Author: e_cash_top

[ad_1] Cryptocurrency exchange Coinbase published its Q2 earnings report on Aug. 3 and reported significant revenue despite overall losses. Coinbase said it saw $708 million in total revenue, marking a decline of 8% quarter-over-quarter (Q/Q), and $663 million in net revenue, marking a decline of 10% Q/Q. The company also saw $97 million in net…

[ad_1] X, formerly known as Twitter, intends to build an in-app trading hub, business news site Semafor reported on Aug. 3. The social media company reportedly has sent out requests for proposals to potential partners capable of providing financial content, real-time stock data, and other features. It promises to help those partners reach its hundreds…

[ad_1] On Aug. 3, the New York Times raised objections against interim and potential future gag orders imposed on Sam Bankman-Fried, the former CEO of FTX, who is charged with multiple felonies in connection with the exchange’s alleged mismanagement and ultimate collapse. In a court filing, the NYT said that court orders restricting speech must…

[ad_1] According to reporting from Bloomberg, U.S. Securities and Exchange Commission (SEC) chair Gary Gensler is downplaying its focus on cryptocurrency to direct its attention toward artificial intelligence, a technology that he says “warrants the hype.” Gensler, who has been confronting an industry he claims is replete with scams and fraud in cryptocurrency, is now…

[ad_1] Crypto trading on centralized exchanges declined by 12% to $2.36 trillion. This is the lowest volume recorded since the beginning of the year, indicating a significant downturn in trading activity, according to CCData. A breakdown of these trading activities showed that spot trading volume fell 10.5% to $515 billion —the second-lowest since March 2019.…

[ad_1] The implied volatility (IV) for Bitcoin options decreased significantly in July. The IV for Bitcoin options on Aug. 3 is as follows: Expiry Period Percentage 1-Month Expiry 32.73% 3-Month Expiry 37.78% 6-Month Expiry 44.07% Implied volatility is a metric that represents the expected percentage change in the price of Bitcoin over a year, with…

[ad_1] World Mobile (WMT), a global mobile network based on blockchain, has launched dedicated cross-chain bridges for Ethereum (ETH) and BNB Chain networks. According to an Aug. 3 statement, the newly launched cross-chain bridges align with World Mobile’s multichain strategy of exposing the crypto community to its growing ecosystem, as the bridges would allow users…

[ad_1] A New York man, Ilya “Dutch” Lichtenstein, has admitted to the 2016 Bitfinex hack while entering his guilty plea to charges of money laundering associated with the hack. His confession on Thursday has shed light on a $4.5 billion cyber heist that remained anonymous until now. Lichtenstein’s plea hearing took place in Washington, D.C.,…

[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] Bankrupt FTX wants the court to remove its Dubai subsidiary from the entities subject to U.S. bankruptcy proceedings, according to an Aug. 2 court filing. FTX revealed that its Dubai subsidiary, licensed as a virtual asset service provider in July of the prior year, had conducted no business in the United Arab Emirates (UAE).…