None of the first 59 dominant-chain blocks signaled for the proposal, while its enforcing branch mined one successor before stalling.
CryptoSlate•Liam 'Akiba' Wright9 Aug
At 1:30 p.m. UTC on Feb. 21, 2025, Bybit began moving funds from an Ethereum cold wallet to a warm wallet, the sort of routine transfer designed to make custody look boring. Authorized signers reviewed the destination on their screens and approved it, unaware that their screens were actually lying. Bybit later said the signing […]
CryptoSlate•Andjela Radmilac9 Aug
US-listed spot Bitcoin and Ethereum exchange-traded funds pulled in more than $1 billion in fresh cash this week, with both groups registering their strongest inflows since April as demand for regulated crypto investment products rebounded. Data from SoSoValue shows that spot Bitcoin ETFs attracted $853.54 million during the week ended Aug. 7, their biggest haul […]
CryptoSlate•Oluwapelumi Adejumo8 Aug
A customer opens an exchange account, copies a string of numbers and follows a path through a Merkle tree. The page processes the request and returns a reassuring result: the customer’s balance was included in the exchange’s proof of reserves. The verification is most likely technically sound, establishing that the account appeared in a dataset […]
CryptoSlate•Andjela Radmilac8 Aug
Crypto’s favorite buy-the-dip strategy failed to make money for Ethereum and Cardano investors who stuck with it since the start of 2022. An investor who placed $100 into Ethereum every month from January 2022 through August 2026 would have contributed $5,600 but ended up with about $4,898, a 12.5% loss, CryptoRank data showed. The same […]
CryptoSlate•Oluwapelumi Adejumo8 Aug
In an institutional bear market, a Bitcoin ETF redemption is almost aggressively boring. An investor sells shares, an authorized participant returns a large block to the trust, and the fund either pays cash or transfers BTC. Its assets shrink while the shares keep trading near net asset value and the custodian carries on. Since the […]
CryptoSlate•Andjela Radmilac8 Aug
Bybit sued North Korea, its Reconnaissance General Bureau, and Lazarus Group in the US District Court for the District of Columbia. The exchange won a preliminary injunction blocking unnamed defendants from moving or selling stolen crypto. Public court reporting describes the order as covering those identified assets, without confirming the full $1.5 billion stolen in […]
CryptoSlate•Gino Matos8 Aug
Senate Majority Leader John Thune has formally started the process to force a vote on whether the Senate will take up the CLARITY Act, giving the stalled crypto market-structure bill an immediate path to the floor when lawmakers return in September. Thune filed cloture early Saturday on the motion to proceed to H.R. 3633, the […]
CryptoSlate•Oluwapelumi Adejumo8 Aug
On March 6, 2025, President Donald Trump signed an executive order creating the Strategic Bitcoin Reserve, and most of the attention went straight to the grand idea: America had built a digital Fort Knox, the government would stop selling Bitcoin, and Washington could perhaps add more without charging taxpayers. However, the executive order’s operative language […]
CryptoSlate•Andjela Radmilac8 Aug
Trump Media & Technology Group and Crypto.com scrapped plans for a $6.42 billion digital-asset treasury venture. The move unwinds one of the largest crypto projects connected to President Donald Trump as scrutiny of his family’s digital-asset businesses intensifies in Washington. On Aug. 7, Trump Media, Crypto.com, and Yorkville Acquisition Corp. said they had mutually agreed […]
CryptoSlate•Oluwapelumi Adejumo8 Aug
Bitcoin traded near $65,000 heading into the weekend, sitting at the center of two macro forces pulling in opposite directions. The Aug. 7 jobs report weakened the case for a September rate hike, and tensions around the Strait of Hormuz threaten to revive the inflation trade that the report just cooled. The US economy lost […]
CryptoSlate•Gino Matos8 Aug
The 55-hour campaign shows AI can rapidly fill a security-review pipeline, while public data still cannot show how many findings were valid or fixed.
CryptoSlate•Liam 'Akiba' Wright7 Aug
The uncollateralized receivable runs to 2028, while an Aug. 6 sensitivity puts market value 24.5% below company-calculated NAV.
CryptoSlate•Liam 'Akiba' Wright7 Aug
Bitcoin climbed back above $65,000 this week, extending an unusual stretch of resilience as the cryptocurrency absorbed a string of developments that would typically pressure prices. The top digital asset rose about 2% over the past 24 hours to as high as $65,212, its strongest level since late July, CryptoSlate data shows. The move coincided […]
CryptoSlate•Oluwapelumi Adejumo7 Aug
At height 961,632, enforcing nodes reject non-signaling blocks, but Bitcoin does not automatically adopt the proposal.
CryptoSlate•Liam 'Akiba' Wright7 Aug
The Q1 loss confirms crypto-price exposure, while BitGo’s prospectus contains explicit warnings the lawsuit now challenges.
CryptoSlate•Oluwapelumi Adejumo7 Aug
The US Senate has abandoned plans to vote on the landmark CLARITY Act legislation before its August break. On Aug. 6, Senate Majority Leader John Thune confirmed that the legislation will have to wait until lawmakers return Sept. 14, reversing his earlier expectation that the Senate would act before leaving Washington. A spokesperson for the […]
CryptoSlate•Oluwapelumi Adejumo7 Aug
At 10:47 a.m. ET, LRC-USD was still limit-only while 74% of displayed volume sat on four outside venues.
CryptoSlate•Liam 'Akiba' Wright7 Aug
The proprietary-only entity can pursue authorized-participant work, while DTC access and a fund-distributor agreement remain separate.
CryptoSlate•Oluwapelumi Adejumo7 Aug
Aug. 7 is the final spending day; cardholders should finish withdrawals, rewards claims and wallet-access steps before the later date.
CryptoSlate•Liam 'Akiba' Wright7 Aug