Bitcoin holds firm on strong economic data, while Powell testifies to House discussing CBDC

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Investors adopt risk-off approach as Bitcoin futures OI plummets to YTD low

Disclaimer: By using this website, you agree to our Terms and Conditions and Privacy Policy. CryptoSlate has no affiliation or relationship with any coin, business, project or event unless explicitly stated otherwise. CryptoSlate is only an informational website that provides news about coins, blockchain companies, blockchain products and blockchain events. None of the information you…

Ripple CEO says SEC has no infrastructure for registered tokens

Brad Garlinghouse Brad Garlinghouse, CEO of fintech firm Ripple, which develops XRP financial products, previously led file-sharing site Hightail and served as President of Consumer Apps at AOL and SVP of Yahoo!’s Communications division. More about Brad Garlinghouse Info LinkedIn Twitter

Senator Lummis questions government’s role in regulating energy use in crypto mining

Ad In a March 7 Senate hearing committee on cryptocurrency and the environment, Senator Cynthia Lummis (R – Wyoming) emphasized that energy efficiency standards must not be utilized to target particular energy use cases like crypto mining. During the committee, evidence was presented by both sides on how the crypto-asset industry impacts the environment. Witnesses…

3AC founders are back with OPNX exchange’s tokenized bankruptcy claims

Ad Three Arrows co-founder Kyle Davis explained the business model of the soon-to-launch OPNX exchange, sparking skepticism from the crypto community. Davies and Su Zhu met at Columbia University, founding 3AC in 2012. The firm operated as a crypto hedge fund, borrowing billions to fund its trading activities. Following the USDT de-peg and subsequent market-wide…

U.S. agency moves over 9k BTC to Coinbase: Glassnode

Ad According to on-chain data, the US law enforcement agency moved 49,000 Bitcoin (BTC) — over $1 billion — during the early hours of March 8. On-chain data provider Glassnode reported that the US agency was moving around 40,000 BTC, adding that the transactions appear to be internal transfers. However, it noted that the government…

Third-largest YTD Bitcoin exchange withdrawal driven by whales

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Jack Dorsey’s payments company Block seeks input on mining kit

Ad Jack Dorsey’s Block, Inc. has announced that it is seeking input on an ongoing Bitcoin mining project, as seen in a blog post from the company on March 7. Block Inc. announces MDK Naoise Irwin, Senior Product Lead of Mining Hardware, said that Block is planning to produce a mining development kit (MDK). This…