Author: e_cash_top
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Crypto scams in 2024: A turn for the better or calm before the storm?
[ad_1] In January 2024 alone, cryptocurrency projects lost $127 million due to hacking and fraud – six times more than in January 2023 and three times more than last December. In the meantime, losses in the crypto industry from breaches in 2023 decreased by more than half compared to 2022. Should we expect this decline…
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Why governments should regulate stablecoins instead of developing CBDCs
[ad_1] The post Why governments should regulate stablecoins instead of developing CBDCs appeared first on CryptoSlate. [ad_2] Source link
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Super Bowl won’t feature crypto ads in 2024, but two AI ads are planned
[ad_1] This year’s Super Bowl will most likely exclude cryptocurrency-related advertisements, CNN reported on Feb. 2. Paul Hardart, a clinical professor of marketing for New York University’s Stern School of Business, said audiences will likely see a “notable shift away” from tech-related advertisements, especially those featuring crypto and AI. Hardart said in a statement to…
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Bitcoin mining difficulty hits new ATH after record 7.3% spike
[ad_1] Bitcoin mining difficulty has surged to a new all-time high, reaching 75.50T at block height 828,576 on Feb. 2, less than a month after its previous record-setting increase on Jan. 6. Mining difficulty saw a significant increase of 7.33%, the highest this year, marking the most difficult period to mine Bitcoin in its history.…
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Spot Bitcoin ETFs rank among largest commodity ETFs by assets held
[ad_1] Several recently launched spot Bitcoin ETFs now rank alongside the largest commodity ETFs in terms of assets under management (AUM). Combining VettaETF’s list of commodity ETFs with its list of blockchain ETFs produces the following results: Rank Ticker Name AUM (in millions of dollars) 1 GLD SPDR Gold Shares 56,206.8 2 IAU iShares Gold…
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Nasdaq adds BlackRock’s iShares spot Bitcoin ETF to its listings
[ad_1] The major stock exchange Nasdaq announced on Feb. 2 that it has listed BlackRock’s iShares Bitcoin Trust (IBIT). Nasdaq said that BlackRock’s spot Bitcoin ETF is now trading on its platform while an executive endorsed the fund’s various features. Kevin Kennedy, Nasdaq’s VP of of North American Markets, said: “Through the ETF wrapper, investors…
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Genesis agrees to settle SEC lawsuit for $21 million
[ad_1] Genesis Global and its affiliated entities have settled with the Securities and Exchange Commission (SEC), agreeing to a $21 million penalty to resolve claims over the unregistered sale and offer of securities, according to a court filing. The settlement, filed on Jan. 31 in the U.S. Bankruptcy Court for the Southern District of New York.,…
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CoinStats introduces AI-driven Exit Strategy feature to maximize crypto profits
[ad_1] Crypto portfolio app CoinStats has unveiled an innovative artificial intelligence (AI)-powered Exit Strategy feature on its platform, empowering traders to optimize their profits effectively, according to a Feb. 2 statement shared with CryptoSlate. The feature would allow crypto investors to strategically determine the optimal selling price for their cryptocurrency assets within their wallets. The…
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Short-term trading volume peaks as Bitcoin crosses $43,000
[ad_1] The short-to-long-term realized value (SLRV) ratio is an often-overlooked metric that provides nuanced insights into investor sentiment. The ratio compares the percentage of Bitcoin that was last moved within a short timeframe (24 hours) against the percentage moved in a longer timeframe (6-12 months) to show whether the market leans more towards hodling or…
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Tether CEO bashes JPMorgan’s ‘hypocrisy’ amid stablecoin dominance concerns
[ad_1] Tether CEO Paolo Ardoino slammed Wall Street giant JPMorgan’s “hypocrisy” to raise concerns about the stablecoin issuer’s dominant position in the cryptocurrency market while being the “biggest bank in the world.” In a Feb. 2 statement sent to CryptoSlate, Ardoino stated that Tether’s market dominance has proven crucial for the emerging industry despite the…