Bitmain’s revenge, Hong Kong’s crypto rollercoaster: Asia Express

Our weekly roundup of news from East Asia curates the industry’s most important developments. Bitmain allegedly fired staff after salary complaints Bitcoin application-specific integrated circuit (ASIC) mining manufacturer Bitmain has allegedly fired three of its employees for speaking to the media regarding the withholding of salary payments by their employer.  According to local news reports on Oct. …

Reddit mods dumped tokens hours before blockchain program termination

Analysis suggests at least three Reddit moderators dumped thousands of dollars worth of Moons just minutes before the actual announcement. News Join us on social networks Popular social network platform Reddit announced the winddown of its blockchain-based community points program on Oct. 17, citing scalability issues. The announcement created controversy in the crypto community, with …

Trader Updates Outlook on Altcoin That’s Exploded 7,500%+ Year-to-Date, Says Bitcoin Could Soar by Double Digits

A widely followed crypto analyst is expressing bullish sentiment on Bitcoin (BTC) as well as a top-100 altcoin by market cap. Pseudonymous crypto trader Altcoin Sherpa tells his 196,800 followers on the X social media platform that the crypto gambling platform Rollbit (RLB) is likely to perform “pretty well” over the short term. According to …

SEC wins default judgment against Thor Technologies and founder

Thor Technologies has been instructed to pay a sum of $903,193.06, which encompasses a disgorgement of $744,555, and prejudgment interest amounting to $158,638.06. News Join us on social networks Thor Technologies, under the leadership of its founder David Chin, has faced a legal setback in an ongoing dispute with the U.S. Securities and Exchange Commission …

Unfazed Bitcoin breaks $30,000 mark, causing market liquidations

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 …

MultiversX partners with Google Cloud to boost AI and big data in Web3

In a bid to revolutionize the integration of artificial intelligence (AI) and big data in the Web3 landscape smart contract platform, MultiversX (ELGD) has announced a strategic partnership with Google Cloud. According to information shared with CryptoSlate, this strategic alliance is part of MultiversX’s extensive strategy to drive the development of blockchain-powered tools and Web3 …

Bitcoin nears $30,000 as ETF approval anticipation stirs market

Bitcoin’s (BTC) positive trading momentum has persisted this week, with a notable 5% gain in the last 24 hours, bringing its value close to the $30,000 mark, according to data from CryptoSlate. Over the past week, the leading digital currency has surged by over 10%. This surge has driven a notable $30 billion increase in …

Coinbase Chief Legal Officer predicts imminent approval of U.S. Bitcoin ETF

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 …

Op-Ed: X Community Notes are not perfect, but socializing fact-checking should be encouraged

The social media platform X, previously known as Twitter, has made strides in battling misinformation with its Community Notes feature. As the Senior Editor of CryptoSlate, my hands-on experience with this tool revealed its advantages and drawbacks in a world desperate for accurate information. Community Notes allow users to add context to potentially deceptive posts. …

Bitcoin exchange balance plummet to year-to-date low

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 …

Here’s How High BTC Could Soar if a Spot Bitcoin ETF Is Approved in the US, According to Top Crypto Analyst

A top analyst says that the flagship crypto asset could revisit levels last recorded in November of 2021 if the U.S. Securities and Exchange Commission approves a spot Bitcoin (BTC) exchange-traded fund (ETF). Pseudonymous analyst DonAlt tells 53,500 subscribers of the TechnicalRoundup YouTube channel that Bitcoin could appreciate by over 100% from the current level …

Bitcoin eyes $30K, XRP price jumps 6% after Ripple’s legal victory

Bitcoin keeps heading higher as BTC price strength flies in the face of a hawkish Fed, but concerns over a retracement are building. Market Update Join us on social networks Bitcoin (BTC) passed $29,500 on Oct. 20 after an eventful 24 hours boosted BTC price trajectory while XRP price jumped above $0.50 in response to Ripple’s big …

EtherHiding: Why hackers may prefer Binance’s BNB Smart Chain

According to cybersecurity analysts at 0xScope and CertiK, threat actors may prefer using BNB Smart Chain contracts because it’s cheaper and seen as having lower security than Ethereum. Follow up Join us on social networks Despite the name “EtherHiding,” the new attack vector that hides malicious code in blockchain smart contracts doesn’t have much to …

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