Author: e_cash_top
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Solana suffers $3 million ETP outflows post-outage as Bitcoin responsible for 95% of inflows
[ad_1] Solana’s recent outage appears to be weighing heavily on investors’ minds, with crypto investment products related to the blockchain network seeing outflows of $3 million during the past week. CoinShares’ latest weekly report showed the network as the only major digital asset that recorded negative flows for the duration, blaming it on how “recent…
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Ethereum and Bitcoin futures open interest near record highs in notional value
[ad_1] What is CryptoSlate Alpha? A web3 membership designed to empower you with cutting-edge insights and knowledge. Learn more › Connected to Alpha Welcome! 👋 You are connected to CryptoSlate Alpha. To manage your wallet connection, click the button below. Oops…you must lock a minimum of 20,000 ACS If you don’t have enough, buy ACS…
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Uniswap fee reward mechanism proposal boosts its earnings beyond Bitcoin
[ad_1] Uniswap has outpaced Bitcoin in fees paid by crypto traders for over a week, with the DEX surpassing Bitcoin on Feb. 14 According to data from Cryptofees, Uniswap raked in around $1.9 million in fees on Feb. 25, surpassing Bitcoin’s $1.2 million on the same day. This trend has persisted since mid-month, with Uniswap…
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BitForex alleged $2.5 billion volume flatlines as exchange abruptly goes offline
[ad_1] Hong Kong-based crypto exchange BitForex appears to have gone entirely dark following the suspension of its website and trading application on Feb 23. Users have been unable to initiate withdrawals or access the exchange for several days, which boasted over $2 billion in trading volume as recently as Feb 24. Data from CoinGecko shows…
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Hackers exploit MicroStrategy social media to orchestrate $440,000 phishing heist
[ad_1] MicroStrategy’s official X (formerly Twitter) account was hacked and used to promote a fake airdrop of an Ethereum-based MSTR token during the early hours of today, Feb. 26. Blockchain security firm PeckShield quickly warned that the offending post contained a phishing link that redirected to a copycat website of the Bitcoin-holding company. The malicious…
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GBTC records smallest outflow of $44 million since spot ETF conversion
[ad_1] Quick Take Bitcoin ETFs in the US have been an incredible success since their introduction on Jan. 11, as reported by CryptoSlate. In a notable development reported by BitMEX, the sector witnessed a strong inflow of $232 million on Feb. 23. BitMEX data reveals the BlackRock IBIT ETF as the primary driver behind this…
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New AI and hardware may crack the code on lost crypto
[ad_1] The following is a guest post from Robert Rhodin, the CEO of KeychainX. As the crypto market’s capitalization has grown, the diversity and complexity of assets also increase. This growth, supported by advanced technology and innovations, also increases the number of lost or inaccessible assets. It is estimated that hundreds of billions of dollars…
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The economic implications of the Fed’s reverse repo (RRP) facility
[ad_1] The post The economic implications of the Fed’s reverse repo (RRP) facility appeared first on CryptoSlate. [ad_2] Source link
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Cosmos co-founder says GovGen will show how governance can be used in blockchain development
[ad_1] In November 2023, the Cosmos Hub community approved the contentious proposal 848, which reduced the maximum inflation rate of the native token ATOM to 10% from 20%. At the time, ATOM’s actual inflation rate stood at 14%. The proposal was expected to fall through. However, just before the deadline, there was a surge of…
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Bitcoin network congestion eases as mempool clears in February
[ad_1] Bitcoin’s mempool is a holding area for transactions broadcast to the network but not yet included in a block. Analyzing the mempool provides insight into network congestion, transaction demand, and fee trends, offering a unique vantage point on the state of the Bitcoin ecosystem. During the final months of 2023 and the early weeks…