Go here to Read this Fast! Bitcoin miner Bitfarms to acquire rival Stronghold Digital
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Bitcoin miner Bitfarms to acquire rival Stronghold Digital
Go here to Read this Fast! Sun Token and BitTorrent soar as Justin Sun’s cryptos jump
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Sun Token and BitTorrent soar as Justin Sun’s cryptos jump
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Over 800k servers at risk due to new cryptojacking malware exploiting PostgreSQL
Go here to Read this Fast! Tether to develop dirham-pegged stablecoin in UAE
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Tether to develop dirham-pegged stablecoin in UAE
Go here to Read this Fast! Examining crypto Wall Street ties: The good and the bad | Opinion
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Examining crypto Wall Street ties: The good and the bad | Opinion
Quick Take Bitcoin and the S&P 500 are currently diverging, a trend that has occurred before, most notably in 2019 leading into the COVID-19 pandemic. Back then, the S&P 500 rose from around 2,900 to 3,400, while Bitcoin fell from approximately $11,000 to below $10,000. This divergence began in June 2019, with both assets eventually […]
The post Bitcoin and S&P 500 divergence echoes pre-COVID trends, potential realignment ahead appeared first on CryptoSlate.
USDT issuer Tether plans to launch a new stablecoin pegged to the United Arab Emirates Dirham (AED) in collaboration with the Phoenix Group and Green Acorn, according to an Aug. 21 statement shared with CryptoSlate. This new asset will be a digital representation of the UAE Dirham, pegged 1:1 and backed by reserves held within […]
The post Tether expands fiat portfolio with new UAE Dirham stablecoin appeared first on CryptoSlate.
Go here to Read this Fast! Tether expands fiat portfolio with new UAE Dirham stablecoin
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Tether expands fiat portfolio with new UAE Dirham stablecoin
Onchain Highlights DEFINITION: Bitcoin OTC desk wallets hold large amounts of Bitcoin for private, off-exchange transactions between institutional and high-net-worth investors. Bitcoin’s over-the-counter (OTC) desk balances have notably increased in 2024. A significant amount of Bitcoin has been added to OTC desks over the past few months, signaling a shift towards distribution rather than accumulation. […]
The post Bitcoin OTC desk balances rise by 60,000 BTC in past 30 days appeared first on CryptoSlate.
Go here to Read this Fast! Bitcoin OTC desk balances rise by 60,000 BTC in past 30 days
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Bitcoin OTC desk balances rise by 60,000 BTC in past 30 days
Blockchain security platform Scam Sniffer reported that a crypto trader lost $55.47 million in DAI stablecoin to a phishing attack. According to the firm, the trader lost their assets after mistakenly transferring ownership of their collateralized debt position (CDP) on DeFi Saver Proxy to a malicious wallet. DeFi Saver Proxy is a proxy contract deployed […]
The post Crypto trader loses $55M in DAI to phishing attack using Inferno Drainer kit appeared first on CryptoSlate.
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Crypto trader loses $55M in DAI to phishing attack using Inferno Drainer kit
Quick Take Matthew Sigel, head of digital assets research at VanEck, noted the institutional ownership in Bitcoin ETFs, reflecting the growing interest in these financial instruments. A breakdown of institutional ownership percentages in Bitcoin ETFs shows that Wisdom Tree (BTCW) leads with 92%, followed by Coinshares Valkyrie Bitcoin Fund ETF (BRRR) at 90%, Bitwise (BITB) […]
The post Institutional Bitcoin ETF ownership led by Wisdom Tree at 92%, IBIT at 47% appeared first on CryptoSlate.
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Institutional Bitcoin ETF ownership led by Wisdom Tree at 92%, IBIT at 47%