Category: Latest news

[ad_1] Do Kwon’s lawyers told a US court on Feb. 26 that the Terraform Labs co-founder will be unable to attend the initial hearings of the SEC trial. The lawyers did not request an adjournment and said the trial could begin as scheduled on March 25 without Kwon’s presence, according to court filings. Unforeseen complications…

[ad_1] Ethereum Foundation said the highly anticipated Dencun upgrade has been “successfully activated on all testnets” and is scheduled for deployment on the mainnet by Mar. 13 — at epoch 269568, according to a Feb. 27 statement. According to the Foundation, the upgrade will usher in significant changes, including introducing ephemeral data blobs with EIP-4844. This…

[ad_1] Arweave released the public testnet for Arweave AO, a new blockchain network that aims to offer significant scalability improvements, and invited tech enthusiasts and community members to join on Feb. 27. The initiative is built upon Arweave’s existing data storage platform, with aspirations to support a wide range of applications, including social media and…

[ad_1] Quick Take The record-breaking wave in the ever-evolving digital asset market continues, with the recently launched Bitcoin ETFs setting a new high in trade volume. As per data analysis findings shared by senior Bloomberg ETF analyst Eric Balchunas, these newborn- nine Bitcoin ETFs marked an all-time high trade volume of $2.4 billion, which not…

[ad_1] What is CryptoSlate Alpha? A web3 membership designed to empower you with cutting-edge insights and knowledge. Learn more › Connected to Alpha Welcome! 👋 You are connected to CryptoSlate Alpha. To manage your wallet connection, click the button below. Oops…you must lock a minimum of 20,000 ACS If you don’t have enough, buy ACS…

[ad_1] Seven days after the new Bitcoin ETFs launched, I analyzed how they could put pressure on Bitcoin’s supply dynamics in an article called “If BlackRock continues 6k BTC daily buys, we get a supply crunch within 18 months; here’s why.’ On the day of publication, Jan. 18, Bitcoin closed at $41,248 after falling from…

[ad_1] Quick Take Data shows that the 2021 cohort of Bitcoin investors, those who purchased Bitcoin during the fervor of 2021 when it hit highs of over $60,000 in Q1, possess an impressive holding record. Three years later, they epitomize long-term holding in an often volatile market. The proportion of circulating supply that has remained…

[ad_1] Crypto wallets associated with the now-defunct FTX exchange and its counterpart, Alameda Research, have moved over $8 million in digital assets in the past 24 hours amidst a surge in the broader crypto market. According to blockchain analytics firm SpotOnChain, these entities transferred 2,000 units of Ethereum, valued at around $6.36 million, to Coinbase…

[ad_1] Quick Take There is a notable surge in capital inflows into Bitcoin ETFs, a trend clearly highlighted by recent capital movements. BitMEX data shows that ETFs saw a massive net inflow of $520 million, or the equivalent of 9,510 BTC, on Feb. 26. Bitcoin ETF Data in dollars: (Source: BitMEX) GBTC, once a favored…

[ad_1] Justin Sun-related crypto exchange HTX, formerly Huobi, has resubmitted its application for a Virtual Asset Trading Platform (VATP) license in Hong Kong. This move comes after it was reported to have withdrawn its initial application, according to a notice on the Securities and Futures Commission (SFC) website. The initial application, filed through its Hong…