Author: e_cash_top

[ad_1] Four cryptocurrency exchanges and trading platforms confirmed that they have not placed a Super Bowl ad in statements to Crypto Slate this week. Coinbase, which aired an advertisement during Super Bowl LVI in 2022, said that it would not do so this year. A Coinbase spokesperson wrote: “While we are incredibly proud of our…

Kraken co-founder Jesse Powell comments on staking and SEC settlement

Feb 11, 2023

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[ad_1] Ad Jesse Powell, co-founder and exiting CEO of Kraken, commented on his company’s decision to halt its U.S. staking services in a series of tweets on Feb. 9. Kraken leader comments on the settlement Yesterday, Kraken reached a settlement with the U.S. Securities and Exchange Commission that forced it to pay $30 million and…

Bitcoin realized losses hit $200M on Feb. 9 following Kraken settlement

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[ad_1] Definition Net Realized Profit/Loss is the net profit or loss of all moved coins and is defined by the difference between Realized Profit and Realized Loss. Realized Profit denotes the total profit (USD value) of all moved coins cheaper before their last movement than the price at the current movement. Realized Loss denotes the…

Uniswap BNB deployment passes with 66% yes votes despite a16z rejection

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[ad_1] Ad The proposal to deploy Uniswap V3 (UNI) to BNB Chain (BNB) was accepted by 65.89% yes votes on Feb. 10, even though Andreessen Horowitz (a16z) used 15 million votes to oppose it on Feb. 6. The results show that 65.89% agreed with the deployment, 33.57% voted against it, and another 0.53% abstained. ConsenSys,…

Wall street institution Cantor Fitzgerald reportedly manages $39B of Tether’s reserves

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[ad_1] Ad Stablecoin issuer Tether (USDT) is reportedly using Wall Street financial institution Cantor Fitzgerald to manage its $39 billion bond portfolio, Wall Street Journal reported Feb. 10. According to the report, the stablecoin issuer began using Cantor Fitzgerald in 2021 after it reached a settlement agreement with a financial regulator over the management of…

US financial committee demands SBF-related documents from SEC

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[ad_1] Ad The United States House Committee on Financial Service has requested documents related to charges filed against FTX founder Sam Bankman-Fried by the Securities and Exchange Commission (SEC). The lawmakers wrote that the timing of the SEC’s charges against SBF raises “serious questions about its process and cooperation” with the US Department of Justice…

Bitcoin breaks below key resistance level at $22,264; long-term holders on aggregate now underwater

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[ad_1] Definition This chart presents Long-Term Holder variants of two classic on-chain metrics: LTH Realized Price is the average price of the Long-Term Holder BTC supply, valued at the day each coin last transacted on-chain. This is often considered the ‘on-chain cost basis’ of this cohort. LTH MVRV Ratio is the ratio between the market value…

More than 100k BTC pulled into self-custody year to date

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in Uncategorized

[ad_1] Ad More than 100,000 Bitcoin (BTC) have been transferred to self-custody storages since the beginning of the year, according to Glassnode data analyzed by CryptoSlate. The chart below represents the amount of illiquid BTC with the orange line since the beginning of January. BTC Illiquid supply in January (Source: Glassnode) According to the chart,…

Ordinal Punks NFTs called out as ‘sketchy’

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