Market
Crypto
CryptoSlate wMarket Update: Bitcoin, Ether lead top 10 assets gain as Shappella upgrade nears
The wMarket Update condenses the most important price movements in the crypto markets over the reporting period, published 07:45 ET on weekdays.The wMarket Update condenses the most important price movements in the crypto markets over the reporting period, published 07:45 ET on weekdays.
Mining
Crypto stakeholders criticize New York Times for ‘hit piece’ on Bitcoin mining
New York Times identified 34 Bitcoin mining facilities in the US and estimated they use more than 3,900 megawatts of electricity combined.
Exchanges
Binance resolve issues impacting futures traders
Binance CEO Changpeng 'CZ' Zhao said the exchange's futures UM Rest service/API had issues that affected its user interface (UI) and API.
Crime
Terra executives made over $300M from failed project; Do Kwon owns no property in South Korea
South Korea's prosecutors efforts to freeze assets belonging to Terra founder Do Kwon has been futile because he owns no asset in the country.
CBDCs
US presidential candidate Robert Kennedy says FedNow is first step to banning Bitcoin
Robert Kennedy Jr. says central bank digital currencies (CBDCs) could lead to financial slavery and political tyranny.
Legal
Craig Wright believes Apple is in breach of his copyright to Bitcoin’s whitepaper
CryptoSlate reported that the Bitcoin whitepaper had been hosted on every Mac computer running Catalina or newer operating systems since 2020.
DeFi
zkSync helps project recover stuck $1.7M from smart contract
zkSync pointed out that the issues could have been prevented if Gemholic first deployed its contract on a testnet.
Stablecoins
Tether USDT supply reaches $80B for 1st time in almost a year
CryptoSlate's data showed that Tether's $25.05 billion trading volume in the last 24 hours is six times higher than that of its closest rival.
AI
CZ urges caution with AI, calls for ‘balance’
Over 1,000 tech leaders wrote an open letter calling for a six-month moratorium on all major AI development and training.
Regulation
Germany’s new regulation paves way for tokenized digital shares
Germany's new financial act would allow the "testing of improved transferability of crypto assets."
Exchanges
Binance cancels its Australian derivatives license
Binance abruptly closed the derivatives position for its Australian users in February, citing compliance with local laws.
Analysis
Ethereum rises against Bitcoin as shappella upgrade nears
Blockchain analytical firm Nansen says the selling pressure on Ethereum could be as high as $4.6 billion due to the upcoming upgrade.