Category: Latest news
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Bitcoin lightning network capacity breaks all-time high
[ad_1] Latest Report Is the crypto bottom in? On-chain says yes, macro says pain occurs after the fed pause Is Bitcoin poised for a new low or has the bottom been set at $15,500? CryptoSlate analyzed on-chain and macro data to present both sides of the argument. Andjela Radmilac Β· 2 days ago [ad_2] Source…
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Chinese cities gives away $26.6M in Digital Yuan to drive adoption
[ad_1] Multiple Chinese cities have reportedly launched initiatives to give away digital yuan (e-CNY) worth over $26.6 million to drive consumption during the Spring Festival. Authorities across China have doubled their efforts to increase Digital Yuan adoption and usage. In May 2022, Shenzhen, Guangzhou, and Xiong’an gifted their citizens roughly 90 million digital yuan in…
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A16z 15M bloc vote against Uniswap BNB Chain deployment raises decentralization concerns
[ad_1] Andreessen Horowitz (a16z) voted against the deployment of decentralized exchange (DEX) Uniswap (UNI) on the BNB Chain via Wormhole. The crypto investment firm placed its 15 million UNI holdings against the proposal β making it the largest voting bloc among the 36 million votes cast at press time. A16z defends decision A16z said it…
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Single whale withdraws over $120M in Bitcoin from crypto exchange Gate.io
[ad_1] Latest Report Is the crypto bottom in? On-chain says yes, macro says pain occurs after the fed pause Is Bitcoin poised for a new low or has the bottom been set at $15,500? CryptoSlate analyzed on-chain and macro data to present both sides of the argument. Andjela Radmilac Β· 1 day ago [ad_2] Source…
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Op-ed: On Bitcoin and why there is no second best
[ad_1] Note: This is part two of a two part series on what differentiates bitcoin from the rest of the crypto market. See part one here. It could be said that bitcoin will have been nothing more than a Ponzi game if it fails and eventually fades into obscurity. However, this characterization applies to successful,…
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Justin Sun backs FTX Debt token ‘FUD’ in possible securities law breach
[ad_1] Justin Sun, the founder of exchange Huobi, has put his name behind Debt DAO, a project claiming to be issuing FTX usersβ debt as a bond token, FUD, on behalf of FTX creditors. In a Twitter thread, Debt DAO said it has been notified of around $100 million in debt by FTX creditors. Debt…
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Why open interest and trading volume are so important in options trading
[ad_1] Cryptocurrency options trading has become a hot topic in the investment world as more and more people seek to profit from the exciting and fast-paced world of digital assets. Even amid an incredibly tough period for cryptocurrency trading, crypto options are faring incredibly well β with trading volume in Bitcoin options alone reaching a…
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The potential NFT loan market, accessing liquidity through digital assets – SlateCast 51
[ad_1] SlateCast 51 began with a conversation regarding developments in the crypto world and the impact of downturns on the industry. Host Akiba and guest Justin Bram of Astaria discuss a new project called Astaria which aims to unlock instant liquidity for every on-chain asset. Astaria will launch an NFT lending marketplace where people can…
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UK looks to launch digital pound by 2030, roadmap to be released soon
[ad_1] The Bank of England (BoE) and His Majestyβs Treasury will introduce a roadmap to build a central bank digital currency (CBDC) next week, The Telegraph reported on Feb. 4.Β The BoE and Treasury are looking to launch a four-month consultation in which businesses, academics, and the wider public will be invited to share views on…
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FBI seizes $260k of assets including ETH, Bored Ape following ZachXBT tip
[ad_1] The FBI has seized more than $260,000 of assets, including NFTs and cryptocurrency, according to a forfeiture document published by the agency on Feb. 4. That document says that the FBI seized several assets from Chase Senecal, a resident of Brunswick, Maine. The agency seized 86.5678 ETH ($116,433) and two NFTs: Bored Ape Yacht…