News

Bitdeer’s stock climbs after revealing 570 MW expansion in Ohio

Bitcoin miner Bitdeer has announced a 570 MW strategic partnership with the Monroe County Port Authority in Ohio to boost its power capacity, according to a June 28 statement shared with CryptoSlate. Under this arrangement, Bitdeer will lease the land in the county’s Hannibal Industrial Park in Clarington for 30 years. The site is a […]
The post Bitdeer’s stock climbs after revealing 570 MW expansion in Ohio appeared first on CryptoSlate.
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Cryptocurrency
28 Jun 2024

Industry experts challenge Peter Thiel’s reservations about Bitcoin’s future price potential

Peter Thiel, former PayPal CEO and co-founder of Founders Fund, recently expressed doubt about Bitcoin’s future price potential, stating it is unlikely to increase “dramatically” from its current levels. However, several industry experts challenge Thiel’s viewpoint, arguing that the flagship crypto still has significant room for growth. Bitcoin was trading at $60,300 as of press […]
The post Industry experts challenge Peter Thiel’s reservations about Bitcoin’s future price potential appeared first on CryptoSlate.
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Cryptocurrency
28 Jun 2024

SEC looks to end Ethereum staking through MetaMask in new lawsuit

The SEC has filed a new lawsuit against Consensys for alleged violations of federal securities laws. The complaint centers on Consensys’s MetaMask wallet services, specifically the Swaps and Staking features, which the SEC claims have been operating as unregistered broker services since October 2020 and January 2023, respectively. The lawsuit follows a Wells Notice from […]
The post SEC looks to end Ethereum staking through MetaMask in new lawsuit appeared first on CryptoSlate.
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Cryptocurrency
28 Jun 2024

Curve Finance unlocks new potential with crvUSD fee switch

Curve Finance has implemented a fee switch for its crvUSD stablecoin to enhance adoption and ecosystem engagement, according to a statement released on June 28. Launched in 2023 by the DeFi protocol, crvUSD has faced adoption challenges. However, Curve noted that crvUSD has become an outstanding fee generator, outperforming all other Curve DEX pools by […]
The post Curve Finance unlocks new potential with crvUSD fee switch appeared first on CryptoSlate.
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Cryptocurrency
28 Jun 2024

FCDU Lending Increased in Q1 2024

PDate: 6/28/2024
Content: ​Outstanding loans granted by Foreign Currency Deposit Units (FCDU) of banks stood at US$16.1 billion as of end-March 2024, an increase of US$911 million or by 6.0 percent from the end-December 2023 level of US$15.2 billion as...
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News
28 Jun 2024

Residential Real Estate Prices Increase in Q1 2024

PDate: 6/28/2024
Content: ​Nationwide residential property prices rise by 6.1% YoY and 1.1% QoQ in Q1 2024Residential real estate prices of various types of new housing units in the Philippines continued to increase in Q1 2024, rising by 6.1 percent ye...
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News
28 Jun 2024