Category: Latest news

[ad_1] A US court has sentenced Shakeeb Ahmed to three years in prison for hacking two separate decentralized crypto exchanges and stealing digital assets worth over $12 million, according to an April 12 statement from the US Department of Justice. The sentencing marks the first time someone has been convicted for hacking a smart contract.…

[ad_1] Quick Take The aggregate accumulation by various Bitcoin cohorts, ranging from shrimps (holding less than one BTC) to super whales (10,000+ BTC), has surpassed the monthly issuance, painting a bullish picture for the future of BTC. All Cohorts vs Issuance: (Source: Glassnode) We are rapidly approaching the next Bitcoin (BTC) halving, with the event…

[ad_1] Ethereum developers are currently deliberating the Pectra upgrade, which is poised to enhance various facets of the blockchain’s functionality. Tim Beiko, the Ethereum Foundation‘s protocol support lead, confirmed the development, revealing that the developers have agreed to include Ethereum Improvement Proposals (EIP) 3074 in the network’s slated overhaul. EIP 3074 EIP 3074 is a…

[ad_1] The social layer of web3 is rapidly evolving and emerging as a crucial frontier. In a recent episode of the SlateCast podcast, CryptoSlate’s Liam “Akiba” Wright and CEO Nate Whitehill sat down with Joonatan Lintala, the CEO of the web3 social app Phaver, to explore how this new paradigm is empowering creators and communities. The…

[ad_1] Institutional Bitcoin data provider Block Scholes anticipates a novel impact from next week’s Bitcoin halving on the network’s performance. The company believes that it may lead to an immediate drop in the network’s hash rate by roughly 25% within the first two weeks. The firm predicts this event will have a unique effect on…

[ad_1] Quick Take In the midst of economic uncertainty, Bitcoin continues to dance around the crucial $70,000 level, demonstrating its resilience despite the DXY index steadily climbing towards 106 and US yields on the rise. As investors seek safe-haven assets, many are looking to gold for guidance, hoping that Bitcoin, often referred to as “digital…

[ad_1] Hong Kong is poised to approve the launch of new exchange-traded funds (ETFs) that will directly invest in Bitcoin and Ether potentially as soon as Monday. This key development, as reported by Bloomberg, involves key financial players, including an international branch of China’s Harvest Fund Management Co. and a partnership between Bosera Asset Management…

[ad_1] What is CryptoSlate Alpha? A web3 membership designed to empower you with cutting-edge insights and knowledge, powered by Access Protocol. Learn more › Connected to Alpha Welcome! 👋 You are connected to CryptoSlate Alpha. To manage your wallet connection, click the button below. Important: You must lock a minimum of 20,000 ACS If you…

[ad_1] What is CryptoSlate Alpha? A web3 membership designed to empower you with cutting-edge insights and knowledge, powered by Access Protocol. Learn more › Connected to Alpha Welcome! 👋 You are connected to CryptoSlate Alpha. To manage your wallet connection, click the button below. Important: You must lock a minimum of 20,000 ACS If you…

[ad_1] Quick Take Farside data shows that on April 11, Bitcoin (BTC) exchange-traded funds (ETFs) saw a total inflow of $91.3 million. BlackRock’s IBIT experienced a $192.1 million inflow, its largest since April 5, surpassing $15 billion in inflows with an exact amount of $15,144.5 billion. Since its launch, IBIT has averaged $240.4 million a…