The U.S. Securities and Exchange Commission (SEC) is suing Coinbase, America’s biggest cryptocurrency exchange, for allegedly breaching securities laws. The SEC claims Coinbase operated as an unregistered broker, exchange, and clearing agency and offered unregistered securities via its Staking Program. Coinbase’s actions, according to the SEC, exposed investors to significant risk, prioritizing profit over investor…
China ramps up efforts to push CBDC adoption among public
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ApeCoin community approves $1M donation to Ethereum development
What is CryptoSlate Alpha? A web3 membership designed to empower you with cutting-edge insights and knowledge. Learn more › Connected to Alpha Welcome! 👋 You are connected to CryptoSlate Alpha. To manage your wallet connection, click the button below. Oops…you must lock a minimum of 20,000 ACS If you don’t have enough, buy ACS on…
Circle’s USDC to launch on Cosmos
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 · 3 days ago
Research: Tether shines as leading stablecoin in evolving market
Ad Following the FTX disaster in November, the stablecoin market has significantly changed, losing $12 billion in value. More recently, the issue was compounded by troubles at BUSD as the New York Department of Financial Services (NYFDS) ordered Paxos to cease token issuance. Source: Glassnode.com Glassnode data analyzed by CryptoSlate showed Tether has emerged as…
FTX lawyers S&C file $7.5M invoice for November services
Latest Report Is the crypto bottom in? On-chain says yes, macro says pain occurs after the fed pause Is Bitcoin poised for a new low or has the bottom been set at $15,500? CryptoSlate analyzed on-chain and macro data to present both sides of the argument. Andjela Radmilac · 4 days ago
Render token up 17% after DAO approves burn & mint mechanism
Render Network announced that it has received governance approval to implement a burn and mint equilibrium (BME) mechanism for its native token — RNDR. RNDR surged over 17% to become the fourth largest gainer over the last 24 hours following the news. The token is trading at $1.67 and its market cap stands at about…
Binance launches off-exchange custodial settlement platform
Binance announced on Jan. 16 the launch of a settlement platform that will allow institutional users to access exchange services while storing funds off-exchange. The new service, called Binance Mirror, will be available to institutional users who lock their assets in Binance Custody’s cold storage service. Those users will be able to “mirror” the balance…
CryptoSlate Wrapped: Gemini co-founder calls to oust DCG CEO; Binance liquidates $75M SHIB
The biggest news in the cryptoverse on Jan. 10 saw Gemini co-founder Cameron Winklevoss accuse DCG CEO Barry Silbert of fraud and demand his removal — only to receive a rebuttal from DCG itself. Elsewhere, Binance liquidated more than $75 million of Shiba Inu tokens, Albright Capital dropped a lawsuit against Terraform Labs, and Crypto.com…
Godfather malware targets crypto, banking apps
A piece of malware called “Godfather” is targeting users of crypto apps and other services, according to a statement from German regulator BaFin on Jan. 9. BaFin said that Godfather affects about 400 cryptocurrency and banking apps. The malware more specifically targets 110 crypto exchanges, 94 crypto wallets, and 215 banking apps, according to a…