How Telefónica and Chainlink Plan to Combat SIM Swapping

If a smart contract receives a response from an API with evidence you’ve been SIM swapped, then it will refuse to process transactions.

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Bitcoin ETFs attract $4.1 billion amid $3 billion gold outflows Bitcoin ETFs attract $4.1 billion amid $3 billion gold outflows

Quick Take A data analysis snapshot from Bitcoin Munger presents an interesting nuance in the financial landscape. Historically considered a safe haven asset, Gold has experienced significant outflows from its ETFs. Bloomberg’s chart shows a downward trend, with roughly $3 billion outflows from various gold ETFs YTD and approximately $9 billion over the past year.
The post Bitcoin ETFs attract $4.1 billion amid $3 billion gold outflows appeared first on CryptoSlate.

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Ark Invest offloads $34 million in Coinbase while shares jump 7% pre-market ahead of earnings report Ark Invest offloads $34 million in Coinbase while shares jump 7% pre-market ahead of earnings report

Ark Invest, led by Cathie Wood, divested over 200,000 units of Coinbase (COIN) shares, marking its first significant sale in over a month, per the firm’s latest trading file obtained by CryptoSlate. The transaction included the sale of 152,600 Coinbase shares from the ARK Innovation ETF (ARKK). The firm also sold 31,459 COIN shares from
The post Ark Invest offloads $34 million in Coinbase while shares jump 7% pre-market ahead of earnings report appeared first on CryptoSlate.

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Tron founder unveils Bitcoin layer-2 solution as BTC DeFi breaks $1.2 billion in TVL Tron founder unveils Bitcoin layer-2 solution as BTC DeFi breaks $1.2 billion in TVL

Tron blockchain founder Justin Sun has unveiled plans for a Bitcoin-based layer-2 solution. In a Feb. 15 post on the social media platform X (formerly Twitter), Sun revealed his intent to foster decentralization and seamless integration of diverse token formats within the TRON network and the broader Bitcoin ecosystem. This strategic move would enhance interoperability
The post Tron founder unveils Bitcoin layer-2 solution as BTC DeFi breaks $1.2 billion in TVL appeared first on CryptoSlate.

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Historic exchange withdrawal prices in profit for BTC as upward cost basis trend begins Historic exchange withdrawal prices in profit for BTC as upward cost basis trend begins

Quick Take Tracking the average withdrawal prices from digital asset exchanges provides a viable method to estimate a market-wide cost basis. A deep-dive into the cohorts’ performance reveals an interesting narrative. The most notable cohort is 2021, which had an initial realized price of approximately $47,000 back in 2021. Since then, continuous purchases have brought
The post Historic exchange withdrawal prices in profit for BTC as upward cost basis trend begins appeared first on CryptoSlate.

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Chainlink to Jump Dogecoin (DOGE) in Market Cap as LINK Climbs Chainlink to Jump Dogecoin (DOGE) in Market Cap as LINK Climbs

In what is certainly a testament to the asset’s continued ascension, Chainlink (LINK) is inching ever closer to…

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Bitcoin’s Alleged Ransomware Dominance Alarms SEC Chair Gary Gensler As BTC Price Hits $52,000 Bitcoin’s Alleged Ransomware Dominance Alarms SEC Chair Gary Gensler As BTC Price Hits $52,000

In a recent interview with CNBC, Gary Gensler, the US Securities and Exchange Commission (SEC) Chair, reiterated his concerns about the alleged involvement of Bitcoin (BTC) in ransomware attacks.  Bitcoin Disapproval Continues Despite the significant success of Bitcoin exchange-traded funds (ETFs) within just one month of trading, which has played a pivotal role in driving

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VeChain: VET Set to Make Major Announcement

Recently, the cryptocurrency landscape has experienced a surge fueled by Bitcoin’s upward momentum, resulting not only in gains…

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