Blockchain lacks meaningful use cases, tech journalists tell UK lawmakers

Two journalists had a go at blockchain technology during a select committee in Westminster yesterday, June 29, Yahoo Finance reported. The post Blockchain lacks meaningful use cases, tech journalists tell UK lawmakers appeared first on CryptoSlate. дальше »

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OpenSea data breach causes massive leak of users’ email addresses

The NFT marketplace noted that it has reported the incident to law enforcement officials and that an inquiry is underway.

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Taiwan joins growing list of countries developing CBDCs

Taiwan’s central bank is working on developing a central bank digital currency (CBDC) but does not have a clear timeline for when it will be ready for public release, Reuters reported, citing the regulator’s governor, Yang Chin-long. дальше »

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North Korea’s ‘illicit’ crypto holdings heavily impacted by market crash

The recent crypto market crash has left North Korea with millions of dollars in losses on its stolen crypto assets and could affect funding for its weapons program, Reuters reported. The post North Korea’s ‘illicit’ crypto holdings heavily impacted by market crash appeared first on CryptoSlate. дальше »

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Court orders liquidation of Three Arrow Capital

A British Virgin Islands Court has ordered the liquidation of Three Arrows Capital (3AC), plunging the crypto hedge fund into a deeper crisis, Sky News reported. The post Court orders liquidation of Three Arrow Capital appeared first on CryptoSlate. дальше »

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Court Orders Three Arrows Capital to Liquidate Assets: Sky News

A court in the British Virgin Islands has ordered the liquidation of crypto hedge fund Three Arrows Capital,Sky News has reported. Three Arrows Capital Reportedly Facing Liquidation Three Arrows Capital... дальше »

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Dogecoin could rally by at least 40% this week

Dogecoin has reported a strong rally over the past 7 days. The coin is…

The post Dogecoin could rally by at least 40% this week appeared first on CoinJournal.

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Switzerland-based crypto mining firm expands operations to Texas

The company reported its operations in the United States will have an initial capacity of 3 megawatts, aiming for the firm’s total hashrate to be more than 1.6 EH/s. дальше »

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FTX debunks rumors of M&A conversations with Robinhood

Crypto exchange FTX denied media speculation that it is looking to acquire Robinhood, Reuters reported. The post FTX debunks rumors of M&A conversations with Robinhood appeared first on CryptoSlate. дальше »

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EvernodeXRPL has announced their public beta test phase

Smart contract platform EvernodeXRPL has announced their public beta test phase. EvernodeXRPL enthusiast Wo Jake reported that the smart contract platform EvernodeXRPL has announced their public beta test phase: «nobody’s using the #XRPL for anything, it’s a ghostchain with empty... дальше »

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Ripple Defendants have filed a letter opposing the SEC efforts to seal its response to amici

James K. Filan reported that Ripple Defendants have filed a letter opposing the SEC efforts to seal its response to amici. James K. Filan tweeted that Ripple Defendants have filed a letter opposing the SEC efforts to seal its response... дальше »

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Banxa to layoff 30% of workforce to shelter the “crypto winter”

Banxa announced on June 27 that it is laying off 30 percent of its staff, Australian Financial Review reported. The post Banxa to layoff 30% of workforce to shelter the “crypto winter” appeared first on CryptoSlate. дальше »

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Goldman Sachs says Coinbase may need to sack more workers; downgrades its stock rating to sell

Leading investment bank Goldman Sachs has downgraded Coinbase’s stock rating to sell from neutral and reduced its price target from $70 to $45 in its latest note, CNBC reported June 27. The post Goldman Sachs says Coinbase may need to sack more workers; downgrades its stock rating to sell appeared first on CryptoSlate. дальше »

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Tether CTO says portfolio is ‘stronger than ever’

Tether CTO Paolo Ardoino has reiterated the stablecoin issuer’s stance that its operations, products and portfolio is indeed as strong as ever. Ardoino’s comments, shared in a long Twitter thread on Monday, come amid what has been reported as a “coordinated attack” on Tether’s USDT by hedge funds after LUNA/UST’s collapse. дальше »

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Tax Rates To Cap At 28% As India Calls For Crypto Transaction Tax Meeting

The Indian government has scheduled a panel meeting with its ministers to discuss tax rates within the country, with a potential 28% increase as reported by Bloomberg. The meeting is slated for next week Tuesday and Wednesday. дальше »

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ViaBTC Capital | A Commitment to Service-oriented and Long-term Investments

Recently, the market has remained sluggish, and the crypto bear has been a great challenge to both individual and institutional investors. Over the recent period, it has been reported that many big-name VC funds sold off the tokens of the projects they had invested in as soon as they were unlocked. In particular, the token […] дальше »

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Top 5 AI & Big Data Tokens by Market Capitalization In June 2022

Advanced analytics and information streamlining underpin the field of computer science known as artificial intelligence (AI). By 2025, the worldwide AI market will be worth $390. 9 billion. This results from AI’s broad potential for use, even in the Robotics field, as we’ve reported earlier. дальше »

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Goldman Sachs wants to buy Celsius assets: Report

Goldman Sachs is reportedly ready to pounce onto the assets of beleaguered crypto lender Celsius Network, CoinDesk reported on Friday citing sources familiar with the development. Per the report, the banking giant is eyeing $2 billion in funding from investors for a potential purchase of the Celsius assets should it file for bankruptcy. дальше »

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Axie Infinity to start reimbursing Ronin bridge hack victims from June 28

Months after the exploit that led to the theft of over $600 million, Axie Infinity developers Sky Mavis will finally reimburse users and restart the Ronin bridge exploited in the attack, Bloomberg reported. дальше »

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RBI, Indian Banks to Pilot Blockchain Trade Financing: Report

The Reserve Bank of India (RBI) is to develop a proof-of-concept blockchain project focused on trade financing alongside various top Indian banks, the Economic Times reported Thursday. дальше »

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Top Decentralized Stablecoin Alternatives to USTC (Formerly UST)

The recent cataclysmic crash of the Terra Classic (LUNC; formerly LUNA) left several people bankrupt. South Korean officials reported 8 confirmed suicides due to this blow. Stablecoins emerged as a way for cryptocurrency investors to park their funds to escape from volatility. дальше »

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Crypto AuM at lowest point as investors buy the Bitcoin dip

Crypto investment products saw $39 million in outflows during the week of June 13, bringing the value of assets under management (AuM) in the industry to $36 billion — its lowest point since February 2021, CoinShares reported. дальше »

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FTX US acquires Embed Financial subsidiary for stock trading platform

The FTX Stocks platform has been in beta testing for select U.S. users since May, but the firm reported it would be available to all domestic customers sometime in the summer. дальше »

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Elrond gears up for a bull run in the coming weeks

Like so many other cryptocurrencies in the market, Elrond has reported steady gains at…

The post Elrond gears up for a bull run in the coming weeks appeared first on CoinJournal.

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XUMM Support reported a major outage

Оn twitter, XUMM Support reported a major outage. On Twitter today, XUMM Support reported a major outage. The reason was problems with Cloudflare. Most services & platforms are currently experiencing issues due to a major outage at @Cloudflare (trusted by... дальше »

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SBI Motor Japan may considers the use of XRP’s ODL in its business model

Japanese used car exporting company SBI Motor Japan may considers the use of XRP’s ODL in its business model. It was reported on Twitter that Japanese used car exporting company SBI Motor Japan may considers the use of XRP’s ODL in... дальше »

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Three Arrows Capital reportedly considering asset sales, bailout

Three Arrows Capital, which has been facing allegations of using client funds to meet margin calls, is exploring asset sales or a bailout, The Wall Street Journal reported June 17. The post Three Arrows Capital reportedly considering asset sales, bailout appeared first on CryptoSlate. дальше »

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New York State May Ban Any Crypto Mining Powered by Fossil Fuels

Tick Tick Boom For weeks now, a bill that would ban all crypto mining that uses fossil fuels has languished on the desk of New York's governor, which begs the question — what now? This dramatic story, as reported by The Daily Beast, has gone mostly underreported this week as both the stock market and the […] дальше »

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SEC has submitted to the Court for in camera review three categories of documents

James K. Filan reported that the SEC has submitted to the Court for in camera review three categories of documents. Lawyer James K. Filan spoke about the news of the trial on Twitter. He reported that the SEC has submitted... дальше »

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Israel, Hong Kong enter partnership to test new CBDC against cyber risks

The Bank of Israel has joined hands with the Hong Kong Monetary Authority to test a new central bank digital currency (CBDC), Bloomberg News reported on June 16. The post Israel, Hong Kong enter partnership to test new CBDC against cyber risks appeared first on CryptoSlate. дальше »

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FINRA CEO welcomes crypto employees who were laid off as agency increases focus on digital assets

Financial Industry Regulatory Authority (FINRA) CEO Robert Cook talked about the agency’s direction towards the crypto market to understand and monitor cryptocurrencies and said that people recently laid off from crypto companies were welcome to join FINRA, Reuters reported June 14. дальше »

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Terra’s Do Kwon Is Being Investigated for Tax Fraud

Prosecutors have started to investigate Terraform Labs CEO Do Kwon for tax evasion, according to reports from local media. South Korean Prosecutors Seize Tax Data SBS News reported today that... дальше »

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Celsius Hires Restructuring Lawyers To Help Navigate Through Its Financial Woes

Cash-strapped crypto lender Celsius Network has reportedly hired restructuring attorneys from US-based law firm Akin Gump Strauss Hauer & Feld LLP to help with its current financial woes, the Wall Street Journal reported Wednesday, citing sources familiar with the matter. дальше »

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MicroStrategy denies receiving a margin call against $205M BTC-backed loan

Business intelligence company MicroStrategy claims it has not received a margin call against the $205 million Bitcoin (BTC)-backed loan it took in March, Reuters reported. The post MicroStrategy denies receiving a margin call against $205M BTC-backed loan appeared first on CryptoSlate. дальше »

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Report: Unexpected liquidations may force Three Arrows Capital into bankruptcy

The present market situation echoes the early days of the 2008 financial crisis, owing to increased liquidations and conservative investor sentiments. Three Arrows Capital (3AC), a Dubai-based hedge fund manager, may be on the verge of bankruptcy after accruing at least $400 million in liquidations lately, as reported by The Block. дальше »

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Celsius hires restructuring lawyers to help ease its financial woes

Crypto lending platform Celsius has hired a legal team to advise on restructuring its business after facing liquidity issues, The Wall Street Journal reported, citing sources with direct knowledge of the matter. дальше »

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SEC has filed a letter requesting that the Court seal a portion of Exhibit A

James K. Filan reported that the SEC has filed a letter requesting that the Court seal a portion of Exhibit A. Attorney James K. Filan tweeted that the SEC has filed a letter requesting that the Court seal a portion... дальше »

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El Salvador President under fire over $18M loss after Bitcoin tumbles to $23k

El Salvador’s Finance Minister Alejandro Zelaya played down the impact of Bitcoin crashing on the country’s financial health, Reuters reported. The post El Salvador President under fire over $18M loss after Bitcoin tumbles to $23k appeared first on CryptoSlate. дальше »

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Binance CEO says firm is ‘expanding hiring’ despite market crash

Binance CEO Changpeng Zhao (CZ) has said that the bear market is a great time for crypto companies to hire more people and increase investments, Bloomberg News reported June 13. The post Binance CEO says firm is ‘expanding hiring’ despite market crash appeared first on CryptoSlate. дальше »

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Goldman Sachs Begins Trading Ethereum-Linked Derivative Product

Bloomberg reported on Monday that Goldman Sachs has begun trading a sort of derivative linked to Ethereum. Goldman Sachs Launches Derivative Product As a torrent of institutional money entered the market in 2021, the investment bank relaunched its crypto activities, with the core of its services focusing around derivatives tied to cryptocurrencies like bitcoin. Goldman […] дальше »

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Why Justin Sun Reported A 500% APR To Short TRX On Binance

TRON (TRX) founder Justin Sun has come out in defense of the network stablecoin, USDD. The digital asset began deppeging from the U. S. dollar value and hinted at another catastrophic event in the crypto market, like the one experienced by Terra (LUNA) and its native stablecoin UST. дальше »

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Ripple XRP became the most popular digital asset according to WhaleStats

According to recent reports from WhaleStats, Ripple XRP has become the most popular digital asset. Online tracker WhaleStats recently reported that Ripple XRP has become the most popular digital asset. дальше »

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BlockFi hires lobbyists to streamline talks with policymakers

Renowned crypto lending platform BlockFi has hired lobbyists from Arnold & Porter Kaye Scholer LLP to work on regulatory and tax policy for financial service providers in digital assets, Reuters reported. дальше »

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Everything We Know About “French Family NFT,” the New NFT Hype That Could Surpass BAYC and Other Ethereum Collections

NullTX first reported the launch of French Montana’s new NFT collection, which was temporarily named “French Family NFT. ” The collection will be the first to unite the music ecosystem with metaverse and cryptocurrency. дальше »

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US Treasury Secretary Yellen advises against Bitcoin for retirement savings

United States Treasury Secretary Yellen said Bitcoin, as a retirement savings vehicle, would be a “very risky” move, Bloomberg News reported. The post US Treasury Secretary Yellen advises against Bitcoin for retirement savings appeared first on CryptoSlate. дальше »

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Coinbase reports bug preventing Solana cold storage access

United States crypto exchange Coinbase has reported an issue affecting custodial access to Solana. The post Coinbase reports bug preventing Solana cold storage access appeared first on CryptoSlate. дальше »

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Salesforce trials NFT service amid plunging trading volumes

Bloomberg reported that American cloud-based software company Salesforce is piloting a new non-fungible token (NFT) cloud service for minting, managing, and selling NFTs. The post Salesforce trials NFT service amid plunging trading volumes appeared first on CryptoSlate. дальше »

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Japan-based exchanges to change screening method for listing crypto assets

Japan Virtual and Crypto assets Exchange Association (JVCEA) plans to ease its strict screening process for listing new cryptocurrencies after the Japanese government expressed some concerns about the process, Bloomberg News reported. дальше »

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Citadel Securities, Virtu Financial team up to create crypto ecosystem

Asset managers Citadel Securities and Virtu Financial are partnering up to create a crypto trading “ecosystem” that will allow retail brokerages to offer crypto-related services to their clients, Reuters reported, citing sources with knowledge of the matter. дальше »

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Xrpl.Services platform reported a bug with the xls20 implementation

On Twitter the Xrpl.Services platform reported a bug with the xls20 implementation. On Twitter on June 4, the Xrpl.Services platform reported a bug with the xls20 implementation. The explanation stated the following: There is a known bug with the xls20... дальше »

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