Ethereum layer-2 ZKsync faces scrutiny from Solana co-founder
Solana co-founder Anatoly Yakovenko has criticized the Ethereum layer-2 network ZKsync because it still operates like a multisig system despite claims of community-led governance. In…
Category: Crypto Slate
Bitcoin is the best asset to protect against Brazil’s 13% yearly currency depreciation
Brazil’s currency loses 12% to 13% of its value each year, according to Cauê Oliveira, the Head of Research and on-chain analyst at BlockTrends Brazil.…
MicroStrategy buys $1.1 billion in Bitcoin amid market volatility
MicroStrategy acquired approximately 18,300 Bitcoin for $1.1 billion between Aug. 6 and Sept. 12 at an average price of $60,408 per BTC, according to a…
Kraken challenges SEC’s authority, demands jury trial over crypto asset disputes
Kraken has requested a jury trial in response to the US Securities and Exchange Commission’s (SEC) lawsuit, according to a Sept. 12 court filing. The…
Coinbase’s cbBTC soars to $100M in first day despite Justin Sun’s criticism
Coinbase’s newly launched wrapped Bitcoin product, cbBTC, has seen rapid adoption within its first 24 hours, with a market capitalization nearing $100 million. Data from…
Bitcoin options volume shows short-term indecision, long-term optimism
Between Sept. 7 and Sept. 13, Bitcoin options open interest increased from $18.46 billion to $21.06 billion, following Bitcoin’s price rise from $53,900 to $58,100.…
Odds of 50bps Fed rate cut surge as Bitcoin remains stable at $58k
Odds of a 50 basis point rate cut at the Federal Reserve’s upcoming Sept. 18 meeting have surged from 14% to 41%, according to recent…
OpenAI launches next gen LLM model o1 using reasoning tokens to plan outputs
OpenAI has released a new series of AI models called OpenAI o1, designed to enhance reasoning capabilities for solving complex problems. The o1-preview and o1-mini…
US lawmaker proposes joint CFTC-SEC committee to unify digital asset regulations
Congressman John Rose has proposed a new bill to streamline digital asset regulations by creating a Joint Advisory Committee co-managed by the Commodity Futures Trading…
Trump says he is ’embracing’ crypto in launch teaser for World Liberty Financial
Former President Donald Trump announced that World Liberty Financial (WLFI) will officially launch next week on Sept. 16 during a live stream on X (formerly…