Category: Latest news
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Saturn secures $800,000 for Bitcoin-based decentralized exchange development
[ad_1] Saturn, a peer-to-peer order book built on the Bitcoin network, secured $800,000 for its seed funding round led by Sora Ventures, according to a Feb. 26 statement shared with CryptoSlate. With this capital, Saturn intends to expedite its vision for Bitcoin-based fungibility. The funds will fuel further advancements in its technical infrastructure, team expansion,…
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MSTR rallies 10% as MicroStrategy buys $155 million Bitcoin in 10 days
[ad_1] MicroStrategy bolstered its Bitcoin reserves by purchasing 3,000 BTC for approximately $155 million within ten days. This purchase takes the business intelligence and Bitcoin development firm’s total holding to 193,000 BTC, acquired for around $6.09 billion at an average price of $31,544 per BTC. According to Nasdaq data, the news has positively impacted the…
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Solana suffers $3 million ETP outflows post-outage as Bitcoin responsible for 95% of inflows
[ad_1] Solana’s recent outage appears to be weighing heavily on investors’ minds, with crypto investment products related to the blockchain network seeing outflows of $3 million during the past week. CoinShares’ latest weekly report showed the network as the only major digital asset that recorded negative flows for the duration, blaming it on how “recent…
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Ethereum and Bitcoin futures open interest near record highs in notional value
[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…
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Uniswap fee reward mechanism proposal boosts its earnings beyond Bitcoin
[ad_1] Uniswap has outpaced Bitcoin in fees paid by crypto traders for over a week, with the DEX surpassing Bitcoin on Feb. 14 According to data from Cryptofees, Uniswap raked in around $1.9 million in fees on Feb. 25, surpassing Bitcoin’s $1.2 million on the same day. This trend has persisted since mid-month, with Uniswap…
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BitForex alleged $2.5 billion volume flatlines as exchange abruptly goes offline
[ad_1] Hong Kong-based crypto exchange BitForex appears to have gone entirely dark following the suspension of its website and trading application on Feb 23. Users have been unable to initiate withdrawals or access the exchange for several days, which boasted over $2 billion in trading volume as recently as Feb 24. Data from CoinGecko shows…
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Hackers exploit MicroStrategy social media to orchestrate $440,000 phishing heist
[ad_1] MicroStrategy’s official X (formerly Twitter) account was hacked and used to promote a fake airdrop of an Ethereum-based MSTR token during the early hours of today, Feb. 26. Blockchain security firm PeckShield quickly warned that the offending post contained a phishing link that redirected to a copycat website of the Bitcoin-holding company. The malicious…
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GBTC records smallest outflow of $44 million since spot ETF conversion
[ad_1] Quick Take Bitcoin ETFs in the US have been an incredible success since their introduction on Jan. 11, as reported by CryptoSlate. In a notable development reported by BitMEX, the sector witnessed a strong inflow of $232 million on Feb. 23. BitMEX data reveals the BlackRock IBIT ETF as the primary driver behind this…
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New AI and hardware may crack the code on lost crypto
[ad_1] The following is a guest post from Robert Rhodin, the CEO of KeychainX. As the crypto market’s capitalization has grown, the diversity and complexity of assets also increase. This growth, supported by advanced technology and innovations, also increases the number of lost or inaccessible assets. It is estimated that hundreds of billions of dollars…
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The economic implications of the Fed’s reverse repo (RRP) facility
[ad_1] The post The economic implications of the Fed’s reverse repo (RRP) facility appeared first on CryptoSlate. [ad_2] Source link