Author: e_cash_top

[ad_1] Digital Currency Group (DCG) has filed an objection to a recent settlement agreement between its bankrupt subsidiary, Genesis, and the New York Attorney General’s Office (NYAG). The objection, submitted on Feb. 21, raises concerns about the settlement’s adherence to the Bankruptcy Code and its implications for the rights of DCG as a creditor and…

[ad_1] Social media giant Reddit has been quietly buying Bitcoin and Ethereum with some of its excess cash and holds an undisclosed amount of the two tokens in its treasury for investment purposes. The social media giant’s crypto exposure details were revealed in its initial public offering (IPO) prospectus, which was filed with the SEC…

[ad_1] Fundstrat Global Advisors co-founder Tom Lee believes Bitcoin is poised for a 200% growth over the coming months, taking its value to $150,000 per coin. Lee made the statement during an appearance on CNBC’s Squawk Box on Feb. 21, where he discussed the various factors influencing Bitcoin’s value, including the role of ETFs, the…

[ad_1] Quick Take According to Nate Geraci, President of the ETF Store, 2024 has marked a significant year for Bitcoin Exchange-Traded Funds (ETFs), particularly BlackRock IBIT and Fidelity FBTC. Geraci highlights these two Bitcoin ETFs as standing among the top 8 in terms of ETF inflows this year, a notable achievement considering the diverse ETF…

[ad_1] Singularity Network, a protocol catering to institutional investors seeking confidential access to DeFi, raised $2.2 million in its second funding round that concluded in late 2023, according to a Feb. 22 statement shared with CryptoSlate. The firm intends to use the newly acquired funds to bolster its protocol development, enhance its compliant DeFi infrastructure,…

[ad_1] South Africa announced plans to weave digital payments and crypto into its financial fabric to boost the economy for marginalized groups. The announcement was made in the country’s 2024 budget and underlines the government’s drive to build a digital economy through active collaborations between public and private sectors to enhance financial innovation. The budget…

[ad_1] Hackers stole over $6.2 million in digital assets from 22 LastPass users between Feb. 19 and 20. Blockchain investigator ZachXBT and Taylor Monahan, a developer associated with the crypto wallet MetaMask, revealed in a Feb. 21 post on social media platform X (formerly Twitter) that they meticulously tracked the movement of funds from 41…

[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…

[ad_1] European Central Bank (ECB) officials stand firm on their assessment that Bitcoin holds no inherent value, despite its recent surge beyond $50,000 propelled by the introduction of multiple exchange-traded funds (ETFs) in the United States. In a blog post dated Feb. 22, Ulrich Bindseil and Jürgen Schaaf emphasized that approving ETFs does not alter…

[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…