Author: e_cash_top
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El Salvador’s first volcano-powered Bitcoin mining project goes live
[ad_1] El Salvador marks the launch of Lava Pool today, the country’s first Bitcoin mining pool powered by renewable geothermal energy. T he venture, a collaboration between energy company Volcano Energy and tech corporation Luxor Technology, is the country’s first attempt to harness the abundance of renewable geothermal energy for crypto mining. According to the…
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Bitcoin’s regional dynamics: Asia bullish, U.S. and E.U. in distribution mode
[ad_1] Understanding regional market data is becoming increasingly important when analyzing the Bitcoin market. Bitcoin’s global nature means trading activity in one region can significantly influence worldwide price movements. By analyzing where this activity is most concentrated, we can gain insights into which regions exert the most influence on Bitcoin’s price. Glassnode offers estimates for…
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Solana DeFi ecosystem rallies amid strong headwinds
[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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Grounded private jets worth combined $70M may be forfeit in Bankman-Fried trial
[ad_1] Federal prosecutors filed a forfeiture bill of particulars on Oct. 5 specifying assets subject to forfeiture in the criminal case against cryptocurrency executive Samuel Bankman-Fried. The filing in New York federal court listed two private jets prosecutors say are subject to forfeiture — a Bombardier Global 5000 and an Embraer Legacy. Prosecutors said the…
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Friend.Tech bolsters security as more users report SIM-swap attacks
[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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Cypherpunk Jameson Lopp sees need for machine learning to improve Bitcoin hashrate estimates
[ad_1] Bitcoin’s global network hashrate may seem like an objective metric, but researcher and Cypherpunk Jameson Lopp reveals measuring it precisely is deceptively tricky. In a recent Proof of Work (POW) Summit talk in Prague, Lopp described his “hunt for the real Bitcoin hashrate” by evaluating the accuracy of various estimation algorithms. As Lopp explained,…
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CommEx to onboard 1 million Russian customers from Binance amid increased competition
[ad_1] CommEX, the company that acquired Binance’s Russian operations, anticipates approximately a million customers to transition to its platform, Russian media Kommersant reported Wednesday, Oct. 4. However, not all of Binance’s Russian customers will likely migrate to CommEx. According to Dmitry Stepanin, CEO of Satoshkin, pointed out to Kommersant that crypto traders primarily turned to…
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FTX exploiter converts another $25M worth of ETH to BTC, total up to $100M
[ad_1] The FTX exploiter converted another $25 million worth of stolen Ethereum (ETH) to Bitcoin (BTC) on Oct. 4 over two transactions amounting to 5,625 ETH and 9,375 ETH, respectively, based on Spot On Chain’s data. The transactions occurred with a gap of roughly eight hours, with the tokens converted to BTC through THORChain Router…
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BIS launches ‘Project Atlas’ to monitor and collect DeFi data
[ad_1] The Bank for International Settlements (BIS), in partnership with central banks within the Eurosystem, has announced the launch of Project Atlas, a proof of concept aimed at exploring the economic impact of crypto assets and decentralized finance. Project Atlas, a combined effort of the BIS Innovation Hub Eurosystem Centre, De Nederlandsche Bank, and the…
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SBF Trial Day 2 – Prosecution’s opening statement paints SBF as a fraud mastermind, Defense claims complete innocence
[ad_1] The second day of Sam Bankman-Fried trial began with the continuation of the jury selection process, which was concluded within a few hours — allowing the trial to start in full with both the prosecution and the defense presenting their opening arguments. The Department of Justice (DOJ) presented strong allegations against the FTX founder.…