Category: Latest news
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Gensler slams crypto exchanges for unsavory practices, says spot Ethereum ETFs will ‘take some time’
[ad_1] SEC Chair Gary Gensler said spot Ethereum ETFs will “take some time” to launch despite approving the associated 19-4b filings last month. Gensler said the ETF applications are going through the normal procedures, which could take some time. He remained vague about an exact timeline for the launch. The SEC chair also slammed crypto…
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Vitalik Buterin criticizes celebrity memecoins for lack of real-world value
[ad_1] Ethereum co-founder Vitalik Buterin has expressed strong disapproval of the recent trend of celebrities experimenting with crypto by creating memecoins. In a June 5 social media post, Buterin pointed out that most celebrity-backed memecoins lack practical utility or a specific use case backing their creation. He added that financialization — or the process of turning…
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Base outpaces Optimism and Arbitrum amid Coinbase’s Smart Wallet debut
[ad_1] Coinbase-backed Ethereum layer-2 network, Base, is experiencing rapid growth, reflecting the significant adoption and attention it enjoys from the crypto community. Base’s growth comes amid the exchange launch of its Smart Wallet, a self-custodial solution aimed at bringing more than 1 billion users on-chain. Increased network activity Base recorded the highest daily transactions among…
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Market depth reveals Bitcoin’s underlying strength at $70k
[ad_1] Tracking changes in liquidity is equally important as monitoring changes in Bitcoin‘s on-chain data. Each price movement, be it up or down, exerts significant pressure on liquidity. One way to analyze changes price swings bring to the market is to look at market depth. The aggregated 2% market depth and the 2% bid vs.…
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Crypto firms on alert after Tether CEO Paolo Ardoino warns of email list breach
[ad_1] Paolo Ardoino, the CEO of stablecoin issuer Tether, warned on June 5 about a potential security breach involving an unnamed crypto mailing list provider. In a post on the social media platform X (formerly Twitter), Ardoino stated that his firm had received two independent confirmations suggesting a prominent vendor responsible for managing mailing lists…
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Trump owns over 50% of TROG memecoin amid illiquid $32M crypto holdings
[ad_1] Available exclusively via How BlackRock’s Bitcoin ETF shapes the crypto market Andjela Radmilac · 2 days ago CryptoSlate’s latest market report dives deep into the meteoric rise of BlackRock’s Bitcoin ETF to understand how it positioned itself at the forefront of the crypto market. [ad_2] Source link
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BlackRock ETFs significantly increase MicroStrategy exposure
[ad_1] Available exclusively via How BlackRock’s Bitcoin ETF shapes the crypto market Andjela Radmilac · 2 days ago CryptoSlate’s latest market report dives deep into the meteoric rise of BlackRock’s Bitcoin ETF to understand how it positioned itself at the forefront of the crypto market. [ad_2] Source link
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Aave tops $20 billion in deposits amid record revenue and fee switch discussions
[ad_1] Aave community members are pushing for a fee switch proposal after the DeFi protocol’s annualized revenue reached new highs this week. On June 2, Matthew Graham, a member of the Aave liquidity committee, reported that the protocol was “averaging just over $80 million in annual revenue from seven Aave v3 & v2 deployments” across…
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Huge short Bitcoin positions above $71k suggest potential for rapid market movements
[ad_1] Available exclusively via How BlackRock’s Bitcoin ETF shapes the crypto market Andjela Radmilac · 2 days ago CryptoSlate’s latest market report dives deep into the meteoric rise of BlackRock’s Bitcoin ETF to understand how it positioned itself at the forefront of the crypto market. [ad_2] Source link
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OpenAI, DeepMind insiders demand AI whistleblower protections
[ad_1] Individuals with past and present roles at OpenAI and Google DeepMind called for the protection of critics and whistleblowers on June 4. Authors of an open letter urged AI companies not to enter agreements that block criticism or retaliate against criticism by hindering economic benefits. Furthermore, they stated that companies should create a culture…