Author: e_cash_top

[ad_1] Quick Take The bond market is exhibiting significant destruction, as reflected by the current state of the U.S. 10Y note. Recently, the yield on the note surged above 4.843%, a high unseen since 2007 and just 17bps from the 5% mark. This high-yield period precedes the creation of Bitcoin by several years, illustrating just…

[ad_1] On Oct. 16, a false report published by major crypto-focused media outlet Cointelegraph sent shockwaves through the industry over its claim that the U.S. Securities and Exchange Commission (SEC) had approved BlackRock’s application for a spot Bitcoin (BTC) exchange-traded fund (ETF). In the wake of this news, BTC’s price surged to over $30,000, only…

[ad_1] Media monetization platform Mash and publishing firm TFTC have joined forces to introduce innovative publisher monetization tools powered by Bitcoin’s (BTC) Lightning Network (LN), according to an Oct. 17 statement shared with CryptoSlate. These collaborative products encompass monetization, growth, and engagement solutions for publishers. Their primary goal is to address challenges related to monetizing…

[ad_1] The Lightning Network, a second-layer (L2) solution built atop the Bitcoin blockchain, has drastically changed the way the crypto market perceives transaction speeds and costs. Designed to address the scalability issues of Bitcoin, it facilitates instant, low-cost transactions by creating off-chain payment channels. This solution ensures that not every transaction must be recorded on…

[ad_1] Bankrupt FTX might claw back 15% from customers with claims over $250,000 from the platform nine days before its bankruptcy by requiring them to reduce claims, per an Oct. 16 statement. FTX is proposing a settlement to customers who withdrew more money from their accounts than they deposited in the 9 days before FTX…

[ad_1] Uniswap Labs, the creator of the popular decentralized trading protocol Uniswap, is taking a significant step by introducing a transaction fee for the first time in its history. Uniswap’s native token, UNI, fell 2.4% ahead of the introduction of the new transaction fees, while Bitcoin rallied, causing UNI to register a 4.5% drop against…

[ad_1] The Reserve Bank of Australia (RBA) is actively considering the potential adoption of a central bank digital currency (CBDC) as a transformative step towards the future of money and financial transactions. Brad Jones, Assistant Governor (Financial System) at the RBA, said in a speech titled “A Tokenised Future for the Australian Financial System” that…

[ad_1] Art technology firm Artfi has drawn over 25,000 interested collectors with the release of its Genesis Pass Whitelist in anticipation of its official launch. Genesis Pass NFT holders will gain eligibility to acquire fractionalized art from the Artfi platform. To kick things off, Artfi’s partnership with renowned artist Sacha Jafri means users can access…

[ad_1] The third week of SBF’s trial has kicked off with the prosecution bringing former FTX engineering director Nishad Singh, another key member of the exchange’s leadership and SBF’s inner circle. Singh’s testimony comprised further explosive allegations regarding the cryptocurrency exchange’s involvement in illegal political donations, including the fact that his accounts were used without…

[ad_1] Cathie Wood, the CEO and CIO of ARK Invest, commented on pending spot Bitcoin ETF applications during a CNBC interview on Oct. 16. As ARK Invest is one of several asset managers pursuing a spot Bitcoin ETF, Wood began by describing the current state of her company’s application, stating: “It was publicized and disclosed…