of her husband via Twitter on December 27. The post “Running Bitcoin” half marathon will commemorate Hal Finney appeared first on CryptoSlate.
US to investigate $372 million stolen in FTX exploit post bankruptcy
Hours after defunct crypto exchange FTX and hedge fund Alameda Research filed for bankruptcy on November 11, large amounts of funds were moved out of the exchange. The post US to investigate $372 million stolen in FTX exploit post bankruptcy appeared first on CryptoSlate.
FTX ex-CEO Sam Bankman-Fried’s criminal case assigned to Bill Clinton-appointed judge, Lewis Kaplan
US District Judge Lewis Kaplan from Manhattan has been assigned to hear the criminal case against FTX co-founder Sam Bankman-Fried (SBF) following the recusal of the previous judge Ronnie Abrams. The post FTX ex-CEO Sam Bankman-Fried’s criminal case assigned to Bill Clinton-appointed judge, Lewis Kaplan appeared first on CryptoSlate.
Research: The Antminer profitability crisis
Bitcoin’s fall from its all-time high to a low of $15,700 has been one of the most dominating narratives this year. The post Research: The Antminer profitability crisis appeared first on CryptoSlate.
Bitcoin volatility index hits historic all-time low
According to TradingView data analyzed by CryptoSlate, Bitcoin (BTC) volatility index fell to its all-time lowest on December 27. The post Bitcoin volatility index hits historic all-time low appeared first on CryptoSlate.
Less than 0.5% Nigerians have used the country’s CBDC e-Naira a year after its launch
Nigeria’s Central Bank Digital Currency (CBDC) e-Naira is failing because of low adoption rates while the government is trying to drive adoption higher, Bloomberg News reported. The post Less than 0.5% Nigerians have used the country’s CBDC e-Naira a year after its launch appeared first on CryptoSlate.
Argo blockchain to suspend trading on NASDAQ for 24 hours
Bitcoin mining firm Argo blockchain has requested to suspend the trading of its US shares on NASDAQ, effective December 27. The post Argo blockchain to suspend trading on NASDAQ for 24 hours appeared first on CryptoSlate.
Terra Classic regains $1B market cap following Boxing Day surge
Terra Classic (LUNC) surged over Boxing Day, triggering a market cap spike above $1 billion. The post Terra Classic regains $1B market cap following Boxing Day surge appeared first on CryptoSlate.
Ethereum L2 language Cairo’s TVL surpasses Solana’s Rust
Programming language compiler Cairo is now the third largest smart contract language by total value locked (TVL), according to DeFiLlama data. The post Ethereum L2 language Cairo’s TVL surpasses Solana’s Rust appeared first on CryptoSlate.
The bullish case for Bitcoin as 2022 comes to an end
The price of (BTC) saw drastic falls throughout 2022 and is trading at $16,877.39 as of press time — down more than 66% from its all-time high price of over $68,000 in November 2021. The post The bullish case for Bitcoin as 2022 comes to an end appeared first on CryptoSlate.
Looking back on the year with Polygon: Increase in transactions, new collaborations, and more
Despite the troubles that came with 2022 for the crypto space, Polygon enjoyed steady growth in many sectors, with record numbers of transactions and new collaborations. The post Looking back on the year with Polygon: Increase in transactions, new collaborations, and more appeared first on CryptoSlate.
450K BTC moved to cold storage in 2022
Glassnode data analyzed by CryptoSlate shows that 450,000 Bitcoin (BTC) held on an exchange or a hot wallet before 2022 have been moved to cold storage throughout the year. The post 450K BTC moved to cold storage in 2022 appeared first on CryptoSlate.
Vauld says Nexo acquisition has broken down
Acquisition talks between Vauld and its potential buyer, Nexo, have broken down, according to a report published by Bloomberg on December 26. The post Vauld says Nexo acquisition has broken down appeared first on CryptoSlate.
Palau reportedly partners with Ripple to launch national stablecoin
Island country Palau partnered with crypto technology company Ripple to develop a national stablecoin for the country, as reported by Wu Blockchain. The post Palau reportedly partners with Ripple to launch national stablecoin appeared first on CryptoSlate.
Defrost finance says it has recovered lost funds worth $12 million from hacker
Decentralized leverage trading platform on Avalanche, Defrost finance reported that all the funds lost due to an exploit on its platform on December 23 were returned on December 26 after claims of a possible rug pull. The post Defrost finance says it has recovered lost funds worth $12 million from hacker appeared first on CryptoSlate.
Japan to lift ban on foreign-issued stablecoins in 2023
Japan’s Financial Service Agency (FSA) will lift the ban on the local distribution of foreign stablecoins like USD Coin (USDC) in 2023, Nikkei reported on December 26. The post Japan to lift ban on foreign-issued stablecoins in 2023 appeared first on CryptoSlate.
BIT Mining subsidiary loses $3M to cyberattack
Crypto mining firm BIT Mining said its subsidiary BTC dot com lost $3 million worth of digital assets to a cyberattack on December 3, according to a December 26 statement. The post BIT Mining subsidiary loses $3M to cyberattack appeared first on CryptoSlate.
Cryptocurrencies are outpacing inflation – but traditional assets are not
Aside from bringing the world to a standstill, the 2020 pandemic brought on the largest fiscal stimulus program ever seen. The post Cryptocurrencies are outpacing inflation – but traditional assets are not appeared first on CryptoSlate.
Hackers steal $8M from BitKeep users by spoofing wallet app
Blockchain security firm Peckshield reported that roughly $8 million of BitKeep users’ funds were stolen via a hacked APK version of the crypto wallet. The post Hackers steal $8M from BitKeep users by spoofing wallet app appeared first on CryptoSlate.
Chess to make headway into Web 3.0 as FIDE partners with Avalanche
The International Chess Federation, popularly known by its French acronym FIDE, has struck a partnership with Avalanche to introduce chess into the sphere of Web 3, Avalanche announced on December 23. The post Chess to make headway into Web 3.0 as FIDE partners with Avalanche appeared first on CryptoSlate.
BTC block time reaches yearly high as mining hash rate plunges amid arctic blast
The arctic blast in the US has already claimed at least 22 lives and temperatures could dip dangerously below freezing levels. The post BTC block time reaches yearly high as mining hash rate plunges amid arctic blast appeared first on CryptoSlate.
Net worth of CZ fell 93% while 10 crypto moguls lost billionaire status in 9 months: Report
For the crypto world, 2022 has been a tumultuous and eventful year with multiple high-profile bankruptcies, record-high scams, and frauds. The post Net worth of CZ fell 93% while 10 crypto moguls lost billionaire status in 9 months: Report appeared first on CryptoSlate.
Iceberg + Spark + Trino: a modern open source data stack for blockchain
1.The challenge for modern blockchain data stack There are several challenges that a modern blockchain indexing startup may face, including: Massive amounts of data. The post Iceberg + Spark + Trino: a modern open source data stack for blockchain appeared first on CryptoSlate.
Amid the arctic blast, Texas miners voluntarily shut down or curtail operations
Bitcoin miners are again showcasing how they can play an essential role in the energy infrastructure as miners shut down or limit production to support the ecosystem in Texas. The post Amid the arctic blast, Texas miners voluntarily shut down or curtail operations appeared first on CryptoSlate.
Research: What does retail investors aggressive Bitcoin purchase mean for the market?
Bitcoin (BTC) whales have been selling their assets aggressively while retail investors have been accumulating the coins simultaneously throughout 2022. The post Research: What does retail investors aggressive Bitcoin purchase mean for the market? appeared first on CryptoSlate.
Fantom growth in high ‘triple digits’ despite crypto winter
On December 24, Andre Cronje, who rejoined the Fantom Foundation as an architect in November, posted a performance review of (FTM) in 2022. The post Fantom growth in high ‘triple digits’ despite crypto winter appeared first on CryptoSlate.
SBF criminal trial judge recused as husband’s firm advised FTX
Federal Judge Ronnie Abrams, who was assigned to oversee the high-profile criminal trial of former FTX CEO Sam Bankman-Fried (SBF), recused herself from the case on December 23. The post SBF criminal trial judge recused as husband’s firm advised FTX appeared first on CryptoSlate.
Public BTC mining companies face $4B in liabilities, Core Scientific leads the pack
Public Bitcoin (BTC) mining companies collectively have liabilities that amass to over $4 billion, according to Hashrate Index Owing the most in liabilities, Core Scientific debt sat at approximately $1.3 billion on September 30, according to a company statement. The post Public BTC mining companies face $4B in liabilities, Core Scientific leads the pack appeared first on CryptoSlate.
Caroline Ellison admits to concealing billions of dollars of FTX loans
FTX associate Caroline Ellison admitted during her plea deal that she concealed billions of dollars worth of loans, according to a Reuters report on December 23. The post Caroline Ellison admits to concealing billions of dollars of FTX loans appeared first on CryptoSlate.
DeFi platforms across blockchains hold $69.95B in TVL – 65.6% locked on Ethereum
Total Value Locked (TVL) in decentralized finance (DeFi) platforms stood at $69.95 billion, as of November 30. The post DeFi platforms across blockchains hold $69.95B in TVL – 65.6% locked on Ethereum appeared first on CryptoSlate.
Armanino defends its past FTX.US audits
A top Armanino executive defended auditing work that his company performed for FTX US during an interview published by the Financial Times on December 23. The post Armanino defends its past FTX.US audits appeared first on CryptoSlate.
Russia’s crypto mining bill could be finalized in January 2023
Russia’s cryptocurrency mining bill, which would legalize crypto mining and the sale of mined crypto, could be approved by January, according to a report by local news agency Tass on December 23. The post Russia’s crypto mining bill could be finalized in January 2023 appeared first on CryptoSlate.
Bitcoin miners increased hash rate and production despite falling BTC prices in 2022
The price of Bitcoin (BTC) fell by 64.68% to $16,870 from around $47,766 at the beginning of the year, CryptoSlate data shows. The post Bitcoin miners increased hash rate and production despite falling BTC prices in 2022 appeared first on CryptoSlate.
Binance trading volume falls to its lowest since October 2020
Daily crypto trading volume on Binance sunk to $9.39 billion on December 23, its lowest since October 2020, according to data from Nomics. The post Binance trading volume falls to its lowest since October 2020 appeared first on CryptoSlate.
Bitcoin closes year with 26th largest market cap globally
Bitcoin (BTC) heads into the Christmas period with the 26th largest market cap at $324.68 billion, just below Mastercard with $328.35 billion. The post Bitcoin closes year with 26th largest market cap globally appeared first on CryptoSlate.
Is Coinbase stock undervalued? Analysts divided
With the crypto industry struggling through a record bear market situation, one asset that has polarized analysts is Coinbase stock which has fallen to new lows. The post Is Coinbase stock undervalued? Analysts divided appeared first on CryptoSlate.
USDN to become WINDX – a multi-collateralized soft-pegged asset
On the Waves Tech weekly community AMA on December 23, Waves CEO Sashi Ivanov revealed the USDN revival plan, involving turning USDN into a multi-collateralized asset, a soft-pegged asset — WINDX. The post USDN to become WINDX – a multi-collateralized soft-pegged asset appeared first on CryptoSlate.
Bitcoin balances on exchanges are shrinking and Binance is no exception
The collapse of FTX left a gaping hole in the crypto market. The post Bitcoin balances on exchanges are shrinking and Binance is no exception appeared first on CryptoSlate.
General counsel Berkovitz who ‘wined & dined’ SBF to leave SEC in Jan
The US SEC general counsel Dan Berkovitz will leave his role by January 31, according to a December 22 statement. The post General counsel Berkovitz who ‘wined & dined’ SBF to leave SEC in Jan appeared first on CryptoSlate.
Two suspects arrested in Hong Kong for AAX fraud
Local sources reported that two men who were involved with the AAX investigation were arrested in Hong Kong on December 23. The post Two suspects arrested in Hong Kong for AAX fraud appeared first on CryptoSlate.
CryptoSlate Daily wMarket Update: Dogecoin leads the top 10 for second consecutive day
Over the last 24 hours, the cryptocurrency market cap saw net inflows of $1.51 billion and currently stands at $812.93 billion — up 0.18%. The post CryptoSlate Daily wMarket Update: Dogecoin leads the top 10 for second consecutive day appeared first on CryptoSlate.
Craig Wright vs Hodlonaut trial goes scheduled for round 2
Crypto influencer Hodlonaut announced that the Norwegian court had accepted Craig Steven Wright’s (CSW) appeal calling for a new trial. The new trial will be a complete rehearing, not just a re-visit of the final decision. The post Craig Wright vs Hodlonaut trial goes scheduled for round 2 appeared first on CryptoSlate.
Proximity Labs develops first non-Ethereum blockchain solution compatible with Metamask
Proximity Labs has developed the first non-Ethereum Virtual Machine (EVM) blockchain solution compatible with Metamask — a popular Ethereum wallet. The post Proximity Labs develops first non-Ethereum blockchain solution compatible with Metamask appeared first on CryptoSlate.
Bitcoin, gold rise 3% following FTX’s crash while Ethereum, USD, others crash
Bitcoin’s (BTC) value has risen by roughly 3% since FTX filed for bankruptcy on November 11, according to CryptoSlate data. The post Bitcoin, gold rise 3% following FTX’s crash while Ethereum, USD, others crash appeared first on CryptoSlate.
Alameda, Do Kwon-backed hedge fund breaks silence to announce rebranding
Alameda Research and Terra’s Do Kwon-backed crypto hedge fund Pangea Fund Management is rebranding to Syncracy Capital after seven months of silence. The post Alameda, Do Kwon-backed hedge fund breaks silence to announce rebranding appeared first on CryptoSlate.
Adoption grows as more than $7T settled with stablecoins in 2022
The ongoing bear market did little to curb the rising use of stablecoins. The post Adoption grows as more than $7T settled with stablecoins in 2022 appeared first on CryptoSlate.
Long BTC liquidations dominated majority of 2022
Long Bitcoin (BTC) positions were much more dominant in 2022 than short ones, according to CryptoSlate’s analysis of glassnode data. The post Long BTC liquidations dominated majority of 2022 appeared first on CryptoSlate.
OKX publishes second Proof-of-Reserves update, commits to report monthly
Leading crypto exchange OKX has published the second update of its proof-of-reserves (PoR), with a promise to update on a monthly basis. The post OKX publishes second Proof-of-Reserves update, commits to report monthly appeared first on CryptoSlate.
FTX attempts to maintain ownership of Robinhood shares in court
FTX and Alameda Research are attempting to secure ownership of Robinhood stock worth over $440 million, based on a court filing dated December 22. The post FTX attempts to maintain ownership of Robinhood shares in court appeared first on CryptoSlate.
SBF slapped with $250M bail bond; FTX co-conspirators take plea deal; SEC declares FTT a security -CryptoSlate Wrapped Daily
The biggest news in the cryptoverse for December 22 is dominated by FTX news as SBF lands in the US and is granted bail pursuant to house arrest, Caroline Ellison takes plea deal to avoid jail, Tornado Cash could be back and more in this CryptoSlate Wrapped Daily. The post SBF slapped with $250M bail bond; FTX co-conspirators take plea deal; SEC declares FTT a security -CryptoSlate Wrapped Daily appeared first on CryptoSlate.
OpenCBDC to process 1.84M transactions per second as Boston Fed, MIT collab is complete
The Federal Reserve Bank of Boston and MIT announced on December 22 that their CBDC research effort, Project Hamilton, is now complete. The post OpenCBDC to process 1.84M transactions per second as Boston Fed, MIT collab is complete appeared first on CryptoSlate.