Author: e_cash_top
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EigenLayer removes caps, sees record $157 million inflow as Lido dominance dips
[ad_1] Ethereum restaking protocol EigenLayer saw inflows of approximately $157 million in Lido’s staked ETH during the last 24 hours, marking the digital asset’s highest inflow on the platform since February. Notably, this significant inflow into EigenLayer comes at a time when Lido’s share of the Ethereum staking market has dropped below 30% due to…
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OG Bitcoin holders or ‘King’ Fish retain $15k cost basis after buying the dip
[ad_1] Glassnode data shows that OG Bitcoin holders, or Fish (yellow), those holding between 1 – 10 BTC, still have the lowest realized price by quite some margin at just $15,630. Compared to Whales, whose realized price is currently $35,290, this indicates Fish have the lowest average cost per Bitcoin out of all holders. Further,…
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TRON DAO at Harvard Blockchain Conference and New TRON Builder Tour Stop
[ad_1] Geneva, Switzerland, April 16, 2024 – The Harvard Blockchain Conference, a premier gathering hosted by the Harvard Blockchain Club, showcased the TRON DAO as a Platinum Sponsor, the highest tier for the Harvard Blockchain Conference. The official conference saw a packed crowd of attendees featuring a variety of students, thought leaders, and blockchain enthusiasts…
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Israeli central bank official says digital payment methods have ‘eroded’ the role of cash
[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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Solana-based PoW project Ore halts mining, announces version 2
[ad_1] Solana-based proof-of-work project (PoW) Ore has suspended its mining operations immediately, citing network congestion and instability issues. The halt follows a remarkable surge in Ore’s market value, which more than tripled following the suspension announcement. Ore’s pseudonymous founder, Hardhat Chad, announced the decision on social media and explained that mining was suspended to address…
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Funding rate turns negative as Bitcoin drops below $64k
[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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PayPal ends protection for NFT transactions due to industry volatility
[ad_1] PayPal announced that it will no longer offer buyer and seller protection for transactions involving NFTs from May 20, marking a notable shift in the company’s approach to the digital asset market. Historically, PayPal’s protection programs have safeguarded consumers against fraudulent transactions, providing refunds and shielding sellers from chargebacks and false claims. However, the…
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Exchanges expected to run out of Bitcoin 9 months after halving – Bybit report
[ad_1] A recent analysis by crypto exchange Bybit has sounded the alarm on a potential shortage of Bitcoin (BTC) on exchanges by the end of 2024 if demand remains at similar levels. The report predicts that reserves could be entirely depleted within the next nine months if current withdrawal rates persist — currently around 7000…
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Binance.US appoints ex-New York Fed chief as board director to boost compliance efforts
[ad_1] Embattled crypto platform Binance.US told CryptoSlate it appointed Martin C. Grant, a former New York Federal Reserve Bank Compliance Chief, to its Board to improve compliance efforts and restore users’ trust in its services. The crypto trading platform has faced extensive regulatory scrutiny due to its ties with the global Binance exchange, which entered…
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Fetch.ai, SingularityNET, and Ocean Protocol’s planned $7.5 billion ASI token to launch in May
[ad_1] The Artificial Superintelligence Alliance (ASI), comprising Fetch.ai (FET), SingluarityNET (AGIX), and Ocean Protocol (OCEAN), said the highly anticipated ASI token will be launched in May. In an April 16 statement, the Alliance stated that the ASI token would merge the native digital assets of the three decentralized artificial intelligence protocols and rank among the top 20…