The highly anticipated Litecoin (LTC) halving will occur later today, Aug. 2, marking the third event in the cryptocurrency’s history. According to litecoinhalving.com, the Litecoin network will reach a block height 2,520,000 around 3:16 pm UTC, reducing the block reward from 12.5 LTC to 6.25 LTC. Miners’ subsidy for solving a block is cut in …
Continue reading “Countdown to Litecoin halving today, is ‘digital silver’ ready to break out?”
Economist and crypto trader Alex Krüger says he believes one little-noticed indicator is flashing bullish for Bitcoin (BTC). Krüger tells his 156,000 Twitter followers that BTC’s realized volatility has reached a low last seen three years ago. “BTC realized volatility has not been this low since July 2020. This chart highlights every time volatility reached …
Despite increased regulatory activity, DeFi index price, led by Compound [COMP] and MakerDAO [MKR], has rallied by 56% since 11 June, Glassnode found in a new report. Glassnode’s DeFi price index tracks the performance of the top eight DeFi tokens by market capitalization. With other altcoins outperforming leading altcoin Ethereum [ETH], mostly propelled Ripple’s [XRP] …
Continue reading “COMP and MKR lead altcoin rally as regulatory uncertainty rallies”
The Securities and Exchange Commission declared HEX and two other crypto projects led by Richard Heart as unregistered securities in a lawsuit. Heart allegedly raised $1 billion from HEX, PulseChain, and PulseX since 2019, per the SEC’s claims in an Eastern District of New York court. The token is now delisted on Uniswap’s front-end interface, …
Continue reading “HEX Delisted From Uniswap UI After SEC Suit”
The co-founder of the crypto analytics firm Glassnode thinks the current macro environment offers a “perfect setup” for riskier assets like Bitcoin (BTC) to thrive. The pseudonymous analyst Negentropic tells his 55,800 Twitter followers that the U.S. Dollar Index (DXY) is losing steam, which he sees as a positive for Bitcoin. Negentropic also notes that …
A closely followed crypto analyst believes that top memecoin Dogecoin (DOGE) is now primed for a significant move to the downside following its strong performance last month. Pseudonymous analyst Rekt Capital tells his 348,900 Twitter followers that DOGE looks bearish for now after failing to take out the resistance of a falling wedge pattern. The …
Binance has refuted claims published in the Wall Street Journal that despite China’s crypto ban, the exchange has conducted billions in crypto-related business in the country. News Join us on social networks Binance has reportedly continued operations in China, despite the country’s ban on cryptocurrencies, even conducting billions of dollars worth of transactions monthly, according …
Continue reading “Mixed signals: Binance denies reports of $90 billion in crypto trades in China”
Unravel the power of NLP in spotting fake news with various techniques and real-world examples. Overview Join us on social networks The sheer volume of information produced every day makes it difficult to distinguish between real and fake news, but advances in natural language processing (NLP) present a possible solution. In today’s digital era, the spread …
Continue reading “How to detect fake news with natural language processing”
The Curve Finance exploit has created a liquidity crisis in the DeFi ecosystem, with several lending protocols rushing to minimize their exposure. News Join us on social networks Abracadabra Money, a cross-chain lending platform, has proposed increasing the interest rate on its outstanding loans to manage risks associated with its exposure to Curve DAO (CRV). The proposal …
Continue reading “Abracadabra proposes hiking loan interest rate by 200% to manage Curve risk”
A handful of United States asset managers have filed fresh applications to launch ETH futures ETFs. News Join us on social networks Six major asset managers, including Grayscale and VanEck, have filed fresh applications in a bid to launch Ether (ETH) futures exchange-traded funds (ETF) to United States customers. Separate filings submitted to the U.S. Securities and …
Continue reading “Ether ETFs pending — Grayscale, VanEck and others file SEC applications”
Worldcoin signups in Kenya were suspended on Wednesday pending investigations into privacy concerns and public risk posed by the project, said the Ministry of the Interior. Sam Altman’s iris-scanning project previously named Kenya’s capital city Nairobi as a major point of demand, garnering hundreds of thousands of sign-ups as of December 2022. France’s watchdog also …
Continue reading “Kenya Halts Worldcoin Signups Citing Public Safety”
Nvidia researchers have developed a new AI image generation technique that could allow highly customized text-to-image models with a fraction of the storage requirements. According to a paper published on arXiv, the proposed method called “Perfusion” enables adding new visual concepts to an existing model using only 100KB of parameters per concept. Source: Nvidia Research …
Continue reading “Nvidia shrinks AI image generation method to size of a WhatsApp message”
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 “Fitch downgrades US credit rating, Bitcoin peaks to $30k in stable market”
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 …
In the last three days, the DeFi sector has seen an 8% decline in the total value of locked assets (TVL), falling to $40.31 billion, as per DeFiLlama data. As of July 30, DeFi projects TVL stood at $43.81 billion but witnessed a sharp decline after malicious players attacked several Curve (CRV) pools on July …
