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  • CryptoSlate - 20 July 2024, 11:57 am

    The following is a guest post by John deVadoss, the co-founder at InterWork Alliance. The pundits expound on Artificial General Intelligence, the so-called AI Singularity, existential threats to humanity from AI, and more. A more pressing and urgent hazard that is not being debated is the centralized AI monopoly (“Big AI”) and its implications to […] The post Big AI: A socio-economic rubicon crossing appeared first on CryptoSlate. Email Facebook Pinterest Twitter Reddit LinkedIn WhatsAppRead More

  • CryptoSlate - 19 July 2024, 10:34 pm

    The Chicago Board Options Exchange (Cboe) issued listing notifications for five new spot Ethereum exchange-traded funds (ETFs) scheduled to begin trading on July 23 — confirming reports from earlier in the week. The notifications clarify that the funds are pending final regulatory approval. The five ETFs are 21Shares’ CETH, Fidelity’s FETH, Franklin Templeton’s EZET, Invesco’s […] The post Cboe confirms trading launch of 5 spot Ethereum ETFs on July 23 appeared first on CryptoSlate. Email Facebook Pinterest Twitter Reddit LinkedIn WhatsAppRead More

  • CryptoSlate - 19 July 2024, 9:30 pm

    Multiparty computation (MPC) wallet provider Liminal said its infrastructure remains safe and was not compromised in the recent hack of India-based crypto exchange WazirX. The firm made the statement in its post-mortem report on July 19. The report attributes the breach to compromised devices within WazirX’s network, clarifying that Liminal’s user interface (UI) was not […] The post Liminal says infrastructure was not responsible for WazirX hack, blames compromised devices appeared first on CryptoSlate. Email Facebook Pinterest Twitter Reddit LinkedIn WhatsAppRead More

  • CryptoSlate - 19 July 2024, 7:45 pm

    Wall Street investment bank Jefferies analysts believe former President Donald Trump’s “overt support” for Bitcoin and crypto, combined with anticipated higher inflation, larger fiscal deficits, and political pressure on the Federal Reserve, could undermine the US dollar’s dominance as a store of wealth. The analysts said in a research report shared on social media on […] The post Jefferies believes Trump’s ‘overt’ support for Bitcoin will benefit crypto stocks, gold miners appeared first on CryptoSlate. Email Facebook Pinterest Twitter Reddit LinkedIn WhatsAppRead More

  • CryptoSlate - 19 July 2024, 6:30 pm

    A US court has granted Binance US permission to invest certain customer fiat funds, currently held at BitGo, in US Treasury Bills. Earlier this week, the exchange requested court approval to invest about $40 million in $10 million increments over four weeks. These investments will be made through a trading account on TreasuryDirect in US […] The post Binance.US secures court approval to invest $40 million in US Treasury bills appeared first on CryptoSlate. Email Facebook Pinterest Twitter Reddit LinkedIn WhatsAppRead More

  • CryptoSlate - 19 July 2024, 5:38 pm

    Bitcoin and the wider crypto market are rallying despite a downtrend in the equities markets, particularly in tech stocks, pointing to a breakdown in correlation between the two. The flagship crypto surged over 4% over the past few hours to $66,377 as of press time, based on CryptoSlate data. Meanwhile, other top tokens like Ethereum […] The post Crypto market defies tech stock slump as Bitcoin breaks $66,000 amid Trump rumors appeared first on CryptoSlate. Email Facebook Pinterest Twitter Reddit LinkedIn WhatsAppRead More

  • CryptoSlate - 19 July 2024, 4:15 pm

    The result of the US election is an essential factor affecting the process of interest rate cuts and liquidity return. After Trump was assassinated but survived, the result of the US election seems to have been locked in advance, which means that more interest rate cuts seem to be on the way. In this case, […] The post Whales’ Rolling Window: Assassins, Rate Cuts and Portfolio Allocation appeared first on CryptoSlate. Email Facebook Pinterest Twitter Reddit LinkedIn WhatsAppRead More

  • CryptoSlate - 19 July 2024, 3:30 pm

    Ethereum layer-2 network Scroll has delayed its chain finalization due to a potentially exploitable bug within its ecosystem. On July 19, Rho Markets, a lending protocol on the blockchain, detected unusual activity and suspended operations to investigate. Blockchain security firm Cyvers Alert reported a hack of approximately $7.6 million on Rho Markets’ USDC and USDT […] The post Ethereum Layer 2 Scroll halts chain finalization after Rho Markets suffers $7.6M breach appeared first on CryptoSlate. Email Facebook Pinterest Twitter Reddit LinkedIn WhatsAppRead More

  • CryptoSlate - 19 July 2024, 2:49 pm

    Former US president Donald Trump is rumored to be planning to announce his desire to make Bitcoin a “strategic reserve asset” during an upcoming crypto conference, a move that could significantly impact the digital asset’s global status and value. CryptoSlate reported the potential for this move on July 4 after Bitcoin SoftWar author Jason P Lowery […] The post Bitcoin as US Reserve Asset: Can Trump do it and what would it mean? appeared first on CryptoSlate. Email Facebook Pinterest Twitter Reddit LinkedIn WhatsAppRead More

  • CryptoSlate - 19 July 2024, 1:50 pm

    Stablecoin issuer Tether CEO Paolo Ardoino has urged increased investment in decentralized peer-to-peer technologies after a global IT outage today, July 19. CryptoSlate reported that a significant technical issue with CrowdStrike’s centralized software led to a global outage affecting many sectors. This issue caused Windows computers to display the Blue Screen of Death (BSOD), disrupting […] The post Tether pushes for decentralized tech systems following worldwide IT issue appeared first on CryptoSlate. Email Facebook Pinterest Twitter Reddit LinkedIn WhatsAppRead More