Author: e_cash_top

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[ad_1] The Philippines Securities and Exchange Commission issued a warning to investors that Gemini is operating its newly launched derivatives exchange without regulatory authorization in the country, Bloomberg News reported on May 22. The watchdog issued an official warning to the exchange on May 18, according to the report. Breaching the country’s securities regulation comes…

Bitcoin miner revenue derived from fees drops to 7%

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[ad_1] Quick Take Earlier this year, due to the demand for Inscriptions and BRC-20 tokens, Bitcoin miner fees started to explode. This saw a new “flippening” as Bitcoin fees surpassed block rewards for miners. In addition, BRC-20 tokens lost $600 million in market cap within four days, which showed these tokens’ rapid rise and fall.…

Stablecoin exchange balance drops below $20B

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[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…

Strike integrates Tether’s USDT for payments

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[ad_1] Digital payments platform Strike has integrated dollar-pegged stablecoin Tether’s USDT into its platform. According to a May 22 press statement shared with CryptoSlate, the integration aims to enable fast, safe, and efficient payments for Strike users and further increase the use and adoption of USDT. Strike is a payment platform based on the Bitcoin…

Core Scientific adds 900 more mining machines on behalf of LM Funding

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[ad_1] What is CryptoSlate Alpha? CryptoSlate Alpha is a membership designed to empower you with cutting-edge insights and knowledge, built on top of Access Protocol. More about CryptoSlate Alpha › Connected to Alpha Welcome! 👋 You are connected to CryptoSlate Alpha. To manage your wallet connection, click the button below. You Need More ACS It…

FTX native token spikes over 100% after lawyers tell court exchange could be revived

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[ad_1] Collapsed crypto exchange FTX’s native token FTT surged more than 100% on April 12 after lawyers revealed they had recovered additional liquid assets. As of press time, FTT was trading at $2.67, up 102.85% from $1.33 before the hearing. The revelation was made by Sullivan & Cromwell lawyers during the latest bankruptcy hearing, according to…

Japan to push CBDCs, crypto regulation as top agendas for G7

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[ad_1] Japan intends to make central bank digital currencies (CBDC) and cross-border regulation of cryptocurrencies a key theme in this year’s G7 meetings under its presidency, according to Masato Kanda. Kanda is a top Japanese currency diplomat currently serving as the Vice Finance Minister of International Affairs. He made the comments during a seminar at…

Worst-case scenario could see up to 1.54M ETH becoming liquid after Shanghai upgrade

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[ad_1] Quick Take With Ethereum’s Shapella upgrade due in a matter of hours, the market is ripe with speculation about its effects on ETH’s price. The Shapella upgrade is a combined name for two upgrades – the Shanghai upgrade, implementing changes to Ethereum’s execution layer, and the Capella upgrade, implementing changes to Ethereum’s consensus layer.…

Bitcoin rally fueled by realization trustlessness is the only way forward

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[ad_1] Ad Dylan LeClair said Bitcoin’s recent solid performance boils down to the understanding that trustlessness is the only way forward. The Research Analyst pointed out that, amid tough geopolitical and macroeconomic conditions, Bitcoin has managed to buck the broader market trend – thanks to the growing realization it has no counterparty risk. BTC has…

Whales sell liquid staking tokens as Ethereum Shappella upgrade nears

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