A Whooping 56% Of OP Max Supply Not Assigned, What Does This Mean?

According to Token Unlocks, a platform that tracks upcoming unlocking events, 56% of all the OP token maximum supply is in the to-be-discussed (TBD) allocation, meaning the community is yet to vote and determine where these tokens will be assigned to in the coming weeks or months. This news is a curious development, especially for …

When Is the Next BTC Halving Date? Bitcoin Halving Guide

Guide: What Is The Bitcoin (BTC) Halving? The anticipation around the next BTC halving is palpable among investors and cryptocurrency enthusiasts alike. This process, which slashes the reward for mining Bitcoin transactions in half, is a pivotal event for the economy of the flagship cryptocurrency. The next BTC halving date is not just a mark …

NEAR Foundation And Eigen Labs Team Up To Improve Web3 Transactions On Ethereum Rollups

The NEAR Foundation has announced a strategic partnership with Eigen Labs, a startup focused on building the Ethereum restaking protocol Eigen Layer.  While addressing the challenges of liquidity fragmentation between Layer 2 (L2) solutions, the collaboration aims to reinvent Ethereum (ETH) roll-up transactions, making them “more cost-effective and efficient.” Rapid And Affordable Ethereum Transactions?  In …

Ethics watchdog rats out Circle for links to Tron in letter to Sens. Warren, Brown

The Campaign for Accountability wanted to let the anti-crypto senators know that the threat of terrorist financing with crypto was worse than they thought. News Join us on social networks Nonprofit ethics group Campaign for Accountability (CfA) sent a letter to U.S. Senators Elizabeth Warren and Sherrod Brown on Nov. 9 to present them with …

Tron Founder Justin Sun Offers 5% Cut to Hacker After Poloniex Crypto Exchange Loses $125,000,000 in Cyber Heist

Tron (TRX) founder Justin Sun is offering a 5% white hat bounty to the hacker who exploited the exchange Poloniex for $125 million in crypto. Sun, who acquired Poloniex in 2019, says that the hacker has a week to accept the offer and return the assets to the wallets he took them from, otherwise, law …

Coinbase rolls out on-chain credential verification

Coinbase announced a feature on Nov. 9 that allows users to attest their account and country credentials on-chain and access additional benefits. Coinbase’s help pages indicate that issued verifications are meant to serve as a “trusted badge” that grants access to on-chain apps and benefits. Coinbase said that verification will initially provide users with a …

Microsoft briefly blocks ChatGPT for its employees, attributing error to systems test

Microsoft briefly prevented its employees from using ChatGPT and other artificial intelligence (AI) tools on Nov. 9, CNBC reported on the same day. CNBC claimed to have seen a screenshot indicating that the AI-powered chatbot, ChatGPT, was inaccessible on Microsoft’s corporate devices at the time. Microsoft also updated its internal site, stating that due to …

SafeMoon CEO John Karony’s bail postponed while courts assess level of flight risk

According to court documents dated Nov. 9, a judge has partially granted U.S. prosecutors’ request to counter the bail of John Karony, the CEO of crypto platform SafeMoon. A filing from New York prosecutors indicates that a Utah magistrate judge, Daphne A. Oberg, issued Karony’s release order on Nov. 8. Karony’s bail included a $500,000 …

Binance to halt ruble deposits effective Nov. 15

Binance, one of the world’s leading cryptocurrency exchanges, has announced it will halt Russian ruble (RUB) deposits, effective Nov. 15, 2023. According to the announcement, despite the cessation of deposits, withdrawals of Russian rubles will continue to be available until January 31, 2024, ensuring users have ample time to manage their holdings. Users holding a …

JPMorgan launches programmable payments on JPM Coin

Wall Street giant JPMorgan has officially launched programmable payment functionality on its institutional blockchain platform, JPM Coin, according to Onyx head of coin systems Naveen Mallela. Mallela said the new solution is a “holy grail” for the JPM Coin platform and expects it to open a new frontier in digital finance. The bank announced the …

Crypto asset inflows top $1B as Bitcoin ETF optimism grows

Inflows into crypto asset investment products have surpassed $1 billion this year due to the prevailing optimism surrounding the possible approval of a spot Bitcoin exchange-traded fund approval (ETF), according to CoinShares Senior Analyst James Butterfill. Butterfill, citing data from CoinShares, revealed that crypto investment products attracted $226.4 million in inflows this week, sustaining the …

Bitcoin options open interest soars to unprecedented $18 billion

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 …

Under-the-Radar Altcoin Explodes by More Than 711% in the Past Two Weeks Amid New Perpetual Contract Listings

An under-the-radar altcoin has exploded by more than 711% in the past two weeks amid a couple of new perpetual contract listings and a favorable crypto market environment. Gas (GAS), the utility token for the smart contract platform NEO (NEO), is trading at $23.14 at time of writing, up from $2.85 two weeks ago. The …

Crypto Analyst Pegs Bitcoin (BTC) Bull Market Progress, Says Litecoin (LTC) Could Be Facing ‘New Resistance’

A widely followed crypto trader says Bitcoin (BTC) has officially broken out from an accumulation range. Pseudonymous crypto analyst Rekt Capital tells their 366,900 followers on the social media platform X that BTC is now approaching the bull market’s first major resistance. “Several months later and BTC has completely broken out from its Accumulation Range This Accumulation …

UK Law Enforcement Works With Kraken To Recover Nearly $2,320,000 Worth of Stolen Crypto for Fraud Victims

Police officers in the UK targeting cross-border crimes say that they have worked with US-based digital asset exchange Kraken to return the stolen assets of crypto theft victims. According to the South East Regional Organised Crime Unit (SEROCU), Wybo Wiersma, from the Netherlands, created the fraudulent website iotaseed.io to generate what his victims believed were …

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