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Hong Kong Spot Bitcoin and Ethereum ETFs See $11 Million Volume in Debut

It’s a far cry from the debut of their Bitcoin ETFs counterparts in the U.S., which saw $4.5 billion on their first day of trading in January.

This post was published at Decrypt

Amboss CEO highlights Lightning Network’s role in enabling efficient Bitcoin transactions

The Lightning Network, a layer-2 solution for Bitcoin, has been touted as a game-changer for the world’s largest digital asset, enabling faster and cheaper transactions. However, despite its potential, widespread adoption has been slow. In the latest episode of the SlateCast, Liam “Akiba” Wright and James Van Straten sat down …

This post was published at CryptoSlate

/ Bitcoin, Crypto Currency

Ripple breaks ground in Japan, SBI Group to use XRPL for supply chain solutions

Ripple has partnered with HashKey DX to introduce XRP Ledger-based blockchain solutions to the Japanese market.

This post was published at Cointelegraph

/ Blockchain, Crypto Currency, Japan, Ripple, XRP

Dead protocol leaks crypto funds from hacked pool

Approximately $181,000 worth of crypto assets was drained from Yield Protocol’s strategic contracts present on the Arbitrum blockchain.

This post was published at Cointelegraph

/ Blockchain, Crypto, Crypto Currency

Hong Kong Bitcoin and Ether ETFs have tough debut on first-day trading

Bitcoin and Ethereum spot ETFs began trading in Hong Kong, but day-one trading volumes were a fraction of those recorded in the United States in January 2024.

This post was published at Cointelegraph

Bitcoin’s 2024 cohort sees over 10% profit, indicating a strong market support level

Quick Take Analyzing average prices at which Bitcoin was withdrawn from major digital asset exchanges using Glassnode data offers valuable insights into the market’s cost basis. According to Glassnode data, the analysis indicates that Coinbase and Binance exhibited parallel movement from the start of 2021 to the conclusion of 2023, …

This post was published at CryptoSlate

ZK systems will have their ChatGPT moment — Telos Foundation

Cointelegraph asked professionals working with zero-knowledge technology to get their insights on the current state of ZK.

This post was published at Cointelegraph

/ Crypto Currency

Ethereum Price Dips to Weekly Low Amid SEC Security Uncertainty

The price of Ethereum dipped following revelations that the U.S. Securities and Exchange Commission has privately considered it a security since 2023.

This post was published at Decrypt

/ Crypto Currency, Ethereum, Government, SEC

Apple poaches Google AI staff, creates ‘secretive’ laboratory: Report

Apple has reportedly been luring experts from Google in its efforts to catch up with Big Tech companies in the race to develop and deploy high-level AI models.

This post was published at Cointelegraph

/ Ai, Crypto Currency

New AI Model Reka Rises to Challenge ChatGPT, Claude and Llama-3–And It’s Free

A lesser-known startup has produced a top-performing AI model, Reka Core. We put it to the test against its high-powered competition.

This post was published at Decrypt

/ Ai, Crypto Currency

MicroStrategy continues stacking Bitcoin with $1.65 billion purchase during Q1

MicroStrategy’s first quarter earnings report showed the firm bought roughly 25,250 BTC for $1.65 billion at an average price of $65,232 per BTC during the first three months of the year. With its latest purchases, MicroStrategy now holds 214,400 BTC in total — equating to roughly 1% of the total Bitcoin supply. The company reported its …

This post was published at CryptoSlate

/ Bitcoin, BTC, Crypto Currency

Samourai Wallet developer Keonne Rodriguez under home incarceration after securing $1 million bail

Samourai Wallet developer Keonne Rodriguez has pleaded not guilty to criminal charges and will stay under home incarceration until trial. Rodriguez’s bail conditions, as outlined in an April 26 docket entry, include a $1 million personal recognizance bond to be secured before May 14. Two others must co-sign the bond, which will be secured by …

This post was published at CryptoSlate

/ Crypto Currency

Lawmakers urge Biden administration to address ‘rogue nations’ evading sanctions via crypto

A coalition of US lawmakers penned a letter to top government officials on April 28 expressing urgent concern over the use of digital currencies like Tether (USDT) by countries such as Russia, Iran, and North Korea to bypass international sanctions. The letter, signed by Senators Elizabeth Warren (D-Mass.) and Roger Marshall (R-Kan), was addressed …

This post was published at CryptoSlate

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