IREN advances toward 50 EH/s target as August BTC production climbs
Quick Take In August, several publicly traded Bitcoin miners provided updates on their production and operations. RIOT reported producing 322 BTC, a 13% decrease compared…
Category: Crypto Slate
US crypto firms ramp up lobbying efforts, expenditures up 1386% over 7 years
A recent study has revealed that US crypto companies have significantly increased their lobbying efforts, with expenditures rising by 1386% from 2017 to 2023. According…
Fed orders United Texas Bank to halt crypto services over AML concerns
The Federal Reserve issued a cease and desist order to United Texas Bank (UTB) on Aug. 29, directing it to stop offering crypto services. The…
Marathon Digital hints at AI pivot following Bitcoin production slowdown in August
Marathon Digital is showing interest in artificial intelligence (AI) as its Bitcoin production slowed in August. On Sept. 5, the BTC miner announced the appointment…
Market Makers, blockchain project’s secret weapon
With their expertise and experience, market makers are the backbone of the market. They buy and sell assets at any time, providing bid-ask spreads in…
New Mastercard crypto card lets users pay from self-custodial wallets
Mastercard has teamed up with crypto payment provider Mercuryo to launch a new debit card called “Spend” that allows users to make payments directly from…
DWF Labs reveals ‘overcollaterized’ synthetic stablecoin backed by Bitcoin and Ethereum
Prominent crypto market maker DWF Labs has finalized the design of its synthetic stablecoin which would be backed by a mix of digital assets, including…
WazirX hacker launders $10 million through Tornado Cash
The hacker responsible for stealing over $235 million from the Indian crypto exchange WazirX has transferred around $10 million through sanctioned Tornado Cash in the…
Bitcoin drives Morgan Stanley fund’s strategy with key positions in IBIT and MicroStrategy
Quick Take According to a recent SEC filing, the Morgan Stanley Institutional Fund, Inc. – Counterpoint Global Portfolio reported total net assets of $10,042,729 as…
Monochrome pushes for Ethereum ETF on Cboe Australia
Monochrome Asset Management has filed to list an Ethereum exchange-traded fund (ETF) on Cboe Australia under the ticker IETH, as announced on Sept. 5. The…