US-based crypto exchange Gemini is shutting down its trading operations in the Netherlands, which boasts the sixth-largest economy in the European Union (EU). In a new announcement, the company says that it will stop offering crypto services to the Dutch market on November 17th, due to requirements imposed by the De Nederlandsche Bank (DNB), the …
Monthly archives: September 2023
Google Cloud Now a Polygon (MATIC) Network Validator Nearly a Year After Unveiling Same Service for Solana (SOL)
Google Cloud is now an official validator for the layer-2 blockchain Polygon (MATIC) proof-of-stake (POS) network. Polygon Labs says that Google Cloud now joins more than 100 other validators in securing the Ethereum (ETH) scaling solution’s network. The project notes that “high-quality, trusted, security-minded validators like Google Cloud provide an added layer of security” for …
Brazil rolls out blockchain-based digital ID
Brazil is launching its new national identity program powered by blockchain technology. Rio de Janeiro, Goiás, and Paraná will be the first states to issue identification documents on-chain. News Join us on social networks Over 214 million Brazilians will soon be using blockchain technology for digital identity, the government recently announced. Rio de Janeiro, Goiás, …
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Flood of Ethereum Futures Exchange-Traded Funds Could Launch on Monday, According to Bloomberg ETF Analyst
A Bloomberg exchange-traded fund (ETF) analyst says that the market could be inundated by Ethereum (ETH) futures ETFs starting on October 2nd. In a new thread on the social media platform X, Bloomberg ETF analyst James Seyffart notes that nine different ETH-based futures ETFs are set to potentially launch on Monday, adding that it will …
Expect new crypto regulations to follow Bitcoin ETFs
Will Bitcoin ETFs attract more regulatory attention to the crypto industry? We can only hope, because many questions need to be answered. Opinion Join us on social networks Aside from liquidity, what do institutions bring to crypto? What precisely is their value added? This is an instructive question to ponder, because there is little consensus …
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VanEck to donate 10% profits from Ether ETF to core developers
The Protocol Guild, a team of over 150 Ethereum core developers, will be the beneficiary. VanEck argues that asset managers should give back some Ether ETF proceeds to the community. News Join us on social networks Global asset manager VanEck will donate 10% of all profits from its upcoming Ether futures exchange-traded fund (ETF) to …
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Bitwise joins growing list of Ethereum ETF managers
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 …
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Op-ed: Why Worldcoin fails to strike the balance between progress and privacy
The following is a guest post from Philippe Desmarais, CEO at Kelvin Zero. Want to have your retina scanned by a metal orb owned by a private company that shares the same founder as OpenAI, for some crypto and a digital World ID? Only weeks after Worldcoin launched, over two million people said “yes.” Did …
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Bitcoin Could Benefit if an Economic Recession Hits, Says Fidelity Investments Macro Analyst – Here’s Why
Fidelity Investments’ global macro director Jurrien Timmer says that a recession could spark a big rally for Bitcoin (BTC). Timmer tells his 167,000 followers on the social media platform X that current high-interest rates need to decline for Bitcoin to put up big gains. “What will keep driving it? First, the macro narrative needs to …
Crypto Trader Says One Mid-Cap Altcoin ‘Looks Very Healthy’, Updates Outlook on Bitcoin, Ethereum and Solana
A popular cryptocurrency trader believes that one mid-cap altcoin project is showing high growth potential. Pseudonymous crypto analyst Altcoin Sherpa tells his 196,400 followers on the social media platform X that decentralized derivatives exchange Injective (INJ) is forming a bullish pattern. “INJ: high timeframe higher low [price] is here. This looks very healthy. I think …
AI tech boom: Is the artificial intelligence market already saturated?
The AI sector has seen rapid investment over the last two years, but does that mean the market is overheated? Analysis Join us on social networks From voice assistants to algorithms predicting global market trends, artificial intelligence (AI) is seeing explosive growth. But as with any emerging technology, there comes a point where innovation risks …
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Bitcoin price posting best September since 2016 as BTC sellers eye $27.5K
Bitcoin remains on track to produce surprisingly solid September performance, but BTC price remains down over 11% in Q3. Market Update Join us on social networks Bitcoin (BTC) bulls lost their grip on $27,000 into Sept. 30 as the monthly and quarterly close loomed large. BTC/USD 1-hour chart. Source: TradingView Bitcoin braces for three key …
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Coinbase CEO Brian Armstrong Says the US Needs Crypto Regulatory Clarity To Maintain the Dollar-Based Soft Power
Coinbase CEO Brian Armstrong says that it is “really imperative” for the US to have a regulatory framework for crypto assets. Armstrong says in a new CNBC interview that the US is an exception among other major economies with regard to achieving regulatory clarity for crypto. According to the Coinbase CEO, the US has a …
Leased proof-of-stake (LPoS), explained
Understanding leased proof-of-stake LPoS is a type of PoS meant to increase mining power, address inherent issues found in PoW, and improve other types of PoS, such as delegated proof-of-stake (DPoS). Regular cryptocurrency users have probably come across the term proof-of-stake (PoS) when dealing with crypto staking, but what is leased proof-of-stake (LPoS), and is …
FTX hacker’s wallet stirs as Ethereum ETFs prepare for US debut
The data reveals two transactions where the exploiter moved 2,500 ETH, each valued at $4 million. News Join us on social networks Almost a year after the FTX hack of $600 million in tokens, on-chain data revealed recent activity in the perpetrator’s wallet, identified as 0x3e957, on Saturday, Sept. 30, 2023. This is occurring closely …
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