Solana’s recent outage appears to be weighing heavily on investors’ minds, with crypto investment products related to the blockchain network seeing outflows of $3 million during the past week. CoinShares’ latest weekly report showed the network as the only major digital asset that recorded negative flows for the duration, blaming…
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Quick Take ByteTree data indicates that global Exchange Traded Products (ETPs) are nearing their all-time high of approximately 966k Bitcoin, a record set back in 2021. A significant contributor to this development is the success of spot Bitcoin ETFs in the United States, which have seen a net flow of…
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Hong Kong-based crypto exchange BitForex appears to have gone entirely dark following the suspension of its website and trading application on Feb 23. Users have been unable to initiate withdrawals or access the exchange for several days, which boasted over $2 billion in trading volume as recently as Feb 24.…
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MicroStrategy’s official X (formerly Twitter) account was hacked and used to promote a fake airdrop of an Ethereum-based MSTR token during the early hours of today, Feb. 26. Blockchain security firm PeckShield quickly warned that the offending post contained a phishing link that redirected to a copycat website of the…
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Quick Take Bitcoin ETFs in the US have been an incredible success since their introduction on Jan. 11, as reported by CryptoSlate. In a notable development reported by BitMEX, the sector witnessed a strong inflow of $232 million on Feb. 23. BitMEX data reveals the BlackRock IBIT ETF as the…
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The following is a guest post from Robert Rhodin, the CEO of KeychainX. As the crypto market’s capitalization has grown, the diversity and complexity of assets also increase. This growth, supported by advanced technology and innovations, also increases the number of lost or inaccessible assets. It is estimated that hundreds…
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The post The economic implications of the Fed’s reverse repo (RRP) facility appeared first on CryptoSlate.
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In November 2023, the Cosmos Hub community approved the contentious proposal 848, which reduced the maximum inflation rate of the native token ATOM to 10% from 20%. At the time, ATOM’s actual inflation rate stood at 14%. The proposal was expected to fall through. However, just before the deadline, there…
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Bitcoin’s mempool is a holding area for transactions broadcast to the network but not yet included in a block. Analyzing the mempool provides insight into network congestion, transaction demand, and fee trends, offering a unique vantage point on the state of the Bitcoin ecosystem. During the final months of 2023…