Category: Uncategorized

[ad_1] Zash, an enterprise-grade blockchain indexer, has announced a partnership with Nexo. As part of the partnership, Nexo will integrate Zash into its platform in order to develop new valuation and pricing tools for NFTs. The integration is part of Nexo’s broader push to extract more liquidity from the crypto market and expand its offering.…

[ad_1] Twitter’s crypto community has argued that PayPal’s now-canceled misinformation policy could drive more people toward crypto adoption. The policy The policy would have allowed the payments company to sanction users for misinformation by fining them up to $2,500. The firm had stated that its list of prohibited activities included “the sending, posting, or publication…

[ad_1] The Merge changed Ethereum’s consensus mechanism from Proof-of-Work to Proof-of-Stake. That means no more mining (computational calculations to solve an algorithm) to generate new blocks with transactions. Instead, the new blocks are proposed by network validators: participants that lock an amount of the network’s token (in this case, ETH) to be eligible to be…

[ad_1] Bitcoin advocates have called for the Louisiana State Treasury to buy BTC after its announcement to divest roughly $794 million held with BlackRock. It’s reported that Louisiana Treasurer John Schroder wrote to BlackRock CEO Larry Fink, expressing his dissatisfaction with the investment firm’s “woke” investment policies at the expense of destroying Louisiana’s economy. The…

[ad_1] The European Union (EU) commission has imposed a new wave of sanctions on Russia over its invasion of Ukraine, according to an Oct. 6 press statement. “(All) existing prohibitions on crypto assets have been tightened by banning all crypto-asset wallets, accounts, or custody services, irrespective of the amount of the wallet (previously up to…

[ad_1] Bankrupt bitcoin exchange Mt. Gox has released procedures for creditors to register their payment details for the subsequent release of their BTC locked for over eight years. Mt. Gox was a Japanese-based exchange that lost over 850,000 BTC in a 2011 hack. Ten years later in Nov. 2021, the exchange released a “Rehabilitation Plan”…

[ad_1] The U.S. Department of Justice (DOJ) has indicted  California-based John Khuu for allegedly laundering $5.4 million in proceeds from drug trafficking by using Bitcoin. According to the charges, Khuu sold counterfeit pharmaceutical drugs and controlled substances on dark web markets. He received BTC as payment from customers for their purchases. To convert the funds…

[ad_1] The U.S. Bureau of Labor Statistics (BLS) released non-farm payroll data for September showing employment had increased by 263,000 jobs. The U.S. unemployment rate currently stands at 3.5%, below the expected rate of 3.7%. On the release of the data, Bitcoin reacted with a 1% swing to the downside, on the 15-minute candle, to…

[ad_1] Since the beginning of the year, the traditional financial market has been on a steady downward spiral. Russia’s invasion of Ukraine seems to have acted as a spark that ignited the problems that have been piling up since the beginning of the pandemic, devastating most assets in its way. According to data from Bloomberg,…

[ad_1] The biggest news in the cryptosphere for Oct.6 includes the arrest and release of Do Kwon’s aide, the EU’s crypto sanctions on Russia, and 0.03 Bitcoin distributed to three winners by Michael Saylor through the Lightning Network.  CryptoSlate Top Stories South Korea tightens circle on Do Kwon, arrests his aide Terraform Labs founder Do Kwon’s aide Yoo…