Author: e_cash_top
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BRC-20 developer Domo praises tokens for 6% of Bitcoin activity milestone
[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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Short-Bitcoin products gain popularity as clampdown-driven crypto outflow persists
[ad_1] Crypto investment products have seen a trend of outflows for five consecutive weeks, as $54 million exited these products in the past week, according to the latest CoinShares weekly report. This extends the total outflow over the last nine weeks to $455 million, underscoring the prevailing bearish sentiment in the market. US top outflows…
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Bearish warning as sell-side pressure persists despite Bitcoin surge – on-chain data shows
[ad_1] Bitcoin clawed its way over $27,000 on Sep. 18 after struggling to reclaim its tight summer trading range for most of the month. Although every price uptick brings a breath of optimism to the industry, on-chain data still suggests a dominant sell-side regime on the market. Buy-side and sell-side exchange inflows are critical in…
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New Google cloud sync feature implicated in $15M crypto heist at Ripple-owned Fortress Trust
[ad_1] Software development company Retool has blamed the hack of crypto custodian Fortress Trust on a recently introduced Google Account cloud synchronization feature, Hacker News reported on Sept. 18. Retool, which provides cloud services for several customers, including Fortress Trust, disclosed that all the accounts of its 27 cloud customers were compromised. The breach led…
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Bitcoin long-term holders amp up activity as LTH-SOPR metric surges
[ad_1] Quick Take A recent surge in the Long Term Holder SOPR (LTH-SOPR) metric, which specifically monitors Bitcoin outputs with a lifespan of a minimum of 155 days, provides an intriguing view into the activities of long-term Bitcoin investors. LTH-SOPR recently spiked above 2, marking this as the third most significant spend of Bitcoin by…
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Binance Charity, CZ defend $3 million crypto donation amid critique after Morocco earthquake
[ad_1] The controversial donation of $3 million in Binance Coin (BNB) by Binance Charity to victims of the recent earthquake in Morocco has sparked a debate about the role of cryptocurrencies in humanitarian aid. As reported by the Financial Times, some critics have labeled it a PR stunt, arguing that victims of such disasters need immediate…
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ELI5:50 – What is a Zk-proof and why it matters for the future of finance
[ad_1] From securing blockchain transactions to enhancing privacy, Zero-Knowledge Proofs (zk-proofs) is a transformative technology reshaping the future of finance. Let’s peel back the layers of this complex concept, from a five-year-old’s perspective to a fifty-year-old’s, and explore what it means for our emerging web3 economy. Spoiler: The words security and privacy come up a…
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Hong Kong social media star arrested for promoting controversial JPEX crypto platform
[ad_1] Hong Kong police officers have arrested crypto influencer Joseph Lam Chok for promoting the JPEX crypto platform, South China Morning Post reported on Sept. 18. Per the report, the police questioned the social media celebrity, and his company at the Entertainment building in Central was raided. JPEX is a crypto platform believed by many…
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Industry insiders challenge Voorhees ‘cryptocurrency over democracy’ stance
[ad_1] A recent keynote address by American entrepreneur and early Bitcoin adopter Erik Voorhees has ignited a debate regarding the intersection of democracy and cryptocurrency adoption. According to senior staff software engineer at Coinbase, Yuga Cohler, while engaging, Voorhees’ speech presents an overly simplistic and potentially damaging viewpoint that may impede rather than encourage the…
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Japanese crypto exchange JPEX to pause interest rewards as partners freeze funds
[ad_1] The Japan-based crypto exchange JPEX said it will pause a key feature at the start of the week in an announcement published Sept. 17. JPEX said that it will delist all Earn Trading transactions on Sept. 18. Much like other staking or earn services, this feature allowed users to deposit assets and provide liquidity…