Author: e_cash_top
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KPMG survey reveals significant uptick in institutional adoption of crypto in Canada
[ad_1] The Canadian financial sector witnessed a significant uptick in crypto adoption in 2023, according to a recent survey by KPMG in Canada. Financial firms offering crypto products and services increased by 22% from 2021, while institutional investors incorporating crypto into their portfolios rose by 26% during the same period. Resurgence Financial Services: 50% of…
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Amazon, Microsoft AI partnerships face potential UK antitrust probe
[ad_1] The UK’s Competition and Markets Authority (CMA) has taken preliminary steps to investigate recent partnerships made by top AI sector participants, according to an April 24 release. The CMA invited comments on Microsoft’s partnership with Mistral AI, Amazon’s partnership with Anthropic, and Microsoft’s hiring and licensing arrangement with Inflection AI. The antitrust agency aims…
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Bitwise CIO predicts Bitcoin volatility will fall 50% as institutional adoption rises
[ad_1] In a recent investor note, Bitwise CIO Matt Hougan provided a comprehensive outlook on Bitcoin’s trajectory towards the 2028 halving, predicting a 50% decrease in volatility and heightened institutional investor engagement. Bitcoin (BTC) hit a new all-time high weeks before the 2024 halving in an unprecedented surge. Hougan believes this trend will continue post-halving…
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Vitalik Buterin addresses ZKasino’s misuse of ‘zero-knowledge’ in $33M scam
[ad_1] Ethereum co-founder Vitalik Buterin said the issues with ZKasino were evidence that the term “Zero-Knowledge (ZK)” has gained enough prominence in the industry to attract misuse by fraudulent actors. Buterin’s comment followed revelations that the blockchain-based gambling platform rugged its users — resulting in the loss of roughly $33 million worth of Ethereum (ETH). According…
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Are Inscriptions following the path of the Dodo?
[ad_1] What is CryptoSlate Alpha? A web3 membership designed to empower you with cutting-edge insights and knowledge, powered by Access Protocol. Learn more › Connected to Alpha Welcome! 👋 You are connected to CryptoSlate Alpha. To manage your wallet connection, click the button below. Important: You must lock a minimum of 20,000 ACS If you…
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Renzo’s ezETH token depeg triggers liquidations across DeFi platforms
[ad_1] Renzo’s liquid restaking token (LRT), ezETH, experienced a significant depegging event that liquidated millions from “loopers” using the token as collateral on leverage protocols like Gearbox. According to data from CoinMarketCap, the digital asset’s value plunged to a low of $2,755 before recovering to its current level of $3,178 as of press time. Notably,…
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April 30 set for historic launch of Bitcoin and Ethereum ETFs in Hong Kong
[ad_1] Available exclusively via From 2012 to 2024: Analyzing market conditions before each Bitcoin halving Andjela Radmilac · 5 days ago As the fourth Bitcoin halving approaches, an in-depth look at past events offers insights into potential market impacts. [ad_2] Source link
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Bitcoin US ETFs inflows exceed new daily mining output on April 23
[ad_1] Available exclusively via From 2012 to 2024: Analyzing market conditions before each Bitcoin halving Andjela Radmilac · 5 days ago As the fourth Bitcoin halving approaches, an in-depth look at past events offers insights into potential market impacts. [ad_2] Source link
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Nigeria freezes over 300 P2P accounts on more crypto exchanges amid forex concerns
[ad_1] Nigerian authorities are gearing up for the next phase of their crackdown on crypto trading, targeting peer-to-peer (P2P) platforms like OKX, Binance, KuCoin, and Bybit, according to a trending circular by the Central Bank of Nigeria. The CBN ordered financial institutions in the country to identify individuals or entities transacting with these exchanges and…
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US DOJ seeks 36-month sentence and $50 million fine for ex-Binance CEO Changpeng Zhao
[ad_1] The US Department of Justice has recommended a 36-month prison sentence alongside a $50 million fine for the former CEO of Binance, Changpeng Zhao. In response, Zhao’s legal team contends that his incarceration would be unprecedented, citing no prior instances of imprisonment in similar cases. Instead, they proposed an alternative of probation, potentially with…