Latest Report De-dollarization: Do all roads eventually lead to Bitcoin? The U.S. dollar’s reign as the reserve currency of the world could be coming to an end. CryptoSlate’s latest market deport explores the de-dollarization of the world to find what role will Bitcoin play in the global economy. Andjela Radmilac · 4 days ago
Bitcoin reclaims $28,000 despite regulatory woes from Binance lawsuit
Ad Bitcoin rose above $28,000 on March 29, recovering from regulatory pressures caused by the Commodities Futures Trading Commission (CFTC) filing against Binance. CFTC alleges Binance violated commodities law On March 27, the CFTC sued Binance, CEO Changpeng Zhao (CZ), and Compliance Lead Samuel Lim — alleging the defendants had violated commodities regulations. The complaint…
Europe is getting its first ETP based on a Morgan Stanley index
Ad ETC Group, a digital asset-backed securities provider, announced today that it would list Europe’s first index-based crypto ETP based on an index from Morgan Stanley. The ETP will be based on the MSCI Digital Asset Select 20 ETP and is set to launch on Germany’s Deutsche Börse XETRA in April. MSCI developed the index…
SafeMoon’s liquidity pool compromised
Ad The liquidity pool (LP) for the DeFi project SafeMoon has been compromised, according to a statement from the project on Twitter on March 28. SafeMoon LP compromised, details unknown SafeMoon said it is taking steps to resolve the issue but gave few other details on the matter. The ultimate cause of the incident is…
Senators grill federal officials over lack of oversight into SVB, Signature Bank collapse
Ad In a closely watched Senate hearing held on Mar 28, regarding the collapse of crypto-friendly banks Silicon Valley Bank (SVB) and Signature Bank, William Barr, a top official at the US Federal Reserve, acknowledged the potential benefits of testing for higher rates and expressed his plans to broaden the scope of future tests. During…
Law firm Cooper & Kirk accuses US regulators of weaponizing banking
Ad Cooper & Kirk published a paper titled “Operation Choke Point 2.0: The Federal Bank Regulators Come For Crypto,” where the Washington D.C.-based law firm dives deep into the unlawful, unconstitutional, and arbitrary “backroom war on crypto” led by U.S. regulatory authorities. Crypto under fire A February tweet from Castle Island Ventures Partner Nic Carter…
SBF charged with bribing Chinese government officials with $40M
Latest Report De-dollarization: Do all roads eventually lead to Bitcoin? The U.S. dollar’s reign as the reserve currency of the world could be coming to an end. CryptoSlate’s latest market deport explores the de-dollarization of the world to find what role will Bitcoin play in the global economy. Andjela Radmilac · 3 days ago
Binance-linked addresses plunge by over $1B following CFTC lawsuit
Ad On-chain data shows that addresses related to Binance are recording outflows following the lawsuit filed against it by the Commodity Futures Trading Commission (CFTC). Crypto intelligence platform Arkham Intelligence dashboard showed that the value of the wallets connected to the crypto exchange decreased by $1.46 billion since the news broke. According to the data,…
MicroStrategy acquires Bitcoin worth $150M, makes repayment on Silvergate loan
Latest Report De-dollarization: Do all roads eventually lead to Bitcoin? The U.S. dollar’s reign as the reserve currency of the world could be coming to an end. CryptoSlate’s latest market deport explores the de-dollarization of the world to find what role will Bitcoin play in the global economy. Andjela Radmilac · 2 days ago
Do Kwon charged in the US following confirmed arrest in Montenegro
Ad Terraform Labs (LUNA) founder Do Kwon was charged by the U.S. authorities hours after he was arrested in Montenegro on Mar. 23, according to a Financial Times report. Kwon is accused of defrauding crypto customers and is facing eight criminal counts — which include securities, commodities, and wire fraud, as the Financial Times article…