Solana Labs co-founder Anatoly Yakovenko responded to underwhelming sales of his firm’s smartphone in an interview with Unchained Crypto on Dec 5. The firm unveiled its Android smartphone, Saga, in June 2022 and launched the device in 2023. The company aimed to provide users with a device tailored to web3. Specifically, it promised an app […]
Quick Take The Stablecoin Supply Ratio (SSR), a critical parameter gauging the buying power of stablecoins against Bitcoin, has seen significant movement lately. This ratio, calculated as Bitcoin Market Cap divided by Stablecoin Market Cap, offers key insights into the supply-demand dynamics between Bitcoin and USD. The lower the SSR, the greater the potential purchasing […]
Decentralized finance (DeFi) emerged as a movement with the promise of revolutionizing the global financial system based on a simple yet powerful premise — offering access to better solutions with its peer-to-peer asset transfer and smart contract-powered autonomy. Since 2015, multiple sub-sectors like lending, trading, and automatic market-making quickly emerged, amassing US$175 billion in Total […]
What is CryptoSlate Alpha? A web3 membership designed to empower you with cutting-edge insights and knowledge. Learn more › Connected to Alpha Welcome! 👋 You are connected to CryptoSlate Alpha. To manage your wallet connection, click the button below. Oops…you must lock a minimum of 20,000 ACS If you don’t have enough, buy ACS on […]
What is CryptoSlate Alpha? A web3 membership designed to empower you with cutting-edge insights and knowledge. Learn more › Connected to Alpha Welcome! 👋 You are connected to CryptoSlate Alpha. To manage your wallet connection, click the button below. Oops…you must lock a minimum of 20,000 ACS If you don’t have enough, buy ACS on […]
The Internal Revenue Service Criminal Investigation unit (IRS-CI) reported involvement in a greater proportion of crypto investigations on Dec 4. In a statement to Bloomberg, IRS-CI chief Jim Lee said that about half of all active investigations into digital assets over the past year have involved tax issues. By contrast, he pointed out that three […]
Bitwise and BlackRock, two asset managers that plan to offer a spot Bitcoin exchange-traded fund (ETF), have submitted updated filings to securities regulators. Bitwise filed an amendment to its S-1 registration form with the U.S. Securities and Exchange Commission (SEC) on Dec. 4. BlackRock filed an amendment to its own S-1 form on the same […]