Author: e_cash_top

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[ad_1] Cardano founder Charles Hoskinson explained why he thinks Bitcoin mining should be stopped and all existing units of the assets should be converted into wrapped Bitcoin (wBTC) in an Oct. 3 Twitter broadcast. Wrapped Bitcoin is BTC on smart contracts-enabled platforms like Ethereum (ETH), Cardano (ADA), and others. Bitcoin’s PoW is the “gold mine”…

Bankrupt crypto lender Celsius to auction assets on Oct. 20

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[ad_1] Embattled crypto lender Celsius Network has set a final bid date of Oct. 17 for the sale of its assets, according to an Oct. 3 court filing. According to the filing, the firm would auction its assets on Oct. 20, if necessary. The document revealed that a sales hearing is set for Nov. 1…

Ethereum, Solana lead top 10 crypto gains as market turns green

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[ad_1] Total crypto market cap stood at $951.22 billion as of press time, up 2.53% compared to the previous day. After outflows of $15.67 billion during the weekend, the market cap saw inflows of $23.48 billion over the past 24 hours. The market capitalization of the largest cryptocurrency, Bitcoin (BTC), grew 2.92% to $379.06 billion…

US regulators want more rules for digital assets; Kim Kardashian fined $1.26M by SEC on EMAX promotion

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[ad_1] The biggest news in the cryptosphere for Oct. 3 includes, Binance burning 5.5 billion LUNC tokens, Tether reducing its commercial paper holdings below $50 million, and Transit Swap hacker returning over 70% of stolen funds. CryptoSlate Top Stories Binance burns $1.9M LUNC tokens Binance used trading fees worth approximately $1.9 million to burn 5.5…

A legal insight into whether crypto sanctions going too far? – SlateCast #22

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[ad_1] Partner and member of Crowell & Morning’s International Trade and White Collar & Regulatory Enforcement Groups, Carlton Greene, and Counsel in the International Trade and the White Collar & Regulatory Enforcement Groups, Anand Sithian, joined CryptoSlate to talk about the implications of the Office of Foreign Assets Control’s (OFAC) sanctions on Tornado Cash (TORN).…

ARK Invest’s crypto strategies to offer top 20 crypto assets to wealth managers

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in Uncategorized

[ad_1] Cathie Wood-led ARK Invest has inked a partnership with Eaglebrook Advisors to offer the ARK Cryptocurrency and ARK Cryptoasset strategies available as a separately managed account (SMA) for financial advisors and wealth managers. Since 2015, ARK Invest has been involved in crypto equity and security investments. Through the ARK Exchange Traded Funds (ETF), the…

Bitcoin mining hashrate touches new all-time high, mining difficulty expected to rise

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[ad_1] Bitcoin’s (BTC) hashrate has spiked to a new all-time high amid the current bear struggles of the broader crypto market. According to Glassnode data, as analyzed by CryptoSlate, BTC’s hashrate touched 244.25 EH/s on Oct. 3. Bitcoin mean hash rate (Source: Glassnode) In the seven days, the miners responsible for most of the hashrates…

Kim Kardashian to pay SEC $1.26M for promoting EMAX security token

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[ad_1] American Celebrity Kim Kardashian has agreed to pay $1.26 million to the U.S. Securities and Exchange Commission (SEC) in settlement of claims that she promoted the sale of unregistered securities token EMAX. According to the SEC, Kardashian was paid $250,000 by EthereumMAX to promote the EMAX token to her Instagram followers (now over 330…

Bitcoin stable as Credit Suisse, Deutsche Bank rumored to be on verge of collapse

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in Uncategorized

[ad_1] Bitcoin is holding steady amid rumors of a banking collapse, trading between $18,900 and $20,200 over the past three days. Investors are drawing parallels between the woes at Credit Suisse and Deutsche Bank and the collapse of the Lehman Brothers during the 2007-2008 financial crisis. Lehman Brothers was the fourth largest U.S. investment bank…

Tether reduces commercial paper exposure to below $50M, Treasury bills rise to 58.1% of reserve

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