Tag: Cryptoslate

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Ethereum futures hit record highs following spot ETF approval

While the approval of spot Ethereum ETFs in the US failed to trigger a massive rally for ETH, it sparked a significant surge in the derivatives market The approval of spot ETFs was hailed as a major

ZKasino resurfaces with promises of returning investor funds but skepticism abounds

ZKasino, a DeFi platform recently embroiled in controversy, announced that it will return stolen funds to its investors at a 1:1 ratio The platform, which Dutch authorities recently charged with

Court dismisses Debt Box case without prejudice, imposes over $1.8 million in fines on SEC

The US District Court for the District of Utah has dismissed the SEC’s case against DEBT Box without prejudice and imposed over $18 million in fines against the watchdog for bad faith conduct

Riot offers $950 million to buyout Bitfarms in hostile takeover amid CEO controversy

Riot Platforms has announced a proposal to acquire Bitfarms for approximately $950 million, reflecting a 24% premium to Bitfarms’ one-month volume-weighted average share price as of May 24

FTX’s Ryan Salame to serve 7.5 years in prison

The US DOJ sentenced former FTX executive Ryan Salame to 90 months, or 75 years, in prison on May 28 The New York Times reported that Salame will surrender on Aug 29 His lawyers aim to have Salame

Metaplanet to invest additional ¥250 million in Bitcoin amid staggering stock growth

Japan-based Metaplanet has announced plans to purchase an additional Â¥250 million (approximately $16 million) worth of Bitcoin The move has been approved by the company’s board and continues

First-ever Bitcoin mining derivative product goes live on a regulated US exchange

Luxor Technology and Bitnomial launched the first fully regulated Bitcoin mining derivative product for trading in the US on May 28 The new product — dubbed Bitcoin Hashrate Futures — aims to

Semler Scientific embraces Bitcoin treasury strategy, shares surge 25%

Quick Take Semler Scientific (NASDAQ: SMLR), a leading developer and marketer of technology products and services for combating chronic diseases, has unveiled the purchase of 581 Bitcoins for a total

Ethereum Name Service proposes ENSv2 upgrade to tap into booming layer 2 networks

ENS Labs, a non-profit organization responsible for the Ethereum Name Service (ENS), has proposed an ENSv2 upgrade that would facilitate the protocol’s migration into a layer 2 network,

TRON Network Officially Supported By LayerZero

Geneva, Switzerland, May 28, 2024 – The TRON DAO has officially announced LayerZero support for the TRON blockchain, making TRON the second non-EVM chain to be integrated into LayerZero’s

Halving of BTFS Storage Rewards

Singapore, May 28, 2024 –To sustain the growth and success of the BitTorrent ecosystem, BTFS is set to implement a halving on the next round of rewards for storage miners on the BTFS network From

Dune launches enterprise solution Catalyst to streamline blockchain data integration

Dune, a prominent web3 data analytics platform, has introduced Dune Catalyst, an enterprise solution designed to streamline blockchain data integrations This new offering aims to assist blockchain