Understanding the differences in Bitcoin futures on Binance and CME

Open interest on Bitcoin futures listed on the Chicago Mercantile Exchange (CME) has been outpacing open interest on Binance futures since November 2023. As of Jan. 23, around 30% of the total... Read more »

Coinbase’s Base leverages Chainlink technology to enhance developer capabilities

Ethereum layer 2 network Base has successfully integrated Chainlink Automation to enhance the scalability of smart contracts, according to a Jan. 23 statement provided to CryptoSlate. This integration would allow Base developers... Read more »

Tornado Cash developers to receive funding from new legal defense DAO

An activist group launched a legal defense fund for accused Tornado Cash developers Alexey Pertsev and Roman Storm on Jan. 22. Roman Storm endorsed the fundraiser, stating: “2024 is the year that... Read more »

Ethereum Foundation heaps pressure on market with $1.68 million in ETH sales

The Ethereum Foundation, a non-profit organization dedicated to the blockchain network’s ecosystem, liquidated $1.6 million worth of ETH, according to crypto analytical firm Arkham Intelligence. Data from the platform reveals that the... Read more »

Bitcoin ETFs buy 95,000 BTC as assets under management hit $4 billion

The “Newborn Nine” Bitcoin ETFs have collectively amassed 95,000 BTC, with collective assets under management (AUM) nearing $4 billion, according to available data. According to Bloomberg ETF analyst Eric Balchunas, this remarkable... Read more »

China’s underground crypto market thrives despite harsh trading ban: WSJ

Despite Beijing’s 2021 ban on crypto trading, a thriving underground market reportedly continues to operate in China. The Wall Street Journal (WSJ) reported that investors circumvent the country’s stringent regulations through informal... Read more »

SEC v. Binance hearing delayed until Monday

Today’s court hearing between Binance and the SEC has been postponed, according to a minute order published on Jan. 19. That order reads: “It has just been announced that the courthouse will... Read more »

SEC opens comments on options trading for BlackRock, Cboe spot Bitcoin ETFs

The U.S. Securities and Exchange Commission (SEC) on Jan. 19 opened comments on proposals related to options trading on Bitcoin ETFs. One SEC notice concerns a proposed rule change allowing Nasdaq to... Read more »

Hut 8 responds to report criticizing USBTC merger and other activities

The Bitcoin and digital asset mining firm Hut 8 responded to a recent critical report in a statement on Jan. 19. The mining company wrote: “Hut 8 Corp is aware of a... Read more »

Justin Sun, Tron respond to UN report on TRC-20 USDT use in illicit finance

Tron founder Justin Sun said on Jan. 19 that the United Nations’ recent report about the illicit use of USDT misrepresents some of the “professional facts” about blockchain networks. The UN report,... Read more »