Author: e_cash_top

[ad_1] Quick Take Ethereum gas usage by transaction type, specifically at stablecoins and NFTs, continues to drop. Stablecoin gas usage is currently at three-year lows, roughly 5% of the total gas usage, according to Glassnode data as of June 9. USDT makes up over 75% of gas usage on Ethereum. However, this demand seems to…

[ad_1] Bitcoin dominance is rising as crypto investors attempt to decipher the impact of the recent SEC lawsuits against Coinbase and Binance. Investors appear to be converting tokens proposed as securities by the SEC into less disputable assets such as Bitcoin. Crypto dominance Since the lawsuits were filed on June 6, the total market cap of…

[ad_1] Bitcoin (BTC) is trading at a slight discount on Binance.US following the exchange’s announcement of its banking partners’ decision to halt USD payment channels on June 13, amidst ongoing regulatory troubles, according to Kaiko data. Kaiko stated that BTC traded at a premium on Binance.US  between June 6 and June 8 when rumors surfaced…

[ad_1] Facebook and Instagram parent Meta internally unveiled several AI features that will soon be offered to users, various sources reported on June 8. Meta unveils new consumer AI tools Axios said on June 8 that CEO Mark Zuckerberg and other executives announced the features during an all-staff meeting. One tool under development allows users…

[ad_1] The Commodity Futures Trading Commission (CFTC) said June 9 that it achieved a legal victory against Ooki DAO in a precedent-setting case. Ian McGinley, the CFTC’s Division of Enforcement Director, said: “The founders created the Ooki DAO with an evasive purpose, and with the explicit goal of operating an illegal trading platform without legal…

[ad_1] Jay Clayton, former chair of the U.S. SEC, commented on the agency’s current treatment of crypto in a conversation at Bloomberg Invest on June 8. Beginning on June 5, the U.S. Security and Exchange Commission filed charges against Binance and Coinbase. Bloomberg’s Carol Massar asked Clayton whether he would have taken the same actions…

[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] Disgraced Terraform Labs Co-founder Do Kwon has an established relationship with an influential Montenegrin politician, according to the Korean news agency Yonhap. Montenegro’s Prime Minister revealed this information days before the country’s parliamentary elections – scheduled for June 11. During a June 8 press conference, Prime Minister Abazović told reporters he had received a…

[ad_1] U.S.-based digital trading app Robinhood announced today that it will end support for three major cryptocurrencies on June 27 — Cardano (ADA), Polygon (MATIC), and Solana (SOL). The company advised users to sell or transfer their holdings before the deadline, at which point the tokens will be automatically sold and converted to buying power…

[ad_1] Ethereum co-founder Vitalik Buterin said the Ethereum network needs to go through three major technical transitions related to Layer-2 scaling, wallet security, and privacy as it matures from a “young experimental technology into a mature tech stack.” Buterin added that these transitions must be executed “roughly simultaneously” to ensure success and if any of…