Tag: Cryptoslate
Blockchain
FTX creditor group files objection against bankruptcy reorganization plan
A group of FTX creditors led by Sunil Kavuri has objected to the reorganization plan filed by the defunct exchange’s bankruptcy managers According to a June 5 court filing, the creditors argued
Blockchain
StanChart predicts new ATH on favorable payroll data, maintains $150k per token outlook
Bitcoin is poised to reach a new all-time high this weekend if upcoming payroll data on June 7 is favorable, according to Standard Chartered’s head of crypto research Geoffrey Kendrick
Blockchain
MicroStrategy faces highest institutional net short positions among crypto-related firms
Quick Take Analyzing institutions’ net short positions can reveal crucial insights into market sentiment and potential volatility For instance, examining the net short positions on
Blockchain
Web3 gaming platform Sandbox drops valuation by $3 billion as it raises $20 million
The Sandbox, a subsidiary of Animoca Brands, has announced a $20 million funding round at a $1 billion valuation cap aimed at expanding its creator economy within the open metaverse This strategic
Blockchain
Despite heavy outflows, CEXs continue to be pillars of liquidity
Centralized exchanges are the primary gateways for traders to buy and sell crypto Despite the significant rise in popularity and usage of decentralized exchanges (DEXs) in the past year, CEXs still
Blockchain
Minutes Network
The Minutes Network project is an ambitious initiative poised to revolutionize the call termination market by utilizing new proprietary and blockchain technology The project’s primary goal is
Blockchain
Core Scientific upholds deal with CoreWeave amid rejecting $1 billion ‘unsolicited’ buyout
Core Scientific (CORZ) has rejected an “unsolicited” $1 billion buyout offer from CoreWeave, deeming it significantly undervalued and not in the best interests of its shareholders The
Blockchain
Bitcoin mining difficulty sees second negative adjustment following April halving
Quick Take According to Newhedge, Bitcoin’s mining difficulty has decreased by -078% This is the second negative adjustment in the last four, following the Bitcoin halving on April 20 The
Blockchain
Senate bill could target crypto protocols due to broad language on digital assets
This week, a bill placed on the Senate calendar introduces several provisions that could impact digital asset protocols and tokens Although it does not explicitly ban digital asset protocols, its
Blockchain
Robinhood’s $200 million Bitstamp acquisition aims to expand global crypto footprint
Robinhood has announced its agreement to acquire global crypto exchange Bitstamp for approximately $200 million in cash The acquisition, subject to regulatory approvals and customary closing
Blockchain
Fideum CEO discusses bridging traditional finance and DeFi in Europe
In a recent episode of the SlateCast, hosted by Senior Editor Liam “Akiba” Wright and CryptoSlate CEO Nate Whitehill, Ana Plotnikova, CEO and co-founder of Fideum Group, shared her
Blockchain
NVIDIA edges closer to becoming world’s most valuable company
Quick Take On June 5, 2024, the Nasdaq and S&P 500 reached unprecedented heights, closing at 19,035 and 5,354, respectively However, the standout story of the year has been NVIDIA’s
