Author: e_cash_top
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CoinStats introduces Chain Activity for comprehensive wallet insights for airdrop farmers
[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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UK National Crime Agency forms specialized cryptocurrency team with new hires
[ad_1] The United Kingdom’s National Crime Agency seeks to employ six crypto investigators as part of a new project that will form a specialized digital assets team. “The role will be dedicated to a proactive cryptocurrency remit with the right tools and capabilities to target UK-based subjects along with supporting colleagues with specialist advice and…
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USDC’s circulating supply falls below 25 billion after Circle curbs minting services for retail customers
[ad_1] USD Coin, the second-largest stablecoin, has seen its circulating supply decline below 25 billion for the first since 2021 after its issuer, Circle, curbed minting services for retail users. “In September 2021, we sunset a customer app and are now offboarding those legacy, individual consumer accounts,” Circle said in an Oct. 31 statement shared…
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PayPal receives SEC subpoena regarding its $156M market cap PYUSD stablecoin
[ad_1] PayPal has disclosed it received a subpoena from the Securities and Exchange Commission (SEC) tied to its U.S. dollar stablecoin, PYUSD, marking yet another milestone at the intersection of traditional finance and digital currencies, according to reports. As Reuters reported, this significant development follows PayPal’s pioneering move in August, when the tech giant became the…
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Solana SOL token value grows by more than 330% YTD to 14-month high
[ad_1] Solana’s SOL token is the best-performing top 20 digital asset by market capitalization in the last 24 hours, according to CryptoSlate’s data. SOL’s price climbed to a 14-month high of $46 during the reporting hours before retracing to its current levels of $43.5904 as of press time, per CryptoSlate’s data. This price movement continues…
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Bitcoin surges to new yearly high of $35,950, causing over $100M in short liquidations
[ad_1] Quick Take Bitcoin has achieved a new milestone, fortifying a support level at $35,000 and hitting fresh year-to-date highs last night on Nov. 1. In the past 24 hours, per data from Coinglass, a staggering 60,851 traders have faced liquidations, leading to a cumulative loss of approximately $160 million. A deeper dive into the…
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PayPal registered to offer crypto services in the UK, with restrictions
[ad_1] Payment giant PayPal has successfully registered with the United Kingdom’s Financial Conduct Authority (FCA) to offer crypto services in the country, according to the regulator’s website. The registration, effective Oct. 31, allows PayPal to undertake certain crypto asset activities with the FCA’s permission. Registered, but restricted Despite PayPal’s registration, the payment processor still faces…
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Bitcoin remains above $34,000 as Fed keeps rates steady
[ad_1] Quick Take In accordance with market expectations, the Federal Reserve maintained a steady stance in its recent meeting, holding the federal funds rate constant between 5.25 and 5.50. A significant takeaway from this meeting is the indication of the monetary policy’s direction for the near future. With one more Fed meeting scheduled for 2023,…
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SBF Trial Day 16 — Both sides enter closing arguments as jury prepares to deliberate
[ad_1] The Sam Bankman-Fried (SBF) trial reached a head on Nov. 1, with both sides presenting their closing arguments to the jury before it deliberates on a verdict. The prosecution’s closing argument revolved around painting Bankman-Fried as a serial liar driven by greed and who intentionally took customer deposits on fraudulent terms and spent them.…
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MicroStrategy bought $167M worth of Bitcoin in Q3 2023, holds over $4B total
[ad_1] Steadfast Bitcoin investor MicroStrategy announced that it purchased another batch of Bitcoin in its Q3 2023 earnings report on Nov. 1. Andrew Kang, Chief Financial Officer (CFO) at MicroStrategy, said: “We further increased our total bitcoin holdings to 158,400 bitcoins, adding 6,067 bitcoins since the end of the second quarter. Our commitment to acquire…