Report: L1 Blockchains Experience Slowdown in 2024 Amid Declining Activity
Layer one (L1) blockchain networks, including Ethereum, Solana, and Bitcoin, have experienced a significant reduction in onchain and market activity...
Month: September 2024
Bitcoin’s Hashrate Nears All-Time Peak Despite Difficulty Bump and Revenue Loss
Despite a bump in mining difficulty and a drop in hashprice, Bitcoin’s total hashrate is still on the rise. In...
Web3 Startup Startale Labs Secures Investment From Samsung Next Following Sony Partnership
Samsung Next has announced its investment in Startale Labs, a company at the forefront of the Web3 ecosystem. This partnership...
Converting mining sites to AI data centers isn’t seamless: Sabre56 CEO
According to CEO Phil Harvey, Bitcoin miners will average roughly $1.50 in revenue per terahash every month during the current...
EigenLayer rolls out ‘major update’ to restaking contracts
The upgrade aims to enhance rewards for restakers.
Willy Woo Updates Bitcoin Outlook, Says Bearish Chapter for BTC Moving to New Phase
Popular on-chain analyst Willy Woo is updating his outlook on Bitcoin (BTC) as he suggests the market is becoming less...
Markets Expecting Bearish September – Making It Less Likely To Happen, Say Glassnode Founders
The founders of analytics firm Glassnode say that a bearish monthly candle for Bitcoin in September is less likely than...
Crypto Exchange Hacker Moves $6,500,000 in Ethereum (ETH) to Digital Asset Mixer Tornado Cash: PeckShield
An address connected to the hack of Indian crypto exchange WazirX is suddenly moving millions of dollars in Ethereum (ETH),...
CFTC Issues Order Against Uniswap Labs for Allegedly Offering Illegal Digital Asset Derivatives Trading
The Commodity Futures Trading Commission (CFTC) is filing charges against the firm behind Uniswap (UNI), alleging that it offered illegal...
Ripple Chief Legal Officer Blasts SEC, Says Regulator Fabricated ‘Crypto Asset Security’ Term
Ripple’s chief legal officer has accused the U.S. Securities and Exchange Commission (SEC) of fabricating the term “crypto asset security.”...
Siemens and Samsung ramp up Web3 moves with digital bonds and startup investments
Two major technology companies—Siemens and Samsung—have made significant strides in the crypto sector, each advancing their involvement in different ways....
Low exchange stablecoin ratio hints at strong Bitcoin demand
What is CryptoSlate Alpha? A web3 membership designed to empower you with cutting-edge insights and knowledge, powered by Access Protocol....
Bitcoin’s 2024 hodler net position change mirrors historical cycles, signals potential price stabilization
Onchain Highlights DEFINITION:Hodler Net Position Change shows the monthly position change of long term investors (HODLers). It indicates when HODLers...
Major Swiss bank ZKB launches 24/7 Bitcoin and Ethereum trading
Switzerland’s fourth-largest bank, Zürcher Kantonalbank (ZKB), has introduced trading and secure storage for major digital assets, including Bitcoin and Ethereum,...
August production update: Marathon Digital Holdings holds 25,945 BTC
Quick Take In August, several publicly traded Bitcoin mining companies reported monthly production, reflecting slight declines in production. Marathon Digital...
