Author: e_cash_top
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Bitcoin options market expands, overtakes futures open interest
[ad_1] Quick Take A remarkable shift is afoot in the Bitcoin options and futures markets. For the first time since March, options open interest overtook futures open interest, showcasing an intriguing dynamic in the Bitcoin trading arena. Although this trend briefly reversed, the options market has seen robust expansion since July, while the futures market…
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WalletConnect restricts service in Russia following OFAC guidance
[ad_1] Web3 communication protocol WalletConnect has restricted Russian users from using its service following recent sanctions by the U.S. Office of Foreign Assets Control (OFAC). “In light of the latest legal and OFAC guidance, WalletConnect has restricted the availability of the WalletConnect Protocol in Russia. Certain regions of Ukraine were temporarily impacted; service has since…
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Invesco and Galaxy spot Bitcoin ETF ticker seen on DTCC list
[ad_1] Invesco and Galaxy’s spot Bitcoin (BTC) exchange-traded fund (ETF) ticker BTCO has appeared on the website of the U.S. Depository Trust and Clearing Corporation (DTCC). While it was unclear when the listing occurred, Web archive records suggest it happened after Oct. 25. This means Invesco Galaxy’s BTCO joins BlackRock’s IBTC, which also recently appeared on…
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Frax Finance regains control over domains after potential security breach, investigation underway
[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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Financial Conduct Authority warns UK investors not to engage with Bitfinex
[ad_1] The UK’s Financial Conduct Authority (FCA) has issued a warning to investors concerning Bitfinex, which it states may be promoting financial services or products without the regulator’s authorization. The regulator said in the warning: “[Bitfinex] may be promoting financial services or products without our permission. You should avoid dealing with this firm.” The FCA’s…
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Correlation observed between PBoC liquidity injections and price of Bitcoin
[ad_1] Quick Take The People’s Bank of China’s (PBoC) continued liquidity injections into the market have been observed to coincide with significant movements in Bitcoin’s price. For instance, analyst Alessio Urban noted on Oct. 24 that as the PBoC’s liquidity injections surged, Bitcoin simultaneously broke above the $30,000 mark. A similar pattern was noted earlier this…
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SBF Trial Day 15 – SBF pleads not guilty to all charges as defense rests its case
[ad_1] Day 15 of the Sam Bankman-Fried (SBF) trial began with the prosecution continuing its cross-examination of the defendant and concluded with the defense resting its case and preparing for closing arguments. The day’s proceedings revolved around scrutinizing SBF’s relationship with the Bahamian government, handling customer funds, and transparency issues. The defense conducted a re-direct…
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Microsoft, Siemens announce AI copilot for industrial automation
[ad_1] On Oct 31, Microsoft announced an AI-powered assistant for industrial enterprises developed in partnership with Siemens. Called the Siemens Industrial Copilot, it is designed to bolster human-machine collaboration and productivity in manufacturing. The tool will enable users to rapidly generate, optimize, and debug complex automation code, effectively transforming a task that previously might have…
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SEC missed a step with its crypto safeguarding rule, U.S. government watchdog says
[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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Sam Bankman-Fried claims to have overlooked $8B ‘bug’ in last day of testimony
[ad_1] Former FTX CEO Sam Bankman-Fried has concluded the testimony and cross-examination portion of his ongoing criminal case, Bloomberg reported on Oct. 31. Bankman-Fried acknowledged the existence of an $8 billion hidden debt within Alameda Research, which came to light after a bug was fixed in an account known as fiat@. Despite his claims of…