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Alex Mashinsky out on $40M bail; ‘vehemently’ denies fraud charges
Former Celsius Network CEO Alex Mashinsky was released on a $40 million bail on July 13, the same day he was arrested after being charged with multiple counts of fraud, according to a CNN report. Mashinsky’s lawyer Jonathan Ohring told CNN that the former CEO “vehemently” denies all charges and intends to “vigorously” fight them […] The post Alex Mashinsky out on $40M bail; ‘vehemently’ denies fraud charges appeared first on CryptoSlate. дальше »
2023-7-14 21:00 | |
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Security and Staking: Algorand CTO Reveals Future of The Popular Blockchain And New Features
Algorand, a state-of-the-art pure proof of stake network, is introducing innovative features that differentiate it from traditional proof of stake networks like Ethereum or delegated proof of stake networks like Cardano, according to John Woods, Chief Technical Officer (CTO) at Algorand. дальше »
2023-7-15 20:50 | |
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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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Bitcoin Whales Sell As BTC Flies Above $31,000
On-chain data shows signs that the Bitcoin whales have been selling as the cryptocurrency has observed a surge above the $31,000 level. The Number Of Bitcoin Whales On The Network Has Dropped Recently According to data from the on-chain analytics firm Santiment, while the whales have been selling, the smaller entities have been accumulating. The […] дальше »
2023-7-14 18:00 | |
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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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Celsius Founder Alex Mashinsky Pleads Not Guilty, Granted Bail
Alex Mashinsky, the founder and former CEO of Celsius, pleaded not guilty to charges of misleading customers and artificially inflating the CEL token shortly after being arrested on Thursday. Following this, he was released on bail by a US District Judge on a bond of $40 million. дальше »
2023-7-14 15:00 | |
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Binance appoints new general counsel amid intensifying legal troubles
Binance has appointed Eleanor Hughes as its new general counsel, effective immediately, according to a July 13 press release. Hughes first joined Binance in November 2021 and was subsequently appointed head of legal for the APAC and MENA regions. дальше »
2023-7-14 22:20 | |
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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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First Bitcoin futures contract debuts in Argentina
According to Matba Rofex, the trading platform behind the investment vehicle, the first Bitcoin futures contract in Latin America has begun trading. дальше »
2023-7-14 20:50 | |
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Circle To Lay Off Staff And Refocus On Core Activities
Circle, the company behind the USDC stablecoin, has recently laid off a portion of its workforce amid a turbulent year for the digital asset industry. According to the company, the recent layoffs aimed to maintain a strong balance sheet. дальше »
2023-7-14 18:00 | |
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Celsius Ex-CEO Alex Mashinsky Arrested and Sued by SEC
Alex Mashinsky, former CEO of the cryptocurrency lender Celsius Network, has been arrested and faces multiple legal actions following his charge of fraud and alleged attempts to manipulate cryptocurrencies, according... дальше »
2023-7-14 17:57 | |
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Polygon Labs proposes replacing ‘MATIC’ token with upgraded ‘POL’ in ecosystem expansion plan
Polygon Labs has revealed a technical proposal to upgrade its MATIC token to POL, a hyperproductive third-generation native asset, according to a July 13 blog post. What is POL? According to its whitepaper, POL will be the native token of the Polygon and will be a significant tool for coordinating and incentivizing the whole ecosystem. дальше »
2023-7-14 17:35 | |
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Tron’s June activity leaves Ethereum, Solana trailing
Tron's active addresses surpassed that of Ethereum, Solana, and other blockchains. Solana and the Justin Sun-led project had a more comparable performance than Ethereum. According to Nansen,The post Tron’s June activity leaves Ethereum, Solana trailing appeared first on AMBCrypto. дальше »
2023-7-13 17:30 | |
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KAVA Succumbs To Bearish Market Trend, Loses 11% In The Last Day
Following the bearish wave which has swept across the crypto market today, the KAVA token has experienced a significant fall in its market price. According to data from CoinMarketCap, KAVA is currently down by 10. дальше »
2023-7-14 15:19 | |
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Sharks and whales turn to stablecoins, signaling bull run
Sharks and whales have accumulated stablecoins while bitcoin consolidates between $30,000 and $31,000. According to Santiment, DAI and paxos standard (USDP) addresses holding between $100,000 and $10 million stablecoins have risen significantly since June 27. дальше »
2023-7-13 12:41 | |
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CPI report: Market reactions diverge as crypto sustain a slight dip
The CPI report showed that inflation rose by 0.2%. The stock market and precious metals saw a rise while crypto dipped slightly. According to recent data, the CPI report for June stayed withThe post CPI report: Market reactions diverge as crypto sustain a slight dip appeared first on AMBCrypto. дальше »
2023-7-13 12:30 | |
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Coinbase challenges SEC’s attempt to dismiss defenses, asserts lack of regulatory authority over crypto
Coinbase described the U. S. Securities and Exchange Commission’s (SEC) intent to strike out its defenses as a “disfavored” motion, according to a July 12 letter to Judge Katherine Failla. дальше »
2023-7-13 12:11 | |
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Google Play Joins The Tokenization Bandwagon With Blockchain Gaming And NFT Recognition
According to a recent report by VentureBeat, Google Play has updated its policies to allow blockchain-based digital content, including non-fungible tokens (NFTs) and other tokenized digital assets, in its app store. дальше »
2023-7-13 01:00 | |
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BNB Beacon Chain to introduce two security updates in upcoming hard fork
BNB’s Beacon Chain will soon undergo its “ZhangHeng” upgrade, according to an announcement from the project’s blog on July 12. That post indicates that the beacon chain mainnet will undergo a hard fork upgrade at block height 328,088,888 on July 19, 2023, at 6:00 UTC. дальше »
2023-7-13 00:00 | |
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Bitcoin HODLers Continue To Buy Despite Price Stalling
On-chain data shows that Bitcoin HODLers have continued to buy more of the asset recently, despite the price hitting stagnation. Bitcoin HODLers Continue To Show Strong Accumulation Behavior According to data from the on-chain analytics firm Glassnode, the BTC HODLers are filling up their wallets at a rate of 27,100 BTC per month. The “HODLers” […] дальше »
2023-7-13 21:00 | |
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Crypto crime is down 65% in 2023, though ransomware is still prevalent
Crypto-related crime is down a significant degree in 2023 compared to the preceding two years despite ransomware activity spiking to unprecedented highs, according to Chainalysis research. The Blockchain research firm’s data shows that cryptocurrency inflows to illicit services fell 65% on an annual basis, while inflows to risky services like mixers and high-risk crypto exchanges […] The post Crypto crime is down 65% in 2023, though ransomware is still prevalent appeared first on CryptoSlate. дальше »
2023-7-13 20:18 | |
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Polygon Volume Registers Sharp Increase, What Does It Mean?
On-chain data shows the Polygon trading volume has seen a significant increase compared to the other altcoins. Here’s what this means for MATIC. Polygon Trading Volume Has Observed A Sharp Jump Recently According to data from the on-chain analytics firm Santiment, altcoins have observed an increase in trading volume during the last few days. дальше »
2023-7-12 17:00 | |
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Celsius files lawsuit to recover $150M crypto assets from StakeHound
Bankrupt crypto lender Celsius has commenced legal action against Stakehound for failing to pay back $150 million in digital assets, including staked Ethereum (ETH), Polkadot (DOT), and Polygon’s MATIC, which it entrusted to the staking platform in 2021, according to a July 11 court filing. дальше »
2023-7-12 15:30 | |
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Bitcoin price rises as investors turn to self-custody
On-chain data shows that bitcoin (BTC) has entered the accumulation phase over the past few months despite the high price fluctuations. According to data provided by Glassnode, the number of bitcoins on exchanges has been constantly falling since May and… дальше »
2023-7-12 15:17 | |
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Bitcoin, Ethereum Are Seeing A Bullish Divergence In This Metric
A bullish divergence may be forming for both Bitcoin and Ethereum if the data of this on-chain indicator is anything to go by. Bitcoin & Ethereum Net Realized Profit/Loss Has Turned Negative Recently According to data from the on-chain analytics firm Santiment, the average trader is moving their BTC and ETH at a slight loss […] дальше »
2023-7-12 14:33 | |
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Cathie Wood’s Ark Invest unloads $12M Coinbase shares as COIN rallies to one-year high
Ark Invest Management sold 135,152 Coinbase shares for $12 million on July 11, according to data from Cathiesark. On July 11, COIN rallied to a one-year high of $90, continuing its mostly positive price performance of a recent while. дальше »
2023-7-12 14:00 | |
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Ark Investment’s Fund makes first Coinbase shares dump in year
Cathie Wood’s investment management firm Ark Invest (ARK), one of the largest holders of Coinbase shared, has sold off some of its stash, worth over $12 million. According to Bloomberg, ARK Innovation exchange-traded funds (ETF), one of the funds managed… дальше »
2023-7-12 12:15 | |
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7-Eleven offers free NFTs on its 96th birthday
7-Eleven, the world’s largest convenience store chain, just tapped into the non-fungible token (NFT) ecosystem on its 96th birthday. According to the press release, the largest convenience store chain launched its “Find Your Slurpee Vibe” collection on Polygon. 7-Eleven allows… дальше »
2023-7-12 12:03 | |
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Global metaverse market could reach $322 billion by 2030, research shows
The global metaverse market is projected to grow massively, reaching $322 billion by 2030, according to a report by ResearchAndMarkets. Massive growth potential According to ResearchAndMarkets’ latest report, the metaverse market was valued at around $42.05 billion during the 2021… дальше »
2023-7-12 01:51 | |
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Bear Market Woes: NEAR Foundation’s Treasury Loses $200 Million
The NEAR cryptocurrency’s hit in price seems to have made its way to the NEAR Foundation’s treasury. According to the foundation behind NEAR’s layer-1 blockchain, it saw a $200 million decline in its treasury at the end of the second quarter of the year. дальше »
2023-7-12 01:30 | |
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Vitalik Buterin Moves $3.6 Million of ETH To OKX, Ethereum Price Dump Incoming?
An address associated with the Ethereum co-founder, Vitalik Buterin, has moved 2,013 ETH to OKX, a cryptocurrency exchange, Lookonchain, citing Etherscan data, on July 11 shows. According to on-chain data, the stash is currently valued at over $3. дальше »
2023-7-12 00:30 | |
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Algorand’s Biggest DeFi Project AlgoFi Set To Shut Down
Algorand’s largest DeFi protocol, Algofi, has announced it will be shutting down in the coming months. According to a blog post by Algofi, the decision to decommission its platform is due to a “confluence of events,” which has made it impossible to maintain its highest standards of service. дальше »
2023-7-12 22:30 | |
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Crypto spot trading volume drops 36% in Q2, CoinMarketCap reports
According to a crypto data platform CoinMarketCap, 20 crypto exchanges contributed $1.67 trillion in total spot trade volume in Q2 2023, which represents a 36% drop from the previous quarter. Binance, despite its current legal hurdles, still maintains a majority… дальше »
2023-7-12 22:15 | |
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Stablecoin Or CBDC: Circle CEO Proposes The Better Option For China
The CBDC quest has continued soaring as many countries move to launch it. According to a CBDC tracker, Atlantic Council, 130 countries are exploring CBDC, while 19 countries out of the G20 are in an advanced stage. дальше »
2023-7-12 21:30 | |
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Ripple CTO predicts summary judgment for September, says delay not unusual
Ripple (XRP) CTO David Schwartz predicted that Judge Analisa Torres would rule on the case between his company and the U. S. Securities and Exchange Commission by September, according to a July 10 tweet. дальше »
2023-7-11 14:04 | |
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Today’s Crypto Highlights: Stay Informed on Bitcoin, Blockchain, DeFi, NFTs, Web3, and Crypto Regulations
Here’s the latest update on the cryptocurrency market, including Bitcoin, blockchain technology, DeFi, NFTs, Web3, and crypto regulations: MicroStrategy Poised to Benefit from Bitcoin Halving Rally According to analysts at Berenberg Capital, the upcoming Bitcoin halving event could have a positive impact on Bitcoin-related stocks like MicroStrategy, a software analytics firm led by Michael Saylor. дальше »
2023-7-11 13:43 | |
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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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Bitcoin At Mid-Cycle Point: Historical Pattern Repeating Itself?
Bitcoin has reached a critical juncture in its current market cycle, according to a recent analysis conducted by on-chain analytics firm Glassnode. The data reveals striking similarities to historical patterns, raising questions about the potential emergence of a familiar phenomenon: the re-accumulation period. дальше »
2023-7-11 11:50 | |
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Arkham suspected of privacy trafficking, users complain
According to crypto reporter Colin Wu, Binance’s popular IEO project, Arkham Intelligence, has been collecting private user data. Per the tweet, Arkham’s blockchain intelligence platform has been leaking a huge number of users’ private email addresses, calling it “personal privacy… дальше »
2023-7-11 11:08 | |
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MINA Price Set to Soar: Analysts Predict Another 80-90% Bullish Wave
The cryptocurrency world is about to witness a potential rally in the price of the MINA token. According to World Of Charts, a widely followed cryptocurrency prediction account, MINA is forming a descending channel in H8 timeframe and upon a breakout, we can expect a bullish wave of 80 – 90%. дальше »
2023-7-11 10:53 | |
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The One Ingredient Missing From A Full-Bore Bitcoin Bull Run
Bitcoin price is showing resilience in the face of adversity and is up nearly 100% from bear market lows. However, it has yet to show signs of an undeniable bull market as it has in the past. That’s because of just one missing ingredient, according to a new BTCUSD weekly chart. дальше »
2023-7-11 01:19 | |
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Grayscale challenges SEC’s decision on leveraged Bitcoin ETF as GBTC discount narrows
Crypto asset manager Grayscale has questioned the U.S. Securities and Exchange Commission’s decision to approve a leveraged Bitcoin (BTC) exchange-traded fund (ETF) in a July 10 letter. The firm’s Bitcoin Trust (GBTC) also narrowed to its lowest point since May 2022, according to ycharts data, GBTC discount narrows GBTC’s discount to its net asset value […] The post Grayscale challenges SEC’s decision on leveraged Bitcoin ETF as GBTC discount narrows appeared first on CryptoSlate. дальше »
2023-7-11 23:57 | |
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Celsius’s bankruptcy-induced liquidation plans could pressure overall crypto market: Kaiko
Bankrupt lender Celsius’s plan to liquidate its altcoins for Bitcoin (BTC) and Ethereum (ETH) could exert more pressure on the crypto market, according to a July 10 report from blockchain analytical firm Kaiko. дальше »
2023-7-11 22:30 | |
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