Category: Latest news

[ad_1] The decentralized Physical Infrastructure Network (DePIN) platform IoTeX, has secured a $50 million investment from a consortium of venture capital firms to accelerate the growth and adoption of its ecosystem. According to information shared with CryptoSlate, the investment round was led by SNZ Capital, Foresight Ventures, FutureMoneyGroup, Borderless Capital, and others, with the funds…

[ad_1] Quick Take As Bitcoin’s price has surged roughly 50% since the beginning of 2024, data from Glassnode reveals a noteworthy pattern in behavior among short-term holders (STHs), defined as investors holding Bitcoin for less than 155 days, who tend to exhibit a pattern of fear and greed—buying high and selling low. Glassnode data shows…

[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 On Apr. 2, CryptoSlate reported that the US government sold 1,999 Bitcoin (BTC), valued at approximately $130 million, from a wallet associated with Silk Road to the digital assets exchange Coinbase. As per Arkham Intelligence firm, only 1,999.999 BTC were spent in the transaction, leaving the remaining 29,799.99012413 BTC unspent. US Government…

[ad_1] Grayscale Bitcoin Trust (GBTC) recorded lower outflows for the first time since the launch of spot Bitcoin ETFs on April 2, after ARK 21Shares (ARKB) posted outflows amounting to $87.5 million, according to Coinglass data. Comparatively, GBTC recorded the lowest outflows since March 12 at $82 million. The data for the other ETFs, including IBIT…

[ad_1] On the latest episode of the SlateCast, CryptoSlate welcomed Samson Mow, CEO and founder of Jan3, a pioneer in nation-state Bitcoin adoption. Mow, the man behind Aqua Bitcoin and the architect of the innovative Bitcoin bonds, joined Senior Editor Liam “Akiba” Wright and CryptoSlate CEO Nate Whitehill to discuss his vision of hyper-Bitcoinization. In…

[ad_1] The US and the UK signed a Memorandum of Understanding (MOU) to develop standards for AI Safety on April 1. The agreement aims to develop and iterate “robust suites of evaluations” for AI models, systems, and agents through coordinated scientific approaches. The two countries will specifically conduct at least one joint testing exercise on…

[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] A recent report by Coinbase has brought attention to the burgeoning restaking sector within Ethereum’s DeFi landscape, pinpointing a series of potential risks that could accompany its growth. While restaking has quickly become a critical component of Ethereum’s infrastructure, concerns surrounding financial and security vulnerabilities have emerged. Restaking challenges Restaking involves validators earning rewards…

[ad_1] Quick Take With the halving event looming roughly 18 days away, Bitcoin is showing a predictable downturn. It has dipped below $65,000, marking a 12% decline from its all-time high and nearly 10% lower since the beginning of April. In a pattern reminiscent of March, when Bitcoin reached its peak, it promptly retreated to…