Binance is finally getting a headquarter as regulators slam ‘decentralized’ workspaces

After facing a ton of regulatory scrutiny about its lack of a physical headquarters anywhere in the world, Changpeng Zhao, the CEO of Binance, the largest crypto exchange by trading volume, has revealed that the exchange would be embracing a centralized headquarters sometime soon. Binance lacks a physical headquarter Binance, created four years ago, has…

Crypto.com inks multimillion crypto and NFT deal with esports giant FNATIC

Global esports performance brand Fnatic yesterday revealed Crypto.com, a crypto platform with more than 10 million users worldwide, as its inaugural Global Cryptocurrency Partner.  The multi-year deal will enable Crypto.com to seamlessly engage with Fnatic’s truly global and digitally native audience and worth more than $15 million, CryptoSlate learned in a release. “We’re stepping up…

OpenSea exec Nate Chastain quits after allegedly trading NFTs on insider information

Rumors of insider trading at OpenSea, the industry’s largest NFT marketplace, seem to be true, the company confirmed in a statement earlier today. The crypto community reacted strongly yesterday after it was revealed that a senior exec within the company used insider information to trade NFTs. And while the company didn’t identify the employee that…

47% of South Africans own Bitcoin (BTC), holding $70 worth on average

As conversations regarding the use and purchase of digital assets in Africa continues to gain ground, details have emerged that about 47 percent of South African adults hold at least one form of cryptocurrency. South Africa’s are investing in BTC Per data from a recent finding conducted by the foremost market research and data specialist…

Creator of Fidenza NFTs calls out Solana copycat for stealing his algorithm

SolBlocks have announced the launch of a new collection of NFTs called SolBlocks Series I (Fidenza). The team added that they will be using the same algorithm script employed by the original Fidenza artist, Tyler Hobbs. “The main theme behind SolBlocks is to make the most iconic & attractive generative-art algorithms available on a wider…

El Salvador: Bitcoin (BTC) protestors step up campaign of terror on Independence Day

It’s coming up to a week and a half since El Salvador passed the Bitcoin law, making it legal tender in the country. Throughout the process, sections of the population have voiced their discontent. But reports at the ground level suggest the situation was calming down following the law’s passing. However, on El Salvador’s independence…

DeFi comes to Cardano (ADA) as EMURGO announces ‘Astarter’

EMURGO, the official commercial arm of the Cardano blockchain protocol, formally announced today Astarter — a joint venture with China-based technology firm BlockChain4A — to facilitate collaboration between the two companies to build decentralized financial (DeFi) services infrastructure on Cardano. EMURGO, the official commercial arm of @Cardano, has teamed up with Shenzhen-based technology firm Blockchain…

Ripple (XRP) v SEC gets new twist after privileged’ documents blocked

The US Securities and Exchange Commission (SEC) recently filed a letter regarding the Court’s order to submit allegedly privileged documents requested by Ripple. In the letter, the SEC argued that all documents listed in the submission, which will be reviewed by Judge Sarah Netburn in camera, are protected by the deliberative process privilege (“DPP”). According…

Successful Demo Day at Sanctor Turbo sees Solana, DeFi, and NFTs come under focus

Three projects graduated from Sanctor Turbo, a Y-Combinator style mentorship program for Web3 companies organized by Sanctor Capital on September 14, marking the completion of an intense six-week sprint that saw builders and investors iterate grandiose plans for the crypto-led future. It saw Koii Network introduce the world’s first ‘atomic NFTs,’ tokens that react to…