Ad Binance, the largest cryptocurrency exchange in the world, and its CEO Changpeng Zhao have been sued by the US Commodity Futures Trading Commission (CFTC) for allegedly operating an “illegal” exchange and a compliance program officials have deemed “a calculated strategy of regulatory arbitrage.” The suit, released on March 27, is part of a broader…
BlockFi will refund $100K to California users
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
The web3 gaming evolution – tokenomics, community, gambling & the future – SlateCast 57
In the latest episode of the SlateCast, Akiba was joined by Grant Haseley, Executive Director of Wagyu Games, the creator of web3 shooter Undead Blocks. The Shift from Play-to-Earn to Play-and-Earn As the Web3 gaming industry grows, the focus shifts from traditional play-to-earn models to more sustainable and engaging play-and-earn experiences. With games like Axie…
Market uncertainty on Fed rate decision persists as yields rise
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
Binance calls CFTC charges ‘unexpected,’ says it will cooperate with regulators
Ad Binance has responded to charges filed by the Commodities and Futures Trading Commission (CFTC) in a statement provided to CryptoSlate on March 27. Binance comments on CFTC charges A Binance spokesperson called the CFTC’s charges “unexpected and disappointing” and said that Binance has worked with the regulator for over two years. That spokesperson said…
New Kaspersky report finds 14% of crypto users don’t back up keys, seed phrases
Ad A third of Americans who own or have owned cryptocurrency have fallen victim to scams and theft, according to a recent survey by cybersecurity firm Kaspersky. The survey released by the security firm found that a third of respondents have had their crypto assets stolen, with the average value of the theft being $97,583….
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,…
Liquidations main reason for crypto sell-off, small amounts of realized losses
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
Contagion from SVB’s collapse highlights need for banking system resilience, says Fed official
Ad FDIC guarantees all deposits but investors suffer losses in SVB and Signature failures, with Basel III endgame reforms crucial to enhancing the banking system’s resilience, says a Fed official. Silicon Valley Bank is set to be discussed in a hearing on Tuesday by a top Federal Reserve official, who plans to tell lawmakers that…
Justin Sun’s US fraud charges could hamper Huobi’s license application in Hong Kong
Ad Justin Sun does not believe the U.S. fraud charges levied against him will impact Huobi Global’s license application in Hong Kong, Nikkei Asia reported on March 27. However, lawyers believe otherwise and told the newspaper that the Hong Kong Securities and Futures Commission (SFC) will be hesitant to approve a license under current circumstances….