The fund cited “ongoing and threatened litigation” in its reasons for being unable to distribute its remaining assets to UST users starting with the smallest HODLers. The Luna Foundation Guard, or LFG, a fund focused on the Terra ecosystem, has said it cannot provide a timeline to distribute assets to users following stablecoin TerraUSD depegging …
Continue reading “Distribution of assets is ‘not possible at this time’, says Luna Foundation Guard”
New crypto market trends are starting to emerge now that Bitcoin and equities markets move closer to make-or-break levels, which will determine the markets’ direction. This week, Bitcoin (BTC) raised investors’ hopes and then left them high and dry again. Traders placed a majority of their attention on BTC price pushing through a long-term descending …
Continue reading “Bitcoin price finally made a move, and fireworks are sure to follow”
Amid the bear market, positive signs of crypto adoption continue to emerge. Also, Elon Musk is finally moving ahead with plans to acquire Twitter. For all the doom and gloom surrounding crypto markets these days, there’s plenty to be excited about. Institutional investors are still actively buying Bitcoin (BTC), venture capital is still investing heavily …
Continue reading “Crypto Biz: NYDIG stacks sats, Elon buys Twitter”
The Bitcoin price prediction shows that BTC may fall below the 21-day moving average if it touches the support of the $19,000 level. Bitcoin Prediction Statistics Data: Bitcoin price now – $19,455 Bitcoin market cap – $372.6 billion Bitcoin circulating supply – 19.1 million Bitcoin total supply – 19.1 million Bitcoin Coinmarketcap ranking – #1 …
In the latest episode of SlateCast, Akiba spoke with the CEO of CoDe Tech about the future of blockchain technology. CoDeTech is a futuristic web3 company that doesn’t think web3 is good enough. Commenting on Ethereum’s current status as an example, CoDeTech‘s CEO, Ockert “Okkie” Loubser, said: “The biggest problem is most of it is …
The biggest news in the cryptosphere for Oct.7 includes Binance fixing the BSC bridge exploit after 2 million BNB were stolen, Bitcoin’s sinking following new U.S. payroll data, and the second group of attackers taking advantage of the BSC bridge exploit to steal over 60 ETH from Binance by creating a coin. CryptoSlate Top Stories …
The RBI released a concept paper that outlined its motivation, design choices, and technological considerations for the pilot phase of the CBDC project. 2 min read Updated: October 7, 2022 at 8:09 pm Cover art/illustration via CryptoSlate The Reserve Bank of India (RBI) is finalizing plans to kickstart the pilot phase leading to the issuance …
Continue reading “Reserve bank of India outlines CBDC blueprint”
LFG reiterated that its goal is to distribute its remaining assets to small $UST holders. 1 min read Updated: October 7, 2022 at 7:48 pm Cover art/illustration via CryptoSlate Luna Foundation Guard (LFG) tweeted Oct. 7 that its effort to distribute the remaining assets of the failed Terra ecosystem to the token holders has been …
Khuu received Bitcoin as payment from selling counterfeit drugs and controlled substances on the dark web market. 1 min read Updated: October 7, 2022 at 8:02 pm Cover art/illustration via CryptoSlate The U.S. Department of Justice (DOJ) has indicted California-based John Khuu for allegedly laundering $5.4 million in proceeds from drug trafficking by using Bitcoin. …
Continue reading “US DOJ charges man for using BTC to launder $5.4M in drug trafficking money”
Decentralized protocol Sushiswap (SUSHI) has seen the price of its native token jump by over 19% in the last 30 days to $1.38 At least one technical analyst on Twitter believes the recent positive momentum surrounding the protocol could be the catalyst that pushes it above $1.5 for the first time since it dropped below …
Continue reading “Sushi price rises 6.6% following $5.3M investment from GoldenTree”
Google, the web search and software monolith, has announced that it will require authorization from government entities to lend advertising services to financial companies in Spain. This measure, which was also implemented in the U.K. back in 2021, is expected to be extended to more countries in coming months. Google to Require Government Authorization of …
On Friday, October 7, 2022, the precious metals gold and silver dropped in U.S. dollar value following the recent U.S. jobs report for September. The USD value of gold per troy ounce is awfully close to slipping below the $1,700 range, while the price of silver is teetering near the $20 threshold. Precious Metals Price …
On October 7, 2022, a bitcoin supporter named Jim Blasko explained that he discovered the oldest upload of Bitcoin’s version 0.1 codebase. The original code was thought to have been lost for more than a decade and with a “little browser hacking” Blasko was able to find the lost version 0.1 raw data and files …
The 1Inch price prediction shows that 1INCH is facing the upside as the coin moves to break above the upper boundary of the channel. 1Inch Prediction Statistics Data: 1Inch price now – $0.61 1Inch market cap – $360.7 million 1Inch circulating supply – 583.8 million 1Inch total supply – 1.5 billion 1Inch Coinmarketcap ranking – …
Continue reading “1Inch Price Prediction for Today, October 7: 1INCH Spikes above $0.65 Level”
Crypto asset management giant Grayscale is rolling out a new investment product focusing on Bitcoin (BTC) mining. According to a new press release, the company now offers private investment in Bitcoin mining hardware through the Grayscale Digital Infrastructure Opportunities LLC (GDIO). Explains Grayscale chief executive Michael Sonnenshein, “Grayscale’s unique position at the center of the …
