Author: e_cash_top

[ad_1] Coinbase is discontinuing its support for Tether (USDT), DAI, and RAI for its Canadian users, effective August 31. The news was first reported by Cointelegraph, citing a customer email it had reviewed dated Aug. 17. The exchange wrote to customers that, as a result of a recent review, trading of these stablecoins would be…

[ad_1] On Aug. 17, Bitcoin’s price dropped below the $29,000 mark, settling around $28,500. While this decline might seem insignificant given Bitcoin’s historically volatile nature, the context of its recent trading range magnifies the importance of this move. Graph showing Bitcoin’s price between Aug. 14 and Aug. 17, 2023 (Source: CryptoSlate BTC) Bollinger Bands are…

[ad_1] Quick Take Bitcoin’s hash rate, a vital determinant of the network’s security and processing capability, has reached a milestone, surpassing 400 trillion hashes per second (Th/s) for the first time. This record achievement represents the culmination of a trend of surging hash rates, indicative of an end to miner capitulation. In this period, less-efficient…

[ad_1] The crypto community is grappling with issues surrounding bug bounty programs, a crucial mechanism for discovering and addressing system vulnerabilities. Usmann Khan, a web3 security auditor, posted on Aug. 17, “Remember that projects can simply not pay, whitehat,” with a screenshot of a message from Immunefi indicating a project had been removed from its…

[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…

[ad_1] Shiba Inu’s highly anticipated layer2 network Shibarium mainnet launch started to a rocky start with the network recording stuck transactions and funds. Blockchain security firm Beosin disclosed that about $1.7 million worth of Ethereum was currently locked on the bridge contract, adding that transactions on the network were pending. CryptoSlate, using data from Shibariumscan,…

[ad_1] Quick Take Bitcoin’s support level at $29k has recently been breached, leading to significant action from short-term investors. Those who have held Bitcoin for less than 155 days have been observed to capitulate, transferring approximately 17k coins to exchanges at a loss. This activity has surged to one of the highest levels witnessed within…

[ad_1] In a notable breakthrough in Bitcoin mining, UK-based Quantum Blockchain Technologies (QBT) has developed a highly promising computing method, the Message Scheduling For Cryptographic Hashing (MSFCA), designed to make Bitcoin mining significantly more efficient. The CEO of QBT, Francesco Gardin, defined MSFCA, in its July patent application, as a “radical change” that disrupts the…

[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…

[ad_1] Binance.US’s parent company’s request for a protective order on Aug. 14 to prevent securities regulators from making excessive demands may be on shaky grounds, according to one former official. In its original filing, BAM complained that the Securities and Exchange Commission (SEC) demanded excessive information and depositions of numerous employees. As such, BAM aimed…