FatMan Terra, in a Twitter thread, revealed how an unnamed “friend” pumped Dock (DOCK) via billboard advertisements and a BitBoy Crypto video. Thought it would be fun to share a story from last year where I watched a friend of mine pump a sh*tcoin on Binance by buying billboards and a BitBoy Crypto video. Nothing we…
US bars crypto holders from contributing to crypto policies
The United States Office of Government Ethics on July 5 issued a legal advisory warning that banned government employees holding crypto assets from working on crypto-related policies. According to the advisory note, the office declared that the “de minimis” exemption does not apply to cryptocurrencies and stablecoins. The exemption initially allowed owners of securities below…
North Korea’s ‘illicit’ crypto holdings heavily impacted by market crash
The recent crypto market crash has left North Korea with millions of dollars in losses on its stolen crypto assets and could affect funding for its weapons program, Reuters reported. Bitcoin’s (BTC) recent crash to under $20,000 means the sanction-ridden country has accrued millions in unrealized losses on its illicit crypto funds. North Korea’s stolen…
BitMex Founder Arthur Hayes highlights danger of further decline in Bitcoin, Ethereum prices
👋 Want to work with us? CryptoSlate is hiring for a handful of positions! BitMex co-founder Arthur Hayes said that a further dip in Bitcoin (BTC) and Ethereum (ETH) prices below their current threshold could be disastrous for the market. Hayes tweeted that if Bitcoin’s price should fall below the $20k mark, there would be…
South Korea’s top exchanges seek to prevent another Terra-like crash
👋 Want to work with us? CryptoSlate is hiring for a handful of positions! The top five crypto exchanges in South Korea have decided to form a consultative body that will prevent a situation similar to the Terra crash from happening again, according to South Korean news outlet YNA. The exchanges involved are UpBit, Coinone,…
US DOJ wants more international collaboration to fight crypto crime
👋 Want to work with us? CryptoSlate is hiring for a handful of positions! The US Department of Justice (DOJ) has called for more international collaboration and sharing of information about crypto crimes to protect investors, businesses, and consumers using digital assets in its latest report. According to the report, the DoJ said that international…
Japan-based exchanges to change screening method for listing crypto assets
👋 Want to work with us? CryptoSlate is hiring for a handful of positions! Japan Virtual and Crypto assets Exchange Association (JVCEA) plans to ease its strict screening process for listing new cryptocurrencies after the Japanese government expressed some concerns about the process, Bloomberg News reported. JVCEA is responsible for assessing the crypto assets that…
New US bill looks to incorporate crypto into the traditional financial system
👋 Want to work with us? CryptoSlate is hiring for a handful of positions! Senators Cynthia Lummis and Kirsten Gillibrand are ready to present a draft bill on crypto regulations to the U.S. senate. According to a report from Politico, this is a first-of-its-kind bill aimed at totally incorporating digital assets into the U.S. financial…
Australian mayor suggests crypto as tax payment option
👋 Want to work with us? CryptoSlate is hiring for a handful of positions! Gold Coast Mayor Tom Tate has said residents could pay taxes and rates with cryptocurrency in the future, even as critics and experts point to volatility as a major concern, ABC News reported. Tate reportedly said, “Why can’t we pay rates…
New crypto scam targets tech savvy individuals
👋 Want to work with us? CryptoSlate is hiring for a handful of positions! A San Francisco Examiner report has revealed that two tech-savvy individuals were victims of an elaborate crypto scam that led to the loss of $2.5 million. The report revealed that the scam technique used by these malicious players is known as…