Author: e_cash_top
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Bitcoin owners hold tight as new UTXOs outstrip spending
[ad_1] Delving into the unique financial ecosystem of Bitcoin involves unpacking the concept of Unspent Transaction Outputs (UTXOs), a distinct characteristic that sets Bitcoin transactions apart from traditional financial transactions and offers a unique lens through which to analyze market behavior and investor sentiment. Unlike traditional financial transactions where balances are tracked, Bitcoin uses a…
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Understanding the Ledger library exploit and what it means for users
[ad_1] Earlier today, crypto hardware wallet manufacturer Ledger confirmed that its Connector library was compromised after attackers replaced a genuine version with a malicious file. Following the incident, several decentralized applications (dApps) faced potential exploits, with the attacker managing to siphon more than $500,000 from multiple wallets. In this report, CryptoSlate brings you a breakdown…
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Valkyrie amends Bitcoin ETF filing with enhanced custody, valuation rules
[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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Pope Francis advocates for ‘binding international treaty’ on AI regulation
[ad_1] Pope Francis called for an international treaty on the regulation of AI in the Vatican’s annual World Day of Peace Message on Dec. 14. The pope stated in his message: “The global scale of artificial intelligence makes it clear that … international organizations can play a decisive role in reaching multilateral agreements … I…
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Gary Gensler acknowledges SEC’s ‘new look’ at Bitcoin ETFs post-Grayscale decision
[ad_1] Gary Gensler, chair of the U.S. Securities and Exchange Commission (SEC), commented on pending spot Bitcoin ETF applications on Dec. 14. When asked by CNBC anchor Sara Eisen about the likelihood of these applications being approved, Gensler responded: “We have … between eight and a dozen [spot Bitcoin ETF] filings … And as you…
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Hacker pleads guilty to $12M Solana DeFi hacks in first smart contract fraud conviction
[ad_1] Shakeeb Ahmed, a security engineer who exploited two DeFi apps, has pleaded guilty, according to statements from authorities on Dec. 14. Damian Williams, United States Attorney for the Southern District of New York (SDNY), announced a guilty plea from the perpetrator. He stated: “Five months ago, my Office announced the first ever arrest involving…
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[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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Japan’s web3 ecosystem aims to attract 5,000 international firms
[ad_1] The Asia Web3 Alliance Japan (AWAJ) has announced a bold initiative to integrate over 5,000 web3 companies from across the globe into Japan and Asia’s rapidly evolving web3 ecosystem. The initiative, unveiled during AWAJ’s first press conference on Dec. 14, marks a significant step towards fostering international collaboration and technological advancement in the web3…
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Bitcoin on the cusp of historic 9th consecutive week of gains
[ad_1] Quick Take Bitcoin has recently recorded eight consecutive weeks of gains from Oct 16 to Dec 4, a phenomenon that has only happened six times in the past. Streak Start Date Streak End Date 2010-12-06 2011-01-24 2012-05-14 2012-07-02 2013-01-07 2013-02-25 2013-10-07 2013-11-25 2015-09-14 2015-11-02 2017-04-17 2017-06-05 2023-10-16 2023-12-04 Source: Glassnode Current figures depict a…
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DOJ targets cryptocurrency scammers in $80 million ‘pig butchering’ scheme
[ad_1] The Department of Justice (DOJ) announced the indictment of four individuals implicated in a sophisticated operation to launder millions of dollars defrauded from victims through cryptocurrency investment scams, according to a Dec. 14 press release. The defendants — Lu Zhang, Justin Walker, Joseph Wong, and Hailong Zhu — face multiple charges, including conspiracy to…