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Are Chainalysis’ Tools Scientifically Sound? Executive’s Statement Casts Doubt
An executive for on-chain analytics firm Chainalysis was the source of controversy following a recent statement. According to a court filing, the company’s Director of Investigation Solutions for government applications, Elizabeth Bisbee, provided testimony in the case against Roman Sterlingov. дальше »
2023-7-27 05:00 | |
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EOS Network Foundation preparing to sue Block.one over unfulfilled $1B investment promise
EOS Network Foundation (ENF) is preparing to sue the developer of the EOS (EOS) network Block. one for not fulfilling its promise to invest $1 billion in the blockchain, according to a July 25 statement. дальше »
2023-7-27 22:15 | |
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Binance’s European exodus continues as exchange withdraws critical license application in Germany
Binance confirmed to CryptoSlate that it had withdrawn its crypto custody license application in Germany, according to a July 26 emailed statement. In June, unconfirmed reports emerged that BaFin, Germany’s top financial regulator, intended to deny Binance’s application for a crypto custody license. дальше »
2023-7-26 18:28 | |
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Namibia and Crypto Regulation: Crypto Exchange Bill Signed into Law
Coinspeaker Namibia and Crypto Regulation: Crypto Exchange Bill Signed into Law Despite the introduction of new crypto rules, the Bank of Namibia has made no official statement on accepting cryptocurrency as legal tender. дальше »
2023-7-26 14:14 | |
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Venom blockchain hits 1M testnet wallets in two months
Venom Blockchain has reached one million wallets on its testnet within just two months of its launch, according to a July 25 statement shared with CryptoSlate. The blockchain network’s Foundation attributed the rapid adoption “to its innovative technology, rigorous regulatory compliance, and secure, user-friendly environment catering to a diverse user base. дальше »
2023-7-25 22:15 | |
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KuCoin dispels layoff rumors, CEO cites ‘normal’ personnel adjustments
Crypto exchange KuCoin denied “any alleged layoff plan,” according to a July 25 email statement to CryptoSlate. On July 25, Wu Blockchain, citing three unnamed internal employees, reported that KuCoin planned to lay off 30% of its workforce. дальше »
2023-7-25 20:30 | |
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Financial Woes: Binance France Discloses €4 Million Loss In 2022 Financial Reports
The French arm of Binance, established on November 8, 2021, disclosed its financial statement for the year 2022 on Friday. The leading auditing service firm RSM Paris audited the Binance platform and concluded that the exchange had faced a loss of €4 million in France. дальше »
2023-7-23 10:25 | |
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“Diamond Hands” Billionaire Investor: Holding Bitcoin for 6 Years and Counting
Veteran investor and billionaire, Bill Miller, known for his sharp acumen and audacious market predictions, has disclosed a substantial Bitcoin bet made six years ago. According to his recent statement, he had invested 1% of his net worth into Bitcoin when the price was around $2,000. дальше »
2023-7-22 13:29 | |
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Indonesia launches national cryptocurrency exchange amid 69% drop in transaction volume
Indonesia launched a national cryptocurrency exchange that became operational on July 17, according to a July 20 statement from the Commodity Futures Trading Supervisory Agency (Bappebti). The country also announced that its futures clearing house has been operational since July 17. дальше »
2023-7-21 15:28 | |
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ASIC cancels FTX Australia’s license amid escalating crypto regulation
According to a statement released on July 19, the Australian Securities and Investments Commission (ASIC) canceled the Australian Financial Services (AFS) license held by FTX, a subsidiary operating in Australia, on July 14. дальше »
2023-7-19 14:20 | |
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CBDCs Under Threat: This Presidential Candidate Vows To ‘Nix’ Digital Currency Plans
Florida Governor and U.S. Presidential candidate Ron DeSantis has voiced his opposition to the implementation of Central Bank Digital Currencies (CBDCs) in the United States. In a recent statement, he declared that if elected as President, he would put an end to any plans for CBDCs in the country. CBDCs To Be Axed On Day […] дальше »
2023-7-18 03:00 | |
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National Australia Bank blocks millions in crypto transactions citing scam concerns
National Australia Bank (NAB) blocked over A$270 million (around $184 million) in customer payments that raised scam concerns during the last four months, according to a July 17 statement. NAB blocking payments to ‘high-risk’ cryptocurrency exchanges NAB stated it stopped an undisclosed amount of transactions to crypto platforms where scams were prevalent between March and […] The post National Australia Bank blocks millions in crypto transactions citing scam concerns appeared first on CryptoSlate. дальше »
2023-7-18 22:15 | |
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Binance completes Bitcoin Lightning Network integration
Crypto exchange Binance has completed the integration of Bitcoin (BTC) Lightning Network (LN) for deposits and withdrawals activities, according to a July 17 statement. LN is a “layer 2” payment protocol built on Bitcoin. дальше »
2023-7-17 14:45 | |
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Binance CEO foresees DeFi outgrowing CeFi in 6 years, despite regulatory hurdles
Binance CEO Changpeng ‘CZ‘ Zhao predicted that decentralized finance (DeFi) would become more prominent than centralized finance (CeFi) within the next six years in a July 14 statement to celebrate the exchange’s sixth anniversary. дальше »
2023-7-15 23:20 | |
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Sui Network hits 1M active addresses within two months of launch
Layer-1 blockchain Sui (SUI) Network reached 1 million active addresses less than two months after its mainnet launch, according to a July 14 press statement shared with CryptoSlate. Greg Siourounis, the managing director of the Sui Foundation, stated that the blockchain network’s success showed a growing demand for the platform. дальше »
2023-7-14 18:40 | |
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Multichain halts operations following CEO’s arrest; MULTI plunges 15%
Cross-chain protocol Multichain (MULTI) is ceasing operations because CEO Zhaojun and his sister were “taken away” by the Chinese police, according to a July 14 statement on its official Twitter handle. дальше »
2023-7-14 17:32 | |
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Despite Positive XRP Ruling, SEC Claims Court ‘Rejected Ripple’s Made-Up Test’
Ripple won a lawsuit against the U. S. Securities and Exchange Commission (SEC) over XRP token security violations, leading to a surge in altcoin values. The SEC's statement on the ruling has been criticized by the crypto community. дальше »
2023-7-14 09:53 | |
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Federal Trade Commission settles with Celsius for $4.7B fine; permanently bans company from all trading activities
The Federal Trade Commission (FTC) permanently banned bankrupt lender Celsius (CEL) Network “from offering, marketing, or promoting any product or service that could be used to deposit, exchange, invest, or withdraw any assets,” according to a July 13 statement. дальше »
2023-7-14 21:20 | |
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EU’s Banking Authority Calls For Preparation Ahead Of MiCA
The European Banking Authority (EBA) has released a statement today calling for early preparation in adopting the Markets in Crypto Assets (MiCA) regulations. Back in May, the European Council approved the newly formed MiCA regulations, becoming the first comprehensive regulatory framework for trading cryptocurrencies. дальше »
2023-7-13 23:00 | |
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European Banking Authority urges stablecoin issuers to comply with upcoming MiCA regulation
The European Banking Authority (EBA) has advised stablecoin issuers to prepare for the forthcoming Markets in Crypto-Assets (MiCA) regulation, which is scheduled to be implemented next year, as noted in a statement released on July 12. дальше »
2023-7-13 17:58 | |
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Algorand’s largest DeFi protocol Algofi to shut operations
Algorand’s (ALGO) largest decentralized finance protocol, Algofi, will wind down because current events have made its continued operations non-viable, according to a July 10 statement. “A confluence of events has taken place that no longer makes building and maintaining the Algofi platform to the highest standards a viable path for our company. дальше »
2023-7-11 12:24 | |
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Kraken’s Jesse Powell under federal investigation but exchange remains uninvolved
Crypto exchange Kraken told CryptoSlate it is not part of the current federal investigations into its co-founder Jesse Powell, according to a July 7 press statement. Powell is the subject of Federal Investigations. дальше »
2023-7-7 13:45 | |
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BitMEX Founder Hayes Predicts Bitcoin Price Up To $760,000 In AI Era
In a bold and visionary statement, Arthur Hayes, the founder of BitMEX, has laid out his compelling argument for a monumental Bitcoin price surge in the era of artificial intelligence (AI). In his recently published blog post titled “Massa,” Hayes shares his insights on the interplay between Bitcoin and AI, asserting that BTC will become […] дальше »
2023-7-7 13:40 | |
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Danish authority orders Saxo bank to divest crypto holdings, citing distrust in financial system
Denmark’s Financial Supervisory Authority (FSA) ordered investment bank Saxo to divest its cryptocurrency holdings because financial institutions in the country are prohibited from crypto trading activities, according to a July 5 statement. дальше »
2023-7-5 16:10 | |
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Kraken says it fought IRS to protect clients against identity theft, other potential harms
Kraken, a leading crypto exchange, commented on the outcome of a recent case in a statement emailed to CryptoSlate on July 3. A company representative said: “We fought the IRS because they sought intrusive and unnecessary information about U. дальше »
2023-7-4 23:44 | |
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Belarus eyes ban on peer-to-peer crypto transactions in fight against cybercrime
Belarus wants to ban peer-to-peer crypto transactions and introduce legislation that requires citizens to use regulated crypto exchanges, according to a July 2 statement from the country’s Ministry of Internal Affairs (MVD) VKontakte page. дальше »
2023-7-3 16:50 | |
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New Zealand central bank calls for ‘increased vigilance’ for crypto not regulation
The Reserve Bank of New Zealand (RBNZ) is increasing its monitoring of cryptocurrencies and stablecoins, the country’s central bank said on June 30. Ian Woolford, Director of Money and Cash at RBNZ, noted in the statement, “… a regulatory approach isn’t needed right now, but increased vigilance is. дальше »
2023-6-30 12:35 | |
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Central bankers warn of further rate hikes at ECB Forum
U. S. Federal Reserve chair Jerome Powell along with top central bankers, said further policy rate hikes are on the horizon due to the sustained strength of the labor market in the country. Powell made the statement on June 28 during the ECB Forum on Central Banking in Portugal. дальше »
2023-6-29 20:00 | |
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Hut 8 secures $50 million credit facility from Coinbase
Hut 8 will have the option to draw $20 million and $15 million after the first tranche. The $50 million loan facility will mature one year after the first borrowing, and bear interest. CEO Jaime Leverton noted in a statement that the funds will give Hut 8 financial flexibility ahead of Bitcoin’s halving. дальше »
2023-6-26 21:25 | |
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Filecoin’s FVM traction accelerates as DeFi TVL soars to record
Filecoin Virtual Machine (FVM) is gaining traction among developers a few months after it was unveiled. In a statement, the developers noted that the ecosystem had seen its DeFi ecosystem and the number of smart contracts jump. дальше »
2023-6-27 18:16 | |
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Satellite-based ‘Space Wallet’ reimagines transaction security
Cryptosat, a startup specializing in launching satellite-based Trusted Execution Environments (TEE) for blockchain protocols, has collaborated with web3 wallet infrastructure firm Dfns Labs to launch the world’s first “Space Wallet,” according to a June 26 press statement shared with CryptoSlate. дальше »
2023-6-26 18:00 | |
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Atomic Wallet’s hack statement raises user concerns amid $100m losses
Decentralized wallet provider Atomic Wallet has left its users seeking further clarification despite releasing a comprehensive event statement. A significant exploit in June is estimated to sum up to $100 million in losses. In a blog post on June 20,… дальше »
2023-6-22 14:08 | |
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Atomic wallet identifies 4 possible but unconfirmed causes of recent breach
Atomic Wallet, which suffered from a hack on June 3, has narrowed down the possible causes of the breach according to a recent statement. In the statement, the non-custodial platform said the breach could have been caused by viruses on local user devices, malware code injection, infrastructure breach, or a man-in-the-middle attack. дальше »
2023-6-22 12:32 | |
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Did Jerome Powell Just Say Cryptocurrency Have Staying Power? Hedge Against Inflation?
Federal Reserve Chairman Jerome Powell’s recent acknowledgment of cryptocurrency’s staying power as an asset class in the U. S. economy carries significant implications. Firstly, his statement indirectly suggests that cryptocurrency can potentially serve as a hedge against inflation, given its durability as an asset class. дальше »
2023-6-22 10:08 | |
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CleanSpark adds hashrate with $9.3M acquisition of Georgia mining campuses
Bitcoin (BTC) miner CleanSpark has entered into a “definitive agreement” to acquire two turnkey BTC mining campuses in Dalton, Georgia, for $9. 3 million in cash, according to a June 21 statement. дальше »
2023-6-21 19:16 | |
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Powell says stablecoins are a ‘form of money’ that central banks should supervise
U. S. Federal Reserve Chair Jerome Powell said the regulator views payment stablecoins as a “form of money” and believes central banks should supervise them. Powell made the statement in response to Congresswoman Maxine Waters asking whether stablecoin issuers should be licensed and regulated by the Fed during a June 21 hearing. дальше »
2023-6-21 18:24 | |
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Binance expands to Kazakhstan amid global regulatory hurdles
Embattled crypto exchange Binance has launched a regulated digital asset platform in Kazakhstan amid its regulatory issues across multiple jurisdictions. In a June 21 statement, Binance said it had secured licensing from Kazakhstan’s AIFC Financial Services Authority (AFSA) to manage a digital asset platform and provide custodial services at the Astana International Finance Center (AIFC) […] The post Binance expands to Kazakhstan amid global regulatory hurdles appeared first on CryptoSlate. дальше »
2023-6-21 17:55 | |
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Blackrock set to enter Bitcoin ETF field with SEC registration
World's largest asset management firm files a Bitcoin ETF registration statement with the US SEC. The crypto custodian for this trust would be Coinbase and the cash custodian will be Bank of The post Blackrock set to enter Bitcoin ETF field with SEC registration appeared first on AMBCrypto. дальше »
2023-6-16 00:39 | |
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DeBridge launches DLN Trade, enabling secure cross-chain trading without liquidity pools
Cross-chain infrastructure developer deBridge has launched DLN Trade, according to a press statement shared with CryptoSlate. DLN is an advanced non-custodial cross-chain exchange that enables fast and secure native trading across chains without liquidity pools. дальше »
2023-6-16 21:23 | |
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US Fed chair hints at two more rate hikes while crypto suffers volatility
The US Federal Reserve (Fed) chair Jerome Powell hinted at two more rate hikes expected to come this year. According to CNBC, the statement came after the Federal Open Market Committee (FOMC) decided to pause the consecutive rate boosts. The… дальше »
2023-6-15 14:11 | |
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Crypto prime broker FPG loses $15M+ in cyber attack, halts trading and withdrawals
Crypto prime brokerage Floating Point Group (FPG) lost over $15 million in cryptocurrencies to a June 11 cyber security incident, according to a June 14 statement. FPG announced that it had halted trading, deposits, and withdrawal activities in response to the incident and has contacted law enforcement agencies for assistance. дальше »
2023-6-15 13:07 | |
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Blockchain Australia says banking restrictions will have ‘costly side effects’
Industry group Blockchain Australia believes that placing “blanket restrictions” on the crypto industry in the Oceanic country could potentially result in “costly side effects. ” The trade body made the statement in response to the Commonwealth Bank of Australia’s recent decision to restrict payments to crypto exchanges and place a monthly limit on all crypto-related transactions. дальше »
2023-6-15 20:06 | |
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