Cryptocurrency

New Hampshire representative proposes Bitcoin ETF investment to address state financial liabilities

New Hampshire State Representative Keith Ammon discussed the potential benefits of the state diversifying its financial reserves into Bitcoin exchange-traded funds (ETFs) in a May 12 social media post. The SEC approved trading spot Bitcoin ETFs on US exchanges in January. Since then, the products have generated huge interest, with major financial institutions like JPMorgan […]
The post New Hampshire representative proposes Bitcoin ETF investment to address state financial liabilities appeared first on CryptoSlate.

13 May 2024

‘We’re Doing it, We Believe in it’: The Sandbox’s Nicola Sebastiani on Bringing Gaming to the Metaverse

The Chief Content Officer, who is speaking at Consensus this month, says 280,000 Sandbox users are now generating creating games and experiences on the platform.

13 May 2024

Bitcoin bottomed at $56K? BTC price chart hints at breakout within days

Adding to the bullish technical formation, Bitcoin's distribution 'danger zone' has officially ended, according to popular analyst Rekt Capital.

13 May 2024

Wolverine-Themed Meme Coins Flood Market Following RoaringKitty’s Cryptic Post

A series of Wolverine-related meme coins has been minted on several networks after RoaringKitty, the personality behind the Gamestop meme stock frenzy, posted a video of the X-Men character on X.

13 May 2024

DeFi landscape shifts as Solana dethrones Ethereum in trading volume

Identifying trends in DeFi requires analyzing activity on decentralized exchanges (DEXs). These DEXs are the cornerstone of the DeFi market, at the center of DeFi activity, and the main driving force of the sector. To understand what drives DeFi, we need to look at the volume, trader activity, and variety of trading pairs on DEXs. […]
The post DeFi landscape shifts as Solana dethrones Ethereum in trading volume appeared first on CryptoSlate.

13 May 2024

Bitcoin miner Bitfarms CEO to depart immediately in response to lawsuit

Nicolas Bonta, Bitfarms co-founder and chair, will take over as interim president and CEO after Geoffrey Morphy filed a lawsuit for $27 million in damages against the mining firm.

13 May 2024

GameStop’s Halting Rally Has Crypto Howling

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13 May 2024

Antonio Juliano steps down as CEO of dYdX

The decentralized exchange is now led by Ivo Crnkovic-Rubsamen, a former trader and dYdX chief strategy officer.

13 May 2024

OKX surpasses 50% of Bitcoin Runes market share

The protocol is now an integral part of the Bitcoin ecosystem alongside Ordinals and BRC-20 tokens.

13 May 2024

China’s Digital Yuan Isn’t Taking Off Despite State Employee Salary Trial: Report

Most of the early recipients immediately transfer the digital yuan balances to their bank accounts to spend as cash.

13 May 2024

Bitcoin Miner Marathon In Talks With Kenya to Help With Its Green Energy Ambitions

Kenya's President William Ruto also wants to build a regulatory framework for crypto, with Marathon's help.

13 May 2024

Crypto Exchange Rain Hit by $14.8M Exploit: ZachXBT

Bahrain-based crypto exchange Rain fell victim to a $14.8 million exploit, according to blockchain sleuth ZachXBT.

13 May 2024

What is phishing-as-a-service (PhaaS) and how to defend against it?

Phishing-as-a-service (PhaaS) makes it easy for cybercriminals to launch sophisticated attacks. Here’s how PhaaS targets crypto users and how to safeguard your assets.

13 May 2024

DYdX Founder Antonio Juliano to Step Down as CEO of the Decentralized Exchange; Ivo Crnkovic-Rubsamen Takes Over

Juliano will become chairman and president of dYdX Trading.

13 May 2024

Trump and Biden Tied on Polymarket, Diverging From Polls

Other election contracts show a 35% chance of a Republican sweep of the presidency and both houses of Congress and a 27% chance Democrats control the Senate after the election.

13 May 2024

AI Agents Will Drive the Next Wave of Crypto Adoption

Crypto agents are here already and they will get more and more advanced until we use them to run our financial lives, says Luke Saunders, CTO at Delphi Labs.

13 May 2024

DeFi Gigabrain Tarun Chitra on ETH Staking, Restaking and Why ‘Financial Nihilism’ Is a Real Consumer Product

The Gauntlet founder talks about the state of crypto ahead of Consensus 2024.

13 May 2024

No, Hong Kong’s Crypto ETFs Aren’t Available in Mainland China

The Stock Exchange of Hong Kong (HKEX) confirmed they aren't available. Chinese authorities are wary that ETFs offer a way to bypass strict international capital controls.

13 May 2024

MoonPay donates to Coinbase’s Stand With Crypto campaign

Crypto payment firm MoonPay is among the first crypto advocates to support Coinbase-initiated pro-crypto PAC related to the upcoming U.S. election.

13 May 2024

MakerDAO and Aave’s DeFi conflict reopens over DAI’s perceived risk growth

Aave has reduced its loan-to-value requirements for DAI after MakerDAO’s stablecoin gained indirect exposure to Ethena’s USDe.

13 May 2024

Zest Raises $3.5M, Led by Tim Draper, for On-Chain Bitcoin Lending Using Stacks

The seed raise was led by billionaire investor Tim Draper with participation from Binance Labs, Flow Traders, Trust Machines and others.

13 May 2024

Solana Meme Coins, GameStop Stock Rocket as ‘Roaring Kitty’ Returns on X

Stocks related to Keith Gill surged while opportunistic developers issued scores of meme coins on various blockchains to capitalize on the hype.

13 May 2024

SoftBank subsidiary to develop semiconductor chips, reports profits after AI shift

The SoftBank-owned research and development firm Arm said it will develop its own artificial intelligence chips as its owner reports profits after shifting focus to AI.

13 May 2024

WBTC thief returns $71 million worth of stolen funds

On-chain transactions leading up to the return suggest this wasn’t a white hat hacker but a malicious actor who intended to steal the funds before investigators got involved.

13 May 2024

First Mover Americas: Bitcoin Fails to Hold $63K, May Remain Range-Bound

The latest price moves in bitcoin (BTC) and crypto markets in context for May 13, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

13 May 2024

Bitcoin Mining Difficulty Slumped Last Week in Biggest Decline Since Crypto Winter: Bernstein

Lower cost miners have increased market share since the bitcoin halving event, the report said.

13 May 2024

Japanese listed firm adds Bitcoin as reserve asset with 117 BTC

Since announcing its Bitcoin strategy in April, Metaplanet has accumulated around 117.7 BTC valued at $7.2 million.

13 May 2024

Bitcoin Below $60K Could Trigger ‘Panic’ Selling, Crypto Analyst Says

One trader said recent declines are likely related to miners' asset sell-offs and fears of tighter regulation of cryptocurrencies.

13 May 2024

Chinese Police Bust $296M Illegal Crypto-Based Currency Operation: Report

Police in Panshi City, Jilin arrested six people for running an "underground bank."

13 May 2024

Stablecoin Expansion Stalls Ahead of U.S. Inflation Data

Wednesday's U.S. CPI data is expected to show the cost of living likely increased 3.4% over the year in April, a moderation from March's 3.5%.

13 May 2024