Author: e_cash_top
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The Block CEO resigns after failing to disclose $43 million in personal loans from Alameda Research
[ad_1] Crypto news outlet The Block’s CEO Michael McCaffrey has resigned after failing to disclose a series of loans from Alameda Research – a company linked to former FTX head Sam Bankman-Fried (SBF). McCaffrey took over as CEO in 2021 after using a $12 million loan from Alameda to buy out other investors in the…
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Step App is revolutionizing the fitness industry with blockchain technology.
[ad_1] Disclosure: This is a sponsored post. Readers should conduct further research prior to taking any actions. Learn more › Step App is a pioneering Web3 company encouraging healthier, wealthier, and happier lives for people globally. In early 2022, Step App entered the first stages of development and within 8 months Step App grew from…
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Argo Blockchain accidentally reveals plans for bankruptcy
[ad_1] Argo Blockchain, a crypto mining company, has reportedly accidentally revealed a petition for bankruptcy. This news was reported by Will Foxley, the Content Director at Compass Mining, who shared a screenshot of the special announcement from Argo Blockchain, which was dated for Dec. 12. Argo is preparing for a bankruptcy on Monday, per a…
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Brazil Fan Token drops 50% fall in hours after the Croatia World Cup loss
[ad_1] Brazil National Fan Token is down 50% in a few hours and about 56% in 24 hours after losing against Croatia at the FIFA World Cup in penalty shootouts. JUST IN: Brazil National Fan Token (#BFT) is down 60.5% today after its loss against Croatia at the #FIFAWorldCup Priced at $0.218 at kick-off, the…
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Rural Kenya harnesses stranded potential energy to mine BTC using hydropower
[ad_1] A rural village in Kenya has been using off-grid energy generated using hydropower to mine Bitcoin (BTC) and power 500 families nearby. Bitcoin Is Key To An Abundant Clean Energy Future pic.twitter.com/cLY9JWXIE9 — Miles Suter 🏴 (@milessuter) December 9, 2022 The news was shared by Cash App Product Lead Miles Suter, along with a…
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CZ, SBF trade jabs in Twitter feud; Bitcoin firmly in capitulation phase
[ad_1] The biggest news in the cryptoverse for Dec. 9 includes a Twitter sparring between Binance CEO Changpeng Zhao and former FTX CEO Sam Bankman-Fried, and Hut8, Riot, and Marathon are emerging as the only public miners that increased their BTC holdings in November. CryptoSlate Top Stories The Artificial Intelligence (AI) cryptocurrency sector grew 12.3% over the…
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Genesis Block customer funds sent directly to Alameda accounts before FTX fall out
[ad_1] There is data to suggest that the customer funds sent to Genesis Block were processed and received by Alameda, according to emerging reports from Mike Burgersburg of Dirty Bubble Media. Burgersburg recently provided critical insights into the space, such as the flawed tokenomics of FTX’s FTT token ahead of CZ’s decision to sell its…
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Grayscale opens DeFi Fund to public investors
[ad_1] Investment management firm Grayscale has opened its decentralized exchange (DeFi) Fund (under the ticker DEFG) for public trading via the over-the-counter (OTC) market. Grayscale first launched the DeFi Fund in July 2021 but restricted its trading to only privately-accredited investors. However, on Dec. 9, it announced that U.S.-based accredited investors can publicly buy and…
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AI cryptocurrencies post strong performance suggesting burgeoning interest
[ad_1] The Artificial Intelligence (AI) cryptocurrency sector grew 12.3% over the last 24 hours, making it the second biggest gaining sector after cannabis. Notable top 10 AI cryptocurrency performers were Cortex, which develops machine learning models on blockchain, up 93.7%, and Fetch, which leverages AI and automation for dApp and peer-to-peer applications, gaining 33.7%. Source:…
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Analysis of on-chain metrics suggests Bitcoin is firmly in capitulation phase
[ad_1] Since June, Bitcoin (BTC) – and the general market subsequently – has been in capitulation, other than a handful of rallies seen in the summer of this ongoing bear market according to on-chain data provided by Glassnode, and analyzed by CryptoSlate. Both bull and bear markets reveal on-chain sentiment data, ranging from ‘Capitulation’ to…