Author: e_cash_top

[ad_1] Crypto exchange Binance has completed the integration of Bitcoin (BTC) Lightning Network (LN) for deposits and withdrawals activities, according to a July 17 statement. LN is a “layer 2” payment protocol built on Bitcoin. The protocol enables faster, cheaper transactions between nodes and aims to solve BTC scalability issues, thereby improving user experience and…

[ad_1] Quick Take The downfall of the FTX exchange in November 2022, led by Sam Bankman-Fried, marked a pivotal point in the landscape of Bitcoin deposits and withdrawals. The incident led to a drop in Bitcoin price below $16,000, the lowest point in that cycle. This collapse deceived many people and led to an all-time…

[ad_1] Quick Take According to Glassnode, investors accumulate and store (or lose) coins for extended periods, categorized based on how long it has been since they last moved on-chain. The chart below displays an overlay of multiple Supply Last Active variants, each shown as a percentage of Circulating Supply. Supply Last Active 1+ Yrs Ago  Supply…

[ad_1] Quick Take Dylan LeClair, an analyst at Bitcoin Magazine, sheds light on the current U.S. debt to GDP scenario. He reveals that the ratio is approximately 119%, a decrease from a brief peak of 134%. This situation results from inflation compounding at a rate of 5.7%. LeClair further suggests a potential solution to reduce…

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[ad_1] The U.S. Securities and Exchange Commission (SEC) has been prioritizing “politics and power” over creating “sound policy,” Ripple CEO Brad Garlinghouse said in a July 15 interview with Bloomberg. Reiterating his criticisms against the regulatory watchdog, Garglinghouse said that instead of providing clear rules for crypto, the SEC has been sowing confusion in the…

[ad_1] On June 5, 2023, the SEC filed an extensive civil complaint against Binance Holdings Limited, its assorted affiliates, and its beneficial owner and CEO, Changpeng Zhao, alleging multiple violations of the Securities Act of 1933 and the Securities Exchange Act of 1934. The SEC and Crypto For years, the SEC has clarified that crypto…

[ad_1] The Ripple case ruling is “ripe for appeal” and likely to be overturned, John Reed Stark, former chief of internet enforcement at the SEC, noted in a LinkedIn post on July 14. The court decision, which Cameron Winklevoss hailed as a watershed moment, “resides on shaky ground,” Stark wrote. Ripple court ruling is ‘troubling…

[ad_1] Silent Protocol is a startup initiative spearheaded by researchers from TÜBİTAK BİLGEM, Turkey’s leading technological and scientific center focused on advancing the country’s capabilities in technology and science. Its primary focus is developing a scalable privacy layer for existing applications, eliminating the need to swap liquidity from existing pools. The project, which kicked off…

[ad_1] Ripple’s partial victory in court sent shares of Coinbase soaring to a 12-month high of $114.43 on July 14. Taking advantage of the price bump, Ark Invest funds, led by veteran investor Cathie Wood, partially divested holdings of Coinbase shares. Trades viewed by CryptoSlate indicate that Ark Invest exchange-traded funds (ETFs) sold a total…