Category: Latest news
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Mixin network DeFi TVL plunges by $200M after offering attacker $20M bounty
[ad_1] The total value of assets locked on Mixin Network sharply declined by more than $200 million two days after the protocol revealed it suffered a breach, according to DeFillama data. Per the data aggregator dashboard, the decline fell to $150.68 million on Sept. 27 from $351.47 million recorded on Sept. 26. Source: DeFillama On…
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How Bitcoin’s liveliness and vaultedness show the switch to hodling
[ad_1] Liveliness and Vaultedness are pivotal metrics in understanding the changes in the Bitcoin network. At their core, these metrics revolve around the concept of ‘coinblocks’. A recently introduced metric from Glassnode, coinblocks represent a specific quantity of Bitcoin associated with a particular time duration since its last movement or transaction. In simpler terms, it’s…
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BIS chief claims ‘outdated legal frameworks’ could ‘hinder’ CBDC development
[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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Zuckerberg predicts AI reshaping daily life, Meta to pursue ‘relentless’ integration – Forbes
[ad_1] Mark Zuckerberg touted artificial intelligence as a transformative technology poised to reshape the tech industry in an interview with Forbes published Wednesday, Sept. 27. Zuckerberg said recent AI breakthroughs represent “awesome progress” and predicted AI will become more ubiquitous in daily life. “There’s going to be a lot of different AIs that people interact…
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Ripple legal chief flags misleading statements in SEC chair Senate committee remarks
[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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Binance sells its Russian business to new exchange CommEX amid compliance concerns
[ad_1] Binance sold the entirety of its Russia business to a crypto platform, CommEX, for an undisclosed amount. CommEX is a crypto exchange platform launched yesterday, Sept. 26. In a Sept. 27 statement, Binance said it would begin redirecting some Russian KYC new user registrations to CommEX. According to the exchange, it will sunset all…
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Anxiety triggers massive Bitcoin sell-off among short-term holders
[ad_1] Quick Take Despite Bitcoin’s resilience, maintaining a value above $26,000, a wave of panic selling is washing over the short-term holders. Particularly, those who have held their positions for less than 155 days, are appearing to succumb to market fear and capitulation. Demonstrably, they have offloaded in excess of 15,000 Bitcoin at a loss…
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Binance gets court-approved extension in SEC lawsuit response
[ad_1] In the ongoing lawsuit brought by the Securities and Exchange Commission (SEC), Binance was granted an extension to respond to court orders on Sept. 26. The SEC filed suit in August against cryptocurrency exchange Binance Holdings Limited and its founder, Changpeng Zhao, along with two U.S.-based Binance entities, BAM Trading Services Inc. and BAM…
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SEC postpones delays on ARK 21Shares proposed spot Bitcoin ETF until January 2024
[ad_1] In a filing dated Sept. 26, the U.S. Securities and Exchange Commission (SEC) deferred its decision on a major spot Bitcoin exchange-traded fund (ETF), causing further delay to the final verdict on the ARK 21Shares Bitcoin ETF. This filing recognized that the Cboe BZX had earlier proposed a rule change, aiming for the approval…
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Lawmakers from both parties urge Gensler to approve spot Bitcoin ETF ‘immediately’
[ad_1] Four members of Congress have dispatched a letter to the Securities and Exchange Commission (SEC) today calling for immediate approval of a spot Bitcoin Exchange-Traded Fund (ETF). The letter argues that the SEC’s recent appeals court loss to Grayscale Investments underscores the untenability and unlawfulness of the agency’s existing policy of rejecting such ETFs.…