Author: e_cash_top
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Bitcoin mining giants lose $2.8B in market cap to crypto market’s sudden crash
[ad_1] The top five largest crypto mining companies collectively lost $2.8 billion of their market Cap following last Thursday’s Bitcoin (BTC) flash crash. AltIndex data reveals a 30% decline over the past month among the prominent BTC miners. This group, consisting of Riot Blockchain, Marathon Digital Holdings, Canaan Inc., Hut 8 Mining, and Cipher Mining…
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Shopify integrates with ‘zero-fee’ Solana Pay, prompting businesses to adopt crypto transactions
[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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FBI warns crypto firms of North Korea move to cash out $40M in stolen Bitcoin
[ad_1] The U.S. Federal Bureau of Investigation (FBI) warned crypto companies that North Korea may soon attempt to cash out some of its illegally acquired Bitcoin worth more than $40 million. In an Aug. 22 notice, the law enforcement agency revealed that North Korea-linked TraderTraitor-affiliated actors, including Lazarus Group and APT38, consolidated 1,580 BTC into…
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Chamber of Digital Commerce assigns lawyer to argue against SEC in court as part of Coinbase case
[ad_1] The Chamber of Digital Commerce, a leading voice representing the trillion-dollar U.S. digital asset industry, is set to make a critical appearance in the SEC v Coinbase case, demonstrating the mounting tensions between regulatory bodies. As an Aug. 22 court filing indicates, the Chamber’s involvement signals a critical moment for the industry as law…
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Friend.tech driving Base transaction spike, Coinbase CEO reveals
[ad_1] Brian Armstrong, Coinbase CEO, highlighted how Friend.tech, a decentralized social application, is helping to fuel the growth and adoption of his exchange-backed Ethereum (ETH) layer-2 network, Base. In an Aug. 23 post on X (formerly Twitter), Armstrong, while responding to a post from Coinbase Head of Protocols Jesse Pollack, noted that Base hit an…
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Binance US shifts to ‘crypto-only’ after dropping USD, MoonPay becomes new on-ramp
[ad_1] Prompted by regulatory pressures, Binance.US is transitioning to a crypto-only exchange, replacing USD with USDT as its base asset. As Binance reported, this move is a strategic response to banking partners suspending USD channels following the Securities and Exchange Commission (SEC) lawsuit. Following the transition, Binance.US has introduced an enhanced Buy & Sell Crypto…
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Historic post-Jackson Hole S&P surges prompt heightened expectations for market responses
[ad_1] Quick Take A historical analysis of the S&P index reveals significant market activity after the annual Jackson Hole meeting, which could have implications for the cryptocurrency and blockchain sectors. This comes to light via a comprehensive chart constructed by Bloomberg Intelligence and put together by Markets & Mayhem, indicating a consistent pattern of stock…
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Binance and The Weeknd mix music, crypto, and philanthropy in upcoming tour
[ad_1] Crypto exchange Binance is sponsoring The Weeknd’s “After Hours Til Dawn” tour in Australia and New Zealand later this year, according to an Aug. 22 statement shared with CryptoSlate. This leg of the tour is planned for November and December and is geared to enhance the fan experience by integrating novel web3 technologies. Binance users…
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Bitcoin dips but options market holds steady
[ad_1] Last week, the crypto market experienced a massive sell-off that sent Bitcoin’s price down to as low as $25,000. The sharp market movement ended several months of unprecedented calmness in the crypto market. Previous CryptoSlate analysis pinpointed the derivatives market as the primary catalyst for the aggressive sell-off. The futures market saw a significant…
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Balancer announces $27M may be at risk due to vulnerability in DeFi pools
[ad_1] The DeFi platform Balancer (BAL) disclosed a vulnerability affecting several of its pools in a statement published on Aug. 22. In that post, Balancer Labs said that the vulnerability in question had not been exploited and said that 80% of the issue had been mitigated. However, the project acknowledged that a small amount of…