The most recent episode of the Bankless podcast discussed the potential advantages of authoritarian regimes in the 21st century. The argument stems from the idea that the Chinese and Russian governments allocate significant resources to promote their narratives while the US government takes a more hands-off approach. In the episode, hosts Ryan Sean Adams and …
Monthly archives: June 2024
BlackRock’s IBIT trading volume surges to $1.1 billion despite no inflows
Crypto derivatives markets: Bitcoin vs. Ethereum Andjela Radmilac · 2 days ago CryptoSlate’s latest market report dives deep into the theoretical and practical differences between BTC and ETH and explores their respective futures, options, and perpetual futures markets. Go to Source
Bitcoin whale pays off almost all Assange’s $500k jet fees in single transaction
Crypto derivatives markets: Bitcoin vs. Ethereum Andjela Radmilac · 2 days ago CryptoSlate’s latest market report dives deep into the theoretical and practical differences between BTC and ETH and explores their respective futures, options, and perpetual futures markets. Go to Source
Is the NVIDIA top in as Etched launches ASIC for LLMs 20x faster than H100 GPUs?
Etched is making waves in the artificial intelligence hardware space with its revolutionary new AI accelerator chip. The Silicon Valley startup, founded in 2022 by Harvard dropouts Gavin Uberti and Chris Zhu, has developed a custom application-specific integrated circuit (ASIC) called Sohu that is purpose-built to run transformer models – the architecture behind today’s most …
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Strike Expands Bitcoin and Lightning Services to the UK
Strike has announced its expansion into the United Kingdom. This move allows individuals and businesses in the UK to access Strike’s suite of Bitcoin and Lightning Network services. The features include buying, selling, sending, and withdrawing bitcoin, global payments, and more. The company’s founder, Jack Mallers, believes that bitcoin can solve some of the world’s …
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$130,000,000,000,000 Capital Rotation Coming to Bitcoin, Stocks and Gold, According to Macro Guru Luke Gromen
Veteran macro investor Luke Gromen believes that tens of trillions of dollars will move away from the US bond market and into Bitcoin (BTC), gold and stocks. In a new Kitco NEWS interview, Gromen says that he sees liquidity being drained from the $130 trillion bond market. According to the macro guru, central banks around …
STHs faced substantial losses as Bitcoin briefly fell below $60k
What is CryptoSlate Alpha? A web3 membership designed to empower you with cutting-edge insights and knowledge, powered by Access Protocol. Learn more › Connected to Alpha Welcome! 👋 You are connected to CryptoSlate Alpha. To manage your wallet connection, click the button below. Important: You must lock a minimum of 20,000 ACS If you don’t …
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CryptoQuant Integrates TRON Data to Empower Users with Enhanced Blockchain Analytics
Disclosure: This is a sponsored post. Readers should conduct further research prior to taking any actions. Learn more › Seoul, South Korea, June 26, 2024 – CryptoQuant, a leader in blockchain analytics, is excited to announce the integration of TRON data into its comprehensive analytical platform. This development is set to revolutionize how users interact …
FTX granted court approval to solicit votes on liquidation plan; some creditors continue to object
Crypto derivatives markets: Bitcoin vs. Ethereum Andjela Radmilac · 2 days ago CryptoSlate’s latest market report dives deep into the theoretical and practical differences between BTC and ETH and explores their respective futures, options, and perpetual futures markets. Go to Source
BIS urges central banks to adopt AI to mitigate economic and financial risks
The Bank for International Settlements (BIS) has called on central banks to embrace artificial intelligence (AI) in anticipation of its significant impact on the economy and financial system. In a pre-released chapter of its upcoming Annual Economic Report for 2024, the BIS emphasized that the widespread adoption of AI could affect inflation trends and urged …
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SEC chair Gensler criticizes crypto sector for non-compliance and ‘high centralization’
SEC chair Gary Gensler reaffirmed previous criticisms of the crypto industry, stating that the sector is highly centralized with “significant non-compliance” in a Bloomberg interview on June 25. He downplayed decentralization in the sector, stating that a few platforms are “centralizing and commingling things that we would never allow anywhere else.” Gensler listed specific violations …
North Korea’s Lazarus Group Exploited Defi Protocol Alex Lab for $4.3 Million, Probe Reveals
Bitcoin layer-two developer Alex Lab revealed that an investigation linked the North Korea-linked Lazarus Group to the $4.3 million exploit that occurred on May 16. Alex Lab has facilitated communication between the Singapore Police Force and relevant cryptocurrency exchanges as part of the ongoing investigation. Alex Lab Collaborates With Law Enforcement in $4.3M Hack Investigation …
India’s Digital Rupee Usage Drops Drastically After Initial Surge
India’s central bank digital currency (CBDC), the digital rupee, has experienced a significant decline in usage, decreasing to a tenth of its peak in December 2023, according to sources involved in the pilot project. The Reserve Bank of India (RBI) initially reached 1 million daily retail transactions with the digital rupee by incentivizing banks and …
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ECB Publishes Digital Euro’s First Progress Report
The European Central Bank (ECB) has published its first progress report on the digital euro preparation phase, highlighting key design features and ongoing developments. The report emphasizes high privacy standards for both online and offline payments, aiming to provide users with a cash-like level of privacy. First Progress Report on the Digital Euro Preparation Phase …
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Peter Schiff Predicts Further Bitcoin Plunge Ahead of Mt Gox Payouts — Declares BTC in Official Bear Market
Economist and gold advocate Peter Schiff has highlighted bitcoin’s recent decline, declaring the cryptocurrency “back in official bear market territory.” He predicts further bitcoin price decline before Mt. Gox creditors begin receiving their crypto payouts next month. Bitcoin Back in ‘Official Bear Market Territory’ Economist and gold bug Peter Schiff, known for his skepticism towards …