Category: Latest news

[ad_1] Cryptocurrency custodial company BitGo said it “has made the hard decision to terminate its acquisition” of rival firm custody Prime Trust, according to a June 22 tweet. BitGo stated it made considerable effort and worked to find a path forward with Prime Trust. It added: “This decision was not made lightly and BitGo remains…

[ad_1] Atomic Wallet, which suffered from a hack on June 3, has narrowed down the possible causes of the breach according to a recent statement. In the statement, the non-custodial platform said the breach could have been caused by viruses on local user devices, malware code injection, infrastructure breach, or a man-in-the-middle attack. In a man-in-the-middle…

[ad_1] Bitcoin is trading at a “heavy discount” on Binance.US, presenting a significant arbitrage opportunity for traders, according to Kaiko data. Source: Kaiko Data from Cryptocompare corroborates the above. The flagship digital asset is trading for $29,523 on Binance.US, or $500 lower than on major rivals like Coinbase, Kraken, BitStamp, and others. Meanwhile, it should…

[ad_1] Quick Take Bitcoin’s Open Interest Reaches a Four-Month High Open interest in Bitcoin has escalated to a four-month peak as approximately 418,000 Bitcoin are held in open interest contracts, marking a significant upturn in investor engagement. CME Emerges as a Key Player An important catalyst behind this growth appears to be the Chicago Mercantile…

[ad_1] As Bitcoin surges amid a flurry of spot Bitcoin ETF applications from major institutional players, several altcoins have outperformed the leading cryptocurrency throughout June. STX experienced a staggering 72.3% gain in the last week, followed by PEPE and CFX, posting 67.8% and 43.8% increases, respectively. While ORDI, BCH, and KDA also experienced notable gains,…

[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] The following is a guest post from Nilmini Rubin, Chief of Staff and Head of Global Policy at Hedera. When I testified on the future of digital assets in front of the House Subcommittee on Commodity Markets, Digital Assets, and Rural Development, the discussion addressed the impactful uses of cryptocurrencies and how the lack…

[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] MakerDAO, the organization behind the DAI stablecoin, has purchased $700 million worth of U.S. Treasury bonds, bringing the DAO’s total Treasury bond holdings to $1.2 billion. The MakerDAO community had already held the preliminary vote to increase its U.S. Treasury bond holdings from $500 million to $1.25 billion in March. The proposal passed with…

[ad_1] Bob Diamond, a former CEO of Barclays, commented on BlackRock’s recent crypto activities during a CNBC interview on June 21. Diamond, now the CEO of Atlas Merchant Capital, said: “I love seeing some of the more mainstream firms getting involved here like BlackRock…I’m not surprised that they’re more involved now in crypto more broadly.”…