Bitcoin liquidity situation worsening; volatility expected to be enhanced

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Polygon, ex-Meta executives defend Coinbase following SEC Wells notice

Ad Several notable cryptocurrency industry figures have come to the defense of Coinbase following the company’s receipt of a Wells notice. Polygon comes to the defense of Coinbase The Wells notice received by Coinbase indicates that the U.S. Securities and Exchange Commission likely intends to file charges against the exchange. In response, Polygon Labs president…

Bitcoin, mempool explodes; not Ordinals driven

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Uphold ends staking for US customers following SEC guidance

Ad Crypto exchange Uphold, which is integrated into the Brave Rewards program of the Brave browser, has sent an email to customers indicating that it will end its staking services to U.S. customers on April 27, 2023. Following recent moves by the SEC to crack down on crypto-related products and companies, Uphold announced that it…

SEC issues investor alert over crypto investments

Ad The US Securities and Exchange Commission (SEC) on March 23 issued a notice highlighting several reasons investors should be wary of investing in crypto assets securities. “Investments in crypto asset securities can be exceptionally volatile and speculative, and the platforms where investors buy, sell, borrow, or lend these securities may lack important protections for…

Centi launches CHF stablecoin backed 1:1 by a Swiss bank

Ad Switzerland-based startup Centi announced the launch of a stablecoin pegged to the Swiss franc on March 21, according to a press release. The token is called the Centi Franc Stablecoin (CCHF), and it will be backed 1:1 by a Swiss bank guarantee. The company said that the CCHF coin will serve as the “basis”…

Over 300M Arbitrum ARB tokens claimed; price plunges 90%

Ad Arbitrum’s newly airdropped token ARB price dropped by around 90% to $1.20 as investors rapidly dumped their token, according to CryptoSlate’s data. During the first hour of its claim, the ARB token traded for $3.99 on decentralized exchange (DEX) Uniswap and above $5 on centralized exchanges like KuCoin, Kraken, and OKX. During the period,…

USDT dominance exceeds 60% – fundamentals for stablecoins declining at rapid rates

Disclaimer: By using this website, you agree to our Terms and Conditions and Privacy Policy. CryptoSlate has no affiliation or relationship with any coin, business, project or event unless explicitly stated otherwise. CryptoSlate is only an informational website that provides news about coins, blockchain companies, blockchain products and blockchain events. None of the information you…