Author: e_cash_top
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Bitstamp executives says exchange to partner with three ‘household name banks’ in Europe
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Dramatic slide in Bitcoin ‘small holders’ sparks market intrigue
[ad_1] Quick Take In a noticeable shift in Bitcoin ownership trends, the number of addresses holding a balance of 1 Bitcoin or less has breached the one million mark since this past summer. This development indicates a growing interest among smaller investors, potentially hinting at a broader democratization of Bitcoin ownership. Conversely, there has been…
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Bitmain suspends employee pay amid financial turmoil
[ad_1] Bitmain, a major player in the Bitcoin mining industry, has suspended employee salaries in response to financial struggle and poor progress on its mining operations. According to reports from internal employees at the company, this suspension includes both performance and basic wages, and impacts all Bitmain staff. This drastic action echoes previous struggles for…
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This San Diego bank’s client list is a who’s-who of questionable characters in crypto and beyond
[ad_1] A recent Protos report reveals a series of business relationships between San Diego-based Axos Bank and a string of characters who have found themselves subject to regulatory or prosecutorial ire. Axos Bank—the direct bank affiliate of Axos Financial, based in Las Vegas, Nevada—has maintained business relationships with a variety of individuals and entities who…
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Mining metrics suggest bullish sentiment for Bitcoin
[ad_1] Bitcoin’s hash rate represents the total computational power employed to mine and validate transactions on the network. Beyond merely representing the sheer computing prowess, the hash rate serves as a barometer for the network’s security and vitality. A robust hash rate indicates not only a high participation of miners but also underscores the network’s…
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Ethereum futures ETFs launch to tepid demand; Bitcoin and Solana remain favored investment products
[ad_1] Ethereum (ETH) investment products struggled to record notable inflow despite the recent launch of several Ether futures-based exchange-traded funds (ETF) last week. According to CoinShares’ latest weekly report, these ETFs’ attraction of a meager sum of $10 million underscores the “tepid appetite” for Ethereum among investors. It continued that when a similar futures ETF…
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Bitcoin’s exchange balance plummets to five-year low
[ad_1] Quick Take The balance of Bitcoin on exchanges has recently plummeted to a new record low for the year, with just 2.291 million BTC on exchanges. Data reveals that this figure is reminiscent of levels last observed in March 2018, marking a significant shift in the distribution of the cryptocurrency. Over the previous weekend,…
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Bitcoin market signals maturity with record divergence in long and short-term holdings
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South Korean UPbit counters 1,800% surge in hacking attempts with AI-driven security measures
[ad_1] UPbit, a prominent South Korean cryptocurrency exchange, revealed it suffered 159,061 hacking attempts during the first half of this year, according to data shared by the firm’s operator, Dunamu, with South Korean politician Rep. Park Seong-jung. The data paints a stark picture of growing risks as hacking attempts skyrocketed from 8,356 in the latter…
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HTX, KuCoin among exchanges on UK’s FCA unauthorized operators list
[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…