Author: e_cash_top
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Marathon Digital confirms it mined invalid Bitcoin block
[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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Biden administration rumored to be working on executive order requiring disclosure of outsized power consumption
[ad_1] An executive order from the Biden administration could compel cloud computing companies to report excess power usage to the U.S. government, Semafor reported on Sept. 27. Based on statements from anonymous sources, the expected order will require cloud computing companies like Microsoft, Google, and Amazon to disclose when a customer rents a certain amount…
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NiceHash becomes latest crypto firm to leave U.K.
[ad_1] The cloud mining platform NiceHash said that it will end U.K. access to its services in a statement emailed to users around Sept. 27. The company said that it will no longer provide services to users residing in the United Kingdom starting on Oct. 10, 2023. Individuals residing in the U.K. will not be…
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Terraform Labs’ defense team says extraditing Do Kwon to the U.S. for SEC testimony is ‘impossible’
[ad_1] The legal defense for Terraform Labs submitted a court filing that aims to show that its former CEO, Do Kwon, cannot be extradited to the United States. In a Sept. 27 filing, the defense’s legal team noted that the U.S. Securities and Exchange Commission (SEC) intends to depose Kwon to the U.S. prior to…
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Kraken to launch stock trading services for U.S. and U.K. markets: Report
[ad_1] U.S.-based crypto exchange Kraken plans to offer trading in US-listed stocks and exchange-traded funds, according to a source familiar with the matter as cited by Bloomberg. The initiative will be spearheaded by a newly established division, Kraken Securities. According to the reporting, Kraken has already obtained necessary regulatory permits in the U.K., and is…
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2024 Bitcoin halving may trigger bullish sentiment as demand outstrips supply
[ad_1] Quick Take The forthcoming Bitcoin halving event, tentatively slated for Q2 2024, has been generating significant interest, particularly considering the current monthly issuance of Bitcoin at 27,000 BTC. When studying various cohorts (Shrimps, Whales, Super Whales, exchanges, and miners), an overwhelming absorption of this issuance becomes apparent. Over the past 30 days, the total…
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Economic uncertainty sparks concerns over the future of generational wealth
[ad_1] Quick Take As a looming recession and potential stagflationary environment draw nearer, CryptoSlate’s analysis reveals the deepening wealth generational divide. Particularly, the baby boomers and the silent generation hold the majority of the assets. We are now witnessing this divide starting to shrink as the repercussions of high-interest rates start to take the fold.…
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Sam Bankman-Fried’s lawyers request their client be allowed to wear ‘business attire’ at trial
[ad_1] Sam Bankman-Fried‘s lawyers have moved to dress him in “business attires” for his defense scheduled to start on Oct. 3. In a Sept. 26 letter to Judge Lewis A. Kaplan, the lawyers requested that the Court order the U.S. authorities to allow Bankman-Fried to be dressed in business attire while he is in Courtroom…
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Mixin network DeFi TVL plunges by $200M after offering attacker $20M bounty
[ad_1] The total value of assets locked on Mixin Network sharply declined by more than $200 million two days after the protocol revealed it suffered a breach, according to DeFillama data. Per the data aggregator dashboard, the decline fell to $150.68 million on Sept. 27 from $351.47 million recorded on Sept. 26. Source: DeFillama On…
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How Bitcoin’s liveliness and vaultedness show the switch to hodling
[ad_1] Liveliness and Vaultedness are pivotal metrics in understanding the changes in the Bitcoin network. At their core, these metrics revolve around the concept of ‘coinblocks’. A recently introduced metric from Glassnode, coinblocks represent a specific quantity of Bitcoin associated with a particular time duration since its last movement or transaction. In simpler terms, it’s…