Month: October 2024

London Satoshi reveal unsurprisingly fails to convince anyone of his identity amid fraud charges

At a press conference in London on Oct. 31, Stephen Mollah declared himself to be Satoshi Nakamoto, the elusive creator of Bitcoin but failed to provide compelling evidence to support his claim. The event at the Frontline Club left attendees…

Bitcoin and Ethereum dominate 97% of trades on Crypto.com

Crypto.com’s monthly spot trading volume jumped to $139 billion in October, more than doubling the $57 billion recorded by Coinbase, the Block reported on Oct. 30. A look at trading activity on the platform shows that 97% of the exchange…

Russia halts crypto mining in energy-strapped territories

Russia is set to restrict crypto mining in several of its regions due to ongoing energy shortages, announced Deputy Minister of Energy Yevgeny Grabchak. On Oct. 30, the state news agency TASS confirmed the impending ban, which will affect areas…

Chainlink CCIP powers Lido’s new cross-chain staking on Arbitrum, Base, and Optimism

Lido has announced the integration of Chainlink’s Cross-Chain Interoperability Protocol (CCIP) to enable cross-chain staking across Ethereum layer-2 networks such as Arbitrum, Base, and Optimism, according to an Oct. 29 statement shared with CryptoSlate. This integration will power Lido’s Direct…

TRON Returns to Nigeria for TRON Connect Africa Community Event

Disclosure: This is a sponsored post. Readers should conduct further research prior to taking any actions. Learn more › Geneva, Switzerland,October 29,2024 – TRON DAO brought together students and industry professionals for a day filled with discussions, networking, and educational…

HKMA partners up with Brazilian central bank to test cross-border tokenization

The Hong Kong Monetary Authority (HKMA) announced a new partnership with Banco Central do Brasil (BCB) to advance cross-border tokenization initiatives, joining their respective digital currency infrastructures to conduct experimental transactions under Project Ensemble and Brazil’s Drex pilot program. The…

$27 billion crypto inflows in 2024, $901 million last week amid US political backdrop

Crypto investment products are experiencing one of their best months on record, with inflows hitting $901 million in the last week alone, according to CoinShares’ latest report. This month’s inflows now represent roughly 12% of the sector’s total assets under…

Vitalik Buterin says The Purge can help reduce Ethereum’s complexity and storage requirements

One of the problems of Ethereum, or any blockchain, is that it grows in size over time. This means an increase in the complexity of its code and its storage requirements. A blockchain must retain all the data throughout its…

Tether slams WSJ report alleging US probe as ‘irresponsible reporting’

 Tether CEO Paolo Ardoino denied reports about the firm being under investigation in the US. Ardoino’s clarification comes after a Wall Street Journal report claimed that federal prosecutors in Manhattan are allegedly investigating the stablecoin issuer. Ardoino said: “WSJ is regurgitating…

WazirX reveals 40% customer assets held on third-party exchanges amid transparency push

Indian crypto exchange WazirX has disclosed its proof-of-reserves (PoR) report, showing that over 40% of customer assets are stored on third-party exchanges, according to an Oct. 25 statement. The exchange said its PoR dashboard aims to promote transparency by enabling…