Ad On Feb. 17, a wallet that had been previously engaged in front-running token listings on Binance made another trade, this time purchasing and selling the Gains (GNS) token just before listing on the world’s leading exchange. (Source: Lookonchain) According to an analysis by Lookonchain, the crypto trader, whose identity remains unknown, made a profit of…
Ad Quick Take Circle submits a response to the Central Bank of Ireland highlighting the benefits of blockchain-based financial services for consumers. Circle offers recommendations on how financial supervisors can support innovation while ensuring consumers’ best interests. Public blockchains can increase competition and disaggregate financial services, benefiting consumer privacy and improving capabilities in the fight…
Ad After a rough year, January was the most favorable month for the crypto market. While most of what can be said apply to other bullish cycles, several statistics made January highly interesting in the blockchain space. For example, while altcoins tend to trail BTC in performance (first is Bitcoin season, then altcoin season), the…
Ad OpenSea, the leading NFT marketplace, announced in a Tweet on Feb. 17 that it would be adopting a controversial move to temporarily waive its marketplace fee, ramping up the battle for market share with zero-fee platform Blur. Main changes to OpenSea A temporary 0% marketplace fee, default on all collections without on-chain royalty enforcement….
Ad U.S. Congress should hold an inquiry into Binance.US over its connection to Merit Peak, according to statements from a senator quoted by Reuters on Feb. 17. Senator Roger Marshall told the publication: “Something fishy is going on here that clearly doesn’t pass the smell test…Congress needs answers, and Binance.US and Silvergate are obligated to…
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Ad A former top employee of FTX is preparing to reach a plea deal with U.S. prosecutors, Bloomberg News reported Feb. 17. The publication reported that Nishad Singh, who served as FTX’s director of engineering, plans to plead guilty as Manhattan prosecutors prepare to file charges. Based on previous developments, the U.S. Attorney’s Office for…
Ad New data suggests that the bankrupt lender Voyager Digital is moving large amounts of Shiba Inu (SHIB) tokens to Coinbase. According to Peckshield, a blockchain cybersecurity firm, Voyager Digital has transferred $28.7 million worth of digital assets to various crypto exchange platforms. (Source: PeckSheild) The distressed crypto firm has moved 250 billion SHIB tokens,…
Ad The biggest news in the cryptoverse for Feb. 17 saw Terra-related tokens lose part of their value as the U.S. SEC declared them to be securities. Meanwhile, Binance saw the market cap of its BUSD stablecoin decline and denied rumors that it would delist assets other assets, such as USDC. CryptoSlate Top Stories Terra-related…
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