Tag: Cryptoslate
Blockchain
Nearly three-quarters of organizations now use AI, breaking adoption stagnancy: McKinsey
A new survey reveals that 72% of organizations have adopted AI in at least one area as of March 2024, according to a new survey conducted by McKinsey on May 30 Meanwhile, roughly 50% of all
Blockchain
Bitcoin realized cap approaches $600 billion, signals rising investor confidence post-halving
Onchain Highlights DEFINITION: Bitcoin’s realized cap highlights the Realized Cap values of different parts of the supplies at various prices (instead of using the current daily close)
Blockchain
More US states expected to follow Wisconsin’s lead by investing in spot Bitcoin ETFs
Marquette University professor emeritus David Krause told PBS Wisconsin on May 31 that other US states could follow Wisconsin in investing in spot Bitcoin ETFs Krause called Bitcoin a “good
Blockchain
Bitcoin active addresses plummet to five-year low
Onchain Highlights DEFINITION: Bitcoin’s active addresses are the number of unique addresses that were active in the network, either as a sender or receiver Only addresses that were active in
Blockchain
Coinbase CEO calls on crypto community to vote out anti-crypto politicians
Coinbase CEO Brian Armstrong has called for a concerted effort to secure regulatory clarity for the crypto industry by supporting pro-crypto political candidates and voting out anti-crypto incumbents
Blockchain
Binance to limit unregulated stablecoins in EU ahead of new crypto rules
Binance will limit the availability of “unregulated stablecoins” in the EU by June 30, aligning with the upcoming Markets in Crypto-Assets Regulation (MiCA), according to a statement
Blockchain
Bitcoin hash rate plummets to 567 EH/s: steepest 7-day decline since July 2021
Quick Take A recent analysis by CryptoSlate indicates that Bitcoin miners continue to capitulate, as evidenced by the hash ribbon metric Glassnode data shows that the current hash rate, observed on a
Blockchain
Michael Saylor and MicroStrategy settle $40 million tax fraud case without admission of guilt
Washington, DC Attorney General Brian Schwalb announced a historic $40 million tax fraud recovery settlement with Michael Saylor and his company, MicroStrategy, according to a June 3 press release
Blockchain
US leads $2 billion May crypto inflow while Ethereum ETF sparks investor interest
Global digital asset investment products recorded their fourth consecutive week of inflows, totaling $185 million, according to CoinShares’ weekly report The report stated that these inflows
Blockchain
OKX user claims to have lost $2 million in deep fake AI scam
A user known as “来日方长” (The Future is Long) has reported a significant security breach involving their OKX account, resulting in a loss exceeding $2 million According to
Blockchain
Monochrome to launch Australia’s first spot Bitcoin ETF tomorrow
Quick Take The Monochrome Bitcoin ETF (IBTC) is poised to make history as Australia’s first spot Bitcoin ETF, set to launch on June 4, 2024 Trading on Cboe Australia is scheduled to begin at
Blockchain
Bitcoin flirts with $70,000 as digital assets face $156 million in liquidations in past 24 hours
Quick Take Bitcoin continues to make headlines as it flirts with the $70,000 mark Earlier today, it briefly surpassed $70,200 just before the US markets opened before retreating back to around
