Author: e_cash_top
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Huobi rebrands to HTX, the ‘Huobi Tron Exchange’ in celebration of tenth anniversary
[ad_1] Crypto exchange Huobi rebranded to HTX to celebrate its tenth anniversary, according to a Sept. 13 statement from the platform. Part of the statement reads: “‘H’ stands for Huobi, ‘T’ represents TRON with a commitment to being all in TRON, and ‘X’ stands for the exchange. Looking at HTX through the combination of HT…
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CoinEx over $27M hack loss traced to North Korean hackers
[ad_1] The over $27 million hack of crypto exchange CoinEx was carried out by the North Korean Lazarus Group, blockchain security firm SlowMist reported on Sept. 13. The findings were corroborated by prominent on-chain sleuth ZachXBT, who posted that the group accidentally connected their address to the $41 million Stake hack on Optimism and Polygon.…
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Bitcoin stands tall as US inflation data surpasses market expectations
[ad_1] Quick Take The US Consumer Price Index (CPI) inflation data released today, Sept. 13, marked an uptick, outstripping the consensus forecast at 3.7%, a slight deviation from the predicted 3.6%. This unexpected surge in inflation underscores a potent macroeconomic environment with an escalating cost of living. In parallel, core inflation, a measure that excludes…
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Coinbase decides on Bitcoin Lightning Network integration, promising faster transactions
[ad_1] Coinbase CEO Brian Armstrong said the exchange has decided to integrate the Bitcoin (BTC) Lightning Network (LN) after several months of questioning by the crypto community. In a Sept. 13 post on X (formerly Twitter), Armstrong stated that the exchange was willing to do its part in enabling faster and cheaper Bitcoin transactions because…
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Binance US CEO Brian Shroder exits as exchange cuts one-third of workforce
[ad_1] Binance US CEO Brian Shroder has left his role at the embattled crypto exchange amid a significant workforce reduction, which saw around one-third of its employees laid off, too. A Binance US spokesperson confirmed the incident, adding that the action gives the platform more than seven years of financial runway to continue operating as…
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Telegram integrates self-custodial crypto wallet for 800 million users, TON ralllies 14%
[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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Bankrupt FTX reveals $100M weekly crypto liquidation plan in court filing
[ad_1] FTX submitted a revised order to the bankruptcy court early on Sept. 13 outlining proposed guidelines for selling and transferring its substantial digital asset holdings as part of its ongoing Chapter 11 proceedings. The revised order outlines a structured process for investment advisors to liquidate portions of FTX’s cryptocurrency stash under creditor oversight. According…
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Vitalik Buterin sim-swap hack exposes Twitter Blue account security flaw
[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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Bitcoin about to witness sixth death cross in 5 yrs
[ad_1] Quick Take As Bitcoin’s price hovers around $26,000, technical indicators suggest a death cross is imminent, a situation defined by the 50-day moving average (DMA) falling below the 200 DMA. Currently, the 50dma is around $27,625, strikingly close to the 200dma at $27,618. This impending event is a signal of weakening price momentum, often…
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Elizabeth Warren criticizes upcoming closed-door AI summit between senators, tech leaders
[ad_1] Senator Elizabeth Warren criticized a series of upcoming meetings with AI industry leaders in a conversation with NBC on Sept. 12. There, Warren commented on the closed nature of proceedings, stating: “These tech billionaires want to lobby Congress behind closed doors with no questions asked. That’s just plain wrong … They [want to] shape…