Author: e_cash_top
-

Ethereum MEV incentives limit decentralization new report shows
[ad_1] On blockchain networks like Ethereum, decentralized validation underpins the entire ecosystem. Yet paradoxically, the highly-technical process of constructing the blocks that store transactions may be quietly accruing influence in the hands of just a few. According to an analysis by Ethereum researcher Thomas Thiery, block building has evolved into a high-stakes strategic arena. Specialized…
-

Is Tether’s profitability a risky bet on treasury profits?
[ad_1] Tether, the issuer of the world’s largest stablecoin, USDT, is breaking all records in 2023. In its Q1 assurance report, Tether gained an all-time high reserve surplus of $2.44 billion, and a net profit of $1.48 billion This raised many eyebrows because the world’s largest asset manager, BlackRock, had only $1.2 billion net income…
-

Jobs, food, and oil: The key drivers that could re-accelerate inflation
[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…
-

Federal Reserve’s 2024 plans could create headwinds for Bitcoin
[ad_1] Quick Take The market anticipates continuity in the Federal Reserve’s pause for the remainder of the year, as suggested by current trends. The resurgence of Consumer Price Index (CPI) and Producer Price Index (PPI) inflation rates has activated a reevaluation of these expectations. Prevailing market sentiments are pricing in 125 basis points worth of…
-

NFT tool Sketch launched by Access Protocol pumps ACS amid sector downturn
[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…
-

Bitcoin trading analysis shows major holding pattern, UTXO data reveals
[ad_1] Quick Take Latest data from the UTXO Realized Price Distribution (URPD) reveals an interesting pattern of Bitcoin’s trading behavior. The URPD, which illustrates the prices at which the current set of Bitcoin UTXOs were generated, indicates a particular concentration between the $28.9k and $29.4k range, surpassing the prior position at $16.5k. This shift signifies…
-

The SEC is exceeding its authority and encroaching on Congress’ lawmaking: Senator Lummis
[ad_1] U.S. Senator Cynthia Lummis filed an amicus brief on August 11 supporting Coinbase’s motion to dismiss against the U.S. Securities and Exchange Commission (SEC) lawsuit. Drawing attention to the Lummis-Gillibrand Responsible Financial Innovation Act, which aims to regulate crypto, the Senator said that there are already ongoing debates in Congress on crypto regulation. Therefore,…
-

Lightning network capacity decreases while number of channels grows
[ad_1] The Lightning Network is a Layer-2 solution designed to address Bitcoin transactions’ scalability and speed issues. It creates off-chain payment channels that allow users to conduct transactions almost instantly and at a fraction of the cost compared to traditional on-chain methods. By enabling multiple transactions to occur off-chain and only recording the final balance…
-

Sam Bankman-Fried arrested as bail is revoked
[ad_1] Sam Bankman-Fried, the founder and former CEO of FTX, has had his bail revoked and will now be held in prison, Reuters said on Aug. 11. That report indicates that U.S. District Judge Lewis Kaplan revoked Bankman-Fried’s bail following earlier concerns about witness tampering. Judge Kaplan noted during the latest hearing that Bankman-Fried had…
-

Gemini’s Cameron Winklevoss slams DCG for denying involvement in failed Earn program
[ad_1] Gemini co-founder Cameron Winklevoss criticized Digital Currency Group (DCG) on Aug. 11 as part of an ongoing dispute between the two firms. On Twitter, Winklevoss said: “[DCG’s] response [to Gemini’s lawsuit] … is filled with carefully crafted statements that are incredibly revealing … It completely ignores the reality of the situation in a comical…