The Chinese government announced the extradition of the mastermind behind a multi-billion-dollar crypto pyramid scheme from Thailand, according to an Aug. 23 statement. The Chinese Ministry of Public Security identified the suspect as Zhang, who was extradited on Aug. 20. Zhang is accused of leading a $14 billion crypto pyramid scheme. Zhang allegedly began his …
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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 …
Continue reading “Bybit emerges as dominant exchange with $2.5 billion BTC spot volume”
On Thursday, Bitcoin network fees took a significant leap, crossing the $100 mark shortly after 8:45 a.m. EDT. However, this spike was short-lived as fees quickly dropped, settling at just $0.34 per transaction by 7 p.m. EDT. Data collected from the day’s blocks revealed that a few fortunate bitcoin miners managed to snag some blocks …
Continue reading “Bitcoin Block 857,911 Delivers $1.12M to Antpool as Miners Enjoy Fee Windfall”
Indian crypto exchange Wazirx has announced that INR withdrawals will resume in phases starting on Aug. 26, following a cyberattack that disrupted services. To manage crypto balances, Wazirx plans to implement a Singapore Scheme of Arrangement to facilitate the distribution of crypto assets. INR withdrawals will occur in two stages, allowing users to access up …
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PlayDoge’s (PLAY) presale has entered its final 72 hours – and investors are rushing to grab tokens before they hit exchanges. With the clock ticking down, everyone’s watching this meme coin meets P2E sensation that looks set to shake up the market with its retro gameplay. Last Call for Investors to Secure a Place in …
Continue reading “PlayDoge Presale Enters Final 3 Days After Raising Over $6M – Will $PLAY Explode?”
Over the past five days, the stablecoin market has continued its upward trend, increasing by $1.3 billion in value. The largest stablecoin network by market capitalization, tether (USDT), experienced an expansion of 820 million in supply during this period. Tether’s Supply Swells by 820M Amid $1.3B Stablecoin Market Boost The stablecoin economy is gaining momentum …
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On Thursday, U.S. spot bitcoin exchange-traded funds (ETFs) continued their winning streak for the sixth day in a row, amassing $64.91 million. Meanwhile, the nine spot ether ETFs experienced a modest outflow, losing $874,610. Bitcoin ETFs on a Roll With $64.91M Boost, Ether ETFs Falter In detail, Thursday saw 12 U.S. spot bitcoin ETFs once …
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The founder of cryptocurrency project Clucoin has pled guilty to wire fraud, admitting to diverting $1.14 million in investor funds for personal use, including gambling. Despite promoting the cryptocurrency for charitable causes, Taylor used his social media influence to attract investments, which he then misappropriated. He faces up to 20 years in prison. Clucoin Founder …
A closely followed crypto strategist believes that one top-10 altcoin is about to move another leg up. Pseudonymous analyst Altcoin Sherpa tells his 215,400 followers on the social media platform X that that he thinks BNB, the native asset of the DeFi protocol Binance Smart Chain, will witness higher prices this year. He also believes …
Crypto strategist Michaël van de Poppe believes that Bitcoin (BTC) is heading for new all-time highs (ATHs) if it breaks through one key level. The analyst tells his 723,200 followers on the social media platform X that if Bitcoin bounces 2.25% from its current value it could hit a new ATH by early September. “It …
TLDR: Sony Group and Startale unveil Soneium blockchain, an Ethereum layer-2 network Soneium aims to bridge Web3 innovation with mainstream consumer applications Built on Optimism’s Superchain, partnering with major Web3 companies Testnet launching soon, with plans to integrate Sony’s entertainment assets Goals include onboarding Web3 users first, then Sony products, and eventually enterprises Sony Group, …
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Cryptocurrency analyst and trader Kevin Svenson is saying that two catalysts could have bullish implications for Bitcoin (BTC). Svenson tells his 79,100 YouTube subscribers that the stock market and the global money supply are “supporting the idea of a rebound, a recovery, possibly new all-time highs” for Bitcoin. “The S&P 500 [stock index] has defied …
Sony Block Solutions Labs, a subsidiary of Sony Group, has unveiled plans to develop Soneium, an Ethereum Layer-2 network designed to accelerate blockchain technology adoption, according to an Aug. 23 statement. The layer-2 network—a result of a collaboration with blockchain infrastructure provider Startale—seeks to bridge blockchain technology (Web3) with everyday internet services. This project signals …
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Quick Take Bitcoin Bitcoin ETFs continued their positive momentum, recording their sixth consecutive trading day of inflows on Aug. 22, with a total inflow of $64.8 million. BlackRock’s IBIT led the surge, attracting $75.5 million, bringing its total net inflow to an impressive $20.6 billion. Other inflows included Fidelity’s FBTC with $9.2 million, Ark’s ARKB …
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The Brazilian Securities Regulator (CVM) approved a solana spot exchange-traded fund (ETF) on Tuesday, the second of its kind in the country. According to data from the CVM database, this new instrument will be offered by Hashdex, a Brazil-based cryptocurrency asset management company with nearly a billion in assets under management held locally, in partnership …
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