Author: e_cash_top
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Mexico CBDC likely delayed beyond 2024
[ad_1] Mexico’s central bank digital currency (CBDC) will probably not be ready by 2024 as previously projected, according to local media on Jan. 2. News company El Sol de Mexico contacted the Bank of Mexico with a transparency request on the status of the CBDC. The central bank responded: The result of this initial phase…
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Validators will be able to withdraw staked ETH from March
[ad_1] In a call on Jan. 5, Ethereum (ETH) developers reached a consensus for March 2023 as the tentative target for the Shanghai hard fork. The only significant code change in the Shanghai upgrade will focus on enabling validators to withdraw staked ETH. Developers decided on the call. Developers had hoped to incorporate a set of…
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Crypto payments firm Wyre cuts withdrawal limits to 90% of funds
[ad_1] Amid insolvency speculations, cryptocurrency payments platform Wyre slashed its withdrawal limits by 10% on Jan. 7. In a Twitter thread, Wyre announced that its customers can now only withdraw up to 90% of the funds in their accounts. Users will still be subject to daily withdrawal limits, according to which only 5 Bitcoin (BTC)…
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How the GBTC premium trade ruined Barry Silbert, his DCG empire and took crypto lending platforms with them
[ad_1] Introduction to Digital Currency Group Digital Currency Group was founded by Barry Silbert in 2015, who subsequently created the DCG empire by investing in hundreds of projects and companies. Digital Currency Portfolio: (Source: DCG) However, the most important company within DCG’s portfolio is Grayscale Investments, the largest holder of Bitcoin in the world, other…
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Sentiment among Bitcoin and Ethereum options traders flips bullish
[ad_1] Glassnode data analyzed by CryptoSlate showed significantly greater open interest calls for Bitcoin and Ethereum. Calls and puts refer to the buying and selling, respectively, of options. These derivative products give holders the right, but not the obligation, to buy or sell the underlying asset at some future point for a predetermined price. This…
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FTX attempting to recover millions donated to charities
[ad_1] Defunct crypto exchange FTX and its founder Sam Bankman-Fried (SBF) donated millions to charities. Now the firm’s new management is trying to recover the donations, the Wall Street Journal (WSJ) reported on Jan. 8. John. J. Ray, currently heading FTX management, has said that it has been challenging to figure out the firm’s total…
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US prosecutors subpoenaed hedge funds for records of Binance dealings
[ad_1] Over the past few months, the US attorney’s office for the Western District of Washington has issued subpoenas to hedge funds that interacted with Binance. The Washington Post reported citing sources familiar with the matter. The report noted that the prosecutors had directed the investment firms to hand over their communication records with Binance.…
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Algorand Foundation insights on the future and fundamentals of cryptocurrencies – SlateCast #45
[ad_1] The cryptocurrency industry has experienced a significant downturn in recent months, leading to concerns about the future of the industry. However, John Woods, the CTO of the Algorand foundation, remains optimistic about the future of cryptocurrencies. According to Woods, the recent collapse of centralized exchanges has damaged consumer confidence and the price in the…
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Navigating the DeFi landscape: Risk management, user experience, and the interplay with CeFi – SlateCast #44
[ad_1] The podcast discusses the decentralized finance (DeFi) industry and its relationship with the centralized finance (CeFi) industry. The guest, Emile from XDEFI, mentions that the market has been difficult recently, with a number of major CeFi platforms collapsing. He also expresses concern about the risk of further collapses, citing the Genesis situation and the…
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Exploring the Issue of Censorship on the Ethereum Network: A Conversation with Laybrys: SlateCast #43
[ad_1] In this episode of the SlateCast, CryptoSlate’s Akiba spoke to Lachlan from Laybrys, the company behind the website mevwatch.info to discuss the issue of censorship on the Ethereum network, specifically in relation to Validators outsourcing their block production to MV boost relays, which have the ability to censor transactions. This has led to a…