Grayscale switches CEO following $144 million reduction in fees as Bitcoin outflows finally subsiding

Grayscale Investments, the world’s largest crypto asset manager, announced the appointment of Peter Mintzberg as its new Chief Executive Officer, effective August 15, 2024. Mintzberg will succeed Michael Sonnenshein, who stepped down from the position after a decade with the firm to pursue other interests. During his tenure as CEO, Sonnenshein guided Grayscale from $60 The post Grayscale switches CEO following $144 million reduction in fees as Bitcoin outflows finally subsiding appeared first on CryptoSlate.

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‘Dr. Wright lied to the court extensively and repeatedly’ as final written judgment released

The full written judgment in Dr. Craig Wright vs. COPA was released this morning, May 20, including damning indictments of Dr. Wright’s actions during the trial. “Dr Wright lied to the Court extensively and repeatedly. Most of his lies related to the documents he had forged which purported to support his claim. All his lies The post ‘Dr. Wright lied to the court extensively and repeatedly’ as final written judgment released appeared first on CryptoSlate.

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Chainlink surges 30% as DTCC explores blockchain for mutual fund data delivery

Depository Trust & Clearing Corporation (DTCC) has released the findings of its Smart NAV pilot, which explored extending its Mutual Fund Profile Service to leverage distributed ledger technology for data dissemination and consumption. The news led to Chainlink (LINK) surging 30% over the past 48 hours, trading at $16.71 from a low of $12.8 on The post Chainlink surges 30% as DTCC explores blockchain for mutual fund data delivery appeared first on CryptoSlate.

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Farmsent to enhance smart farming with Nuklai AI tools as peaq raises $35M amid token launch

Nuklai, an on-chain smart data platform, and peaq, a layer-1 blockchain for decentralized physical infrastructure networks (DePINs), have announced an integration aimed at enhancing AI and data monetization tools for DePINs, starting with the global Web3 marketplace for farmers, Farmsent. The news comes as peaq completed a token launch on Coinlist, raising $35 million from The post Farmsent to enhance smart farming with Nuklai AI tools as peaq raises $35M amid token launch appeared first on CryptoSlate.

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Understanding Bitcoin UTXO management and its impact on transaction efficiency and privacy

Bitcoin’s design contains a unique way of handling transactions through the Unspent Transaction Output (UTXO) model. While this model provides enhanced security and privacy compared to traditional account-based systems, it also presents challenges in efficiently managing one’s Bitcoin holdings. This article delves into the concept of UTXO management, its importance, and strategies to optimize transaction The post Understanding Bitcoin UTXO management and its impact on transaction efficiency and privacy appeared first on CryptoSlate.

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