A couple accused of money laundering in connection to a 2016 hack of the crypto exchange Bitfinex have reached a plea deal, Reuters said on July 21. Senior Judge Colleen Kollar-Kotelly has reportedly ordered prosecutors to file a copy of the plea deal from the accused, Heather Morgan and Ilya Lichtenstein, by July 27. A […]
In the context of the volatile Bitcoin market of the past year, a key trend identified in previous CryptoSlate analyses has emerged: the rapid increase in exchange withdrawals for Bitcoin since November 2022. According to Glassnode, this trend has gathered pace since April 2023, resulting in over 100,000 BTC being withdrawn from exchange balances since […]
Despite the volatility Bitcoin experienced in 2023, the extended sideways movement between February and July has proved to be fertile ground for accumulation. Onchain analysis showed that short-term holders (STHs) and long-term holders (LTHs) had steadily accumulated throughout the past quarter, indicating a strong belief in the asset’s long-term value. Measuring Bitcoin’s supply in profit […]
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How to Create and Fund a Bitcoin Account (Wallet) Anywhere | Jude Umeano Video transcription Hello guys this is Jude and in this video, I’ll be, showing you how to create and fund a Bitcoin account note, however, the correct term is Bitcoin wallets and not Bitcoin accounts in this video I’ll be showing you […]
Digital asset investment products broke its six-consecutive-week of outflows strike and recorded $160 million in inflows during the week of March 20, according to a CoinShares report. Last week’s inflows mark the most significant positive movement since July 2022, as the CoinShares data indicates. Crypto-based investment products have been recording outflows since the beginning of […]
Crypto short-sellers saw massive liquidation in the past four hours as the market pumped on the back of inflation numbers remaining within expected bounds. CoinGlass data shows that more than 85% of the $151.24 crypto liquidations over the period were short positions — amounting to roughly $130 million as of press time. Meanwhile, long […]
Ad FTX said that its affiliate Alameda Research has sued Grayscale, as indicated in a press release published by the former company on March 6. Alameda challenges fees, locked redemptions In its press release, FTX alleged that Grayscale gained more than $1.3 billion from “exorbitant” management fees over two years. It also complained that Grayscale […]
Converting Bitcoin into Bitcoin Cash: A Step-by-Step Tutorial As the world of cryptocurrency continues to evolve, the need for flexibility and diversification within digital asset portfolios becomes more evident. Converting Bitcoin into Bitcoin Cash has emerged as a strategy that allows investors to explore the unique offerings of each cryptocurrency. In this step-by-step tutorial, we’ll […]
A blockchain is a continuously growing list of records, called blocks, which are linked and secured using cryptography. Each block typically contains a cryptographic hash of the previous block, a timestamp, and transaction data. By design, a blockchain is inherently resistant to modification of the data. It is an open, distributed ledger that can record […]
The world of cryptocurrency is getting more and more popular. People have started using this form of money for various reasons. One of them is that it is not controlled by any central authority. The value of this currency fluctuates from time to time, making it a very volatile investment. However, there are some people […]
