Author: e_cash_top
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Secret recording of all-hands Alameda meeting played in court leaks online
[ad_1] An audio recording played in court on the seventh day of the SBF trial has surfaced online, revealing former Alameda Research deputy Caroline Ellison’s disclosure to employees about the misuse of customer funds days before Alameda’s collapse. The recording, now available on SoundCloud, was posted by Insider reporter Sarah Gray on the evening of…
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Next cycle’s hypothetical $36k Bitcoin floor, exploring historical data to project future benchmarks
[ad_1] Quick Take Bitcoin’s valuation, often viewed as speculative, can be dissected more accurately through the lens of the ‘realized price‘ metric. This measure, reflecting the average cost at which all current Bitcoin holders purchased their coins, negates the impacts of volatility, thus offering a more realistic view of Bitcoin’s value over time. Historical data…
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Paradigm backs Binance in move to dismiss SEC charges
[ad_1] Crypto investment firm Paradigm filed an amicus brief to support Binance’s move to dismiss the U.S. Securities and Exchange Commission (SEC) lawsuit against it. According to an Oct. 13 court filing, the crypto investment firm interest in the matter revolves around ensuring that the SEC does not interpret the securities laws in a manner…
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Grayscale’s GBTC: Understanding its premium and market impact
[ad_1] Grayscale’s Bitcoin Trust (GBTC) has become a crucial instrument in the cryptocurrency world since its launch by Grayscale Investments. As one of the pioneers in providing a bridge between the traditional investment landscape and the nascent cryptocurrency domain, GBTC allows investors to tap into the Bitcoin market without directly buying, storing, or managing it.…
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US tightens grip on AI chip export to China amid escalating tech battle
[ad_1] The United States Government is contemplating shutting down Chinese companies’ access to American artificial intelligence (AI) chips, Reuters reported on Oct. 13. The Biden administration aims to close loopholes allowing Chinese companies to acquire American AI chips via overseas subsidiaries. Last year, the U.S. government cut ties with China on chip trading and chip-making…
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Binance Bitcoin reserves double, while proprietary stablecoin BUSD plummets in 2023
[ad_1] Quick Take Year-to-date data for 2023 reflects significant shifts in Binance’s proof of reserves, an official disclosure of the exchange’s on-chain assets. Bitcoin, buoyed by a 60% appreciation, has seen Binance reserves double from $9.4 billion in January to $17.5 billion in October. This surge has boosted Bitcoin’s share in Binance’s reserves from 27%…
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Will SEC file appeal by deadline as Grayscale Bitcoin Trust discount hits yearly low?
[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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French regulator calls out DeFi centralization as AWS gains 4% in ETH node market share
[ad_1] France’s banking and insurance regulator, the Autorité de contrôle prudentiel et de résolution (ACPR), has published a summary of its findings from a public consultation on regulating decentralized finance (DeFi.) The consultation received significant engagement from global DeFi stakeholders, providing valuable insights to inform potential regulatory approaches in Europe. According to the ACPR, the…
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Gary Gensler’s SEC threatened with forced compliance over alleged obstruction by House committee
[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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Mastercard creates tech to tokenize CBDCs on multiple blockchains
[ad_1] Mastercard announced the successful demonstration of a central bank digital currency (CBDC) technology designed to integrate CBDCs with multiple blockchain networks, according to a press release. The technology aims to facilitate the tokenization, or “wrapping,” of CBDCs onto different blockchain networks to enhance consumer convenience and transactional security. Australian CBDC pilot Mastercard’s new solution…