Category: Latest news

[ad_1] Quick Take In the world of Bitcoin, recent trends have shown that short-term holders continue to capitulate, even as Bitcoin trades briefly just below $29,000. This trend has led to over 20,000 coins being sold at a loss, marking one of the highest levels of capitulation this year from short-term holders. Just five days…

[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] 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] Quick Take According to the Founder of Equity Management Associates, Lawrence Lepard, in his EMA Q2 report, the escalating interest expense, rapidly nearing a run rate of $1 trillion, is a major cause of the expanding government deficit. These factors imply that the government’s interest payments are surpassing its expenditure on national defense, according…

[ad_1] The Italian asset manager Azimut has been targeted by the international ransomware group BlackCat, Reuters reported on July 24. Reuters said that the company disclosed the cyberattack on the same day and added that the firm has rejected any demand for a ransom payment. The company suggested that the attack did not harm client…

[ad_1] Arkham Intelligence said in a tweet dated July 24 that the first of its crypto wallet identification bounties has now been paid out. The relevant bounty was awarded to an on-chain sleuth with the handle ErgoBTC and a second, anonymous individual. The two discovered evidence of addresses owned by Terraform Labs and its founder…

[ad_1] Some of Binance.US’ first cryptocurrency trades were conducted internally and constituted wash trading, the Wall Street Journal said on July 24. The Journal said that Binance.US saw $70,000 worth of Bitcoin trading over its first hour of operations in 2019. But according to an internal memo, Binance CEO Changpeng Zhao said regarding those trades:…

[ad_1] South Korean banks are favoring Certificate of Deposit (CD) tokens as potential alternatives to “volatile” stablecoins, as reported by the South Korean news organization Pulse on July 24. According to Pulse, industry sources revealed that Hana Bank plans to research CD tokens as part of the bank’s preparations for a potential Central Bank Digital…

[ad_1] Disgraced FTX founder Sam Bankman-Fried (SBF) will agree to a potential gag order and refrain from making any public statements related to FTX and the people involved in the lawsuit, Reuters reported. Presiding Judge Lewis Kaplan will make a ruling on whether the gag order is needed or not at an upcoming July 26…

[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…