Author: e_cash_top
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Bitcoin Runes made up 57.7% of transactions on halving day
[ad_1] Launched on the day of the Bitcoin halving, Runes are a form of data embedded directly into Bitcoin transactions. Unlike simple financial transfers, Runes encapsulate additional information within these transactions. Bitcoin Runes operate by utilizing a method known as “transaction augmentation,” which allows users to embed arbitrary data into transaction outputs. Runes can store…
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Grayscale, BlackRock Ethereum ETF applications updated amid SEC delays
[ad_1] Grayscale Investments and BlackRock have updated their spot Ethereum ETF applications despite the SEC delaying its decision on the matter in recent weeks and expectations leaning toward rejection. Grayscale filed an S-3 registration statement with the SEC on April 23. The submission marks the latest step toward the firm’s proposed conversion of its existing Grayscale…
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Jane Street Capital now holds over 5% of Coinbase stock
[ad_1] Jane Street Capital has accumulated substantial Coinbase stock. According to financial intelligence site Fintel, Jane Street owned 5.3% of Coinbase’s outstanding shares in February. COIN was valued at $140.86 at the time of the company’s 13G filing on Feb. 9, placing the value of its holdings at $1.4 billion. At a current share price…
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Jack Dorsey’s Block completes Bitcoin mining chip, announces development of full system
[ad_1] Jack Dorsey’s firm Block has unveiled a significant advancement in Bitcoin (BTC) mining technology with the completion of its three-nanometer (3nm) mining chip. The company is now finalizing a full tape out of the chip at a leading global semiconductor foundry, marking a substantial upgrade from its earlier five-nanometer prototype. The new chip targets…
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SEC seeking $5.3 billion in fines from Terraform Labs, Do Kwon
[ad_1] The US Securities and Exchange Commission (SEC) wants nearly $5.3 billion in fines from Terraform Labs and its former CEO, Do Kwon for violations of the US securities laws and charges of fraud. The agency detailed its requested fines in an April 19 legal filing. The SEC is primarily seeking $4.2 billion in disgorgement plus…
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Top five stablecoins near all-time high with $150 billion market cap
[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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Crypto donations in the US hit $2 billion after top charities accept digital contributions
[ad_1] Leading US nonprofits are increasingly accepting crypto donations, marking a significant shift in charitable giving trends, according to a BanklessTimes report. Two out of the three top US-based charities have accumulated over $2 billion in donations since the start of the year after they began accepting crypto funds. Tech-savvy donors Bankless Times CEO Jonathan…
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Fidelity’s Bitcoin ETF attracted major institutional investors in Q1
[ad_1] Available exclusively via From 2012 to 2024: Analyzing market conditions before each Bitcoin halving Andjela Radmilac · 4 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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Tether commits to freezing addresses linked to sanctions as scrutiny over USDT misuse grows
[ad_1] Stablecoin issuer Tether told CryptoSlate that the firm would freeze any addresses linked to sanctioned entities. This decision comes in response to reports indicating that some state actors were leveraging Tether’s USDT tokens to circumvent US sanctions. A spokesperson for the firm said: “Tether respects the Office of Foreign Assets Control (OFAC) SDN list…
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Bitcoin’s hash rate shows resilience, set to propel difficulty to new heights
[ad_1] Quick Take Data from Coinwarz shows the Bitcoin network is gearing up for another difficulty adjustment, scheduled for April 24 at approximately 1:57 PM UTC. The adjustment is expected to be over 2.2%, pushing the difficulty to a new all-time high of 88.30T. Ahead of the halving on April 20, there was a notable…