Tag: Cryptoslate
Blockchain
Ark ARKB’s $133.1 million surge leads Bitcoin ETFs to inflows
Quick Take According to data from Farside, Bitcoin (BTC) exchange-traded funds (ETFs) witnessed an inflow of $1005 million This marks the largest inflow into these ETFs since May 6 and represents a
Blockchain
Avara to launch Lens Network on zkSync to expand on success of Lens Protocol
Building on the success of Lens Protocol, Lens Lab, an entity under Avara, has announced the Lens Network, a blockchain-based network aimed at transforming the future of social media interactions
Blockchain
DeFi protocols Sonne Finance and ALEX Lab lose over $24 million in separate hacks
At least two DeFi projects were targeted by significant exploits in the early hours of today, resulting in millions of dollars in losses Sonne Finance exploited Decentralized liquidity provider Sonne
Blockchain
Coinbase records third-largest Bitcoin outflow of 2024, totaling nearly $1 billion
Quick Take Two transactions originating from Coinbase cold storage were detected around 3 am GMT on May 15 Each transaction involved 8,000 Bitcoin, totaling $49396 million Together, these
Blockchain
Oklahoma signs bill into law protecting crypto spending, mining, and self-custody
Oklahoma has signed into law a bill protecting crypto-related rights The Oklahoma State Legislature website indicates Governor Kevin Stitt approved HB 3594 on May 13 The bill comes into effect on Nov
Blockchain
Polkadot funds $600k project to introduce smart contracts, boosting blockchain capabilities
The Polkadot Governance Community has approved approximately $600,000 for Pop Network’s R0GUE team to develop smart contracts that integrates the blockchain network’s native DOT token Smart
Blockchain
State of Wisconsin Investment Board, Titan Global invest in spot Bitcoin ETFs
The State of Wisconsin Investment Board (SWIB) and others reported investments in spot Bitcoin ETFs In a May 14 filing, SWIB disclosed 25 million shares of BlackRock’s IBIT worth $991 million
Blockchain
TRON DAO Adds Google Cloud as a Super Representative Candidate on the TRON Blockchain
Geneva, Switzerland, May 14th, 2024 – TRON DAO today announced that Google Cloud has joined its roster of Super Representative candidates on the TRON blockchain Super Representatives are
Blockchain
Crypto community outraged as court jails Tornado Cash developer for over five years
A Dutch court has sentenced Alexey Pertsev, a developer involved with Tornado Cash, to 64 months in prison He was convicted of laundering $12 billion in crypto through the Tornado Cash mixer between
Blockchain
Bitcoin’s tight correlation with US equities highlights market anticipation of CPI data release
Quick Take Bitcoin remains the primary indicator of global liquidity, with its price movements often preceding those of other risk-on assets This dynamic was evident in the recent market cycle, as
Blockchain
Breaking down Ethereum rollups – What makes a rollup optimistic vs zero knowledge?
Ethereum, the world’s second-largest blockchain network, persistently grappling with scalability issues due to its popularity and increased network congestion, has had the concept of Layer 2
Blockchain
Roaring Kitty’s return triggers meme coin surge and GameStop stock spike
The meme coin sector emerged as a rare winner the past day despite the broader market drawdown that pushed prices of major digital assets like Bitcoin down These meme assets’ upsurge can be
