Category: Latest news

[ad_1] The FTX debtors said they had paid the 14 consultancy firms and the law firms handling its bankruptcy case over $100 million as of April 30, according to a May 30 court filing. Sullivan & Cromwell is top earner According to the filing, FTX paid law firm Sullivan & Cromwell (S&C) $39.58 million for…

[ad_1] Quick Take Many Western countries are beginning to see a re-acceleration of inflation as negative real rates (meaning that interest rates are lower than the rate of inflation) continue. Last week, the U.S. PCE index reached 4.4%, exceeding expectations. The U.K. also saw core inflation re-accelerate to forty-year highs. New inflation data for other…

[ad_1] The Bitcoin hash rate continues trending upwards, having experienced a spike last weekend(May 27-28, 2023) that puts it on track to re-test its all-time high of 400 TH/s. Source: bitinfocharts.com The hash rate quantifies the computing power within a Proof-of-Work (PoW) network. In addition, it serves as an indicator to gauge a network’s general…

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[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] Security researchers disclosed a vulnerability in the TRON blockchain on May 30 that previously put $500 million of crypto at risk. One signer could have accessed mulitisig accounts The 0d research team at dWallet labs said that a critical zero-day vulnerability in the TRON blockchain left multisig accounts open to theft. Multi-sig accounts must…

[ad_1] Cryptocurrency exchange Bybit said May 30 that it intends to halt all services and products being offered in Canada until further notice due to the regulatory developments in the country. Bybit said Canadian nationals and residents of the country would no longer be able to open new accounts with the exchange starting May 31.…

[ad_1] Blockchain analytics firm Nansen reduced its staff count on May 30, citing harsh market conditions and excessive early growth. Nansen CEO Alex Svanevik said that the company has reduced its team by 30%. Svanevik said that the last year’s conditions have had a “brutal” impact on crypto markets. He said that although Nansen recently…

[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…