Top global crypto exchange Binance is now officially working on integrating Bitcoin (BTC) deposits and withdrawals via the Lightning Network. The Lightning Network is a layer-2 scaling solution built on top of Bitcoin that aims to enable instant and cost-effective transactions for BTC. Binance first revealed plans to integrate Lightning Network in May after inconveniencing …
Monthly archives: June 2023
Radius Raises $1.7 Million in Pre-Seed Funding To Pioneer Trustless Shared Sequencing Layer
June 22, 2023 – San Francisco, California Cutting-edge blockchain company, Radius, which is pioneering the trustless shared sequencing layer, has announced that it has raised a pre-seed investment of $1.7 million. The funding round was led by Hashed, with participation from Superscrypt, Lambdaclass (Ergodic Fund) and Crypto.com. As rollups become more popular choices for many …
‘Bitcoin only’ buy-and-hold investment strategy outperforms altcoins over the long term — Analysis shows
Historical data shows that apart from a few times since 2015 when altcoins outperformed BTC, a ‘Bitcoin only’ investment strategy has fared considerably well. Markets News Join us on social networks Altcoins offer diverse, innovative features, promising technological advancements, and potentially lucrative investment opportunities. Many-a-time specific altcoins post handsome gains that surpass Bitcoin (BTC), popularly …
Google launches ‘Anti Money Laundering AI’ after successful HSBC trial
Google claims the new tools are far more efficient than traditional rules-based approaches at detecting money laundering at scale. News Join us on social networks Google Cloud recently announced the launch of its “Anti Money Laundering AI” (AMLAI) service after a successful trial with London-based financial services group HSBC. AMLAI uses machine learning to create …
Continue reading “Google launches ‘Anti Money Laundering AI’ after successful HSBC trial”
BlackRock Bitcoin spot ETF nod ‘unlikely in near term’ — QCP Capital
Bitcoin spot ETFs face a brick wall, at least for the time being, from SEC Chair Gary Gensler, new research concludes. Markets News Join us on social networks Bitcoin (BTC) will unlikely see its first spot price exchange-traded fund (ETF) in the United States soon. That is the opinion of trading firm QCP Capital, which …
Continue reading “BlackRock Bitcoin spot ETF nod ‘unlikely in near term’ — QCP Capital”
BitGo terminates acquisition of Prime Trust
The acquisition was called off two weeks after BitGo publicly disclosed its non-binding letter of intent to acquire Prime Trust. News Join us on social networks On June 22, wallet infrastructure provider and digital asset custodian BitGo announced on Twitter that it had decided to cancel its acquisition of fintech infrastructure provider Prime Trust. According …
Continue reading “BitGo terminates acquisition of Prime Trust”
Yield Platform Haru Invest Offloads 100 Staff After Pausing Withdrawals
Summary: The South Korean crypto firm will fire 100 employees by Friday as the platform faces uncertain times, Haru Invest CEO Lee Hyung-soo said on a video call. Haru Invest paused withdrawals earlier this month and evacuated its office due to an “internal situation”, per CoinDesk Korea. Co-founder Eunkwang Joo tweeted that the crypto yield …
Continue reading “Yield Platform Haru Invest Offloads 100 Staff After Pausing Withdrawals”
Short-term Bitcoin holders signal positive market momentum as BTC breaks $30K
What is CryptoSlate Alpha? A web3 membership designed to empower you with cutting-edge insights and knowledge. Learn more › Connected to Alpha Welcome! 👋 You are connected to CryptoSlate Alpha. To manage your wallet connection, click the button below. Oops…you must lock a minimum of 20,000 ACS If you don’t have enough, buy ACS on …
Continue reading “Short-term Bitcoin holders signal positive market momentum as BTC breaks $30K”
IMF warns banning crypto may not be an effective long-term strategy
What is CryptoSlate Alpha? A web3 membership designed to empower you with cutting-edge insights and knowledge. Learn more › Connected to Alpha Welcome! 👋 You are connected to CryptoSlate Alpha. To manage your wallet connection, click the button below. Oops…you must lock a minimum of 20,000 ACS If you don’t have enough, buy ACS on …
Continue reading “IMF warns banning crypto may not be an effective long-term strategy”
BitGo backs out of deal to acquire Prime Trust
What is CryptoSlate Alpha? A web3 membership designed to empower you with cutting-edge insights and knowledge. Learn more › Connected to Alpha Welcome! 👋 You are connected to CryptoSlate Alpha. To manage your wallet connection, click the button below. Oops…you must lock a minimum of 20,000 ACS If you don’t have enough, buy ACS on …
Continue reading “BitGo backs out of deal to acquire Prime Trust”
MicroStrategy becomes profitable on Bitcoin bet as BTC surges past $30k
What is CryptoSlate Alpha? A web3 membership designed to empower you with cutting-edge insights and knowledge. Learn more › Connected to Alpha Welcome! 👋 You are connected to CryptoSlate Alpha. To manage your wallet connection, click the button below. Oops…you must lock a minimum of 20,000 ACS If you don’t have enough, buy ACS on …
Continue reading “MicroStrategy becomes profitable on Bitcoin bet as BTC surges past $30k”
Twitter is buzzing with speculation over BlackRock’s motives as it moves toward crypto
On June 15, BlackRock, the world’s largest asset manager, filed a spot Bitcoin ETF application with the SEC during a period of low market sentiment following the regulator’s enforcement actions against Binance and Coinbase over alleged securities law violations. An institution of BlackRock’s stature expressing interest in the market has shown itself to be a …
Bitcoin trades at $500 discount on Binance.US amid liquidity crisis
What is CryptoSlate Alpha? A web3 membership designed to empower you with cutting-edge insights and knowledge. Learn more › Connected to Alpha Welcome! 👋 You are connected to CryptoSlate Alpha. To manage your wallet connection, click the button below. Oops…you must lock a minimum of 20,000 ACS If you don’t have enough, buy ACS on …
Continue reading “Bitcoin trades at $500 discount on Binance.US amid liquidity crisis”
CME sees Bitcoin open interest grow by over 5k
What is CryptoSlate Alpha? A web3 membership designed to empower you with cutting-edge insights and knowledge. Learn more › Connected to Alpha Welcome! 👋 You are connected to CryptoSlate Alpha. To manage your wallet connection, click the button below. Oops…you must lock a minimum of 20,000 ACS If you don’t have enough, buy ACS on …
Continue reading “CME sees Bitcoin open interest grow by over 5k”
Powell Stresses Importance of Federal Oversight for Stablecoins, Affirms Crypto’s Lasting Influence
Federal Reserve Chair Jerome Powell has emphasized the importance of strong federal oversight for stablecoins and recognized the enduring presence of cryptocurrencies in the U.S. […] Go to Source