Category: Latest news

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[ad_1] Some U.S.-based employees of FTX reportedly knew that the exchange had a backdoor that allowed Alameda to withdraw customers’ funds, The Wall Street Journal (WSJ) reported on Oct. 5. According to the report, the employees stumbled upon this backdoor while examining the feasibility of replicating the code used by FTX International for FTX US.…

[ad_1] El Salvador marks the launch of Lava Pool today, the country’s first Bitcoin mining pool powered by renewable geothermal energy. T he venture, a collaboration between energy company Volcano Energy and tech corporation Luxor Technology, is the country’s first attempt to harness the abundance of renewable geothermal energy for crypto mining. According to the…

[ad_1] Understanding regional market data is becoming increasingly important when analyzing the Bitcoin market. Bitcoin’s global nature means trading activity in one region can significantly influence worldwide price movements. By analyzing where this activity is most concentrated, we can gain insights into which regions exert the most influence on Bitcoin’s price. Glassnode offers estimates for…

[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] Federal prosecutors filed a forfeiture bill of particulars on Oct. 5 specifying assets subject to forfeiture in the criminal case against cryptocurrency executive Samuel Bankman-Fried. The filing in New York federal court listed two private jets prosecutors say are subject to forfeiture — a Bombardier Global 5000 and an Embraer Legacy. Prosecutors said the…

[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] Bitcoin’s global network hashrate may seem like an objective metric, but researcher and Cypherpunk Jameson Lopp reveals measuring it precisely is deceptively tricky. In a recent Proof of Work (POW) Summit talk in Prague, Lopp described his “hunt for the real Bitcoin hashrate” by evaluating the accuracy of various estimation algorithms. As Lopp explained,…

[ad_1] CommEX, the company that acquired Binance’s Russian operations, anticipates approximately a million customers to transition to its platform, Russian media Kommersant reported Wednesday, Oct. 4. However, not all of Binance’s Russian customers will likely migrate to CommEx. According to Dmitry Stepanin, CEO of Satoshkin, pointed out to Kommersant that crypto traders primarily turned to…

[ad_1] The FTX exploiter converted another $25 million worth of stolen Ethereum (ETH) to Bitcoin (BTC) on Oct. 4 over two transactions amounting to 5,625 ETH and 9,375 ETH, respectively, based on Spot On Chain’s data. The transactions occurred with a gap of roughly eight hours, with the tokens converted to BTC through THORChain Router…